Gross rental yields in Norway: Oslo, Bergen and Trondheim
The average gross rental yield in Norway stands at 4.28% (Q3, 2024).
Cities compared
- Oslo
- Bergen
- Trondheim
Historical rental yields in Norway
View the full rental yield dataset (2024 - Present)
| Last Updated: June 19, 2024 Next Update: May 2025 |
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| OSLO - Apartments | COST (€) | YIELD (p.a.) | ||
| TO BUY | MONTHLY RENT | |||
| Oslo - All Locations | ||||
| Studio & 1-Bedroom | €392,718 | €1140 | 3.48% | |
| 2-Bedroom | €586,349 | €1,750 | 3.58% | |
| 3-Bedroom | €804,198 | €2,145 | 3.20% | |
| 4+Bedroom | €856,309 | €2,663 | 3.73% | |
| Oslo avg. Rental Yields | 3.50% | |||
| BERGEN - Apartments | COST (€) | YIELD (p.a.) | ||
| TO BUY | MONTHLY RENT | |||
| Bergen (all locations) | ||||
| Studio & 1-Bedroom | €251,746 | €560 | 2.67% | |
| 2-Bedroom | €338,995 | €1,420 | 5.03% | |
| 3-Bedroom | €357,707 | €1,603 | 5.38% | |
| 4+Bedroom | €393,534 | €2,134 | 6.51% | |
| Bergen avg. Rental Yields | 4.90% | |||
| TRONDHEIM - Apartments | COST (€) | YIELD (p.a.) | ||
| TO BUY | MONTHLY RENT | |||
| Trondheim (all locations) | ||||
| Studio & 1-Bedroom | €222,369 | €563 | 3.04% | |
| 2-Bedroom | €306,787 | €1,252 | 4.90% | |
| 3-Bedroom | €406,681 | €1,452 | 4.28% | |
| 4+Bedroom | €460,146 | €2,145 | 5.59% | |
| Trondheim avg. Rental Yields | 4.45% | |||
| All yields are gross - i.e., before taxes, repair costs, ground rents, estate agents fees, and any other costs. Net yields (what you'll really earn) are typically around 1.5% to 2% lower. Source: Global Property Guide, Rentberry and PrivatMegleren |
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Research Methodology:
Our rental yield analysis is conducted biannually to ensure up-to-date insights. We assess 1-bedroom, 2-bedroom, 3-bedroom across the largest cities in Norway, comparing median rental prices with median purchase prices to determine gross rental yields.
We source data from a leading local property platform, capturing both asking rents and list prices to reflect current market conditions. The gross rental yield is calculated using the following formula:
(Median Monthly Rent × 12) ÷ Median Purchase Price × 100
For example, if the median monthly rent is €500 and the median purchase price is €100,000, the yield is calculated as:
(€500 × 12) ÷ €100,000 = 6% Gross Rental Yield
Note: NET yields vary from country to country, but are usually 1.5-2% lower.