Tõnismäe, Tallinn: apartment prices and market overview
Apartments in Tõnismäe sold for a median €3,379/m² in Q3 2026 (8 notarised sales, Maa- ja Ruumiamet). That is −9% against Kesklinn as a whole (€3,728/m²) and +15% against Tallinn (€2,949/m²). 3% of last year's sales were in buildings completed in 2016 or later. Typical rent is €12.5/m² per month, a gross yield of about 4.4%.
Price trend: Tõnismäe vs Kesklinn vs Tallinn
Quarterly median price per m² of notarised apartment sales. A quarter without a point had under 5 sales and no published median.
| Quarter | Tõnismäe €/m² | Sales | Avg size | Kesklinn €/m² | Tallinn €/m² |
|---|---|---|---|---|---|
| Q3 2026 | €3,379 | 8 | 52.3 m² | €3,728 | €2,949 |
| Q2 2026 | €3,326 | 7 | 65.1 m² | €3,697 | €2,948 |
| Q1 2026 | €3,337 | 8 | 86.1 m² | €3,719 | €2,903 |
| Q4 2025 | €3,418 | 10 | 74.1 m² | €3,652 | €2,888 |
| Q3 2025 | €3,712 | 6 | 71.5 m² | €3,614 | €2,851 |
| Q2 2025 | €3,968 | 9 | 81.2 m² | €3,560 | €2,881 |
| Q1 2025 | €4,298 | 10 | 87.9 m² | €3,703 | €2,823 |
What sells in Tõnismäe
Sales by building era and flat size, 2025-Q4–2026-Q3 (32 sales). A median is shown where a group had at least 5 sales with a published median.
Building era
Flat size
Rent in Tõnismäe
Median rental offers of the last 24 months inside the asum borders (39 offers, Estiq market database). A group is shown from 5 offers.
| Rooms | Rent / month | Size | €/m² | Offers |
|---|---|---|---|---|
| 2 | €740 | 54.5 m² | 13.6 | 17 |
| 3 | €840 | 65.0 m² | 12.9 | 13 |
| All | €780 | 62.7 m² | 12.5 | 39 |
Housing associations and building stock
Housing association annual reports (e-Business Register) and building data from the Building Register (EHR). Medians from 10 associations.
Developments and building permits
Building permits, notices and detailed plans in the asum from the Building Register (Estiq Radar).
Other neighbourhoods in Kesklinn
Median apartment sale price €/m², Q3 2026. Tõnismäe ranks #13 of 15 in the district.
| Neighbourhood | €/m² | Sales | YoY |
|---|---|---|---|
| Juhkentali | €4,676 | 15 | +15.9% |
| Veerenni | €4,598 | 33 | +26.4% |
| Vanalinn | €4,058 | 21 | +3.6% |
| Kitseküla | €3,930 | 72 | +3.4% |
| Torupilli | €3,820 | 26 | +1.3% |
| Raua | €3,697 | 31 | +7.7% |
| Kompassi | €3,635 | 7 | — |
| Keldrimäe | €3,555 | 40 | +2.0% |
| Tatari | €3,536 | 26 | −8.5% |
| Kadriorg | €3,505 | 39 | −17.4% |
| Kassisaba | €3,471 | 22 | −6.0% |
| Sadama | €3,438 | 20 | −6.7% |
| Tõnismäe ◀ | €3,379 | 8 | — |
| Uus Maailm | €3,368 | 30 | +5.0% |
| Sibulaküla | €3,366 | 11 | — |
| Aegna | 0 | — | |
| Luite | 0 | — | |
| Maakri | 4 | — | |
| Mõigu | 0 | — | |
| Südalinn | 2 | — | |
| Ülemistejärve | 1 | — |
Apartment buildings in Tõnismäe (38)
Buildings with a housing association; each links to the building page with register data and a valuation.
Streets
- Pärnu mnt 48
- Kaarli pst 11
- Pärnu mnt 48a
- Roosikrantsi tn 8c
- Tuvi tn 12
- Pärnu mnt 36
- Roosikrantsi tn 23
- Pärnu mnt 32
- Roosikrantsi tn 13
- Roosikrantsi tn 21
- Hariduse tn 11
- Pärnu mnt 40
- Hariduse tn 2
- Kaarli pst 9
- Pärnu mnt 28
- Roosikrantsi tn 8b
- Roosikrantsi tn 10a
- Tuvi tn 16
- Kaarli pst 7
- Pärnu mnt 26
- Roosikrantsi tn 4c
- Pärnu mnt 38
- Roosikrantsi tn 4a
- Roosikrantsi tn 17
- Õllepruuli tn 6
- Hariduse tn 13
- Roosikrantsi tn 8a
- Roosikrantsi tn 16
- Toom-Kuninga tn 12
- Toom-Kuninga tn 16
- Hariduse tn 1
- Roosikrantsi tn 8
- Roosikrantsi tn 8/1
- Roosikrantsi tn 9
- Suur-Ameerika tn 12
- Tuvi tn 12/1
- Tuvi tn 12/2
- Tuvi tn 12/3
FAQ: Tõnismäe
How much does an apartment cost in Tõnismäe?
According to Maa- ja Ruumiamet the median apartment sale price in Q3 2026 was €3,379/m² (8 sales), with an average size of 52.3 m² and an average price of €181,400.
Is Tõnismäe more expensive than the Kesklinn average?
In Q3 2026 Tõnismäe was −9% against the district median. Comparing like for like — flats of the same building era — the gap is +0%.
What is the rent in Tõnismäe?
The median rental offer of the last 24 months is €780 a month (62.7 m², €12.5/m²; 39 offers, Estiq market database). A typical 2-room flat rents for €740.
How high are housing association costs in Tõnismäe?
Based on 2025 annual reports, the median member fee is €1.87/m² a month, of which repair fund €0.68/m² (21 associations).
How expensive is Tõnismäe compared with other neighbourhoods?
By the Q3 2026 median sale price Tõnismäe ranks 27 of 61 Tallinn neighbourhoods and 13 of 15 in Kesklinn (most expensive first; neighbourhoods with at least 5 sales).
Is it cheaper to buy or to rent in Tõnismäe?
Buying means a loan payment of about €761 a month, renting €740 — about the same. That is 36% (loan) and 35% (rent) of the median gross wage (Tallinn, €2,126 a month, Q2 2026, Statistics Estonia). Assumes a 54.5 m² two-room flat at €184,156 (Q3 2026 sales median), an 80% loan over 25 years at 3.8% and a €36,831 down payment; rent is the median of 17 offers (Estiq market database); association fees, insurance and state fees excluded.
Which district is Tõnismäe in?
Tõnismäe is an asum (neighbourhood) of Tallinn's Kesklinn district, within the official Maa- ja Ruumiamet borders. The district has 20 other asumid.
Where does this data come from?
Sale prices — notarised apartment sales, Maa- ja Ruumiamet; rents — Estiq market database (24 months); wages — Statistics Estonia (PA117); association costs — housing associations' annual reports. Figures refresh with every data load and each states its period and sample — see the methodology.
What is your flat in Tõnismäe worth?
A free automated valuation by address: sales, building register data, rent and surroundings on one page.
Sources and method
- Sale prices: Maa- ja Ruumiamet transaction database, notarised apartment sales, quarterly median €/m² per asum (published from 5 sales). Latest complete quarter: Q3 2026.
- Neighbourhood and district borders: Maa- ja Ruumiamet (EHAK).
- Rent: median rental offers over 24 months inside the asum borders, Estiq market database.
- Housing associations: annual reports (e-Business Register); buildings: Building Register (EHR).
- Methodology · Data built 2026-10-25