District 7
Erzsébetváros
| The 7th district (Erzsébetváros - named after queen Sissy and also called as Elizabethtown) is known for its lively, youthful atmosphere let that be the fancy bars, weekly farmers markets or gourmet street food spots not to mention the closeness of the City Park with its museums and vast greenery. |
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In the last century there has been numerous small shops, restaurants and community centers in this area that are in their Renaissance now. The inner parts of the 7th (South from the Grand Boulevard) is known as the party quarter with its ruin pubs and fancy clubs, but not many people know that this district is part of UNESCO World Heritage sites of Budapest. It is also home to the orthodox synagogue of Budapest and many kosher diners. |
Inner-Erzsébetváros is the most popular, renewed part of the 7th district which is now filled with students and young professionals and appeal to those who can't afford the Financial District and Diplomat Quarter, yet want to be near downtown.
The most charismatic part of the district is the Old-Jewish quarter with the monumental Synagogue in Dohány street, which is the biggest synagogue of Europe and the second biggest synagogue of the world. Its iconic building with its ornamental onion-shaped domes also host the Jewish Museum and is frequented by locals and tourists as well.
| The historical area around has been even more popular recently, where 5-10 years old newly constructed condos and hundred years old houses vary and complement each other providing homes to the traditional residents of the district amid the clog of young professionals as well. The inner part of the 7th district has been ever changing from the centre of Jewish life, the ghetto, a dilapidated district, and hipster hub – still with a strong Jewish presence, while outer Elizabethtown is an attractive, developing residential area. |  |
Bordered by the Király Street on the West and the Rákóczi Street on the East side all the necessary amenities can be found such as the pleasant City Park, Arena Shopping Mall, Metro lines 2-4 and the Eastern International Railway station.
In 2017 Insider published a list of the coolest districts in Europe where the 7th district of Budapest ranked amongst the bests considering location, accommodation, cultural activity and sustainability besides some other factors.
The housing stock is full of turn of the century houses and quite a few newly-built residential condominiums. The prices vary accordingly with a minimum of 1,500 EUR per sqm up to 2,100 EUR for buying an apartment while for rental good quality properties .
Also Consider: District 6 and 9
While the 6th may be somewhat more expensive as of housing, it provides the same advantages including central location, good food and culture, but it is also closer to the downtown and to the Financial center. The 9th is also a good option for those who prefer the liveliness of the city and like to live in a diverse area.
