Year: 2026 2025 2024
🏠

Oslo, Norway

Property prices · 2026 · Europe · Price +2.9% vs 2025

Price/sqm — City Centre NOK 98,440
Price/sqm — Outside Centre NOK 69,550
1-Bed Rent / Month NOK 19,260
3-Bed Rent / Month NOK 32,100
Avg Mortgage Rate 4.50%
Price-to-Rent Ratio 24.0x Renting is generally more cost-effective

Property price trend in Oslo (2024–2026)

Advertisement

Property comparison — cities in Norway (2026)

City Centre /sqm Outside /sqm 1-Bed Rent vs Oslo
Oslo NOK 98,440 NOK 69,550 NOK 19,260
Bergen NOK 70,200 NOK 51,840 NOK 14,580 -28.7%
Trondheim NOK 59,400 NOK 43,200 NOK 12,960 -39.7%

Other Europe cities (2026)

Frequently asked questions

How much does property cost in Oslo in 2026?

In Oslo, the average price per sqm in the city centre is NOK 98,440, and NOK 69,550 outside the centre (2026 data). Prices have risen 7% since 2024.

How much is rent in Oslo in 2026?

A 1-bedroom apartment in Oslo rents for approximately NOK 19,260 per month in 2026. A 3-bedroom apartment costs around NOK 32,100/month.

Is it better to buy or rent in Oslo?

Renting is generally more cost-effective in Oslo. The price-to-rent ratio is 24.0x — it would take approximately 24.0 years of rental payments to equal the property purchase price. Current mortgage rates are approximately 4.50%.

What are mortgage rates in Norway in 2026?

The average mortgage rate in Norway is approximately 4.50% as of 2026. With a price-to-rent ratio of 24.0x, buyers should carefully weigh mortgage costs against rental savings.

How have property prices in Oslo changed?

Property prices in Oslo have changed +2.9% vs 2025. Since 2024, prices have increased by 7%. Use the year tabs above to compare prices across years.

What is the price per sqm in Oslo?

The average property price per square metre in Oslo city centre is NOK 98,440 in 2026. Outside the centre, expect to pay around NOK 69,550/sqm.

Advertisement