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Property prices in Vienna: what a square metre costs by district

Flats in Vienna are offered at a median of about € 7,605 per square metre, ranging from roughly € 5,472 in Favoriten to € 19,555 in the Innere Stadt. Here are the asking prices for all 23 districts, honestly put in context and linked to the location data that explains them.

Asking prices for condominiums (immopreise.at / derStandard-Preisspiegel, as of December 2025). Asking is not closing: actual purchase prices are often lower. These values are orientation, not a valuation of a specific flat.

View over the rooftops of Vienna
Kasa Fue · CC BY-SA 4.0

Price per square metre: all 23 districts

DistrictBuy, €/m²vs. Vienna median
1010 Innere Stadt€ 19,555+157 %
1020 Leopoldstadt€ 8,264+9 %
1030 Landstraße€ 7,934+4 %
1040 Wieden€ 9,953+31 %
1050 Margareten€ 8,257+9 %
1060 Mariahilf€ 7,895+4 %
1070 Neubau€ 8,026+6 %
1080 Josefstadt€ 8,154+7 %
1090 Alsergrund€ 9,588+26 %
1100 Favoriten€ 5,472-28 %
1110 Simmering€ 5,701-25 %
1120 Meidling€ 6,149-19 %
1130 Hietzing€ 8,610+13 %
1140 Penzing€ 6,546-14 %
1150 Rudolfsheim-Fünfhaus€ 6,424-16 %
1160 Ottakring€ 6,445-15 %
1170 Hernals€ 7,6050 %
1180 Währing€ 8,089+6 %
1190 Döbling€ 9,060+19 %
1200 Brigittenau€ 5,997-21 %
1210 Floridsdorf€ 6,307-17 %
1220 Donaustadt€ 6,695-12 %
1230 Liesing€ 6,309-17 %

Vienna median: € 7,605/m²

The range: from social-housing districts to the Innere Stadt

The most affordable are Favoriten (€ 5,472), Simmering (€ 5,701), Brigittenau (€ 5,997). These are large districts with lots of subsidised housing, good metro links and, honestly, some louder corners too; the range within each district is wide.

The most expensive are Innere Stadt (€ 19,555), Wieden (€ 9,953), Alsergrund (€ 9,588). The 1st district is an outlier, which is why we compare against the median rather than the average: a single palais sale would distort the picture.

Important: the district value averages over very different areas. The same flat costs less on the noisy Gürtel than three lanes further in a quiet Grätzl. That is exactly what the Neighbourhood Atlas is for, it shows every area individually.

And rents?

Asking rents in Vienna average around € 20 per square metre per month (including service charges; well below or above depending on location and condition). We will publish district-level rents once enough of our own listings provide a solid basis, we would rather not calculate than calculate poorly.

For many pre-war flats there is no free market price at all: under the Austrian "Richtwert" system the rent is capped by law, with surcharges and deductions for location. What that means for your rent is covered in the Richtwert guide.

Regulated rents & location surcharge explained →

What actually drives the price

Behind every district price are location factors you can measure. wohnwahn shows exactly those for every address:

Accessibility
Real transit minutes to the centre instead of beeline. Metro proximity is the strongest single price factor.
Quiet
Traffic noise costs quality of life and lowers the price; the official noise map shows it street by street.
Green & climate
Parks, trees and water cool the area. Heat islands get priced in more with every summer.
Sun
A shaded ground-floor courtyard and a sunny 5th floor are two different flats, in price too.

Where low prices and good locations meet is shown in the ranking "Affordable living where it is worth it".Affordable living: the ranking →

Common questions about Vienna property prices

What does a flat in Vienna cost per m²?

Depending on the district, condominiums are offered between about € 5,472 (Favoriten) and € 19,555 (Innere Stadt) per square metre. The median across all 23 districts is around € 7,605/m² (asking prices, as of December 2025).

Which Vienna district is the most affordable?

Measured by asking prices for condominiums, Favoriten (1100) is the most affordable at around € 5,472/m², followed by Simmering and Brigittenau. Within each district the range is wide though, the exact location matters.

Which district is the most expensive?

The Innere Stadt (1010) at around € 19,555/m², far ahead of Wieden and Alsergrund. The 1st district is a special market of palais and rooftop objects.

Are these actual purchase prices?

No, they are asking prices from a published price index (immopreise.at / derStandard-Preisspiegel, as of December 2025). Actual closings are often a few percent lower. Land-register-based prices are sold by commercial data providers; for orientation per district, asking prices work well.

What does renting in Vienna cost on average?

Asking rents average around € 20/m² per month including service charges. For many pre-war flats the "Richtwert" system additionally caps the rent by law, there the legally permissible amount is often lower than the asking rent.

Are prices in Vienna rising or falling right now?

After the interest-rate dip of 2022 to 2024, asking prices in Vienna have largely stabilised, with differences by segment: new builds remain scarce (few completions), renovation-needy old stock has become more negotiable. We deliberately do not publish per-district forecasts.

Read on

Price data as of December 2025 · Source: immopreise.at / derStandard-Preisspiegel · Orientation, not a valuation