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

Check prices for these dates

Tonight

Tomorrow

This weekend

Next weekend

Our top choices for Rainbow Street hotels

A modern living room with a dining table, chairs, a black entertainment unit, and a large window with curtains.

1. Kvosin Downtown Hotel

Downtown Reykjavik, 0.4 km from Rainbow Street

Jessica

Rp3.607.791 total

includes taxes & fees

17 Nov - 18 Nov

A modern living room with a sofa, a coffee table, a vase with flowers, and a lamp.

2. Black Pearl Luxury Apartments

Downtown Reykjavik, 0.6 km from Rainbow Street

Dan

Rp5.565.674 total

includes taxes & fees

1 Nov - 2 Nov

A bedroom with two beds, a small table, a chair, a lamp, and a window with curtains.

3. Old Charm Reykjavik Apartments

Downtown Reykjavik, 0.3 km from Rainbow Street

Jennifer

Rp3.760.702 total

includes taxes & fees

18 Nov - 19 Nov

A modern indoor pool area with a woman relaxing in the water, a staircase leading up to the pool, and a textured wall behind the pool.

4. Iceland Parliament Hotel, Curio Collection By Hilton

Downtown Reykjavik, 0.4 km from Rainbow Street

Olivia

Rp5.325.186 total

includes taxes & fees

23 Nov - 24 Nov

A modern lobby with a curved orange sofa, black coffee table, and potted plants.

5. Hotel Reykjavik Saga

Downtown Reykjavik, 0.3 km from Rainbow Street

Sukhwant

Rp5.437.216 total

includes taxes & fees

17 Nov - 18 Nov

A modern bedroom with a bed, pillows, a wooden accent wall, and a small plant.

6. Reykjavik Treasure

Downtown Reykjavik, 0.6 km from Rainbow Street

Deanna

Rp3.781.218 total

includes taxes & fees

1 Nov - 2 Nov

A modern living room with a grey sofa, a pink ottoman, a black coffee table, and a dining area with a round table and chairs.

7. Reykjavik Residence Apartment Hotel

Downtown Reykjavik, 0.3 km from Rainbow Street

Jenina

Rp3.965.890 total

includes taxes & fees

3 Nov - 4 Nov

8. Freyja Guesthouse & Suites

Downtown Reykjavik, 0.5 km from Rainbow Street

Sunny

Rp6.743.473 total

includes taxes & fees

2 Nov - 3 Nov

A modern reception area with wooden reception desk, black chairs, and potted plants.

9. Miðgarður by Center Hotels

Tún, 1 km from Rainbow Street

Kennedy

Rp3.686.104 total

includes taxes & fees

27 Nov - 28 Nov

A hotel entrance with a classic facade, large arched windows, and a prominent sign.

10. Apotek Hotel by Keahotels

Downtown Reykjavik, 0.3 km from Rainbow Street

Kenneth

Rp4.319.352 total

includes taxes & fees

1 Nov - 2 Nov

A modern bedroom with a large bed, a sofa, and a view of a ship through the windows.

11. Reykjavik Marina - Berjaya Iceland Hotels

Vesturbær, 0.8 km from Rainbow Street

Daniel

Rp2.869.703 total

includes taxes & fees

23 Nov - 24 Nov

A modern building with a restaurant named "Canopy" at its ground level.

12. Canopy by Hilton Reykjavik City Centre

Downtown Reykjavik, 0.2 km from Rainbow Street

Tina

Rp4.758.161 total

includes taxes & fees

30 Nov - 1 Dec

A modern building with a white facade, multiple windows, and a staircase leading to the entrance.

13. Castle House Luxury Apartments

Downtown Reykjavik, 0.3 km from Rainbow Street

thomas

Rp3.395.325 total

includes taxes & fees

1 Nov - 2 Nov

A modern spa room with a hot tub, a hanging chair, and a seating area with a sofa and coffee table.

