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Airbnb market data · 202612 months to September 2026

Ólafsfjörður, Iceland Airbnb Market Data: Revenue, Occupancy & Trends

Source: AirROI Reviewed by , Founder @ AirROI Updated

Active Airbnb listings
22
Avg. booking lead time
89 days
Listings showing a permit
14%
Peak revenue month
July
Lowest revenue month
February

The short answer

Ólafsfjörður Airbnb Market at a Glance

Ólafsfjörður is priced below the national average. Listings averaged kr 34,525 a night, about 16% less than that average of kr 40,900, and were booked on 45% of available nights, close to its 46% occupancy.

Timing matters: in July, usually the best month, the average listing earns about 2.9 times as much as in February, usually the slowest. With only 22 active listings, a few bookings can reorder the months.

AirROI tracked 22 active listings in Ólafsfjörður.

Map of Airbnb listings in Ólafsfjörður Browse the live Ólafsfjörður Airbnb market See Every Ólafsfjörður Listing

Revenue

How Much Do Airbnb Hosts Make in Ólafsfjörður?

Gross bookings per Ólafsfjörður listing averaged kr 4,133,528 over the 12 months to September 2026 (Iceland average: kr 4,950,477), before cleaning, platform and management costs and taxes.

In a typical year, the average Ólafsfjörður listing brings in kr 955,000 in July, its best month, and kr 331,000 in February, its slowest. The three strongest months bring in 36% of a full year's revenue, where an even calendar would give any three months 25%.

Across Ólafsfjörður's 22 active listings, monthly revenue by tier:

  • Best-in-class properties (top 10%) earn kr 863,000+ a month, about 2.4 times the typical property.
  • Strong performers (top 25%) earn kr 598,000 or more, roughly kr 250,000 a month above the median.
  • Typical properties (median) earn about kr 353,000 a month.
  • Entry-level properties (bottom 25%) earn kr 209,000 or less, about 59% of the median.

These are monthly figures for listings active in each month. The annual average above also counts listings that operated for only part of the year, so it runs below twelve times these figures.

July earns about 2.9 times what February does

Average revenue per active listing, by month, September 2024 to August 2026

The dashed line is the average of the months shown, kr 506,000. Each point is one month as recorded, averaged over the listings active in it. The best and slowest months in the text average each calendar month over the past two years, so they can differ from the highest and lowest points here.

Ólafsfjörður Airbnb Data by Month

Latest 12 months in the September 2026 data. September's figures are still coming in, so the rows run to August.

July 2026 led on revenue, nightly rate and bookings alike.

Average monthly Airbnb revenue, occupancy, nightly rate, RevPAR, booking lead time and length of stay per active listing in Ólafsfjörður, Sep 2025 to Aug 2026
MonthAvg. RevenueOccupancyAvg. Nightly RateRevPARBooking Lead TimeAvg. Length of Stay
Sep 2025kr 525,25943.3%kr 33,771kr 17,509103 days3.1 nights
Oct 2025kr 459,10732.0%kr 33,621kr 14,81057 days2.9 nights
Nov 2025kr 184,68415.7%kr 32,922kr 6,15638 days3.6 nights
Dec 2025kr 304,04524.2%kr 32,604kr 9,80870 days3.6 nights
Jan 2026kr 247,78319.4%kr 31,645kr 7,99377 days5.3 nights
Feb 2026kr 341,44125.3%kr 32,115kr 12,19451 days5.1 nights
Mar 2026kr 458,78033.9%kr 33,018kr 14,79975 days7.3 nights
Apr 2026kr 554,71648.3%kr 33,661kr 18,491116 days5.5 nights
May 2026kr 380,97539.0%kr 34,427kr 12,29052 days3.7 nights
Jun 2026kr 591,09851.7%kr 35,204kr 19,70377 days6.4 nights
Jul 2026kr 1,018,97277.2%kr 35,744kr 32,870100 days4.4 nights
Aug 2026kr 685,48064.8%kr 35,552kr 22,112127 days4.2 nights

Averages per active listing in each month. Highlighted: the highest-revenue month of the 12. RevPAR is the month's revenue spread over its nights, booked or not. Booking lead time is the days between booking and check-in, and length of stay the nights per booking, for stays in that month.

