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🇮🇸Iceland rent inflation

Iceland's rent inflation is 7.7% as of August 2026, from official Eurostat data. It fell from 7.9% the previous month. Over the period shown it has ranged from 2.3% to 11.7%. That is 5.1 percentage points above the euro-area average of 2.6% — the 4th of 30 European countries that report it.

Rent inflation · Iceland
7.7%
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▼ 0.2 pp
Iceland rent inflation, last 10 years
Source: Eurostat (prc_hicp_minr) · data through August 2026 · released 2026-09-17 · modifications: none

Rent inflation is the year-on-year change in the rents tenants actually pay (HICP class 04.1). It is a rate of change, not an average rent.

See the full rent inflation ranking across Europe →

Iceland rent inflation — frequently asked questions

What is Iceland's rent inflation?
Iceland's rent inflation is 7.7% as of August 2026, from official Eurostat data.
How does Iceland's rent inflation compare with the euro area?
It is the 4th-highest of 30 European countries that report it, against a euro-area average of 2.6%.
Is Iceland's rent inflation rising or falling?
It fell from 7.9% to 7.7% in the latest reading (August 2026).

Iceland — more indicators

Rent inflation in other countries