Property Prices in Norway

Index
Price to Income Ratio:	8.14
Mortgage as Percentage of Income:	52.98%
Loan Affordability Index:	1.89
Price to Rent Ratio - City Centre:	27.54
Price to Rent Ratio - Outside of Centre:	24.23
Gross Rental Yield (City Centre):	3.63%
Gross Rental Yield (Outside of Centre):	4.13%

Rent Per Month	Edit	Range
Apartment (1 bedroom) in City Centre	10,112.19 kr	7,500.00-14,000.00
Apartment (1 bedroom) Outside of Centre	7,913.67 kr	6,000.00-11,000.00
Apartment (3 bedrooms) in City Centre	16,463.99 kr	12,000.00-25,000.00
Apartment (3 bedrooms) Outside of Centre	12,811.14 kr	10,000.00-18,000.00
Buy Apartment Price	Edit
Price per Square Feet to Buy Apartment in City Centre	5,401.87 kr	3,251.58-9,290.23
Price per Square Feet to Buy Apartment Outside of Centre	3,709.96 kr	2,322.56-6,503.16
Salaries And Financing	Edit
Average Monthly Net Salary (After Tax)	30,123.59 kr
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	2.76	2.00-4.00

These data are based on 1911 entries in the past 18 months from 313 different contributors.
Last update: June 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