Riga · Updated 2026-10-19
Riga neighbourhood guide
Rīgas apkaimes
Old Riga asks the most per square metre, €3,800, and Latgale the least, €1,633. Here is what 12 Riga districts ask, then current listings in each area. One thing to know first: across Riga, flats actually sell for a median €1,230 per m² (7,763 State Land Service deals), far below what ads ask, mostly because the ads are full of new builds.
Last updated: 19 October 2026
Where yields are highest
Gross rental yield on State Land Service deal prices, by building era. Rental ads collected 20 October 2026; deals January–September 2026. Riga has no district-level deal prices, so this split is by building era, not district.
Older and Soviet-era buildings yield more than new builds, because deal prices are much lower while rents are closer.
| Building era | Yield on deal prices | Rental ads (n) | Deals (n) |
|---|---|---|---|
| Soviet-era, 1941–1990 | 9.58% | 401 | 4,379 |
| Pre-1941 | 8.31% | 363 | 1,741 |
| 2001 and later | 6.51% | 320 | 1,452 |
What Riga districts ask
| District | Asking price €/m² (sale ads) | Asking rent €/m² (rental ads) |
|---|---|---|
| Vecrīga (Old Riga) | €3,800 (167) | fewer than 100 rental ads |
| Āgenskalns | €3,029 (502) | €14.89 (152) |
| Mežaparks | €2,980 (104) | fewer than 100 rental ads |
| Centrs | €2,839 (2,175) | €13.59 (970) |
| Pleskodāle-Šampēteris | €2,688 (195) | fewer than 100 rental ads |
| Ziepniekkalns | €2,401 (189) | fewer than 100 rental ads |
| Ķengarags | €2,179 (209) | fewer than 100 rental ads |
| Pļavnieki | €2,167 (281) | fewer than 100 rental ads |
| Teika | €2,072 (158) | fewer than 100 rental ads |
| Purvciems | €2,058 (248) | fewer than 100 rental ads |
| Imanta | €2,012 (175) | fewer than 100 rental ads |
| Latgale | €1,633 (103) | fewer than 100 rental ads |
| All Riga | €2,589 (6,370) | €11.56 (2,045) |
Like for like by building era, Riga asks are 9–17% above deal prices. Full tables in the Riga report. Latviski
Current listings by area
| District | Listings | For sale | For rent |
|---|---|---|---|
| Centrs | 109 | 69 | 40 |
| Āgenskalns | 19 | 13 | 6 |
| Pļavnieki | 11 | 7 | 4 |
| Jugla | 9 | 9 | 0 |
| Torņakalns | 9 | 8 | 1 |
| Teika | 9 | 7 | 2 |
| Ķengarags | 8 | 7 | 1 |
| Imanta | 8 | 6 | 2 |
| Mežciems | 7 | 4 | 3 |
| Ziepniekkalns | 6 | 5 | 1 |
| Vecrīga | 5 | 4 | 1 |
| Dārzciems | 5 | 3 | 2 |
| Purvciems | 5 | 3 | 2 |
| Zolitūde | 4 | 3 | 1 |
| Mežaparks | 4 | 3 | 1 |
| Latgales priekšpilsēta | 4 | 0 | 4 |
| Grīziņkalns | 3 | 2 | 1 |