Finding housing in Reykjavik and the surrounding area can be challenging due to high prices and low availability, but there are still opportunities for those looking to buy or rent a home. It's important to note that Iceland is generally an expensive country to live in, and the system is structured to accommodate households where both parents are employed outside of the home. However, the high demand for housing in Reykjavik reflects the city's popularity and growth, which is a positive sign for those considering moving to the area.
For additional information regarding house hunting in Iceland visit:
- Work in Iceland, House and Apartment Hunting: https://work.iceland.is/living/house-hunting/
- Igloo: https://myigloo.is/?lang=en
The Icelandic government offers housing benefits to eligible individuals and households to assist with the cost of housing; the benefits are means-tested and can be used to cover rent or mortgage payments, as well as certain utility costs. Applicants must meet certain criteria, such as having a low income, and provide the necessary documentation to prove their eligibility.
For further information about housing benefits: https://island.is/en/housing-benefits