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STR Market Report
Riga, Latvia • Short-Term Rental Market
46%
Entire-home, active listings
Occupancy Rate
~14 nights booked per month on average
52 €
Median, entire-home
Avg Nightly Rate
Typical price per night charged by whole-home hosts in this market
2,360
Had a review in past 12 mo
Active Listings
Whole-home Airbnbs with at least 1 recent guest review — active supply
718 €
~14 booked nights / month
Est. Monthly Revenue
Directional gross booking revenue estimate before fees, expenses, and seasonality shifts
Friendly
Permissive regulations — straightforward licensing, no owner-occupancy requirement
Regulatory Risk
Higher-risk setup due to weaker demand, pricing constraints, or regulation. Underwrite conservatively.
2 nights
Typical host minimum
Median Min Stay
Most common minimum booking length. Short = weekenders welcome. Long (7+ nights) = weekly guests only.
46%
Hosts with 5+ listings
Pro Host Rate
Significant investor presence — you'll compete with experienced multi-property operators
1.6/mo
Median reviews per month
Booking Velocity
How quickly typical listings earn new reviews — a proxy for how often properties get booked. Higher = stronger demand.
Peak demand June–August; shoulder spring/fall; lower winter occupancy
riga-latvia is an emerging short-term rental market with growing demand from tourism, business travel, and outdoor recreation. Detailed editorial content coming soon.
Premium Pricing Pocket
Ziepniekkalns
Avg nightly rate: 86 €
Highest Occupancy Pocket
PleskodÄle
Avg occupancy: 53.9%
Best Balanced Opportunity
Centrs
Healthy mix of demand, pricing, and listing depth
Ranked by active listing count (Inside Airbnb data).
Takeaway: entire home apt dominates this market snapshot.
Takeaway: the highest concentration of listings sits in the Under $50 nightly range.
Takeaway: most listings cluster around 0–10% occupancy.
| Neighbourhood | Listings ↓ | Avg Price | Occupancy | Avg Rating |
|---|---|---|---|---|
| Centrs | 1,075 | 72 € | 50.9% | — |
| VecpilsÄta | 620 | 69 € | 51.1% | — |
| Avoti | 440 | 59 € | 47.6% | — |
| GrÄ«ziÅkalns | 163 | 48 € | 38.6% | — |
| Maskavas forÅ¡tate | 148 | 52 € | 49.4% | — |
| Ägenskalns | 117 | 59 € | 48.5% | — |
| Brasa | 92 | 56 € | 43.8% | — |
| Teika | 64 | 59 € | 43.5% | — |
| TorÅakalns | 59 | 42 € | 38.7% | — |
| PleskodÄle | 47 | 50 € | 53.9% | — |
| Purvciems | 43 | 51 € | 46.4% | — |
| Imanta | 33 | 81 € | 49.9% | — |
| PÄtersala-Andrejsala | 29 | 56 € | 49.9% | — |
| BieriÅi | 21 | 68 € | 28.9% | — |
| Ziepniekkalns | 20 | 86 € | 39.5% | — |
Source: Inside Airbnb. Click column headers to sort.
Analytics derived from Inside Airbnb public datasets. Data reflects the snapshot date above. Not financial advice.
Want verified, real-time data?
Our estimates are a starting point — these tools give you neighborhood-level occupancy, revenue projections, and comp analysis from live Airbnb data.
Real-time occupancy, ADR, and RevPAR by neighborhood. The industry standard for STR market research.
View Riga data on AirDNA →Combines Airbnb data with traditional rental comps. Great for comparing STR vs long-term rental ROI.
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Score formula: Occupancy (max 45 pts) + ADR (max 30 pts) + Regulatory environment (up to 25 pts). Max score: 100.
Moderate market — Riga has decent fundamentals but some limitations. Worth investigating further before committing capital.
Get personalized advice on market entry, property selection, and STR strategy from an experienced STR host.