Reykjavik, Capital Region Airbnb Market Data 2026: STR Report & Statistics
How much can you earn on Airbnb in Reykjavik, Capital Region? Based on AirROI's 2026 dataset (April 2025 – March 2026), the short answer is $34,661 per year — at a $288 nightly rate, 47.6% occupancy, and a $138 RevPAR that reflects moderate rate-to-revenue efficiency with room to optimize.
With 1,740 active listings and moderate demand with room for well-positioned listings to outperform, Reykjavik is an established vacation rental market. Supply grew 34.5% over the past year, yet revenue and nightly rates both trended upward — a signal that traveler demand is outpacing new inventory rather than being diluted by it. For hosts, pricing power remains intact even as competition increases.
Regulation data is limited for this market, and hosts should verify short-term rental rules with the local government. The data points to a market where fundamentals reward execution — the right property, priced well, in the right neighborhood still outperforms.
Table of Contents [hide] [show]
What Are the Key Airbnb Metrics in Reykjavik?
In Reykjavik, the headline Airbnb metrics are $34,661 in average annual revenue,47.6% occupancy, $288 ADR, and $138 in RevPAR, and guests book about 74 days in advance.
How Much Do Airbnb Hosts Earn Monthly in Reykjavik?
Understanding the monthly revenue variations for Airbnb listings in Reykjavik is key to maximizing your short term rental income potential. Seasonality significantly impacts earnings. Our analysis, based on data from the past 12 months, shows that the peak revenue month for STRs in Reykjavik is typically August, while January often presents the lowest earnings, highlighting opportunities for strategic pricing adjustments during shoulder and low seasons. Explore the typical Airbnb income in Reykjavik across different performance tiers:
- Best-in-class properties (Top 10%) achieve $8,595+ monthly, often utilizing dynamic pricing and superior guest experiences.
- Strong performing properties (Top 25%) earn $5,620 or more, indicating effective management and desirable locations/amenities.
- Typical properties (Median) generate around $3,334 per month, representing the average market performance.
- Entry-level properties (Bottom 25%) see earnings around $1,713, often with potential for optimization.
Average Monthly Airbnb Earnings Trend in Reykjavik
What Is the Monthly Airbnb Occupancy Rate in Reykjavik?
Maximize your bookings by understanding the Reykjavik STR occupancy trends. Seasonal demand shifts significantly influence how often properties are booked. Typically, Augustsees the highest demand (peak season occupancy), while January experiences the lowest (low season). Effective strategies, like adjusting minimum stays or offering promotions, can boost occupancy during slower periods. Here's how different property tiers perform in Reykjavik:
- Best-in-class properties (Top 10%) achieve 88%+ occupancy, indicating high desirability and potentially optimized availability.
- Strong performing properties (Top 25%) maintain 74% or higher occupancy, suggesting good market fit and guest satisfaction.
- Typical properties (Median) have an occupancy rate around 49%.
- Entry-level properties (Bottom 25%) average 23% occupancy, potentially facing higher vacancy.
Average Monthly Occupancy Rate Trend in Reykjavik
What Is the Average Airbnb Nightly Rate in Reykjavik?
Effective short term rental pricing strategy in Reykjavik involves understanding monthly ADR fluctuations. The Average Daily Rate (ADR) for Airbnb in Reykjavik typically peaks in December and dips lowest during April. Leveraging Airbnb dynamic pricing tools or strategies based on this seasonality can significantly boost revenue. Here's a look at the typical nightly rates achieved:
- Best-in-class properties (Top 10%) command rates of $481+ per night, often due to premium features or locations.
- Strong performing properties (Top 25%) achieve nightly rates of $326 or more.
- Typical properties (Median) charge around $226 per night.
- Entry-level properties (Bottom 25%) earn around $166 per night.
Average Daily Rate (ADR) Trend by Month in Reykjavik
What Is the RevPAR for Airbnb in Reykjavik?
RevPAR in Reykjavik is currently $138. Because RevPAR combines nightly rates with realized occupancy, it is one of the cleanest ways to compare how efficiently listings turn demand into revenue across the market.
- Entry-level properties (Bottom 25%) see $70 RevPAR.
- Typical properties (Median) generate $116 RevPAR.
- Strong performers (Top 25%) earn $174 RevPAR.
- Best-in-class (Top 10%) achieve $253 RevPAR.
Average Monthly RevPAR Trend in Reykjavik
RevPAR Insights for Reykjavik
- The average RevPAR in Reykjavik is $138. This metric combines nightly rates with realized occupancy, making it one of the best single-number indicators of market efficiency.
- The gap between the top 10% ($253) and bottom 25% ($70) is $183, indicating significant performance disparity driven by property quality, pricing strategy, and location.
