Property Prices in Espoo, Finland

Index Info
Price to Income Ratio: 9.73
Mortgage as Percentage of Income: 70.12%
Loan Affordability Index: 1.43
Price to Rent Ratio - City Centre: 33.28
Price to Rent Ratio - Outside of Centre: 26.48
Gross Rental Yield (City Centre): 3.00%
Gross Rental Yield (Outside of Centre): 3.78%
Rent Per Month
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Apartment (1 bedroom) in City Centre 985.33 € 800.00-1,250.00
Apartment (1 bedroom) Outside of Centre 871.80 € 650.00-1,100.00
Apartment (3 bedrooms) in City Centre 1,757.33 € 1,450.00-2,000.00
Apartment (3 bedrooms) Outside of Centre 1,462.50 € 1,100.00-1,650.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 661.93 € 534.19-789.67
Price per Square Feet to Buy Apartment Outside of Centre 453.67 € 278.71-631.74
Salaries And Financing
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Average Monthly Net Salary (After Tax) 3,086.11 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.90 3.80-4.10

These data are based on 92 entries in the past 18 months from 17 different contributors.
Last update: February 2025

Sources and References
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