Oslo, Norway
Property prices · 2024 · Europe
Property price trend in Oslo (2024–2026)
Property comparison — cities in Norway (2024)
Other Europe cities (2024)
Frequently asked questions
How much does property cost in Oslo in 2024?
In Oslo, the average price per sqm in the city centre is NOK 92,000, and NOK 65,000 outside the centre (2024 data). Prices have risen 7% since 2024.
How much is rent in Oslo in 2024?
A 1-bedroom apartment in Oslo rents for approximately NOK 18,000 per month in 2024. A 3-bedroom apartment costs around NOK 30,000/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 2024?
The average mortgage rate in Norway is approximately 4.50% as of 2024. With a price-to-rent ratio of 24.0x, buyers should carefully weigh mortgage costs against rental savings.
What is the price per sqm in Oslo?
The average property price per square metre in Oslo city centre is NOK 92,000 in 2024. Outside the centre, expect to pay around NOK 65,000/sqm.