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Rents for dwellings, 2018

Minor rent change in dwelling stock

Statistical news from Statistics Sweden 2018-10-04 9.30

Rents in 2018 increased on average by 1.1 percent. This increase is higher than in 2017, but remains at a low level in a longer perspective. At regional level, the increase varied between 1.0 and 1.2 percent.

Joint statistical news on Rents for dwellings 2018 and Charges/rents for newly constructed dwellings 2017 is presented below.

Rent change in the last ten years, entire country
YearRent
change*
2018 1.1%
2017 0.8%
2016 0.8%
2015 1.3%
2014 1.7%
2013 2.2%
2012 2.8%
2011 2.4%
2010 1.6%
2009 3.3%

*The percentages refer to the mean increase.

SEK 6 904 in rent for a three-room apartment

In 2018, the average monthly rent for a three-room apartment is SEK 6 904. The average rent for a two-room apartment is SEK 5 591. Rent for a one-room apartment is SEK 4 027 while the average rent for an apartment with four or more rooms is SEK 8 710.

Rents vary from one region to another. Rents are highest in Greater Stockholm and Greater Malmö, while the lowest rents are in other small municipalities outside the metropolitan areas (fewer than 75 000 inhabitants).

Average (mean) monthly rent for three-room apartments in 2018, by region
 RegionNew monthly rent for 2018, SEK
Greater Stockholm
7 705 ± 132
Greater Gotheburg
6 859 ± 170
Greater Malmö
7 520 ± 233
Other larger municipalities* 6 893 ± 79
Other smaller municipalities* 6 249 ± 68
Whole country 6 904 ± 52

The limit between large and small municipalities is 75 000 inhabitants.

Charges/rents for newly constructed dwellings 2017:

Higher rents in rental dwellings newly constructed in 2017

In 2017, rent per square metre in newly built rental dwellings was SEK 1 742 in Sweden as a whole, compared with SEK 1 722 in 2016. Rents in rental dwellings newly built in 2017 are 1.2 percent higher than in the previous year. The percentage change in rent is lower in 2017 than in the previous year.

In 2017, average rent for a newly built rental dwelling with three rooms and a kitchen was SEK 9 975 per month.

This year, data is presented for the first time on whether rents were negotiated using the rent control model (presumtionshyror) completely, to some degree, or not at all. Among rental dwellings in multi-dwelling buildings, rents in approximately 62 percent were negotiated using the rent control model, while among collectively built one- or two- dwelling buildings, this proportion was 44 percent.

Among the regional groups, the highest percentage, 71 percent, of rental dwellings in multi-dwelling buildings negotiated using the rent control model was in municipalities with fewer than 75 000 inhabitants, followed by 63 percent in municipalities with more than 75 000 inhabitants, , 61 percent in Greater Stockholm, 53 percent in Greater Göteborg and 41 percent in Greater Malmö. It is most common for municipal housing companies to apply this model (77 percent), while among private landlords, 47 percent applied this model in negotiating rent for 2017.

Prices in Greater Stockholm remain the highest

The cost per square metre in newly built tenant-owned dwellings in 2017 was SEK 616, which is lower than in the previous year. The monthly cost of a newly built tenant-owned dwelling in 2017 with three rooms and a kitchen was, on average, SEK 4 205.

The average price of a newly built tenant-owned dwelling in 2017 was SEK 2 734 000. This is an increase compared with SEK 2 476 000 in the previous year. The average area of a tenant-owned dwelling is 77 square metres, which is an increase compared with 76 square metres in the previous year.

There are large regional differences. In 2017, the price of newly built tenant-owned dwellings was highest in Greater Stockholm, SEK 3 414 000, second highest in Greater Göteborg, SEK 2 782 000, and lowest in municipalities with fewer than 75 000 inhabitants, SEK 2 034 000. Prices of tenant-owned dwellings in 2017 were higher, in general, in the different regions compared with the previous year.

Definitions and explanations

Estimated rents and charges include heating costs, but do not include costs for garage and electricity.

Rents for dwellings

The statistics describe rents and changes in rents for rental dwellings. Rents are broken down by region, number of rooms, year of construction, and type of ownership. Rents for dwellings is an annual survey based on a national sample of rented dwellings. The sample includes approximately 15 500 dwellings.

Charges/rents for newly constructed dwellings

Rent control (presumtionshyra) refers to a negotiated agreement between a landlord and the Swedish Union of Tenants, in which it is understood that the rent is fair when certain criteria are met. This agreement is made without the need for a common test of utility value. The rent should then cover costs and provide fair profit for 15 years. At the same time, these apartments are excluded from the base of comparison objects for utility value tests as set out in the regulations on utility value testing.

Use caution in making comparisons between 2017 and 2016, as there may be structural differences between new production projects in each year.

These statistics describe the situation of rental dwellings and tenant-owned dwellings. As of 2008, these statistics do not include category dwellings (student accommodations and elderly centres).

Statistical Database

More information is available in the Statistical Database

Feel free to use the facts from this statistical news but remember to state Source: Statistics Sweden.

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