Portugal rental prices rise in Alentejo while Lisbon and Porto stabilize

Rental prices in Portugal are showing divergent trends across different regions. In the Alentejo region, rental costs rose by 11% in August compared to the same month in 2025, reaching a median of 11.6 euros per square meter. This represents the second-highest year-on-year increase in the country, following the Algarve, which saw a 22.8% rise.

In contrast, rental costs in the major urban centers of Lisbon and Porto have stabilized. Data indicates that Lisbon rents saw a marginal variation of 0.9% compared to the previous year, while Porto experienced a slight decrease of 0.2%. This stabilization follows a period of significant escalation in previous years. Despite this plateau, average rents for new contracts remain high, with median values of 1,615 euros in Lisbon and 1,275 euros in Porto for used properties.