Where to Stay in Reykjavik

Where to Stay in Reykjavik

A regional guide to accommodation across the country

Reykjavik, as Iceland's capital and largest city, serves as the primary accommodation hub for the entire country, housing over 60% of Iceland's population and the vast majority of its lodging options. The city's accommodation landscape reflects Iceland's position as a premium Nordic destination, with options ranging from modern design hotels in the city center to guesthouses in residential areas, though budget travelers should note that Iceland consistently ranks among Europe's most expensive destinations for lodging. Beyond the capital, accommodation options thin considerably, with smaller towns offering primarily guesthouses, farm stays, and seasonal hotels. The Greater Reykjavik area encompasses several distinct zones, each offering different accommodation experiences. The compact city center (101 postal district) concentrates most hotels within walking distance of restaurants, nightlife, and cultural attractions, while surrounding neighborhoods like Hlemmur, Laugardalur, and Kópavogur offer quieter alternatives with good bus connections. The nearby towns of Hafnarfjörður and Garðabær provide suburban options for those with rental cars, while areas near Keflavík International Airport cater to early flights and late arrivals. Iceland's accommodation infrastructure has expanded dramatically since 2010 to meet surging tourism demand, with Reykjavik leading this growth. However, the city still experiences severe capacity constraints during summer months and major events, when prices can double or triple from low-season rates. The country's unique geology means many accommodations advertise geothermal heating and proximity to natural hot springs as selling points, while the midnight sun in summer and aurora potential in winter heavily influence where and when travelers choose to stay. Unlike many European capitals, Reykjavik lacks a true hostel culture or budget hotel sector, with even basic guesthouses commanding premium prices. The city's accommodation character leans heavily toward boutique properties, design-forward hotels, and converted residential buildings, reflecting Iceland's strong design aesthetic and limited real estate. For travelers planning to explore beyond the capital, accommodation booking becomes critical, as rural options are limited, seasonal, and book far in advance during summer months.
Budget
€60-100 per night for hostel beds, basic guesthouses, or rooms with shared bathrooms; true budget options are scarce in Reykjavik
Mid-Range
€120-200 per night for standard hotels, private guesthouses, and apartment rentals with private facilities
Luxury
€250-600+ per night for design hotels, boutique properties, and premium suites in central locations

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Regions of Reykjavik

Each region offers a distinct character and accommodation scene. Find the one that matches your travel plans.

Central Reykjavik (101 District)
Luxury/Mid-range

The heart of Iceland's capital concentrates the highest density of accommodation within walking distance of Hallgrímskirkja, Harpa concert hall, and Laugavegur shopping street. This compact area offers the most convenience for car-free travelers, with restaurants, nightlife, and tour departure points steps away, though it commands the city's highest accommodation rates and experiences weekend noise from the famous Reykjavik nightlife scene.

Accommodation: Dominated by boutique hotels, design-focused properties, and converted historic buildings with limited chain presence
Gateway Cities
Reykjavik
First-time visitors Car-free travelers Nightlife enthusiasts Short stays
Old Harbor & Grandi
Mid-range

Reykjavik's revitalized waterfront district offers a quieter alternative to downtown while maintaining walkability to central attractions. The area features newer hotels alongside converted warehouses, with whale watching tours, maritime museums, and seafood restaurants as neighborhood draws, plus slightly lower rates than the 101 district.

Accommodation: Mix of modern hotels, aparthotels, and guesthouses with harbor views and industrial-chic aesthetics
Gateway Cities
Reykjavik
Families Maritime enthusiasts Those seeking quieter stays Foodies
Laugardalur & East Reykjavik
Budget/Mid-range

This residential area east of downtown centers around Laugardalur valley with its geothermal pool complex, botanical gardens, and sports facilities. Accommodation here trends toward guesthouses and smaller hotels in quieter neighborhoods, requiring bus rides or 20-30 minute walks to downtown but offering better value and proximity to the city's best public swimming pool.

Accommodation: Primarily guesthouses, hostels, and apartment rentals in residential buildings with local neighborhood feel
Gateway Cities
Reykjavik
Budget-conscious travelers Families Swimming enthusiasts Longer stays
Hlemmur & Hlíðar
Mid-range

Straddling the edge of downtown and residential neighborhoods, this area around the main bus terminal offers a middle ground between central convenience and quieter surroundings. The neighborhood has seen recent development with several new hotels, and its position near Hallgrímskirkja provides easy access to downtown while maintaining a more local atmosphere.

