Economy · Greece

Struggle for Student Housing in Athens as Rents Exceed 11 Euros per sqm

4 sourcesFirst reported 15 days agoUpdated 14 days ago

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Rental rates for student housing in Athens have exceeded 11 euros per square meter, significantly impacting students and their families.
The demand for smaller apartments has surged, with only one in five available rentals being under 55 square meters.
Central Athens rental prices have reached over 600 euros for small apartments, further complicating the search for student accommodation.
The rising housing costs in Attica continue to pose challenges for those not residing in owned properties, particularly for students.
The quest for affordable student housing remains a major concern for thousands of families each year in the region.

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The ongoing search for student accommodation in Athens is increasingly challenging due to rising rental prices. Reports indicate that rental rates for smaller apartments in student-friendly areas have surged, averaging over 11 euros per square meter. This increase translates to monthly rents that can exceed 600 euros for properties in central locations, further complicating the housing search for students and their families.

Additionally, the demand for smaller apartments, particularly those under 55 square meters, has grown markedly. Currently, only one in five available rental units meets this requirement, indicating a significant shortage in the market. Families seeking affordable housing options for their university-aged children are finding it difficult to secure suitable living arrangements amidst these escalating costs. The situation has become a pressing concern, prompting calls for increased focus on more accessible housing solutions for students in Athens.

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Struggle for Student Housing in Athens as Rents Exceed 11 Euros per sqm

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