The prices of apartments for rent in Budapest vary mainly depending on the location and the condition of the flat. The price range that an average CEU student can afford is approximately between 60,000 and 80,000 HUF (for a room in a shared flat) plus utilities.
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The most expensive flats can be found in certain central Budapest districts such as the 1st (Buda Castle), 2nd, 12th (Central Buda), 13th, 5th (Central Pest, CEU is located here). Note that prices do not only depend on the location (district), but also on the condition and quality of the flat. As a general rule, however, in the above districts the location itself tends to push prices upwards. Rooms in these districts can be rented from 70,000 HUF per person + utilities. This average is calculated on the basis of a shared flat and 30 square meters/person. If you want to live alone, you can expect a price of 120,000 HUF or more + utilities for a separate 30 square-meter flat.
The medium price range can be found in the 6th, 7th, 8th, 9th or 11th districts, however, such flats are more difficult to find and they tend to be equipped and furnished in a simpler fashion. A 30 square-meter share of these flats can generally be rented from 60,000 HUF per person + utilities. If you want to live alone, you can expect a price of 100,000 HUF or more + utilities for a separate 30 square meter flat.
The lowest price apartments are usually located in the peripheral districts of the town. The cheapest flats are in the housing blocks of 20th, 21st, 23rd, 18th, 19th, 10th, 17th, 16th, 15th, 14th, 4th, 22nd districts and some areas in the 3rd district. Despite the long commute to CEU, these apartments can be very comfortable, bright and well heated, as the main price factor is the distance from the city center. If you want to live alone, the rent can be 80,000 HUF for a 30 square meter flat.
Please note that here we have given the average prices in these districts. Actual prices can exceed these averages.