Top 10 Hotels Near Rainbow Street in Reykjavik for 2026

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Our top choices for Rainbow Street hotels

A cozy reading area with a bookshelf, chairs, and a coffee machine.

1. Kvosin Downtown Hotel

Downtown Reykjavik, 0.4 km from Rainbow Street

Jessica

P12,545 total

includes taxes & fees

Nov 17 - Nov 18

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

P19,286 total

includes taxes & fees

Nov 9 - Nov 10

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

P13,199 total

includes taxes & fees

Nov 18 - Nov 19

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

4. Reykjavik Konsulat Hotel, Curio Collection by Hilton

Downtown Reykjavik, 0.4 km from Rainbow Street

Shannon

P19,065 total

includes taxes & fees

Nov 10 - Nov 11

A restaurant with indoor seating, hanging wicker lamps, and a view of the city through large windows.

5. Hotel Reykjavik Saga

Downtown Reykjavik, 0.3 km from Rainbow Street

Sukhwant

P19,013 total

includes taxes & fees

Nov 17 - Nov 18

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.

6. Reykjavik Residence Apartment Hotel

Downtown Reykjavik, 0.3 km from Rainbow Street

Jenina

P15,142 total

includes taxes & fees

Nov 23 - Nov 24

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

7. Reykjavik Treasure

Downtown Reykjavik, 0.6 km from Rainbow Street

Deanna

P11,714 total

includes taxes & fees

Oct 28 - Oct 29

8. Freyja Guesthouse & Suites

Downtown Reykjavik, 0.5 km from Rainbow Street

Sunny

P26,357 total

includes taxes & fees

Nov 2 - Nov 3

A buffet setup with various food items and a bottle of wine on a counter.

9. Hotel Local 101

Vesturbær, 0.7 km from Rainbow Street

Michaela

P8,774 total

includes taxes & fees

Nov 18 - Nov 19

A hot tub with wooden railings, surrounded by lanterns and a scenic mural.

10. Alda Hotel Reykjavik

Downtown Reykjavik, 0.6 km from Rainbow Street

joanne

P10,422 total

includes taxes & fees

Nov 9 - Nov 10

A modern hotel room with a bed, a desk, a flat-screen TV, and a hallway leading to a bathroom.

11. Sand Hotel by Keahotels

Downtown Reykjavik, 0.3 km from Rainbow Street

Ruth Anne

P15,768 total

includes taxes & fees

Nov 1 - Nov 2

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

P15,957 total

includes taxes & fees

Nov 2 - Nov 3

A bar area with multiple shelves of bottles and glasses, bar stools, and a bar counter.

13. ION City Hotel, a Member of Design Hotels

Downtown Reykjavik, 0.2 km from Rainbow Street

Ingrid

P16,250 total

includes taxes & fees

Oct 27 - Oct 28

A bar area with a modern design, featuring a long counter with bar stools, a variety of bottles, and a unique ceiling light fixture.

14. Iceland Parliament Hotel, Curio Collection By Hilton

Downtown Reykjavik, 0.4 km from Rainbow Street

Olivia

P18,621 total

includes taxes & fees

Nov 18 - Nov 19

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

15. Castle House Luxury Apartments

Downtown Reykjavik, 0.3 km from Rainbow Street

thomas

P11,683 total

includes taxes & fees

Oct 30 - Oct 31

A balcony with wooden furniture, a round table, and a view of a harbor with boats and mountains in the background.

16. The Reykjavik EDITION

Downtown Reykjavik, 0.5 km from Rainbow Street

Shannon

P29,538 total

includes taxes & fees

Nov 23 - Nov 24

A restaurant with tables set for dining, potted plants, and hanging plants.

17. Torg Apartments

Downtown Reykjavik, 0.2 km from Rainbow Street

Susan

P12,556 total

includes taxes & fees

Nov 1 - Nov 2

A hotel reception area with a green wall and a reception desk.

18. Hotel Reykjavik Centrum

Downtown Reykjavik, 0.5 km from Rainbow Street

Leslie

P14,050 total

includes taxes & fees

Nov 23 - Nov 24

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

19. Vintage Apartment Hotel

Downtown Reykjavik, 0.3 km from Rainbow Street

travis

P14,184 total

includes taxes & fees

Nov 3 - Nov 4

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

20. Reykjavik Marina - Berjaya Iceland Hotels

Vesturbær, 0.8 km from Rainbow Street

Christine

P9,083 total

includes taxes & fees

Oct 28 - Oct 29

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	Reykjavik Konsulat 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 1,003 reviews	9.8 Exceptional 785 reviews	9.8 Exceptional 147 reviews	9.6 Exceptional 403 reviews	9.6 Exceptional 811 reviews
The price is P10,925 P12,545 total includes taxes & fees Nov 17 - Nov 18	The price is P16,932 P19,286 total includes taxes & fees Nov 9 - Nov 10	The price is P11,514 P13,199 total includes taxes & fees Nov 18 - Nov 19	The price is P16,799 P19,065 total includes taxes & fees Nov 10 - Nov 11	The price is P16,752 P19,013 total includes taxes & fees Nov 17 - Nov 18
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

