The Best Hotels Closest to Rainbow Street in Reykjavik for 2026

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Our top choices for Rainbow Street hotels

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

A living room with a grey sofa, a glass coffee table, a red patterned armchair, and a blue wall.

A house with a front door, a staircase, and a snow-covered ground.

A modern living room with a sofa, a round coffee table, a floor lamp, and potted plants.

1. Reykjavik Treasure

Downtown Reykjavik, 0.6 km from Rainbow Street

Christopher

NT$8,429

NT$9,566 total

includes taxes & fees

Oct 5 - Oct 6

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

A modern bedroom with a large bed, a wooden accent wall, a nightstand with a lamp, and a view through floor-to-ceiling windows.

A modern kitchen with a central island, stainless steel appliances, and large windows with blinds.

A modern kitchen with a central island, stainless steel appliances, and a dining area with chairs.

2. Black Pearl Luxury Apartments

Downtown Reykjavik, 0.6 km from Rainbow Street

Mitchell

NT$10,506

NT$11,870 total

includes taxes & fees

Oct 14 - Oct 15

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

A modern loft with a dining area featuring a round table and red velvet chairs, a living room with a grey sofa, and a large TV mounted on the wall.

A modern interior with large windows offering a city view, a staircase with black railings, and a patterned carpet.

A kitchen counter with various food items and utensils.

3. Sand Hotel by Keahotels

Downtown Reykjavik, 0.3 km from Rainbow Street

Jill

NT$7,779

NT$8,844 total

includes taxes & fees

Oct 12 - Oct 13

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.

A kitchen with dark cabinets, a countertop with a basket of fruits, and a paper bag.

A modern kitchen with a built-in coffee machine, a sink, and a dishwasher.

A dining area with a wooden table and black chairs, a modern pendant light, and a kitchen with black cabinets and a white dishwasher.

4. Reykjavik Residence Apartment Hotel

Downtown Reykjavik, 0.3 km from Rainbow Street

Yaritza

NT$7,730

NT$8,788 total

includes taxes & fees

Oct 18 - Oct 19

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

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

A modern hotel room with a large bed, two white sinks, a dark vanity, and a large mirror.

A modern interior with leather seating, a bar area, and large windows.

5. Hotel Reykjavik Saga

Downtown Reykjavik, 0.3 km from Rainbow Street

JASON

NT$10,002

NT$11,311 total

includes taxes & fees

Oct 17 - Oct 18

A bar area with a counter, seating, and a display of bottles.

A hotel with a classic European architectural style, featuring a central courtyard and a view of a lake.

A bedroom with a bed, a bedside lamp, and a window leading to a balcony.

A modern living room with a dining area, featuring a dark blue curtain, a black standing lamp, a shelf with books and a vase of flowers, and a wooden floor.

6. Kvosin Downtown Hotel

Downtown Reykjavik, 0.4 km from Rainbow Street

Holly

NT$8,954

NT$10,149 total

includes taxes & fees

Oct 6 - Oct 7

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

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.

A modern interior with a glass railing, a staircase, and a sign that reads "Connect At the Door of Demo".

A spacious lobby with a modern design, featuring a geometric ceiling, large circular lights, and a central seating area with sofas and a coffee table.

7. Iceland Parliament Hotel, Curio Collection By Hilton

Downtown Reykjavik, 0.4 km from Rainbow Street

Craig

NT$9,064

NT$10,271 total

includes taxes & fees

Oct 14 - Oct 15

A modern indoor pool with a concrete interior, two potted plants, and a staircase leading to a higher level.

A modern interior with a reception desk labeled "GYM&SPA" and a wooden floor.

A modern bar with wooden accents, a well-stocked liquor shelf, and a seating area with tables and chairs.

A staircase leading to a rooftop garden with a water feature and a view of the cityscape.

8. Miðgarður by Center Hotels

Tún, 1 km from Rainbow Street

Thomas

NT$8,166

NT$9,273 total

includes taxes & fees

Oct 11 - Oct 12

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

A modern hotel room with a bed, a desk with a chair, a small armchair, a standing lamp, and a view of buildings and mountains through large windows.

A staircase with a patterned wall and metal railings.

A hotel room with a bed, a desk with a chair, a small table, and a TV.

9. Canopy by Hilton Reykjavik City Centre

Downtown Reykjavik, 0.2 km from Rainbow Street

Seth

NT$9,869

NT$11,166 total

includes taxes & fees

Oct 11 - Oct 12

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

A garden pathway with wooden lattice fencing, a bench, and a small tree with pink blossoms.

A bedroom with a bed, bedside lamps, a chair, a small table, and a door.

