Year: 2026 2025 2024
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Trondheim, Norway

Property prices · 2024 · Europe

Price/sqm — City Centre NOK 55,000
Price/sqm — Outside Centre NOK 40,000
1-Bed Rent / Month NOK 12,000
3-Bed Rent / Month NOK 19,000
Avg Mortgage Rate 4.00%
Price-to-Rent Ratio 23.0x Renting is generally more cost-effective

Property price trend in Trondheim (2024–2026)

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Property comparison — cities in Norway (2024)

City Centre /sqm Outside /sqm 1-Bed Rent vs Trondheim
Trondheim NOK 55,000 NOK 40,000 NOK 12,000
Oslo NOK 92,000 NOK 65,000 NOK 18,000 +67.3%
Bergen NOK 65,000 NOK 48,000 NOK 13,500 +18.2%

Other Europe cities (2024)

Frequently asked questions

How much does property cost in Trondheim in 2024?

In Trondheim, the average price per sqm in the city centre is NOK 55,000, and NOK 40,000 outside the centre (2024 data). Prices have risen 8% since 2024.

How much is rent in Trondheim in 2024?

A 1-bedroom apartment in Trondheim rents for approximately NOK 12,000 per month in 2024. A 3-bedroom apartment costs around NOK 19,000/month.

Is it better to buy or rent in Trondheim?

Renting is generally more cost-effective in Trondheim. The price-to-rent ratio is 23.0x — it would take approximately 23.0 years of rental payments to equal the property purchase price. Current mortgage rates are approximately 4.00%.

What are mortgage rates in Norway in 2024?

The average mortgage rate in Norway is approximately 4.00% as of 2024. With a price-to-rent ratio of 23.0x, buyers should carefully weigh mortgage costs against rental savings.

What is the price per sqm in Trondheim?

The average property price per square metre in Trondheim city centre is NOK 55,000 in 2024. Outside the centre, expect to pay around NOK 40,000/sqm.

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