Wealth limits

When applying for ARA apartments, the applicant’s wealth must fit within the limits set by the state. Wealth limits apply in all municipalities, but they may vary by municipality. Wealth limits are determined based on the size of the household, and municipalities review them annually.

If your wealth exceeds the wealth limit of the municipality you are applying to, we cannot consider your application in that municipality’s resident selection. Below, you can find the municipality-specific wealth limits and additional information on each municipality’s website.

Wealth includes assets present at the time of application and any assets that the applicant has disposed of in the year prior to the application. Earned income is not counted as wealth. The total debts of the household can be deducted from the wealth.

Wealth includes, for example:

  • Property or shares owned by the applicant, for which a reliable estimate of the property’s selling price is required. You can request a sales valuation from the property manager, real estate agent, or building inspector.
  • Stocks and funds. The value at the time of application is taken into account.

Additionally, you must report any other significant assets as well as any debts and loans you may have.
The value of your owner-occupied residence located in your original municipality can be deducted from the wealth considered if you are moving with your family to another municipality for work reasons, and commuting daily is impractical due to long distances or difficult transportation links.

 

Check the limits by city (Finnish only)

See also the income limits