A wooden deck with a bench, potted plants, and a lattice screen.

10. Castle House Luxury Apartments

Downtown Reykjavik, 0.3 km from Rainbow Street

Leonard

NT$4,238

NT$6,856 total

includes taxes & fees

Oct 18 - Oct 19

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

A restaurant with a large mural of tropical leaves, cushioned seating, and round tables.

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

A modern loft bedroom with a sloped ceiling, a large bed, a dining area with a table and chairs, and a black leather sofa.

11. Vintage Apartment Hotel

Downtown Reykjavik, 0.3 km from Rainbow Street

travis

NT$6,837

NT$9,638 total

includes taxes & fees

Oct 13 - Oct 14

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

A spacious room with a long table and chairs, a red chair, and a bookshelf with various items.

A modern library with bookshelves, a leather sofa, a wooden table, and comfortable seating.

A modern library with bookshelves, leather furniture, and a mix of seating areas.

12. Reykjavik Marina - Berjaya Iceland Hotels

Vesturbær, 0.8 km from Rainbow Street

Sarah

NT$5,841

NT$6,692 total

includes taxes & fees

Oct 18 - Oct 19

A lobby with arched windows, a chandelier, and a painting on the wall.

A hotel room with a bed, a desk with a chair, a TV, and a large window with curtains.

A white building with a large entrance, arched windows, and a sign that reads "HOTEL BORG".

A spa area with a row of massage tables, a tiled floor, and a wall with a textured pattern.

13. Hotel Borg by Keahotels

Downtown Reykjavik, 0.3 km from Rainbow Street

Sandra

NT$7,971

NT$9,057 total

includes taxes & fees

Oct 18 - Oct 19

A hot tub with two people in it, surrounded by wooden decking and plants.

A modern interior with a yellow sofa, white round tables, and pendant lighting.

A modern building with a 'City Hub' sign, large windows, and a neon geometric design.

14. CityHub Reykjavik

Downtown Reykjavik, 0.3 km from Rainbow Street

Zahra

NT$3,384

NT$3,965 total

includes taxes & fees

Oct 18 - Oct 19

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

A modern lobby with a seating area, a staircase, and an elevator.

A modern interior with a brick wall, a wood-burning stove, and a dining area with tables and chairs.

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.

15. Hotel Reykjavik Centrum

Downtown Reykjavik, 0.5 km from Rainbow Street

SVETLANA

NT$7,648

NT$8,699 total

includes taxes & fees

Oct 18 - Oct 19

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

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.

A bedroom with a tufted headboard, a bed with white linens, a nightstand with a lamp, and a wooden wardrobe.

A hotel with a modern facade, multiple windows, and a visible entrance.

16. Odinsve Hotel Apartments

Downtown Reykjavik, 0.2 km from Rainbow Street

Elaine

NT$7,608

NT$8,653 total

includes taxes & fees

Oct 18 - Oct 19

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

A buffet with various food items and a coffee station.

A modern living room with a fireplace, comfortable seating, a bookshelf, and a bar area.

A modern building with large windows and a curved facade, located on a street with other buildings.

17. Reykjavik Konsulat Hotel, Curio Collection by Hilton

Downtown Reykjavik, 0.4 km from Rainbow Street

Shannon

NT$10,010

NT$11,322 total

includes taxes & fees

Oct 14 - Oct 15

A restaurant with wooden flooring, a bar area with bottles, and a view of the street.

A hotel room with a large bed, a TV, and a view of an outdoor seating area through a window.

A wine cellar with wooden shelves and a bench.

A modern interior with a large window, a potted plant, and leather seating.

18. Hotel Von

Downtown Reykjavik, 0.5 km from Rainbow Street

Colleen

NT$6,234

NT$7,129 total

includes taxes & fees

Oct 14 - Oct 15

A modern dining area with white tables and chairs, a counter with breakfast items, and a grey cushioned seating area.

A hotel reception area with a wooden reception desk, a closed door, and a view into a dining area with white tables and chairs.

A modern living room with a sofa, a wooden coffee table, a TV, and a dining table set for two.

A hotel room with two beds, a bedside table with a lamp, a small shelf, and a window with a view of buildings.

19. Guesthouse Sunna

Downtown Reykjavik, 0.4 km from Rainbow Street

Michael

NT$5,097

NT$5,867 total

includes taxes & fees

Oct 18 - Oct 19

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

A modern bar with a long counter, multiple shelves of bottles, and several bar stools.

A modern dining area with a large table and chairs, a view of a cityscape at dusk, and a cozy seating area with a sofa and a coffee table.

A modern outdoor seating area with plush chairs and tables, overlooking a body of water and mountains.