For a figure on one home rather than the whole Ólafsfjörður market, enter its address and size in the short-term rental calculator, which compares it with similar listings nearby.

Profit

Is an Airbnb in Ólafsfjörður Profitable?

Yes, when it's run well. The average Ólafsfjörður Airbnb took in kr 4,133,528 in the 12 months to September 2026, and run by its owner at everyday costs, about kr 246,000 a month of that is left after running costs, so a home that costs less than that to own or rent makes money. A listing in the top quarter leaves about kr 421,000 a month.

Cleaning it yourself keeps the kr 177,000 a year guests pay in cleaning fees, for about kr 261,000 a month. Handing the listing to a co-host at about 10% of nightly bookings still leaves about kr 213,000 a month.

These amounts come before housing costs. Where the mortgage or rent is less each month, the difference is profit; a home owned outright keeps it all after property tax, home insurance and any building or condo fees.

Ólafsfjörður Airbnb Income, Expenses and Profit per Year

A year of income, running costs and what is left for housing costs for an average and a top-quarter Ólafsfjörður Airbnb
LineAverage listingTop-quarter listing
Money in
Nightly bookingskr 3,956,528kr 6,696,000
Cleaning fees guests pay4% of Ólafsfjörður bookingskr 177,000kr 300,000
Gross bookingskr 4,133,528kr 6,996,000
Running costs
Airbnb's feeAbout 13%: 15.5% for the 77% of Ólafsfjörður listings on Simplified Pricing, 3% for the rest−kr 523,000−kr 886,000
Cleaning and laundryPaid for by the cleaning fee; kr 0 if you clean yourself−kr 177,000−kr 300,000
Utilities and internetAbout 5% of bookings−kr 207,000−kr 350,000
Guest suppliesToiletries, coffee, paper goods: about 2%−kr 83,000−kr 140,000
Repairs and upkeepIncluding linens and small replacements: about 3%−kr 124,000−kr 210,000
Short-term rental insuranceOne policy, on top of Airbnb's free AirCover−kr 41,000−kr 41,000
Permit and registrationWhere one is required−kr 21,000−kr 21,000
Managementkr 0 when you run it; co-hosts charge from about 10% of nightly bookingskr 0kr 0
Pricing and messaging toolsOptional; Airbnb's own tools are freekr 0kr 0
Lodging taxesAdded to the guest's bill and passed onkr 0kr 0
Total running costsAbout 24% of bookings, plus cleaning paid for by the cleaning fee−kr 1,176,000−kr 1,948,000
Left for housing costs, then profitkr 2,957,528about kr 246,000 a monthkr 5,048,000about kr 421,000 a month
Housing costs
Mortgage or rent, property tax, home insurance, building or condo feesDepend on the home

Estimate Your Own Ólafsfjörður Airbnb Profit

The estimate starts from Ólafsfjörður's average listing, run by its owner. Change how the listing performs, who runs it and who cleans to see what is left for the mortgage or rent.

To work out the profit on one Ólafsfjörður home, with its price, its mortgage or rent and your own costs, use the Airbnb profit calculator. It starts from the comparable listings around the address.

How Ólafsfjörður's Top Earners Get There

  • More nights booked. The busiest quarter of Ólafsfjörður listings are booked on 53% or more of their nights, against 39% for the median listing. Ten more booked nights a year at the median rate of kr 27,700 adds about kr 277,000 in bookings.
  • Prices that follow demand. Ranked by price, the top quarter charge kr 43,700 a night or more, against a median of kr 27,700. That is a separate ranking from the busiest quarter, so the two marks don't multiply into one listing's takings. For the average listing, a 10% higher rate on the nights it already books adds about kr 396,000 a year.
  • Open for the busy months. In a typical year, July brings the average listing about kr 955,000, against kr 331,000 in February, so a calendar that is open and full in the busy months carries the year.
  • Reviews that stand out. Ólafsfjörður listings average 4.80 stars, and 45% carry Airbnb's Guest Favorite badge, which guests can filter for.

What a listing keeps comes down to the figures this page measures: nightly rate, nights booked and the months it's open. A listing at the top-quarter mark takes in about kr 583,000 a month, against kr 344,000 for the average one.

