The rent for an apartment in the Drumul Taberei neighborhood (southwestern Bucharest) is in some cases 40% higher than the monthly mortgage payment for a similar flat.
Installments for a studio may be 26% lower than the rent, depending on location, according to the website.
In the Colentina neighborhood (NE) the difference may hit 16%. For instance, for a studio flat in the area, the monthly installment for a 30-year mortgage loan is EUR150-180, while the monthly rent for a similar flat starts from EUR205 in Colentina and may reach EUR212 in Bucur Obor (E) and EUR230 in Dristor (SE).
Average apartment rents in Bucharest are currently 6% lower for a three-room flat compared with January 2012, and 3% higher for a four-room flat.
Studio rents have stagnated over the past two months at about EUR225 all across Bucharest and are 1% lower compared with January a year ago.
Rents for a two-room apartment at the beginning of 2013 stood at about EUR321, down 1% on the year, and up 2% compared with December 2012.
The average monthly rent for a three-room flat is EUR439, down 6% from EUR469 in January 2012, while that for a four-room apartment is EUR674, up 3% on the year and 19% higher compared to December 2012.
Some 2,132 apartments were for rent in Bucharest at the beginning of the year.