Vienna Property Prices 2026: Price per Square Meter by District

What does an apartment in Vienna really cost right now? You'll find plenty of figures online, and they often don't match. Here are the official numbers from Statistics Austria and the Austrian National Bank (OeNB): for Vienna as a whole, for every district and for the trend in 2026.

How much does a square meter of apartment cost in Vienna?

A median of €5,212 per square meter – that's what a condo in Vienna cost in 2025. Half the apartments sold for more, half for less.

These are the latest official average prices from Statistics Austria, published in May 2026. Importantly, they're based on real purchase prices – not on what's being asked in listings.

For comparison: the average for Austria as a whole is €4,162/m². That makes Vienna the most expensive state, just ahead of Vorarlberg (€5,000/m²), Salzburg (€4,968/m²) and Tyrol (€4,965/m²).

Example (for illustration only): a 70 m² apartment at Vienna's average price of €5,212/m² would come to around €365,000. Depending on location, condition and features, your apartment may be well above or below that.

Which districts are the most and least expensive?

The table shows Statistics Austria's average prices for condos of 54 to 77 m² without a balcony, terrace or garden, calculated from real purchase prices from 2021 to 2025 and adjusted to 2025 price levels (price per m² of living space).

A note on the year built: Statistics Austria divides apartments into three groups by year built: up to 1960, 1961 to 1990 and from 1991. There's no separate figure for Vienna's classic prewar buildings (before 1945) – they're included in the group up to 1960. In the Innere Stadt, there are few sales, so one figure applies to all apartment sizes there.

The most expensive district is the Innere Stadt, at €7,077/m² for buildings up to 1960 and €9,477/m² for buildings from 1991. For buildings up to 1960, Josefstadt, Alsergrund, Mariahilf and Wieden follow.

The cheapest is Favoriten, at €3,024/m² for buildings up to 1960, followed by Simmering, Floridsdorf and Liesing.

Apartments with a balcony, terrace or garden rank higher in the same table. One example: in Leopoldstadt, an apartment built up to 1960 with outdoor space costs an average of €6,064/m² instead of €4,630/m².

Where do you get the most apartment for your money in Vienna?

Try it on the map: set your budget, compare two districts or see how prices have changed since 2021. The figures come from the same Statistics Austria data as the table above.

How are property prices developing in 2026?

Prices are rising again – to a new record level.

According to Statistics Austria, residential property in Austria was 3.9% more expensive in the first half of 2026 than a year earlier. In Q2 2026, the price index rose above the previous peak from Q3 2022 for the first time.

• Existing properties: Q1 +2.9%, Q2 +5.1%
• New housing: Q1 +2.6%, Q2 +4.9%
• Existing apartments over the whole half-year: +4.1%

So prices are picking up noticeably over the course of the year.

For context: prices in Austria fell in 2023 and 2024. In 2025, they went up again by 2.6%. In Vienna, condos became 1.8% more expensive in 2025, while houses got 1.5% cheaper.

The 2026 half-year figures apply to Austria as a whole. The next Statistics Austria data (Q3 2026) will be published on December 18, 2026.

Why are there so many different figures?

Every source calculates differently, so you can't compare the figures directly.

One example for Vienna in 2025:

• Statistics Austria: +1.8%, condos only
• OeNB: +2.9%, apartments and single-family homes combined

Both are correct – they just don't measure exactly the same thing. According to the OeNB, prices in Vienna rose faster in 2025 than the Austrian average (+2.1%) and than Austria excluding Vienna (+1.6%).

The district table above also only covers one specific group: apartments of 54 to 77 m² without outdoor space. So it can't be compared one-to-one with the Vienna average of €5,212/m².

The gap between asking prices and purchase prices is even bigger. Listings show what sellers would like to get. The statistics show what buyers actually paid in the end. Portal figures are often well above the official averages – for the Innere Stadt, you'll find figures online almost twice as high as others.

New build or prewar – how big is the price difference?

In almost every Vienna district, apartments built from 1991 cost significantly more than those built up to 1960.

In Leopoldstadt, you pay an average of €6,369/m² for buildings from 1991 and €4,630/m² for buildings up to 1960. In Wieden, it's €7,139 versus €5,397; in Penzing, €5,796 versus €3,827. Mariahilf is the exception: there, apartments built up to 1960, at €5,445/m², are actually more expensive than those from 1991, at €4,708/m².

Example (for illustration only): at the table values, a 70 m² apartment in Leopoldstadt would come to around €324,000 if built up to 1960, and around €446,000 if built from 1991.

When it comes to price growth, though, things have turned: in the first half of 2026, existing houses and apartments across Austria rose 4.0%, new ones 3.8%. According to Statistics Austria, that's the first time in years that existing properties have risen faster than new ones.

What does this mean for you as a seller?

The market is currently working in your favor – but a realistic price is still what matters.

• Prices are rising again: residential property in Austria has never been this expensive, and existing apartments and houses are currently rising slightly faster than new ones.
• The district makes a big difference: between Favoriten and the Innere Stadt, there's more than €4,000 per m² for buildings up to 1960.
• Outdoor space counts: a balcony, terrace or garden noticeably raises the price, as the Leopoldstadt example shows.
• Listings aren't a benchmark: if you base your price on portal figures, you'll quickly be too high. Real purchase prices from the land register and Statistics Austria are a better basis.
• Lower Austria: there, condos became 1.9% more expensive in 2025 and houses 2.6%, according to Statistics Austria.

Even within a district, the immediate surroundings, floor level and condition matter. The table is a good guide, but it doesn't replace a look at your apartment.