Property for rent in Norway
In Norway the rental property market does not offer a huge choice because the Norwegians prefer to buy the house but also because the prices of properties for rent in Norway are very high.
However, in the capital Oslo and in the neighbouring municipality of Bærum, housing prices are rising faster than rents for various reasons: many investors bought apartments to rent and this reduces prices of properties for rent.
Another reason is the fact that owning a home is substantially cheaper than renting a property thanks to state aid for buyers.
In Norway, there are different types of properties for rent:
- Hybel which is basically a studio apartment, specifically the basement of a large independent family home. A hybel is generally a room with a small kitchenette and a sofa bed, although some may have a separate bedroom. The bathroom is separate and sometimes it is shared with an adjacent hybel. It is a type of property for rent in Norway very common among students.
- Kollektiv that in particular is a room in a shared house. It is a popular property for rent among students and young people in Norwegian cities, but more and more professionals choose it to save money.
- A leilighet is an apartment, a very common way of living for young professionals and foreigners who have to live in Norway for some time.
If you are looking for a property for rent in Norway, the capital Oslo offers more possibilities. The most sought-after neighbourhoods for rental properties are Bjørvika and Grünerløkka, a former working-class district with shops, bars and cafes.
Oslo East is the most economical area for properties for rent, it is the medieval area of the city and the most rented property offerings are Gamlebyen and Ekeberg, the historic areas.
The West area of Oslo is the most exclusive and prestigious in terms of properties for rent that here are more expensive. The area is full of exclusive shops and the best properties for rent are located in the neighbourhoods of Frogner, Briskeby and Bygdøy allé where you can admire elegant bourgeois buildings.
Those interested in properties for rent in a more dynamic and lively area can choose to look for it in the centre of Oslo full of life and nightlife.
For those who prefer to search for properties for rent in a quieter area of Norway and with more moderate prices, the university town of Bergen is a great place, but not to be underestimated Stavanger, Trondheim and Tromso.