This is how the rental market was affected by the pandemic

Between 2015 and 2018, the median rents increased steadily every year. But since two years ago, median rents have stabilized at a high level. In 2020, twos and threes have had stagnant median rents, while ones have had a smaller rise. This is shown in the Rental Report 2020 from Blocket Bostad, Sweden’s largest marketplace for rental housing.

The change in median rent from 2019 to 2020 differs greatly between Sweden’s largest cities. In Stockholm and Malmö it is still, while Gothenburg is going against the trend and showing an upturn.

An overwhelming majority of Swedes spend more time at home since the pandemic broke out. This is shown by a Novus survey commissioned by the cooperative housing broker SKB. According to the survey, Stockholmers and young people have changed their everyday lives the most. Having nature close is highlighted as increasingly important among the respondents, which makes gardens, patios and balconies more sought after.

– It is difficult to speculate on what the big differences between the cities are due to, but a theory could be that Stockholmers seek out the inner city areas to get closer to nature , says Matilda Adelborg, press officer at Blocket Bostad.

– In March, we saw that the number of apartments that were rented out increased. I guess because many people worked remotely, for example from a summer place. At the same time, activity from housing applicants decreased. During the spring, many landlords therefore needed to reduce their rent to get the home rented out , says Matilda Adelborg.

That we, despite an increased supply, reduced search pressure and reduced rents, have not seen large declines in median rents could be explained by the fact that more people spend more time at home and therefore value spending more money on housing.

Median rents for the country’s ten largest cities

Attached file is the Rental Report 2020 in its entirety. In it you will find, among other things, median rents for more municipalities.

A room and kitchen
Municipality 2019 2020 Difference (%)
Stockholm 7900 7900 0%
Gothenburg 5200 5500 6%
Malmö 4950 5000 1%
Uppsala 5500 5500 0%
Västerås 5000 5500 10%
Örebro 4500 4500 0%
Linköping 4993 5000 0%
Helsingborg 5245 5517 5%
Jönköping 4200 4329 3%
Norrköping 4800 4800 0%

 

Two rooms and a kitchen
Municipality 2019 2020 Difference (%)
Stockholm 13500 13000 -4%
Gothenburg 11000 11000 0%
Malmö 9000 9000 0%
Uppsala 9500 9900 4%
Västerås 8000 8500 6%
Örebro 7500 7409 -1%
Linköping 8000 8000 0%
Helsingborg 7980 8077 1%
Jönköping 8000 7500 -6%
Norrköping 7781 7500 -4%

 

Three rooms and a kitchen
Municipality 2019 2020 Difference (%)
Stockholm 15000 15000 0%
Gothenburg 11328 11900 5%
Malmö 10800 10500 -3%
Uppsala 10000 9955 0%
Västerås 9500 9000 -5%
Örebro 9000 9326 4%
Linköping 9336 9800 5%
Helsingborg 9621 9448 -2%
Jönköping 9000 8700 -3%
Norrköping 8500 7854 -8%

Post sourced from: https://finanstid.se/sa%cc%8a-pa%cc%8averkades-hyresmarknaden-av-pandemin/

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