Year: 2026 2025 2024
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Bergen, Norway

Property prices · 2025 · Europe · Price +4.5% vs 2024

Price/sqm — City Centre NOK 67,925
Price/sqm — Outside Centre NOK 50,160
1-Bed Rent / Month NOK 14,107
3-Bed Rent / Month NOK 21,945
Avg Mortgage Rate 4.00%
Price-to-Rent Ratio 24.0x Renting is generally more cost-effective

Property price trend in Bergen (2024–2026)

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Property comparison — cities in Norway (2025)

City Centre /sqm Outside /sqm 1-Bed Rent vs Bergen
Bergen NOK 67,925 NOK 50,160 NOK 14,107
Oslo NOK 95,680 NOK 67,600 NOK 18,720 +40.9%
Trondheim NOK 57,475 NOK 41,800 NOK 12,540 -15.4%

Other Europe cities (2025)

Frequently asked questions

How much does property cost in Bergen in 2025?

In Bergen, the average price per sqm in the city centre is NOK 67,925, and NOK 50,160 outside the centre (2025 data). Prices have risen 8% since 2024.

How much is rent in Bergen in 2025?

A 1-bedroom apartment in Bergen rents for approximately NOK 14,107 per month in 2025. A 3-bedroom apartment costs around NOK 21,945/month.

Is it better to buy or rent in Bergen?

Renting is generally more cost-effective in Bergen. The price-to-rent ratio is 24.0x — it would take approximately 24.0 years of rental payments to equal the property purchase price. Current mortgage rates are approximately 4.00%.

What are mortgage rates in Norway in 2025?

The average mortgage rate in Norway is approximately 4.00% as of 2025. With a price-to-rent ratio of 24.0x, buyers should carefully weigh mortgage costs against rental savings.

How have property prices in Bergen changed?

Property prices in Bergen have changed +4.5% vs 2024. Since 2024, prices have increased by 8%. Use the year tabs above to compare prices across years.

What is the price per sqm in Bergen?

The average property price per square metre in Bergen city centre is NOK 67,925 in 2025. Outside the centre, expect to pay around NOK 50,160/sqm.

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