Occupancy

What Is the Airbnb Occupancy Rate in Ólafsfjörður?

Ólafsfjörður listings were booked on 45% of the nights they were open over the past year, in line with the Iceland average. In a typical year, occupancy swings from 25% in January to 77% in July.

Across Ólafsfjörður's 22 active listings, the share of open nights booked by tier:

  • Best-in-class properties (top 10%) are booked 65%+ of open nights, 26 points above the median.
  • Strong performers (top 25%) fill 53% or more, roughly four nights a week.
  • Typical properties (median) fill about 39% of open nights.
  • Entry-level properties (bottom 25%) fill 21% or less, under two nights a week.

July is usually the busiest month in Ólafsfjörður, January the quietest

Share of open nights booked, by month, September 2024 to August 2026

The 12-month rate of 45% averages each listing's whole year, slow months included; each month here counts only the listings booked in it.

Nightly rates

How Much Does an Airbnb Cost per Night in Ólafsfjörður?

The average nightly rate in Ólafsfjörður, known as ADR (average daily rate), was kr 34,525 over the past year, about 16% below the Iceland average of kr 40,900. In a typical year, rates peak in June and July at about kr 35,000 and bottom out in November at about kr 27,700.

Across Ólafsfjörður's 22 active listings, nightly rates by tier:

  • Best-in-class properties (top 10%) charge kr 49,400+ a night, about 1.8 times the median.
  • Strong performers (top 25%) charge kr 43,700 or more, about kr 16,000 above the median.
  • Typical properties (median) charge about kr 27,700 a night.
  • Entry-level properties (bottom 25%) charge kr 19,600 or less, about 71% of the median.

June rates run 26% above November's

Average nightly rate (ADR), by month, September 2024 to August 2026

The dashed line is the average of the months shown, kr 32,800. The 12-month ADR of kr 34,525 averages each listing's own rate across its whole year; the monthly points average listings month by month, so the two differ.

What Is the RevPAR for Airbnb in Ólafsfjörður?

RevPAR, or revenue per available night, divides a listing's income by every night it was open to book, so it rises with both price and bookings. In Ólafsfjörður it averaged kr 16,300 over the past year, from about kr 11,700 in a typical May to about kr 30,800 in a typical July.

Across Ólafsfjörður's 22 active listings, RevPAR by tier:

  • Best-in-class properties (top 10%) earn kr 24,400+ per open night, about 1.6 times the median.
  • Strong performers (top 25%) earn kr 19,700 or more, about kr 4,000 a night above the median.
  • Typical properties (median) earn about kr 15,700 per open night.
  • Entry-level properties (bottom 25%) earn kr 7,080 or less, about 45% of the median.

July RevPAR is about 2.6 times May's

Revenue per open night (RevPAR), by month, September 2024 to August 2026

The dashed line is the average of the months shown, kr 16,600.

Seasonality

Best and Worst Months for Airbnb in Ólafsfjörður

With only 22 active listings, the monthly pattern in Ólafsfjörður is noisy, since a few long or pricey stays can lift a month; revenue has tended to peak in July and bottom out in February.

Average revenue by month in Ólafsfjörður

Average revenue per active listing, each calendar month averaged over the past two years

The dashed line is the average of the 12 calendar months, kr 530,000.

Revenue by month in Ólafsfjörður in numbers
Average monthly revenue per active listing in Ólafsfjörður, by calendar month
MonthRevenue per listing
Januarykr 384,000
Februarykr 331,000
Marchkr 460,000
Aprilkr 543,000
Maykr 361,000
Junekr 632,000
Julykr 955,000
Augustkr 721,000
Septemberkr 483,000
Octoberkr 430,000
Novemberkr 460,000
Decemberkr 602,000

How Far in Advance Do Guests Book Airbnb in Ólafsfjörður?

Guests book Ólafsfjörður stays 89 days ahead on average (about three months), so guests here plan well ahead. August stays are booked furthest out, about 123 days ahead, and November stays closest to arrival, about 25 days. A typical August booking is made in mid-April.

August stays are booked furthest ahead

Average days between booking and check-in, by month of stay, September 2024 to August 2026

The 12-month figure of 89 days averages each listing's year as a whole; each month here averages only the listings with stays in it.

