Back to newsRental prices across Crete remain elevated, driven in part by sustained demand from student housing. The island's universities, particularly in Heraklion, absorb a significant portion of available long-term rental stock, reducing supply and keeping costs high year-round. For tourists planning extended stays or looking to rent apartments rather than book hotels, this means accommodation costs are unlikely to drop significantly even outside peak summer months. Visitors seeking short-term rentals in Heraklion and other university towns should expect competitive pricing and limited availability. Booking well in advance is advisable, especially for stays longer than a few nights. Those with more flexibility on location may find better value in smaller towns or villages away from the main urban centers.
general
Student Housing Keeps Crete Rental Prices High Year-Round
Related news
Discover Crete
Getting around Crete by bus
- Bus Agia Galini to Heraklion
- Bus Agios Nikolaos to Heraklion
- Bus Agios Nikolaos to Hersonissos
- Bus Agios Nikolaos to Ierapetra
- Bus Agios Nikolaos to Sitia
- Bus Chania to Heraklion
- Bus Heraklion to Hersonissos
- Bus Heraklion to Ierapetra
- Bus Heraklion to Malia
- Bus Heraklion to Matala
- Bus Heraklion to Rethymno
- Bus Heraklion to Sitia
Stay informed.
Get the weekly Crete briefing · news, weather, events. No spam.