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21429
Highest rents in Oslo and Bærum
statistikk
2009-06-17T10:00:00.000Z
Prices and price indices;Construction, housing and property
en
lmu, Rental market survey, letting, rent, rents per square metre, dwelling types, lessor categories (for example family, local authority, employer), dwelling sizeDwelling and housing conditions , House prices and house price indices , Construction, housing and property, Prices and price indices
false

Rental market survey, 2009

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Highest rents in Oslo and Bærum

The rental market survey 2009 shows that housing rents are highest in Oslo including Bærum. In this area, the average monthly rent is NOK 7 365. On a national basis the average monthly rent is NOK 5 405.

Geographical location is a crucial explanatory variable with regard to rent differences. The survey shows that the most densely populated areas have the highest rents. Tenants living in Oslo including Bærum pay higher monthly rents than in any other part of Norway. In this area, tenants pay an average of NOK 6 811 and NOK 8 320 in rent per month for a two and three-room dwelling.

At a national level, the average monthly rent for a two-room dwelling is NOK 4 907, while the rent for a three-room dwelling is NOK 5 583 on average.

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. The average estimates must therefore be treated with some caution. It is also important to emphasise that average rent levels from previous years are not directly comparable since the survey is based on unique samples each year that may differ according to variables that are important for the rent level.

The rental market in Norway has elements of subsidies, i.e. tenancies with family and friends and major landlords such as municipalities and student organisations. The deregulated private rental market consists of private individuals letting out dwellings or parts of their own dwelling (not to family and friends), and private landlords or private letting agencies. These cover approximately 65 per cent of the Norwegian rental market.

The proportion of tenants in younger age groups is relatively high, thus shorter tenancies dominate.

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