Rents in Latvia compared to Europe

This is a comparison of median monthly rental prices in the most expensive region of the capital/most important city for a 1-bedroom apartment. The numbers are based on our in-house research.

Italy, Milan € 2,875
Switzerland, Zurich € 2,623
France, Paris € 1,900
Denmark, Copenhagen € 1,875
Luxembourg € 1,800
Netherlands, Amsterdam € 1,800
Ireland, Dublin € 1,570
Sweden, Stockholm € 1,540
Spain, Madrid € 1,500
Portugal, Lisbon € 1,500
Finland, Helsinki € 1,320
Czech Republic, Prague € 1,260
Belgium, Brussels € 1,100
Austria, Vienna € 1,090
Poland, Warsaw € 1,010
Greece, Athens € 950
Malta, Valletta € 900
Norway, Oslo € 895
Slovakia, Bratislava € 800
Lithuania, Vilnius € 800
Slovenia, Ljubljana € 775
Germany, Berlin € 760
Hungary, Budapest € 675
Estonia, Tallinn € 650
Romania, Bucharest € 600
Cyprus, Nicosia € 600
Turkey, Istanbul € 565
Croatia, Zagreb € 550
Latvia, Riga € 500
Bulgaria, Sofia € 500
Montenegro, Podgorica € 350
Macedonia, Skopje € 280

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.