Property Prices in Iceland

Index Info
Price to Income Ratio: 7.19
Mortgage as Percentange of Income: 64.05%
Loan Affordability Index: 1.56
Price to Rent Ratio - City Centre: 15.05
Price to Rent Ratio - Outside of Centre: 13.28
Gross Rental Yield (City Centre): 6.64%
Gross Rental Yield (Outside of Centre): 7.53%
Rent Per Month [ Edit ] Range
Apartment (1 bedroom) in City Centre 169,592.78 kr 112,024.10-220,000.00
Apartment (1 bedroom) Outside of Centre 134,829.05 kr 90,000.00-175,000.00
Apartment (3 bedrooms) in City Centre 265,789.47 kr 200,000.00-300,000.00
Apartment (3 bedrooms) Outside of Centre 220,512.82 kr 160,000.00-260,000.00
Buy Apartment Price [ Edit ]
Price per Square Feet to Buy Apartment in City Centre 48,727.24 kr 37,160.91-60,386.47
Price per Square Feet to Buy Apartment Outside of Centre 34,797.06 kr 27,870.68-46,451.13
Salaries And Financing [ Edit ]
Average Monthly Net Salary (After Tax) 312,656.75 kr
Mortgage Interest Rate in Percentages (%), Yearly 6.45 4.15-7.80

These data are based on 268 entries in the past 18 months from 45 different contributors.
Last update: October 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!