Rental Report 2023
Based on first-hand contracts from 200+ landlords we monitor.
8 900
Avg rent SEK/mo
+5.5%
Compared to 2022
34
Days median
Two things happened in 2023 that changed the picture of Stockholm's rental market. Small apartments took over the supply. And we could for the first time measure how fast apartments disappear. The average rent among the landlords we monitor rose 5.5% to SEK 8,900 per month. The increase was moderate after 2022's 14.4%, but the price level was established.
One- and two-bedrooms now made up 76% of listings. That was a dramatic shift from the baseline year's 56%. Meanwhile, our new speed tracking showed apartments were taken within 34 days at the median. It confirmed what everyone suspected: demand is extreme.
Since 2019, average rent had risen 39%. Price per square metre increased from SEK 107 to SEK 187. This report documents the year Stockholm became a small-apartment market.
Key insights of the year
76%
Small apartments dominate
Share of one- and two-bedrooms in listings. Up from 56% in the 2019 baseline. Stockholm's market shifts toward small units.
34 days
First speed measurement
Median listing time. First year with reliable data. Apartments disappear in just over a month.
+39%
Rent increase since 2019
From SEK 6,393 to SEK 8,900/month. Average rent has risen every year since the baseline.
2022 vs 2023
| Metric | 2022 | 2023 | Change |
|---|---|---|---|
| Avg rent | 8 439 kr | 8 900 kr | ↑ +5.5% |
| kr/m² | 156 kr | 187 kr | ↑ +19.9% |
| Median days | – | 34 days | – |
| Small apts % | 67% | 76% | ↑ +13.4% |
| 1 room | 5 769 kr | 6 375 kr | ↑ +10.5% |
| 2 rooms | 8 446 kr | 9 161 kr | ↑ +8.5% |
| 3 rooms | 10 118 kr | 10 810 kr | ↑ +6.8% |
| 4 rooms | 11 709 kr | 14 470 kr | ↑ +23.6% |
Average rents
The average rent in the Stockholm region rose to SEK 8,900/month in 2023. A one-bedroom costs SEK 6,375 on average. A two-bedroom is SEK 9,161, a three-bedroom SEK 10,810, and a four-bedroom SEK 14,470.
1 rooms
6 375
2 rooms
9 161
3 rooms
10 810
4 rooms
14 470
5 rooms
15 688
6 rooms
26 869
The 5.5% increase continues the upward trend from 2022. SCB shows rents are rising faster than inflation. The bruksvärdessystem keeps primary rents in check through Hyresgästföreningen's negotiations. Boverket reports new construction has nearly ground to a halt.
“Bostadsformedlingen's queue time for primary contracts exceeds ten years in Stockholm's inner city.”
— Bostadsformedlingen statistics 2023
Source: HomeSpotter market data, SCB rental statistics 2023
Our data vs national average
Rent increase among the landlords we monitor compared to SCB's national figure.
SCB Hyresstatistik 2025
A two-bedroom in Stockholm costs SEK 9,161 per month. That is SEK 2,911 more than the 2019 baseline. The price for a two-bedroom is approaching the baseline year's three-bedroom.
HomeSpotter market data 2023
Size shift
One- and two-bedrooms make up 76% of listings. One-bedrooms rose to 33% and two-bedrooms to 43%. Three-bedrooms dropped to 18% and four-bedrooms to 5%. The shift toward small apartments is clear.
Boverket notes that single-person households are the fastest-growing household type in Stockholm. SCB shows the average age of first-time mothers is rising, delaying the need for large apartments. Hyresgästföreningen highlights that students and young adults drive demand for one-bedrooms. Million Programme two-bedrooms are most popular.
Source: HomeSpotter market data, SCB population statistics 2023
Area spotlights
Södermalm rose 50.8% since 2021. Average rent for a two-bedroom went from SEK 8,328 to SEK 12,559. Stockholm's most sought-after inner-city location has among the highest rents we measure.
Rimbo has risen 54.2% since the baseline year. The surrounding municipality shows that price increases are spreading outward. The commuter train connection makes it accessible despite the distance.
Stocksund holds its position as one of Stockholm's most affordable options. A one-bedroom starts from SEK 5,092. Roslagsbanan takes you to the city centre.
Turnover speed
First-hand rentals in Stockholm were taken within a median of 34 days in 2023. All 47 monitored areas have reliable data for this year.
