Property Prices in Stavanger, Norway

Index Info
Price to Income Ratio: 5.59
Mortgage as Percentage of Income: 42.40%
Loan Affordability Index: 2.36
Price to Rent Ratio - City Centre: 19.38
Price to Rent Ratio - Outside of Centre: 17.36
Gross Rental Yield (City Centre): 5.16%
Gross Rental Yield (Outside of Centre): 5.76%
Rent Per Month
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Apartment (1 bedroom) in City Centre 13,700.00 kr 12,000.00-20,000.00
Apartment (1 bedroom) Outside of Centre 10,250.00 kr 8,500.00-13,000.00
Apartment (3 bedrooms) in City Centre 22,833.33 kr 18,000.00-28,000.00
Apartment (3 bedrooms) Outside of Centre 17,000.00 kr 14,000.00-25,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 5,202.53 kr 3,716.09-8,361.20
Price per Square Feet to Buy Apartment Outside of Centre 3,479.97 kr 2,787.07-6,038.65
Salaries And Financing
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Average Monthly Net Salary (After Tax) 41,780.89 kr
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.48 3.80-5.00

These data are based on 75 entries in the past 18 months from 14 different contributors.
Last update: July 2024

Sources and References
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