Friday. 24.05.2019
El tiempo

Rents in Finland increased by 1.1% over the year

In Helsinki the rents of non-subsidised rental dwellings increased by 1.5%

Rents in Finland increased by 1.1% over the year

Rents of residential dwellings increased by an average of 1.1 per cent in 2018 from the year before. Rents of non-subsidised rental dwellings increased as well in the whole country, by an average of 1.4 per cent, according to the figures published by Statistics Finland.

In Greater Helsinki the rents of non-subsidised rental dwellings increased by 1.6 per cent and in the rest of Finland by 1.3 per cent. The rents of government-subsidised rental dwellings increased by 0.6 per cent in the whole country.

Average rents development

Source: Statistics Finland

The average rent prices

The average rent per square metre of non-subsidised rental dwellings was 14.08 euros per square metre in the whole country. The average rent per square metre for non-subsidised rental dwellings was 18.66 euros per square metre in Greater Helsinki and 11.85 euros per square metre in the rest of Finland.

The average rent per square metre of government-subsidised rental dwellings was 11.60 euros per square metre in the whole country. In Greater Helsinki it stood at 12.84 euros and in the rest of Finland at 10.96 euros per square metre.

In Helsinki the rents of non-subsidised rental dwellings increased by 1.5 per cent; in Espoo,by 1.3 and in Vantaa by 2.9 per cent. In Tampere rents increased by 1.4; in Jyväskylä by 1.5 per cent; in Lahti by 1.1 per cent. In Turku rents increased by 1.6 per cent; in Oulu by 1.5 per cent and in Kuopio by 1.5 per cent.

These data derive from Statistics Finland’s annual statistics on the rents of dwellings. The statistics are based on interview data collected in connection with the Labour Force Survey and data obtained from the Social Security Institution’s housing register. Statistics on rents of dwellings include some 320,000 rental dwellings.

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