Budapest’s District I is considering stricter rules on short-term apartment rentals and may even move to ban such activity altogether, deputy mayor Csilla Fazekas announced on Thursday.
According to her statement, Fazekas plans to initiate talks with mayors of neighbouring districts on jointly regulating or potentially prohibiting short-term rentals. She noted that District VI was the first in Budapest to introduce a ban, following a consultative local referendum held in Terézváros in the summer of 2024. Based on the outcome, the district leadership decided to prohibit apartment hotels from January 2026, a move that has since prompted debate in several other parts of the capital.
Citing January data from property portal ingatlan.com, Fazekas said measurable changes have already appeared in the rental market of District VI. The median monthly rent for used condominiums offered for lease in Terézváros stood at 282,500 forints in January, 1 per cent lower than a year earlier. At the same time, the number of available rental properties rose to nearly 1,250, representing a 28 per cent increase compared with January 2025.
In District I, ingatlan.com found that the median monthly rent for used apartments reached 300,000 in January 2026, up 4 per cent year on year. The median price per square metre of used homes for sale in the Buda Castle area rose by 15 per cent to around 1.9 million forints.
The property portal noted that the operation of Airbnb-type accommodation in District I is effectively frozen for new entrants due to the existing Budapest-wide moratorium. According to ingatlan.com’s assessment, any additional district-level restrictions would mainly affect current operators and owners, and could lead to an increase in the supply of homes available for sale or long-term rental.
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