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Crete Rental Prices Surge: Student Demand Pushes Apartments to 800€

Friday, 10 July 2026/Source: Google News/1 min read

Rental prices in Crete are rising sharply, with two-bedroom apartments now reaching up to 800 euros per month in university cities such as Heraklion and Rethymno. The surge is driven by high demand from students competing for limited housing stock, pushing landlords to raise rates significantly. This broader pressure on the local property market also affects short-term rental availability and pricing for visitors. Tourists looking for apartment-style accommodation in Crete's main cities, particularly during the academic year starting in September, may find fewer options and higher rates than in previous seasons. Booking well in advance is advisable, especially for stays in Heraklion near the university district. The trend reflects a wider housing squeeze across Greece that is reshaping the rental landscape in popular island destinations.

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