What is the average cost of housing in Budapest?

If you are thinking about moving to Budapest, cost of living in probably a key consideration. Expats commented about the cost of housing...

"The cost of housing in Budapest can vary greatly depending on the area and type of accommodation. Generally, the average cost of renting an apartment in Budapest is around €500-€700 per month, while the average cost of buying a property is around €1,500-€2,000 per square meter," remarked another expat in Budapest, Hungary.

"I would say outside the city lower but inside the city normal for most US cities and lower for cities like NYC and DC. The average cost for a 1200 square ft. apartment is around the same price usds. If you get a good deal that would include utilities. We pay 720. usds on the average for a 1 bedroom apartment including utilities. We were lucky," said a member in Budapest, Hungary.

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What is the average cost of housing in Budapest?

If you live in Budapest, newcomers to Budapest would love to hear your answer to this question.