Rīga property prices and rental yields

Area of Latvia

Home prices in Rīga rose 6.3% a year on average from 2016 to 2025, the 5th fastest of 5 areas in Latvia. Local rents are not published, so Latvia's rental yield of 8.8% is shown. A square metre cost €1,157 in 2025 (22% above the Latvia level of €945).

Updated 2026-10-28 · Data 2015–2026 so far

Price growth
+6.3%
a year, 2016–2025
Rental yield
8.8%
12-month lets, gross, 2016–2025 average, Latvia figure
Price per m²
€1,157
2025
Price growth in 2026 so far
+7.2%
on the same months of 2025

Price growth by year

% change on the year before

How Rīga compares

Rīga
Price growth+6.3%
Rental yield8.8%
Price per m²€1,157
Latvia
Price growth+7.9%
Rental yield8.8%
Price per m²€945

Questions

What is the average property price per m² in Rīga?

€1,157 per m² in 2025, from State Land Service (VZD).

How much have property prices risen in Rīga?

+6.3% a year on average from 2016 to 2025, and +7.2% in 2026 so far.

What rental yield can you get in Rīga?

No local rent figures are published for Rīga; Latvia's average gross yield was 8.8% in 2016–2025.

Sources

How it's calculated

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