Property Prices in Iceland

Index Info
Price to Income Ratio: 6.25
Mortgage as Percentage of Income: 53.35%
Loan Affordability Index: 1.87
Price to Rent Ratio - City Centre: 15.16
Price to Rent Ratio - Outside of Centre: 14.13
Gross Rental Yield (City Centre): 6.60%
Gross Rental Yield (Outside of Centre): 7.08%
Rent Per Month
[ Edit ] Range
Apartment (1 bedroom) in City Centre 179,976.60 kr 130,000.00-250,000.00
Apartment (1 bedroom) Outside of Centre 148,810.74 kr 100,000.00-200,000.00
Apartment (3 bedrooms) in City Centre 281,608.70 kr 220,000.00-400,000.00
Apartment (3 bedrooms) Outside of Centre 242,116.28 kr 200,000.00-320,000.00
Buy Apartment Price
[ Edit ]
Price per Square Feet to Buy Apartment in City Centre 52,060.48 kr 37,160.91-67,949.43
Price per Square Feet to Buy Apartment Outside of Centre 40,773.38 kr 32,515.79-55,741.36
Salaries And Financing
[ Edit ]
Average Monthly Net Salary (After Tax) 399,390.27 kr
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 5.90 3.90-7.33

These data are based on 500 entries in the past 18 months from 71 different contributors.
Last update: November 2020
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