From St. Pölten to Innsbruck: Where apartments are cheapest

The comparison is based on average purchase prices per square metre for apartments in the months of January to June 2026. However, the actual purchase prices of individual apartments may differ significantly from these average values, depending on location, year of construction, condition and equipment.

With average prices of 2,800 euros per square metre, St. Pölten is the cheapest Austrian capital in 2026. Used condominiums are available here - depending on location, size and furnishings - for around 1,700 to 2,500 euros per square metre. For new apartments, around 3,800 to 4,200 euros/m2 can be estimated. Eisenstadt follows with an average of 3,400 euros, Graz with 3,600 euros and Klagenfurt with 3,900 euros per square metre.

With an average purchase price of 4,200 euros/m2, Linz positions itself in the middle of the city comparison. The price difference between new and used apartments is clearly evident in the Upper Austrian capital: While you pay an average of 5,500 euros/m2 for a new condominium, the price level for used condominiums is currently around 3,800 euros/m2.

The upper price segment begins in Salzburg, Vienna and Bregenz at a considerable distance from Linz. In Salzburg and Vienna, you have to shell out an average of about 5,500 euros for a square metre of condominium, in Bregenz it is 5,200 euros. In Salzburg, the price gap between new buildings and used properties is wide. According to Raiffeisen Immobilien, you have to calculate around 8,000 to 8,500 euros for the square metre of new apartments in the city of Mozart, while used apartments are estimated at around 5,000 to 5,500 euros. In Vienna, too, new developer apartments are significantly more expensive at around 7,200 euros per square metre than used condominiums at around 4,400 euros.

In Bregenz, new condominiums cost around 7,500 euros per square metre, according to current estimates by Raiffeisen Immobilien experts. Used apartments are much cheaper, namely around 3,500 to 5,700 euros, depending on location, year of construction, condition and equipment.

Innsbruck is the undisputed leader of the ranking. With an average of 6,400 euros per square metre, the Tyrolean capital is - as in the previous year's analysis - the most expensive in the comparison. The wide range within the city is particularly evident in new construction: In good locations, around 7,000 to 9,000 euros/m2 are currently estimated, in prime locations up to 12,000 euros. Used condominiums cost around 5,500 to 7,000 euros in normal to medium locations, and around 7,000 to 8,000 euros/m2 in good locations.

"Our analysis shows very clearly how different the property markets are in Austria's provincial capitals. While buyers in St. Pölten or Eisenstadt still find comparatively low entry prices, in cities such as Innsbruck or Salzburg, scarce supply, high land prices and attractive locations have a significant impact on the price level. At the same time, you have to distinguish very precisely between new buildings and existing buildings as well as between individual locations within each city. An average value can therefore only ever be an initial orientation," explains Peter Weinberger, spokesman for Raiffeisen Immobilien Österreich.