Prices for panel apartments in the vicinity of Riga: one trend discovered

Our Latvia
BB.LV
Publiation data: 24.05.2026 21:59
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Analysts have gathered data on the panel apartment market in the Riga region — Ogre, Kauguri, Salaspils, and Jelgava.

Ogre

In April 2026, prices for panel apartments in Ogre increased by 1.5%. The average price per square meter of apartments reached 939 EUR/m². In April, prices for apartments in Ogre were 6% higher than at the beginning of 2026.

Kauguri, Jurmala

In Kauguri, prices for panel apartments in April 2026 increased by 1.2%. The average price for panel apartments in April was 863 EUR/m². Since the beginning of 2026, prices for apartments in Kauguri have risen by 4%.

Salaspils

In Salaspils, prices for apartments in April 2026 increased by 1.1%. The average price per square meter of apartments rose to 895 EUR/m². In April, prices for panel apartments in Salaspils were 5% higher than at the beginning of this year.

Jelgava

In Jelgava, prices for apartments in April 2026 increased by 1.1%. The average price for panel apartments in April in Jelgava was 791 EUR/m². Prices for apartments in Jelgava in April were 3% higher than at the beginning of 2026.

According to the editorial team, it is not so difficult to notice the main trend of this analysis - prices are rising. How long this process will continue - we shall see.

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