Rooms for rent: Prices hold steady despite drop in supply and increase in demand

Average room rental prices in Portugal rose only 1% in the second quarter of 2026 year-on-year, despite a 27% increase in demand and an 11% decline in supply. While prices increased in 13 of 20 analyzed municipalities—most notably in Funchal and Vila Real with 14%—Lisbon remains the most expensive market at 550 euros per month.

