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Lisbon Rentals: Find Cheap Rooms or Places to Rent in 2024

Find out where to find a place to rent in Lisbon, what you need to rent one, how much rent is in Lisbon, and more in this guide for Lisbon rentals.

Lisbon Rentals: Find Cheap Rooms or Places to Rent in 2024

Moving to Lisbon? Explore budget-friendly Lisbon accommodations for 2024! Use this blog to discover tips for finding cheap rooms or places to rent in Portugal's vibrant capital, including best platforms to find a place, things to note for the contract, a price breakdown and more.

Contents:

  • The best platforms to find a place in Lisbon
  • What you should know before renting a place in Lisbon?
  • What do you need to rent a place to live in Lisbon?
  • How much is rent in Lisbon?
  • Where to live in Lisbon?

Best Platforms to Find a Place to Live in Lisbon

Photo by JESHOOTS.COM / Unsplash

Worried about where to look for an accomodation in Lisbon? Look no further! Here are some recommendations for the best platforms for long-term rentals:

  • Flatio
  • Sapo.pt
  • Custo Justo
  • OLX
  • Remax
  • Idealista
  • HousingAnywhere
  • Imovirtual
  • Spotahome
  • Bquarto (for students or flatshares)
  • Facebook Marketplace or Groups

and short-term rentals:

💡
Flatshare: Useful for students and young residents. If you have friends or know people who you think it would be nice to live with, consider renting and sharing a flat with them.
⚠️
Before entering into a private rental agreement, it's essential to ensure that all necessary documentation is signed before any financial transactions take place.

What should you know before renting a place in Lisbon?

Photo by Markus Winkler / Unsplash

A standard contract should include the following:

  • End date (for fixed term contract)
  • How much money to pay and when
  • Deposit (if any)
  • Property's address
  • Leaving notice period, eviction period (for renovation or other reasons), and termination terms
  • Furnish and home essestials that are included
  • Status of facilities and appliances (e.g. kitchen, taps, shower, toilet, etc.)
  • Utilities cost (i.e. electricity, gas, water, internet)
  • Translated tenancy agreement or agreement in both Portuguese and English. Note: Some landlords do not speak English and may not be able to provide this.
  • Heating options (Portugal is generally warm, but you may need to invest on a small heater for the winter)

Useful terms:

Landlord: Senhorio/a
Tenant: Inclino/a
Lease agreement: contrato de arrendamento
Fixed-term contract: contrato com prazo certo
Open-ended contract: contrato por duracao indeterminada
Rent: renda
Deposit: caucao
Fiscal number: Numero fiscal de contribuinte (or NIF)
Furnished: mobilado
Unfurnished: sem mobília
T0 is a studio, T1 is a one-bedroom apartment, T2 a two-bedroom one, etc.

What do you need?

Photo by Thomas Bormans / Unsplash
  1. A signed lease agreement (contrato de arrendamento)
  2. Portuguese Tax ID (número de contribuinte) or NIF (Número de Identificação Fiscal) - a fiscal identification number
  3. Proof of identity
  4. Proof of employment (if not a student) or guarantor (fiador) for students

How much does it cost to rent in Lisbon?

Photo by Nathan Dumlao / Unsplash

Rent really depends where you plan to live and accomodation type, but fear no more, I got you covered. Here is a breakdown for what you can expect:

  • Room: €400-€775 per month.
  • 1-bed apartment: €650-€855 per month, depending on the location.
  • 1-bed apartment (city center): €900-€1,700 per month.
  • 2-bed apartment: €1,200-€1,700 per month, depending on the location.

Now to decide where in Lisbon is more affordable or satisfy your needs more, read below!

Where to live in Lisbon in 2024?

Before we begin, it's worth noting that Lisbon's appeal to both locals and international visitors, including digital nomads and tourists, has led to a shortage of rental listings in the city. However, Lisbon offers a choice of charming neighborhoods, each with its own unique atmosphere and amenities and rental possibilities.

To help you find the perfect place to call home in this vibrant city, I've already created a blog about the Top Neighborhoods to live in Lisbon in 2024 so check it out =). However, this is a summary of my recommendations:

  • For families with children Belém and Parque das Nações would be great options.
  • For party and social people, Baixa-Chiado and Alfama.
  • For young people and students, Roma, Areeiro, or Alameda will fit perfectly.

If you want to know why visit the Top Neighborhoods to live in Lisbon in 2024 for more details ;)

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