A difficult situation – that we can call the situation currently observed in the rental segment. To find an apartment for rent is rather difficult due to limited supply and because the requested rental rates are higher than what the mass consumer of this product is willing to pay. The most common request from potential tenants is 1- or 2-room apartment with a rental price of 250-400 euros per month. In the center of Riga, for 2- and 3-room options, they are ready to pay 700-900 euros per month.
Limited supply in Riga rent market
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