Rental market figures Q1 2025: Fewer transactions, but demand remains high

14 april 2025

The rental market in the Netherlands also shows clear shifts in the first quarter of 2025. The number of rental transactions fell by 20% compared to the previous quarter. At the same time, developments that affect both tenants and landlords remain visible. A good understanding of the market is important to make appropriate decisions in these changing circumstances.

Fewer transactions, continued high demand

In Q1 2025, 5,868 rental transactions were recorded in the freehold sector, down 19.5% from the previous quarter. The average rent increased by 2.9% to €17.91 per sq m, almost 13% higher than a year ago. These figures show that demand for rental properties remains high, while supply is under pressure.

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Flats and residential properties more popular than ever

Flats and residential houses remain in high demand. Flat rents rose 10.3% year-on-year to an average of €18.73 per sq m. Residential houses showed a similar increase and are rented for an average of €13.45 per sqm. The average rent for a residential house now stands at €1,478 per month and for a flat at €1,413.

New construction remains attractive

New construction projects are popular, reaching an average rental price of €20.30 per m², a new record. Due to the high quality and modern supply, new-build properties remain an attractive choice for tenants looking for living comfort and energy efficiency.

More demand for compact homes

Over the past period, rental properties have become slightly smaller on average. The average surface area is now 84 m², mainly due to flats being more popular. For many tenants, this actually offers opportunities: compact homes are often more affordable and fit the desire for flexible and urban living.

Growth outside cities

It is striking that rents outside the big cities have risen relatively the most. This shows that tenants are increasingly moving to less urban areas, where more space and greenery are often available.

vb&t Verhuurmakelaars rents 30% more homes in challenging market

Despite the national decline in the number of rental transactions, vb&t Verhuurmakelaars actually managed to let more homes in the first quarter of 2025 than in the same period last year: 520 versus 400 homes, an increase of no less than 30%. This growth is largely due to an expansion of the portfolio in 2024, but also to an active market approach within more difficult to let segments. "We notice that tenants are still actively searching, especially for affordable and well-maintained properties," says Irma Vergeer, manager of letting at vb&t Verhuurmakelaars. "Especially in a tight market, speed and service are crucial to keep matching supply and demand effectively."

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The rental specialist in the Netherlands

With a housing stock of 15,000 homes, vb&t Verhuurmakelaars is one of the largest rental specialists in the Netherlands. We have 55 years of experience in renting and managing homes.

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