Ferencváros / Millennium City Center (trophy, ~€288/sqm/yr · ≈ $28.9 PSF/yr USD) is one of 5 Budapest Class A submarkets we track.

  • Ferencváros / Millennium City Center sits at trophy tier.
  • Average rent €288/sqm/yr · ≈ $28.9 PSF/yr USD vs city average 264.
  • Compared submarkets: Belváros / Lipótváros (trophy), Váci úti Corridor (trophy), Pasarét / Buda Hills (prime).

Ferencváros / Millennium City Center vs other Budapest submarkets

Ferencváros / Millennium City Center (trophy, ~€288/sqm/yr · ≈ $28.9 PSF/yr USD) is one of 5 Budapest Class A submarkets we track.

TL;DR

  • Ferencváros / Millennium City Center sits at trophy tier.
  • Average rent €288/sqm/yr · ≈ $28.9 PSF/yr USD vs city average 264.
  • Compared submarkets: Belváros / Lipótváros (trophy), Váci úti Corridor (trophy), Pasarét / Buda Hills (prime).

Side-by-side with peers

**Belváros / Lipótváros** (trophy, €312/sqm/yr · ≈ $31.3 PSF/yr USD) — Heritage CBD core. **Váci úti Corridor** (trophy, €300/sqm/yr · ≈ $30.1 PSF/yr USD) — Principal Class A spine. **Pasarét / Buda Hills** (prime, €264/sqm/yr · ≈ $26.5 PSF/yr USD) — Boutique HQ submarket. **XI. district / BudaPart** (prime, €288/sqm/yr · ≈ $28.9 PSF/yr USD) — Western riverfront Class A.

Key facts

cityBudapest
submarketFerencváros / Millennium City Center
tiertrophy
averageRentLocal€288/sqm/yr · ≈ $28.9 PSF/yr USD
cityClassARentUsd$26/sqft/yr
cityVacancyPct12.4%

Frequently asked questions

What other submarkets compete with Ferencváros / Millennium City Center in Budapest?
Belváros / Lipótváros, Váci úti Corridor, Pasarét / Buda Hills

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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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