Property Prices in Iceland

Index Info
Price to Income Ratio: 7.23
Mortgage as Percentange of Income: 66.60%
Loan Affordability Index: 1.50
Price to Rent Ratio - City Centre: 14.59
Price to Rent Ratio - Outside of Centre: 13.02
Gross Rental Yield (City Centre): 6.85%
Gross Rental Yield (Outside of Centre): 7.68%
Rent Per Month [ Edit ] Range
Apartment (1 bedroom) in City Centre 162,758.49 kr 100,000.00-200,000.00
Apartment (1 bedroom) Outside of Centre 129,204.86 kr 85,000.00-170,000.00
Apartment (3 bedrooms) in City Centre 263,714.29 kr 200,000.00-300,000.00
Apartment (3 bedrooms) Outside of Centre 216,081.08 kr 156,802.00-250,000.00
Buy Apartment Price [ Edit ]
Price per Square Feet to Buy Apartment in City Centre 45,967.56 kr 37,160.91-55,741.36
Price per Square Feet to Buy Apartment Outside of Centre 33,009.10 kr 26,012.63-40,226.68
Salaries And Financing [ Edit ]
Average Monthly Net Salary (After Tax) 294,052.67 kr
Mortgage Interest Rate in Percentages (%), Yearly 6.88 5.00-8.00

These data are based on 256 entries in the past 18 months from 43 different contributors.
Last update: June 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, Dalvik, Drangsnes, Egilsstadir, Eidar, Eskifjorour, ... Update information for Iceland!