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.
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.
Average rent in Östermalm-Djurgården: SEK 315/sqm
Average rent in Norrmalm-Vasastan: SEK 327/sqm
Average rent in Kungsholmen: SEK 331/sqm
Average rent in Södermalm: SEK 294/sqm
Average rent in Solna: SEK 258/sqm
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.
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