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Airbnb market data · 202612 months to October 2026

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

Source: AirROI Reviewed by , Founder @ AirROI Updated

Active Airbnb listings
25
Avg. booking lead time
82 days
Listings showing a permit
4%
Peak revenue month
July
Lowest revenue month
February

The short answer

Ólafsvík Airbnb Market at a Glance

Rates and bookings both trail the national average. Listings averaged kr 34,724 a night and were booked on 41% of available nights, against kr 40,900 and 46% for the national average.

Timing matters: in July, usually the best month, the average listing earns about 4.7 times as much as in February, usually the slowest. With only 25 active listings, a few bookings can reorder the months.

AirROI tracked 25 active listings in Ólafsvík.

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

Revenue

How Much Do Airbnb Hosts Make in Ólafsvík?

Gross bookings per Ólafsvík listing averaged kr 3,620,168 over the 12 months to October 2026 (Iceland average: kr 4,950,477), before cleaning, platform and management costs and taxes.

In a typical year, the average Ólafsvík listing brings in kr 782,000 in July, its best month, and kr 165,000 in February, its slowest. Both ends are close calls: July leads August by 3%, and February sits just 5% below January, so either pair can swap places in a given year. The three strongest months bring in 46% of a full year's revenue, where an even calendar would give any three months 25%.

Across Ólafsvík's 25 active listings, monthly revenue by tier:

  • Best-in-class properties (top 10%) earn kr 718,000+ a month, about 2.2 times the typical property.
  • Strong performers (top 25%) earn kr 511,000 or more, roughly kr 180,000 a month above the median.
  • Typical properties (median) earn about kr 328,000 a month.
  • Entry-level properties (bottom 25%) earn kr 235,000 or less, about three-quarters 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 4.7 times what February does

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

The dashed line is the average of the months shown, kr 400,000. 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.

Ólafsvík Airbnb Data by Month

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

July 2026 led on revenue. Nightly rates peaked in August 2026 and bookings in September 2026, so the best-paying month is not always the busiest or the priciest.

Average monthly Airbnb revenue, occupancy, nightly rate, RevPAR, booking lead time and length of stay per active listing in Ólafsvík, Oct 2025 to Sep 2026
MonthAvg. RevenueOccupancyAvg. Nightly RateRevPARBooking Lead TimeAvg. Length of Stay
Oct 2025kr 381,67947.9%kr 33,014kr 12,31271 days1.6 nights
Nov 2025kr 208,90323.3%kr 31,934kr 6,96366 days1.6 nights
Dec 2025kr 251,21518.3%kr 34,048kr 8,10452 days5.2 nights
Jan 2026kr 165,87913.2%kr 33,555kr 5,35173 days2.2 nights
Feb 2026kr 174,95422.7%kr 33,515kr 6,24839 days1.7 nights
Mar 2026kr 194,85720.6%kr 33,309kr 6,28647 days1.9 nights
Apr 2026kr 232,59925.2%kr 32,312kr 7,75344 days1.6 nights
May 2026kr 357,76138.1%kr 33,302kr 11,54173 days2 nights
Jun 2026kr 688,03265.7%kr 38,439kr 22,93496 days1.3 nights
Jul 2026kr 780,44866.2%kr 38,489kr 25,17694 days1.9 nights
Aug 2026kr 727,29362.2%kr 39,962kr 23,461134 days3.9 nights
Sep 2026kr 717,30067.0%kr 34,457kr 23,91079 days1.6 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 Ólafsvík market, enter its address and size in the Airbnb profit calculator, which compares it with similar listings nearby.

Profit

Is an Airbnb in Ólafsvík Profitable?

Yes, when it's run well. The average Ólafsvík Airbnb took in kr 3,620,168 in the 12 months to October 2026, and run by its owner at everyday costs, about kr 215,000 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 339,000 a month.

Cleaning it yourself keeps the kr 150,000 a year guests pay in cleaning fees, for about kr 228,000 a month. Handing the listing to a co-host at about 10% of nightly bookings still leaves about kr 186,000 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.

