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21447
Strongest rent increase for 3-room dwellings
statistikk
2007-01-24T10:00:00.000Z
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, Q4 2006

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Strongest rent increase for 3-room dwellings

The Rental Market Survey shows that an average monthly rent for a 3-room dwelling amounted to NOK 4 849 in the fourth quarter 2006, up 0.7 per cent from the third quarter. Rents for 2-room dwellings also rose more than the average increase in the same period.

Rents increased on average by 0.4 per cent from the third to the fourth quarter in 2006 in the Norwegian rental market, the same increase as from the second to the third. Rents for 3- and 2-room dwellings increased the most by 0.7 and 0.6 per cent respectively. In the fourth quarter, average monthly rent for a 3- and a 2-room dwelling was NOK 4 849 and 4 361. 1-room dwellings showed a slight rent decrease in the same period.

Minor differences in rent development

There were only minor differences in rent development comparing different geographical areas from the third to the fourth quarter. The rent increases varied from 0.3 to 0.6 per cent. On average tenants in the area of Oslo and Bærum paid NOK 6 390 in the fourth quarter, up 0.5 per cent from the third quarter.

The Rental Market Survey shows that tenants on average paid a monthly rent of NOK 4 633 for a dwelling in the fourth quarter 2006. See Rental Market Survey, 2006 for more information.

Average monthly rents and annual
rents per sqm, by number of rooms.
4th quarter 2006. NOK
Number of rooms Average
monthly rents 		Average annual
rents per sqm
1 room1 3 731 1 282
2 rooms 4 361 1 019
3 rooms 4 849  829
4 rooms 5 097  707
5 rooms or more 5 125  550
1  Lodgings without independent access are omitted.