Real Estate Market in Riga — 2026
Updated 2026-04-02 · Source: State Land Service (VZD)
3,319 Recent (3 months)
Price Range (p25–p75): 759–1703 €/m²
11,455 deals
Price Trends (24 months)
Median Apt. Price (€/m²)
Deal Type Breakdown
The real estate market in Riga recorded 20,463 transactions in the past 12 months. The median apartment price is 1,074 €/m².
What does an apartment cost in Riga?
Median apartment prices by size, based on actual deals from the last 12 months. Prices exclude non-market transactions.
In Riga, the most affordable apartments (< 40 m²) have a median price of €28,000, while larger apartments (100+ m²) reach €185,000. These figures are based on registered transactions, giving a realistic picture of what buyers actually pay.
New vs old buildings in Riga
How building age affects apartment prices. Based on the commissioning year registered in the cadastral data.
Price by building era (last 12 months)
10-year price trend by building era
In Riga, the price gap between building eras is significant. < 1945 apartments average 1,241 €/m², while 2010+ buildings command 2,439 €/m² — a 2.0x difference. This reflects both construction quality and buyer preferences.
Looking for an apartment in Riga?
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