Gross rental yields in Latvia: Riga and Jūrmala
The average gross rental yield in Latvia stands at 6.96% (2026, Q4). Previously, in Q2 2026, the average rental yield was 7.20%.
Cities compared
- Riga
- Jūrmala
Historical rental yields in Latvia
| RIGA - Apartments | COST (€) | YIELD (p.a.) | |
| TO BUY | MONTHLY RENT | ||
| Centrs | |||
| Studio | €90,000 | €500 | 6.67% |
| 1-Bedroom | €148,000 | €750 | 6.08% |
| 2-Bedroom | €232,000 | €1,400 | 7.24% |
| 3-Bedroom | €345,000 | €2,000 | 6.96% |
| 4+Bedroom | €488,000 | €2,600 | 6.39% |
| Agenskalns | |||
| Studio | €89,600 | €320 | 4.29% |
| 1-Bedroom | €137,100 | €500 | 4.38% |
| 2-Bedroom | €196,000 | €720 | 4.41% |
| Vecriga | |||
| 1-Bedroom | €147,800 | €750 | 6.09% |
| 2-Bedroom | €325,000 | €1,550 | 5.72% |
| 3-Bedroom | €500,000 | €2,500 | 6.00% |
| All Locations | |||
| Studio | €85,100 | €500 | 7.05% |
| 1-Bedroom | €131,000 | €730 | 6.69% |
| 2-Bedroom | €191,000 | €1,300 | 8.17% |
| 3-Bedroom | €265,000 | €1,950 | 8.83% |
| 4+Bedroom | €475,000 | €2,750 | 6.95% |
| Riga avg. Rental Yields | 7.54% | ||
| JŪRMALA - Apartments | COST (€) | YIELD (p.a.) | |
| TO BUY | MONTHLY RENT | ||
| All Locations | |||
| Studio | €44,500 | €300 | 8.09% |
| 1-Bedroom | €104,800 | €500 | 5.73% |
| 2-Bedroom | €248,000 | €1,100 | 5.32% |
| 3-Bedroom | €330,000 | €1,750 | 6.36% |
| Jūrmala avg. Rental Yields | 6.38% | ||
| 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, SS.lv, and City24 |
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View the full rental yield dataset (2024 - 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 across the largest cities in Latvia, 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.
