The Best Hotels Closest to Rainbow Street in Reykjavik - 2026 Updated Prices

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Our top choices for Rainbow Street hotels

Superior Apartment, 3 Bedrooms, 2 Bathrooms (Hverfisgata 53) | Desk, laptop workspace, blackout curtains, free cots/infant beds

Apartment, 3 Bedrooms (Hverfisgata 55) | Private kitchen | Coffee/tea maker, full-sized fridge, microwave, oven

House, 3 Bedrooms (Vatnsstígur 8) | Living area | Flat-screen TV

Superior Apartment, 3 Bedrooms, 2 Bathrooms (Hverfisgata 53) | In-room dining

1. Old Charm Reykjavik Apartments

Downtown Reykjavik, 0.3 km from Rainbow Street

Jennifer

7.302.413 ₫

8.277.090 ₫ total

includes taxes & fees

13 Sept - 14 Sept

Deluxe Suite, 1 Bedroom, Balcony | Living area | LCD TV, heated floors

Penthouse, 2 Bedrooms, Balcony | Private kitchen | Espresso maker, coffee/tea maker, full-sized fridge, microwave

Penthouse, 3 Bedrooms, Balcony | Private kitchen | Espresso maker, coffee/tea maker, full-sized fridge, microwave

2. Black Pearl Luxury Apartments

Downtown Reykjavik, 0.6 km from Rainbow Street

Jignesh

9.391.573 ₫

10.596.057 ₫ total

includes taxes & fees

5 Oct - 6 Oct

Family Quadruple Room | Down duvets, in-room safe, laptop workspace, blackout curtains

King Suite | Living room | Flat-screen TV

3. Sand Hotel by Keahotels

Downtown Reykjavik, 0.3 km from Rainbow Street

Jill

8.230.778 ₫

9.307.575 ₫ total

includes taxes & fees

4 Oct - 5 Oct

Apartment, 2 Bedrooms, 2 Bathrooms | Living area | 40-inch LED TV with satellite channels, TV

Apartment, 2 Bedrooms | Private kitchen | Espresso maker, coffee/tea maker, fridge, microwave

4. Reykjavik Residence Apartment Hotel

Downtown Reykjavik, 0.3 km from Rainbow Street

Yaritza

5.952.288 ₫

6.778.451 ₫ total

includes taxes & fees

14 Sept - 15 Sept

5. Iceland Parliament Hotel, Curio Collection By Hilton

Downtown Reykjavik, 0.4 km from Rainbow Street

Craig

10.247.074 ₫

11.546.916 ₫ total

includes taxes & fees

4 Oct - 5 Oct

6. Hotel Reykjavik Saga

Downtown Reykjavik, 0.3 km from Rainbow Street

JASON

9.631.596 ₫

10.863.736 ₫ total

includes taxes & fees

11 Oct - 12 Oct

King/Twin Room with Shared Bathroom | Premium bedding, down duvets, laptop workspace, blackout curtains

Superior Suite with balcony ( 8 persons, 2nd floor) | Private kitchen | Coffee/tea maker, dishwasher, electric kettle, toaster

7. Freyja Guesthouse & Suites

Downtown Reykjavik, 0.5 km from Rainbow Street

Sunny

9.113.772 ₫

11.259.130 ₫ total

includes taxes & fees

11 Oct - 12 Oct

Classic Single Room, Patio View | View from room

8. Hotel Von

Downtown Reykjavik, 0.5 km from Rainbow Street

Colleen

5.753.031 ₫

6.558.528 ₫ total

includes taxes & fees

5 Oct - 6 Oct

9. ION City Hotel, a Member of Design Hotels

Downtown Reykjavik, 0.2 km from Rainbow Street

"We truly enjoyed our stay at the Ion City Hotel. Great central location on the main pedestrian street in the middle of Reykjavík. The hotel’s central location made for convenient access to the sites, restaurants, bars, etc. The front desk staff was very helpful with recommendations, getting us a taxi, etc. Our international flight arrived early morning. Once our room was cleaned and ready they allowed us to check in early. Would definitely stay at the Zion City again."

Paul

6.951.288 ₫

7.888.594 ₫ total

includes taxes & fees

6 Oct - 7 Oct

Twin Studio with Sofa Bed | In-room safe, laptop workspace, blackout curtains, soundproofing

Studio, 1 Queen Bed with Sofa bed (Full Kitchen) | Private kitchen | Coffee/tea maker, fridge, microwave, stovetop

Coffee/tea maker, fridge, microwave, stovetop

10. Candlewood Suites Reykjavik by IHG

1 km from Rainbow Street

Kelley

6.805.559 ₫

7.725.581 ₫ total

includes taxes & fees

29 Sept - 30 Sept

11. Alda Hotel Reykjavik

Downtown Reykjavik, 0.6 km from Rainbow Street

Jennifer

6.688.179 ₫

7.596.543 ₫ total

includes taxes & fees

5 Oct - 6 Oct

Comfort Apartment, 1 Bedroom, Kitchenette (Týsgata 8) | Blackout curtains, soundproofing, iron/ironing board, free WiFi

