Singles Face Higher Costs in Rental Apartments Compared to Owned Homes

Those who live alone in a rental property often pay more for their accommodation than those who live alone in a condominium or owner-occupied property, according to statistics from the Statistics Sweden (SCB).

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Singles Face Higher Costs in Rental Apartments Compared to Owned Homes
Photo: Hasse Holmberg / TT

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According to SCB's figures, however, the expenses for owned homes have increased more in percentage terms in recent years.

"The fact that housing expenses for owner-occupied and tenant-owned apartments have increased more is largely due to the fact that interest expenses for mortgages have increased sharply," says Marcus Vingren, researcher at SCB, in a press release.

In 2024, 1.8 million households lived in rental apartments, of which one million were single-person households. Their median expenditure is around 81,000 per year.

In tenant-owned apartments, approximately half of the households are single-person households, and they pay 77,000 kronor per year for housing. In owner-occupied apartments, the median expenditure for single-person households is 76,000 kronor per year.

Housing expenses have increased for all forms of tenure since 2021, when SCB conducted the last measurement. The rent-controlled apartments' expenditure has increased the least in percentage terms, approximately 18 percent, while the tenant-owned apartments' expenditure has increased by almost 29 percent.<|start_header_id|>assistant<|end_header_id|> According to SCB's figures, however, the expenses for owned homes have increased more in percentage terms in recent years.

"The fact that housing expenses for owner-occupied and tenant-owned apartments have increased more is largely due to the fact that interest expenses for mortgages have increased sharply", says Marcus Vingren, researcher at SCB, in a press release.

In 2024, 1.8 million households lived in rental apartments, of which one million were single-person households. Their median expenditure is around 81 000 kronor per year.

In tenant-owned apartments, approximately half of the households are single-person households and they pay 77 000 kronor per year for housing. In owner-occupied apartments, the median expenditure for single-person households is 76 000 kronor per year.

Housing expenses have increased for all forms of tenure since 2021, when SCB conducted the last measurement. The rent-controlled apartments' expenditure has increased the least in percentage terms, approximately 18 percent, while the tenant-owned apartments' expenditure has increased by almost 29 percent.

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By TTEnglish edition by Sweden Herald, adapted for local and international readers

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