Stockholm's 2024 Rental Market: Trends and Rental Prices

Updated 2024-09-24

We've compiled data on average rental prices on CLOSED deals across metropolitan Stockholm. Interestingly, current rates are reminiscent of those from 2012-2013. For the first time since 06/2022, the falling rental prices have leveled out for apartments and prices are either flat or slightly increasing. Kungsholmen has been the area that has steadily increased. House rentals have not yet turned around with the exception of Huddinge and Haninge. 

Corporate Housing Budgets:

A Shift in Trends Large corporations relocating employees to Sweden have undergone a noticeable shift. Generous expatriate packages are being replaced by more cost-effective mobility policies. This means relocated employees are now highly budget-conscious and focused on cost savings.

Sales Market Impact on Rentals:

• The property sales market exerts a significant influence on rental availability:
• Strong Sales Market: A booming sales market often reduces the number of rental properties available. Property owners prefer to sell during these high-demand periods. 
• Weak Sales Market: When sales dip, rental properties flood the market, increasing supply substantially. The sales market has been quite depressed during 2024 which has increased supply. 

Average rental levels for apartments 2-4 rok on Östermalm

Studios (furnished): SEK 13.484/month
2 rooms and kitchen (furnished): SEK /19.756/month
2 rooms and kitchen (unfurnished): SEK 18.638/month
3 rooms and kitchen (furnished): SEK 27.824/month
3 rooms and kitchen (unfurnished): SEK 22.529/month
4 rooms and kitchen (furnished): SEK 30.333/month
4 rooms and kitchen (unfurnished): SEK 30.833/month

Average rental levels for apartments  2-4 rok on Norrmalm

Studios (furnished): SEK 13.750/month
2 rooms and kitchen (furnished): SEK 19.640/month
2 rooms and kitchen (unfurnished): SEK 17.549/month
3 rooms and kitchen(furnished): SEK 25.379/month
3 rooms and kitchen (unfurnished): SEK 23.313/month
4 rooms and kitchen (furnished: SEK 31.746/month
4 rooms and kitchen (unfurnished): SEK 28.865/month

Average rental levels for apartments  2-4 rok on Kungsholmen

Studios (furnished): SEK 13.085/month
2 rooms and kitchen (furnished): SEK 17.324/month
2 rooms and kitchen (unfurnished): SEK 17.650/month
3 rooms and kitchen (furnished): SEK 24.293/month
3 rooms and kitchen (unfurnished): SEK 21.538/month
4 rooms and kitchen (furnished): SEK 29.428/month
4 rooms and kitchen (unfurnished): SEK 29.614/month
 

Average rental levels for apartments  2-4 rok on Södermalm

Studio Apartments (furnished): SEK 11.078/month
2 rooms and kitchen (furnished): SEK 17.328/month
2 rooms and kitchen(unfurnished): SEK 17.138/month
3 rooms and kitchen(furnished): SEK 21.960/month
3 rooms and kitchen (unfurnished): SEK 21.708/month
4 rooms and kitchen (furnished): SEK 29.440/month
4 rooms and kitchen (unfurnished): SEK 25.293/month

Average rental levels for apartments  2-4 rok in Solna

Studios (furnished): SEK 11.535/month
2 rooms and kitchen (furnished):: SEK 15.235/month
2 rooms and kitchen (unfurnished): SEK 14.389 /month
3 rooms and kitchen (furnished):: SEK 17.223/month
3 rooms and kitchen (unfurnished): SEK 19.800/month
4 rooms and kitchen (furnished):: SEK 22.414/month
4 rooms and kitchen (unfurnished): SEK 24.045/month

Average rental levels for Houses (without utilities):

Danderyd: 40.768 SEK/month
Lidingö:  33.083 SEK/month
Bromma: 32.259 SEK/month
Sollentuna: 28.899 SEK/month
Täby: 27.823 SEK/month
Ekerö: 27.578 SEK/month
Haninge: 18.350 SEK/month
Huddinge: 22.798 SEK/month
Nacka: 29.116 SEK/month
Solna: 24.800 SEK/month
Enskede/Årsta: 26.282 SEK/month
Farsta: 20.475 SEK/month
Hägersten: 28.316 SEK/month
Hässelby/Vällingby: 26.674 SEK/month
Värmdö: 24.668 SEK/month

We saw slightly higher average rental levels for closed contracts between private individuals and landlords. We believe this phenomenon is due to the popularity of corporate tenants on the market. Hence, they have more bargaining power. However, there is a trend of companies not signing leases for their employees which have increased the number of private rentals.