Budapest

As of May 2026, Budapest, Szentendre, Gödöllő have 7,548 active Airbnb and VRBO listings. This represents a 10% decrease from the previous year.

The average Airbnb or VRBO in Budapest generates Ft10.2M per year. High-performing properties earn Ft23.4M/year, while low-performing properties earn Ft4.6M/year. This wide variance underscores a market where top-tier inventory captures outsized revenue shares despite a broader 5.5% annual revenue decline, suggesting that high-end asset performance is decoupled from the overall contraction.

Airbnb and VRBO can be profitable in Budapest. Average annual revenue is Ft10.2M with 55% occupancy. High-performing properties earn up to Ft23.4M/year. The 10% reduction in supply indicates a tightening landscape, which may stabilize occupancy rates for existing operators despite the current downward pressure on total revenue.

The average occupancy rate for Airbnbs and VRBOs in Budapest is 55%. This occupancy level, combined with an average nightly rate of Ft42K, results in a RevPAR (revenue per available room) of Ft21K per day.

4+ bedroom properties demonstrate the strongest performance in Budapest, with annual revenue of Ft18.7M. These properties balance operating costs and rental demand most effectively in the Budapest market. Property performance varies significantly by location, amenities, and management quality.

Short-term rental regulations vary by jurisdiction in the Budapest area. Budapest: Moderate. Registration mandatory since 2022, tourist tax collection required, building consent needed. Growing enforcement with fines, but many operate informally. Szentendre: Lenient. National registration applies, minimal local restrictions. Light enforcement in practice. Gödöllő: Lenient. Basic national registration required, few local rules. Minimal active enforcement, hosts operate freely. Always verify current regulations with local authorities and obtain necessary permits before operating a short-term rental.

The Budapest Airbnb and VRBO market is currently showing balanced conditions. Supply has declined 10% year-over-year, while RevPAR has decreased 5%. This indicates balanced supply-demand dynamics. The synchronized contraction suggests a market correction where both host participation and guest spending are recalibrating in tandem.

Launch around September, 2-3 months before peak winter season (December peaks). This pre-peak timing lets you build reviews when competition is 38% lower than peak months. Avoid launching during peak season when established listings dominate, or slow months (January-February) when gaining traction is harder.

The most common amenities in Budapest listings include: Kitchen (99%), Heating (94%), Tv (87%), Air Conditioning (87%), Washing Machine (80%). Amenities that boost revenue the most include Air Conditioning, Washing Machine, Internet, with Air Conditioning properties earning approximately 26% more (Ft10.1M/year vs Ft8.0M/year).

Monthly estimated revenue per listing in Budapest over the last 12 months: May: Ft615K, June: Ft600K, July: Ft620K, August: Ft829K, September: Ft598K, October: Ft633K, November: Ft559K, December: Ft1.0M, January: Ft503K, February: Ft403K, March: Ft496K, April: Ft671K. These figures are based on RevPAR (revenue per available room) multiplied by the number of days in each month.

The overall average nightly rate in Budapest is Ft42K, up 3% year-over-year. By property size: 1-bedroom properties average Ft33K/night, 2-bedroom properties average Ft49K/night, 3-bedroom properties average Ft69K/night, 4+ bedroom properties average Ft109K/night. Rates peak in December and are lowest in February.

Guests in Budapest book an average of 35 days in advance, down 15% from last year. By property size: 1-bedroom: 33 days, 2-bedroom: 37 days, 3-bedroom: 42 days, 4+ bedroom: 47 days. Larger properties tend to have longer booking windows as guests plan group trips further ahead.

Over the past year, the Budapest Airbnb and VRBO market has seen the following changes: supply declined 10%, revenue per listing decreased 5%, occupancy fell 1%, average nightly rates increased 3%, and lead time decreased 15%. Shortened lead times alongside rising rates suggest guests are booking closer to arrival, reflecting heightened price sensitivity in a shrinking market.

In Budapest, Saturday sees the highest booking demand while Tuesday has the lowest. Nightly rates peak on Saturday and are lowest on Wednesday. Weekends show 39% higher occupancy than weekdays.