Miðgarður by Center Hotels

10/10 Excellent

"Walking distance to very good restaurants, convenience stores, etc. Parking available at the back on a first come serve bases. Happy marriage pastry bars were on the breakfast buffet—-sooo good! All the employees were so helpful and polite. Hope to come back again one day."

Fosshotel Reykjavik

8/10 Good

"We loved the hotel. Great location. Only 1 drawback was the tiny shower in our room It felt like the size you would get on a cruise ship The staff was excellent. We would stay here again I booked through Expedia and the hotel messaged me before our trip The communication was seamless from our room, restaurants and places to see"

Center Hotels Plaza

10/10 Excellent

"Lovely hotel. We arrived on a Saturday and were pleasantly surprised that our room was ready a couple of hours before check-in, which was greatly appreciated after traveling. We stayed in Room 808 (an executive room,) which was clean, comfortable, and appeared to have been refreshed recently. One unique feature was the shared balcony on the 8th floor, where we were lucky enough to see the Northern Lights one evening. Access is through a door outside the guest rooms rather than directly from the room itself, which we actually preferred. Some rooms do have direct balcony access, so if you use the shared space, just be mindful of noise and avoid standing directly in front of other guests' doors. The breakfast was quite good. There was a nice selection of coffee and tea, eggs, bacon, sausage, skyr, fresh fruit, assorted breads, and pastries, which gave us plenty of options before heading out for the day. The only issue we encountered was that a couple of days into our stay I noticed I had been charged the full cost of the room on my credit card even though I had prepaid through Hotels.com. When I mentioned it at the front desk, the staff quickly looked into it and processed a refund right away. Overall, we had a very pleasant stay. The room was clean, the staff was helpful, the breakfast was good, and the early check-in was a wonderful surprise. I'd happily stay here again and would recommend it to others visiting Iceland."

Center Hotels Arnarhvoll

10/10 Excellent

"I stayed at the Center Hotel for a week. The staff and services were great, and the Sky Bar and Spa are totally worth trying out. It is very close to the Harpa Center, the ocean and a walkable distance to all the cool spots in the city. I would highly recommend choosing the Center Hotel for your next stay in Iceland."

Other attractions near Rainbow Street

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

Skólavörðustígur

You can do some window-shopping at Skólavörðustígur during your visit 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, check out the 780 hotels and other accommodations you'll find within a mile.

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

Adjacent to Rainbow Street, CityHub Reykjavik is one of the top choices for your stay based on our traveler 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 can I expect to find near Rainbow Street?

Expedia has 780 hotels and other accommodations 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! You'll find that most room reservations are refundable if you cancel before the hotel's cancellation deadline, which is usually within 24-48 hours of your arrival date. If your reservation is non-refundable, you might still have the option to cancel and receive a refund within 24 hours of booking. Enter your dates, click on "Search", then you can filter by "fully refundable" to review top deals close to 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 theater.

Hotels near Rainbow Street

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Our top choices for Rainbow Street hotels

1. Kvosin Downtown Hotel

2. Black Pearl Luxury Apartments

3. Old Charm Reykjavik Apartments

4. Reykjavik Konsulat Hotel, Curio Collection by Hilton

5. Hotel Reykjavik Saga

6. Reykjavik Residence Apartment Hotel

7. Reykjavik Treasure

8. Freyja Guesthouse & Suites

9. Hotel Local 101

10. Alda Hotel Reykjavik

11. Sand Hotel by Keahotels

12. Canopy by Hilton Reykjavik City Centre

13. ION City Hotel, a Member of Design Hotels

14. Iceland Parliament Hotel, Curio Collection By Hilton

15. Castle House Luxury Apartments

16. The Reykjavik EDITION

17. Torg Apartments

18. Hotel Reykjavik Centrum

19. Vintage Apartment Hotel

20. Reykjavik Marina - Berjaya Iceland Hotels

Compare top hotels near Rainbow Street

Kvosin Downtown Hotel

Black Pearl Luxury Apartments

Old Charm Reykjavik Apartments

Reykjavik Konsulat Hotel, Curio Collection by Hilton

Hotel Reykjavik Saga

Top Rainbow Street Hotel Reviews

Miðgarður by Center Hotels

Other attractions near Rainbow Street

Skólavörðustígur

Frequently asked questions