Property

Latvia — Property: Rental Market

Eurostat shows actual rents in Latvia up 7.3% year on year in December 2025.

Why this matters

Understanding the rental market is crucial for relocating individuals to find suitable and affordable accommodation quickly.

Key facts

  • Eurostat HICP actual rentals for housing (CP041) rose 7.3% year on year in December 2025, versus 6.6% in November and 6.7% in October 2025.
  • House prices (Eurostat HPI, all dwellings) changed 7.6% in 2025, 4.2% in 2024 and 3.7% in 2023 on an annual-average basis.
  • The 2015 = 100 house price index stood at 214.05 in 2025, indicating the level of purchase prices relative to 2015.
  • HICP actual rentals measure rents paid by tenants renting from private landlords and are a national average rather than a city figure.
  • Rent levels (absolute prices) are not published in this indicator; use it to gauge direction of rent inflation only.

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