Property Prices in Iceland

Index Info
Price to Income Ratio: 7.16
Mortgage as Percentange of Income: 63.36%
Loan Affordability Index: 1.58
Price to Rent Ratio - City Centre: 15.18
Price to Rent Ratio - Outside of Centre: 13.57
Gross Rental Yield (City Centre): 6.59%
Gross Rental Yield (Outside of Centre): 7.37%
Rent Per Month [ Edit ] Range
Apartment (1 bedroom) in City Centre 171,505.41 kr 120,000.00-220,000.00
Apartment (1 bedroom) Outside of Centre 137,249.20 kr 100,000.00-180,000.00
Apartment (3 bedrooms) in City Centre 263,846.15 kr 210,000.00-300,000.00
Apartment (3 bedrooms) Outside of Centre 220,000.00 kr 165,000.00-250,000.00
Buy Apartment Price [ Edit ]
Price per Square Feet to Buy Apartment in City Centre 49,334.54 kr 37,160.91-60,386.47
Price per Square Feet to Buy Apartment Outside of Centre 35,885.29 kr 27,870.68-46,451.13
Salaries And Financing [ Edit ]
Average Monthly Net Salary (After Tax) 320,230.46 kr
Mortgage Interest Rate in Percentages (%), Yearly, Fixed-Rate 6.36 4.15-7.80

These data are based on 259 entries in the past 18 months from 41 different contributors.
Last update: December 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!