
Home Price Key
These days, finding an affordable place to live in the Oslo area can be challenging. Home prices in Oslo are now at a median cost of $132,266, lower than the Minnesota average of $269,934.
The average cost of rent is $550/mo in Oslo, primarily driven by the current value of real estate in the Oslo area. While nearly 50.14% of residents own their homes outright in Oslo, 7.69% rent.
Housing affordability isn’t just about home prices, though. The average household income in Oslo is $5,930 per month. Households that rent pay about 9.28% of their income on rent here. Oslo's most expensive areas are in the southeastern regions, while the cheapest areas are in the eastern parts of the city.
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