Oslo was the Norwegian city with the highest rental prices in the country in 2024. Renting an apartment in the Norwegian capital cost nearly ****** Norwegian kroner per month on average, whereas Bergen ranked second, with an average monthly rent of ****** Norwegian kroner. The average price of residential housings in Norway was also highest in Oslo. The Nordic market Not only was Oslo the city with the highest rents in Norway, but also in the Nordic region. The capital cities of Denmark (Copenhagen) and Finland (Helsinki) ranked second and third respectively, whereas Stockholm ranked last within a list of ** Nordic cities. In contrast, Stockholm was the most expensive city to buy an apartment in. Homeownership in Norway The high renting prices in the Norwegian capital could be explained by the renting market trends in the country. The homeownership rate fluctuated over the past decade, but overall decreased, reaching its lowest rate so far in 2020.

The average monthly rent of residential housing in Norway in 2023 was most expensive in the capital Oslo, amounting more than ** euros per square meter. Trondheim had an average monthly rent of around **** euros per square meter, while it was around **** euros per square meter in Bergen.

As of the third quarter of 2023, Oslo was the city with the highest apartment rent cost within the Nordic countries. It cost around ** euros on average per square meter to rent an apartment in the Norwegian capital at that time. Copenhagen followed closely with an average rent of **** euros per square meter. The Swedish capital Stockholm was among the most affordable cities in the ranking, although that was one of the most expensive cities to buy an apartment in.

Oslo was the Norwegian city with the most expensive apartments and houses in 2024. In March that year, the average price per residential property in the Norwegian capital was approximately *** million Norwegian kroner. The city above the polar circle, Tromsø ranked second, with housing units costing on average nearly *** million Norwegian kroner. In 2019, there were over nine thousand dwellings sold in Norway. Housing types The largest share of Norwegian residential housing units in 2023 were detached houses, accounting for nearly half of the total housing market in the country. Moreover, a quarter of all occupied and vacant dwellings that year were blocks of flats and over one fifth were houses with two dwellings or row houses. Where are properties the most expensive? Within selected global property markets, Hong Kong had the most expensive housing prices in 2020. An average property would cost roughly **** million U.S. dollars in the former British colony. Munich ranked second, where the average property price amounted to roughly *********** U.S dollars.

The most expensive area for renting warehouses with space over ***** square meters in the Nordics in the fourth quarter of 2023 was Oslo. After London, the Norwegian capital was also the second-most expensive market in Europe. The annual cost per square meter in Oslo reached *** euros that quarter. Headline rent refers to the rental costs after any rent-free periods or incentives, excluding taxes and charges. Prime properties are the buildings of the highest quality and best locations.

Oslo was the Norwegian city with the highest average price per square meter for residential property in March 2024. The prices in the Norwegian capital reached over ****** Norwegian kroner per square meter. The country's average that year was around ****** Norwegian kroner.

The house price to rent ratio in Norway declined slightly in 2023, after peaking in the second quarter of 2022. In the third quarter of 2024, the house price to rent index stood at ***** index points, down from ***** index points during the same period the year before. The house price to rent ratio is calculated by dividing nominal house prices by rent prices, with 2015 as a base year when the index value was set to 100. A value of *** shows that house price growth has outpaced rental growth by ** percent since 2015. Norway's house price to rent ratio was below that of the OECD average.

The annual headline prime rent costs per square meter for warehouses over ***** square meters in the occupier logistics markets in the United Kingdom has increased since 2014. In London, the annual rent for the properties of highest quality and specification and in the best locations amounted to *** euros per square meter annually as of first quarter of 2025. This figure refers to the rent payable after rent-free periods and incentives, and excludes taxes and charges. After London, the capital of Norway, Oslo, was the city with the most expensive warehouse rents.