- RevPAR peaks in Aug and bottoms out in Jan, mirroring the broader seasonal demand pattern and suggesting opportunities for dynamic pricing.
Recommendations for Hosts
- Track your own RevPAR monthly against these Reykjavik benchmarks. If your RevPAR falls below the median of $116, examine whether low occupancy or low ADR is the primary drag.
- Top-quartile listings achieve $174+ RevPAR through a combination of competitive pricing, strong reviews, and strategic amenities. Target this tier through incremental improvements.
- Use RevPAR rather than revenue alone when comparing properties of different sizes — it normalizes for available nights and gives a more accurate picture of performance.
Get Live Reykjavik Market Intelligence 👇
Explore Real-time Analytics
When Is the Peak Season for Airbnb in Reykjavik?
Reykjavik's peak Airbnb season falls in August, July, June, while the softest stretch is January, February, March. Overall, the market shows highly seasonal trends requiring careful strategy, which should guide pricing, minimum stays, and cash-flow planning.
Peak Season (August, July, June)
- Revenue averages $5,880 per month
- Occupancy rates average 60.2%
- Daily rates average $286
Shoulder Season
- Revenue averages $4,053 per month
- Occupancy maintains around 47.8%
- Daily rates hold near $271
Low Season (January, February, March)
- Revenue drops to average $3,090 per month
- Occupancy decreases to average 38.7%
- Daily rates adjust to average $283
Seasonality Insights for Reykjavik
- Airbnb seasonality in Reykjavik is pronounced. Revenue swings sharply between peak and low months, which means pricing strategy, minimum-stay settings, and cash reserves all need to account for extended slower periods.
- During the high season, the absolute peak month showcases Reykjavik's highest earning potential, with monthly revenues climbing to $6,368, occupancy reaching 63.1%, and ADRs peaking at $293.
- Conversely, the slowest single month marks the market's lowest point — revenue may dip to $2,942, occupancy could drop to 35.7%, and ADRs may adjust to $250.
- Understanding both the seasonal averages and these monthly peaks and troughs in revenue, occupancy, and ADR is crucial for maximizing your Airbnb profit potential in Reykjavik.
Seasonal Strategies for Maximizing Profit
- Peak Season: Maximize revenue through premium pricing and potentially longer minimum stays. Ensure high availability and consider tightening cancellation policies to reduce last-minute gaps.
- Low Season: Offer competitive pricing, extended-stay discounts, and flexible cancellation policies. Target off-season travelers like remote workers, budget-conscious guests, and travelers with flexible schedules.
- Shoulder Seasons: Implement dynamic pricing that bridges peak and low rates. Target weekend travelers, local events, and business visitors. Slightly more flexible terms than peak season can help maintain occupancy without deep discounting.
- In a highly seasonal market like Reykjavik, building a cash reserve during the top months is essential for covering fixed costs during the slow period. Automated pricing tools can help capture demand shifts in real time.
Do You Need a License for Airbnb in Reykjavik?
With 20% of listings showing registration in 2026, understanding potential Airbnb license requirements is crucial in Reykjavik. Always verify the latest short-term rental regulations and Airbnb license requirements directly with local government authorities for Reykjavik to ensure full compliance before hosting.
(Source: AirROI data, 2026, based on 20% licensed listings)
What Are the Best Neighborhoods for Airbnb in Reykjavik?
Reykjavik is a large short-term rental market, and performance varies significantly by location within the city. The neighborhoods below are among the most active areas for Airbnb hosts — each with distinct guest demographics, demand drivers, and local attractions. Use this as a starting point for neighborhood-level investment analysis in Reykjavik, Capital Region.
