Real estate agency: students no longer dictate Tallinn and Tartu rental markets

As university intake season approaches, the rental market has become more active, but a shortage of affordable apartments creates fierce competition. A small flat in Tallinn costs an average of 400 euros and in Tartu 300 euros per month, not including utilities. Students no longer shape the rental market as strongly as before.

Estonia's rental market has become more active in line with university intake season, but students are no longer the force that dictates market prices. A small flat in Tallinn goes for an average of 400 euros per month, while in Tartu it costs around 300 euros, with utility costs added to both figures.

Competition is fierce

Students begin their housing search early, but the shortage of affordable flats and high demand have created a situation where finding a suitable rental becomes increasingly difficult. According to real estate agencies, the market is also actively populated by a broad range of employees and families, meaning students are no longer the sole target group.

Prices have risen

In recent years, rental prices in both cities have increased significantly, making the situation particularly difficult for students with smaller budgets. Utility costs can add tens or even hundreds of euros to the monthly rent, meaning total costs often exceed the initial sum that appears at first glance.

Specialists advise students to begin their housing search as early as possible and consider shared flats to split costs. The current state of the rental market reflects more broadly the housing shortage that exists across Estonia's real estate market, where supply cannot keep pace with demand.