Cheapest Neighborhoods in Budapest

All 19 neighborhoods in Budapest ranked by cost of living index. Updated 2026.

Cheapest Rent
$408/mo
City Avg Rent
$600/mo
Neighborhoods
19

Cheapest Neighborhoods in Budapest — Full Rankings

# Neighborhood 1BR Rent Index vs Avg
1 Csepel $408/mo 0.68x -32%
2 District XV (Rákospalota) $432/mo 0.72x -28%
3 District X (Kőbánya) $450/mo 0.75x -25%
4 District IV (Újpest) $468/mo 0.78x -22%
5 District XVI (Árpádföld) $480/mo 0.80x -20%
6 District VIII (Józsefváros) $492/mo 0.82x -18%
7 District XIV (Zugló) $510/mo 0.85x -15%
8 Kelenföld $510/mo 0.85x -15%
9 District III (Óbuda) $528/mo 0.88x -12%
10 District XI (Újbuda) $552/mo 0.92x -8%
11 District IX (Ferencváros) $612/mo 1.02x +2%
12 District XIII $630/mo 1.05x +5%
13 Margaret Island $660/mo 1.10x +10%
14 District VII (Jewish Quarter) $672/mo 1.12x +12%
15 District VI (Terézváros) $690/mo 1.15x +15%
16 District XII (Hegyvidék) $690/mo 1.15x +15%
17 District II (Buda Hills) $708/mo 1.18x +18%
18 District I (Buda Castle) $732/mo 1.22x +22%
19 District V (Belváros) $780/mo 1.30x +30%

Rent estimates based on city average of $600/mo adjusted by neighborhood cost index. Index 1.00 = city average.

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Frequently Asked Questions

What is the cheapest neighborhood in Budapest?

The cheapest neighborhood in Budapest is Csepel, with an estimated 1-bedroom rent of $408/month — 32% below the city average.

What is the average rent in Budapest?

The average 1-bedroom rent in Budapest is approximately $600/month. Rents range from $408/mo (Csepel) to $780/mo (District V (Belváros)).

How many neighborhoods does Budapest have?

Our database covers 19 neighborhoods in Budapest, each with detailed cost-of-living and salary data.

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