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21427
Rents in Oslo and Bærum rose the most
statistikk
2009-08-20T10:00:00.000Z
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, Q2 2009

Variants of the statistics:

Content

Published:

This is an archived release.

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Rents in Oslo and Bærum rose the most

According to the rental market survey, rents in Oslo and Bærum rose the most from the first to the second quarter of 2009. The average monthly rent here was NOK 7 438 in the second quarter of 2009; an increase of 1.0 per cent from the first quarter of 2009.

Tenants paid on average a monthly rent of NOK 5 436 in the second quarter of 2009; an increase of 0.6 per cent from the first quarter. In Bergen, Trondheim, Stavanger and Tromsø the average monthly rent was NOK 6 078; also an increase of 0.6 per cent. In sparsely populated areas, the average rent rose markedly less, by 0.2 per cent. Here the average rent was NOK 4 054 per month.

Increased rents by number of rooms

Five room dwellings had on average a monthly rent of NOK 6 317; an increase of 1.0 per cent from the first to the second quarter in 2009. Average rent for three and four room dwellings increased by 0.6 and 0.7 per cent respectively in the same period. Rents for two room dwellings increased less - by 0.2 per cent. The average rent for a one room dwelling was NOK 4 246; an increase of 0.9 per cent. The rental market survey covers both old and new tenancy agreements.

See the rental market survey for more information .

Average monthly and yearly rents by number of rooms. NOK
  Average monthly rents,
2th quarter 2009 		Average yearly rents per sqm,
2th quarter 2009
Total 5 436 1 037
     
1 room1 4 246 1 804
2 rooms 4 918 1 157
3 rooms 5 615  958
4 rooms 6 065  813
5 rooms or more 6 317  699
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 notice 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 Consumer Price Index, .more exactly the index for actual rentals paid by tenants.