Is it profitable to do Airbnb in Reykjavik, Iceland?
What is the occupancy rate of Airbnb in Reykjavik, Iceland?
What is the average daily rate of Airbnb in Reykjavik, Iceland?
Iceland / Reykjavik
Reykjavik, Airbnb Market Statistics & Data, Iceland
A typical short-term rental listing in Reykjavik is booked for 288 nights a year, with a median occupancy rate of 79% and an average daily rate of $193. In 2023, a typical host income (annual revenue) was $51K. As of 12th September, 2024, there are 2,467 active Airbnb listings.
Average Revenue: $51K/yr
Occupancy Rate
79%
Avg Daily Rate
$193
Mid Scale
No. of Listings
4,720
Medium
YoY Revenue Change
2.19%
Best Month
August
** Period: 2023 Aug - 2024 July | Last Updated on: 12th September, 2024
Revenue By Month
2023-08 - 2024-07
Low
$3,187
Average
$4,227
High
$5,894
Is Airbnb Profitable in Reykjavik?
Yes, there is good short-term rental demand. A 79% median occupancy rate is considered a good market for Airbnb. The graph below shows the average monthly host income by month.
Tip! investing in a short-term rental can be highly stable and profitable. It’s stable because housing has been one of the most stable asset classes. Also, when you can’t do an Airbnb anymore, you can still rent it out to a long-term tenant with a lower yield. It is highly profitable because the monthly cash flow from short-term rental investment typically is double the amount of traditional rentals.
Starting an Airbnb in Reykjavik
Short-term rental regulation is lenient in Reykjavik. Very few Airbnb listing currently have put their license number on their Airbnb listing. This likely means the local government is not strictly enforcing the short-term rental-related regulations.
Average Airbnb Occupancy Rate in Reykjavik
A typical listing recorded a 79% average occupancy rate between 2023-08 - 2024-07. In this graph, you can see the occupancy rate distribution. About 98.46% of the guests are international guests, and visitors from United states is the largest group. Learn more about guest origin!.
You can find the distribution graph of daily rate and revenue in our market dashboard.
You can find the distribution graph of daily rate and revenue in our market dashboard.
Occupancy Rate: 79%
2,467 Active Listings
Signup and check out more in-depth vacation rental data for free.
Explore Reykjavik's Airbnb Data ⟶
Best Areas in Reykjavik for Airbnb
Are you wondering where to invest in Reykjavik? Look no further!
- Downtown Reykjavik
- Hallgrimskirkja Church
- Harpa Concert Hall and Conference Centre
- Perlan
- Old Harbor
- National Museum of Iceland
- Laugavegur Shopping Street
- Sun Voyager Sculpture
- Whale Watching Tours
- Golden Circle Tour
Top demand Airbnb in Reykjavik
Airbtics has been tracking all Airbnb listings since 2019. This allows us to understand interesting metrics, like which properties earn the most in the market. Here are our top picks. Go to the app to find detailed information about 2,467 listings.
See 2,467 listing Statistics
Professional Short-term rental property managers in Reykjavik
We've compiled a list of host profiles that manage the most Airbnb properties in Reykjavik. The dashboard shows their average occupancy rate, revenue, and year-over-year changes.
Other short-term rental market data in Reykjavik
Here is a breakdown of short-let properties in Reykjavik. You might wonder about more specific data before buying an Airbnb property. For example, how much can an average listing with 4 bedrooms and a pool make? Or, what is the seasonality in booking? When is the peak month? Click the below button and check out more in-depth vacation rental data for free.
Property Size
Amenities
Property Type
Cancelation Policy Type
By Channel Type