Vienna's Neighborhoods for Living and Investing: A 2025 Guide with Prices and Tips
Vienna is more than just a city; it's a mosaic of 23 districts, each a world unto itself with its own atmosphere, history, and opportunities:
- District 1 (Inner City)
- 2nd District (Leopoldstadt)
- 3rd District (Landstrasse)
- 4th District (Viden)
- 5th District (Margareten)
- 6th District (Mariahilf)
- 7th District (Neubau)
- 8th district (Josefstadt)
- 9th district (Alsergrund)
- 10th District (Favoriten)
- 11th District (Simmering)
- 12th District (Meidling)
- 13th District (Hietzing)
- 14th District (Penzing)
- 15th district (Rudolfsheim-Fünfhaus)
- District 16 (Ottakring)
- 17th District (Hernals)
- District 18 (Waring)
- 19th district (Döbling)
- 20th District (Brigittenau)
- 21st District (Floridsdorf)
- 22nd District (Donaustadt)
- 23rd district (Leasing)
When I first moved here a few years ago, I thought everything was about the city center: cathedrals, palaces, cafes. But I quickly realized that choosing a neighborhood is like choosing a lifestyle.
Whether you're planning a move, investing in real estate, or simply navigating the market, understanding these "worlds" will be your greatest asset.
Imagine you're looking for an apartment for your family. Downtown, in the 1st district, you'll find a luxury refurbished apartment with a view of St. Stephen's Cathedral, but at a price that will make you consider your budget. But in the 10th district, in Favoriten, for the same price, you'll get a spacious new building with a park nearby—perfect for kids.
Or you're an investor: in districts like the 7th (Neubau), rents are skyrocketing thanks to hipsters and creatives, while in district 19 (Döbling), there's steady capital growth among diplomats and winemakers.
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I remember one of my clients, an IT specialist from Ukraine, spent a month studying Vienna's district maps and ultimately chose the 4th district, Wieden. Why? Because it offers a good balance: trendy cafes, good schools, and public transportation that gets him to his office in 15 minutes. Without understanding the districts, he would have been stuck in the center and overpaid.
Why it's important to understand Vienna's districts
For those moving, neighborhoods define everyday life: where to buy groceries, where to take a child to school, how to avoid traffic jams. Vienna is a compact city, but the transportation network (U-Bahn, trams) makes some neighborhoods "central" even on the outskirts.
For example, the 22nd district, Donaustadt, with its new quarters on the Danube, has become a magnet for young families – it’s quiet, green, but close to the metro.
For investors, districts are a strategy. According to Statistik Austria , the average price per square meter in Vienna increased by 7% in 2024, but in "transforming" districts like the 15th, this increase was 11%.
Why? Because of renovations, new metro lines, and an influx of migrants. In 2025, the trend will continue : the average price is around €6,800/m², with growth of up to 8% in prime areas.
If you're new to Vienna, start with a map of Vienna's districts—it shows how the city is divided into the inner circle (1st), the Gürtel belt (2–9), and the outer zones (10–23). Each district has a number and a name, and this isn't just an administrative matter: it affects taxes, schools, and even your neighbors.
My advice: if you are moving, come and explore – take a walk, sit in a cafe.
For investors, study rental data to see where demand is exceeding supply.
This article is your guide. We'll start with an overview of the system, then delve into each district in detail: its character, prices, and investment potential.
A brief overview of Vienna's district system
Vienna's district system is like the layers of an onion: from the historic core to the modern suburbs. The city is divided into 23 districts (Bezirke), and this is no accident.
A little history. It all began in 1850, when Emperor Franz Joseph expanded Vienna to include the suburbs. At first, there was only the first district – the Inner City ( Innere Stadt ), surrounded by walls (now the Ringstrasse).
Then they added the districts along the Gürtel – a belt of highways where districts 2–9 form an “inner city” with Gründerzeit architecture: high ceilings, stucco, hofs (inner courtyards).
The outer districts (10–23) are former villages annexed between 1890 and 1938, with a mix of panel houses, new buildings and greenery.
Administrative structure. Each district is like a mini-city: its own magistrate, schools, and police force. The numbers spiral out from the center: 1st in the heart, 2nd in the north, and so on to 23rd in the south. This is convenient: an address like " Wien 1090" immediately identifies it as the 9th district.
Transportation. This is Vienna's strong point, in my opinion. The U-Bahn covers almost everything, and the S-Bahn connects the suburbs. According to Wien er Linien , 70% of Viennese use public transportation daily. However, there are local differences: in the center (1–9), everything is on foot, while in the outer areas, there are more cars and Park & Ride parking.
