It’s pretty easy to fall in love with Lisbon. The city has it all – great weather, incredible history, tasty food, and friendly locals!

Stretching over hills, surrounded by lush gardens and the famous River Tagus, there is plenty to see and do in the culturally rich city for all different kinds of travelers.

The Portuguese capital is overflowing with rich heritage, and is one of Europe’s most celebrated, scenic and oldest cities. The quaint cobblestone streets are lined with traditional Pombaline buildings, decorated with blue and white hand-painted tiles. Interspersed with streetside cafes and bistros serving delicious Mediterranean-style food, you will never fall short of where to eat.

Lisbon is a bustling hotspot city, and is a dream destination for international visitors. Packed with all different kinds of places to stay from luxe hotel and boutique hideaways to affordable hostels and magical apartments, the vacation rentals in Lisbon are top tier!

If you need a helping hand finding a perfect base for your Lisbon adventure, keep reading!

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    Quick Answer: These are the Top 5 Vacation Rentals in Lisbon

    Overall Best Value Vacation Rental in Lisbon
    Belém Mezzanine Flat Lisbon
    Overall Best Value Vacation Rental in Lisbon

    Mezzanine Flat with 2-Bedrooms and a Parking Spot

    • > $$
    • > 4 Guests
    • > Loft space
    • > In Belem
    Best Budget Vacation Rental in Lisbon
    Damasceno Apartment Lisbon
    Best Budget Vacation Rental in Lisbon

    Spacious 2-Bed Apartment with Sun Room and Balcony

    • > $
    • > 3 Guests
    • > Spacious living area
    • > In Anjos
    Best Vacation Rental for Couples in Lisbon
    Cozy 1-Bed Cottage with Patio Lisbon
    Best Vacation Rental for Couples in Lisbon

    Cozy 1-Bed Cottage with Patio

    • > $$
    • > 3 Guests
    • > Restored artisan cottage
    • > Steps away from Tram 28 in the historic center
    Best Vacation Rental for a Group of Friends in Lisbon
    Casa das Boganvilias Lisbon
    Best Vacation Rental for a Group of Friends in Lisbon

    Holiday Home with Garden and Terrace

    • > $$
    • > 6 Guests
    • > Laundry facilities, free parking and a garden
    • > In Northeast Lisbon
    Over-the-Top Luxury Vacation Rental in Lisbon
    Historic 3-Bed Apartment with Classical Interiors Lisbon
    Over-the-Top Luxury Vacation Rental in Lisbon

    Historic Apartment

    • > $$$$
    • > 6 Guests
    • > 18th Century-reclaimed furnishings
    • > In the Alfama

    Staying in a Vacation Rental in Lisbon

    Finding somewhere to stay in Lisbon is a real adventure! The city is filled with incredible spots that are all relatively affordable compared to much of northern Europe.

    You can find beautifully decorated homes, spacious places with state-of-the-art equipment and modern finishes, all for great value for money. When looking for a vacation rental in Lisbon, you’ll find traditional Pombaline apartments and homes that have been uniquely refurbished for rental purposes.

    Downtown Lisbon

    The best part of staying in a vacation rental are the home comforts that will make your stay much more comfortable and convenient. They are also great for longer stays as you will be able to make yourself at home, preparing your own meals and having a private spot to relax after a day of exploring.

    Many of the best vacation rentals in Lisbon are owned by locals. As well as having a beautiful place to stay, you’ll be able to get advice about exploring Lisbon and all the things you MUST see and do. Typically, these rentals are located in historic buildings with high ceilings, large double doors with shutters, and wooden floors.

    What to Look For in a Vacation Rental in Lisbon

    Aside from the obvious things like private bedrooms, bathrooms, and a fully equipped kitchen, there are a couple more great facilities you can find in vacation rentals in Lisbon.

    To make the most of the space and city views, many of the best homes and apartments have balconies or rooftop terraces to maximize sunlight and outdoor space. I highly recommend finding a spot with a balcony overlooking the city, you’ll be able to enjoy a cool breeze in summer months and beautiful sunset views.

    Portugal is a super popular destination for road trips! However, Lisbon is a densely populated city with lots of traffic and parking issues. Finding a parking spot for a car can be tricky, so if you are visiting with a vehicle, make sure you find a place to stay with private parking.

    Since many buildings in the city are more than a hundred years old, many don’t have elevators to help lug your bags into your apartment. Those with a heavy load, traveling with young children or a wheelchair, or just don’t enjoy walking up flights of stairs in the heat of the day, do your research and book a vacation rental in an apartment block with an elevator.

