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How much does it cost to rent in Norway’s major cities? 

New data from Norway's national statistics agency sets out average rental costs in Oslo's districts compared with other major Norwegian cities.

Pictured is Aker Brygge in Oslo.
The rental market survey has revealed which how much it costs to rent in each of Norway's major cities. Pictured is Aker brygge in Oslo. Photo by Gunnar Ridderström on Unsplash

Oslo is the expensive city in Norway in terms of rent, according to Statistics Norway’s rental market survey for 2021

A 50 square-metre 2-room dwelling in Oslo or Bærum would cost around 12,310 kroner per month in rent. This is 29 percent higher than the national average for a similar home. 

The survey took into account the estimated price of renting in different districts of the capital. For example, in ​​Frogner, Ullern, Sentrum and St. Hanshaugen, the monthly rent is expected to be around 12,700 kroner per month. In contrast, similar housing in Søndre Nordstrand, Grorud, Stovner and Alna will cost approximately 11,200 kroner per month. 

The city also had the highest number of professional landlords, according to the survey. Just over 40 percent of those who participated in the survey in Oslo said they were renting from a full-time landlord. In Bergen and Tronheim, the number of those renting from professional landlords was 29 percent and 35 percent, respectively. 

Trondheim was the second costliest city to rent, depending on the part of town, with Midtbyen, Østbyen and Nedre Elvehavn areas of the city estimated to cost between 10,500 per month and rental property in Lerkendal and Heimdal estimated to average around 9,900 kroner. 

READ MORE: Eight things to know when renting an apartment in Norway

Tromsø, lovingly referred to as the ‘Paris of the north’, was the next most expensive place to call home for renters. The average cost in the city was around 10,500 kroner a month. 

Bergen is the fourth most expensive place to rent, with a dwelling in Bergenhus costing the same as the most popular parts of Trondheim and Tromsø. However, its other districts averaged around 9,300 kroner per month, making the city cheaper overall than Trondheim and Tromsø.

Stavanger was the second least expensive city to rent, with a two-bedroom place estimated to set renters back 8,900 kroner per month. 

According to the survey, Kristiansand was the cheapest city for tenants, with a 2-room dwelling coming in at around 8,000 kroner in 2021. The price of renting in the town was also estimated to have fallen by more than 10 percent since 2020. 

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PROPERTY

What paperwork do you need to buy a house in Norway

Before putting in an offer on your dream home, you'll have to make sure all your paperwork is in order. So, what documentation do you need to buy property in Norway? 

What paperwork do you need to buy a house in Norway

Buying a house comes with plenty of things to think about, endless viewings, hours spent going through listings, the bidding process and getting a mortgage in place. 

With all this to worry about, it can make it easy to overlook the paperwork you’ll need to make it all come together and get the keys to your own place or take another step up on the property ladder.

Let’s face it, none of us like bundles of red tape and sifting through the documents, so it’s better to be prepared rather than stress later down the line. 

The first step to buying a home in place for many will be getting a mortgage or loan in place. 

READ MORE: How easy is it to get a mortgage in Norway as a foreign resident?

The documents you need will vary, but generally, you’ll need your financial records, such as payslips, as proof of your income. In addition, the bank may ask for your tax records too. You will also need a Norwegian Identification Number, such as a D-number or Personummer. You will not be able to secure a mortgage or buy any property without the ID number. 

Another hurdle could be a lack of credit history in Norway if you have been in the country for less than a year, sometimes longer. The lack of credit history, which doesn’t carry over from the country you came from, could hold up the process or prevent you from getting a mortgage entirely. 

There are no hard and fast rules to what banks will ask for, though, so you may also need proof of residence and an employment contract handy.  

Once your mortgage is approved, you’ll receive the all-important official mortgage approval document; you’ll be ready to begin looking at homes. This document can take between one and two weeks to arrive. 

During the viewing process, two documents have essential information with crucial information about the property, and even though you won’t need them to purchase the place, they’ll inform your decision. 

Firstly there’ll be a prospectus where you can learn about the structure of the home and the surrounding area. 

Secondly, there is the boligsalgsrapport (property report) which will be an overview of the state of the house and include technical aspects of the house such as the drainage, foundation, roof and other areas of the home.

You’re ready to bid on houses or put in offers with all this in place. 

These documents will cover which parts of the house may need costly renovation or whether it’s part of a property association, which could mean costly fees.

When you place a bid, the estate agent will ensure you have financing in place by checking with the bank, so if you haven’t secured your mortgage approval document, your offer will be rebuffed, and you’ll likely be left disappointed.

Making offers or placing a bid will typically take place digitally. 

READ MORE: Norway’s house bidding process explained

When placing a bid, you will need to use bankID to confirm your identity. BankID is a form of digital identification issued by financial institutions. As with the mortgage process, you will need a Norwegian identification number (D-number/Personnummer) to hand. 

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