| Neighborhood / Area | Why Host Here? (Target Guests & Appeal) | Key Attractions & Landmarks |
|---|---|---|
| Downtown Reykjavik | The cultural and economic heart of Reykjavik, known for its vibrant nightlife, dining, and shopping scene. It attracts tourists looking for convenience and access to major attractions. | Hallgrímskirkja, Harpa Concert Hall, Laugavegur Shopping Street, Sun Voyager, Reykjavik Art Museum |
| Reykjavik Old Harbour | A picturesque area that offers stunning views of the waterfront, known for its restaurants and proximity to whale watching tours. Perfect for tourists seeking authentic experiences and local seafood. | Whale Watching Tours, Reykjavik Maritime Museum, Austurvöllur Park, Old Harbour restaurants, Museum of Photography |
| Laugardalur | A family-friendly area with parks and thermal pools. It's great for those who enjoy outdoor activities and local culture away from the city center bustle. | Laugardalslaug Swimming Pool, Reykjavik Zoo and Family Park, Laugardalur Park, Botanical Garden, Kringlan Shopping Center |
| Icelandic Highlands | A unique area for nature lovers. Close to stunning landscapes and hiking trails, ideal for adventure tourists looking to explore Iceland's natural beauty. | Þingvellir National Park, Gullfoss Waterfall, Geysir Geothermal Area, Skaftafell National Park, Landmannalaugar |
| Vesturbær | A charming neighborhood close to the sea, known for its local feel and great cafés. It offers a more residential vibe perfect for those seeking a longer stay. | Søndurgata Street, Austurstræti Beach, Icelandic National Museum, Reykjavik's old harbor, Local cafés |
| Hljomskalagardur | A lovely area known for its parks and open spaces, ideal for families and those looking for relaxation while still being close to downtown Reykjavik. | Tjörnin Pond, Reykjavik City Hall, Culture House, Children's Museum, Art Museum |
| Grandi | A rapidly gentrifying area filled with new restaurants, boutiques, and art galleries. An attractive option for younger travelers seeking a trendy atmosphere. | Grandi Harbour, Kopavogur Town Center, Reykjavik Flea Market, Cafés and Restaurants, Art Studios |
| Seltjarnarnes | A suburban area surrounded by nature and beaches, offering a quiet escape while still being close to downtown Reykjavik. Great for families and those seeking tranquility. | Seltjarnarnes Beach, Grotta Lighthouse, Seltjarnarnes Nature Reserve, Walking Trails, Bird Watching |
With 8 distinct neighborhoods showing meaningful short-term rental activity, Reykjavik offers diversification within a single market. Investors can tailor their strategy — from high-turnover tourist zones to quieter residential areas that attract longer stays and remote workers.
What Types of Properties Are on Airbnb in Reykjavik?
Room Type Distribution
Property Type Distribution
Market Composition Insights for Reykjavik
- The Reykjavik Airbnb market composition is heavily skewed towards Entire Home/Apt listings, which make up 83.9% of the 1,740 active rentals. This indicates strong guest preference for privacy and space.
- Looking at the property type distribution in Reykjavik, Apartment/Condo properties are the most common (78.2%), reflecting the local real estate landscape.
- The presence of 6.6% Hotel/Boutique listings indicates integration with traditional hospitality.
- Smaller segments like others, outdoor/unique, unique stays (combined 1.4%) offer potential for unique stay experiences.
Reykjavik Airbnb Room Capacity Analysis (2026): Bedroom Distribution
Distribution of Listings by Number of Bedrooms
Room Capacity Insights for Reykjavik
- The dominant room capacity in Reykjavik is 1 bedroom listings, making up 41.6% of the market. This suggests a strong demand for properties suitable for couples or solo travelers.
- Together, 1 bedroom and 2 bedrooms properties represent 66.8% of the active Airbnb listings in Reykjavik, indicating a high concentration in these sizes.
- A significant 21.3% of listings offer 3+ bedrooms, catering to larger groups and families seeking more space in Reykjavik.
Reykjavik Vacation Rental Guest Capacity Trends (2026)
Distribution of Listings by Guest Capacity
Guest Capacity Insights for Reykjavik
- The most common guest capacity trend in Reykjavik vacation rentals is listings accommodating 4 guests (27.8%). This suggests the primary traveler segment is likely small families or groups.
- Properties designed for 4 guests and 2 guests dominate the Reykjavik STR market, accounting for 54.3% of listings.
- 20.7% of properties accommodate 6+ guests, serving the market segment for larger families or group travel in Reykjavik.
- On average, properties in Reykjavik are equipped to host 3.7 guests.
How Do Listings in Reykjavik Compare on Quality?
Listing quality in Reykjavik can be approximated through presentation depth, bedroom count, and how often hosts disclose exact locations. These signals show how professionally the local supply base is merchandised.
Listing Quality Insights for Reykjavik
- The average of 19 photos is adequate but leaves room for improvement. Top-performing markets typically see 20+ photos per listing.
- 23.7% of listings show their exact location. Lower disclosure rates can increase booking hesitation — guests want to know exactly where they are staying.
Recommendations for Hosts
- Aim for 20+ high-quality photos covering every room, outdoor spaces, views, and the surrounding neighborhood. Professional photography can pay for itself within a few bookings.
- Enable exact location if possible — it removes a common source of guest uncertainty and can improve your listing's position in map-based searches.
- Use these quality indicators as a self-audit checklist. Listings that exceed the Reykjavik averages across all three metrics are better positioned for premium pricing.
What Amenities Do Airbnb Guests Expect in Reykjavik?
Amenity Prevalence
Amenity Insights for Reykjavik
- Essential amenities in Reykjavik that guests expect include: Wifi, Smoke alarm. Lacking these (any) could significantly impact bookings.
