Real estate ; Bucharest keeps up with Cluj Napoca in rental market

The average rent in Bucharest grew in quarter 4, 2019 and reached the level of the one in Cluj, according to Imobiliare.ro. “In Bucharest, the average rent for a two-room apartment is 420 euros/month, on the rise from 410 euros in quarter 3. The same type of housing (two rooms, comfort 1, built 1980-2000 period, area of 50-60 sq.m) can be rented in Cluj Napoca with the same price of 420 euros/month,” according to a press release.

Those two cities are followed by Timisoara and Brasov with an average rent of 350 euros/month.

“On the other hand, Iasi recorded a drop, below 350 euros/month, to 330 euros/month. The same average rent, of 330 euros is applied in Tulcea, while in Targu Mures landlords ask for 320 euros/month. In Constanta, a two-room apartment can be rented with 300 euros/month, the same price as in Ploiesti.”

200 euros is the average amount requested in Targoviste, Satu Mare, Drobeta Turnu Severin, Piatra Neamt, Baia Mare, Ramnicu Valcea, Slatina and 210 euros/month in Targu Jiu.

Bucharest attracted 37,800 inquiries, followed by Timisoara (6,100), Constanta (5,300), Cluj Napoca (4,900), Brasov (4,400) and Iasi (3,800).

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