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.

Macedonia, Skopje € 250
Montenegro, Podgorica € 350
Bulgaria, Sofia € 500
Latvia, Riga € 500
Croatia, Zagreb € 550
Cyprus, Nicosia € 600
Estonia, Tallinn € 650
Hungary, Budapest € 676
Romania, Bucharest € 720
Turkey, Istanbul € 764
Slovakia, Bratislava € 800
Lithuania, Vilnius € 800
Norway, Oslo € 894
Malta, Valletta € 900
Greece, Athens € 950
Poland, Warsaw € 1,040
Austria, Vienna € 1,050
Slovenia, Ljubljana € 1,100
Belgium, Brussels € 1,120
Czech Republic, Prague € 1,258
Finland, Helsinki € 1,320
Luxembourg € 1,400
Germany, Berlin € 1,400
Portugal, Lisbon € 1,500
Sweden, Stockholm € 1,588
Ireland, Dublin € 1,676
Denmark, Copenhagen € 1,677
Iceland € 1,744
Spain, Madrid € 1,875
France, Paris € 2,000
Netherlands, Amsterdam € 2,000
Switzerland, Zurich € 2,313
Italy, Milan € 3,000

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.