14. Reykjavik Konsulat Hotel, Curio Collection by Hilton

Downtown Reykjavik, 0.4 km from Rainbow Street

Shannon

Rp5.452.153 total

includes taxes & fees

10 Nov - 11 Nov

15. Reykjavik4you Apartments

Downtown Reykjavik, 0.1 km from Rainbow Street

Katherine

Rp3.369.604 total

includes taxes & fees

23 Nov - 24 Nov

A modern living room with a sofa, a coffee table, and a leather chair. There is a brick wall and a large framed picture on the wall.

16. Torg Apartments

Downtown Reykjavik, 0.2 km from Rainbow Street

Susan

Rp3.358.648 total

includes taxes & fees

3 Nov - 4 Nov

A room with two leather chairs, a small round table, and a vase with yellow flowers. There are large windows with a view of trees and buildings outside.

17. Hotel Reykjavik Centrum

Downtown Reykjavik, 0.5 km from Rainbow Street

Leslie

Rp3.628.296 total

includes taxes & fees

23 Nov - 24 Nov

A modern bar area with two round tables, two plush armchairs, and a wall of illuminated planters.

18. Vintage Apartment Hotel

Downtown Reykjavik, 0.3 km from Rainbow Street

travis

Rp4.096.039 total

includes taxes & fees

3 Nov - 4 Nov

A modern outdoor seating area with a wooden bench, a wicker chair, and a glass door leading to a building.

19. ION City Hotel, a Member of Design Hotels

Downtown Reykjavik, 0.2 km from Rainbow Street

Youssef

Rp4.647.027 total

includes taxes & fees

5 Nov - 6 Nov

A hotel with multiple floors, large windows, and a prominent sign at the top.

20. Hotel Borg by Keahotels

Downtown Reykjavik, 0.3 km from Rainbow Street

David

Rp4.722.247 total

includes taxes & fees

1 Nov - 2 Nov

View all properties

Compare top hotels near Rainbow Street

Kvosin Downtown Hotel 4.0 star property Downtown Reykjavik, 0.4 km from Rainbow Street View	Black Pearl Luxury Apartments 4.5 star property Downtown Reykjavik, 0.6 km from Rainbow Street View	Old Charm Reykjavik Apartments 3.0 star property Downtown Reykjavik, 0.3 km from Rainbow Street View	Iceland Parliament Hotel, Curio Collection By Hilton 5.0 star property Downtown Reykjavik, 0.4 km from Rainbow Street View	Hotel Reykjavik Saga 4.0 star property Downtown Reykjavik, 0.3 km from Rainbow Street View
9.8 Exceptional 1,001 reviews	9.8 Exceptional 785 reviews	9.8 Exceptional 147 reviews	9.6 Exceptional 353 reviews	9.6 Exceptional 815 reviews
The price is Rp3.142.916 Rp3.607.791 total includes taxes & fees 17 Nov - 18 Nov	The price is Rp4.906.775 Rp5.565.674 total includes taxes & fees 1 Nov - 2 Nov	The price is Rp3.280.674 Rp3.760.702 total includes taxes & fees 18 Nov - 19 Nov	The price is Rp4.689.808 Rp5.325.186 total includes taxes & fees 23 Nov - 24 Nov	The price is Rp4.790.725 Rp5.437.216 total includes taxes & fees 17 Nov - 18 Nov
No Breakfast included No Pool No Spa No Pet-friendly Yes, WiFi included No Parking	No Breakfast included No Pool No Spa No Pet-friendly Yes, WiFi included Yes, Parking	No Breakfast included No Pool No Spa No Pet-friendly Yes, WiFi included Yes, Parking	No Breakfast included No Pool Yes, Spa No Pet-friendly Yes, WiFi included No Parking	No Breakfast included No Pool Yes, Spa Yes, Pet-friendly Yes, WiFi included No Parking

Top Rainbow Street Hotel Reviews

Center Hotels Arnarhvoll

10/10 Excellent

"A really great hotel, wonderful location for any of the excursions as right opposite the bus stop. Wonderful views from the Seaview room so we’re spending the extra few pennies."

