An in-depth study by Spacest.com
Vienna, the capital of Austria, was ranked for the third consecutive year as the most livable city in the world, thanks to its high quality of life, excellent infrastructure, and access to high-level services.
Living in Vienna means being immersed in a fascinating historical context, with a rich cultural heritage, and at the same time enjoying a modern and sustainable city.
In this article we will explore everything related to life in Vienna, with a particular focus on rents, the real estate market, the quality of life and the opportunities offered by the city.
Living in Vienna: the most livable city in the world
Vienna has for years been ranked as the most livable city in the world from renowned international rankings, such as the “Mercer Quality of Living Survey”.
This title is due to various factors, including an excellent public transport system, high-quality healthcare, safety, abundance of green spaces and a rich cultural landscape.
Vienna offers a perfect mix between urban living and the chance to relax in green areas, such as the Prater and the Stadtpark, as well as boasting clean air and sustainable resource management.
The sense of security, low crime, the efficiency of the healthcare system and the accessibility of public facilities are just some of the aspects that contribute to making Vienna an ideal place to live, not only for local residents but also for expats.
Rentals and real estate market in Vienna
The Vienna real estate market is stable, but with ever-increasing demand, especially due to the constant flow of new international residents and professionals moving to the city.
Although Vienna is one of the most livable European capitals, rents remain relatively affordable compared to other international cities such as London, Paris and Zurich.
However, the cost of rent can vary significantly depending on the area. Vienna is divided into 23 districts (Bezirke), each with unique characteristics, which determine the price of rentals.
Average rental prices:
- Studio apartment: €700-1100 per month;
- Two-room apartment: €1000-1500 per month;
- Three-room apartment: €1500-2200 per month.
The availability of apartments is generally good, but demand is particularly high in the more central and well-connected areas.
Below we analyze the main neighborhoods based on costs and quality of life.
The best neighborhoods to live in Vienna
Exclusive neighborhoods
- Innere Stadt (1st District): the heart of Vienna, home to many historic buildings, restaurants and theaters. It is the most exclusive district, where rental prices can reach very high figures. Perfect for those who want to live in the historic center of the city, surrounded by iconic monuments such as St. Stephen’s Cathedral and the Imperial Palace;
- Alsergrund (9th District): Located close to the center and the famous University of Vienna, this neighborhood is full of classical architecture and offers a lively cultural life. It is a popular choice among academics, professionals and wealthy families;
- Döbling (19th District): Known for its luxurious residential areas, Döbling is particularly popular with wealthy families and expats. Numerous vineyards are also found here, offering a green and relaxing atmosphere, whilst remaining well connected to the centre.
Mid-range areas
- Neubau (7th District): this neighborhood is one of the trendiest and most creative in Vienna, frequented by artists, young professionals and students. It is known for its vintage shops, art galleries and lively food scene. Rents here are more affordable than in the center, but still remain mid-range;
- Mariahilf (6th District): located near the famous Mariahilfer Straße, one of Vienna’s main shopping streets, this neighborhood is highly sought after for its dynamic life and proximity to the center. It’s a good option for those who want to be close to the action without the high costs of the historic center;
- Leopoldstadt (2nd District): Located between the center and the Prater, Leopoldstadt offers a great combination of urban living and access to green spaces. It’s a popular area for families and young professionals, with rents tending to be more affordable than the central districts.
Less expensive neighborhoods
- Favoriten (10th District): Favoriten is one of Vienna’s most populous and fastest-growing districts. It offers more affordable prices and is undergoing urban regeneration, with new buildings and better transport links. It is particularly suitable for those looking for cheaper housing solutions without straying too far from the centre;
- Simmering (11th District): Simmering is a more industrial and less touristy area, but offers excellent connections to the city center and lower rents. It is a good option for those on a small budget and looking for functional and well-connected accommodation;
- Floridsdorf (21st District): Located north of the Danube River, Floridsdorf is a residential neighborhood offering affordable rent and a peaceful environment. Despite being far from the center, the U-Bahn line makes it easy to reach the central areas in a short time.
Living in Vienna: transport and mobility
One of the great advantages of living in Vienna is the excellent public transport network, which includes metro (U-Bahn), trams, buses and regional trains (S-Bahn).
The city is well connected and public transport is considered one of the best in the world, punctual and efficient.
Public transport passes are relatively cheap: an annual pass costs around €365, allowing you to travel for one euro a day throughout the city.
Vienna is also a very bike-friendly city, with numerous cycle paths and a bike sharing system (City bike) widely used by residents.
The city is also investing in electric and sustainable mobility to reduce emissions and improve air quality.
Job opportunities of living in Vienna
Vienna is an international hub for diplomatic organizations and multinational companies, offering a wide range of job opportunities, especially in the fields of technology, life sciences, finance and international relations.
The presence of institutions such as the United Nations and OPEC attracts professionals from all over the world.
The quality of life in Vienna is incomparable, with an excellent public healthcare system, top-notch schools, and a safe urban environment. Residents have access to a wide range of cultural activities, artistic events and sporting events.
Culture and leisure in Vienna
Vienna is a city rich in culture, known for its historic musical tradition linked to composers such as Mozart, Beethoven and Strauss.
The city is home to famous theaters and concert halls, including the Vienna State Opera and the Musikverein, home to New Year’s Eve concerts broadcast around the world.
In addition to music, Vienna offers a wide range of world-class museums, including the Kunsthistorisches Museum, the Albertina and the MuseumsQuartier, one of the largest cultural complexes in Europe.
The nightlife is equally lively, with numerous bars, traditional Viennese cafes and clubs. Let’s not forget the famous Viennese cafés, such as Café Central, which are an integral part of the city’s culture.
In conclusion
Living in Vienna is an exceptional experience, both for the quality of life and for the numerous opportunities offered.
With a unique combination of history, culture and modernity, the Austrian capital continues to be one of the most desirable cities in the world.
If you are considering moving to Vienna, take into consideration the different neighborhoods and housing options, so you can find the solution that best suits your needs.
To find the perfect accommodation in the most livable city in the world, visit platforms like Spacest.com, where you can discover the best rental offers in Vienna and start your new life in this amazing city.