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Lease Administrator salary in Iceland

Average Yearly Salary of Lease Administrator in Iceland is approximately 10,989,862 ISK (76,883 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 Lease Administrator do?

occupation personasA lease administrator is responsible for managing and overseeing the leasing process for a company or organization. They work closely with property owners, tenants, and other stakeholders to ensure that lease agreements are properly executed and maintained. This includes reviewing lease documents, negotiating terms and conditions, coordinating lease renewals or terminations, and resolving any disputes or issues that may arise during the lease term. Lease administrators also maintain accurate records of lease agreements, monitor rent payments, and ensure compliance with lease obligations.

Skills: Lease administration, Property management, Contract negotiation, Lease documentation, Tenant relations, Compliance monitoring
Job industry: Real estate


How much does Lease Administrator make?

Salary details
How much does Lease Administrator make?
Estimated Yearly Salary: 10,989,862 ISK
Estimated Monthly Salary: 915,822 ISK
Estimated Weekly Salary: 211,344 ISK per week
Estimated Hourly Salary: 5,284 ISK per hour
Values are pre-tax
Last revision of data: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 10,633,480 ISK
Estimated Monthly Salary: 886,123 ISK
Estimated Weekly Salary: 204,490 ISK per week
Estimated Hourly Salary: 5,112 ISK per hour
Last revision of data: 2024-01-05



Lease Administrator estimated salary in USD
For easier comparison here is an estimated salary in USD:
Estimated Yearly Salary: 76,883 USD
Estimated Monthly Salary: 6,407 USD
Estimated Weekly Salary: 1,479 USD per week
Estimated Hourly Salary: 37 USD per hour


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

About these results Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.

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Salary comparison to National average

Iceland, a Nordic island country located in the North Atlantic Ocean, is known for its stunning natural landscapes and unique geological features. With a population of approximately 366,000 people, Iceland is one of the least densely populated countries in Europe. The country covers an area of about 103,000 square kilometers, making it the 18th largest island in the world.

Estimated national average yearly salary is 8,949,782 ISK (68,220 USD). Value indicated is pre-tax. Below graph shows estimated Lease Administrator job salary compared to average salary in Iceland.
Comparison shows that a person working as Lease Administrator in Iceland earns on average:
1.23 times the average salary (or 123% of average salary).

Is Lease Administrator a well paid job?

Yes, our data shows that Lease Administrator is a well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.

What is considered a high salary for Lease Administrator?

High salary for Lease Administrator would be somewhere between 12,088,848 ISK and 15,935,300 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Lease Administrator 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: 10,989,862 ISK
Estimated Monthly Salary: 915,822 ISK
Estimated Weekly Salary: 211,344 ISK per week
Estimated Hourly Salary: 5,284 ISK per hour
By working as Lease Administrator a person can save up to 3,678 USD per month or 44,137 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 Lease Administrator

Norway is 107,839 USDup arrow 40%
Details on Lease Administrator salary in Norway
United Kingdom is 50,720 USDdown arrow 34%
Details on Lease Administrator salary in United Kingdom
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 up arrow+12% salary increase
    6 to 10 years of experience yields up arrow+25% salary increase
    11 to 15 years of experience yields up arrow+16% salary increase
    16 to 25 years of experience yields up arrow+9% salary increase
    more than 25 years of experience yields up arrow+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

(101,519,791 ISK per year, pre-tax.)
(84,892,494 ISK per year, pre-tax.)
(82,036,676 ISK per year, pre-tax.)
(79,530,435 ISK per year, pre-tax.)
(79,217,486 ISK per year, pre-tax.)
(77,544,423 ISK per year, pre-tax.)
(77,443,218 ISK per year, pre-tax.)
(77,278,803 ISK per year, pre-tax.)
(77,260,671 ISK per year, pre-tax.)
(77,231,503 ISK per year, pre-tax.)

Data as of 2025

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All salary figures on optisalary.com are for reference purposes exclusively. We compile data from numerous reliable databases, yet do not guarantee complete precision. Before making career decisions, visitors should cross-check with external authoritative sources. Salaries fluctuate due to various influences, including economic conditions, job market trends, and geographic location. We disclaim any responsibility for misrepresentations in the salary information provided here. Your use with optisalary.com constitutes agreement of this policy.
This website offers salary estimates for informational purposes only. While we collect data from multiple providers, we cannot ensure absolute accuracy. Users are advised to review external platforms before making any career moves. Salaries fluctuate due to various factors, such as market demand, employer policies, and geographic location. We make no guarantee regarding the validity of the displayed salary data. Your continued access of this site confirms your understanding of these terms.