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Non-subsidised house rents increase most in Vantaa

Published : 09 Nov 2019, 01:11

  DF Report

Photo Visit Finland by Aku Pöllänen.

Among large cities, the rents of non-subsidised rental dwellings increased most in Vantaa year-on-year in the third quarter of 2019, according to Statistics Finland.

In large cities, the rents of non-subsidised rental dwellings have increased most in Vantaa, Turku and Kuopio compared to 2015.

Rent for market financed dwellings have increased least in Seinäjoki, Hämeenlinna and Kotka. In Greater Helsinki, rents have risen by 6.3 per cent and in the rest of the country by 5.2 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.

The average rent level of non-subsidised rental dwellings is still highest in Helsinki, EUR 20.5 per m². In new tenancies signed in the last six months the average price of a rented square meter was EUR 22.1 per m² in Helsinki, EUR 15.8 per m² in Tampere, and EUR 15.0 per m² in Turku.