- Popular amenities like Heating, Kitchen, Dishes and silverware are common but not universal. Offering these can provide a competitive edge.
Recommendations for Hosts
- Ensure your listing includes all essential amenities for Reykjavik: Wifi, Smoke alarm.
- Prioritize adding missing essentials: Wifi, Smoke alarm.
- Consider adding popular differentiators like Heating or Kitchen to increase appeal.
- Highlight unique or less common amenities you offer (e.g., hot tub, dedicated workspace, EV charger) in your listing description and photos.
- Regularly check competitor amenities in Reykjavik to stay competitive.
Which Airbnb Amenities Boost Revenue in Reykjavik?
Not every amenity matters equally. This table focuses on the amenities most associated with higher revenue in Reykjavik, which makes it more useful for prioritizing upgrades than a simple popularity list alone.
| Amenity | Prevalence | Revenue With | Revenue Without | Revenue Uplift |
|---|---|---|---|---|
Heating | 94.7% | $35,977 | $11,338 | 217.3% |
Kitchen | 93.4% | $36,163 | $13,426 | 169.3% |
Hair dryer | 84.0% | $37,819 | $18,052 | 109.5% |
TV | 83.7% | $37,743 | $18,855 | 100.2% |
Crib | 28.1% | $51,395 | $28,119 | 82.8% |
Pack ’n play/Travel crib | 19.0% | $54,172 | $30,077 | 80.1% |
Sauna | 0.9% | $60,269 | $34,438 | 75.0% |
Fire extinguisher | 81.8% | $37,470 | $22,051 | 69.9% |
Paid parking off premises | 18.3% | $51,677 | $30,855 | 67.5% |
High chair | 26.4% | $49,258 | $29,415 | 67.5% |
Revenue Impact Insights for Reykjavik
- Heating tops the revenue impact list with a 217.3% uplift — listings with this amenity earn $35,977 vs. $11,338 without it.
- Heating, Kitchen, Hair dryer, TV, Fire extinguisher — while widespread — still correlate with meaningful revenue gains, making them table stakes rather than true differentiators.
Recommendations for Hosts
- Focus your upgrade budget on amenities in the top half of this table. Below-median amenities may improve guest experience but contribute less to revenue growth.
- Highlight revenue-impacting amenities prominently in your listing title, photos, and description — guests can't value what they don't notice.
Dive Deeper: Advanced Reykjavik STR Market Data (2026)
Ready to unlock more insights? AirROI provides access to advanced metrics and comprehensive Airbnb data for Reykjavik. Explore detailed analytics beyond this report to refine your investment strategy, optimize pricing, and maximize your vacation rental profits.
Explore Advanced MetricsReykjavik Airbnb Guest Demographics & Profile Analysis (2026)
Guest Profile Summary for Reykjavik
- The typical guest profile for Airbnb in Reykjavik consists of predominantly international visitors (100%), with top international origins including United Kingdom, typically belonging to the Post-2000s (Gen Z/Alpha) group (50%), primarily speaking English or Spanish.
- Domestic travelers account for 0.5% of guests.
- Key international markets include United States (54.2%) and United Kingdom (9%).
- Top languages spoken are English (53.6%) followed by Spanish (9.1%).
- A significant demographic segment is the Post-2000s (Gen Z/Alpha) group, representing 50% of guests.
Recommendations for Hosts
- Focus marketing internationally, particularly towards travelers from United Kingdom.
- Tailor amenities and listing descriptions to appeal to the dominant Post-2000s (Gen Z/Alpha) demographic (e.g., highlight fast WiFi, smart home features, local guides).
- Highlight unique local experiences or amenities relevant to the primary guest profile.
- Consider seasonal promotions aligned with peak travel times for key origin markets.
What Are Airbnb Guest Ratings in Reykjavik?
Listings in Reykjavik average 4.84 out of 5 overall, with about 84.3 reviews per active listing and 42.4% of listings carrying the Guest Favorite badge.
Rating Breakdown by Category
Guest Rating Insights for Reykjavik
- With an overall rating of 4.84, Reykjavik listings meet an exceptionally high bar. Guests consistently report strong satisfaction, which drives repeat bookings and referral traffic.
- The strongest subcategory is Communication (4.9), while Value (4.77) trails behind — a useful signal for hosts looking to prioritize upgrades.
- 42.4% of listings carry the Guest Favorite badge, a strong trust signal that can meaningfully lift click-through and booking rates.
Recommendations for Hosts
- Focus improvement efforts on Value — even small gains in the weakest subcategory can lift overall ratings and search ranking.
- Encourage guests to leave reviews after checkout. Listings with more reviews rank higher in search results and convert browsers into bookers more effectively.