    Most of Lisbon’s top vacation rentals can be found on Airbnb. However, there are also a bunch posted on Booking.com and VRBO! Make sure to filter your search to include only entire apartments and homes to suit you.

    The Top 15 Vacation Rentals in Lisbon

    That’s the basics covered. Now it’s time to dive into the 15 best vacation rentals in Lisbon.

    From historic Portuguese mansions to basic studio apartments, we have covered them all!

    Overall Best Value Vacation Rental in Lisbon | Mezzanine Flat and a Parking Spot

    Belém Mezzanine Flat Lisbon
    • $$
    • Designed with upcycled furnishings and decor
    • 4 Guests
    • Short walk to the Belem Tower and Botanical Gardens

    Located in the trendy Belem district, this chic loft apartment has been designed with really cool upcycle-inspired interiors. With a central location between the gardens, historical monuments, markets, and museums, it is one of the best value-for-money vacation rentals in Lisbon.

    Places to Visit Nearby:

    • Jeronimos Monastery
    • Botanical Gardens
    • Belem Tower

    Ideally located in the heart of Belem, one of Lisbon’s most trendy, up-and-coming neighborhoods, this loft apartment is set across 2 levels with space for 4 guests. Decorated with a unique upcycled interior, the loft is just a short walk from the Belem Monastery, Belem Tower, vintage markets, gardens and parks, and tons of museums. 

    A stylish and contemporary home, it has a spacious open-concept living area with a workspace and clever storage solutions to make the most of the small space.

    Best Budget Vacation Rental in Lisbon | Spacious Apartment with Sun Room and Balcony

    Damasceno Apartment Lisbon
    • $
    • Spacious living area with a sun terrace and open balcony
    • 3 Guests
    • In Anjos, between the Intendente and Graca neighborhoods

    A vacation rental in Lisbon on a budget doesn’t need to be small, dingy and unattractive. This spot is incredibly well located in central Lisbon, but it’s also beautifully decorated with contemporary interiors.

    Set in a retro apartment block, the condo has high ceilings, spacious rooms, and plenty of windows for tons of natural light.

    The rental has an enclosed sunroom, as well as a balcony overlooking the bustling street below. With two full bedrooms, the home can comfortably fit 3 guests. You can share the cost with friends for a super cozy and relaxed getaway.

    Best Vacation Rental for Couples in Lisbon | Cozy Cottage with Patio

    Cozy 1-Bed Cottage with Patio Lisbon
    • $$
    • Restored artisan cottage with a full kitchen and sunny patio
    • 3 Guests
    • Across the street from Mosteiro do Sao Vicente de Fora

    Lisbon is an exceptional destination to visit with your loved one. What better way to experience the city than by staying in a quaint restored cottage in the historic center?

    Surrounded by a shared outdoor patio and pristine courtyard, the cottage is hidden away in a peaceful oasis in the city center.

    Fully furnished with modern amenities, the home has minimalistic mid-century-inspired interiors with everything you need to feel at home.

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    Best Vacation Rental for a Group of Friends in Lisbon | Holiday Home with Garden and Terrace

    Casa das Boganvilias Lisbon
    • $$
    • Laundry facilities, free parking and a garden
    • 6 Guests
    • In Northeast Lisbon

    Lisbon’s city center is made up of many low-rise apartment blocks, one after the other. It’s not very often you find a spacious two-bedroom, fully-detached home with a garden in the heart of the city. 

    Located in a residential neighborhood, this vacation rental in Lisbon has a beautiful modern living space, with a wood-burning fireplace. Opening up onto a terrace and a lush garden, it is a perfect summer hideaway.

    Suitable for remote workers or a group of friends, you can tend to emails in the private office space before joining your friends for dinner in the garden. The home also has a free parking spot, which is extremely valuable in the city.

    Over-the-Top Luxury Vacation Rental in Lisbon | Historic Apartment

    Historic 3-Bed Apartment with Classical Interiors Lisbon
    • $$$$
    • 18th Century-reclaimed wood accents and vintage furnishings
    • 6 Guests
    • In the Alfama, Castle District

    The stunning 18th-century reclaimed front door, and wooden accents throughout the space are just a few of the many highlights of this lavish apartment.

    Completely refurbished with a blend of modern and vintage furniture, the home is fitted with only top-of-the-range interiors.

    Traditional Portuguese painted tiles line the walls, beside bespoke art pieces and antique furniture. With 3 bedrooms and a sleeper couch, the home can sleep a maximum of 8 guests, but is more comfortable for 6.

