Housing

Illustration of houses, cars and bicycle

The City of Reykjavík's main objective in housing is the creation of a diversified and flexible housing market that guarantees an affordable roof for all, regardless of whether people need support with their housing or not.

Quarterly, information on the progress of the Housing Plan is published, and updates on where housing is being constructed and where future housing builds are planned are continuously refreshed in a housing development map view.

Map view of development in Reykjavík

All about residential development in the city in one place with a simple map view. The view is updated at leastquarterly, last on June 28, 2024.

Housing initiative

The goal of the City's housing initiative in established neighborhoods is to quickly and effectively plan and allocate buildable residential plots to meet housing market needs. The development emphasizes respecting the character and conditions of each location.

Learn more about the housing initiative

Reykjavík's Housing Plan

The development of housing is in the interest of all groups of society, for the general market, affordable housing for young adults and first buyers, building cooperatives, students, the labor unions, and senior citizens. Particular emphasis is placed on ensuring a safe roof overhead for people with lower incomes at an affordable price.

Reykjavík is growing rapidly, expanding inward during this growth phase. Urban densification helps achieve climate goals. Our focus is on quality districts and social mixing across the City so we may have a stronger community for the future. These objectives are part of the Green Plan.

Reykjavík Housing Plan 2024 - 2033 (updated March 21, 2024) More about housing plans