In August 2024, the average apartment rent in Lithuania reached ** euros per square meter. That was an increase from ** euros per square meter in January 2021. Lithuania is one of the European countries with the largest increase in rents since 2015.

In 2023, the index for residential rents in the euro area stood at ***** index points. Nevertheless, most European countries recorded a higher increase in rental prices. In Turkey, where inflation has been extremely high in recent years, the index soared to *** index points. That means that the rents increased by *** percent since 2015, the base year with index value of 100. Six other countries had an index value of over *** index points, including Lithuania, Hungary, and Slovenia. Conversely, Greece was the only country where rents have declined since 2015.

Housing Index in Lithuania increased to 247.69 points in the first quarter of 2025 from 241.98 points in the fourth quarter of 2024. This dataset provides - Lithuania House Price Index - actual values, historical data, forecast, chart, statistics, economic calendar and news.

In 2024, Switzerland had the highest average annual rent for self-storage facilities in Europe. The average annual rental price for self-storage facilities in Switzerland was *** euros per square meter. Austria and the United Kingdom (UK) followed closely, with the mean annual average rent for self-storage stores ranging from *** to *** euros per square meter. On the other hand, the rents for self-storage spaces in Norway and Lithuania were relatively low, with both places paying *** and *** euros per square meter, respectively.

In the presented European countries, the homeownership rate extended from 42.6 percent in Switzerland to as much as 95.9 percent in Albania. Countries with more mature rental markets, such as France, Germany, the UK, and Switzerland, tended to have a lower homeownership rate compared to the frontier countries, such as Lithuania or Slovakia. The share of house owners among the population of all 20 euro area countries stood at 64.5 percent in 2024. Average cost of housing Countries with lower homeownership rates tend to have higher house prices. In 2024, the average transaction price for a house was notably higher in Western and Northern Europe than in Eastern and Southern Europe. In Austria, one of the most expensive European countries to buy a new dwelling in, the average price was three times higher than in Greece. Looking at house price growth, however, the most expensive markets recorded slower house price growth compared to the mid-priced markets. Housing supply With population numbers rising across Europe, the need for affordable housing continues. In 2024, European countries completed between one and six housing units per 1,000 citizens, with Ireland, Poland, and Denmark responsible for heading the ranking. One of the major challenges for supplying the market with more affordable homes is the rising construction costs. In 2021 and 2022, housing construction costs escalated dramatically due to soaring inflation, which has had a significant effect on new supply.