Rents in Norway are rising again. Prices keep climbing in more regions

In May 2026, rents rose the most in Bergen, up 7.9 percent compared to the previous year. Utleiemegleren points out that areas around Oslo are also experiencing strong growth, especially Asker and Bærum as well as Nedre Romerike. This indicates a broader reach of pressure in the rental market.

In Oslo, rents increased by 5.4 percent. That's less than in several other parts of the country. In Asker and Bærum, the increase was 7.1 percent, and in Nedre Romerike, 6.4 percent. Vestfold recorded a 6.2 percent rise.

Geir Skogheim, sales director at Utleiemegleren, points to demand shifting outside the largest cities. According to him, higher rents in major urban areas are prompting some tenants to look for homes in nearby municipalities and regions. The effect is visible in the data. Price increases are increasingly affecting areas beyond traditional pressure points.

Bergen maintains high momentum. May data confirms that the local market remains one of the tightest in the country. At the opposite end of the ranking are Stavanger and Trondheim, where growth was 3.9 percent in both cities.

Skogheim notes that this is the slowest pace among the largest markets. At the same time, he says this level remains high by historical standards. None of the analyzed markets showed weak development. Utleiemegleren's entire portfolio saw rents rise by 5.7 percent year-on-year.

Other regions are also seeing increases. In Drammen, rents in Utleiemegleren's portfolio rose by 4.8 percent, in Østfold by 5 percent, and in Øvre Romerike by 4.7 percent. The data covers all types of apartments in the company's portfolio.