The architecture varies considerably: in the 1st district, Baroque and Gothic styles, UNESCO heritage sites. In Gürtel, Art Nouveau and Jugendstil are present, as in the 4th and 7th districts. The exteriors range from the socialist prefab houses of the 1960s in the 10th district to the eco-friendly new buildings in the 22nd district (Seestadt Aspern).
Real estate prices depend on many factors: the neighborhood is the main factor, but also infrastructure (the metro adds 10-15% to the price), floor (upper floors are 5% more expensive), condition (renovated vs. older buildings), parking (garage +20%), and listed building status (restrictions on renovations, but prestige).
According to Immopreise.at , the average price in Vienna was €6,800/m² in 2025, but the range is huge: from €3,600 in Vienna to €27,000 in Vienna. Important for investors: real estate tax of 1–3% of the cadastral value, plus the Maklerprovision (3% + VAT).
I remember how prices fell by 2% in 2023 due to interest rates, but rebounded by 7% in 2025. Districts undergoing transformation, like the 15th and 22nd, are seeing the biggest growth.
To choose, consider:
- For living – schools (Gymnasien at 18–19), parks (Prater at 2).
- For investments – yield (3–5% in the center, 5–7% on the outskirts).
Vienna is a stable market: rental vacancies are below 2%. However, there are nuances: in multicultural districts, such as those in the 10th, rents are lower, but demand from immigrants is high.
Vienna's Districts: A Brief Directory
Now let's move on to the main point: a detailed analysis of each district. For your convenience, here's a price comparison table by district group:
| Group of districts | Minimum price (€/m²) | Average price (€/m²) | Maximum price (€/m²) | Average price increase per year (%) |
|---|---|---|---|---|
| Inner City (1) | 10 000 | 27 000 | 30 000+ | 30 |
| Gürtel (2–9) | 6 000 | 9 000 | 12 000 | 8 |
| Southern/Eastern (10–12) | 3 600 | 5 000 | 7 000 | 10 |
| Northern/Western (13–17) | 4 000 | 7 000 | 11 000 | 9 |
| Green suburbs (18–23) | 4 000 | 6 500 | 12 000 | 11 |
1st district (Innere Stadt – Inner City)
This is the heart of Vienna. Here, every building is a monument, and every corner holds history. St. Stephen's Cathedral, the Hofburg Palace, and the opera house are all within walking distance. An atmosphere of luxury, tourist bustle, and cultural events.
I remember well showing an apartment here to an investor client. It was 80 square meters, renovated, with a designer interior and a view of the cathedral. The price was 2.2 million euros. For him, it wasn't a residence, but a business project: to rent to tourists and diplomats. He calculated the payback period at five years—and was delighted.
But the area isn't for everyone. Yes, it's prestigious, has a cultural program every evening, and has world-class restaurants. But there's also a downside: crowds of tourists during the day, strict renovation regulations (almost every building is under security), and expensive shops for even the most basic purchases. And parking is a whole other quest.
Real estate. In 2025, prices here hit new records: minimum – around €10,000/m² (if you're lucky enough to find an older building), average – €27,000/m², and premium renovations reaching €30,000+/m².
Suitable for: Those who value status and the cultural center of Europe. For investors, it's a "golden asset": the yield is low (2-3%), but capital growth is consistently high.
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Pros:
- Central location
- Rich cultural life
- High prestige
- Excellent infrastructure
- Potential for Airbnb
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Cons:
- High prices
- Noise from tourists
- Repair restrictions
- Parking shortage
- Dear Everyday Life
2nd district (Leopoldstadt )
If the 1st district is about history and prestige, then Leopoldstadt is about the balance between the city and nature. Here you'll find the vast Prater with its promenades, attractions, and festivals. And then there's Danube Island, where Viennese go jogging, cycling, and picnicking by the water.
I lived here for a year and still remember my morning jogs in the Prater. It was my salvation after busy workdays: the silence, the fresh air, and the feeling of being no longer in the city center but somewhere in a country park.
The neighborhood is incredibly diverse, ranging from high-ceilinged Gründerzeit buildings to modern waterfront apartment complexes. There's also an old Jewish quarter, popular with students and creatives. Meanwhile, new developments in the Viertel Zwei look like the future – eco-friendly wooden houses, car-free courtyards, and plenty of greenery.
Real estate. The minimum price is around €6,000/m² (older houses on the outskirts), the average is €9,000/m², and new developments along the Danube can reach €11,000/m². In 2025, price growth here is above average – 8-9% per annum, largely due to immigration and infrastructure development.
Suitable for: Young families, students, and active individuals seeking greenery and easy access to the city center. Investors will appreciate the good rental yield (4–5%), especially in new buildings.
