Property Prices in Iceland

Index Info
Price to Income Ratio: 7.13
Mortgage as Percentange of Income: 64.92%
Loan Affordability Index: 1.54
Price to Rent Ratio - City Centre: 15.00
Price to Rent Ratio - Outside of Centre: 13.14
Gross Rental Yield (City Centre): 6.66%
Gross Rental Yield (Outside of Centre): 7.61%
Rent Per Month [ Edit ] Range
Apartment (1 bedroom) in City Centre 165,431.70 kr 100,000.00-210,000.00
Apartment (1 bedroom) Outside of Centre 130,252.99 kr 90,000.00-175,000.00
Apartment (3 bedrooms) in City Centre 266,052.63 kr 180,000.00-300,000.00
Apartment (3 bedrooms) Outside of Centre 220,769.23 kr 156,802.00-260,000.00
Buy Apartment Price [ Edit ]
Price per Square Feet to Buy Apartment in City Centre 47,899.37 kr 37,160.91-60,386.47
Price per Square Feet to Buy Apartment Outside of Centre 33,769.97 kr 27,870.68-41,806.02
Salaries And Financing [ Edit ]
Average Monthly Net Salary (After Tax) 308,143.35 kr
Mortgage Interest Rate in Percentages (%), Yearly 6.72 5.00-7.80

These data are based on 274 entries in the past 18 months from 45 different contributors.
Last update: August 2017
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!