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
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 |
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
Official Statistics of Finland (OSF):
Rents of dwellings [e-publication].
ISSN=1798-1018. 4th quarter 2019. Helsinki: Statistics Finland [referred: 19.11.2024].
Access method: http://www.stat.fi/til/asvu/2019/04/asvu_2019_04_2020-02-06_tie_001_en.html