Property Prices in Iceland

Index Info
Price to Income Ratio: 6.59
Mortgage as Percentange of Income: 61.74%
Loan Affordability Index: 1.62
Price to Rent Ratio - City Centre: 13.11
Price to Rent Ratio - Outside of Centre: 12.42
Gross Rental Yield (City Centre): 7.63%
Gross Rental Yield (Outside of Centre): 8.05%
Rent Per Month [ Edit ] Avg. Range
Apartment (1 bedroom) in City Centre 155,988.27 kr 90,000.00-200,000.00
Apartment (1 bedroom) Outside of Centre 120,015.49 kr 70,000.00-160,000.00
Apartment (3 bedrooms) in City Centre 262,087.06 kr 190,000.00-300,000.00
Apartment (3 bedrooms) Outside of Centre 205,882.35 kr 136,077.48-250,000.00
Buy Apartment Price [ Edit ] Avg.
Price per Square Feet to Buy Apartment in City Centre 40,204.16 kr 31,586.77-51,096.25
Price per Square Feet to Buy Apartment Outside of Centre 29,575.47 kr 23,225.57-37,160.91
Salaries And Financing [ Edit ] Avg.
Average Monthly Disposable Salary (Net After Tax) 284,975.21 kr
Mortgage Interest Rate in Percentages (%), Yearly 7.09 5.85-8.00

These data are based on 247 entries in the past 18 months from 42 different contributors.
Last update: February, 2017
Our data for each country are based on all entries from all cities in that country.

Sources and References: Info
No sources and references provided yet.
Add new source here:
More about Iceland: Cost of Living | Crime | Climate | Food Prices | Gas Prices | Health Care | Pollution | Property Prices | Quality of Life | Taxi Fare | Traffic

Property Prices in this country for some cities: Akureyri, Reykjavik

We would like to gather more data for: Akranes, Bakkafjordur, Bildudalur, Blonduos, Bolungarvik, Bordeyri, Dalvik, Drangsnes, Egilsstadir, Eidar, Eskifjorour, ... Update information for Iceland!