Published: 21 January 2021

Non-subsidised rents increased most in Turku

The rents of non-subsidised rental dwellings increased most in the year in Turku (1,6%), in Kerava (1,5%), in Espoo (1,4%), Vantaa (1,4%) and in Porvoo (1,4%) in the last quarter of 2020.

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, Tampere and Helsinki compared to 2015. The rise in rents was lowest in Seinäjoki, Riihimäki, Hämeenlinna, Kotka and Lahti. In Greater Helsinki, rents have risen just over 8 per cent and in the rest of the country by 6,3 per cent from 2015.

Rents for non-subsidised rental dwellings, 4th quarter 2020

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 107.0 0.2 1.0 107 061 15.1 16.0
Greater Helsinki 108.1 0.2 1.3 39 318 20.3 21.5
Rest of the country (whole country - Greater Helsinki) 106.3 0.1 0.8 67 743 13.0 13.7
Helsinki 108.1 0.2 1.2 21 968 21.5 23.0
Helsinki 1 106.4 0.2 0.8 2 784 23.0 25.2
Helsinki 2 108.3 0.3 1.3 8 661 22.6 23.8
Helsinki 3 106.6 0.2 1.1 2 673 20.1 21.5
Helsinki 4 110.1 0.1 1.4 7 850 18.8 19.8
Espoo-Kauniainen 107.4 0.1 1.4 7 933 18.3 19.3
Vantaa 109.3 0.0 1.4 9 417 18.0 18.4
Satellite municipalities 107.2 0.0 0.9 4 689 14.9 15.6
Tampere 108.2 0.2 1.2 10 974 15.4 16.0
Turku 109.2 0.4 1.6 7 937 14.5 15.4
Lahti 104.0 -0.1 0.1 3 904 13.5 13.8
Kuopio 107.2 0.0 0.5 3 328 14.5 14.7
Jyväskylä 105.9 0.0 0.2 5 297 14.5 15.1
Oulu 107.4 0.1 1.2 6 171 13.3 13.7
1) * Number of observations included in the index calculation

The average rent level of non-subsidised rental dwellings is highest in Helsinki, EUR 21.5 per m² and lowest in Kouvola, EUR 10.9 per m². In new tenancies signed in the last six months, the average price of a rented square metre of a one-room flat was EUR 27.7 per m² in Helsinki, EUR 19.4 per m² in Tampere and EUR 18.3 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 Peltoniemi 029 551 3088, asuminen.hinnat@stat.fi

Head of Department in charge: Hannele Orjala

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Updated 21.1.2021

Referencing instructions:

Official Statistics of Finland (OSF): Rents of dwellings [e-publication].
ISSN=1798-1018. 4th quarter 2020. Helsinki: Statistics Finland [referred: 15.4.2021].
Access method: http://www.stat.fi/til/asvu/2020/04/asvu_2020_04_2021-01-21_tie_001_en.html