More than a fifth of Lithuanians rent housing

A significant portion of Lithuania's population opts for rented accommodation, with the latest survey revealing that over a fifth of residents currently rent their homes. The study indicates that 22 percent of Lithuanians are tenants, highlighting a substantial segment of the housing market operating on rental agreements.

Among those who rent, a considerable number manage their housing costs within a specific budget. The survey found that nearly half of all renters, equating to approximately 22 percent of the total population, allocate up to 300 euros per month for their rent payments. This suggests that a large group of renters are seeking affordable housing options.

The data, commissioned by Citadele bank, provides insight into the rental market dynamics in Lithuania. It underscores the prevalence of renting as a housing solution and offers a glimpse into the financial commitments associated with it for a significant portion of the population.

“

More than a fifth (22 percent) of Lithuanian residents rent housing, and almost half of them pay up to 300 euros per month for rent.