Property Prices in Iceland

Index Info
Price to Income Ratio: 6.78
Mortgage as Percentange of Income: 59.73%
Loan Affordability Index: 1.67
Price to Rent Ratio - City Centre: 15.08
Price to Rent Ratio - Outside of Centre: 13.71
Gross Rental Yield (City Centre): 6.63%
Gross Rental Yield (Outside of Centre): 7.29%
Rent Per Month [ Edit ] Range
Apartment (1 bedroom) in City Centre 176,111.11 kr 110,000.00-220,000.00
Apartment (1 bedroom) Outside of Centre 144,500.00 kr 100,000.00-190,000.00
Apartment (3 bedrooms) in City Centre 261,666.67 kr 200,000.00-300,000.00
Apartment (3 bedrooms) Outside of Centre 223,030.30 kr 180,000.00-250,000.00
Buy Apartment Price [ Edit ]
Price per Square Feet to Buy Apartment in City Centre 49,612.30 kr 41,806.02-65,031.59
Price per Square Feet to Buy Apartment Outside of Centre 37,578.26 kr 27,870.68-46,451.13
Salaries And Financing [ Edit ]
Average Monthly Net Salary (After Tax) 345,867.05 kr
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.30 4.15-7.80

These data are based on 240 entries in the past 18 months from 36 different contributors.
Last update: March 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!