The issues of the management and administration process of multi-apartment residential houses give rise to a complex problem that affects the interests of the residents and owners, as well as interests of individual regions and the state as a whole. The housing policy is a topical political planning document that must be developed at both — the state and local government level, thus supporting the solution of the multi-apartment residential houses management and administration problems. Within the framework of this study, publicly available data on housing stock, demographic situation, as well as related financial data were collected, analysed and compared. Quantitative and qualitative research methods have been used in order to analyse publicly available data. The results of the study show that, depending on the capacity of the municipal budget and the degree of interest in the development of the very municipality, the role of the municipality and the possibilities to develop a high-quality multi-apartment residential houses renewal strategy in the municipality should be evaluated. The scientific result of the study provides an opportunity to determine the significance of the trend of factors influencing multi-apartment residential houses renewal strategy in relevance of housing policy in Latvia in general and in its regions.