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.

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

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.