Budget and housing prices

What can you afford to buy in Oslo?

Price per square metre in Oslo ranges from about NOK 46,412 to NOK 161,618 between areas. With 4 million NOK, 27 of 89 areas give you at least 50 m², and 5 of them are within 30 minutes of Oslo S by public transport. The tables below show what each budget buys in each area.

What each budget buys

The number of areas where the budget reaches at least 50 m², and how many of those are within 30 minutes of Oslo S.

What each budget buys
Budget	Areas with at least 50 m²	Of those, within 30 min of Oslo S	Largest home within 30 min of Oslo S
3 million NOK	12 / 89	1	53 m² · Furuset
4 million NOK	27 / 89	5	71 m² · Furuset
5 million NOK	54 / 89	26	89 m² · Furuset
6 million NOK	76 / 89	46	107 m² · Furuset
7 million NOK	87 / 89	57	125 m² · Furuset

All areas: price and size

Sorted by price per m². Size is the budget divided by the typical price per square metre, rounded down.

All areas: price and size
Area	NOK per m²	m² for 3 M	m² for 4 M	m² for 5 M	m² for 6 M	Min to Oslo S
Fossum	46,412	64	86	107	129	34
Vestli	48,622	61	82	102	123	39
Romsås	52,888	56	75	94	113	43
Holmlia	52,983	56	75	94	113	32
Bjørnerud	54,346	55	73	92	110	37
Furuset	55,615	53	71	89	107	28
Høybråten	55,876	53	71	89	107	32
Bjørndal	56,140	53	71	89	106	36
Rommen	56,992	52	70	87	105	38
Stovner	58,568	51	68	85	102	37

Show all 89 areas

Area	NOK per m²	m² for 3 M	m² for 4 M	m² for 5 M	m² for 6 M	Min to Oslo S
Ellingsrud	58,579	51	68	85	102	36
Prinsdal	59,562	50	67	83	100	35
Lindeberg	64,280	46	62	77	93	32
Mortensrud	66,040	45	60	75	90	39
Veitvet	66,929	44	59	74	89	29
Haugenstua	67,289	44	59	74	89	23
Trosterud	69,966	42	57	71	85	29
Rødtvet	70,523	42	56	70	85	34
Nordtvet	71,371	42	56	70	84	33
Bøler	73,652	40	54	67	81	32
Tveita	73,689	40	54	67	81	26
Skullerud	73,719	40	54	67	81	37
Abildsø	74,683	40	53	66	80	32
Ammerud	74,723	40	53	66	80	38
Hellerudtoppen	74,828	40	53	66	80	31
Grorud	79,415	37	50	62	75	31
Munkerud	79,800	37	50	62	75	36
Hovseter	80,784	37	49	61	74	28
Linderud	80,952	37	49	61	74	30
Lambertseter	80,992	37	49	61	74	31
Manglerud	81,955	36	48	61	73	25
Teisen	82,368	36	48	60	72	24
Refstad	83,750	35	47	59	71	27
Oppsal	83,783	35	47	59	71	30
Ullernåsen	84,043	35	47	59	71	34
Grønland	84,282	35	47	59	71	9
Årvoll	87,762	34	45	56	68	30
Simensbråten	87,979	34	45	56	68	26
Godlia	89,326	33	44	55	67	24
Etterstad	89,688	33	44	55	66	26
Holmen	89,853	33	44	55	66	30
Ljan	89,998	33	44	55	66	31
Nordstrand	91,333	32	43	54	65	29
Grefsen	91,879	32	43	54	65	26
Grimelund	92,673	32	43	53	64	29
Holmenkollen	94,420	31	42	52	63	42
Ullern	94,870	31	42	52	63	26
Kjelsås	95,065	31	42	52	63	21
Myrer	95,711	31	41	52	62	40
Bekkelaget	96,944	30	41	51	61	26
Enerhaugen	97,267	30	41	51	61	16
Røa	97,608	30	40	51	61	32
Ulven	98,207	30	40	50	61	27
Sofienberg	98,489	30	40	50	60	19
Sinsen	101,115	29	39	49	59	21
Lilleaker	101,876	29	39	49	58	28
Løren	103,084	29	38	48	58	30
Nordberg	103,597	28	38	48	57	30
Kværnerbyen	104,731	28	38	47	57	18
Rodeløkka	105,619	28	37	47	56	22
Ensjø	105,921	28	37	47	56	20
Montebello-Hoff	108,391	27	36	46	55	23
Grünerløkka	108,470	27	36	46	55	17
Ila	108,941	27	36	45	55	21
Slemdal	109,258	27	36	45	54	32
Hammersborg	110,107	27	36	45	54	15
Bygdøy	110,358	27	36	45	54	33
Torshov	110,655	27	36	45	54	26
Sandaker	112,857	26	35	44	53	26
Korsvoll	113,693	26	35	43	52	29
Disen	113,940	26	35	43	52	30
Vinderen	114,077	26	35	43	52	23
Vålerenga	114,772	26	34	43	52	16
Tåsen	115,909	25	34	43	51	25
Sagene	117,392	25	34	42	51	23
Skøyen	117,873	25	33	42	50	20
Iladalen	120,316	24	33	41	49	23
Fagerborg	122,680	24	32	40	48	24
Lindern	122,695	24	32	40	48	23
Ullevål hageby	126,439	23	31	39	47	27
Sentrum	127,313	23	31	39	47	15
Majorstuen	128,654	23	31	38	46	12
Bjølsen	129,933	23	30	38	46	28
Frogner	129,935	23	30	38	46	21
Frognerparken	130,872	22	30	38	45	22
Homansbyen	131,713	22	30	37	45	19
Uranienborg	134,701	22	29	37	44	17
Skillebekk	145,157	20	27	34	41	20
Bispevika	161,618	18	24	30	37	14

