Supply of rooms to rent rises 56% while prices increased by 13% in 2024

The supply of rooms for rent in shared houses increased by 56% in the fourth quarter of 2024, compared to the same period of the previous year, according to an analysis published by Idealista, one of Portugal’s main real estate marketplaces.

This growth follows a trend already observed in the previous quarter, where the increase was 36%. Despite the increased availability of rooms, prices have risen 13% over the last year.

When analysing the supply of rooms by city, it can be seen that the increase in stock was accentuated, with most cities exceeding 25%. Lisbon stands out with an increase of 103%, followed by Santarém and Castelo Branco, both with a growth of 68%.

Other cities such as Coimbra (37%), Porto (35%), Aveiro (34%) and Viana do Castelo (28%) also showed significant increases. On the other hand, Braga (19%) and Leiria (9%) had an increase of less than 25%, while Viseu remained stable. On the other hand, the supply of rooms decreased in some cities, such as Funchal (71%), Guarda (31%), Faro (27%), Ponta Delgada (17%), Évora (12%) and Setúbal (4%).