euroflation.

🇳🇴Norway house price-to-rent ratio

Norway's house price-to-rent ratio is 165.4 as of Q2 2026, from official OECD data. It fell from 166.2 the previous quarter. Over the period shown it has ranged from 59.5 to 174.2.

House price-to-rent ratio · Norway
165.4
vs prev
▼ 0.8
Norway house price-to-rent ratio, last 10 years
Source: OECD (Analytical house prices indicators) · data through Q2 2026 · updated 2026-10-05 · modifications: none

The OECD’s house price-to-rent ratio compares house prices with rents. It is shown as a percentage of the country’s own long-term average, so 100 is that average and a value above 100 means the ratio is above its long-term average.

See the full house price-to-rent ratio ranking across Europe →

Norway house price-to-rent ratio — frequently asked questions

What is Norway's house price-to-rent ratio?
Norway's house price-to-rent ratio is 165.4 as of Q2 2026, from official OECD data.
How does Norway's house price-to-rent ratio compare with the euro area?
Norway ranks 2nd of 15 European countries that report it.
Is Norway's house price-to-rent ratio rising or falling?
It fell from 166.2 to 165.4 in the latest reading (Q2 2026).
What does “house price-to-rent ratio” measure?
The OECD’s house price-to-rent ratio compares house prices with rents. It is shown as a percentage of the country’s own long-term average, so 100 is that average and a value above 100 means the ratio is above its long-term average.

Norway — more indicators

House price-to-rent ratio in other countries