Ólafsvík 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 Ólafsvík Airbnb
LineAverage listingTop-quarter listing
Money in
Nightly bookingskr 3,470,168kr 5,414,000
Cleaning fees guests pay4% of Ólafsvík bookingskr 150,000kr 234,000
Gross bookingskr 3,620,168kr 5,648,000
Running costs
Airbnb's feeAbout 13%: 15.5% for the 80% of Ólafsvík listings on Simplified Pricing, 3% for the rest−kr 471,000−kr 734,000
Cleaning and laundryPaid for by the cleaning fee; kr 0 if you clean yourself−kr 150,000−kr 234,000
Utilities and internetAbout 5% of bookings−kr 181,000−kr 282,000
Guest suppliesToiletries, coffee, paper goods: about 2%−kr 72,000−kr 113,000
Repairs and upkeepIncluding linens and small replacements: about 3%−kr 109,000−kr 169,000
Short-term rental insuranceOne policy, on top of Airbnb's free AirCover−kr 36,000−kr 36,000
Permit and registrationWhere one is required−kr 18,000−kr 18,000
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 25% of bookings, plus cleaning paid for by the cleaning fee−kr 1,037,000−kr 1,586,000
Left for housing costs, then profitkr 2,583,168about kr 215,000 a monthkr 4,062,000about kr 339,000 a month
Housing costs
Mortgage or rent, property tax, home insurance, building or condo feesDepend on the home

Estimate Your Own Ólafsvík Airbnb Profit

The estimate starts from Ólafsvík'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 Ólafsvík home, with its price, its mortgage or rent and your own costs, use the Airbnb income calculator. It starts from the comparable listings around the address.

How Ólafsvík's Top Earners Get There

  • More nights booked. The busiest quarter of Ólafsvík listings are booked on 51% or more of their nights, against 40% for the median listing. Ten more booked nights a year at the median rate of kr 30,300 adds about kr 303,000 in bookings.
  • Prices that follow demand. Ranked by price, the top quarter charge kr 42,700 a night or more, against a median of kr 30,300. 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 347,000 a year.
  • Open for the busy months. In a typical year, July brings the average listing about kr 782,000, against kr 165,000 in February, so a calendar that is open and full in the busy months carries the year.
  • Reviews that stand out. Ólafsvík listings average 4.81 stars, and 48% 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 471,000 a month, against kr 302,000 for the average one.

Occupancy

What Is the Airbnb Occupancy Rate in Ólafsvík?

Ólafsvík listings were booked on 41% of the nights they were open over the past year, 5 percentage points below the Iceland average (46%). In a typical year, occupancy swings from 20% in January to 72% in July.

Across Ólafsvík's 25 active listings, the share of open nights booked by tier:

  • Best-in-class properties (top 10%) are booked 71%+ of open nights, 31 points above the median.
  • Strong performers (top 25%) fill 51% or more, roughly four nights a week.
  • Typical properties (median) fill about 40% of open nights.
  • Entry-level properties (bottom 25%) fill 22% or less, under two nights a week.

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

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

Nightly rates

How Much Does an Airbnb Cost per Night in Ólafsvík?

The average nightly rate in Ólafsvík, known as ADR (average daily rate), was kr 34,724 over the past year, about 15% below the Iceland average of kr 40,900. In a typical year, rates peak in June and August at about kr 37,600 and bottom out in November at about kr 27,700.

Across Ólafsvík's 25 active listings, nightly rates by tier:

  • Best-in-class properties (top 10%) charge kr 60,600+ a night, about twice the median.
  • Strong performers (top 25%) charge kr 42,700 or more, about kr 12,000 above the median.
  • Typical properties (median) charge about kr 30,300 a night.
  • Entry-level properties (bottom 25%) charge kr 21,100 or less, about two-thirds of the median.

August rates run 36% above November's

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

The dashed line is the average of the months shown, kr 32,200. The 12-month ADR of kr 34,724 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 Ólafsvík?

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 Ólafsvík it averaged kr 13,700 over the past year, from about kr 5,580 in a typical January to about kr 25,200 in a typical July.

