Year: 2026 2025 2024
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Oslo, Norway

Property prices · 2025 · Europe · Price +4% vs 2024

Price/sqm — City Centre NOK 95,680
Price/sqm — Outside Centre NOK 67,600
1-Bed Rent / Month NOK 18,720
3-Bed Rent / Month NOK 31,200
Avg Mortgage Rate 4.50%
Price-to-Rent Ratio 24.0x Renting is generally more cost-effective

Property price trend in Oslo (2024–2026)

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Property comparison — cities in Norway (2025)

City Centre /sqm Outside /sqm 1-Bed Rent vs Oslo
Oslo NOK 95,680 NOK 67,600 NOK 18,720
Bergen NOK 67,925 NOK 50,160 NOK 14,107 -29%
Trondheim NOK 57,475 NOK 41,800 NOK 12,540 -39.9%

Other Europe cities (2025)

Frequently asked questions

How much does property cost in Oslo in 2025?

In Oslo, the average price per sqm in the city centre is NOK 95,680, and NOK 67,600 outside the centre (2025 data). Prices have risen 7% since 2024.

How much is rent in Oslo in 2025?

A 1-bedroom apartment in Oslo rents for approximately NOK 18,720 per month in 2025. A 3-bedroom apartment costs around NOK 31,200/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 2025?

The average mortgage rate in Norway is approximately 4.50% as of 2025. 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 +4% vs 2024. 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 95,680 in 2025. Outside the centre, expect to pay around NOK 67,600/sqm.

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