Gross rental yields in Estonia: Tallinn, Tartu and Pärnu
The average gross rental yield in Estonia stands at 4.23% (2025, Q2). Previously, in Q2 2024, the average rental yield was 4.51%.
Cities compared
- Tallinn
- Tartu
- Pärnu
Historical rental yields in Estonia
View the full rental yield dataset (2022 - Present)
| Last Updated: Apr. 15, 2025 Next Update: October 2025 |
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| TALLINN (combined) - Apartments | COST (€) | YIELD (p.a.) | |
| TO BUY | MONTHLY RENT | ||
| Tallinn (combined) | |||
| Studio | €99,000 | €393 | 4.76% |
| 1-Bedroom | €174,900 | €600 | 4.12% |
| 2-Bedroom | €249,800 | €840 | 4.04% |
| 3+Bedroom | €380,000 | €1,500 | 4.74% |
| Tallinn (combined) avg. rental yields | 4.41% | ||
| TALLINN - Apartments | COST (€) | YIELD (p.a.) | |
| TO BUY | MONTHLY RENT | ||
| City Center | |||
| Studio | €135,000 | €420 | 3.73% |
| 1-Bedroom | €209,950 | €650 | 3.72% |
| 2-Bedroom | €314,900 | €940 | 3.58% |
| 3+Bedroom | €474,400 | €1,550 | 3.92% |
| Põhja-Tallinn | |||
| Studio | €89,900 | €330 | 4.40% |
| 1-Bedroom | €172,700 | €578 | 4.02% |
| 2-Bedroom | €321,300 | €945 | 3.53% |
| Mustamäe | |||
| Studio | €88,000 | €419 | 5.71% |
| 1-Bedroom | €125,000 | €521 | 5.00% |
| 2-Bedroom | €155,000 | €650 | 5.03% |
| Tallinn apartments avg. rental yields | 4.26% | ||
| TARTU - Apartments | COST (€) | YIELD (p.a.) | |
| TO BUY | MONTHLY RENT | ||
| Tartu (all locations) | |||
| Studio | €76,400 | €320 | 5.03% |
| 1-Bedroom | €142,308 | €470 | 3.96% |
| 2-Bedroom | €178,900 | €600 | 4.02% |
| Tartu avg. rental yields | 4.34% | ||
| PÄRNU - Apartments | COST (€) | YIELD (p.a.) | |
| TO BUY | MONTHLY RENT | ||
| Pärnu (all locations) | |||
| Studio | €85,900 | €310 | 4.33% |
| 1-Bedroom | €134,500 | €400 | 3.57% |
| Pärnu avg. rental yields | 3.95% | ||
| 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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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.