All homes fall under the ‘mid-rent’ scheme. What does that mean?
Mid-term rent is for those who earn too much for social rent, but too little for purchase. To rent an apartment in Paddington, your gross annual income is at least 45 times the net rent per month and a maximum of € 57,220 for a single person, € 67,632 for a multi-family household. Tenants who leave a social rental home are given priority when allocating a mid-rental home. The basic rent for a mid-rental apartment is a maximum of € 1,041.76 (price level 2021) per month, excluding service costs and parking space. You will not receive a rent allowance.
Sign up for the newsletter to stay informed. Towards the start of rental, 3rd quarter 2022, we will also provide more information about the process surrounding renting a mid-rental apartment. Tenants are expected to receive the keys to the home in the first half of 2023.