Warehouse rental market — Riga Q1 2026
The Riga warehouse market kept developing through the first quarter of 2026 — new supply is growing, but demand from e-commerce and 3PL operators keeps vacancy low. Class A rents remain stable with mild upward pressure in the most sought-after districts.
This page lists current asking rents by district and warehouse class, plus the headline market indicators. For a detailed analysis with trends and outlook, read our full market report.
What are warehouse rental prices in Riga in 2026?
Class A warehouse rents in Riga in Q1 2026 range from €4.20 to €6.50/m²/month depending on location and specification. Mārupe and Salaspils sit at the top of the range thanks to motorway access. Class B space starts from €3.00/m²/month.
- Class A: €4.20–€6.50/m²
- Class B: €3.00–€5.00/m²
- Vacancy: ~5–8%
- Typical term: 3–5 years
Class A warehouse rents — Q1 2026
| District | Rent €/m²/month | Clear height | Vacancy |
|---|---|---|---|
| Mārupe | €5.50 – €6.50 | 10–12m | Low |
| Salaspils | €4.80 – €5.80 | 8–12m | Medium |
| Olaine | €4.50 – €5.50 | 8–12m | Medium |
| Stopiņi municipality | €4.50 – €5.50 | 10–12m | Medium |
| Daugavgrīva | €4.20 – €5.20 | 6–10m | Medium |
Class B warehouse rents — Q1 2026
| District | Rent €/m²/month | Clear height | Vacancy |
|---|---|---|---|
| Mārupe | €4.00 – €5.00 | 6–8m | Low |
| Riga left bank | €3.50 – €4.50 | 5–7m | Medium |
| Riga right bank | €3.00 – €4.20 | 5–8m | High |
Key market indicators
Frequently asked questions
What are warehouse rental prices in Riga in 2026?
Class A warehouse rents in Riga in Q1 2026 range from €4.20 to €6.50/m²/month depending on location and specification. The highest rates are in Mārupe and Salaspils thanks to motorway access.
What is the warehouse vacancy rate in Riga?
Modern warehouse vacancy in Riga sits at roughly 5–8% in Q1 2026, and for Class A space in the best locations it is close to zero.
What is a typical warehouse lease term in Latvia?
The typical warehouse lease term in Latvia is 3–5 years with an extension option. Class A properties are often offered on 5+ year leases with CPI indexation.
Does this page publish Q2 2026 warehouse market data?
No. On 15 July 2026 Rentful checked the public CPB Baltics and Newsec Latvia report libraries, but no Q2 2026 industrial report was available yet. The tables are therefore correctly labelled as Q1 2026 data.
* Figures are based on Rentful platform listings and market observation. Rents vary with each property's specification and lease terms. Data period: Q1 2026. External sources last checked: 15 July 2026.