Although not enough to balance demand, the supply of housing for rent in Portugal rose 61% in the third quarter of 2024 compared to what was available in the same period of 2023, reveals data analysis by idealista.

The stock of houses available for rent increased in 16 of the 20 district capitals analysed (and with representative samples), according to data from idealista.

Highlighted is Viseu, a city where the supply of homes for rent has more than doubled in the last 12 months. There was also a significant increase in the housing stock in the rental markets of Viana do Castelo (82%), Porto (82%), Faro (80%), Braga (77%), Funchal (77%), Lisbon (65 %), Santarém (56%), Aveiro (55%) and Évora (53%).

With lower rental stock increases are Coimbra (47%), Leiria (44%), Beja (41%), Castelo Branco (33%), Setúbal (14%) and Vila Real (7%).

Still, the same data reveals that there were four large cities where a smaller number of houses for rent were registered in the summer of 2024 compared to the previous one. This is the case of Bragança (-19%), Portalegre (-18%), Ponta Delgada (-6%) and Guarda (-5%).