Rents have not fallen as much in nearly six years as they did in October.

In October, rental prices in Hungary decreased by 1.1% nationally and 1.3% in Budapest, marking the largest drop in nearly six years. Despite a typical autumn decline in rental demand, this year's decrease is particularly significant, with a year-on-year increase in rents slowing to 5.5% nationally. Balogh László from ingatlan.com noted that the slowdown in property price increases has weakened the attractiveness of real estate investments, leading some investors to withdraw from the market. The number of rental properties has risen since the start of the academic year but remains below last year's levels. In Budapest, the median rent is now 255,000 HUF, down from 260,000 HUF a year ago, with significant regional variations in rental prices.