Belváros / Lipótváros is a trophy-tier Budapest submarket with average asking rent around €312/sqm/yr · ≈ $31.3 PSF/yr USD.

  • Average asking rent: €312/sqm/yr · ≈ $31.3 PSF/yr USD.
  • Tier: trophy.
  • Citywide Class A rent context: €264/sqm/yr · ≈ $26.5 PSF/yr USD ($26 USD).
  • Citywide vacancy: 12.4% — submarket-level availability is typically tighter at trophy tier.

Belváros / Lipótváros, Budapest office rents and availability

Belváros / Lipótváros is a trophy-tier Budapest submarket with average asking rent around €312/sqm/yr · ≈ $31.3 PSF/yr USD.

TL;DR

  • Average asking rent: €312/sqm/yr · ≈ $31.3 PSF/yr USD.
  • Tier: trophy.
  • Citywide Class A rent context: €264/sqm/yr · ≈ $26.5 PSF/yr USD ($26 USD).
  • Citywide vacancy: 12.4% — submarket-level availability is typically tighter at trophy tier.

Where rent sits

Belváros / Lipótváros averages around €312/sqm/yr · ≈ $31.3 PSF/yr USD for Class A, against a citywide Class A index of 264. As a trophy submarket, rent runs above the city average and availability is structurally tight.

Availability dynamics

Heritage CBD core. Banking (OTP, K&H), law firms, professional services, government.

Key facts

cityBudapest
submarketBelváros / Lipótváros
tiertrophy
averageRentLocal€312/sqm/yr · ≈ $31.3 PSF/yr USD
cityClassARentUsd$26/sqft/yr
cityVacancyPct12.4%

Frequently asked questions

What is the average Class A rent in Belváros / Lipótváros, Budapest?
Around €312/sqm/yr · ≈ $31.3 PSF/yr USD. The citywide Class A index sits at €264/sqm/yr · ≈ $26.5 PSF/yr USD.

Related

Editorial provenance

Reviewed by Class A Atlas Editorial Desk — House byline · global editorial team. Last updated 2026-04-15. See our methodology and editorial standards.

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