City has approximately 41,400 flats to be used for rented housing. There are over 80,000 residents living in these State-subsidised (ARAVA) rental dwellings.
Municipal rented flats are a relatively inexpensive form of housing, compared with the average housing costs within the Helsinki metropolitan area; the average rent in 2006 is 8.14 euros per square meter.
The rental of these flats is the responsibility of the Housing Affairs Division of the Helsinki City Real Estate Department. The Division also grants loans and subsidies for home acquisition, building and repairs.