The average gross rental yield in Norway stands at 4.28% (Q2, 2023).

• Oslo
• Bergen
• Trondheim

		Last Updated: Aug. 24, 2023
OSLO - Apartments	COST (€)		YIELD (p.a.)
	TO BUY	MONTHLY RENT
Oslo - All Locations
1-Bedroom	€379,731	€894	2.83%
2-Bedroom	€558,428	€1,162	2.50%
3-Bedroom	€777,332	€1,340	2.07%
4-Bedroom	€834,899	€1,693	2.43%
Oslo avg. Rental Yields			2.46%
BERGEN - Apartments	COST (€)		YIELD (p.a.)
	TO BUY	MONTHLY RENT
Bergen (all locations)
1-Bedroom	€249,282	€1,072	5.16%
2-Bedroom	€332,376	€1,251	4.52%
3-Bedroom	€365,435	€1,514	4.97%
4-Bedroom	€434,758	€1,787	4.93%
Bergen avg. Rental Yields			4.90%
TRONDHEIM - Apartments	COST (€)		YIELD (p.a.)
	TO BUY	MONTHLY RENT
Trondheim (all locations)
1-Bedroom	€242,571	€759	3.75%
2-Bedroom	€339,056	€1,162	4.11%
3-Bedroom	€456,636	€1,474	3.87%
4-Bedroom	€551,590	€2,001	4.35%
Trondheim avg. Rental Yields			4.02%
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 and Rubrikk

Research Methodology: To conduct this research, we searched for studio, 1-bedroom, 2-bedroom, 3-bedroom, and 4-bedroom apartments in the largest cities of Norway. We used the local real estate listing website for both buying and renting prices to determine the average gross rental yields (Monthly Rent x 12 / Purchase Price).

For instance, if the monthly rent is €500 and the purchase price is €100,000, the calculation would be: €500 (Monthly Rent) x 12 / €100,000 (Purchase Price) = 6% (Gross Rental Yield).