+39% sedan 2019
2023 is the first year HomeSpotter has reliable speed data for. It establishes an important baseline for future years. The 34-day median reflects high demand. Bostadsförmedlingen's queue times for primary contracts exceeded ten years in the inner city.
Source: HomeSpotter market data 2023, 47 areas
Bostadsformedlingen's queue time for primary contracts exceeds ten years in the inner city. The sublet market fills an increasingly important role.
Bostadsformedlingen statistics 2023
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Rent trends
Rent growth slowed to 5.5% from 14.4% in 2022. Riksbanken continued raising the policy rate sharply. Condo prices continued falling, keeping pressure on the rental market.
Hyresgästföreningen negotiated the annual utility value increase with Stockholmshem and Svenska Bostäder. Boverket warns construction pace is the lowest in ten years. SCB shows household disposable income is squeezed by high interest rates and inflation. The sublet market is directly affected.
Source: HomeSpotter market data, Riksbanken, SCB 2023
34
2023
6
2025
Median listing time dropped from 34 to 6 days in two years.
34-day median time. This is the first reliable measurement of how fast Stockholm apartments disappear from the market.
HomeSpotter market data 2023
Area comparison
Suburbs in Botkyrka, Haninge, and Södertälje have the lowest rents. One-bedrooms under SEK 5,500 are available in Million Programme areas with SL metro connections. The inner city and new builds in Solna cost over SEK 9,000 for a one-bedroom.
Stockholmshem and Svenska Bostäder offer stable rents in outer suburbs. Boverket shows the price gap between inner city and suburbs continues to widen. SCB confirms suburban rents rise more slowly. Hyresgästföreningen recommends suburban options for price-sensitive households.
Source: HomeSpotter market data, SCB 2023
80%
2024
69%
2025
The share of small apartments (1-2 rooms) dropped from 80% to 69%.
Price per square metre
The average rent per square metre among the landlords we monitor is SEK 187 in 2023.
+75% sedan 2019
Since 2019, the price per square metre has increased from SEK 107 to SEK 187. That is a 75% increase among the landlords we monitor.
Källa: HomeSpotter marknadsdata 2023
Apartment mix
In 2023, 1-2 room apartments make up 76% of all listings among the landlords we monitor.
The share of small apartments has gone from 56% (2019) to 76% (2023) among the landlords we monitor.
Källa: HomeSpotter marknadsdata 2023
Seasonal patterns
The most apartments were listed in October among the landlords we monitor.
The seasonal pattern shows when it is easiest and hardest to find an apartment. More listings mean greater supply and better negotiation opportunities.
Källa: HomeSpotter marknadsdata 2023
What does this mean?
Apartment seekers
Apartments are taken within 34 days. Small apartments dominate at 76%. Search for three- and four-bedrooms in outer suburbs for less competition.
Landlords
34-day median time shows the market absorbs supply quickly. Small apartments are most in demand. Riksbanken's high rate keeps pressure up.
Policy makers
Rents have risen 39% since 2019. 76% of supply is small apartments. Construction pace is at a ten-year low according to Boverket.
The year 2023 was a shift. Small apartments dominated three-quarters of listings. Speed tracking revealed a market under extreme pressure. 34 days from listing to taken. Average rent passed SEK 8,900.
In 2024, Riksbanken was expected to begin cutting rates. Condo prices stabilized. The question was whether the rental market would follow, or whether the new levels were the new normal.
The average rent in Stockholm rose to SEK 8,900/month in 2023. A one-bedroom costs SEK 6,375, a two-bedroom SEK 9,161, a three-bedroom SEK 10,810, and a four-bedroom SEK 14,470. The 5.5% increase is driven by continued housing shortage and Riksbanken's rate hikes.
One- and two-bedrooms make up 76% of listings. Single-person households are the fastest-growing type according to SCB. Students and young adults drive demand for one-bedrooms. Condo owners with two-bedrooms sublet due to high interest rates.
The median time for a first-hand rental in Stockholm was 34 days in 2023. All 47 monitored areas have reliable data. 2023 is the first year with dependable speed data and serves as a baseline.
Riksbanken's high policy rate pushes condo prices down. More owners sublet their apartments. Hyresgästföreningen negotiated the annual utility value increase. Sublet rents rose 5.5% overall during the year.
