Property Prices in Iceland

Index Info
Price to Income Ratio: 6.58
Mortgage as Percentange of Income: 58.29%
Loan Affordability Index: 1.72
Price to Rent Ratio - City Centre: 14.55
Price to Rent Ratio - Outside of Centre: 13.51
Gross Rental Yield (City Centre): 6.87%
Gross Rental Yield (Outside of Centre): 7.40%
Rent Per Month [ Edit ] Range
Apartment (1 bedroom) in City Centre 182,830.19 kr 140,000.00-250,000.00
Apartment (1 bedroom) Outside of Centre 150,613.55 kr 100,000.00-200,000.00
Apartment (3 bedrooms) in City Centre 284,375.00 kr 220,000.00-350,000.00
Apartment (3 bedrooms) Outside of Centre 231,489.36 kr 184,500.00-288,000.00
Buy Apartment Price [ Edit ]
Price per Square Feet to Buy Apartment in City Centre 50,623.63 kr 42,140.65-60,386.47
Price per Square Feet to Buy Apartment Outside of Centre 38,540.09 kr 32,515.79-46,451.13
Salaries And Financing [ Edit ]
Average Monthly Net Salary (After Tax) 364,699.65 kr
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.38 5.00-7.50

These data are based on 332 entries in the past 18 months from 53 different contributors.
Last update: November 2018
Our data for each country are based on all entries from all cities in that country.

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DeutschImmobilienpreise in Island
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EspañolPrecios de Inmuebles en Islandia

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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!