Riga
Latvia (capital)
Apartment price, city centre (Numbeo). Older Soviet-era flats are far cheaper, around 865; new builds run higher. The capital and biggest market.
Latvia property prices
Latvia property prices by city: Riga, Jurmala, Liepaja (2026)
Short answer. In 2025 to early 2026, the highest asking prices were in Riga (about 2,791 EUR per square meter) and the lowest in Liepaja (about 1,350 EUR per square meter), a gap of about 107%. These are apartment prices per square meter in euros (indicative, see the note). Source: Numbeo apartment prices and agency reports (Latvia has thin per square meter data), with the CSB for the official trend.
Updated 8 June 2026Official source named
Jurmala
Baltic coast, Latvia
Mid-market beachside apartments (Latvia Sotheby's). The seaside resort next to Riga; prime beachfront runs well above 5,000.
Liepaja
Western Latvia
Apartment price, city centre (Numbeo). A coastal city of Art Nouveau streets, the most affordable here.
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Where these places are
Full data table
| City | Asking (EUR/sqm) | Sold (EUR/sqm) | Change, 12 months | Trend |
|---|---|---|---|---|
| Riga | 2,791 | n/a | n/a | Stable |
| Jurmala | about 2,300 | n/a | n/a | Stable |
| Liepaja | 1,350 | n/a | n/a | Stable |
Source: Numbeo apartment prices and agency reports (Latvia has thin per square meter data), with the CSB for the official trend. https://stat.gov.lv/en/statistics-themes/economy/consumer-prices/tables/pci050c-house-price-index-and-changes
Official trend
Latvia's official transaction based House Price Index rose about 11.0% over the year to 2025-Q4, with the index at 224.02 (2015 = 100). This is the official trend behind the asking prices above. Source: Eurostat, House Price Index (prc_hpi_q), fetched 2026-06-09. https://ec.europa.eu/eurostat/databrowser/view/prc_hpi_q/default/table?lang=en
How we know these numbers
Latvia has thin public price data per square meter, so the figures here are indicative apartment prices (Numbeo for Riga and Liepaja, an agency mid-market figure for Jurmala). We show only the three cities with defensible figures. The official price TREND is solid: the Central Statistical Bureau (CSB) index, and Latvia is in Eurostat.
Latvia has the thinnest price data of any country here. These are indicative apartment figures: Numbeo city-centre for Riga and Liepaja, and an agency mid-market figure for Jurmala. We left out Daugavpils and Ventspils, where only a handful of crowd-sourced data points exist. The official price trend is solid and rising: the CSB index had existing dwellings up about 8 percent over the year to mid 2025.
Frequently asked questions
How much does property cost in Riga?
City-centre apartments run around 2,791 EUR per square meter (indicative, Numbeo). Older Soviet-era flats are far cheaper, around 865, while new builds and the centre cost more.
Are Latvian house prices rising?
Yes. The official CSB index had existing dwellings up about 8 percent over the year to mid 2025. Latvia is also covered by Eurostat.
Why only three cities and why indicative?
Latvia publishes little price data per square meter. We show the three cities with defensible figures (Riga, Jurmala, Liepaja) and left out Daugavpils and Ventspils, which only have a few crowd-sourced data points.
Sources
- Numbeo apartment prices and agency reports (Latvia has thin per square meter data), with the CSB for the official trend (indicative apartment prices): https://stat.gov.lv/en/statistics-themes/economy/consumer-prices/tables/pci050c-house-price-index-and-changes
- Central Statistical Bureau of Latvia (CSB), house price index (official, transaction based, national index): https://stat.gov.lv/en/statistics-themes/economy/consumer-prices/tables/pci050c-house-price-index-and-changes
- Eurostat House Price Index (Latvia, country level) (official, transaction based, country level only): https://ec.europa.eu/eurostat/databrowser/view/prc_hpi_q/default/table?lang=en
- Riga photo: Pierre Andre Leclercq / Wikimedia Commons / CC BY-SA 4.0 (source)
- Jurmala photo: Gustamons / Wikimedia Commons / public domain (source)
- Liepaja photo: Texaner / Wikimedia Commons / CC BY-SA 3.0 (source)