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Pros:
- Abundance of greenery (Prater, island)
- Good transport links
- Variety of housing
- Cultural events
- Affordable prices for the center
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Cons:
- Noise from the rides
- Multiculturalism can be too dynamic
- Parking problems
- Rare floods on the Danube
3rd district (Landstraße )
Landstrasse is a diplomatic and tranquil district, home to embassies, the historic Belvedere with its gardens, office buildings, and cozy residential areas.
One of my clients bought a two-bedroom apartment here for €550,000 and rents it out to expats and diplomats. The area is reliable in this regard: the tenants are solvent, and demand is stable.
What's nice about living here is the balanced atmosphere: the U3 metro station is nearby, along with markets like Rochusmarkt and parks for strolls. On the other hand, traffic along the main streets can be annoying, and there are fewer shops for everyday needs than in more residential areas.
The architecture is pleasing to the eye: Gründerzeit buildings, Art Nouveau, and modern complexes are also found. It's quieter in the evenings than the hipster 7th or tourist centers, and many appreciate this.
Real estate. In 2025, prices will remain at €6,500–€10,500/m², with an average of around €8,500. Growth is moderate—7–8% per year—but rental yields are stable at around 4%.
Who it's for: Those seeking a balance between prestige and convenience. For investors, it's a good option for renting to diplomats or expats. Families will appreciate the greenery and security, but be aware of the traffic and above-average prices.
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Pros:
- Green areas (Belvedere)
- Diplomatic security
- Convenient transportation
- Offices nearby
- Attractions
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Cons:
- Traffic in the center
- Fewer convenience stores
- Prices are above average
- Road noise
- Limited new buildings
4th district (Wieden – Wieden)
Wieden is a district of contrasts. On the one hand, it's bourgeois: nearby is the Belvedere, beautiful Art Nouveau facades, and restored mansions. On the other, there's the student and creative atmosphere of Karlsplatz, with its street concerts, cafes, and markets.
I often come here to Naschmarkt. It's a special place: fruit and vegetable stalls, oriental spices, Austrian delicacies. Here you can meet university professors and students, freelancers with laptops, and families with children – all in one place.
Living in Wieden is convenient if you value the city center (it's just a few minutes away) but still want a little more peace and quiet than the 1st district. However, with children, it's best to look for quieter neighborhoods away from Karlsplatz, as it gets noisy and lively in the evenings.
Real estate. Prices remain high: from €7,000/m² for older properties, with an average of around €10,200/m², and top-end renovations near the metro reach up to €12,000/m². Rental demand is very strong here: yields are around 5%, and prices are growing up to 10% per year.
Suitable for: Active and creative individuals: students, young families, and those who value atmosphere and transport accessibility. For investors, the property offers excellent rental opportunities thanks to the university campus and proximity to the city center.
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Pros:
- Trendy cafes and markets
- Close to the center
- Student energy
- Good schools
- Variety of housing
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Cons:
- Crowds of tourists
- Noise
- High food prices
- Lack of greenery
- Parking problems
5th district (Margareten )
Margareten is one of Vienna's most vibrant and colorful neighborhoods. It combines social housing, modern new buildings, and old hofs (farms) that are gradually being renovated. The atmosphere is professional and multicultural, but that's precisely what makes it so interesting.
I showed an apartment here to a family from Ukraine: 60 m² for €350,000, close to a school and park. They were attracted by the more affordable prices than in the neighboring 4th or 6th districts, and the city center is a 10-minute drive away. Yes, it's noisy, yes, there's less green space, but for budget and convenience, it's a good option.
The neighborhood is gradually changing. New cafes and shops are opening on the streets, markets are becoming more modern, and its multiculturalism gives it a unique flavor. Here you can find Turkish, Arabic, and Eastern European shops—it feels like you're living in several countries at once.
Real estate. The average price is approximately €7,000/m². Prices range from €5,000/m² to €9,000/m² in renovated projects. By 2025, growth is expected to be approximately 11% due to improvements and renovations. Yields are 6%, which is above the city average.
Suitable for: Those looking for affordable housing close to the city center. For investors, this area offers growth potential.
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Pros:
- Affordable prices
- Multicultural markets
- Infrastructure development
- Close to the center
- Community
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Cons:
- Noise
- The old building needs renovation.
- Less greenery
- Social contrasts
- Traffic
6th district (Mariahilf – Mariahilf)
Mariahilf is all about shopping and dynamism. The district's main street is Mariahilfer Straße, Vienna's largest shopping street. It's always bustling with shops, boutiques, cafes, and tourists and locals alike coming to shop.
