Finding a home in a new country can be a confusing and challenging process. Luckily, it doesn't have to be that difficult – and in Norway, it is also quite safe.
Rental price in Trondheim per 1 January 2023 (source):
Avg. monthly rent for two-room apartment: NOK 10 160 / €877 (converted August 2023)
Avg. annual rents per sqm: NOK 2 730 / €235 (converted August 2023)
Renting a dwelling a bit further from the city centre usually means lower cost. Even if your place of work is in Trondheim city centre you can easily get there by bus or train and live in areas with a lower rental cost.
Buy or Rent
Deciding whether to rent or buy your new home is not a decision to take lightly. Different factors such as the duration of your stay, your economic situation, and the size of your family all have to factor in.
In Norway, as much as three quarters of all households own their own property. Still, not everyone has the means to buy their own house or apartment, which makes for a solid and safe rental market as well.
FINN.no real estateFINN is Norway's biggest marketplace for renting or buying a home.
Hybel.noHybel.no is a widely used listing for rented and shared flats.
UtleiemeglerenSome real estate agencies also specialize in rental apartments, so if you want to make sure that your renting experience is as smooth as possible, you can check out Utleiemegleren.
Renting a home
Get a written contract!
That piece of advice is the single most important piece of advice for anyone looking to rent property in Norway.
The next piece of advice you should carve into the back of your skull, is to always put your deposit into a designated deposit account.
If you are not sure what to expect or what you can demand, you can find help at Leieboerforeningen (National Tenant's association) web page or from your relocator/onboard liasions or SUA.
Buying a home
If you want to buy a house, or an apartment, in Trondheim, there are a few things you need to think about.
A bank guarantee
Unless you are rocking a big pile of cash, you will need to get a loan. And that does not need to be overly complicated.
First, you need a bank account, and to have a bank account. Read more about opening a bank account here.
Second, you need to have at least 15 % of the property value in cash.
The bank will then have a look at your salary, your savings, and based on that give you a loan estimate.
As all bids are legally binding, you must not place any bids without a bank guarantee, or exceeding the loan estimate.
The loan interest fluctuates, of course, but it is usually at about 2 %.
Where you want to live
As in most cities – property pricing descends the further away from the city centre you get. The beauty of Trondheim is that the surrounding municipalities, together forming the Greater Trondheim Area, offer fast means of commuting – giving you the option of cheaper living, while working in Trondheim.