What is the approximate cost of a normal flat in Iceland?

What is the approximate cost of a normal flat in Iceland?

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If you are wondering “What is the approximate cost of a normal flat in Iceland”, you have entered the right site. It depends on a lot of different factors to clarify the approximate cost of a normal flat in Iceland, but we will try to give you a summary of the cost below.

Reykjavik is an expensive city and monthly rent for an individual is typically from 100,000 ISK and up. Around two-thirds of Iceland‘s population lives in Greater Reykjavík (Capital region) which makes it by far the largest housing market.

If you are looking for cheaper options for rent, then you can rent a single room in a shared apartment or a studio. Student housing is the most affordable housing you can get. It is always cheaper to move outside the city centre of Reykjavik.

If you want to buy an apartment in the city centre of Reykjavik it costs around 568,000 ISK per square metre. Where you are looking for housing has a huge influence on the price. If you are looking outside Reykjavik in smaller towns and villages they will likely be cheaper.

On housingtarget.com you can get a comprehensive overview of flats for rent in Iceland that are available at this very moment. We provide you with an upper hand in terms of a notification service that lets you know right away when anything that matches your criteria becomes available.

Read more about where you can find apartments for rent here: "Where to find apartments for rent?"