Reykjavik Airbnb Booking Patterns (2026): Available vs. Booked Days
Available Days Distribution
Booked Days Distribution
Booking Pattern Insights for Reykjavik
- The most common availability pattern in Reykjavik falls within the 271-366 days range, representing 46% of listings. This suggests many properties have significant open periods on their calendars.
- Approximately 75.7% of listings show high availability (181+ days open annually), indicating potential for increased bookings or specific owner usage patterns.
- For booked days, the 91-180 days range is most frequent in Reykjavik (30.3%), reflecting common guest stay durations or potential owner blocking patterns.
- A notable 25.5% of properties secure long booking periods (181+ days booked per year), highlighting successful long-term rental strategies or significant owner usage.
How Far in Advance Do Guests Book Airbnb in Reykjavik?
Average Booking Lead Time by Month
Booking Lead Time Insights for Reykjavik
- The overall average booking lead time for vacation rentals in Reykjavik is 74 days.
- Guests book furthest in advance for stays during December (average 89 days), likely coinciding with peak travel demand or local events.
- The shortest booking windows occur for stays in April (average 59 days), indicating more last-minute travel plans during this time.
- Seasonally, Summer (82 days avg.) sees the longest lead times, while Spring (63 days avg.) has the shortest, reflecting typical travel planning cycles.
Recommendations for Hosts
- Use the overall average lead time (74 days) as a baseline for your pricing and availability strategy in Reykjavik.
- For December stays, consider implementing length-of-stay discounts or slightly higher rates for bookings made less than 89 days out to capitalize on advance planning.
- Target marketing efforts for the Summer season well in advance (at least 82 days) to capture early planners.
- Monitor your own booking lead times against these Reykjavik averages to identify opportunities for dynamic pricing adjustments.
What Is the Average Length of Stay for Airbnb in Reykjavik?
Guests in Reykjavik stay about 5.7 nights on average, generating roughly 42,465 reservations and 24.5 bookings per listing in the latest AirROI dataset. The most common check-in time is 3:00 PM and check-out is 11:00 AM.
Monthly Length of Stay in Reykjavik
Check-in Time Distribution
Check-out Time Distribution
Stay Pattern Insights for Reykjavik
- A mid-range stay length points to leisure-driven demand — weekend getaways and short vacations. Hosts should optimize for quick turnover efficiency while keeping the guest experience smooth.
- At 24.5 bookings per listing, the turnover rate is high. Hosts with streamlined operations (self-check-in, automated messaging, reliable cleaners) have a structural advantage.
- Stay lengths peak in May (6 nights) and shorten in Feb (3.8 nights). Adjust minimum-night requirements seasonally to match.
Recommendations for Hosts
- Leverage the longer-stay pattern by offering weekly discounts — even 5-10% off can convert browsing into bookings for guests considering an extended stay.
- Set your check-in time to match or beat the market standard of 3:00 PM. Offering early check-in flexibility can be a low-cost differentiator.
- Monitor length-of-stay seasonality to adjust minimum-night requirements — longer minimums during peak periods maximize revenue while shorter minimums fill gaps in shoulder seasons.
Reykjavik Airbnb Minimum Stay Requirements Analysis
Distribution of Listings by Minimum Night Requirement
1 Night
364 listings
20.9% of total
2 Nights
190 listings
10.9% of total
3 Nights
213 listings
12.2% of total
4-6 Nights
197 listings
11.3% of total
7-29 Nights
61 listings
3.5% of total
30+ Nights
715 listings
41.1% of total
Key Insights
- The most prevalent minimum stay requirement in Reykjavik is 30+ Nights, adopted by 41.1% of listings. This highlights the market's preference for longer commitments.
- A significant segment (41.1%) caters to monthly stays (30+ nights) in Reykjavik, pointing to opportunities in the extended-stay market.
Recommendations
- Align with the market by considering a 30+ Nights minimum stay, as 41.1% of Reykjavik hosts use this setting.
- If feasible, allowing 1-night stays, especially midweek or during low season, could capture last-minute bookings, as only 20.9% currently do.
- Explore offering discounts for stays of 30+ nights to attract the 41.1% of the market seeking extended stays.
- Adjust minimum nights based on seasonality – potentially shorter during low season and longer during peak demand periods in Reykjavik.
Reykjavik Airbnb Cancellation Policy Trends Analysis (2026)
Super Strict 30 Days
4 listings
0.2% of total
Super Strict 60 Days
4 listings
0.2% of total
Limited
21 listings
1.2% of total
Flexible
352 listings
20.3% of total
Moderate
707 listings
40.8% of total
Firm
535 listings
30.9% of total
Strict
110 listings
6.3% of total
Cancellation Policy Insights for Reykjavik
- The prevailing Airbnb cancellation policy trend in Reykjavik is Moderate, used by 40.8% of listings.
