Property Prices in Stavanger, Norway

Index Info
Price to Income Ratio: 5.37
Mortgage as Percentage of Income: 40.45%
Loan Affordability Index: 2.47
Price to Rent Ratio - City Centre: 19.29
Price to Rent Ratio - Outside of Centre: 16.56
Gross Rental Yield (City Centre): 5.18%
Gross Rental Yield (Outside of Centre): 6.04%
Rent Per Month
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Apartment (1 bedroom) in City Centre 13,916.67 kr 12,000.00-16,000.00
Apartment (1 bedroom) Outside of Centre 10,666.67 kr 9,500.00-13,000.00
Apartment (3 bedrooms) in City Centre 22,600.00 kr 18,000.00-30,000.00
Apartment (3 bedrooms) Outside of Centre 18,000.00 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) 43,482.80 kr
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.40 3.80-5.00

These data are based on 70 entries in the past 18 months from 15 different contributors.
Last update: November 2024

Sources and References
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