Property Prices in Stavanger, Norway

Index Info
Price to Income Ratio: 8.15
Mortgage as Percentage of Income: 61.80%
Loan Affordability Index: 1.62
Price to Rent Ratio - City Centre: 21.12
Price to Rent Ratio - Outside of Centre: 22.87
Gross Rental Yield (City Centre): 4.73%
Gross Rental Yield (Outside of Centre): 4.37%
Rent Per Month
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Apartment (1 bedroom) in City Centre 17,000.00 kr 12,000.00-29,500.00
Apartment (1 bedroom) Outside of Centre 10,272.73 kr 8,000.00-15,000.00
Apartment (3 bedrooms) in City Centre 24,812.50 kr 20,000.00-30,000.00
Apartment (3 bedrooms) Outside of Centre 17,125.00 kr 14,000.00-28,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 6,658.00 kr 4,180.60-9,290.23
Price per Square Feet to Buy Apartment Outside of Centre 4,603.18 kr 2,999.98-6,967.67
Salaries And Financing
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Average Monthly Net Salary (After Tax) 37,169.00 kr
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.48 3.80-6.42

These data are based on 95 entries in the past 18 months from 17 different contributors.
Last update: April 2024

Sources and References
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