Cost of renting in the Netherlands
In the Netherlands, the government has set price caps for socially leased dwellings based on a points system known as the woningwaarderingsstelsel. With this assessment method, a maximum rental cost for social housing is established.
However, private sector rentals of homes are exempt from these restrictions. The cost of private rentals is now growing in the Netherlands at a pace of about 2.5% per year. Amsterdam (3.4%) and Rotterdam (3.2%) have seen greater rates of this.
Monthly rent
The average rent in the Netherlands is presently between €810 and €1,020 per month for a one-bedroom apartment and between €1,250 and €1660 per month for a three-bedroom apartment, according to Numbeo. This increases to between €1,200 and €1,590 for a one-bedroom flat in Amsterdam and between €1,865 and €2,165 for a three-bedroom home.
Rent is often paid in advance on a monthly basis. The easiest method to accomplish this is to use your bank to set up a direct debit or standing order.
Rental deposit
In the Netherlands, renters often pay the first month's rent in addition to a security deposit. This often equates to one to three months' worth of rent.
When you vacate, the landlord will restore the deposit, less any sums due for unpaid rent or property damage. By law, your landlord must return your security deposit to you at the conclusion of your lease; if they don't, you can sue them in court. Get them to sign a written document describing the state of the house when you move in so you have protection.
Agency or administrative costs
You will often be required to pay the costs of the agency you engage to assist you in finding housing in the Netherlands. These will be due in addition to your initial rent payment and deposit, which typically amounts to one month's rent.
The landlord will typically be liable for covering any costs if they choose to use the agency.
Insurance
After locating your new rental house in the Netherlands, it's critical that you safeguard your possessions. You can be better protected by contents insurance from theft, unforeseen damage, and other risks. You might feel secure in your new house as a result. Some lease agreements require you to get contents insurance. The following companies provide contents insurance in the Netherlands:
Other expenses
You will need to plan for a variety of extra housing expenses while renting in the Netherlands. These may consist of:
- Utility costs including electricity and internet;
- Municipal taxes, which landlords occasionally include with rent but which you could have to pay separately;
- Furnishings, as the majority of housing in the Netherlands is rented without furniture like sofas, beds, tables, and kitchen appliances.
