REVEALED: Norway's most expensive cities to rent

Frazer Norwell
Frazer Norwell - [email protected] • 22 Dec, 2022 Updated Thu 22 Dec 2022 11:29 CEST
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Figures have revealed the cost of renting in Norway's biggest cities. Pictured is Kristiansand in southern Norway. Photo by Gunnar Ridderström on Unsplash

New data from Norway’s national statistics agency has revealed the cost of renting in Norway’s biggest cities.

Norway’s capital, Oslo, is the most expensive place to rent in Norway, according to the national data agency Statistics Norway’s rental market survey for 2022.

A 2-room apartment of around 50 square metres in the Oslo districts of Sentrum, Frogner, Ullern and St. Hanshaugen costs 13,200 kroner a month.

A similar place in the districts of Grünerløkka, Gamle Oslo, Sagene and Nordre and Vestre Aker set tenants back an average of 12,900 kroner per month.

Meanwhile, Søndre Nordstrand, Grorud, Stovner and Alna were the cheapest places to rent in Oslo, costing residents around 11,700 kroner per month to rent.

Comparatively, renting in Bergen costs between 10,600 and 9,700 kroner a month, depending on how centrally one chooses to live.

Despite Bergen being the second largest city in Norway, it wasn’t the second most expensive. Instead, that dubious honour went to Trondheim.

The cost of renting in Midtbyen, Østbyen and Nedre Elvehavn cost 10,900 kroner a month. Lerkendal and Heimdal were around 800 kroner cheaper per month to rent in, according to the figures.

Tromsø is the third most expensive place to rent in Norway. A medium-sized flat in the Arctic capital set renters back 10,700 kroner.

Norway’s oil capital, Stavanger, saw average rents in the city increase by around 300 kroner to 9,200 kroner a month in 2022.

Staying in the south, Kristiansand was the cheapest of Norway’s big cities to rent- despite rent prices rising by 5 percent between last year and this year. The cost of a two-room apartment in Kristiansand is 8,400 kroner.

Those who have entered into contracts this year, on average, paid more than those who signed their terms before 2022. Those who signed contracts this year paid around 8 percent more than those who saw the ink dry on their tenancy in 2021.

Furthermore, those in Oslo tended to be more likely to rent from a professional landlord. Around 44 percent of tenants in the capital were staying in a property owned by a professional landlord. Comparatively, 29 percent of those in Bergen rented from a full-time landlord, while around a fifth did so in Stavanger.

READ ALSO: How much will property prices in Norway fall by in 2023?

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Frazer Norwell 2022/12/22 11:29

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