I love strolling here in the evenings: after work, you can stop at a small restaurant, have a coffee, or just window shop. But I wouldn't recommend living right on Mariahilfer Straße—it's too noisy. However, you can find cozy apartments in the quiet side streets nearby.
The area is popular with young people and those who enjoy a more active lifestyle. Singles and couples without children feel at home here: transportation is excellent, cafes and bars are on every corner, and the city center is just a stone's throw away. However, families with children often find it too crowded and noisy.
Real estate. In 2025, prices are expected to range from €6,500 to €11,000 per square meter, with an average of around €9,000 per square meter. The area is particularly attractive to investors for short-term rentals, with a yield of 5%. Tourists and business travelers are always looking for accommodation near Mariahilf er Straße.
Suitable for: Those who want to be "in the thick of things." For investors, this is one of the best spots for Airbnb or short-term rentals.
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Pros:
- Shopping and cafes
- Central position
- Transport
- A living community
- Rental potential
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Cons:
- Noise from trade
- Small apartments
- Few parks
- High cost of living
- Crowds
7th district (Neubau – Neubau)
Neubau is a neighborhood for those who love creativity and freedom. It's home to the famous MuseumsQuartier , one of Europe's largest cultural spaces. On weekends, students sit here with laptops, artists host exhibitions, and vegan cafes are filled with freelancers.
I often come here for inspiration: to drink coffee in the small cafe on Lerchenfelder Straße, pop into a gallery, or simply sit in a quiet hof. Neubau has its own unique rhythm: creativity and business during the day, and bars, concerts, and get-togethers with friends in the evening.
The area is attractive to those who appreciate the atmosphere and are willing to tolerate noise and crowds. Apartments here are often small, but feature high ceilings and designer renovations. Parking is practically a myth, so a bike or the metro become your best friends.
Real estate. The minimum price is €7,000/m², the average is around €10,000/m², and top lofts are €12,000/m². Rentals are in high demand: yield is around 4.5%, and price growth in 2025 is expected to be 9%.
Suitable for: Young professionals, IT professionals, artists – those who want to be at the center of cultural life. For investors, this property offers an excellent rental opportunity.
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Pros:
- Creative atmosphere
- Museums
- Cafe
- Renovations
- Demand from young people
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Cons:
- High prices
- Noise
- Not enough space for families
- Construction restrictions
- Crowds
8th district (Josefstadt )
Josefstadt is Vienna's smallest district, but it has a lot of charm. It's like a village within the capital: quiet streets, cozy squares, theaters, and smart cafes. There are almost no tourists here, but many locals who appreciate the tranquility and sophistication.
I love strolling here in the fall: small bookstores, theater posters, the smell of coffee from old cafes. The atmosphere is reminiscent of "old Vienna," but without the unnecessary pretentiousness.
Living in Josefstadt is convenient for those who work in the city center but want a more relaxed lifestyle. Apartments here are spacious, with classic interiors, but renovations are expensive. There are almost no new buildings, so supply is limited, and prices remain consistently high.
Real estate. The minimum price is €6,500/m², the average is €9,000/m², and the maximum is €11,000/m². Rental yields are around 4%, but the main advantage is stability: demand is constant.
Suitable for: intellectuals, families, and those who value peace and prestige. Investors – long-term rental with low risks.
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Pros:
- Refined atmosphere
- Theaters
- Quiet streets
- Good schools
- Prestige
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Cons:
- Small size
- Few new buildings
- Prices are higher
- Parking shortage
- Less shopping
9th district (Alsergrund – Alsergrund)
Alsergrund is a student and medical district. It's home to Austria's largest hospital (AKH), the University of Vienna, and numerous campuses and research centers. The atmosphere is very practical: life here revolves around science, medicine, and education.
When I first arrived in this neighborhood, I was surprised by the number of young people on the streets. The cafes were filled with students, the libraries were always busy, and in Lichtenstein Park you could meet professors and students discussing projects.
Alsergrund is a great place to live for those who work or study here: the commute from home to the university takes just minutes. Families might find it too fast-paced and noisy. However, the infrastructure is excellent: the metro, trams, markets, and parks are all nearby.
Real estate. The minimum price is €6,000/m², the average is €8,500/m², and the maximum is €10,500/m². For investors, this is a real goldmine: yields are around 5%, and rental demand is stable thanks to students and doctors.
Suitable for: Students, young professionals, doctors, and investors seeking stable rental income.