12. Odinsve Hotel Apartments

Downtown Reykjavik, 0.2 km from Rainbow Street

Elaine

7.079.281 ₫

8.029.413 ₫ total

includes taxes & fees

19 Sept - 20 Sept

Penthouse Studio with Balcony and Kitchenette | Premium bedding, desk, laptop workspace, blackout curtains

Penthouse Studio with Kitchenette | Premium bedding, desk, laptop workspace, blackout curtains

13. Vintage Apartment Hotel

Downtown Reykjavik, 0.3 km from Rainbow Street

travis

7.005.875 ₫

9.456.835 ₫ total

includes taxes & fees

11 Oct - 12 Oct

Premium bedding, memory-foam beds, in-room safe, desk

14. Canopy by Hilton Reykjavik City Centre

Downtown Reykjavik, 0.2 km from Rainbow Street

Seth

8.108.022 ₫

9.172.568 ₫ total

includes taxes & fees

11 Oct - 12 Oct

15. Reykjavik Konsulat Hotel, Curio Collection by Hilton

Downtown Reykjavik, 0.4 km from Rainbow Street

Shannon

10.023.661 ₫

11.298.928 ₫ total

includes taxes & fees

4 Oct - 5 Oct

Deluxe Room | Hypo-allergenic bedding, in-room safe, blackout curtains, soundproofing

16. Hotel Reykjavik Centrum

Downtown Reykjavik, 0.5 km from Rainbow Street

SVETLANA

6.182.672 ₫

7.035.417 ₫ total

includes taxes & fees

11 Oct - 12 Oct

Business Single Room | In-room safe, desk, blackout curtains, iron/ironing board

17. Hotel Borg by Keahotels

Downtown Reykjavik, 0.3 km from Rainbow Street

Sandra

8.159.948 ₫

9.228.953 ₫ total

includes taxes & fees

5 Oct - 6 Oct

Standard Twin Room, Private Bathroom | Blackout curtains, bed sheets

18. Guesthouse Sunna

Downtown Reykjavik, 0.4 km from Rainbow Street

Maureen

4.222.538 ₫

4.859.681 ₫ total

includes taxes & fees

7 Oct - 8 Oct

Suite, 1 Bedroom, Corner | View from room

3 bars/lounges, cocktail bar, rooftop bar, lobby lounge

Hypo-allergenic bedding, minibar, in-room safe, laptop workspace

19. The Reykjavik EDITION

Downtown Reykjavik, 0.5 km from Rainbow Street

Silvia

12.911.016 ₫

16.014.703 ₫ total

includes taxes & fees

11 Oct - 12 Oct

20. CityHub Reykjavik

Downtown Reykjavik, 0.3 km from Rainbow Street

Dan Donna

3.567.700 ₫

4.131.802 ₫ total

includes taxes & fees

15 Sept - 16 Sept

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Compare popular hotels close to Rainbow Street

Property	Property class	Guest rating
Old Charm Reykjavik Apartments	9.8 Exceptional 143 reviews	View
Black Pearl Luxury Apartments	9.8 Exceptional 766 reviews	View
Sand Hotel by Keahotels	9.6 Exceptional 1,000 reviews	View
Reykjavik Residence Apartment Hotel	9.6 Exceptional 3,419 reviews	View
Iceland Parliament Hotel, Curio Collection By Hilton	9.6 Exceptional 343 reviews	View

Top Rainbow Street Hotel Reviews

Hotel Von

10/10 Excellent

"Great location in the heart of Reykjavik. Good size room. Easy access to rooms. Easy access to stairs. Restaurant looked good. Clean property."

Guesthouse Sunna

10/10 Excellent

"The unit was very clean. Basic decor. Shared restrooms excellent. We did not use the kitchen or eat breakfast. Great location. Parking on site is excellent amenity. No problems with the room."

Alda Hotel Reykjavik

10/10 Excellent

"Family of three stayed in a room with a room with a bed plus sofa bed. There was plenty of room for the three of us and our suitcases. Two of us enjoyed the sauna. Robes and towels were provided for all 3 which was nice and showers were also available in the gym area. We paid extra for the breakfast which was the best during our stay. The staff was very nice ! We enjoyed our stay and would definitely stay here again. Highly recommend!"

Grandi by Center Hotels

10/10 Excellent

"Emma at the front desk went well above to make sure we enjoyed our stay. She made sure our room was well away from the large tour groups also using the facility. Indeed, we hardly noticed the other guests. She also made sure our spa and massage reservations were correct, even changing one to accomodate our changing schedule.. On another day, I stopped to ask where to find an odd size coin battery and the receptnist turned in her seat and said, "you mean like this?" And handed me the correct battery, she then declined to charge me for it. It didn't stop there as the bar, restaurant and housekeeping staff all went above and beyond to be helpful. The spa facilities were very relaxing with two separate hot tubs, a sauna and first class massage therapy services. Tour busses have difficulty navigating the narrow city streets, so there is an organized tour bus stop, #17, a very short walk away, in front of the Maratime Museum, a gateway to the wonders of the far north country. In summary, highly recommended."

