We will still keep our rent increases moderate – the increase in the coming year will be 2.5 % on average

We will increase the rents of TOAS apartments by an average of 2.5 % in 2025. The increases will vary between 0–3 % in different locations. Increases in rent remain at the usual moderate level. Rents will not be increased in Hippos, Vanha Domus A-house and Wäinölä 3 locations.

TOAS’s rental income will increase next year also because large investments have resulted in many new apartments for rent. The overall increase in total is 7 %. In terms of service costs, provision has been made for steady increases across the board, and the growth is 8 %. Half of this increase in costs comes from new apartments and the other half from index increases in expenses.

We want to keep the rent levels of student housing reasonable – this way, we will not only be able to respond to competition from rental operators, but also provide students with comfortable living conditions. And we believe that we have succeeded quite well: over the last ten years, the average annual increase of TOAS rents has been 1.25 %.

TOAS’ financial situation has also remained stable in the long term. This is based on long-term financial planning, which has succeeded regardless of large investments. In the near future, the greatest uncertainty will be caused by financial uncertainty.

If you feel that your current apartment is too expensive, please remember that everyone is able to influence their rent. We offer a large selection of apartments at different prices. The cheapest small apartments with shared kitchens only cost EUR 150/month, while, at the other end of the price range, there are studio apartments in the city centre that go for about EUR 600/month.

According to Statistics Finland’s statistics, TOAS rents are still approximately 26 % cheaper than in the free market in Tampere. The comparable average rent per square metre at TOAS will be EUR 13.9/m2/month at the beginning of next year, with prices ranging between 9.5–20.5.

Nearly half of TOAS’ costs comprise financial costs, meaning loan repayments and interest. The amount of loans will keep growing during this intense season of new construction. However, an increase in loans is a good thing for students, as it will lead to significantly more high-quality housing. The intense pace of new constructing in TOAS greatly differs from the general situation of construction in Finland at the moment.

Key figures from our budget in 2025:

• Income EUR 50 M
• Maintenance costs EUR 26 M (repairs 5, heating 4, electricity 3)
• Financing costs EUR 21 M
• Surplus EUR 3 M (for investment)

A new rental invoice will be sent to the tenants with the notice of the increase in rent. It will only be used from 1 January 2025. For those who have made an e-invoicing agreement, a new invoice will be sent monthly to their online bank. A contract specific reference number must be used when paying the invoice.

You can find your own rental payment information on myTOAS, where you can also check your payment status.

TOAS will inform Kela directly about the changes on rent. Read more about housing allowance on Kela’s website.