Rents in Latvia compared to Europe

This comparison presents the median monthly rental prices for a 1-bedroom apartment in the most expensive regions of capital cities or major urban centers, based on our in-house research.

Switzerland, Geneva € 4,122
France, Paris € 3,564
Finland, Helsinki € 2,820
Italy, Milan € 2,225
Denmark, Copenhagen € 2,071
Luxembourg € 1,800
Germany, Berlin € 1,702
Portugal, Lisbon € 1,578
Ireland, Dublin € 1,563
Greece, Athens € 1,550
Malta, Valleta € 1,540
Poland, Warsaw € 1,535
Netherlands, Amsterdam € 1,484
Belgium, Brussels € 1,445
Hungary, Budapest € 1,319
Spain, Madrid € 1,300
Lithuania, Vilnius € 1,166
Latvia, Riga € 1,132
Austria, Vienna € 1,090
Montenegro, Coastal Areas € 1,055
Czech Republic, Prague € 1,050
Norway, Oslo € 894
Slovakia, Bratislava € 800
Slovenia, Ljubljana € 775
Turkey, Istanbul € 746
Romania, Bucharest € 720
Estonia, Tallinn € 650
Cyprus, Nicosia € 600
Macedonia. Skopje € 565
Croatia, Zagreb € 550
Bulgaria, Sofia € 500

Latvia generates monthly average apartment prices, issued by private entities, Arco Real Estate and Ober Haus. The Central Statistical Bureau of Latvia started producing annual average house prices in 2004 but stopped in 2009. High quality general economics statistics for Latvia are published by the Bank of Latvia and the Central Statistical Bureau of Latvia.