Heka’s average rent to see a moderate increase next year
In 2026, the average monthly rent of Heka’s regular apartments will be EUR 14.66 per square metre, which is 1.9% higher than in 2025.
At their lowest, the rent increases will be 0,1%, and at their highest, 2,4%. The majority of increases are between 1 and 2 percent.
On average, a 1.9% increase means an increase in monthly rent of around €11 for a 40-square-metre apartment and a €20 increase for a 70-square-metre apartment.
“After the raise, Heka’s average rent will be roughly 35% lower than the current average rent of housing on the free market in Helsinki, according to Statistics Finland. We will continue to be able to offer our tenants safe and affordable housing,” says CEO Maria Aspala, commenting on Heka’s rent levels.
The Heka Board approved the rents for 2026 at its meeting on 24 September 2025. Tenants will be sent a letter about their rent for next year by the end of October. The new rents will take effect on January 1, 2026.
See the location-specific average rent in 2026:
Moderate growth of costs curbs the rent increases
The increase in interest costs has levelled off and other operating costs are expected to rise less than in recent years, which has slowed down the increase in Heka’s costs and curbed the need for rent increases. The rent increases will also be slightly reduced by the capitalisation by the City of Helsinki for the next year.
However, increases are still expected in the prices of goods and services. It is, therefore, likely that rents will continue to need to rise in the future to cover all of Heka’s operating costs. There is still an exceptionally large number of rental apartments available on the rental market in Helsinki, which is expected to be reflected in Heka’s occupancy rate in the coming year.
Rent payments cover the costs of operation
Heka operates according to a cost-price principle, meaning that it covers all the costs of its operations with rent payments. As such, Heka charges enough rent to cover the total costs of construction, renovation, maintenance and administration of apartments.
Heka does not seek profit or pay dividends to its owner, the City of Helsinki.