Lithuania · Europe · Population: 590,000
Vilnius is relatively affordable for homebuyers, with rapidly rising prices driven by strong demand. The city has affordable rents compared to global standards. At $180,000 average home price in Lithuania, buyers should consider the 7.0x price-to-income ratio when planning a purchase.
| Average Home Price | $180,000 |
| Price per sqm | $3,000 |
| Price-to-Income Ratio | 7.0x |
| Mortgage Rate | 5.0% |
| 1-Year Price Change | +5.2% |
| 1-Bedroom Apartment | $550/mo |
| 3-Bedroom Apartment | $950/mo |
| Rent-to-Income Ratio | 22% |
| Median Household Income | $26,000/year |
| Years to Buy (at median income) | 7.0 years |
| Local Currency | EUR |
With a price-to-income ratio of 7.0x, Vilnius offers reasonable opportunities for homebuyers compared to global averages. Home prices have increased 5.2% in the past year.
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