Gross rental yields in Latvia: Riga and Jūrmala
The average gross rental yield in Latvia stands at 7.20% (2026, Q2). Previously, in Q4 2025, the average rental yield was 7.28%.
Cities compared
- Riga
- Jūrmala
Historical rental yields in Latvia
| RIGA - Apartments | COST (€) | YIELD (p.a.) | |
| TO BUY | MONTHLY RENT | ||
| Centrs | |||
| Studio | €90,000 | €470 | 6.27% |
| 1-Bedroom | €154,900 | €800 | 6.20% |
| 2-Bedroom | €249,900 | €1,400 | 6.72% |
| 3-Bedroom | €369,000 | €1,700 | 5.53% |
| 4+Bedroom | €475,000 | €2,500 | 6.32% |
| Agenskalns | |||
| Studio | €78,100 | €340 | 5.22% |
| 1-Bedroom | €123,600 | €550 | 5.34% |
| 2-Bedroom | €187,700 | €1,000 | 6.39% |
| Vecriga | |||
| 1-Bedroom | €153,000 | €850 | 6.67% |
| 2-Bedroom | €330,000 | €1,450 | 5.27% |
| 3-Bedroom | €495,000 | €2,500 | 6.06% |
| All Locations | |||
| Studio | €81,000 | €450 | 6.67% |
| 1-Bedroom | €125,000 | €750 | 7.20% |
| 2-Bedroom | €187,000 | €1,300 | 8.34% |
| 3-Bedroom | €272,000 | €1,700 | 7.50% |
| 4+Bedroom | €435,000 | €2,765 | 7.63% |
| Riga avg. Rental Yields | 7.47% | ||
| JŪRMALA - Apartments | COST (€) | YIELD (p.a.) | |
| TO BUY | MONTHLY RENT | ||
| All Locations | |||
| Studio | €49,500 | €300 | 7.76% |
| 1-Bedroom | €120,000 | €660 | 4.52% |
| 2-Bedroom | €251,000 | €1,275 | 4.98% |
| 3-Bedroom | €310,000 | €2,000 | 7.20% |
| Jūrmala avg. Rental Yields | 6.93% | ||
| 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, SS.lv, and City24 |
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View the full rental yield dataset (2024 - 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 across the largest cities in Latvia, 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.
