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Highest rent increase for 1-room dwellings
statistikk
2011-10-21T10:00:00.000Z
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
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Rental market survey, Q3 2011

Variants of the statistics:

Content

Published:

This is an archived release.

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Highest rent increase for 1-room dwellings

The average monthly rent for all tenants rose 0.4 per cent from the second to the third quarter 2011. The average monthly rent was NOK 6 172 for all types of housing.

The rental market survey showed that average rents increased the most in Akershus excluding Bærum, with 1.1 per cent from the second to third quarter 2011. The average monthly rent in Oslo including Bærum, Bergen, Trondheim, Stavanger and Tromsø rose 0.5 per cent in the same time period. The smallest urban settlements and sparsely populated areas had the lowest increase in this quarter; up only 0.1 per cent.

In Oslo and Bærum, the average monthly rent was NOK 8 592 in the third quarter. This corresponds to NOK 1 952 annual average rent per square metre.

Highest increase for dwellings with one room

For dwellings with one room, the rents increased by 0.8 per cent from the second to the third quarter. The lowest increase in this quarter was for dwellings with five rooms, where rents went up 0.1 per cent.

See the rental market survey for more information .

Average monthly and yearly rents, by number of rooms. NOK
  Average
monthly rents,
3rd quarter 2011 		    Average yearly
rents per sqm,
3rd quarter 2011
Total 6 172 1 188
     
1 room1 4 910 1 915
2 rooms 5 443 1 295
3 rooms 6 440 1 123
4 rooms 6 979  945
5 rooms or more 7 188  815
1  Lodgings without independent access are omitted.

About the interpretation of the average estimates

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 note that average rent levels are not directly comparable between years. The reason is that each annual survey is based on unique samples that may differ according to variables that are important for the rent level.

Annual numbers are projected each quarter based on the index for actual rentals paid by tenants in the Consumer Price Index.