Property Prices in Iceland
| Index |  |
|---|---|
| Price to Income Ratio: | 7.73 |
| Mortgage as Percentage of Income: | 88.09% |
| Loan Affordability Index: | 1.14 |
| Price to Rent Ratio - City Centre: | 16.91 |
| Price to Rent Ratio - Outside of Centre: | 16.20 |
| Gross Rental Yield (City Centre): | 5.91% |
| Gross Rental Yield (Outside of Centre): | 6.17% |
Rent Per Month |  Edit |
Range |
|---|---|---|
| Apartment (1 bedroom) in City Centre | 275,000.00 kr | |
| Apartment (1 bedroom) Outside of Centre | 250,000.00 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 | 72,898.79 kr | |
Salaries And Financing | Edit |
|
| Average Monthly Net Salary (After Tax) | 551,509.82 kr | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 9.76 |
These data are based on 294 entries from 53 contributors over the past 18 months.
Last update: April 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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