    Best Vacation Rental for Families Visiting Lisbon | Central 6-Bed House

    ALTIDO Big 6BR house with terrace in Santa Catarina Lisbon
    • $$$
    • Huge home with a spacious open-concept
    • 12 Guests
    • In the Santa Catarina neighborhood near Bairro Alto

    This spacious vacation rental in Lisbon has 6 private bedrooms, with a shared living area and fully equipped kitchen, ideal for families or large groups of friends.

    Located in the Santa Catarina neighborhood overlooking the city, the home is a cozy and comfortable space designed with warm wooden accents, neutral tones, and minimalistic decorations.

    Aside from the luxe bedrooms and 7 bathrooms, this unique accommodation in Lisbon features a spacious indoor/outdoor terrace with city and river views.

    Best Vacation Rental in Lisbon for Backpackers | Sant Jordi Hostels Lisbon

    Sant Jordi Hostels Lisbon
    • $
    • Dorm rooms for 4 to 10 guests
    • 1 Guest
    • Between the Anjos and Graca neighborhoods in the heart of the city

    If you are backpacking Portugal, you are probably looking for somewhere affordable to keep your budget happy. Sant Jordi Hostel in Lisbon was designed for the modern traveler looking to combine work with adventure.

    Unlike regular ol’ hostels, this contemporary property is set in an elegant 20th-century building with high ceilings, local art, and decorative chandeliers. 

    You can choose from private suites or a bunk bed in a shared dorm room, ranging from 4 to 10 beds. Each bunk comes equipped with a reading lamp, a plug point, and black-out curtains for ultimate privacy.

    Vacation Rental in Lisbon with the Best Views | Corner Apartment With Tagus River Views

    Deluxe 3-Bed Corner Apartment Lisbon
    • $$$$
    • 18th Century building with contemporary interiors
    • 6 Guests
    • In Chiado overlooking the Tagus River

    As a busy city you may not expect much from Lisbon in terms of views, but you would be oh so wrong. This beautiful 3-bedroom apartment has exceptional panoramic views of the city’s red terracotta roofs, River Tagus, and iconic bridge.

    It is one of the best vacation rentals in Lisbon for luxury seekers, set in a traditional Pombaline building from the 18th century. Entirely remodeled with gorgeous modern interiors that pay homage to the building’s unique history, you can still enjoy a touch of classic style while being super comfortable.

    Just a short walk from amenities, this is a top spot for a Lisbon getaway.

    Best Vacation Rental for a Weekend Trip to Lisbon | Rustic yet Modern Apartment

    Rustic City View Apartment with Loft Attic Lisbon
    • $$$
    • Sunset views from the balcony
    • 4 Guests
    • Next to the Sé de Lisboa and Baixa districts

    Ideally located near the Se de Lisboa and Baixa neighborhood, this Lisbon vacation rental is perfect for a quick weekend visit to the city. The super central apartment blends rustic and modern interiors with a clean and comfortable space, warm wooden touches and tons of natural light.

    Not only is it right in the heart of the city, it also features city skyline and river views from the balcony. Suitable for families with young kids, the apartment comes along with a crib, high chair, baby bath, and washer/dryer facilities.

    Vacation Rental in Lisbon for Long-Term Travelers | Apartment with a Balcony and River Views

    1400LX Best View in Town Lisbon
    • $$
    • Workspace and good-quality Wi-Fi
    • 6 Guests
    • Overlooking the River Tagus near the Moinhos de Santana Park

    It is incredibly tempting to have an extended trip in Lisbon, there’s just so many amazing things to do in the city! This renovated Pombaline apartment is totally affordable bae for a long-term stay.

    The beautiful 2-bedroom home has a private balcony with amazing views of the city and Tagus River. It also includes a fully-equipped kitchen, a dedicated workspace with a fast internet connection, and child-friendly amenities, including a crib and a high chair. 

    You can cuddle up to watch Netflix, Amazon Prime, and HBO, as well as take advantage of the free parking on the premises.

    Vacation Rental with the Most Epic Location in Lisbon | Holiday Home in Authentic Portuguese Building

    Tracey & Neill's Place in Principe Real Lisbon
    • $$$
    • High ceilings, large windows, and city views
    • 4 Guests
    • In Central Lisbon

    Location is everything in a city like Lisbon! The hills are steep and not kind to the unfit.

    Base yourself right in the buzz of the city center at this 2-bedroom holiday home. In a historic apartment with high ceilings, large windows with Juliette balconies and shutters, and authentic hardwood floors, it is a glimpse at how Lisboetas lived hundreds of years ago. 

