Property Prices in Reykjavik, Iceland

Index Info
Price to Income Ratio: 6.89
Mortgage as Percentange of Income: 61.43%
Loan Affordability Index: 1.63
Price to Rent Ratio - City Centre: 14.83
Price to Rent Ratio - Outside of Centre: 13.74
Gross Rental Yield (City Centre): 6.74%
Gross Rental Yield (Outside of Centre): 7.28%
Rent Per Month [ Edit ] Range
Apartment (1 bedroom) in City Centre 184,032.26 kr 150,000.00-240,000.00
Apartment (1 bedroom) Outside of Centre 149,178.57 kr 110,000.00-190,000.00
Apartment (3 bedrooms) in City Centre 279,814.81 kr 250,000.00-320,000.00
Apartment (3 bedrooms) Outside of Centre 234,827.59 kr 200,000.00-270,000.00
Buy Apartment Price [ Edit ]
Price per Square Feet to Buy Apartment in City Centre 51,441.31 kr 46,451.13-65,031.59
Price per Square Feet to Buy Apartment Outside of Centre 39,195.47 kr 32,515.79-46,451.13
Salaries And Financing [ Edit ]
Average Monthly Net Salary (After Tax) 353,853.24 kr
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.45 5.00-7.80

These data are based on 192 entries in the past 18 months from 31 different contributors.
Last update: February 2018

Sources and References: Info
No sources and references provided yet.
Add new source here:
Sign up for our newsletter:
Your email address:
Leave a comment:
Your name: Sign In
Your email address (optional):
Your comment (no HTML):

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