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26.04.2012 - Oslo
Highest rent increase for 2-room dwellings in Norway
The average monthly rent for all tenants rose 0.8 per cent from the fourth quarter in the first quarter of 2012.
Photo : Punkmorten | The Norwegian rental market is characterised by large variations in rents due to geography, physical unit attributes, relations between tenants and landlords and period of tenancy.
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The rental market survey by Statistics Norway (SSB) showed that the development in average rents has been similar throughout the different geographical regions. As expected, the average monthly rent in Oslo including Bærum showed the highest rent level, with an average monthly rent of NOK 8 961 in the first quarter of 2012.
Highest increase for dwellings with two rooms
For dwellings with two rooms, rents increased by 1.1 per cent from the fourth quarter 2011 to the first quarter 2012. The lowest increase in this quarter was for dwellings with one room, where rents went up by 0.5 per cent.
| Average monthly rents, Q1 2012 | Average yearly rents per sqm, Q1 2012 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 room1 | 4 995 | 2 027 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 2 rooms | 5 798 | 1 399 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 3 rooms | 6 682 | 1 157 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 4 rooms | 7 103 | 952 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 5 rooms or more | 7 446 | 843 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 1 | Lodgings without independent access are omitted. |
SSB
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