On Monday 28 September 2026, Luxembourg's Housing Observatory (Observatoire de l'habitat), under the supervision of the Ministry of Housing and Spatial Planning, published a new report examining the demographic, economic, wealth and financial characteristics of private landlord households residing in Luxembourg.
The report draws on the EU Statistics on Income and Living Conditions (EU-SILC) and Household Finance and Consumption Survey (HFCS) to present their evolution over time, as well as their most recent situation, and compares them with the rest of non-landlord households.
According to the report, between 30,000 and 40,000 resident households in Luxembourg are private landlords, representing around 13% of all households. Although they are a minority, they have a significantly different profile from non-landlord households: they are more often retired (41% compared with 24% for the rest of the population), predominantly of Luxembourgish origin (60%) and overwhelmingly owners of their main residence (80%).
Their average incomes are around 60% higher than those of non-landlords. Their rental income, averaging around €30,000 per year, represents 16% of their total gross income and therefore generally constitutes a supplementary source of income. This income comes almost exclusively from residential rentals.
The differences are even more pronounced in terms of wealth. The average gross wealth of landlord households is 3.6 times that of non-landlord households, with real estate other than the main residence constituting their largest wealth component (41% of the total). Landlords are also strongly overrepresented among the wealthiest households: they account for a significant share of high-income households and the majority of high-wealth households.
Finally, almost one in two landlord households reported having received a significant gift or inheritance, compared with one in five non-landlord households. The amounts received are also more than double those received by non-landlords, highlighting the potentially important role of transfers in their wealth accumulation trajectories.
