Rental prices in Finland
How much do you pay?
Finland’s rental market was deregulated in the 1990s, meaning agreements and prices are now a lot more flexible, though they must remain reasonable.
Landlords are entitled to ask for a maximum of three months’ rent from their tenants as a security deposit. This will protect the landlords from the possibility of unpaid rent or damage to their property incurred by the tenant. The deposit will be fully refunded to the tenant upon moving out of the accommodation, as long as they have fulfilled their side of the tenancy agreement.
Rental prices in Finland are becoming more and more expensive. This is probably due to the inferior supply of rental accommodation in relation to its demand. If you are very lucky and find a furnished place in Finland available to rent, you can expect to pay an extremely high rent.
Rents in Helsinki or any other large city in Finland are a lot higher than in other areas. Despite the price, these areas tend to be the most popular place to relocate to for expatriates. In cheaper rural areas it is generally extremely difficult to find accommodation available to rent..
The amount of rent you pay is subject to negotiation between you and your potential landlord. The agreed amount must be in line with the current market rate in the area. If the Finnish courts deem this not to be the case, they are within their rights to alter your agreed rate accordingly.
The final agreement regarding how much rent you are to pay will then be put into writing in the tenancy agreement, which will also outline any adjustment clauses that may be made.
Also in this section
- Introduction: The Finnish rental market
- Rental prices in Finland: How much do you pay?
- Rental agreements in Finland: Contracts and rights