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Friday, December 9, 2022

Rents rise along with housing prices

Rental rates in Oslo rose again from October to November, according to new figures from rental agency Utleiemegleren. It now costs an average NOK 8,645 a month (USD 1,235) to rent a one-room apartment in the Norwegian capital, up 1.5 percent from the prior month and up 5 percent from last year.

The survey showed that two-room apartments rented for an average NOK 11,448, while three-room apartments rented for NOK 14,285. The rise in rental rates for larger apartments was higher than for one-room flats.

Rental rates slipped in Stavanger, Bergen and Trondheim, but not by much. Two-room apartments in the three other Norwegian cities rented for an average of NOK 11,711, NOK 11,357 and NOK 10,316 respectively, or around USD 1,500 per month.

newsinenglish.no staff

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