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EUROS The World Financial Report
Nº 94 Tuesday, 13 October 2026 · World Edition
Europe

One-bedroom flat rent in Portugal costs more than minimum wage

Euros Room · 22 Sep 2026
One-bedroom flat rent in Portugal costs more than minimum wage

Renting a one-bedroom flat costs a median €1,128 a month, 123% more than renting a room, which costs €505, according to property portal Idealista. Prices are highest in Lisbon, Faro and Madeira.

After a downward trend in the first half of 2026, rents in Portugal began rising again in August, and anyone looking for a one-bedroom flat now has to pay more than €200 above the minimum wage.

According to a recent report by the property portal idealista , covering the second quarter of 2026, renting a one-bedroom flat (known as a T1 in Portugal) costs a median of €1,128 per month, a figure that is 123% higher than renting a room, which comes to €505 a month.

At district level, Lisbon is the most expensive area. An independent flat that includes one bedroom in the capital region has a median price of €1,354 per month. It is followed by the island of Madeira (€1,295/month), Faro (€1,171/month), Porto (€983/month), Setúbal (€981/month) and São Miguel island in the Azores (€979/month).

At the other end of the scale, the cheapest T1s are found in the districts of Guarda (€456/month), Castelo Branco (€527/month) and Bragança (€529/month).

Looking at the capitals of these districts, tenants have to make an even greater effort. A T1 in the city of Lisbon has a median price of €1,409/month, a pattern that is repeated in other cities: Funchal (€1,340/month), Porto (€1,003/month) and Faro (€1,001/month).

Guarda (€438/month), Beja (€790/month), Bragança (€520/month) and Castelo Branco (€538/month) are the district capitals where renting a T1 is cheapest.

As for rooms, Madeira (€565/month) is even more expensive than the Lisbon district (€551/month), with Porto (€457/month) rounding out the top 3. At the opposite extreme are Bragança (€205/month), Guarda (€205/month) and Castelo Branco (€246/month).

In the ranking of room prices by city, Lisbon and Funchal are neck and neck (€570 per month). The cheapest options are in Guarda (€200/month), Beja (€270/month) and Viseu (€271/month).

The idealista survey also shows that studios have a median price of €908 per month, which is 80% more than a room, while being 20% cheaper than a T1.

Bragança is where the gap between renting a room and a studio is widest, both at district level (131%) and in the city itself (128%).