Permits

Airbnb Permits and Registration in Ólafsfjörður

14% of the 22 active listings in Ólafsfjörður display a registration, permit or license number. A low share doesn't mean no rules apply: some places don't ask hosts to show a number on the listing, and listing data doesn't capture every scheme.

Registration, permit, zoning and tourist-tax rules vary by address and change often, so confirm them with the local authority before buying or listing in Ólafsfjörður.

Neighborhoods

Best Neighborhoods for Airbnb in Ólafsfjörður

AirROI's area guide picks six Ólafsfjörður neighborhoods that draw short-term rental guests, led by Ólafsfjörður Town, Dalvik and Siglufjörður. The picks reflect guest appeal, not earnings data or permit eligibility, so check local permit rules for a specific address before buying.

Best neighborhoods for Airbnb in Ólafsfjörður
AreaWho it suitsLandmarks nearby
Ólafsfjörður TownA quaint fishing town located by the scenic fjord, offering stunning views and a peaceful environment. Ideal for visitors seeking a relaxing getaway amidst nature.Ólafsfjörður swimming pool, Gufu Waterfall, Fishing experiences, Local museums, Hiking paths in surrounding mountains, Reykjavik excursions
DalvikNearby Dalvik is a vibrant town offering opportunities for whale watching and outdoor activities. It's a great spot for tourists looking for adventure and local culture.Whale watching tours, Dalvik swimming pool, Local restaurants, Fjord views, Hiking trails, Cultural events
SiglufjörðurRich in history, particularly related to the herring industry, Siglufjörður is charming with its colorful houses and museums, attracting history buffs and tourists.Herring Era Museum, Siglufjörður harbor, Northern Lights exploration, Local cafes and shops, Hiking routes to nearby mountains, Art festivals
EyjafjörðurThe Eyjafjörður fjord area provides stunning landscapes and various outdoor activities. It's a popular destination for tourists who love nature and tranquility.Fishing, Kayaking, Hiking, Scenic drives, Bird watching, Horseback riding
Múlagljúfur CanyonFamous for its dramatic landscapes and hiking trails, Múlagljúfur Canyon attracts tourists seeking breathtaking views and outdoor adventures.Hiking trails, Bird watching, Photography, Nature tours, Waterfalls, Scenic viewpoints
Tröllaskagi PeninsulaKnown for its dramatic scenery and quaint fishing villages. It's popular among outdoor enthusiasts and those seeking a serene holiday retreat.Beautiful fjords, Hiking trails, Fishing spots, Local art shops, Historical sites, Photography locations

Area descriptions are AI-assisted from public sources and are not checked against zoning.

Nearby markets

Ólafsfjörður vs. Nearby Airbnb Markets

Of the four nearby markets in the table, all within 85 km, Húsavík (60 km away, 33 listings) earned the most per listing, about 27% more than Ólafsfjörður.

Airbnb markets near Ólafsfjörður: distance, revenue, nightly rate and occupancy
MarketListingsAvg. annual revenueAvg. nightly rateOccupancy
Akureyrarbær 46 km56kr 3,160,894kr 35,80641%
Akureyri 49 km233kr 4,829,915kr 39,16746%
Húsavík 60 km33kr 5,236,106kr 41,96456%
Blönduós 85 km47kr 2,322,994kr 29,54232%

Markets Similar to Ólafsfjörður

Markets elsewhere in Iceland with a similar nightly rate and occupancy to Ólafsfjörður:

FAQ

Ólafsfjörður Airbnb FAQ

How much do Airbnb hosts make in Ólafsfjörður?

An active Ólafsfjörður Airbnb grossed kr 4,133,528 on average in the 12 months to September 2026, according to AirROI's tracking of 22 active listings. That is before cleaning, management, taxes and financing. Busier, better-run listings do far better: the top quarter took in kr 598,000 or more in a typical month.

How much can I make on Airbnb in Ólafsfjörður?

It depends most on the home's size, location and how it's run. The middle half of Ólafsfjörður listings earn between kr 209,000 and kr 598,000 in a typical month, and the top tenth kr 863,000 or more. For one home, enter its address and bedroom count in the Airbnb income calculator: it compares the home with similar listings nearby.

