Housing
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.
The housing development map viewer shows where construction is happening and future plans.
Housing development in Reykjavík
Where are new apartments being built and which areas are next for development? Check the map viewer below to see main development areas by district and project type.
Reykjavík's Housing Plan
It is Reykjavík City's policy that all residents have safe housing at an affordable price, whether or not they need support with their housing issues.
Main priorities of the housing plan are to have housing for all, increase rental and right-of-occupancy apartments, create strong and sustainable neighborhoods, and promote good land use and densification along development axes.
Housing for everyone
Housing plan focus:
Housing supply will meet the needs of the time, with an increased offering of smaller dwellings in the coming years, regardless of ownership form.
Increase in rental and cooperative apartments
Housing plan focus:
More rental and cooperative dwellings owned by housing cooperatives, associations, and/or private parties, especially in central areas easily served by public transportation.
Robust and sustainable neighborhoods
Housing plan focus:
Sustainable and environmentally friendly design solutions will always guide the development of new residential areas.
Development of housing suitable for lower-income groups will mainly be in areas easily served by quality public transportation and/or near major employment centers and diverse services.
Good land use and densification along development axes
Housing plan focus:
Land and the city's infrastructure will be utilized efficiently, and the capital cost of infrastructure for development areas will be funded by the proceeds from the development.
Housing initiative in established neighborhoods
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.
News on residential development
Information on housing development
Find an overview of published materials on apartment development here.