Amsterdam Apartment Rental Statistics 2022
At RoofHunt, part of our job is to keep a close eye on the real estate market and its trends. The average rent house in Amsterdam has been steadily increasing in cost, making it very hard to find a decent place to stay in the city.
Amsterdam is more popular than ever before. Enticing expat benefits, a relatively small-scale city life, and a picturesque ambience have turned Amsterdam into a very attractive city for both companies and individuals.
It should come as no surprise that the Amsterdam rental homes market has been extremely tight over the past few years, and continues to be so for the foreseeable future.
Because a picture says more than a thousand words, we've made a small infographic based on the data we have collected in the past few years:
The above infographic is based on our own data, collected between early 2019 and July of 2022. During this time, the apartment rental market in Amsterdam has seen a significant upward trend.
While the numbers show us a very active market, they don't tell the full story. We'll give you some more context as to what these numbers entail precisely below.
Availability
The above data is collected between early 2021, and July of 2022. In this period, we have observed little over 19.000 rental houses in Amsterdam.
This boils down to around 35 new listings per day, every single day of the week. If you look at the availability of apartments in Amsterdam, you'll note that there's a always a very healthy supply.
It's worth noting that this number is skewed slightly. We have observed quite a few apartments being listed, taken down, and then re-listed a few days or weeks later. This could be either because the landlord couldn't find a suitable tenant, or their tenant pulled out at the very last minute.
Whatever the case, we have decided to include these "re-listings" as actual listings, so long as they were re-listed at a different price point (interestingly, most of the re-listed apartments were listed at a slightly higher price the second time around, which is a strong indication the market has been trending upwards).
Apartments under €1.500 are the most scarce. Apartments over €3.000 are widely available.
Listing Duration
If you want to land a rent house in Amsterdam, you'll have to be quick. On average, a listing stays up for 7.34 days, with apartments lower in the price range tend to be gone in little over four days.
This means that if you are looking rent a house in Amsterdam, you have to be very fast in finding an apartment you like online, and contacting the real estate agent. Because the market is so extremely competitive at the moment, this can become a very time consuming task.
Be careful not trust just any website when looking for an apartment. Here are some trusted websites with legit listings:
RoofHunt scans these, and many other reliable websites for you automatically. All that's left is choosing a house you like, and making that phone call.
Price
The last in our holy trinity of market indicators is price. This is probably the most important metric if you are looking to rent a place.
What's interesting is that even though the average rent house in Amsterdam is far more expensive than in any other city in the country, the vast majority is priced below the average:
This tells us two things:
- There are a handful of extremely expensive rent apartments available at any given time
- Even though the real estate market in Amsterdam is hot, there is still a very healthy offering available around the €1.500 price point
The elephant in the room is of course the lack of suitable rental homes in the price category below €1.000. This is typically the price point at which students or individuals starting out would be looking for, and its lack of availability may force people to live with roommates, or avoid the city altogether.
Conclusion
The housing market in Amsterdam has been hot for years, and it's not showing any signs of cooling down. With mortgage interest rates on the increase, more people are expected to flock to rental apartments instead of buying a place of their own. This can only lead to an even more competitive market, and may cause prices to increase even further.
Having said that, there is still a very healthy offering available around the €1.500 price point, but that's still a relatively high point of entry.
Amsterdam appears to lack affordable housing, and without clear plans to address these issues on the horizon, it seems options are limited.
We will of course continue to monitor the market and report on any changes. Make sure you subscribe to our newsletter, so you don't miss any of our updates!