Why the budget matters so much

NBBL estimated that a typical single first-time buyer in Oslo in 2023 had a home budget of 3.2 million kroner and could afford 3.1 percent of the homes on the market.¹

How the home loan rules work

The rules decide how large a budget you can actually have. They apply to banks, with a few exceptions.²

A home loan normally cannot exceed 90 percent of the home’s value, so you need at least 10 percent equity.
Your total debt cannot exceed five times your annual income.
If the loan is above 60 percent of the home’s value you must repay principal, at least 2.5 percent of the loan a year or the equivalent over 30 years.
The bank must check that you can service the loan at an interest rate three percentage points higher, and at a rate of at least 7 percent.
Banks may make exceptions to the rules for a small share of their lending, 8 percent a quarter in Oslo, so the rules do not bind every applicant equally.

Highest purchase price under the rules (simplified)

The most you can buy for with a given income and equity, when total debt is at most five times your income and the loan is at most 90 percent of the price.

Highest purchase price under the rules (simplified)
Annual income	Equity	Highest purchase price
600,000 kr	400,000 kr	3,400,000 kr
600,000 kr	800,000 kr	3,800,000 kr
800,000 kr	600,000 kr	4,600,000 kr
800,000 kr	1,000,000 kr	5,000,000 kr
1,000,000 kr	800,000 kr	5,800,000 kr
1,200,000 kr	1,000,000 kr	7,000,000 kr

This is an upper limit, not an assessment of what your bank will lend you. The bank also checks that you can handle a higher interest rate and takes other debt and expenses into account. This is not financial advice, so speak to a bank before you bid.

See what a specific budget buys

How to read the figures

Prices are typical square-metre prices for sold apartments in each area, and some are modelled local prices. A single home can sit well above or below the average. Size says nothing about condition, floor or shared debt, so use the figures to decide where to look, not to estimate the price of a particular home.

Sources and method

Sources for the rules and figures

One source: NBBL: Det blir vanskeligere å bli boligeier i Norge. ↑
Confirmed by several sources: Lovdata (Finansdepartementet): Forskrift om finansforetakenes utlånspraksis, Store norske leksikon: utlånsforskriften. ↑

Updated October 10, 2026 · Written with AI assistance and reviewed by Stedsvalg.

How the figures are calculated

Prices are typical square-metre prices for sold apartments, the same figures as on the place pages (see sources there). Travel time is measured with Entur to Oslo S, arriving 08:30. Areas without their own local price are left out.

Method

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