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Pros:
- Medical infrastructure
- Universities
- Parks
- Transport
- Stable demand
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Cons:
- Noise from hospitals
- Student bustle
- Less greenery
- High food prices
- Traffic
10th district (Favoriten )
Favoriten is Vienna's largest and one of its most colorful districts. It has everything from old prefab buildings and working-class neighborhoods to modern residential complexes with green courtyards. The atmosphere is multicultural: Turkish and Arabic shops, oriental spice markets, and a large immigrant community.
I helped a young family with children move here. Their apartment in a new complex near the U1 metro station was about half the price of similar apartments in the central districts. Nearby is a park, a school, and shops—everything they need for everyday life. Favoriten was a great start to their life in Vienna.
The area is actively developing: new residential complexes are being built, schools and kindergartens are opening. But social contrasts remain: well-maintained new buildings stand side by side with neighborhoods where the safety level is below average.
Real estate. The minimum price is around €3,600/m², the average is €5,000/m², and the maximum is €6,500/m². In 2025, price growth here is one of the highest: up to 12% per annum. Rental yield is around 6%.
Who it's for: Families looking for spacious and affordable housing. For investors, this is a budget-friendly entry point with good growth potential.
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Pros:
- Affordable prices
- New buildings
- Multiculturalism
- Metro
- Development
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Cons:
- Social problems
- Noise
- Less prestige
- Traffic
- Security in some areas
11th district (Simmering )
Simmering is a district with an industrial past and a relaxed atmosphere. Once known for its factories and industry, today it's a mix of residential areas, green spaces, and logistics centers.
It's quieter here than Favoriten, but it's also further from the center. For many families, it's a compromise: affordable prices, nearby parks, and public transportation. I remember a client who was looking for an affordable rental apartment. We found a 70 m² apartment in Simmering for €280,000, and he found a tenant within a week, thanks to the excellent U3 metro connection.
The architecture here is mixed: panel buildings, new residential complexes, and older buildings. The area is actively being renovated, with modern complexes appearing.
Real estate. Minimum price: €3,600/m², average: around €4,800/m², maximum: €6,000/m². Yield is above average at 7%. By 2025, price growth was around 9%.
Who it's for: Investors looking for high returns with a small investment. For families, it's a quiet alternative to Favoriten.
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Pros:
- Budget prices
- Parks
- Logistics
- Development
- Silence on the outskirts
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Cons:
- Industry (noise, pollution)
- Far from the center
- Less infrastructure
- Safety
- Few cultural events
12th district (Meidling – Meidling)
Meidling is a neighborhood where the past meets the future. Old Viennese buildings stand alongside modern complexes, and markets sit alongside new office buildings. The atmosphere is relaxed and family-friendly.
I once worked with a middle-aged couple who had moved from Germany. They chose Meidling for its balance: close to the center, good infrastructure, and quiet streets. Their apartment cost €450,000, and they're still happy: the U6 metro station is nearby, along with a school for their child and a park for walks.
Meidling is also convenient for frequent flyers: the airport is just 20 minutes away. The area is especially popular with middle-class families: it offers everything they need for everyday life, but without the bustle of more fashionable areas.
Real estate. Minimum price: €4,000/m², average: €5,500/m², maximum: €7,000/m². Rental yield: approximately 6%. Price growth by 2025 was 8%.
Suitable for: Families and those seeking a balance between price and quality. For investors, it offers a stable market with good returns.
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Pros:
- Family atmosphere
- Schools
- Transport infrastructure
- Price balance
- Markets
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Cons:
- Traffic
- Fewer trendy places
- Old Fund
- Noise from trains
- Limited prestige
13th district (Hietzing )
Hietzing is Vienna's green pearl. The district is primarily associated with Schönbrunn Palace and its gardens. Here, you feel less like you're in a metropolis and more like a suburb, with spacious parks, villas, and quiet streets.
I had a client who spent a long time deciding between the 18th and 13th districts. Ultimately, Hietzing won—a villa with a garden, a grammar school for children, and Schönbrunn Park for walks nearby. They still write to me that they couldn't imagine a more "homey" place in Vienna.
The area is expensive, but it feels cozy and safe. Families, doctors, and entrepreneurs live here. There are plenty of tourists near the palace, but walk a little further and silence ensues.
Real estate. The minimum price is around €6,500/m², the average is €9,000/m², and the maximum is €11,000/m². Rental yield is around 4%. Prices are growing steadily, but without any sudden spikes.
Suitable for: Families and those who want to live "in the countryside" but still in the city. For investors – a premium segment with long-term stability.
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Pros:
- Greenery, parks
- Prestige
- Good schools
- Safety
- Villas
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Cons:
- High prices
- Far from the center
- Less shopping
- Construction restrictions
- Elitism
14th district (Penzing – Penzing)
Penzing is the gateway to the Vienna Woods (Wien). The neighborhood is diverse: there are quiet residential areas, green spaces, old buildings, and new developments.
