Published: 9 May 2019

Non-subsidised rents increased most in Turku

Among large cities, the rents of non-subsidised rental dwellings increased most in Turku year-on-year in the first quarter of 2019. In the Greater Helsinki Area, the rents of non-subsidised dwellings increased slightly faster than elsewhere in the country.

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 cities, the rents of non-subsidised rental dwellings have increased most in Vantaa and Turku compared to 2015. In Greater Helsinki, rents have risen by 5.4 per cent and in the rest of the country by 4.7 per cent.

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, 1st quarter 2019

Region Index 2015=100 Quarterly change in index, % Yearly change in index, % Number* 1) Rent per square meter eur/m² Rent for new tenancies eur/m²
Whole country 105,0 0,4 0,9 124 597 14,6 15,6
Greater Helsinki 105,4 0,6 1,0 42 058 19,0 20,3
Rest of the country (whole country - Greater Helsinki) 104,7 0,4 0,9 82 539 12,7 13,4
Helsinki 105,3 0,5 1,0 24 355 20,2 22,0
Helsinki 1 104,4 0,4 1,2 3 227 22,1 24,8
Helsinki 2 105,3 0,4 1,0 9 748 21,3 22,7
Helsinki 3 104,0 0,6 0,8 3 025 19,0 20,4
Helsinki 4 107,1 0,8 1,0 8 355 17,8 19,2
Espoo-Kauniainen 104,5 0,5 0,9 8 248 17,0 18,3
Vantaa 106,5 0,8 1,2 9 455 17,0 17,8
Kehyskunnat 105,5 0,7 0,9 5 472 14,4 15,4
Tampere 105,6 0,6 1,1 12 191 14,6 15,4
Turku 106,2 0,4 1,4 9 072 13,6 14,6
Lahti 103,5 0,4 0,3 4 543 13,2 13,7
Kuopio 106,1 0,4 1,1 4 080 14,2 14,5
Jyväskylä 105,4 0,3 0,7 6 125 13,9 14,4
Oulu 105,0 0,6 0,9 7 334 12,7 13,3
1) *Number of observations included in the index calculation.

The average rent level of non-subsidised rental dwellings is still highest in Helsinki. In Helsinki, the average rent per square meter (EUR 20.2 per/m²) is around EUR 6 higher than the average rent level in Tampere. In new tenancies signed in the last six months in Helsinki, the average price of a rented square meter was EUR 22.0 per m², in Tampere EUR 15.4 per m², and in Turku it was EUR 14.6 per m².

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, Heidi Lauttamäki 029 551 3029, asuminen.hinnat@stat.fi

Director in charge: Mari Ylä-Jarkko

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Updated 9.5.2019

Referencing instructions:

Official Statistics of Finland (OSF): Rents of dwellings [e-publication].
ISSN=1798-1018. 1st quarter 2019. Helsinki: Statistics Finland [referred: 19.6.2019].
Access method: http://www.stat.fi/til/asvu/2019/01/asvu_2019_01_2019-05-09_tie_001_en.html