Rental Investing in Savonlinna, Etelä-Savo
2026 Market Data & Investment Analysis
Gross Yield
6.2%
Annual rent / price
Median Home Price
€95,000
As of 2026-Q1
Median Monthly Rent
€490
Per month
Population
33,000
-3.8% / yr (5y avg)
Calculate Your Return in Savonlinna
Pre-filled with Savonlinna's median values. Adjust to match your specific property.
Property Details
Total acquisition cost before taxes
HOA, insurance, property management
% of time the property is empty
% of purchase price (e.g. 2% = 2)
Rule of thumb: 1% of purchase price/yr
Results
Gross Rental Yield
6.19%
Net Rental Yield
2.35%
Cap Rate
2.35%
Monthly Cash Flow
€186.33
Annual Cash Flow
€2,236.00
Market Overview
Median Home Price — 5-Year Trend
Median Monthly Rent — 5-Year Trend
Savonlinna provides solid rental yields of 6.2%, in line with healthy investment market benchmarks.
Declining population of 3.8% per year may pose risks to long-term rental demand. Investors should focus on established neighborhoods with stable tenant bases.
The vacancy rate of 8% is healthy, indicating strong rental demand and limited downtime between tenants.
Investment Profile
Savonlinna is a cash flow-focused market where high rental yields can generate strong monthly income. Lower population growth means price appreciation may be limited, making this primarily an income play.
✓ Strengths
- •High gross yield of 6.2% supports strong monthly cash flow
- •Lower entry prices relative to rents reduce upfront capital needed
- •Income-driven returns are less dependent on market timing
! Risks
- •Limited price appreciation potential reduces total return
- •Declining population may increase vacancy risk over time
Key Metrics
How Savonlinna Compares
Savonlinna vs Joensuu: 0.8 percentage point difference in gross yield.
| City | Median Price | Median Rent | Gross Yield | Pop. Growth |
|---|---|---|---|---|
| Joensuu, Pohjois-Karjala | €130,000 | €590 | 5.4% | +0.8% |
| Kuopio, Pohjois-Savo | €150,000 | €640 | 5.1% | +2.1% |
| Mikkeli, Etelä-Savo | €105,000 | €530 | 6.1% | -2.1% |
| Lappeenranta, Etelä-Karjala | €120,000 | €570 | 5.7% | -0.5% |
| Kajaani, Kainuu | €100,000 | €500 | 6% | -2.8% |
Frequently Asked Questions
Is rental investing profitable in Savonlinna?▾
What is the average rental yield in Savonlinna?▾
How does Savonlinna compare to Joensuu for investors?▾
Ready to Analyse a Specific Property in Savonlinna?
Use our free rental yield calculator to model any property — not just the median.
Compare with nearby cities:
Data source: Tilastokeskus / ARA. Last updated: 2026-Q1. This information is for educational purposes only and does not constitute investment advice.