Property Prices in Iceland
| Index |  |
|---|---|
| Price to Income Ratio: | 7.61 |
| Mortgage as Percentage of Income: | 87.54% |
| Loan Affordability Index: | 1.14 |
| Price to Rent Ratio - City Centre: | 17.06 |
| Price to Rent Ratio - Outside of Centre: | 16.36 |
| Gross Rental Yield (City Centre): | 5.86% |
| Gross Rental Yield (Outside of Centre): | 6.11% |
Rent Per Month |  Edit |
Range |
|---|---|---|
| Apartment (1 bedroom) in City Centre | 275,000.00 kr | |
| Apartment (1 bedroom) Outside of Centre | 248,333.33 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 | 86,370.14 kr | |
| Price per Square Feet to Buy Apartment Outside of Centre | 73,312.85 kr | |
Salaries And Financing | Edit |
|
| Average Monthly Net Salary (After Tax) | 564,549.52 kr | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 9.90 |
These data are based on 290 entries from 51 contributors over the past 18 months.
Last update: May 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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