Gross rental yields in Estonia: Tallinn, Tartu and Pärnu
The average gross rental yield in Estonia stands at 4.11% (2026, Q4). Previously, in Q2 2026, the average rental yield was 4.19%.
Cities compared
- Tallinn
- Tartu
- Pärnu
Historical rental yields in Estonia
| TALLINN - Apartments | COST (€) | YIELD (p.a.) | |
| TO BUY | MONTHLY RENT | ||
| City Center | |||
| Studio | €140,000 | €450 | 3.86% |
| 1-Bedroom | €234,000 | €700 | 3.59% |
| 2-Bedroom | €320,000 | €1,100 | 4.13% |
| 3+Bedroom | €499,000 | €1,600 | 3.85% |
| Põhja-Tallinn | |||
| Studio | €110,000 | €400 | 4.36% |
| 1-Bedroom | €215,000 | €630 | 3.52% |
| 2-Bedroom | €459,000 | €945 | 2.47% |
| Mustamäe | |||
| Studio | €90,000 | €430 | 5.73% |
| 1-Bedroom | €130,000 | €570 | 5.26% |
| 2-Bedroom | €159,000 | €650 | 4.91% |
| Tallinn (all locations) | |||
| Studio | €111,000 | €440 | 4.76% |
| 1-Bedroom | €203,000 | €650 | 3.84% |
| 2-Bedroom | €280,000 | €950 | 4.07% |
| 3+Bedroom | €450,000 | €1,600 | 4.27% |
| Tallinn avg. rental yields | 4.23% | ||
| TARTU - Apartments | COST (€) | YIELD (p.a.) | |
| TO BUY | MONTHLY RENT | ||
| Tartu (all locations) | |||
| Studio | €89,000 | €350 | 4.72% |
| 1-Bedroom | €150,000 | €520 | 4.16% |
| 2-Bedroom | €205,000 | €690 | 4.04% |
| 3+Bedroom | €262,000 | €900 | 4.12% |
| Tartu avg. rental yields | 4.26% | ||
| PÄRNU - Apartments | COST (€) | YIELD (p.a.) | |
| TO BUY | MONTHLY RENT | ||
| Pärnu (all locations) | |||
| Studio | €84,000 | €310 | 4.43% |
| 1-Bedroom | €130,000 | €400 | 3.69% |
| 2-Bedroom | €199,000 | €560 | 3.38% |
| Pärnu avg. rental yields | 3.83% | ||
| All yields are gross - i.e., before taxes, repair costs, ground rents, estate agents' fees, and any other costs. Net yields (what you'll really earn) are typically around 1.5% to 2% lower. Source: Global Property Guide and kv.ee |
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View the full rental yield dataset (2022 - Present)
Research Methodology:
Our rental yield analysis is conducted biannually to ensure up-to-date insights. We assess 1-bedroom, 2-bedroom, and 3-bedroom properties across the largest cities in Estonia, comparing median rental prices with median purchase prices to determine gross rental yields.
We source data from a leading local property platform, capturing both asking rents and list prices to reflect current market conditions. The gross rental yield is calculated using the following formula:
(Median Monthly Rent × 12) ÷ Median Purchase Price × 100
For example, if the median monthly rent is €500 and the median purchase price is €100,000, the yield is calculated as:
(€500 × 12) ÷ €100,000 = 6% Gross Rental Yield
Note: NET yields vary from country to country but are usually 1.5-2% lower.
