Oslo real estate market — prices, rental yield and trend
- Average price: $11,701 / m²
- Gross rental yield: 4.17%
- Net rental yield: 3.25%
- Transaction cost: 3.6%
- Price basis: local-market average
Residential property in Oslo averages $11,701 per square metre. That makes it the 4th most expensive of the 131 markets in the set.
What a buyer pays in Oslo
The $11,701 figure is a local-market average across all residential property types: a flat in a prime district sits well above it, an older unit on the edge of the market well below. Buying costs — transfer tax or stamp duty, notary, registration and agency — come to about 3.6% of the price here. On a 100 m² apartment at the average price that is roughly $42,123 on top of the $1,170,079 purchase price. That is below the 9.5% median across the set, which shortens the time it takes for a purchase to break even. Against the Norway national average of $7,288, Oslo carries a 60.6% premium — the gap between this market and the country as a whole.
What it earns
A square metre lets for about $40.7 a month. Against a purchase price of $11,701 per square metre that is 4.2% gross, before tax. Both figures come from the same source and the same period, so you can check the arithmetic yourself. It ranks 117th of 151 markets by gross yield. Rental income is taxed at 22%, which takes the yield down to 3.3% net. The 0.9-point difference between the gross and net figure is the part most listing sites leave out.
How the tax works. Net rental income (gross rent less actual expenses) from Norwegian property is taxed as general income at a flat 22%; non-residents are taxed on Norwegian real-property income at the same rate. There is no lump-sum expense allowance. Sources: PwC Tax Summaries Norway (general income 22%, last reviewed 2026-09-03); Global Property Guide Norway.
How this figure is built
The price figure for Oslo is built from asking prices from listings. It was last refreshed on 2026-10-15. We rate our confidence in this market’s data low — treat the figures as indicative and check them before acting. We recompute every market the same way, which is what lets Oslo be compared with a country average or another city.
Sources: Numbeo Oslo · numbeo.com. Snapshot: 2026-10-15.
Related markets: Norway