In 2016, according to the Observatoire de l'Habitat, the average rent nationally was 1,380 euros at the national level and 1,650 euros in Luxembourg City.
It is true that the rental market is rather tense. With demand exceeding the available supply, prices have been driven up. Delphine, 30, works in the banking sector. When she arrived in Luxembourg, she made the choice to live in a flat share like most of her young colleagues.
"I wanted to start by getting my bearings and meeting people", says the young woman from Aix-en-Provence.
5 years later, this temporary arrangement has become permanent.
“Renting a studio flat would cost me double of my current rent. As I work a lot and spend little time at home, I prefer to save on housing and treat myself to a great holiday.”
In Luxembourg City, the supply of small living spaces is limited. Renting a studio costs more than 1,000 euros per month while it costs around 1,600 euros for a one-bedroom flat or a two-bedroom house.
Also note that in the capital, prices vary from one neighbourhood to another. Beggen to the north, Hamm to the east or Cessange to the south are among the most affordable areas, around 1,200 euros per month.
The hyper-centre also called Ville Haute, Limpertsberg or Hollerich are listed as having the most expensive rents, reaching 1,800 euros on average.
Between the two, Bonnevoie appears as a good compromise. Near the centre, with an average rent of 1,337 euros.