Gross rental yields in Estonia: Tallinn, Tartu and Pärnu
The average gross rental yield in Estonia stands at 4.19% (2026, Q2). Previously, in Q4 2025, the average rental yield was 4.18%.
Cities compared
- Tallinn
- Tartu
- Pärnu
Historical rental yields in Estonia
| TALLINN - Apartments | COST (€) | YIELD (p.a.) | |
| TO BUY | MONTHLY RENT | ||
| City Center | |||
| Studio | €139,000 | €450 | 3.88% |
| 1-Bedroom | €214,000 | €675 | 3.79% |
| 2-Bedroom | €315,000 | €1,000 | 3.81% |
| 3+Bedroom | €465,000 | €1,500 | 3.87% |
| Põhja-Tallinn | |||
| Studio | €85,000 | €390 | 5.51% |
| 1-Bedroom | €180,000 | €630 | 4.20% |
| 2-Bedroom | €320,000 | €875 | 3.28% |
| Mustamäe | |||
| Studio | €79,900 | €390 | 5.86% |
| 1-Bedroom | €125,000 | €550 | 5.28% |
| 2-Bedroom | €160,000 | €650 | 4.88% |
| Tallinn (all locations) | |||
| Studio | €104,000 | €400 | 4.62% |
| 1-Bedroom | €177,000 | €620 | 4.20% |
| 2-Bedroom | €250,000 | €890 | 4.27% |
| 3+Bedroom | €385,000 | €1,450 | 4.52% |
| Tallinn avg. rental yields | 4.40% | ||
| TARTU - Apartments | COST (€) | YIELD (p.a.) | |
| TO BUY | MONTHLY RENT | ||
| Tartu (all locations) | |||
| Studio | €80,000 | €345 | 5.18% |
| 1-Bedroom | €138,000 | €490 | 4.26% |
| 2-Bedroom | €195,000 | €700 | 4.31% |
| 3+Bedroom | €265,000 | €850 | 3.85% |
| Tartu avg. rental yields | 4.40% | ||
| PÄRNU - Apartments | COST (€) | YIELD (p.a.) | |
| TO BUY | MONTHLY RENT | ||
| Pärnu (all locations) | |||
| Studio | €90,000 | €310 | 4.13% |
| 1-Bedroom | €132,000 | €400 | 3.64% |
| 2-Bedroom | €194,000 | €570 | 3.53% |
| Pärnu avg. rental yields | 3.77% | ||
| All yields are gross - i.e., before taxes, repair costs, ground rents, estate agents' fees, and any other costs. Net yields (what you'll really earn) are typically around 1.5% to 2% lower. Source: Global Property Guide and kv.ee |
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View the full rental yield dataset (2022 - Present)
Research Methodology:
Our rental yield analysis is conducted biannually to ensure up-to-date insights. We assess 1-bedroom, 2-bedroom, and 3-bedroom properties across the largest cities in Estonia, comparing median rental prices with median purchase prices to determine gross rental yields.
We source data from a leading local property platform, capturing both asking rents and list prices to reflect current market conditions. The gross rental yield is calculated using the following formula:
(Median Monthly Rent × 12) ÷ Median Purchase Price × 100
For example, if the median monthly rent is €500 and the median purchase price is €100,000, the yield is calculated as:
(€500 × 12) ÷ €100,000 = 6% Gross Rental Yield
Note: NET yields vary from country to country but are usually 1.5-2% lower.