Botkyrka, Haninge, and Södertälje have the lowest rents. One-bedrooms under SEK 5,500 are found in Million Programme areas with SL connections. The inner city costs over SEK 9,000 for a one-bedroom. The gap between inner city and suburbs keeps widening.
Alla områden
| Area | Avg rent | SEK/m² | Median days | Most common |
|---|---|---|---|---|
| Stocksund | 5,092 | 101 | 133 | 1 rooms |
| Nynäshamn | 5,124 | 149 | 78 | 1 rooms |
| Hässelby | 6,343 | 115 | 35 | 2 rooms |
| Lidingö | 6,579 | 343 | 17 | 1 rooms |
| Rotsunda | 6,798 | 111 | 20 | 2 rooms |
| Edsberg | 6,885 | 134 | 22 | 2 rooms |
| Hägersten | 6,926 | 162 | 58 | 1 rooms |
| Norrviken | 6,942 | 108 | 118 | 2 rooms |
| Villastaden | 6,943 | 117 | 136 | 2 rooms |
| Tors Backe | 7,017 | 122 | 1 | 2 rooms |
| Häggvik | 7,048 | 113 | 34 | 2 rooms |
| Gärdet | 7,322 | 322 | 12 | 1 rooms |
| Bro | 7,539 | 124 | 4 | 1 rooms |
| Årsta | 7,614 | 152 | 6 | 2 rooms |
| Farsta | 7,770 | 123 | 13 | 3 rooms |
| Rimbo | 7,880 | 118 | 59 | 2 rooms |
| Johanneshov | 7,891 | 165 | 52 | 1 rooms |
| Sollentuna | 7,933 | 277 | 7 | 1 rooms |
| Norra innerstaden | 8,036 | 178 | 52 | 1 rooms |
| Bandhagen | 8,134 | 193 | 100 | 1 rooms |
| Huddinge | 8,203 | 186 | 72 | 1 rooms |
| Rotebro | 8,377 | 119 | 146 | 3 rooms |
| Tureberg | 8,473 | 140 | 34 | 2 rooms |
| Rånäs | 8,554 | 124 | 44 | 3 rooms |
| Södra innerstaden | 8,650 | 178 | 32 | 1 rooms |
| Abrahamsberg | 8,692 | 189 | 96 | 2 rooms |
| Bagarmossen | 8,993 | 176 | 97 | 2 rooms |
| Spånga | 9,282 | 227 | 10 | 1 rooms |
| Järfälla | 9,403 | 262 | 9 | 1 rooms |
| Märsta | 9,426 | 157 | 99 | 2 rooms |
| Uttran | 9,437 | 202 | 72 | 2 rooms |
| Topplocket | 9,510 | 161 | 83 | 3 rooms |
| Haninge | 9,524 | 167 | 6 | 1 rooms |
| Vällingby | 9,548 | 182 | 27 | 2 rooms |
| Handen | 9,553 | 218 | 32 | 2 rooms |
| Täby | 9,770 | 264 | 20 | 2 rooms |
| Skärholmen | 9,830 | 147 | 6 | 3 rooms |
| Bromma | 9,834 | 151 | 36 | 1 rooms |
| Solna | 10,012 | 166 | 69 | 2 rooms |
| Södertälje | 10,102 | 164 | 10 | 2 rooms |
| Sundbyberg | 10,134 | 186 | 102 | 2 rooms |
| Vallentuna | 10,383 | 198 | 8 | 2 rooms |
| Enskede | 10,675 | 153 | 2 | 1 rooms |
| Knivsta | 10,712 | 218 | 55 | 2 rooms |
| Stockholm | 10,873 | 186 | 13 | 2 rooms |
| Upplands Väsby | 11,480 | 224 | 14 | 1 rooms |
| Södermalm | 12,559 | 251 | 139 | 2 rooms |
Data is based on first-hand contracts from landlords that HomeSpotter monitors in the Stockholm region. Statistics cover first-hand contracts published during the calendar year 2023. 52 areas were included in the monitoring.
HomeSpotter continuously monitors Stockholm's rental market to provide a clear picture of the first-hand contract market.
Data collection
We monitor 200+ landlords in the Stockholm region around the clock and log new listings automatically.
Processing
Raw data is cleaned, filtered, and aggregated. Duplicates and erroneous entries are removed.
Publication
The report is published annually. Live editions are updated quarterly with new data.
Be the first to know when new first-hand contracts appear from 200+ landlords.