Across Ólafsvík's 25 active listings, RevPAR by tier:

  • Best-in-class properties (top 10%) earn kr 22,400+ per open night, about 1.6 times the median.
  • Strong performers (top 25%) earn kr 18,100 or more, about kr 4,200 a night above the median.
  • Typical properties (median) earn about kr 13,900 per open night.
  • Entry-level properties (bottom 25%) earn kr 9,390 or less, about two-thirds of the median.

July RevPAR is about 4.5 times January's

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

The dashed line is the average of the months shown, kr 13,100.

Seasonality

Best and Worst Months for Airbnb in Ólafsvík

With only 25 active listings, the monthly pattern in Ólafsvík 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 Ólafsvík

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 400,000.

Revenue by month in Ólafsvík in numbers
Average monthly revenue per active listing in Ólafsvík, by calendar month
MonthRevenue per listing
Januarykr 173,000
Februarykr 165,000
Marchkr 189,000
Aprilkr 263,000
Maykr 346,000
Junekr 632,000
Julykr 782,000
Augustkr 762,000
Septemberkr 674,000
Octoberkr 382,000
Novemberkr 192,000
Decemberkr 239,000

How Far in Advance Do Guests Book Airbnb in Ólafsvík?

Guests book Ólafsvík stays 82 days ahead on average (about two and a half months), so guests here plan well ahead. August stays are booked furthest out, about 130 days ahead, and February stays closest to arrival, about 41 days. A typical August booking is made in early April.

August stays are booked furthest ahead

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

The 12-month figure of 82 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 Ólafsvík

4% of the 25 active listings in Ólafsvík 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 Ólafsvík.

Neighborhoods

Best Neighborhoods for Airbnb in Ólafsvík

AirROI's area guide picks eight Ólafsvík neighborhoods that draw short-term rental guests, led by Ólafsvík Town Center, Snæfellsnes Peninsula and Arnarstapi. 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 Ólafsvík
AreaWho it suitsLandmarks nearby
Ólafsvík Town CenterThe heart of Ólafsvík offers access to local shops, restaurants, and services. It's a friendly, small-town atmosphere that appeals to tourists who want to experience the local culture and community.Ólafsvík Harbour, Ólafsvík Church, local shops, cafés, Snæfellsjökull National Park nearby
Snæfellsnes PeninsulaA stunning region known for its dramatic landscapes, perfect for outdoor enthusiasts. Tourists flock here for hiking, photography, and exploring natural wonders.Kirkjufell Mountain, Djúpalónssandur Beach, Snæfellsjökull Glacier, Lóndrangar Basalt Cliffs, Gatklettur Rock Arch
ArnarstapiA beautiful coastal village known for its stunning sea cliffs and rock formations. Ideal for travelers wanting to explore unique geological features and coastal trails.Arnarstapi Village, Gatklettur Arch, Búðakirkja Church, hiking trails, sea bird watching
HellnarA picturesque village with breathtaking views and excellent access to hiking routes. It attracts nature lovers and those seeking tranquility away from busy tourist areas.Hellnar Nature Reserve, Hiking trails to Snæfellsjökull, Restaurants with sea views, wildlife spotting
DjupalonssandurFamous for its black pebble beach and beautiful landscapes, Djupalonssandur is a must-see for visitors wanting to experience Iceland’s unique coastline.Djupalonssandur Beach, remnants of a shipwreck, hiking paths, magnificent views of cliffs and ocean
BúðakirkjaThis iconic black church is a unique architectural site in Iceland, surrounded by stunning lava fields and mountains. An essential stop for photographers and those interested in Icelandic history.Búðakirkja Church, Lava fields, mountain views, cultural history tours
Saxhóll CraterAn extinct volcanic crater that offers hiking opportunities and a fantastic panoramic view of the surrounding area, great for adventure seekers and nature tours.Saxhóll Crater hiking trails, stunning views, viking history sites, accessible paths for tourists
LýsuhólslaugA geothermal swimming pool tucked in scenic surroundings offering relaxation for tourists after a day of exploration, attracting those interested in wellness and outdoor lifestyle.Lýsuhólslaug Pool, wellness and spa services, natural hot springs, scenic views

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

Nearby markets

Ólafsvík vs. Nearby Airbnb Markets

Of the four nearby markets in the table, all within 96 km, Grundarfjarðarbær (21 km away, 50 listings) earned the most per listing, about 91% more than Ólafsvík.