Accommodation: Mix of modern chain hotels, renovated guesthouses, and design properties with good transport links
Gateway Cities
Reykjavik
Public transport users Mid-range travelers Those wanting local atmosphere Business travelers
Kópavogur & Southern Suburbs
Budget/Mid-range

Iceland's second-largest municipality sits directly south of Reykjavik, offering suburban accommodation with shopping centers, swimming pools, and residential calm. While requiring a car or bus for downtown access, these areas provide better parking options and slightly lower rates while remaining within 10-15 minutes of central Reykjavik.

Accommodation: Guesthouses, apartment rentals, and smaller hotels in suburban settings with parking availability
Gateway Cities
Kópavogur Garðabær Hafnarfjörður
Self-drivers Families Budget-conscious travelers Those avoiding city center
Hafnarfjörður
Mid-range

This historic fishing town 10km south of Reykjavik maintains its own identity with a picturesque harbor, lava field setting, and folklore culture centered on hidden people (elves). Accommodation options remain limited but offer character-filled alternatives to Reykjavik proper, with good access to both the capital and South Coast attractions.

Accommodation: Small hotels, historic guesthouses, and family-run properties with local character
Gateway Cities
Hafnarfjörður
Culture seekers Self-drivers Those wanting small-town atmosphere South Coast explorers
Keflavík & Reykjanes Peninsula
Budget/Mid-range

The area surrounding Iceland's international airport, 45km from Reykjavik, serves primarily as a practical base for early departures, late arrivals, or exploring the Reykjanes Peninsula's geothermal areas and Blue Lagoon. While lacking the capital's attractions, it offers significantly lower rates and makes sense for those prioritizing South Coast or Golden Circle tours over city exploration.

Accommodation: Airport hotels, guesthouses, and functional properties focused on convenience over atmosphere
Gateway Cities
Keflavík Reykjanesbær Grindavík
Early flights Late arrivals Budget travelers Blue Lagoon visitors
Mosfellsbær & Northern Suburbs
Mid-range

The suburbs north and east of Reykjavik offer proximity to nature with hiking trails, Mount Esja views, and geothermal areas while remaining within 20 minutes of downtown. These residential areas provide peaceful bases for travelers with cars who want easy access to both city and countryside.

Accommodation: Scattered guesthouses, farm stays, and small hotels in semi-rural settings
Gateway Cities
Mosfellsbær Kjalarnes
Nature lovers Self-drivers Those seeking quiet Hikers

Accommodation Landscape

What to expect from accommodation options across Reykjavik

International Chains

International hotel chains have limited presence in Reykjavik, with Hilton, Radisson Blu, and Marriott operating flagship properties in premium locations. Icelandic chains like Keahotels and Fosshotel dominate the mid-range market, offering consistent quality across multiple city locations and countryside properties. The market remains heavily weighted toward independent operators, boutique hotels, and locally-owned guesthouses, reflecting Iceland's small population and independent business culture.

Local Options

Guesthouses (gistiheimili) form the backbone of Reykjavik's accommodation, ranging from rooms in family homes to purpose-built properties with hotel-like amenities. Apartments and vacation rentals have exploded in popularity, offering better value for groups and families, though regulations have tightened since 2019. Many accommodations occupy converted residential buildings, giving them residential character but sometimes lacking elevators, air conditioning, or extensive facilities. Icelandic hospitality emphasizes functionality and design over elaborate service, with many properties operating with minimal staff.

Unique Stays

Iceland's unique accommodation options include renovated turf houses (though rare in Reykjavik itself), farm stays on working sheep or horse farms in the greater capital area, and summer houses (sumarbústaður) available for short-term rental. Several properties incorporate geothermal heating systems as a feature, with some offering private hot tubs fed by geothermal water. The country's extreme seasonal light variations mean many accommodations provide blackout curtains as standard in summer and northern lights wake-up calls in winter. Eco-lodges and sustainability-focused properties have grown in number, reflecting Iceland's environmental consciousness and renewable energy abundance.

Booking Tips for Reykjavik

Country-specific advice for finding the best accommodation

Book Far in Advance for Summer

Reykjavik's accommodation capacity cannot meet summer demand, with quality properties selling out 4-6 months ahead for June-August dates. Booking by February for summer travel is advisable, as last-minute options often mean either extremely high prices or locations far from downtown. Winter bookings can be made closer to travel dates, though New Year's Eve requires advance planning similar to summer.