- There's a relatively balanced mix between guest-friendly (61.1%) and stricter (37.2%) policies, offering choices for different guest needs.
- Strict cancellation policies are quite rare (6.3%), potentially making listings with this policy less competitive unless justified by high demand or property type.
Recommendations for Hosts
- Consider adopting a Moderate policy to align with the 40.8% market standard in Reykjavik.
- Using a Strict policy might deter some guests, as only 6.3% of listings use it. Evaluate if potential revenue protection outweighs possible lower booking rates.
- Regularly review your cancellation policy against competitors and market demand shifts in Reykjavik.
How Much Are Airbnb Cleaning Fees in Reykjavik?
Cleaning fees in Reykjavik are meaningful operating levers, not just pass-through charges. What matters most is how often hosts charge them, how high they run relative to market norms, and how large a share of gross revenue they consume.
Cleaning Fee Insights for Reykjavik
- 71.6% of listings charge a cleaning fee, making it standard practice in Reykjavik. Guests expect it and factor it into their booking decisions.
- The gap between the average ($126) and median ($75) cleaning fee indicates some high-end properties are pulling the average up considerably.
- Cleaning fees represent 6.1% of gross revenue on average — a modest component of the overall booking price.
Recommendations for Hosts
- Price your cleaning fee competitively against the Reykjavik median of $75. Fees significantly above market norms can deter bookings, especially for shorter stays.
- Monitor competitor cleaning fees regularly. Airbnb's search algorithm factors in total price, so a well-calibrated cleaning fee can improve your listing's ranking.
What Do the Top Airbnb Listings in Reykjavik Look Like?
Benchmark your potential! Explore examples of top-performing Airbnb properties in Reykjavikbased on Trailing Twelve Month (TTM) revenue. Analyze their characteristics, revenue, occupancy rate, and ADR to understand what drives success in this market.
*B14 - Luxury Penthouse Downtown*
Entire Place • 5 bedrooms
B14 - Unique apartment down town for 18Persons
Entire Place • 5 bedrooms
Six bedroom Luxury Apartments in the same house.
Entire Place • 6 bedrooms
Luxury Villa in Downtown Reykjavik
Entire Place • 6 bedrooms
Historic Villa in Downtown Reykjavik
Entire Place • 5 bedrooms
Two Apt Combo in City Center Home
Entire Place • 5 bedrooms
Note: Performance varies based on location, size, amenities, seasonality, and management quality. Data reflects the past 12 months.
Who Are the Top Airbnb Hosts in Reykjavik?
Learn from the best! This table showcases top-performing Airbnb hosts in Reykjavik based on the number of properties managed and estimated total revenue over the past year. Analyze their scale and performance metrics.
| Host Name | Properties | Grossing Revenue | Stay Reviews | Avg Rating |
|---|---|---|---|---|
| Greenkey | 89 | $4,842,111 | 5708 | 4.67/5.0 |
| Heimaleiga | 37 | $2,011,450 | 4826 | 4.69/5.0 |
| Bjarni | 10 | $1,155,532 | 769 | 4.82/5.0 |
| Arni | 12 | $1,001,774 | 7699 | 4.95/5.0 |
| B14 | 11 | $982,769 | 452 | 4.50/5.0 |
| Gamla Reykjavík | 7 | $862,516 | 446 | 4.89/5.0 |
| Arnór | 6 | $772,282 | 525 | 4.94/5.0 |
| Thora | 4 | $747,282 | 584 | 4.95/5.0 |
| Óðinn | 9 | $733,061 | 640 | 4.52/5.0 |
| Gudni | 21 | $707,577 | 774 | 4.53/5.0 |
Analyzing the strategies of top hosts, such as their property selection, pricing, and guest communication, can offer valuable lessons for optimizing your own Airbnb operations in Reykjavik.
Who Are the Airbnb Hosts in Reykjavik?
Reykjavik has a relatively balanced host base.
Host Profile Insights for Reykjavik
- A 38.6% Superhost share is healthy — enough experienced operators to anchor quality without making the market impenetrable for newcomers.
- 6.6% of listings are professionally managed, reflecting a market still dominated by individual hosts.
- 4.3% of listings have Instant Book enabled. Lower Instant Book adoption means many guests must request approval, which can slow conversions.
- 66.7% of listings use Airbnb's simplified pricing (host-only fee), where the host pays the entire platform service fee and the guest sees one all-in price with no separate Airbnb service charge. High adoption signals a professional, PMS-connected host base — Airbnb mandates simplified pricing for software-connected listings.
