Property Prices in Norway

Index
Price to Income Ratio:	8.48
Mortgage as Percentage of Income:	55.35%
Loan Affordability Index:	1.81
Price to Rent Ratio - City Centre:	28.41
Price to Rent Ratio - Outside of Centre:	24.91
Gross Rental Yield (City Centre):	3.52%
Gross Rental Yield (Outside of Centre):	4.02%

Rent Per Month	Edit	Range
Apartment (1 bedroom) in City Centre	10,086.91 kr	7,500.00-14,000.00
Apartment (1 bedroom) Outside of Centre	7,910.03 kr	6,000.00-10,009.14
Apartment (3 bedrooms) in City Centre	16,364.92 kr	12,000.00-25,000.00
Apartment (3 bedrooms) Outside of Centre	12,827.03 kr	10,000.00-18,000.00
Buy Apartment Price	Edit
Price per Square Feet to Buy Apartment in City Centre	5,551.07 kr	3,251.58-9,290.23
Price per Square Feet to Buy Apartment Outside of Centre	3,815.11 kr	2,322.56-6,503.16
Salaries And Financing	Edit
Average Monthly Net Salary (After Tax)	29,711.66 kr
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	2.78	2.00-4.00

These data are based on 1862 entries in the past 18 months from 308 different contributors.
Last update: March 2021
Our data for each country are based on all entries from all cities in that country.

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By City in Norway