The city offers a wide range of reasonably priced housing options for local residents. There are about 17,700 state- subsidised rental flats and some 1,700 right-of-occupancy dwellings. Housing entities that own rental housing also offer non-subsidised rental flats. The largest landlord in the City of Oulu is Sivakka-yhtymä Oy.
The housing types available in Oulu are owner-occupied housing, rented housing, right-of-occupancy housing and part-ownership housing.