# 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.

**Canonical URL:** https://classa.info/cities/budapest/ferencvaros-millennium/topics/vs-other-submarkets
**Page type:** nb-topic
**Last updated:** 2026-04-15T00:00:00.000Z
**License:** CC BY 4.0 with attribution to Class A Atlas (https://classa.info).

## 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).

## Key facts
- **city**: Budapest
- **submarket**: Ferencváros / Millennium City Center
- **tier**: trophy
- **averageRentLocal**: €288/sqm/yr · ≈ $28.9 PSF/yr USD
- **cityClassARentUsd**: $26/sqft/yr
- **cityVacancyPct**: 12.4%

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

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Citation: Source: Class A Atlas (https://classa.info/cities/budapest/ferencvaros-millennium/topics/vs-other-submarkets), updated 2026-04-15T00:00:00.000Z.