Property Prices in Bergen, Norway

Index Info
Price to Income Ratio: 7.66
Mortgage as Percentange of Income: 49.53%
Loan Affordability Index: 2.02
Price to Rent Ratio - City Centre: 22.17
Price to Rent Ratio - Outside of Centre: 20.94
Gross Rental Yield (City Centre): 4.51%
Gross Rental Yield (Outside of Centre): 4.78%
Rent Per Month [ Edit ] Avg. Range
Apartment (1 bedroom) in City Centre 9,107.14 kr 7,000.00-10,000.00
Apartment (1 bedroom) Outside of Centre 7,333.33 kr 5,000.00-9,000.00
Apartment (3 bedrooms) in City Centre 16,833.33 kr 15,000.00-20,000.00
Apartment (3 bedrooms) Outside of Centre 13,375.00 kr 12,000.00-15,000.00
Buy Apartment Price [ Edit ] Avg.
Price per Square Feet to Buy Apartment in City Centre 4,141.75 kr 2,787.07-5,109.62
Price per Square Feet to Buy Apartment Outside of Centre 3,130.81 kr 1,486.44-3,716.09
Salaries And Financing [ Edit ] Avg.
Average Monthly Net Salary (After Tax) 25,538.46 kr
Mortgage Interest Rate in Percentages (%), Yearly 2.68 2.00-3.00

These data are based on 100 entries in the past 18 months from 15 different contributors.
Last update: May 2017

Sources and References: Info
No sources and references provided yet.
Add new source here:
Sign up for our newsletter:
Your email address:
Leave a comment:
Your name: Sign In
Your email address (optional):
Your comment (no HTML):

1 Comments so far

#Kim Eikevik on May 29, 2015 :
How much would an older 3 bedroom house rent for monthly in a small town about 1 1/2 hrs north of Bergen on Masfjorden?