Fosshotel Reykjavik

10/10 Excellent

"Well located and great views."

CityHub Reykjavik

10/10 Excellent

"It was in a very accessible location, and the staff was great! I would definitely stay there again."

Center Hotels Arnarhvoll

10/10 Excellent

"z"

Midtown Reykjavik by Heimaleiga

8/10 Good

"No staff but room was clean"

Hotel Reykjavik Saga

10/10 Excellent

"Great and modern Hotel with a restaurant and Cafe and a good location. The only issues we had were they could not pro queen bed and they had to push two singles together and their room had no coffee cups despite we would recommend this hotel."

Other attractions near Rainbow Street

A coastal cityscape with a central road flanked by colorful buildings and a harbor in the background.

Skólavörðustígur

You can find the perfect gifts to bring home at Skólavörðustígur during your trip to Reykjavik.

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A statue of a warrior holding a spear and shield, standing on a pedestal.

Arnarholl Statue

Learn about the local history of Reykjavik when you take a trip to Arnarholl Statue. Discover the top-notch restaurants and great live music in this walkable area.

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A church tower with a clock, a weather vane, and a crown symbol.

Reykjavík Cathedral

9.0/10 (886 reviews)

After visiting Reykjavík Cathedral, make a plan to see the other sights and activities in Reykjavik. Discover the acclaimed theatre scene in this walkable area or seek out the local tours.

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National Theatre of Iceland

9.4/10 (3 reviews)

You can get tickets for a performance at National Theatre of Iceland during your trip to Reykjavik. Discover the great live music and shops in this culturally rich area.

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Þjóðmenningarhúsið

You can spend an afternoon exploring the galleries in Þjóðmenningarhúsið during your travels in Reykjavik. Discover the fascinating museums in this walkable area or seek out the local tours.

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Asgrimur Jonsson Collection

You can spend time studying the exhibits at Asgrimur Jonsson Collection during your travels in Reykjavik. Experience the fascinating museums and acclaimed theatre scene in this walkable area.

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Bæjarins Beztu Pylsur

You can enjoy retail therapy at Bæjarins Beztu Pylsur during your stay in Reykjavik.

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Austurvöllur

Learn about the local history of Reykjavik with a stop at Austurvöllur.

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Frequently asked questions

What's the area like around Rainbow Street?

Rainbow Street is located in Reykjavik. If you're looking for a convenient place to stay, take a look at the 789 hotels and other accommodation options you'll find within a mile.

How many hotels should I expect to find near Rainbow Street?

Expedia has 789 hotels and other accommodation options within a mile from Rainbow Street.

If I need to cancel the hotel reservation for my stay near Rainbow Street, will I receive a refund?

Yes, the majority of hotel bookings are fully refundable if you cancel prior to the accommodation's cancellation deadline, which often is within 24-48 hours of your scheduled arrival. If your reservation is non-refundable, you might still have the option to cancel and receive a refund within a 24-hour period of booking. Enter dates in and click on "Search", then you can filter by "fully refundable" to get the best deals near Rainbow Street.

What can I see and do near Rainbow Street?

National Museum of Iceland, Reykjavik City Museums and Reykjavík 871 +/-2 feature a variety of fascinating exhibits to see while you're in town. Grotta Lighthouse, Sundhollin and Hofdi House are landmarks that you won't want to miss. You can watch performances at Harpa, National Theatre of Iceland and Salurinn Kopavogur Concert Hall if you're interested in local theatre.

Search Hotels Near Rainbow Street, Reykjavik

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Treat yourself

Be picky

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Our top choices for Rainbow Street hotels

1. Old Charm Reykjavik Apartments

2. Black Pearl Luxury Apartments

3. Sand Hotel by Keahotels

4. Reykjavik Residence Apartment Hotel

5. Iceland Parliament Hotel, Curio Collection By Hilton

6. Hotel Reykjavik Saga

7. Freyja Guesthouse & Suites

8. Hotel Von

9. ION City Hotel, a Member of Design Hotels

10. Candlewood Suites Reykjavik by IHG

11. Alda Hotel Reykjavik

12. Odinsve Hotel Apartments

13. Vintage Apartment Hotel

14. Canopy by Hilton Reykjavik City Centre

15. Reykjavik Konsulat Hotel, Curio Collection by Hilton

16. Hotel Reykjavik Centrum

17. Hotel Borg by Keahotels

18. Guesthouse Sunna

19. The Reykjavik EDITION

20. CityHub Reykjavik

Compare popular hotels close to Rainbow Street

Top Rainbow Street Hotel Reviews

Hotel Von

Guesthouse Sunna

Alda Hotel Reykjavik

Grandi by Center Hotels

Fosshotel Reykjavik

CityHub Reykjavik

Center Hotels Arnarhvoll

Midtown Reykjavik by Heimaleiga

Hotel Reykjavik Saga

Other attractions near Rainbow Street

Skólavörðustígur

Arnarholl Statue

Reykjavík Cathedral

National Theatre of Iceland

Þjóðmenningarhúsið

Asgrimur Jonsson Collection

Bæjarins Beztu Pylsur

Austurvöllur

Frequently asked questions