Published: 8 November 2019
Non-subsidised rents increased most in Vantaa
Among large cities, the rents of non-subsidised rental dwellings increased most in Vantaa year-on-year in the third quarter of 2019.
The development of rents in non-subsidised rental dwellings, index 2015=100
![The development of rents in non-subsidised rental dwellings, index 2015=100](asvu_2019_03_2019-11-08_tie_001_en_001.png)
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.
Rents for non-subsidised rental dwellings, 3rd quarter 2019
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 | 105.6 | 0.3 | 1.4 | 107 790 | 14.8 | 15.8 |
Greater Helsinki | 106.3 | 0.3 | 1.7 | 38 377 | 19.2 | 20.6 |
Rest of the country (whole country - Greater Helsinki) | 105.2 | 0.2 | 1.2 | 69 413 | 12.8 | 13.8 |
Helsinki | 106.3 | 0.3 | 1.6 | 21 562 | 20.5 | 22.1 |
Helsinki 1 | 105.1 | 0.4 | 1.4 | 2 770 | 22.3 | 25.3 |
Helsinki 2 | 106.4 | 0.3 | 1.6 | 8 361 | 21.6 | 22.9 |
Helsinki 3 | 105.0 | 0.3 | 1.8 | 2 706 | 19.2 | 20.2 |
Helsinki 4 | 108.1 | 0.3 | 1.8 | 7 725 | 18.2 | 19.5 |
Espoo-Kauniainen | 105.4 | 0.4 | 1.7 | 7 774 | 17.3 | 18.6 |
Vantaa | 107.4 | 0.3 | 1.9 | 9 041 | 17.2 | 18.1 |
Satellite municipalities | 106.0 | 0.2 | 1.3 | 4 868 | 14.5 | 15.4 |
Tampere | 106.3 | 0.3 | 1.6 | 10 735 | 14.8 | 15.8 |
Turku | 107.0 | 0.3 | 1.6 | 7 668 | 13.8 | 15.0 |
Lahti | 104.0 | 0.1 | 1.0 | 3 992 | 13.2 | 13.9 |
Kuopio | 106.6 | 0.2 | 1.3 | 3 419 | 14.3 | 14.7 |
Jyväskylä | 105.6 | -0.0 | 1.1 | 5 309 | 14.1 | 15.0 |
Oulu | 105.7 | 0.2 | 1.4 | 6 352 | 12.8 | 13.5 |
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.
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 Vuorio 029 551 3385, asuminen.hinnat@stat.fi
Director in charge: Mari Ylä-Jarkko
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Updated 8.11. 2019
Official Statistics of Finland (OSF):
Rents of dwellings [e-publication].
ISSN=1798-1018. 3rd quarter 2019. Helsinki: Statistics Finland [referred: 17.8.2024].
Access method: http://www.stat.fi/til/asvu/2019/03/asvu_2019_03_2019-11-08_tie_001_en.html