Property Prices in Iceland
| Index |  |
|---|---|
| Price to Income Ratio: | 7.65 |
| Mortgage as Percentage of Income: | 86.87% |
| Loan Affordability Index: | 1.15 |
| Price to Rent Ratio - City Centre: | 16.83 |
| Price to Rent Ratio - Outside of Centre: | 16.14 |
| Gross Rental Yield (City Centre): | 5.94% |
| Gross Rental Yield (Outside of Centre): | 6.19% |
Rent Per Month |  Edit |
Range |
|---|---|---|
| Apartment (1 bedroom) in City Centre | 277,291.67 kr | |
| Apartment (1 bedroom) Outside of Centre | 249,310.34 kr | |
| Apartment (3 bedrooms) in City Centre | 393,961.54 kr | |
| Apartment (3 bedrooms) Outside of Centre | 338,074.07 kr | |
Buy Apartment Price | Edit |
|
| Price per Square Feet to Buy Apartment in City Centre | 85,617.11 kr | |
| Price per Square Feet to Buy Apartment Outside of Centre | 72,524.16 kr | |
Salaries And Financing | Edit |
|
| Average Monthly Net Salary (After Tax) | 556,288.89 kr | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 9.72 |
These data are based on 296 entries in the past 18 months from 54 different contributors.
Last update: March 2025
Our data for each country are based on all entries from all cities in that country.
Sources and References
This page in other languages:
 DeutschImmobilienpreise in Island
|
 PortuguêsPreços de Imóveis na Islândia
|
 ItalianoPrezzi delle proprietà immobiliari in Islanda
|
 FrançaisPrix de l'immobilier en Islande
|
 EspañolPrecios de Inmuebles en Islandia
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