Assistant Manager Property Management salary in Iceland

Average Yearly Salary of Assistant Manager Property Management in Iceland is approximately 6,376,580 ISK (44,677 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.

What does Assistant Manager Property Management do?

An assistant manager in property management is responsible for assisting the property manager in overseeing the day-to-day operations of a real estate property. They work closely with tenants, maintenance staff, and vendors to ensure that the property is well-maintained and meets all safety and regulatory requirements. Their duties may include rent collection, lease administration, tenant relations, property inspections, coordinating repairs and maintenance, and handling inquiries and complaints from tenants. They also assist in marketing and leasing vacant units, conducting background checks on prospective tenants, and preparing financial reports.

Skills: Property management, Assistant manager, Real estate, Tenant relations, Maintenance coordination, Lease administration
Job industry: Real estate

How much does Assistant Manager Property Management make?

Difference in salary year over year or average salary increase is approximately 3 %


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Salary comparison to National average

Is Assistant Manager Property Management a well paid job?

No, our data shows that Assistant Manager Property Management is typically not a well-paid job. The salary varies based on experience. Meaning that even though Assistant Manager Property Management might be a low paying job, with experience the salary might increase to satisfactory levels.

What is considered a high salary for Assistant Manager Property Management?

High salary for Assistant Manager Property Management would be somewhere between 7,014,238 ISK and 9,246,041 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Assistant Manager Property Management in Iceland?

Living in Iceland the approximate monthly expenses are: 2,729 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.

Estimated Yearly Salary: 6,376,580 ISK
Estimated Monthly Salary: 531,382 ISK
Estimated Weekly Salary: 122,627 ISK per week
Estimated Hourly Salary: 3,066 ISK per hour
By working as Assistant Manager Property Management a person can save up to 994 USD per month or 11,931 USD yearly. Values are pre-tax.

NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.

For more information regarding expenses in Iceland, see costs of living in Iceland.

Salary comparison to region and neighbouring coutries

Country's neighbours are: Norway, Faroe Islands, United Kingdom.
To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).

Estimated Yearly Salary for Assistant Manager Property Management

Last revision of data: 2025-01-04

Salary increase per years of experience

Based on data available the salary increase per years of experience is as following

0 years (beginner) equals base salary

1 to 5 years of experience yields +12% salary increase

6 to 10 years of experience yields +25% salary increase

11 to 15 years of experience yields +16% salary increase

16 to 25 years of experience yields +9% salary increase

more than 25 years of experience yields +10% salary increase

NOTE: Details based on limited set of data. Percentages may vary. The salary increase over years of experience can vary widely based on factors such as job industry, job role, location, company size, and individual performance. To gain even larger increase in salary one is advised to switch jobs and / or employer.

Top 10 highest salaries in Iceland

Data as of 2025

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