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Kaunas Leads Lithuania in Housing Price Growth
Apartment prices in Kaunas record fastest growth in 2025
Kaunas recorded the fastest housing price growth in Lithuania in 2025. According to Ober-Haus data, the average apartment price in the city increased by 13.8% year-on-year, reaching €2,071 per square metre at the end of the year. This marked the strongest annual change among the country’s major cities.
By comparison, apartment prices in Vilnius, Klaipėda, Šiauliai and Panevėžys rose by 10–11% over the same period. Kaunas therefore outpaced other urban centres in terms of price dynamics.
Data from the Centre of Registers show that 5,174 apartments and 803 houses were purchased in Kaunas in 2025, up 14% and 23% respectively compared to 2024, confirming sustained market activity.
Secondary and new-build apartment prices
Typical older apartments in residential districts are currently priced between €1,400 and €2,400 per square metre depending on condition, location and furnishings. Newly built apartments with partial finishing in residential areas are offered at €2,300–3,000 per square metre.
In prestigious areas such as the city centre and Old Town, apartment prices can reach €4,000–5,000 per square metre. A relatively large number of high-end riverside and central projects last year expanded the upper price range and supported overall average growth.
Limited new housing supply drives prices higher
According to Svajūnas Šarauskas, head of the Kaunas office of Ober-Haus, the rapid price growth is not accidental but reflects rising construction costs and stricter regulatory requirements.
Kaunas continues to face a shortage of high-quality new housing in convenient locations, particularly two- and three-room apartments. The number of newly built apartments has declined for two consecutive years, intensifying the imbalance between demand and supply.
Many residents opt for suburban living in the Kaunas district, building cottages and individual houses to obtain more space and land at lower prices. However, suburban expansion has contributed to a slight decline in the city’s population, potentially dampening developers’ enthusiasm for launching new projects within the city itself.
New projects and future development areas
The supply of new housing in Kaunas is currently supported by multi-phase projects developed over several years, including Piliamiestis, Nemunaičiai, Kaunorama, Pušų Apartamentai and Namučiai. In 2026, projects such as Matau Kauną, Radio City and Ąžuolyno Uoksai in Šančiai are expected to strengthen the pipeline.
Ąžuolyno Uoksai reflects emerging trends in Kaunas. Šančiai is transforming from a transitional affordable district into an increasingly attractive location for the middle class, young professionals and families. The planned swimming pool next to the residential complex highlights the growing focus on lifestyle infrastructure.
The planned Tesonet Group development on Minkovskių Street, combining a business centre, hotel and residential units, is expected to reinforce this shift toward mixed-use urban quarters.
Districts such as Vilijampolė, Žemutinė Freda and the former Kaunas Grain riverside territory are undergoing active redevelopment. Future growth potential is also seen in Naujamiestis, the former industrial areas of Volfas Engelman and Stumbras, and Aleksotas. In the longer term, Jonavos Street along the Neris River could attract attention if comprehensive revitalisation and conversion projects are implemented.
Rental market shows signs of stabilisation
Ober-Haus recorded a 9% annual increase in rental prices in 2025. The average rent in Kaunas currently stands at around €12 per square metre per month.
Two-room apartments in residential districts are rented for €360–600 per month, while similar units in the city centre range from €420–800. Around 500 apartments are available for rent, providing tenants with a broad choice.
Experts observe a certain rental price ceiling amid stagnant population growth. Two-room apartments remain the most popular rental segment, followed by one-room units. As traditionally observed, rental activity peaks in late summer and autumn due to student demand.
As International Investment experts report, the sustained price growth in Kaunas reflects structural supply constraints and the city’s gradual transition toward a more mature real estate market, where project quality, infrastructure and integrated urban development are becoming decisive factors.