Property Prices in Iceland

Index Info
Price to Income Ratio: 6.62
Mortgage as Percentange of Income: 58.25%
Loan Affordability Index: 1.72
Price to Rent Ratio - City Centre: 14.45
Price to Rent Ratio - Outside of Centre: 13.50
Gross Rental Yield (City Centre): 6.92%
Gross Rental Yield (Outside of Centre): 7.40%
Rent Per Month [ Edit ] Range
Apartment (1 bedroom) in City Centre 179,767.44 kr 130,000.00-240,000.00
Apartment (1 bedroom) Outside of Centre 146,461.60 kr 100,000.00-190,000.00
Apartment (3 bedrooms) in City Centre 279,868.42 kr 200,000.00-350,000.00
Apartment (3 bedrooms) Outside of Centre 228,276.32 kr 180,000.00-280,000.00
Buy Apartment Price [ Edit ]
Price per Square Feet to Buy Apartment in City Centre 49,450.54 kr 37,160.91-60,386.47
Price per Square Feet to Buy Apartment Outside of Centre 37,672.08 kr 26,012.63-46,451.13
Salaries And Financing [ Edit ]
Average Monthly Net Salary (After Tax) 354,132.92 kr
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.29 4.30-7.50

These data are based on 269 entries in the past 18 months from 43 different contributors.
Last update: July 2018
Our data for each country are based on all entries from all cities in that country.

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Property Prices in this country for some cities: Akureyri, Reykjavik

We would like to gather more data for: Akranes, Bakkafjordur, Bildudalur, Blonduos, Bolungarvik, Bordeyri, Borgarnes, Dalvik, Drangsnes, Egilsstadir, Eidar, ... Update information for Iceland!