Apartment prices in Rīga

updated weekly

  • · Sold in September: 662 apartments, median 1 151 €/m² (State Land Service)
  • · For sale now: median asking price 2 683 €/m²

How much do apartments cost in Rīga? The median asking price is about €2 683/m² from 1 650 active apartments listings. The actual price depends on size, age, floor, condition and location.

€

median

2 683 €/m²

1 650 active listings

median price

172 000 €

avg

90 m²

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Prices by number of rooms

0800 000 €
Selling pace
1-room22–37 m²
80 000 €Slow
2-room41–57 m²
120 000 €Fast
3-room65–100 m²
205 000 €Fast
4-room96–154 m²
279 000 €Fast
5+ rooms148–242 m²
432 000 €Fast

Bar: the middle 50% of asking prices (25th–75th percentile) · line: median. New developments excluded.

Flat price change in Rīga

Jan €2,683/m² → Oct €2,683/m²: 0%

JanAprJulOctJanAprJulOct

FlatsHouses

Apartment price distribution in Rīga

€0–1 500277
€1 500–2 000310
€2 000–2 500266
€2 500–3 000331
€3 000–3 500227
€3 500–4 000163
€4 000+193

Most active brokers in Rīga

See the agents who sell the most apartments in Rīga →

Flat rents by rooms in Rīga

1 room€480 a month
2 rooms€715 a month
3 rooms€1,200 a month
4 rooms€2,075 a month
5+ rooms€2,765 a month

Bar: half of the listings fall in this range.

See also

All property prices in Rīga →

See the Latvian property-market overview →

Guides

For sellers

How to value your homeHow to find the realistic market value of your apartment or house in Latvia: registered sale prices and asking prices, the factors that move the price, cadastral value and property tax, and an agent’s or valuer’s opinion.How to sell an apartment in Latvia, step by stepSelling an apartment in Latvia step by step: documents, price, listings on ss.lv and city24.lv, earnest money, the purchase contract, the notary, the Land Register and handover.The costs and tax of selling an apartment in LatviaWhat selling an apartment in Latvia costs: the agent's commission and VAT, the notary, the Land Register state duty, repaying the loan and 25.5% personal income tax. With a calculator.What is a property valuation report and when do you need oneA property valuation report is a certified valuer’s document on a property’s market value. When a bank requires one in Latvia, what it costs, how long it holds and how to check a valuer in the LĪVA register.

For buyers

What to check when buying an apartment in LatviaA buyer's checklist for Latvia: the building and its manager, the reserve fund, the building file in BIS, the flat itself, the Land Register, the manager's statement of debts, divided ownership and the energy certificate.How to negotiate the property price in LatviaHow to make a well-grounded offer and negotiate a flat price in Latvia: asking prices against registered deal prices, leverage, a written offer, earnest money (rokasnauda) and the Land Register check.First-time home buyer's guide in LatviaA guide for first-time buyers in Latvia: budget and down payment, the ALTUM guarantee, bank pre-approval, searching on ss.lv and city24.lv, checking the Land Register, earnest money, the contract, the notary and the Land Register entry.

Other property types

House pricesPlot prices

FAQ

How much do apartments cost in Rīga?
The median asking price is about €2 683/m² (1 650 active listings). It varies by size, age, floor and condition.
Are these asking prices or transaction prices?
Asking prices of active listings (what sellers ask), not registered transaction prices — a good read on the current market, though the final sale price can differ.
How do I get an exact valuation?
Enter your address above — we show an instant estimate from comparable listings and the most active agents nearby, who give a free, exact valuation of your specific property.