Airbnb markets near Ólafsvík: distance, revenue, nightly rate and occupancy
MarketListingsAvg. annual revenueAvg. nightly rateOccupancy
Grundarfjarðarbær 21 km50kr 6,914,988kr 42,25453%
Stykkishólmur 50 km42kr 5,582,139kr 42,39147%
Borgarnes 93 km135kr 5,366,284kr 40,18945%
Búðardalur 96 km38kr 4,265,808kr 35,14341%

Markets Similar to Ólafsvík

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

FAQ

Ólafsvík Airbnb FAQ

How much do Airbnb hosts make in Ólafsvík?

An active Ólafsvík Airbnb grossed kr 3,620,168 on average in the 12 months to October 2026, according to AirROI's tracking of 25 active listings. That is before cleaning, management, taxes and financing. Busier, better-run listings do far better: the top quarter took in kr 511,000 or more in a typical month.

How much can I make on Airbnb in Ólafsvík?

It depends most on the home's size, location and how it's run. The middle half of Ólafsvík listings earn between kr 235,000 and kr 511,000 in a typical month, and the top tenth kr 718,000 or more. For one home, enter its address and bedroom count in the Airbnb calculator: it compares the home with similar listings nearby.

What is the average Airbnb occupancy rate in Ólafsvík?

Listings in Ólafsvík were booked on 41% 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 Ólafsvík?

The average booked night in Ólafsvík cost kr 34,724 before fees. Half of listings charge between kr 21,100 and kr 42,700, so bedroom count and location move the price more than the average suggests.

Do you need a permit for an Airbnb in Ólafsvík?

In Ólafsvík, 4% 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 Ólafsvík?

Yes, when it's run well. The average Ólafsvík Airbnb grossed kr 3,620,168 in the 12 months to October 2026, 27% below the national average of kr 4,950,477, though with only 25 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 2,583,168 a year (about kr 215,000 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 339,000 a month. Check a specific home in the Airbnb estimator.

When is Airbnb peak season in Ólafsvík?

July usually pays best, averaging kr 782,000 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 Ólafsvík?

Each night a Ólafsvík listing was open to book earned kr 13,700 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 22,400 or more.

How far in advance do guests book Airbnbs in Ólafsvík?

Ólafsvík stays were booked 82 days (about two and a half 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 Ólafsvík?

The average Ólafsvík Airbnb stay lasted 2.9 nights over the past year. A listing took 25 reservations over the year on average.

How are Airbnbs in Ólafsvík rated?

Guests rate Ólafsvík Airbnbs 4.81 out of 5 on average. Guests score check-in highest and value lowest.

What are the best neighborhoods for Airbnb in Ólafsvík?

Ólafsvík Town Center, Snæfellsnes Peninsula and Arnarstapi draw the most short-term rental interest in Ólafsvík. The neighborhood guide explains what brings guests to each.

How many Airbnbs are there in Ólafsvík?

AirROI counted 25 active Airbnb listings in Ólafsvík as of October 2026. The closest tracked market is Grundarfjarðarbær, 21 km away.

How much are Airbnb cleaning fees in Ólafsvík?

In Ólafsvík, nearly a third of listings add a cleaning fee. The median fee is kr 6,534, and some higher fees lift the average to kr 8,537.

How many tourists visit Ólafsvík, Iceland?

All of Iceland had 2,297,121 international arrivals in 2025, the Icelandic Tourist Board (Ferðamálastofa) reports. AirROI estimates 617 Airbnb stays in Ólafsvík, 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 25 active Airbnb listings in Ólafsvík from November 2025 to October 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.