    That said, the entire interior has been remodeled with a classic minimalistic style, featuring a modern kitchen fitted with state-of-the-art appliances, and a private office space.

    Most Beautiful Vacation Rental in Lisbon | Beautiful Presidential Apartment

    Beautiful Presidential Apartment
    • $$$
    • Interesting, colorful decor
    • 4 Guests
    • In the heart of Lisbon

    Not only is this home one of the most beautiful in the city, it is a super cool and unique place to stay. The presidential apartment is luxuriously styled with a mix of modern and classic styles. A perfect spot to rest and watch the world go by, there is a private balcony that looks out over the town square.

    With towering ceilings, velvet couches and 1 bedroom – and a sofa bed in the lounge space – the stunning home has everything you need for a stylish and luxe escape in the heart of the city.

    Best Vacation Rental in Lisbon for Solo Travelers | Holiday Home with Coffee Shop

    Unique Studio House
    • $$
    • Studio layout with full kitchen and living area
    • 1 Guest
    • In the heart of the city between Bairro Alto and Principe Real

    If you are exploring solo you are often pointed towards hostels and budget shared accommodations, but that isn’t everyone’s cup of tea. This private studio apartment is the perfect combination between privacy, comfort, and affordability. 

    The home is well located between two popular neighborhoods, and is close to public transport stations for getting out and about. It has 1 bedroom, a fully equipped kitchen, and a private bathroom, with towels and linen all included in the nightly rate. The home also has heating and cooling, and a complimentary Wi-Fi connection.

    One of the best things about this vacation rental in Lisbon is the on-site coffee shop!

    Amazing Luxurious Vacation Rental in Lisbon | 5-Bed Mansion in the Historic Center

    Garden Mansion in Historic Centre 4 by Lisbonne Collection
    • $$$
    • Huge home with a balcony and a garden
    • 9 Guests
    • A short walk from the Miradouro de Senhora do Monte

    Golden light streams through every window in this outstanding mansion in Lisbon’s historic center. The authentic Portuguese home features high ceilings, marble and wooden floors, and double doors that open onto a lush patio shaded by bright bougainvilleas.

    It is one of the best vacation rentals in Lisbon’s center, with a private courtyard, garden space and alfresco dining space. Of course, the home has an expansive kitchen fitted with every cooking utensil you might need, as well as a formal living room with a wood-burning fire. 

    The serviced vacation rental is overflowing with Portuguese culture, and is managed by attentive local staff who will cater to your every need.

    Vacation Rental in Lisbon for Digital Nomads | 19th Century Apartment

    19th Century Apartment with Contemporary Interiors Lisbon
    • $$
    • Secluded workspace, natural light, and good-quality Wi-Fi
    • 3 Guests
    • In a residential neighborhood in Principe Real

    Lisbon is quickly becoming a digital nomad’s dream destination with a whole load of amenities on hand.

    This classic 19th-century apartment in Principe Real is a perfect spot for a nomad to set themselves up for some time in the city. Located in an upscale, tree-lined street, just a short distance from the center, the building has an impressive facade with authentic stucco decorations.

    Not only is it in a quiet neighborhood, the home has a workspace and well-working Wi-Fi for days of sitting at your laptop.

    Keep your energy up with a fresh brew using the Nespresso coffee machine, and prepare your own delicious lunch in the full kitchen. You are in for some super productive work days.

    Don’t Forget Your Lisbon Travel Insurance

    ALWAYS sort out your backpacker insurance before your trip. There’s plenty to choose from in that department, but a good place to start is Safety Wing.

    They offer month-to-month payments, no lock-in contracts, and require absolutely no itineraries: that’s the exact kind of insurance long-term travellers and digital nomads need.

    SafetyWing is cheap, easy, and admin-free: just sign up lickety-split so you can get back to it!

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    Final Thoughts on Vacation Rentals in Lisbon

    Lisbon is one of the most sought-after cities in Europe for both tourists and long-term visitors.

    You can start your days exploring some of Portugal’s most iconic monasteries and churches, before settling into a shaded leafy plaza to enjoy a traditional meal. Finish your day sipping cocktails at one of Lisbon’s famous rooftop bars, overlooking exquisite views of the terracotta-roofed city as the sun sets. 

    Staying in a vacation rental in Lisbon is one of the best ways to experience a taste of local life in the city. Not only will you have access to a living area and full kitchen, but these spots typically have much more value for money when compared to a hotel.

    If you’re visiting from abroad, do yourself a favor and organize comprehensive travel insurance. Although Lisbon is considered relatively safe, let us not leave room for error and rather be prepared for the worst.