New project in Riga — apartment prices

In November 2026, the average apartment price in «New project» buildings in Riga is 140 000 €, or 2 321 €/m². Typical price: 109 000 € to 180 000 €; typical floor area: 63 m². Based on 1 793 registered deals over the last 12 months.

2 321€/m² average price per m²
140 000€ average price per apartment
63m² typical floor area
1 793 deals in 12 months

Average price €/m² by year

1 000 1 500 2 000 2 500 3 000 0 1 000 2 000 3 000 4 000 €/m² deals 2012 2014 2016 2018 2020 2022 2024 2026

Typical price

109 000 € – 180 000 €

Half of the last 12 months' deals fall in this range; the average is 140 000 €.

Apartment prices by year

Average price of registered deals in each year.

Year Average Price €/m² Number of Deals, N
2012 1 063€/m² 1 154 deals
2013 1 169€/m² 1 358 deals
2014 1 319€/m² 1 368 deals
2015 1 109€/m² 935 deals
2016 1 164€/m² 1 319 deals
2017 1 337€/m² 1 360 deals
2018 1 440€/m² 1 365 deals
2019 1 519€/m² 1 618 deals
2020 1 666€/m² 1 793 deals
2021 1 673€/m² 1 771 deals
2022 1 820€/m² 1 847 deals
2023 2 108€/m² 1 599 deals
2024 2 126€/m² 1 566 deals
2025 2 312€/m² 2 264 deals
2026 2 326€/m² 1 529 deals

Top 10 most active buildings

The buildings with the most such deals over the last 12 months.

Address Average Price €/m² Deals: Last Year · Total

Summary

How much does an apartment in a «New project» building in Riga cost?

Over the last 12 months the average price is 140 000 €, or 2 321 €/m²; half of the deals fall between 109 000 € and 180 000 €.

How big is a typical apartment in a «New project» building in Riga?

The average floor area of registered deals is 63 m².

How have prices in «New project» buildings in Riga changed since 2012?

From 1 063 €/m² in 2012 to 2 326 €/m² in 2026 — +119%.

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