Housing Prices Rise Even Without Renovations: What Is Happening with Prices for Standard Apartments?

This is evidenced by the data from the latest real estate market review by Arco Real Estate. In September, the price increase for standard apartments was recorded in Jelgava and Salaspils. In Ogre and Kauguri, the cost of housing remained unchanged over the month; however, compared to the beginning of the year, apartments there have also noticeably increased in price. In Jelgava, the average price of apartments in September increased by 0.9%, reaching 807 euros per square meter. Since the beginning of the year, housing in standard buildings has become 5% more expensive. In Salaspils, the monthly growth was significantly more modest — only 0.1%. The average cost per square meter reached 913 euros. At the same time, since the beginning of 2026, prices have risen by 8%. In Ogre, September saw no changes: the average cost per square meter remained at 977 euros. However, this is where the most significant growth among the considered settlements has been recorded since the beginning of the year — an increase of 11%. In Kauguri (Jūrmala), prices also remained at the August level — 887 euros per square meter. Compared to the beginning of the year, apartments have become 7% more expensive.