The average rent for non-subsidized housing in Finland amounted to ***** euros per square meter in 2023. Helsinki was the city with the highest monthly rent, totaling over ** euros per square meter. In the rest of the country, the average stood under ** euros per square meter.

Helsinki was the most expensive city to buy an apartment in Finland, with an average square meter price of ***** euros. In Lahti, the most affordable city, the price was ***** euros per square meter. According to a January 2023 forecast, house prices in Finland are set to increase in 2024.

This statistic shows the average rent price of residential property in Finland from the third quarter 2016 to the third quarter 2019 (in euros per square meter). In the third quarter of 2019, the average rent in Finland was approximately ***** euros per square meter. This was an increase when compared to the same period in the previous year. The European housing, or residential real estate market, has recently shown clear signs of recovery, with an increasing house price being the main trend.

Housing Index in Finland decreased to 99.56 points in the first quarter of 2025 from 100.59 points in the fourth quarter of 2024. This dataset provides - Finland House Price Index - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Finland - Median of the housing cost burden distribution: Below 60% of median equivalised income was 22.80% in December of 2024, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Finland - Median of the housing cost burden distribution: Below 60% of median equivalised income - last updated from the EUROSTAT on July of 2025. Historically, Finland - Median of the housing cost burden distribution: Below 60% of median equivalised income reached a record high of 25.00% in December of 2023 and a record low of 21.50% in December of 2020.

Graph and download economic data for Real Residential Property Prices for Finland (QFIR628BIS) from Q1 1970 to Q1 2025 about Finland, residential, HPI, housing, real, price index, indexes, and price.

Finland - Median of the housing cost burden distribution: Cities was 17.60% in December of 2024, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Finland - Median of the housing cost burden distribution: Cities - last updated from the EUROSTAT on July of 2025. Historically, Finland - Median of the housing cost burden distribution: Cities reached a record high of 17.60% in December of 2024 and a record low of 13.60% in December of 2019.

Finland's house prices grew by about **** percent in 2021, but according to the forecast the growth is expected to slow down in the following years. In 2023, the average house price is forecast to decrease by **** percent and in 2024, the trend is to reverse, with an annual growth of ***** percent. The average square meter price of apartments in Finland's largest cities ranged between ***** euros and ***** euros in 2022.

Finland - Median of the housing cost burden distribution: Males was 14.70% in December of 2024, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Finland - Median of the housing cost burden distribution: Males - last updated from the EUROSTAT on July of 2025. Historically, Finland - Median of the housing cost burden distribution: Males reached a record high of 14.70% in December of 2024 and a record low of 11.20% in December of 2020.

The prime rent for office real estate in Helsinki, Finland, declined in the second quarter of 2023. From about ** euros per square meter per month as December 2022, the cost of prime office space fell to ** euros per square meter.

The United Kingdom (UK) is the most expensive European country for annual costs of prime industrial rent. The annual rent for industrial space in London Heathrow in the first quarter of 2025 cost 247.4 euros per square meter. Switzerland, Norway, Ireland, Finland, and Luxembourg were the other European countries where the average annual cost of industrial prime rents in the capital city exceeded one hundred euros per square meter.

Finland - Median of the housing cost burden distribution: Rural areas was 12.90% in December of 2024, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Finland - Median of the housing cost burden distribution: Rural areas - last updated from the EUROSTAT on July of 2025. Historically, Finland - Median of the housing cost burden distribution: Rural areas reached a record high of 12.90% in December of 2024 and a record low of 9.90% in December of 2018.

The highest annual prime rents for industrial properties in Finland as of the third quarter of 2019 was in Helsinki. The average rent for a prime location in the capital city reached 111 euros per square meter during this period. Turku and Tampere followed, with the same average price of 99 euros per square meter.

Finland - Median of the housing cost burden distribution: Less than 18 years was 14.70% in December of 2024, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Finland - Median of the housing cost burden distribution: Less than 18 years - last updated from the EUROSTAT on July of 2025. Historically, Finland - Median of the housing cost burden distribution: Less than 18 years reached a record high of 14.70% in December of 2024 and a record low of 9.80% in December of 2019.

