Housing rental in Greece in 2025: prices reached a record.

Greece is experiencing a housing crisis that has led to a continuous rise in rental prices. In April 2025, the average monthly rent was around 440 euros. The situation has become critical, as rental prices have exceeded the income of the average household. Demand for rentals exceeds supply due to owners preferring short-term rentals through the Airbnb platform.

According to the Bank of Greece, housing problems are linked to the investment exploitation of real estate and limited construction. The SPI price index from Spitogatos showed a nationwide increase in rental prices in the first quarter of 2025.

Costliest areas for renting in Greece:

• Cyclades – 14.2 euros/sqm.
• Southern and Northern suburbs and central Athens.
• Chalkidiki due to the tourist season and short-term rentals.
• Vouliagmeni in Attica – 20.0 euros/sqm.
• Philothei, Voula, Kolonaki-Livokritos, and Paleo Psychiko.
• In Thessaloniki – Vardar-Lahanokipi (11.1 euros/sqm) and the center.

Greece faces a labor shortage – about 80,000 workers are needed in the tourism, agriculture, and construction sectors. Local residents are unwilling to work in these sectors, forcing the government to seek workers from abroad.

Conclusion:

The housing crisis in Greece continues to deepen, causing rent prices to rise. Demand for rentals exceeds supply, and property owners mainly prefer short-term rentals through the Airbnb service. The country also faces a labor shortage in the tourism, agriculture, and construction sectors, leading the state to decide to attract workers from abroad.

The housing crisis in Greece has led to a difficult situation where rental prices exceed the income of many Greeks. The demand for housing is higher than the supply, which adds to the problems. There is a lack of workforce to address this situation, so the authorities are seeking solutions by attracting workers from abroad.