20. The Reykjavik EDITION

Downtown Reykjavik, 0.5 km from Rainbow Street

Silvia

NT$15,202

NT$18,912 total

includes taxes & fees

Oct 14 - Oct 15

View all properties

Compare popular hotels close to Rainbow Street

Property	Property class	Guest rating
Reykjavik Treasure	9.8 Exceptional 246 reviews	View
Black Pearl Luxury Apartments	9.8 Exceptional 769 reviews	View
Sand Hotel by Keahotels	9.6 Exceptional 1,001 reviews	View
Reykjavik Residence Apartment Hotel	9.6 Exceptional 3,433 reviews	View
Hotel Reykjavik Saga	9.6 Exceptional 765 reviews	View

Top Rainbow Street Hotel Reviews

Grandi by Center Hotels

10/10 Excellent

"Easy check in and out. I was just there for one night so don’t have a lot more"

Hotel Fron

10/10 Excellent

"The breakfast was excellent!"

KEX Hotel and Hostel Reykjavik

8/10 Good

"Room was cute, clean, and well maintained. The bathrooms and showers were fairly clean. Bring shower shoes to have peace of mind when using the facilities to shower."

Sand Hotel by Keahotels

10/10 Excellent

"Situation"

Center Hotels Arnarhvoll

10/10 Excellent

"Staff very helpful"

Hotel Odinsve

10/10 Excellent

"Very clean room, friendly staff, walkable to shops and restaurants. On-site breakfast buffet perfect start to the day. Highly recommend."

Hotel Von

8/10 Good

"Small room. Could have left more tea bags (only left two/day), no sugar or creamer. No coffee. Bathroom floor gets soaked when showering therefore quite slippery. Hallway leading to room very dark, minimal lighting. Room a bit hot had to open window which only helped a little."

Hotel Reykjavík Grand

10/10 Excellent

"Grand is a lovely hotel on the east side. It was walking distance to the busy shopping district, Harbour area and city center Be aware there may some traffic noise if you're facing the road on the lower floors. The food is wonderful; the food and staff are wonderful. The only thing that would've made our stay better would've been having breakfast included. We would stay again."

Alda Hotel Reykjavik

10/10 Excellent

"We were traveling without a car and loved the location! Very walkable and the staff was so pleasant."

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 do some window-shopping at Skólavörðustígur during your visit 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)

This humble church is Reykjavík’s oldest. It holds great historical importance as both the center of Iceland’s Lutheran faith and the birthplace of independence.

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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 stay in Reykjavik. Discover the great live music and shops in this culturally rich area.

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Þjóðmenningarhúsið

You can spend an afternoon browsing the exhibits at Þjóðmenningarhúsið 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 exploring the galleries in Asgrimur Jonsson Collection during your travels in Reykjavik. Experience the fascinating museums and acclaimed theater scene in this walkable area.

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Bæjarins Beztu Pylsur

You can browse for the perfect souvenirs at Bæjarins Beztu Pylsur during your visit to Reykjavik.

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Austurvöllur

Learn about the local history of Reykjavik when you spend time 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, 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 Reykjavik City Museums 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 theater.

Find hotels near Rainbow Street, Reykjavik from NT$3,965

Change your mind

Treat yourself

Be picky

Check prices for these dates

Filter by

Star rating

Guest rating

Our top choices for Rainbow Street hotels

1. Reykjavik Treasure

2. Black Pearl Luxury Apartments

3. Sand Hotel by Keahotels

4. Reykjavik Residence Apartment Hotel

5. Hotel Reykjavik Saga

6. Kvosin Downtown Hotel

7. Iceland Parliament Hotel, Curio Collection By Hilton

8. Miðgarður by Center Hotels

9. Canopy by Hilton Reykjavik City Centre

10. Castle House Luxury Apartments

11. Vintage Apartment Hotel

12. Reykjavik Marina - Berjaya Iceland Hotels

13. Hotel Borg by Keahotels

14. CityHub Reykjavik

15. Hotel Reykjavik Centrum

16. Odinsve Hotel Apartments

17. Reykjavik Konsulat Hotel, Curio Collection by Hilton

18. Hotel Von

19. Guesthouse Sunna

20. The Reykjavik EDITION

Compare popular hotels close to Rainbow Street

Top Rainbow Street Hotel Reviews

Grandi by Center Hotels

Hotel Fron

KEX Hotel and Hostel Reykjavik

Sand Hotel by Keahotels

Center Hotels Arnarhvoll

Hotel Odinsve

Hotel Von

Hotel Reykjavík Grand

Alda Hotel Reykjavik

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