What is the average Class A rent in Vienna?

Around 312 EUR/sqft/yr ($29 USD) across the broader Class A index. Trophy submarkets like Innere Stadt command 20–40% above that.

How many months of rent-free are normal in Vienna?

6 months on a 5-year deal is the standard benchmark. Lease-up product or tenants with strong covenant strength can push higher.

Are rents rising or falling in Vienna?

The Vienna Class A market is currently flat. Vacancy is 4.6%, which sets the negotiating context.

Headline Class A rent in Vienna is around 312 EUR/sqft/yr ($29 USD), with 6 months of typical rent-free on a 5-year term.

Headline Class A rent: 312 EUR/sqft/yr ($29 USD).
Trophy submarket rents (Innere Stadt) push to roughly €336/sqm/yr · ≈ $33.7 PSF/yr USD.
Typical concessions on a 5-year deal: 6 months free rent.
Vacancy stands at 4.6% — market trend is flat.
Use effective rent (face minus PV of concessions), not headline, to compare deals.

Vienna Class A office rents and incentives

Headline Class A rent in Vienna is around 312 EUR/sqft/yr ($29 USD), with 6 months of typical rent-free on a 5-year term.

TL;DR

Headline Class A rent: 312 EUR/sqft/yr ($29 USD).
Trophy submarket rents (Innere Stadt) push to roughly €336/sqm/yr · ≈ $33.7 PSF/yr USD.
Typical concessions on a 5-year deal: 6 months free rent.
Vacancy stands at 4.6% — market trend is flat.
Use effective rent (face minus PV of concessions), not headline, to compare deals.

Headline rent vs. effective rent

Asking rents in Vienna are quoted in EUR per sqft per year. Across the broad Class A index the figure is 312, but the trophy tier in Innere Stadt reaches roughly €336/sqm/yr · ≈ $33.7 PSF/yr USD. Always discount headline rent by the present value of free rent and fit-out-capex">tenant improvement allowance to land on effective rent — the only number that compares cleanly across deals.

Rent-free and TI

Standard Vienna concessions on a 5-year Class A lease run to 6 months of base-rent abatement. Trophy lease-ups can push rent-free 25–40% above that benchmark. Local cost-of-occupancy is also shaped by tax — Austrian federal corporate income tax of 23% (reduced from 25% in 2024). 20% VAT. Vienna municipal payroll tax (Kommunalsteuer) of 3%. International-organisation tenants benefit from headquarters-agreement tax exemptions.

Where rents land by submarket

Innere Stadt sits at the top end (~€336/sqm/yr · ≈ $33.7 PSF/yr USD). Donau City clears around €264/sqm/yr · ≈ $26.5 PSF/yr USD as the prime tier. Ringstraße Corridor represents the value end at ~€288/sqm/yr · ≈ $28.9 PSF/yr USD. The full submarket map is on the Vienna city page.

Key facts

city	Vienna
country	Austria
region	EMEA
classARentLocal	312 EUR/sqft/yr
classARentUsd	$29/sqft/yr
vacancy	4.6%
typicalLeaseYears	5
typicalRentFreeMonths	6
submarkets	5
primeYieldPct	4.4%
trophyRent	€336/sqm/yr · ≈ $33.7 PSF/yr USD
primeRent	€264/sqm/yr · ≈ $26.5 PSF/yr USD

Frequently asked questions

What is the average Class A rent in Vienna?: Around 312 EUR/sqft/yr ($29 USD) across the broader Class A index. Trophy submarkets like Innere Stadt command 20–40% above that.
How many months of rent-free are normal in Vienna?: 6 months on a 5-year deal is the standard benchmark. Lease-up product or tenants with strong covenant strength can push higher.
Are rents rising or falling in Vienna?: The Vienna Class A market is currently flat. Vacancy is 4.6%, which sets the negotiating context.

Editorial provenance

Reviewed by Samuel Okafor — EMEA contributing editor. Last updated 2026-04-15. See our methodology and editorial standards.

Primary sources for this page

CBRE Marketview reports — CBRE
JLL Office Insight — JLL
Cushman & Wakefield Marketbeat — Cushman & Wakefield
Savills World Research — Savills
Colliers Global Office Outlook — Colliers

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