Consider Self-Catering Options

With restaurant meals costing €20-40+ per person, apartment rentals with kitchen facilities can significantly reduce overall trip costs despite higher nightly rates. Grocery stores offer good selections at more reasonable prices than dining out, making self-catering apartments or guesthouses with kitchen access particularly valuable for budget-conscious travelers. Many mid-range hotels include basic breakfast, which should factor into value calculations.

Evaluate Location Against Car Rental Plans

Travelers renting cars can access better-value accommodations in suburbs and surrounding towns, while those relying on public transport should prioritize central locations despite higher costs. Parking in downtown Reykjavik is expensive and limited, making central hotels less advantageous for drivers. Bus service is reliable but limited after hours, affecting accommodation choices for those planning to experience Reykjavik's famous nightlife without a car.

Check Cancellation Policies Carefully

Iceland's weather can disrupt travel plans year-round, making flexible cancellation policies valuable despite often higher rates. Many Icelandic properties enforce strict cancellation deadlines, particularly during high season, with some requiring full prepayment months in advance. Travel insurance covering accommodation costs is advisable given Iceland's unpredictable conditions and potential flight disruptions.

Verify Included Amenities

Accommodation descriptions in Iceland may not include features considered standard elsewhere—verify whether breakfast, parking, WiFi, and private bathrooms are included, as these vary widely even within price categories. Some guesthouses offer shared bathroom facilities even at mid-range prices, while others charge separately for parking or breakfast. Air conditioning is rare and generally unnecessary even in summer, but heating quality matters for winter stays.

When to Book

Timing matters for both price and availability across Reykjavik

High Season

For June-August travel, book 4-6 months in advance (by February) to secure preferred locations and reasonable rates. Waiting until spring often means limited availability, downtown properties sold out, and prices 30-50% higher than early-booking rates. New Year's Eve accommodation should be booked by September at latest.

Shoulder Season

May and September accommodation can be booked 2-3 months ahead for good selection, though popular properties still fill early. These months offer the best balance of availability, pricing, and weather, making them increasingly popular and requiring more advance planning than previously. Aurora season weekends (September-March) book faster than midweek dates.

Low Season

November and January-February offer the most flexibility, with booking 2-4 weeks ahead usually sufficient except around New Year's. Some properties offer last-minute deals during these months, and negotiation may be possible for longer stays. However, some suburban and rural accommodations close entirely, limiting options outside central Reykjavik.

Iceland's accommodation market rewards early booking more than most destinations, with summer prices doubling or properties selling out entirely for those who wait. Book 4-6 months ahead for summer, 2-3 months for shoulder season, and 1-2 months for winter unless traveling around New Year's. Direct booking with properties sometimes yields better rates than third-party platforms, and many Icelandic operators respond well to email inquiries about longer stays or group bookings.

Good to Know

Local customs and practical information for Reykjavik

Check-in / Check-out
Standard check-in is 2-3 PM and checkout 11 AM-noon, though many smaller guesthouses operate with flexible self-check-in systems using lockboxes or codes, requiring coordination in advance. Some properties have no reception desk or limited staffing hours, making communication before arrival essential. Icelanders expect punctuality and appreciate advance notice of late arrivals, particularly at smaller properties with minimal staff.
Tipping
Tipping is not expected or customary in Iceland for any service, including hotel staff, as service charges are included in prices and wages are relatively high. Leaving tips may confuse staff or be politely declined. Instead, positive online reviews are the preferred way to show appreciation for good service. This no-tipping culture extends to all accommodation types from hostels to luxury hotels.
Payment
Iceland is effectively cashless, with cards accepted everywhere and preferred by most establishments. Credit and debit cards with chip-and-PIN work best, though contactless and mobile payments are ubiquitous. Many smaller guesthouses request direct bank transfers for payment, particularly for longer stays. Keep cards with no foreign transaction fees, as even small purchases use cards rather than cash.
Safety
Iceland consistently ranks among the world's safest countries, with accommodation security concerns minimal. Most properties in Reykjavik lack extensive security measures like safes or security guards, as theft is uncommon. However, valuables left in cars at accommodations or trailheads near the city can be targets for opportunistic theft. Weather-related safety is more relevant—ensure winter accommodations have proper heating, and confirm accessibility during storms, as Iceland's weather can be severe and disruptive.

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