The Best Hotels Closest to Rainbow Street in Reykjavik for 2026

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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

NT$6,423 total

includes taxes & fees

Nov 11 - Nov 12

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

NT$9,913 total

includes taxes & fees

Nov 1 - Nov 2

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

NT$6,698 total

includes taxes & fees

Nov 18 - Nov 19

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

NT$9,493 total

includes taxes & fees

Nov 26 - Nov 27

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

5. Reykjavik Treasure

Downtown Reykjavik, 0.6 km from Rainbow Street

Deanna

NT$6,228 total

includes taxes & fees

Oct 31 - Nov 1

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

6. Hotel Reykjavik Saga

Downtown Reykjavik, 0.3 km from Rainbow Street

Sukhwant

NT$9,756 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.

7. Reykjavik Residence Apartment Hotel

Downtown Reykjavik, 0.3 km from Rainbow Street

Jenina

NT$7,064 total

includes taxes & fees

Nov 3 - Nov 4

8. Freyja Guesthouse & Suites

Downtown Reykjavik, 0.5 km from Rainbow Street

Sunny

NT$12,854 total

includes taxes & fees

Nov 2 - Nov 3

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

9. Reykjavik Marina - Berjaya Iceland Hotels

Vesturbær, 0.8 km from Rainbow Street

Daniel

NT$5,120 total

includes taxes & fees

Oct 31 - Nov 1

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

NT$7,694 total

includes taxes & fees

Nov 1 - Nov 2

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

11. Canopy by Hilton Reykjavik City Centre

Downtown Reykjavik, 0.2 km from Rainbow Street

Tina

NT$8,136 total

includes taxes & fees

Nov 25 - Nov 26

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

12. Castle House Luxury Apartments

Downtown Reykjavik, 0.3 km from Rainbow Street

thomas

NT$6,048 total

includes taxes & fees

Nov 1 - Nov 2

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.

13. Torg Apartments

Downtown Reykjavik, 0.2 km from Rainbow Street

Susan

NT$5,982 total

includes taxes & fees

Nov 1 - Nov 2

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

NT$9,782 total

includes taxes & fees

Nov 10 - Nov 11

15. Reykjavik4you Apartments

Downtown Reykjavik, 0.1 km from Rainbow Street

Katherine

NT$6,002 total

includes taxes & fees

Nov 23 - Nov 24

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.

16. Hotel Reykjavik Centrum

Downtown Reykjavik, 0.5 km from Rainbow Street

Leslie

NT$6,510 total

includes taxes & fees

Nov 23 - Nov 24

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

17. ION City Hotel, a Member of Design Hotels

Downtown Reykjavik, 0.2 km from Rainbow Street

Youssef

NT$8,284 total

includes taxes & fees

Nov 5 - Nov 6

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

NT$7,415 total

includes taxes & fees

Nov 30 - Dec 1

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

19. The Reykjavik EDITION

Downtown Reykjavik, 0.5 km from Rainbow Street

Shannon

NT$14,658 total

includes taxes & fees

Nov 23 - Nov 24

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

NT$8,411 total

includes taxes & fees

Nov 1 - Nov 2

View all properties

Compare popular hotels close to Rainbow Street

Property	Property class	Guest rating
Kvosin Downtown Hotel	4.0 star property	9.8 Exceptional 1,000 reviews	View
Black Pearl Luxury Apartments	4.5 star property	9.8 Exceptional 785 reviews	View
Old Charm Reykjavik Apartments	3.0 star property	9.8 Exceptional 147 reviews	View
Iceland Parliament Hotel, Curio Collection By Hilton	5.0 star property	9.6 Exceptional 353 reviews	View
Reykjavik Treasure	3.0 star property	9.6 Exceptional 258 reviews	View

Hotels recommended for families near Rainbow Street

A modern interior with a leather sofa, a glass coffee table, and a unique wall art piece.

Þingholt by Center Hotels

Downtown Reykjavik

NT$6,960 total

includes taxes & fees

Nov 22 - Nov 23

Top Rainbow Street Hotel Reviews

Sand Hotel by Keahotels

10/10 Excellent

"Sweet property right in town. Very limited amenities."

Exeter Hotel

10/10 Excellent

"We stayed here for 8 total days, and it was all around a great experience. The breakfast was among the best I've had at hotels, and we frequented Le Kock restaurant and bar over the week. It's a quick walk from many other restaurants and shops, and it's across the street from Bus Stop 4 and a doable walk from Bus Stop 5. The staff was very helpful, and we loved the easy locking lockers where we stored our luggage after check out but before we left the area. We were also able to get early check in for about 80 euros, which is of course based on availability and not guaranteed. We stayed in early October, which is not in a high demand tourist season, so your experience may vary."

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."

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.

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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, 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.

Where can I learn more about changing or cancelling my trip in the area near Rainbow Street?

To access more information about picking new dates or cancelling your stay near Rainbow Street, head over to our customer service page.

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.

Find hotels near Rainbow Street, Reykjavik from NT$5,120

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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. Iceland Parliament Hotel, Curio Collection By Hilton

5. Reykjavik Treasure

6. Hotel Reykjavik Saga

7. Reykjavik Residence Apartment Hotel

8. Freyja Guesthouse & Suites

9. Reykjavik Marina - Berjaya Iceland Hotels

10. Apotek Hotel by Keahotels

11. Canopy by Hilton Reykjavik City Centre

12. Castle House Luxury Apartments

13. Torg Apartments

14. Reykjavik Konsulat Hotel, Curio Collection by Hilton

15. Reykjavik4you Apartments

16. Hotel Reykjavik Centrum

17. ION City Hotel, a Member of Design Hotels

18. Vintage Apartment Hotel

19. The Reykjavik EDITION

20. Hotel Borg by Keahotels

Compare popular hotels close to Rainbow Street

Hotels recommended for families near Rainbow Street

Þingholt by Center Hotels

Top Rainbow Street Hotel Reviews

Sand Hotel by Keahotels

Other attractions near Rainbow Street

Skólavörðustígur

Frequently asked questions