This analysis compares the months of 2026 so far with the same period in 2025, showing that the average daily number of listings within the €2,300 limit rose from 30,285 to 34,270, representing an increase of around 13 percent.

Despite the higher number of properties available, their overall share of the analysed rental market remained broadly unchanged at 88 percent.

Housing type

The average size of properties advertised for up to €2,300 has fallen by around 12 percent compared with last year, while one-bedroom properties have increased their share of the market by 4.5 percentage points.

Meanwhile, larger T3 and T4 apartments now account for a smaller share of available homes, suggesting that tenants searching within this budget are increasingly encountering smaller properties.

“This data is relevant, but it should not be considered in isolation”, Sylvia Bozzo, Marketing Manager at Imovirtual, explained. “Within the same price range, there are very different realities, and we can see properties are becoming smaller on average, with T1s gaining weight.”

She added that looking at the number of properties below a particular rent is not enough to understand the market, as the type of home that tenants can actually afford within that budget is equally important.

Region range

The picture changes when looking specifically at properties advertised between €2,000 and €2,300 a month.

Across the cities with comparable figures, listings in this range rose from 851 in 2025 to 1,143 this year, a growth of around 34 percent.

Lisbon accounted for approximately 76 percent of these properties, with supply in this price bracket increasing by around 43 percent, followed by Porto, although at a considerably lower level, with supply rising by 14 percent.

Funchal, Braga, Aveiro and Coimbra also saw increases, while listings fell in Faro, Setúbal, Viana do Castelo and Leiria.

Rent threshold

In the largest markets, rental prices within the €2,000 to €2,300 bracket changed relatively little.

The average in Lisbon rose from €2,143 to €2,161, an increase of 0.8 percent, while Porto saw a 3.1 percent rise, from €2,093 to €2,158.

Furthermore, average prices also increased in Funchal, Braga and Coimbra by 3.9 percent, 2.9 percent and 1.4 percent, respectively.

Leiria moved in the opposite direction, where the average fell by 4 percent, followed by Viana do Castelo at 3.8 percent and Faro at 3.1 percent.

However, Ponta Delgada registered the largest percentage increase, at 8.8 percent, although the number of properties available there was relatively small.

Sylvia Bozzo said the figures for the €2,000 to €2,300 range underscore the differences between Portugal’s rental markets, noting that around three-quarters of the listings analysed were located in Lisbon.

These findings indicate that a national rent threshold does not necessarily translate into the same housing options across the country.

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