Kópavogur, IS
Part of the Reykjavík market area
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Overview
Annual Rev
kr6.7m
12 mo avg
↑2%
from prior 12 mo
Occupancy rate
53%
12 mo avg
↓7%
from prior 12 mo
Avg daily rate
kr35,299
12 mo avg
↑15%
from prior 12 mo
Lead time
50 days
12 mo avg
↓6 days
from prior 12 mo
Revpar
kr14,148
12 mo avg
↓2%
from prior 12 mo
Methodology note: Figures reflect Reykjavík market data as of September 2026. Data covers Airbnb, VRBO, and Booking.com listings. Values are seasonally influenced; rounding applied for readability.
Revenue per listing by bedroom
Bedroom count:
0
1
2
3
4+
Short-term rental supply growth
Performance metrics by bedroom
Bedrooms
Annual Rev
Supply
Revenue boost by amenity
| Amenity | Listings With | Revenue Boost | Revenue With | Revenue Without |
|---|---|---|---|---|
| Sauna | — | +kr 5,004,195 | — | — |
| EV Charger | 🔒 6• (•%) | 🔒 +kr 3•••••• (+••%) | 🔒 kr 1••••••• | 🔒 kr 7•••••• |
| Bicycles | 🔒 2• (•%) | 🔒 +kr 3•••••• (+••%) | 🔒 kr 1••••••• | 🔒 kr 7•••••• |
| Lake Access | 🔒 1•• (•%) | 🔒 +kr 3•••••• (+••%) | 🔒 kr 1••••••• | 🔒 kr 7•••••• |
| Washing Machine | 🔒 9•• (••%) | 🔒 +kr 2•••••• (+••%) | 🔒 kr 8•••••• | 🔒 kr 6•••••• |
| Gym | 🔒 6• (•%) | 🔒 +kr 2•••••• (+••%) | 🔒 kr 1••••••• | 🔒 kr 7•••••• |
| Hot Tub | 🔒 3•• (••%) | 🔒 +kr 2•••••• (+••%) | 🔒 kr 9•••••• | 🔒 kr 7•••••• |
| Parking | 🔒 1••• (••%) | 🔒 +kr 2•••••• (+••%) | 🔒 kr 8•••••• | 🔒 kr 6•••••• |
| Barbecue | 🔒 4•• (••%) | 🔒 +kr 1•••••• (+••%) | 🔒 kr 9•••••• | 🔒 kr 7•••••• |
| TV | 🔒 1••• (••%) | 🔒 +kr 1•••••• (+••%) | 🔒 kr 8•••••• | 🔒 kr 6•••••• |
| Internet | 🔒 1••• (••%) | 🔒 +kr 1•••••• (+••%) | 🔒 kr 7•••••• | 🔒 kr 6•••••• |
Nightly rate by day of week
Occupancy rate by day of week
Listings by channel
Listings by rental type
Listings by amenities
Listings by size
4+ bedrooms (0%)
Listings by availability
Length of stay by bedroom
4+ bedrooms (4.8 nights)
3 bedrooms (4.8 nights)
2 bedrooms (4.5 nights)
1 bedroom (3.9 nights)
Studio (3.5 nights)
Cleaning fee by bedroom
4+ bedrooms (ISK 156)
3 bedrooms (ISK 119)
2 bedrooms (ISK 82)
1 bedroom (ISK 65)
Studio (ISK 46)
Professional host share
Professionally managed (60%)
Independent hosts (40%)
Over the 12 months ending August 2026, the Reykjavík market averaged 2,694 active Airbnb and VRBO listings, down 9% from a year earlier and up 44% over two years.
An average Reykjavík listing earns ISK5.8M/year. High-performing listings earn ISK10.6M, while low-performing listings earn ISK2.5M.
Average occupancy in Reykjavík is 47%, producing RevPAR of ISK12K per available night.
4+ bedroom listings generate the highest average annual revenue in Reykjavík, at ISK10.7M.
Rules vary across Reykjavík. Reykjavík: Strict. Registration required, primary residence only, 90-day annual cap for non-primary homes. Active enforcement with fines and monitoring. Kópavogur: Strict. Follows national rules: registration mandatory, primary residence requirement, 90-day limit otherwise. Enforced through inspections. Hafnarfjörður: Strict. Registration required, primary residence rule, 90-day cap on secondary properties. Active enforcement coordinated with national authorities. Verify requirements for the property's jurisdiction.
The Reykjavík Airbnb and VRBO market does not show clear signs of oversaturation. Supply has declined 9% year-over-year, while RevPAR has increased 19%, suggesting demand is outpacing available supply.
RevPAR is highest in August and July; it is lowest in January and November.
The most common amenities are Internet (98%), Heating (95%), Kitchen (94%). The strongest positive revenue associations are Washing Machine (+42%), Lake Access (+40%), Parking (+35%).
Average daily rate in Reykjavík is ISK37K, up 11% year-over-year. Rates peak in August and are lowest in January.
Guests in Reykjavík book an average of 49 days in advance, down 8% from last year. Booking windows range from 45 days for 1-bedroom listings to 58 days for 3-bedroom listings.
Booking demand is highest on Saturday and lowest on Monday. Nightly rates peak on Friday and are lowest on Monday. Weekend occupancy is 12% higher than weekday occupancy.