Property Prices in Reykjavik, Iceland

Index Info
Price to Income Ratio: 6.47
Mortgage as Percentange of Income: 57.56%
Loan Affordability Index: 1.74
Price to Rent Ratio - City Centre: 13.85
Price to Rent Ratio - Outside of Centre: 13.07
Gross Rental Yield (City Centre): 7.22%
Gross Rental Yield (Outside of Centre): 7.65%
Rent Per Month [ Edit ] Range
Apartment (1 bedroom) in City Centre 195,731.71 kr 150,000.00-250,000.00
Apartment (1 bedroom) Outside of Centre 158,428.57 kr 100,000.00-200,000.00
Apartment (3 bedrooms) in City Centre 302,236.84 kr 250,000.00-350,000.00
Apartment (3 bedrooms) Outside of Centre 241,578.95 kr 190,000.00-300,000.00
Buy Apartment Price [ Edit ]
Price per Square Feet to Buy Apartment in City Centre 51,448.23 kr 44,593.09-60,386.47
Price per Square Feet to Buy Apartment Outside of Centre 39,094.63 kr 32,515.79-46,451.13
Salaries And Financing [ Edit ]
Average Monthly Net Salary (After Tax) 376,603.77 kr
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.43 5.00-7.50

These data are based on 263 entries in the past 18 months from 41 different contributors.
Last update: November 2018

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1 Comments so far

#Sunghyun Kim on Aug 22, 2015 :
I am come from South Korea.
I am looking for 3-bedroom apartment by rental for six month or over in Reykjavik
Would you please recomand with me for rental
Now I am staying in Reykjavik.
Please call me at +821097545411

Kind Regards
Mr.Sunghyun Kim