What is the average Airbnb occupancy rate in Ólafsfjörður?

Listings in Ólafsfjörður were booked on 45% of available nights over the past year. That compares with 46% for the national average. July is usually the busiest month.

How much does an Airbnb cost per night in Ólafsfjörður?

The average booked night in Ólafsfjörður cost kr 34,525 before fees. Half of listings charge between kr 19,600 and kr 43,700, so bedroom count and location move the price more than the average suggests.

Do you need a permit for an Airbnb in Ólafsfjörður?

In Ólafsfjörður, 14% of active listings display a registration, permit or license number. A low share doesn't mean no rules apply, so confirm registration, permit and tourist-tax rules with the local authority before buying.

Is Airbnb profitable in Ólafsfjörður?

Yes, when it's run well. The average Ólafsfjörður Airbnb grossed kr 4,133,528 in the 12 months to September 2026, 17% below the national average of kr 4,950,477, though with only 22 active listings a single property can move that figure. Run by its owner, with the cleaning fee covering the cleaner and everyday costs for Airbnb's fee, utilities, supplies, upkeep and insurance, kr 2,957,528 a year (about kr 246,000 a month) is left before the mortgage or rent. A home that costs less than that to own or rent makes a profit, and a listing at the top-quarter mark leaves about kr 421,000 a month. Check a specific home in the Airbnb calculator.

When is Airbnb peak season in Ólafsfjörður?

July usually pays best, averaging kr 955,000 per active listing over the past two years, and February usually pays least. The month-by-month table above shows how the latest 12 months played out.

What is the Airbnb RevPAR in Ólafsfjörður?

Each night a Ólafsfjörður listing was open to book earned kr 16,300 on average over the past year, booked or not. That figure, revenue per available night (RevPAR), folds price and occupancy into one number; the top 10% of listings made kr 24,400 or more.

How far in advance do guests book Airbnbs in Ólafsfjörður?

Ólafsfjörður stays were booked 89 days (about three months) before arrival on average over the past year, so a listing that opens its calendar late misses many bookings.

How long do guests stay at Airbnbs in Ólafsfjörður?

The average Ólafsfjörður Airbnb stay lasted 5.6 nights over the past year. A listing took 20 reservations over the year on average.

How are Airbnbs in Ólafsfjörður rated?

Guests rate Ólafsfjörður Airbnbs 4.80 out of 5 on average. Guests score check-in highest and value lowest.

What are the best neighborhoods for Airbnb in Ólafsfjörður?

Ólafsfjörður Town, Dalvik and Siglufjörður draw the most short-term rental interest in Ólafsfjörður. The neighborhood guide explains what brings guests to each.

How many Airbnbs are there in Ólafsfjörður?

AirROI counted 22 active Airbnb listings in Ólafsfjörður as of September 2026. The closest tracked market is Akureyrarbær, 46 km away.

How much are Airbnb cleaning fees in Ólafsfjörður?

In Ólafsfjörður, nearly three-quarters of listings add a cleaning fee. The median fee is kr 7,397, and some higher fees lift the average to kr 10,840.

How many tourists visit Ólafsfjörður, Iceland?

All of Iceland had 2,297,121 international arrivals in 2025, the Icelandic Tourist Board (Ferðamálastofa) reports. AirROI estimates 421 Airbnb stays in Ólafsfjörður, Iceland in the 12 months to October 2026, which counts bookings and not tourists. See Iceland tourism statistics.

Method

About This Data

Figures on this page cover 22 active Airbnb listings in Ólafsfjörður from October 2025 to September 2026 (trailing twelve months). AirROI refreshes them monthly from listing-level booking and calendar data covering 20+ million properties worldwide. AirROI measures bookings in US dollars; this page shows them in Icelandic krónur at kr 123 per US$, the typical rate from November 2025 to October 2026. Annual revenue averages every listing active during the period, including those listed for only part of it; monthly figures average the listings active in each month; the tier lists show the spread. Neighborhood descriptions are AI-assisted. See the methodology for definitions.

Need this programmatically? The same metrics are available through the AirROI Airbnb Data API and bulk downloads in the data portal.