Recommendations for Hosts
- Earning Superhost status can significantly improve search ranking and guest trust. Focus on maintaining high response rates, low cancellations, and strong reviews.
- Consider enabling Instant Book — it reduces booking friction and Airbnb's algorithm tends to favor Instant Book listings in search results.
- With 30.3% cohosted listings, there may be a growing local market for property management services.
- Benchmark your host metrics against these Reykjavik averages regularly and adjust your hosting strategy based on what top performers do differently.
Top Professional Management Companies in Reykjavik
These are the highest-grossing professional property management operations in Reykjavik, ranked by total revenue across their portfolio. Their performance metrics offer a benchmark for what institutional-level hosting looks like in this market.
| Company | Listings | Revenue | ADR | Occ. | Rating |
|---|---|---|---|---|---|
| Heimaleiga | 37 | $2,011,450 | $342 | 45.3% | 4.69/5 |
| Bjarni | 10 | $1,155,532 | $431 | 79.9% | 4.82/5 |
| Óðinn | 9 | $733,061 | $455 | 47.0% | 4.52/5 |
| Gudni | 21 | $707,577 | $257 | 36.9% | 4.53/5 |
| Reykjavík Apartments | 9 | $695,534 | $375 | 57.3% | 4.80/5 |
| Kristján | 13 | $606,460 | $368 | 35.0% | 4.81/5 |
| Alma | 16 | $562,852 | $280 | 37.1% | 4.57/5 |
| Sölvi | 8 | $430,017 | $437 | 56.3% | 4.79/5 |
| Sigurjon | 5 | $373,286 | $344 | 71.9% | 4.93/5 |
| SIF Apartments | 3 | $370,523 | $586 | 56.9% | 4.95/5 |
Management Company Insights for Reykjavik
- The leading management company, Heimaleiga, operates 37 listings with $2,011,450 in gross revenue — a useful benchmark for what scale looks like in Reykjavik.
- Top managers average 13 properties each, suggesting professional management in Reykjavik still operates at a relatively boutique scale.
- Professionally managed listings in the top tier average 4.74/5 in guest ratings — demonstrating that scale and quality can coexist.
Recommendations
- With only 6.6% of listings professionally managed, there may be an opportunity to differentiate through more structured operations and consistent guest experiences.
- Study how top management companies price, position, and maintain their portfolios — their ADR and occupancy rates reflect strategies refined across dozens of listings.
- If you're considering hiring a property manager, compare their portfolio performance against these benchmarks before committing.
How Does Reykjavik's Airbnb Market Compare to Nearby Cities?
How does the Reykjavik Airbnb market stack up against its neighbors? Compare key performance metrics like average monthly revenue, ADR, and occupancy rates in surrounding areas to understand the broader regional STR landscape.
Compared with Garður, Reykjavik has 10 percentage points lower occupancy and about $13 higher ADR. That helps frame whether this market is winning more on demand, pricing, or both.
| Market | Active Properties | Monthly Revenue | Daily Rate | Avg. Occupancy |
|---|---|---|---|---|
| Kjósarhreppur | 24 | $6,676 | $527.49 | 50% |
| Garður | 11 | $4,599 | $274.85 | 58% |
| Grímsnes- og Grafningshreppur | 28 | $4,549 | $422.60 | 48% |
| Sandgerði | 17 | $4,303 | $260.18 | 56% |
| Hella | 124 | $4,250 | $340.83 | 50% |
| Grímsnes | 13 | $4,071 | $353.20 | 56% |
| Ölfus | 17 | $3,997 | $228.63 | 57% |
| Sveitarfélagið Vogar | 12 | $3,996 | $277.93 | 49% |
| Fludir | 21 | $3,968 | $326.11 | 51% |
| Selfoss | 234 | $3,914 | $340.69 | 50% |
Frequently Asked Questions About Airbnb in Reykjavik
These quick answers summarize the most common investor and operator questions using AirROI's latest market data for Reykjavik.
How much do Airbnb hosts make in Reykjavik?
Reykjavik hosts earn about $34,661 per year on average, with an average nightly rate of $288 and RevPAR of $138. Those figures describe the typical revenue environment for active listings in Reykjavik, Capital Region, not the ceiling for the best operators. Source: AirROI 2026 data, Reykjavik market, April 2025 to March 2026.
What is the average Airbnb occupancy rate in Reykjavik?
The average Airbnb occupancy rate in Reykjavik is 47.6%. August is the strongest month and January is the softest, so hosts should expect demand to move meaningfully throughout the year rather than stay flat.
What is the average Airbnb daily rate in Reykjavik?
Listings in Reykjavik average $288 per night. The broader pricing spread also matters: lower-performing listings cluster closer to the lower quartiles, while premium homes can price materially above the city average when demand spikes or listing quality stands out.
