Student apartment rents up by 10%

Students coming to study to Vilnius and Kaunas will have to pay up to 10% more in rents than last year.

Real estate agents admit that Vilnius landlords are charging about 5% more compared to last summer.

In Kaunas, Lithuania’s second city with one of the highest proportion of student population in the country, rents grew between 5% and 10%.

Aivaras Ivaškevičius, real estate agent at Capital, says that students, who used to be looking for value for their money, are changing their preferences and favour two-room apartments in new buildings closer to city centres.

DELFI

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