Poverty and living standards in Karelya Rep., Russia: official figures
Banks issued 3,297 mortgage loans to households in the Republic of Karelia in 2025 (14th lowest of 82 regions by number), down 24.5% on the 4,368 issued in 2024.
What is the average mortgage size in the Republic of Karelia?
A typical new home loan in the Republic of Karelia averaged 3.76 million roubles in 2025, 18.2% below the Russian average and 19th smallest of 82 regions.
Source: Bank of Russia · saved copyHow much mortgage lending was there in the Republic of Karelia?
Mortgage lending in the Republic of Karelia totalled 12.4 billion roubles in 2025, 0.28% of all mortgage lending in Russia that year.
Source: Bank of Russia · saved copyAre mortgages in the Republic of Karelia rising or falling in 2026?
From January to August 2026, 2,665 mortgages were issued in the Republic of Karelia, up 63.9% on the same months of 2025 (nationally the number rose 31.9%).
Source: Bank of Russia · saved copyWhat is the average mortgage rate in the Republic of Karelia?
The weighted average interest rate on new rouble housing loans in the Republic of Karelia was 9.19% in August 2026, compared with 7.56% a year earlier; the national rate was 10.09%.
Source: Bank of Russia · saved copyHow long are mortgages in the Republic of Karelia?
Housing loans granted in the Republic of Karelia in August 2026 ran for 23.1 years on average (277 months), against 23.8 years nationally.
Source: Bank of Russia · saved copyHow Karelya Rep. compares with other first-level divisions
Mortgage loans issued to households (2025)
Karelya Rep. ranks 69 of 82, highest first.
| Rank | Region | Mortgage loans issued to households |
|---|---|---|
| 66 | Kostromskaya Oblast | 3,724 |
| 67 | Tyva Rep. | 3,670 |
| 68 | Khakasiya Rep. | 3,343 |
| 69 | Karelya Rep. | 3,297 |
| 70 | Pskovskaya Oblast | 3,281 |
| 71 | Novgorodskaya Oblast | 3,092 |
| 72 | Adygeya Rep. | 2,901 |
Average mortgage loan size (roubles) (2025)
Karelya Rep. ranks 64 of 82, highest first.
| Rank | Region | Average mortgage loan size (roubles) |
|---|---|---|
| 61 | Vladimirskaya Oblast | 3.81 million |
| 62 | Penzenskaya Oblast | 3.77 million |
| 63 | Tambovskaya Oblast | 3.77 million |
| 64 | Karelya Rep. | 3.76 million |
| 65 | Ivanovskaya Oblast | 3.74 million |
| 66 | Yaroslavskaya Oblast | 3.71 million |
| 67 | Novgorodskaya Oblast | 3.69 million |
Average interest rate on new rouble housing loans (August 2026)
Karelya Rep. ranks 66 of 82, highest first.
| Rank | Region | Average interest rate on new rouble housing loans |
|---|---|---|
| 63 | Severnaya Osetiya-alaniya Rep. | 9.26% |
| 64 | Kamchatskaya Oblast | 9.24% |
| 65 | Kurskaya Oblast | 9.20% |
| 66 | Karelya Rep. | 9.19% |
| 67 | Magadanskaya Oblast | 9.15% |
| 68 | Rostovskaya Oblast | 9.10% |
| 69 | Dagestan Rep. | 8.68% |
More on Karelya Rep.: overview · economy and jobs · government budget · government and politics · Russia
Sources
- Bank of Russia: Volume of mortgage housing loans granted to resident individuals, by federal subject, monthly (million roubles), read 23 October 2026 · saved copy (SHA-256 dd8b0b9c3a28…)
- Bank of Russia: Weighted average term and interest rate on housing loans granted to resident individuals, by federal subject, monthly, read 23 October 2026 · saved copy (SHA-256 c79bc01eed4d…)
- Bank of Russia: Number of mortgage housing loans granted to resident individuals, by federal subject, monthly, read 23 October 2026 · saved copy (SHA-256 aaf91ddb85b3…)
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