How many Airbnb listings are active in Reykjavik?
Reykjavik currently has about 1,740 active Airbnb listings in AirROI's market dataset. That supply count helps explain how competitive the market is, how much depth there is for benchmarking, and whether the market behaves like a niche destination or a scaled urban market.
How strict are short-term rental regulations in Reykjavik?
AirROI currently classifies the short-term rental regulation level in Reykjavik as Moderate. The dataset also shows about 20.3% of listings with registration evidence. That is a market signal, not legal advice, so hosts should still confirm current licensing and compliance rules locally before listing.
What is the RevPAR for Airbnb in Reykjavik?
RevPAR in Reykjavik is about $138. That metric combines pricing and occupancy into one efficiency number, so it is often a better quick benchmark than ADR alone when investors want to compare how well listings convert nightly rates into realized revenue.
Is Airbnb profitable in Reykjavik?
At 47.6% occupancy, Reykjavik can be profitable — but margins depend heavily on operating costs, property acquisition price, and how well hosts optimize pricing across seasons. Average annual revenue is $34,661, but individual returns depend on property type, location within the city, and the host's operating efficiency.
How far in advance do guests book Airbnb in Reykjavik?
The average booking lead time in Reykjavik is about 74 days — a longer planning horizon typical of destination or vacation markets where travelers book well in advance. Hosts who understand their market's booking cadence can adjust minimum stays and pricing windows accordingly.
What are the best neighborhoods for Airbnb in Reykjavik?
Based on AirROI's analysis, some of the top neighborhoods for short-term rentals in Reykjavik include Downtown Reykjavik, Reykjavik Old Harbour, Laugardalur. Each area attracts different guest profiles — from business travelers to leisure visitors — so the best location depends on the property type and target audience a host is aiming for. See the full neighborhood breakdown above.
What type of property performs best on Airbnb in Reykjavik?
entire_home listings make up 83.9% of the active supply in Reykjavik. The most common configuration does not always mean the most profitable — operators who identify underserved property types or bedroom counts can sometimes outperform the market average by filling a gap in local supply.
How does Reykjavik compare to nearby Airbnb markets?
Among neighboring markets, Kjósarhreppur posts $80,113 in average annual revenue with 49.5% occupancy, compared to Reykjavik's $34,661 and 47.6%. Comparing nearby markets helps investors understand whether a destination's performance reflects local demand or broader regional trends.
What is the average length of stay in Reykjavik?
The average Airbnb stay length in Reykjavik is about 5.7 nights. That matters for turnover, cleaning operations, and pricing strategy because shorter stays increase changeovers while longer stays can smooth occupancy and reduce operational friction.
What is the average Airbnb guest rating in Reykjavik?
Airbnb listings in Reykjavik average 4.84 out of 5 overall. About 42.4% of listings carry the guest favorite badge, which suggests a meaningful share of inventory is competing on review quality rather than price alone.
Which amenities boost Airbnb revenue in Reykjavik?
Heating and Kitchen are among the strongest revenue-linked amenities in Reykjavik. In AirROI's latest dataset, listings with these amenities outperform those without on average revenue, which makes amenities analysis useful for prioritizing investment and listing upgrades.
Do Airbnb hosts charge cleaning fees in Reykjavik?
Yes. About 71.6% of active Airbnb listings in Reykjavik charge a cleaning fee, and the average fee is $126. The more important operating benchmark is how much of gross revenue that fee consumes, not just the absolute dollar amount.
What percentage of Airbnb hosts are Superhosts in Reykjavik?
At 38.6%, there is a healthy mix of experienced and newer hosts — earning Superhost status can still provide a meaningful visibility boost.
About AirROI Market Data
AirROI tracks over 20 million properties across 190+ countries and maintains 15+ years of historical performance data, making it one of the deepest Airbnb and STR intelligence platforms available. The analytics pipeline aggregates listing-level data monthly — revenue, occupancy, nightly rates, RevPAR, guest demographics, booking patterns, and competitive supply — so investors and operators can benchmark any market against its own history and against neighboring destinations.
Real estate investors, property managers, financial institutions, hedge funds, tourism boards, hospitality consultants, tech platforms, and academic researchers rely on AirROI data to underwrite acquisitions, optimize pricing, model macro trends, and conduct peer-reviewed research. Data is available through in-depth market reports like this one and the Airbnb API with 22 endpoints and an Airbnb MCP Server for AI agents.
AirROI proprietary analytics as of 2026-03-31. Metrics reflect trailing twelve-month aggregates from active listings. Revenue figures are market averages, not projections. Neighborhood descriptions are AI-generated and reviewed for accuracy. For full methodology, see the data methodology page.