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.

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

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.