In 2023, the most expensive residential rental market in Europe was London (inner) with rental costs of approximately **** euros per square meter. Dublin and Paris followed with rental costs of **** and **** euros per square meter. Rents increased across most markets - a trend that could also be observed in the housing market. How much does an apartment cost in different European cities? Renting a furnished studio apartment in some of the leading cities in Europe can cost anywhere between *** euros monthly (Budapest) and ***** euros (Amsterdam) per month. For afurnished one-bedroom apartment in Paris, France, one may be expected to pay on average ***** euros monthly. Which countries have the most affordable housing? The house price to rent ratio is an indicator of the affordability of owning housing over renting across European countries and is calculated as the nominal house prices divided by a rent price index. The higher the ratio, the more the gap between house prices and rental rates has widened since 2015 when the index base was 100. As of the fourth quarter of 2021, Finland, Italy, and Belgium had the lowest house price to rent ratio, meaning that buying a house was most affordable there compared to renting.

Finland - Median of the housing cost burden distribution: Females was 15.60% in December of 2024, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Finland - Median of the housing cost burden distribution: Females - last updated from the EUROSTAT on August of 2025. Historically, Finland - Median of the housing cost burden distribution: Females reached a record high of 15.60% in December of 2024 and a record low of 11.80% in December of 2020.

Oslo was the Norwegian city with the highest rental prices in the country in 2024. Renting an apartment in the Norwegian capital cost nearly ****** Norwegian kroner per month on average, whereas Bergen ranked second, with an average monthly rent of ****** Norwegian kroner. The average price of residential housings in Norway was also highest in Oslo. The Nordic market Not only was Oslo the city with the highest rents in Norway, but also in the Nordic region. The capital cities of Denmark (Copenhagen) and Finland (Helsinki) ranked second and third respectively, whereas Stockholm ranked last within a list of ** Nordic cities. In contrast, Stockholm was the most expensive city to buy an apartment in. Homeownership in Norway The high renting prices in the Norwegian capital could be explained by the renting market trends in the country. The homeownership rate fluctuated over the past decade, but overall decreased, reaching its lowest rate so far in 2020.

In 2023, the average buy-vs-rent ratio in Europe was ***. The highest ratios were in Austria at *** and Germany at ***, indicating that it was more than twice as expensive to buy than to rent in these markets. The lowest ratios were found in Spain and Finland, at *** and *** respectively, making buying more economical than renting.

The mortgage interest rate in Finland generally decreased between 2014 and 2022, followed by an increase. Factors that influence mortgage interest rates include inflation, economic growth, monetary policies, the bond market, the stability of lenders, and the overall conditions of the housing market. The mortgage interest rate in Finland decreased to its lowest value of **** percent in the fourth quarter of 2020 as part of an overall trend of falling mortgage interest rates in Europe. The mortgage interest rate has since risen to **** percent by the second quarter of 2024.

Portugal, Canada, and the United States were the countries with the highest house price to income ratio in 2024. In all three countries, the index exceeded 130 index points, while the average for all OECD countries stood at 116.2 index points. The index measures the development of housing affordability and is calculated by dividing nominal house price by nominal disposable income per head, with 2015 set as a base year when the index amounted to 100. An index value of 120, for example, would mean that house price growth has outpaced income growth by 20 percent since 2015. How have house prices worldwide changed since the COVID-19 pandemic? House prices started to rise gradually after the global financial crisis (2007–2008), but this trend accelerated with the pandemic. The countries with advanced economies, which usually have mature housing markets, experienced stronger growth than countries with emerging economies. Real house price growth (accounting for inflation) peaked in 2022 and has since lost some of the gain. Although, many countries experienced a decline in house prices, the global house price index shows that property prices in 2023 were still substantially higher than before COVID-19. Renting vs. buying In the past, house prices have grown faster than rents. However, the home affordability has been declining notably, with a direct impact on rental prices. As people struggle to buy a property of their own, they often turn to rental accommodation. This has resulted in a growing demand for rental apartments and soaring rental prices.