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Published: 6 February 2020

Non-subsidised rents increased most in Greater Helsinki

The rents of non-subsidised rental dwellings increased most in the year in Greater Helsinki in the last quarter of 2019.

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 Vantaa, Turku and Tampere compared to 2015. In regional centres, rents have risen over the same period most in Mikkeli, Rovaniemi and Kuopio. In Greater Helsinki, rents have risen by 6.8 per cent and in the rest of the country by 5.5 per cent from 2015.

Compared to the year 2015 rents have risen almost everywhere, but the annual increase in rents has slowed down in recent years across the country.

Rents for non-subsidised rental dwellings, 4th quarter 2019

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 106.0 0.3 1.4 105 343 15.2 16.0
Greater Helsinki 106.8 0.4 1.9 37 409 19.8 21.2
Rest of the country (whole country - Greater Helsinki) 105.5 0.3 1.1 67 934 13.1 13.9
Helsinki 106.8 0.5 1.9 21 002 21.0 22.7
Helsinki 1 105.6 0.4 1.5 2 700 23.0 25.4
Helsinki 2 106.9 0.5 2.0 8 127 22.2 23.9
Helsinki 3 105.3 0.3 1.9 2 636 19.8 20.3
Helsinki 4 108.6 0.4 2.2 7 539 18.4 19.6
Espoo-Kauniainen 105.8 0.4 1.8 7 651 17.8 19.0
Vantaa 107.8 0.4 2.0 8 756 17.6 18.6
Satellite municipalities 106.3 0.2 1.4 4 726 14.6 15.1
Tampere 106.9 0.5 1.8 10 714 15.1 15.9
Turku 107.4 0.4 1.6 7 604 14.2 15.3
Lahti 104.0 -0.0 0.8 3 872 13.5 13.9
Kuopio 106.7 0.2 1.0 3 446 14.5 14.8
Jyväskylä 105.7 0.1 0.6 5 231 14.3 15.3
Oulu 106.2 0.5 1.7 6 182 13.1 13.5
1) * Number of observations included in the index calculation

The average rent level of non-subsidised rental dwellings is still highest in Helsinki, EUR 21.0 per m². In new tenancies signed in the last six months, the average price of a rented square meter was EUR 22.7 per m² in Helsinki, EUR 15.9 per m² in Tampere, and EUR 15.3 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

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Updated 6.2.2020

Referencing instructions:

Official Statistics of Finland (OSF): Rents of dwellings [e-publication].
ISSN=1798-1018. 4th quarter 2019. Helsinki: Statistics Finland [referred: 19.12.2024].
Access method: http://www.stat.fi/til/asvu/2019/04/asvu_2019_04_2020-02-06_tie_001_en.html