I remember showing an apartment here to a young couple. They wanted an affordable place with the opportunity to walk in the forest. We found an apartment in an old building near a tram line: the price was around €4,800 per square meter. It was the perfect option for them: nature, tranquility, and still easy access to the city center via the S-Bahn.
The area isn't yet as popular as Hietzing, but that's precisely its advantage. Here you can find the "next wave" of investment opportunities – old buildings are gradually being renovated, and new projects are emerging.
Real estate. Minimum price: €4,000/m², average: €5,500/m², maximum: €7,000/m². In 2025, price growth was 10%, yield approximately 6.5%.
Suitable for: Families and nature lovers. For investors, this area offers growth potential.
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Pros:
- Nature
- Affordable prices
- Development
- Suitable for families
- Silence
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Cons:
- Outskirts
- Less metro
- Industry is nearby
- Less cultures
- Traffic
15th district (Rudolfsheim-Fünfhaus – Rudolfsheim-Fünfhaus)
The 15th district was long considered a "working class" and disadvantaged area, but in recent years it has been undergoing a transformation. New cafes, bars, and art spaces are popping up, and old hof buildings are being converted into stylish residential complexes. The atmosphere is reminiscent of Berlin's neighborhoods – multicultural, noisy, yet interesting.
I once worked with an investor who was looking for a "high-growth neighborhood." We chose a new building in the 15th arrondissement, near the U3 metro station. The apartment's value had increased by 20% in three years. For him, it was the perfect example of a successful investment: low entry and high growth.
Social contrasts are still noticeable here: new residential complexes can be found alongside older buildings in less than perfect condition. But this is precisely what creates investment potential.
Real estate. Minimum price: €4,500/m², average: €6,500/m², maximum: €8,000/m². Yield: approximately 6%, price growth: 11% by 2025.
Suitable for: Young people who enjoy a dynamic environment and aren't afraid of a noisy environment. For investors, this area offers high renovation potential.
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Pros:
- Multiculturalism
- Renovations
- Cafe
- Transport
- Growth potential
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Cons:
- Noise
- Social contrasts
- Old Fund
- Safety
- Crowds
16th district (Ottakring )
Ottakring is a cultural mix, where Turkish and Balkan shops rub shoulders with Austrian breweries and markets. The most iconic spot here is Brunnenmarkt , Vienna's longest market. In the morning, it's filled with fresh fruit and spices, while in the evening, it's filled with street concerts and lively crowds.
I love coming here for the atmosphere: drinking coffee at the market, listening to music, and experiencing the city's truly multicultural spirit. But living here isn't for everyone. The area is dynamic, bustling, and has a strong cultural mix.
Ottakring is actively renewing itself: new residential complexes are appearing, and older buildings are being renovated. Prices are rising faster than the city average. It's an attractive investment opportunity.
Real estate. Minimum price: €4,000/m², average: €5,800/m², maximum: €7,500/m². Yield: approximately 6.5%, price growth by 2025: 10%.
Suitable for: Those who appreciate dynamism, markets, and a vibrant atmosphere. For investors, this area offers strong growth potential.
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Pros:
- Cultural mix
- Markets
- Transport
- Development
- Availability
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Cons:
- Noise
- Multicultural contrasts
- Old houses
- Safety
- Traffic
17th district (Hernals – Hernals)
Hernals is a quiet and green neighborhood at the foot of the Viennese hills. It's less bustling, more residential, and surrounded by nature. It's perfect for families and those who appreciate peace and quiet.
I showed an apartment here to a young couple with a small child. They chose a house with a garden so they could enjoy nature on weekends. It was a longer commute to the center, but they said, "The peace and quiet and greenery are more important to us."
There's infrastructure: trams, schools, shops. But public transportation is slower than the metro, and getting to the city center takes longer.
Real estate. Minimum price: €4,200/m², average: €5,500/m², maximum: €7,000/m². Yield: approximately 6%. Price growth in 2025 was 8%.
Suitable for: Families and those seeking a balance between the city and nature. Investors – there's steady demand from families.
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Pros:
- Green
- Silence
- Families
- Affordable prices
- Nature
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Cons:
- Hills (transport)
- Less shopping
- Outskirts
- Less events
- Old Fund
District 18 (Währing )
Währing is a district of the intelligentsia and the old Viennese bourgeoisie. It boasts beautiful Gründerzeit buildings, prestigious schools, and cozy parks. The atmosphere is respectable and calm.
I worked with a family from France who chose this area specifically for its highly rated high school. Their daughter walks to school, and the parents fell in love with the green streets and atmosphere.
