Property Prices in Stavanger, Norway

Index Info
Price to Income Ratio: 7.37
Mortgage as Percentage of Income: 51.74%
Loan Affordability Index: 1.93
Price to Rent Ratio - City Centre: 21.68
Price to Rent Ratio - Outside of Centre: 24.10
Gross Rental Yield (City Centre): 4.61%
Gross Rental Yield (Outside of Centre): 4.15%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 11,312.50 kr 10,000.00-13,000.00
Apartment (1 bedroom) Outside of Centre 8,444.44 kr 7,000.00-10,000.00
Apartment (3 bedrooms) in City Centre 20,571.43 kr 18,000.00-24,000.00
Apartment (3 bedrooms) Outside of Centre 13,750.00 kr 12,000.00-15,000.00
Buy Apartment Price
Price per Square Feet to Buy Apartment in City Centre 4,993.50 kr 4,180.60-7,432.18
Price per Square Feet to Buy Apartment Outside of Centre 3,948.35 kr 3,251.58-4,645.11
Salaries And Financing
Average Monthly Net Salary (After Tax) 32,650.00 kr
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.60 2.00-4.99

These data are based on 76 entries in the past 18 months from 13 different contributors.
Last update: June 2023

Sources and References
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