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In May’s rental market overview, we will be discussing the latest trends and developments in the rental markets of three major European cities: London, Amsterdam and Paris. With the introduction of the Renters’ Reform Bill in the UK, the impact of impending rental controls in the Netherlands, and the changing landscape of the Parisian property market, there’s plenty to explore. Read on to discover how these factors are shaping the rental market state of play in May 2023 and what it means for tenants and landlords alike.

Let’s take a look at how rental markets are faring in London, Amsterdam, and Paris. In April 2023, the London rental market showed signs of a “spring bounce” with rents climbing 0.2% after three consecutive months of decline. Meanwhile, in Paris, all four property types monitored by Adleo Relocation dropped in value, making it slightly cheaper for new tenants to secure a rental property. In Amsterdam, the rental market cooled slightly after significant rises in March, with three of the four properties monitored by Adleo dropping in value.

Let’s take a look at how rental markets are faring in London, Amsterdam, and Paris. Rental values in Greater London are declining, but year-on-year values have increased and availability remains a major concern. Paris has seen a general rise in rental prices, but tenants renting new homes receive less value-for-money in terms of space. Amsterdam may see landlords selling up and exiting the market due to proposed rent controls, impacting rental values. Rental costs in all three cities have continued to increase in March, indicating ongoing pressure on rental markets.