Property prices in Vienna 2026: what does a flat cost — according to the official figures?

The essentials in brief

• Vienna 2025: median price €5,212/m² for owner-occupied flats, +5.5% vs 2024 (Statistik Austria, published 28 May 2026).
• Lower Austria 2025: median price €3,089/m²; Austria: €4,162/m² (+4.4%).
• Vienna 2026 per the WKO price mirror: first occupancy €5,430/m², second-hand €3,810/m² (April 2026).
• The National Bank's price index for Vienna 2025: +2.9% against 3.8% inflation — a slight fall in real terms.
• The turn in 2026: Austria's house price index in the second quarter of 2026 was +5.1% (existing stock) and +4.9% (new builds) year on year.
• Richtwert Vienna since 1 April 2026: €6.74 per m² (previously €6.67).
• Across Austria a rented flat cost on average €10.5/m² including operating costs in the second quarter of 2026 (Statistik Austria).

What does a flat in Vienna cost per square metre?

The median price of an owner-occupied flat in Vienna was €5,212 per square metre in 2025. Statistik Austria calculates this figure from purchase contracts of private households in the Grundbuch. New builds and second-hand flats are separated only by the Chamber of Commerce's price mirror.

The median is the middle value of the transactions analysed: half of the flats sold for more, half for less. It is not an arithmetic average. It is based on purchase contracts of private households from the Grundbuch; Statistik Austria excludes favour prices and subsidised prices where possible.

For a specific flat these values are only a frame. Floor, lift, outdoor space, condition, heating system and the building's Rücklage (maintenance reserve) shift the price by 30% and more — often more strongly than the difference between two districts. How an individual flat is valued is explained in our guide Property valuation.

How have property prices in Vienna developed?

After interest rates rose in 2022, prices stagnated in real terms; since 2026 they have been climbing again. In 2025 Viennese flat prices rose 2.9% according to the National Bank against inflation of 3.8% — in real terms, then, a slight fall. In the first half of 2026 the house price index across Austria was already 3.9% above the previous year, and 5.1% in the second quarter.

Why do +2.9% and +5.5% differ for the same year? The median price also changes simply because more expensive flats happen to be sold. The National Bank's index strips that effect out and shows the price change for comparable flats. For the question "are flats getting more expensive?" the index is therefore the more telling figure.

What does renting in Vienna cost?

Across Austria a main-tenancy flat cost on average €10.5 per square metre including operating costs in the second quarter of 2026, of which €2.7 was operating costs (Statistik Austria, 8 Sep 2026). Private rented flats in buildings dating from after 1945 came to €10.7 net, cooperative flats to €6.5 and municipal flats to €5.7.

For period flats in Vienna there is a statutory ceiling: the Richtwert. Since 1 April 2026 it has been €6.74 per square metre (previously €6.67); surcharges and deductions for location and fit-out come on top, as do operating costs. The increase of around 1% follows the fifth Mietrechtliches Inflationslinderungsgesetz (rent inflation relief act). What the Richtwert means for a flat bought to let is explained under Vorsorgewohnung Vienna.

Which ceiling applies to a specific flat depends on the year of construction, on any subsidy, and on whether the flat is held in Wohnungseigentum (condominium ownership). How we offer rented flats is set out under Rent.

Where the figures come from: sources and method

On this page we use only figures from public bodies and from the statutory chamber — each with its date of publication. Every source measures something different, which is why we say with each figure where it comes from.

Why we do not quote average prices per district. In a single Viennese district often only a few hundred flats are sold per year — a Gründerzeit period building, a converted municipal flat and a new-build loft all end up in the same average. Such a figure says less about your flat than the price per square metre of comparable properties. That is why every one of our listings shows the concrete price per square metre, and why our district pages, such as Hietzing or Floridsdorf, show location and housing stock instead of an average.

We update this page as soon as one of the sources publishes new figures. The date of the last review is at the foot of the page.