Property Prices in Iceland

Index Info
Price to Income Ratio: 6.53
Mortgage as Percentange of Income: 57.42%
Loan Affordability Index: 1.74
Price to Rent Ratio - City Centre: 14.36
Price to Rent Ratio - Outside of Centre: 13.57
Gross Rental Yield (City Centre): 6.96%
Gross Rental Yield (Outside of Centre): 7.37%
Rent Per Month [ Edit ] Range
Apartment (1 bedroom) in City Centre 178,645.83 kr 130,000.00-250,000.00
Apartment (1 bedroom) Outside of Centre 144,478.99 kr 95,000.00-190,000.00
Apartment (3 bedrooms) in City Centre 278,095.24 kr 210,000.00-350,000.00
Apartment (3 bedrooms) Outside of Centre 225,853.66 kr 180,000.00-280,000.00
Buy Apartment Price [ Edit ]
Price per Square Feet to Buy Apartment in City Centre 48,839.85 kr 37,160.91-55,741.36
Price per Square Feet to Buy Apartment Outside of Centre 37,384.40 kr 26,012.63-46,451.13
Salaries And Financing [ Edit ]
Average Monthly Net Salary (After Tax) 355,408.06 kr
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.28 4.30-7.80

These data are based on 293 entries in the past 18 months from 48 different contributors.
Last update: September 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!