Waring is popular among educated families and professionals seeking prestige and quality of life. The area is safe and well-maintained, but prices are also above average. Young people may find it boring, but for families, it's a top choice.
Real estate. Minimum price: €6,000/m², average: €7,500/m², maximum: €9,000/m². Yield: around 5%, price growth by 2025: 9%.
Who it's for. Families with children, those who value prestige and security. Investors – stability and long-term demand.
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Pros:
- Schools
- Parks
- Prestige
- Safety
- Classic
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Cons:
- High prices
- Less variety
- Outskirts
- Restrictions
- Fewer young people
19th district (Döbling )
Döbling is a symbol of Viennese elite. The district is nestled among hills dotted with vineyards, embassies, and luxurious villas. Life here is calm, measured, and utterly beautiful. Imagine: a morning stroll among the vineyards, followed by dinner in a traditional heuriger with a glass of local wine in the evening.
I had a client, a diplomat, who bought a villa here three years ago. Since then, its price has increased by almost 20%. He admits that for him, it's not just an investment but also a way of life: the peace and quiet, prestigious neighbors, and a sense of security.
Döbling is a luxury area. Apartments in old buildings, modern apartments, and private villas are expensive, but demand is steady. The area is ideal for families and those who value privacy.
Real estate. Minimum price: €6,400/m², average: €8,800/m², maximum: €12,000/m². Yield: approximately 4%, price growth by 2025: 7%.
Who it's for. Diplomats, entrepreneurs, and high-income families. For investors, it's a reliable segment with long-term stability.
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Pros:
- Elite
- Nature (vineyards)
- Embassies
- Villas
- Safety
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Cons:
- High prices
- Hills
- Elitism
- Less public transport
20th district (Brigittenau )
Brigittenau is a dense and vibrant district on the Danube. It boasts numerous high-rise buildings, modern residential complexes, and excellent public transportation links (metro line U6, close to the island). The atmosphere is urban, with a focus on young residents and an active lifestyle.
I remember a couple from the Czech Republic who were looking for affordable housing, initially in Vienna. We found them an apartment in a new building here, and they were happy: it was close to the center, close to the Danube, and the price was much lower than in neighboring areas.
Yes, the area is dense, and there's less greenery than I'd like. But it's also one of the best locations for rental portfolios: students, young families, and out-of-towners rent apartments regularly.
Real estate. Minimum price: €4,500/m², average: €6,000/m², maximum: €7,500/m². Yield: approximately 6%. In 2025, price growth was 9%.
Suitable for: Young families and investors seeking stable rental income.
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Pros:
- Danube
- Modernity
- Transport
- Youth
- Parks
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Cons:
- Density
- Noise
- Less greenery
- Floods
- Medium prestige
21st district (Floridsdorf )
Floridsdorf is a young and growing district in the north of Vienna. It features numerous new buildings, family-friendly neighborhoods, and green spaces. The atmosphere is calm yet modern.
I had a client, an IT specialist, who bought an apartment here in a new residential complex for €320,000. It was the perfect option for him: affordable, spacious accommodations with excellent connections to the city center via the S-Bahn and U6 metro.
Floridsdorf is popular with first-time homebuyers. The area is undergoing rapid development, with new schools and parks popping up. While it's a longer commute to the city center, prices are lower than in similar neighborhoods closer to Gürtel.
Real estate. Minimum price: €4,000/m², average: €5,500/m², maximum: €7,000/m². Yield: approximately 6.5%, with price growth expected to be 10% in 2025.
Who it's for: First-time buyers, young families, and investors looking for affordable housing with growth potential.
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Pros:
- Development
- Budget
- New buildings
- Nature
- Families
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Cons:
- Outskirts
- Less infrastructure
- Traffic
- Less culture
- Noisy construction sites
22nd district (Donaustadt )
Donaustadt is Vienna's future. The city's largest district, it combines green spaces along the Danube with ultra-modern neighborhoods. Its heart is the Seestadt Aspern , a true "city within a city": eco-friendly homes, car-free courtyards, bike paths, and even an artificial lake teeming with life.
I helped a young investor from Poland buy an apartment in Seestadt. Its value increased by 15% in just one year—a rarity even for Vienna. The area is actively developing, and young families are moving here, seeking space, greenery, and good infrastructure.
Yes, Donaustadt is huge. Sometimes it feels like the distances are too great, and the construction around it never ends. But in exchange, you get housing with modern layouts and prices lower than in the city center.
Real estate. Minimum price: €4,000/m², average: €5,800/m², maximum: €7,500/m². Yield: around 6%, price growth by 2025: up to 12%.
