Property Prices in Reykjavik, Iceland

Index Info
Price to Income Ratio: 6.72
Mortgage as Percentange of Income: 59.92%
Loan Affordability Index: 1.67
Price to Rent Ratio - City Centre: 14.29
Price to Rent Ratio - Outside of Centre: 13.77
Gross Rental Yield (City Centre): 7.00%
Gross Rental Yield (Outside of Centre): 7.26%
Rent Per Month [ Edit ] Range
Apartment (1 bedroom) in City Centre 187,424.24 kr 150,000.00-250,000.00
Apartment (1 bedroom) Outside of Centre 151,206.90 kr 110,000.00-200,000.00
Apartment (3 bedrooms) in City Centre 292,968.75 kr 250,000.00-350,000.00
Apartment (3 bedrooms) Outside of Centre 238,181.82 kr 200,000.00-280,000.00
Buy Apartment Price [ Edit ]
Price per Square Feet to Buy Apartment in City Centre 51,066.97 kr 45,522.11-74,321.81
Price per Square Feet to Buy Apartment Outside of Centre 39,823.02 kr 32,515.79-46,451.13
Salaries And Financing [ Edit ]
Average Monthly Net Salary (After Tax) 363,734.17 kr
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.45 5.00-7.50

These data are based on 214 entries in the past 18 months from 33 different contributors.
Last update: May 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