Reykjavik Marina - Berjaya Iceland Hotels

10/10 Excellent

"Great hotel, good location, but be sure you know the entrance faces the harbour not the road. Two happy 'hours' in the bar was a bonus. I'd advise getting the breakfast, it's good value and there are lots of options available. We even managed to see the Northern Lights from our hotel room balcony."

Reykjavik Residence Apartment Hotel

10/10 Excellent

"Lovely clean room, excellent and efficient system, lovely staff, ideal location. Breakfast basket was brought the evening before. If you prefer fresh coffee and pastry, I would recommend not booking breakfast and heading out to local cafes instead. Other than that we had a perfect stay. Couldn't ask for more."

CityHub Reykjavik

8/10 Good

"This accommodation was nice, the rooms were clean and the staff were very nice. I never had to wait for a toilet or shower, and it was nice to have a hot tub - I had it alone for an entire hour. There isn’t any parking, but it is near a parking garage. It’s also near a Bonus grocery store and the main kitchen in the lobby has a few nice touches to help you prep some food (kettle, fridge, microwave, drinks, etc). The only complaint I have is that it’s advertised as soundproof pods, but I feel like the people near me were still so loud it wasn’t actually soundproof. The doors shutting in surrounding pods would wake me up (I don’t even consider myself super sensitive to noises while sleeping either). I was on the bottom bunk and at times it felt like the person above me was genuinely throwing stuff around/stomping. Not too sure if it was just my neighbours, I didn’t have this issue the first night (or two?), but feel like it’s worth noting as it progressively became more noticeable throughout my stay with subsequent nights."

Other attractions near Rainbow Street

A church with a tall tower and a statue in front.

Skólavörðustígur

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

See properties

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 780 hotels and other accommodation options you'll find within a mile.

What's the best place to stay close to Rainbow Street?

Adjacent to Rainbow Street, CityHub Reykjavik is one of the top choices for your stay based on our traveller data, and this hotel offers free WiFi and a 24-hour front desk. Other good choices close by include Fosshotel Reykjavik and The Reykjavik EDITION.

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

Expedia has 780 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, Reykjavík Maritime Museum and Aurora Reykjavík Northern Lights Center feature a variety of fascinating exhibits to see while you're in town. Reykjavik City Museums, Grotta Lighthouse and Sundhollin 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

Change your mind

Treat yourself

Be picky

Check prices for these dates

Filter by

Property class

Guest rating

Our top choices for Rainbow Street hotels

1. Kvosin Downtown Hotel

2. Black Pearl Luxury Apartments

3. Old Charm Reykjavik Apartments

4. Iceland Parliament Hotel, Curio Collection By Hilton

5. Hotel Reykjavik Saga

6. Reykjavik Treasure

7. Reykjavik Residence Apartment Hotel

8. Freyja Guesthouse & Suites

9. Miðgarður by Center Hotels

10. Apotek Hotel by Keahotels

11. Reykjavik Marina - Berjaya Iceland Hotels

12. Canopy by Hilton Reykjavik City Centre

13. Castle House Luxury Apartments

14. Reykjavik Konsulat Hotel, Curio Collection by Hilton

15. Reykjavik4you Apartments

16. Torg Apartments

17. Hotel Reykjavik Centrum

18. Vintage Apartment Hotel

19. ION City Hotel, a Member of Design Hotels

20. Hotel Borg by Keahotels

Compare top hotels near Rainbow Street

Kvosin Downtown Hotel

Black Pearl Luxury Apartments

Old Charm Reykjavik Apartments

Iceland Parliament Hotel, Curio Collection By Hilton

Hotel Reykjavik Saga

Top Rainbow Street Hotel Reviews

Center Hotels Arnarhvoll

Other attractions near Rainbow Street

Skólavörðustígur

Frequently asked questions