Published: 6 August 2020

Non-subsidised rents increased most in Greater Helsinki and in Turku

The rents of non-subsidised rental dwellings increased most in the year in Greater Helsinki and in Turku in the second quarter of 2020.

The development of rents in non-subsidised rental dwellings, index 2015=100

The development of rents in non-subsidised rental dwellings, index 2015=100

In large towns, the rents of non-subsidised rental dwellings have increased most in Helsinki, Vantaa, Turku and Tampere compared to 2015. The rise in rents was lowest in Seinäjoki, Kotka, Hämeenlinna and Lahti. In Greater Helsinki, rents have risen by 8 per cent and in the rest of the country by 6 per cent from 2015.

Rents for non-subsidised rental dwellings, 2nd quarter 2020

Region Index 2015=100 Quarterly change in index, % Yearly change in index, % Number* Rent per square meter (euro/m²) Rent for new tenancies (euro/m²)
Whole country 106.7 0.3 1.3 113 161 15.0 15.9
Greater Helsinki 107.8 0.4 1.7 41 019 20.1 21.4
Rest of the country (whole country - Greater Helsinki) 106.0 0.3 1.0 72 142 12.9 13.5
Helsinki 107.7 0.4 1.7 23 284 21.3 22.8
Helsinki 1 106.3 0.3 1.5 3 015 22.9 25.3
Helsinki 2 107.9 0.4 1.8 9 372 22.4 23.7
Helsinki 3 106.0 0.3 1.2 2 854 19.8 20.0
Helsinki 4 109.7 0.5 1.8 8 043 18.6 19.3
Espoo-Kauniainen 106.9 0.5 1.7 8 153 18.1 19.1
Vantaa 109.0 0.6 1.7 9 582 18.0 18.6
Satellite municipalities 107.1 0.4 1.2 4 926 14.8 15.8
Tampere 107.8 0.4 1.6 11 464 15.2 15.6
Turku 108.4 0.5 1.7 8 224 14.3 15.5
Lahti 104.1 0.1 0.2 4 168 13.5 13.6
Kuopio 107.1 0.2 0.7 3 580 14.5 14.6
Jyväskylä 105.9 0.1 0.3 5 588 14.4 14.7
Oulu 107.0 0.4 1.5 6 497 13.2 13.5
1) * Number of observations included in the index calculation

The average rent level of non-subsidised rental dwellings is highest in Helsinki, EUR 21.3 per m² and lowest in Kouvola, EUR 10.9 per m². In new tenancies signed in the last six months, the average price of a rented square metre of a one-room flat was EUR 27.8 per m² in Helsinki, EUR 19.3 per m² in Tampere and EUR 18.8 per m² in Turku.

These data derive from Statistics Finland's quarterly statistics on rents of dwellings, which is based on data from the Social Insurance Institution housing aid register and private rental housing companies.


Source: Rents of dwellings, Statistics Finland

Inquiries: Martti Korhonen 029 551 3451, Elina Vuorio 029 551 3385, asuminen.hinnat@stat.fi

Director in charge: Mari Ylä-Jarkko

Publication in pdf-format (229.2 kB)

Tables

Tables in databases

Appendix tables

Figures

Updated 6.8.2020

Referencing instructions:

Official Statistics of Finland (OSF): Rents of dwellings [e-publication].
ISSN=1798-1018. 2nd quarter 2020. Helsinki: Statistics Finland [referred: 21.10.2020].
Access method: http://www.stat.fi/til/asvu/2020/02/asvu_2020_02_2020-08-06_tie_001_en.html