Vilnius apartment prices up for eighth month in a row
The Ober-Haus Lithuanian apartment price index (OHBI) shows that in September 2013 apartment prices in the five major Lithuanian cities (Vilnius, Kaunas, Klaipėda, Šiauliai and Panevėžys) increased by 0.1%. The same increase was recorded in August. This increase decreased the annual rate of decline to 0.1% and it was the smallest negative annual decline during last 22 months.
Positive index change in September was influenced by raised apartment prices in Vilnius and Šiauliai. During the first month of autumn prices grew by 0.2% in capital. This is the eighth month in a row, when price growth is observed in Vilnius. The average apartment price reached 1,204 EUR (+3 EUR/sqm). During a year apartment prices in capital increased by 1.2%, and since the last lowest price level (May 2010) have raised 4.3% (+50 EUR/sqm). 0.4% price increase was recorded in Šiauliai in September; the average apartment price reached 550 EUR (+2 EUR/sqm).
In September a decrease of 0.2% of apartment prices was recorded in Kaunas and Klaipėda, the average price per square metre dropped to 931 EUR (-2 EUR/sqm) and 956 EUR (-2 EUR/sqm). Apartment prices in Panevėžys haven‘t change and remained the same as in August – 515 EUR/sqm.
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The housing market remains active, but no major changes have been observed
The Ober-Haus Lithuanian apartment price index (OHBI), which follows changes in apartment sale prices in the five biggest Lithuanian cities (Vilnius, Kaunas, Klaipėda, Šiauliai and Panevėžys) increased by 0.9% in April 2026. The annual apartment price growth in the biggest cities of Lithuania was 12.1% (a 12.5% increase was recorded in March 2026). In April 2026 apartment prices in Vilnius, Kaunas, Klaipėda, Šiauliai, and Panevėžys increased by 0.8%, 1.1%, 0.3%, 2.7%, and 0.9%, respectively, with the average price per square meter reaching EUR 3,019 (+24 EUR/sqm), EUR 2,161 (+24 EUR/sqm), EUR 1,950 (+6 EUR/sqm), EUR 1,352 (+35 EUR/sqm) and EUR 1,302 (+12 EUR/sqm). In the past 12 months, the prices of apartments increased in all the biggest cities in the country: Vilnius – 11.1%, Kaunas – 15.8%, Klaipėda – 10.6%, Šiauliai – 13.3%, and Panevėžys – 11.5%. “The figures for April of this year show that the country’s housing market remains at its peak of activity. According to data from the Center of Registers, 2.3% more homes (apartments and houses) were purchased in Lithuania in April 2026 than during the same period a year ago. In April of this year, the fastest growth in activity was recorded in the house…
What does the final office rental price include?
Companies that have decided to move from old offices to modern business centres after many years, or those new to the office rental market, are faced with a model that has been used in this sector for some time. This model is much more detailed than 'price per square metre plus utilities. Ugnė Liaudanskienė, the Ober-Haus office leasing manager, shows businesses looking for new premises what tenants pay for and how they pay for it. As residents and business representatives are much more familiar with the basic principles of apartment rentals, they have similar expectations for offices. Even in old business centres, long-established companies sometimes ask themselves what else could make up the rental price besides the price per square metre, utility bills and perhaps symbolic maintenance costs. Publicly, only the 'bare' rental price per square metre is usually declared. In Vilnius' Class A business centres, this has settled at 16–20 EUR/sq. m this year and is likely to remain so until next year. In Class B centres, it is 10–15.50 EUR/sq. m. According to Ober-Haus data, rental prices for Class A offices in the capital have increased by 17% since the end of 2020 and by 13% for Class…
Lithuania/Vilnius Real Estate Market Report 2026
We present the annual Lithuania (Vilnius) Real Estate Market Review 2026, covering the investment transactions, office, retail, warehouse, residential and land markets. Full report (PDF): Lithuania/Vilnius Real Estate Market Report 2026 [dflip id="76660"][/dflip]
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