Property Prices in Latvia

Index Info
Price to Income Ratio: 8.19
Mortgage as Percentage of Income: 59.81%
Loan Affordability Index: 1.67
Price to Rent Ratio - City Centre: 26.41
Price to Rent Ratio - Outside of Centre: 24.44
Gross Rental Yield (City Centre): 3.79%
Gross Rental Yield (Outside of Centre): 4.09%
Rent Per Month
Edit Range
1 Bedroom Apartment in City Centre €357.66 220.00-572.00
1 Bedroom Apartment Outside of City Centre €263.55 180.00-450.00
3 Bedroom Apartment in City Centre €785.88 400.00-1,300.00
3 Bedroom Apartment Outside of City Centre €525.41 300.00-1,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre €210.47 111.48-278.71
Price per Square Feet to Buy Apartment Outside of Centre €136.89 74.32-232.26
Salaries And Financing
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Average Monthly Net Salary (After Tax) €1,141.32
Annual Mortgage Interest Rate (20-Year Fixed, in %) 4.05 2.52-5.40

These data are based on 358 entries from 52 contributors over the past 18 months.
Last update: 9 May 2026
Our data for each country are based on all entries from all cities in that country.

Sources and References
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