Fight over rental property

5 June 2023

Looking for a rental house in Amsterdam with a rent between 1000 and 1500 euros? Then you are (unfortunately) not alone. Often you are baiting the same house with about 190 people. The number of rental properties in Amsterdam is declining rapidly while the demand for housing in this price range has increased twenty-fold over the past two years.

Rental market gets stuck

Research by rental platform Pararius shows that the rental market is stalled. The trend that the demand for rental housing exceeds the supply has been going on for some time. Especially the middle-income fall between shore and ship according to Pararius director Jasper de Groot. These people earn too much for a social rental house but too little for an average owner-occupied house. According to De Groot, the government has announced several measures that have the negative effect of causing landlords to sell free-sector rental properties. This will further reduce the supply of housing.

Situation in Amsterdam according to Pararius research

In two years, the average number of responses to a free sector rental property in Amsterdam increased from 7 (Q1 2021) to 29 (Q1 2022) to 50 responses (Q1 2023), respectively.

An extreme shift occurred in the price range between €1,000 and €1,500 per month. In two years, the number of interested parties increased twenty-fold to an average of 188. Free sector rental properties under €1,000 per month can count on an average of 300 interested parties. View the entire Pararius survey here.

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