Suitable for: Families seeking greenery and new homes. For investors, this area offers strong growth potential.
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Pros:
- Eco
- Green
- New buildings
- Families
- Transport
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Cons:
- Large size
- Outskirts
- Construction is noisy
- Less center
- Prices are rising
23rd District (Liesing )
Liesing, Vienna's southern gateway, is a quiet, family-friendly neighborhood with an industrial past. It lacks the prestige of Hietzing or Döbling, but it offers plenty of greenery, cozy homes, and a relaxed atmosphere.
I remember one Austrian family who sold their apartment in the city center and moved to Liesing for the peace and quiet. " We wanted the children to grow up near parks, not among tourists ," they said. And indeed: it feels more like the suburbs than the capital.
Yes, part of the area is still associated with industry, but new projects are gradually changing the landscape. It's attracting those who value affordability and tranquility.
Real estate. Minimum price: €4,000/m², average: €5,000/m², maximum: €6,500/m². Yield: around 7%, price growth by 2025: 8%.
Who it's for: Families seeking peace and quiet and green surroundings. For investors, this segment offers affordable entry and high rental income.
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Pros:
- Silence
- Budget
- Nature
- Families
- Logistics
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Cons:
- Industry
- Far
- Less infrastructure
- Traffic
- Less events
How to choose a neighborhood to live in or invest in
Vienna's neighborhoods have distinct personalities. Some love the bustle and hustle and bustle, while others seek peace and greenery. And the neighborhood you choose determines not only the price per square meter but also your lifestyle.
When I work with clients, I always start with a simple question: " What is more important to you: life or investments? " The answer determines the strategy.
If you are choosing an area to live in
Families with children. Look for neighborhoods with good schools and green spaces. These include the 13th (Hietzing), 18th (Währing), and 19th (Döbling). These neighborhoods have prestigious high schools, are safe, and have parks for walks. Prices are higher, but the comfort is worth it.
Young couples and singles. The districts with vibrant cultural and social life are ideal for you: 4th (Wieden), 6th (Marijhilf), and 7th (Neubau). Here you'll find cafes, markets, galleries, and quick access to the city center. Life is 24/7, but noise and prices come at a price.
Those looking for affordable housing should consider the 10th (Favoriten), 11th (Simmering), 20th (Brigittenau), or 23rd (Lising). These areas offer affordable prices, new residential complexes, and good transportation. While the social contrasts may be daunting, they're a great place to start.
Lovers of peace and nature? Your choice: 17th (Hernals), 14th (Penzing), or 22nd (Donaustadt). These green districts offer a feeling of closeness to nature, yet still feel like you're in Vienna.
If you are choosing an area for investment
For rent (stable demand). City center (1st), student districts (9th – Alsergrund, 4th – Wieden, 7th – Neubau). Apartments here sell out in weeks; tenants are students and expats. Yield: 4–5%.
For capital growth. Look to the "transforming" districts: 15th (Rudolfsheim), 10th (Favoriten), 22nd (Donaustadt). Here, renovations and new projects are driving prices up the fastest – up to 11-12% per year.
For the premium segment. 1st (Inner City), 13th (Hietzing), 19th (Döbling). Here, yields are lower (2–3%), but they offer stable growth and prestige. This is a "golden asset" that doesn't lose value.
For yield . Affordable housing districts: 11th, 20th, and 23rd. Here, you can get a yield of 6–7%, thanks to high demand from families and immigrants.
Personal advice
Come to the neighborhood. Go to the market, stroll in the park, sit in a cafe. The city is better experienced on foot than through screens.
Explore transportation options. The metro and trams determine your comfort level. An apartment in the 22nd arrondissement near the U2 may be more convenient than one in the 9th arrondissement without a good station nearby.
Look to the future. New metro lines, renovation projects, and eco-neighborhoods are significantly impacting price growth. What seems out of place today will be a hot spot tomorrow.
Don't forget about rent. Even if you're buying for yourself, it's helpful to know how easy it is to rent out the apartment. Vienna has a vacancy rate of less than 2%. This means there are almost no empty apartments.
Result
Vienna is a mosaic city. Each district has its own atmosphere, from the luxury of the center to the tranquility of the suburbs. For some, the best choice is a villa near Schönbrunn, for others, a loft near Naschmarkt, and for others, a new building in Seestadt.
I always tell my clients: " When you choose a neighborhood, you're choosing a lifestyle. Real estate isn't just walls; it's your everyday life ."
"If you're an investor, I recommend viewing the district as a strategy. The better you understand the city's dynamics, the more successful your investments will be."
— Oksana , investment consultant,
Vienna Property Investment