Tuesday, 22 September 2026 · Europe
EUR/USD 1.146 EUR/GBP 0.8578 EUR/CHF 0.9393 EUR/PLN 4.348 All rates →
Sign in · Join
EUROPES The European Report
European Edition Tuesday, 22 September 2026
LATEST Apple could take on Whoop with a new fitness tracker, report says Le Flash →
Economy & Money

Renting a one-bedroom flat in Portugal costs 200 euros more than the minimum wage

Renting a one-bedroom flat in Portugal costs 200 euros more than the minimum wage

Renting a one-bedroom flat costs a median 1,128 euros a month, 123% more than a room at 505 euros, according to property portal idealista, with the highest prices in Lisbon, Faro and Madeira.

After a downward trend in the first half of 2026, rents in Portugal began rising again in August , and anyone looking for a one-bedroom flat (T1) now has to pay more than 200 euros above the minimum wage .

According to a recent report by the property portal idealista , covering the second quarter of 2026, renting a T1 costs a median of 1,128 euros per month , a figure that is 123% higher than renting a room, which comes to 505 euros a month.

At district level, Lisbon is the most expensive area . An independent flat that includes one bedroom in the capital region has a median price of 1,354 euros per month . It is followed by the island of Madeira (1,295 euros/month), Faro (1,171 euros/month), Porto (983 euros/month), Setúbal (981 euros/month) and São Miguel island in the Azores (979 euros/month).

At the other end of the scale, the cheapest T1s are found in the districts of Guarda (456 euros/month), Castelo Branco (527 euros/month) and Bragança (529 euros/month).

Looking at the capitals of these districts, tenants have to make an even greater effort. A T1 in the city of Lisbon has a median price of 1,409 euros/month , a pattern that is repeated in other cities: Funchal (1,340 euros/month), Porto (1,003 euros/month) and Faro (1,001 euros/month).

Guarda (438 euros/month), Beja (790 euros/month), Bragança (520 euros/month) and Castelo Branco (538 euros/month) are the district capitals where renting a T1 works out cheapest.

As for rooms, Madeira (565 euros/month) is even more expensive than the Lisbon district (551 euros/month), with Porto (457 euros/month) closing the top 3. At the opposite extreme are Bragança (205 euros/month), Guarda (205 euros/month) and Castelo Branco (246 euros/month).

In the ranking of room prices by city, Lisbon and Funchal are neck and neck (570 euros per month). The cheapest options are in Guarda (200 euros/month), Beja (270 euros/month) and Viseu (271 euros/month).

The idealista survey also shows that studios have a median price of 908 euros per month , which is 80% more than a room, while being 20% cheaper than a T1.

Bragança is where the gap between renting a room and a studio is widest, both at district level (131%) and in the city itself (128%).

More from Economy & Money