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Reykjavík Rainbow Guesthouse

3.5 star property
Guesthouse in Reykjavik, steps from Laugavegur
VIP Access

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Photo gallery for Reykjavík Rainbow Guesthouse

Hallway
Staircase
Single Room (Shared Bathroom and Kitchen) | Premium bedding, down comforters, pillowtop beds, individually decorated
Hallway
Single Room, Balcony (Shared Bathroom and Kitchen) | Premium bedding, down comforters, pillowtop beds, individually decorated

Reviews

9.4 out of 10
Exceptional

Popular amenities

  • Free WiFi
  • Kitchen

Explore the area

View in a map
Amtmannsstígur 5a, Reykjavik, 101
  • Place, Laugavegur
    ‪1 min walk‬
  • Place, Reykjavik City Hall
    ‪4 min walk‬
  • Place, Harpa
    ‪6 min walk‬
  • Airport, Reykjavik (RKV-Reykjavik Domestic)
    ‪5 min drive‬
VIP Access
Curated for quality and service, VIP Access stays consistently receive our highest guest ratings.
  • Expect exceptional service
  • Extra savings and perks for Rewards members
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Room options

View all photos for Double Room (Shared Bathroom and Kitchen)

Double Room (Shared Bathroom and Kitchen) | Premium bedding, down comforters, pillowtop beds, individually decorated

Double Room (Shared Bathroom and Kitchen)

10.0 out of 10
Exceptional
(2 reviews)
  • 162 sq ft
  • City view
  • Sleeps 2
  • 1 King Bed

View all photos for Single Room (Shared Bathroom and Kitchen)

Single Room (Shared Bathroom and Kitchen) | Premium bedding, down comforters, pillowtop beds, individually decorated

Single Room (Shared Bathroom and Kitchen)

  • 86 sq ft
  • City view
  • Sleeps 1
  • 1 Twin Bed

View all photos for Single Room, Balcony (Shared Bathroom and Kitchen)

Single Room, Balcony (Shared Bathroom and Kitchen) | Premium bedding, down comforters, pillowtop beds, individually decorated

Single Room, Balcony (Shared Bathroom and Kitchen)

8.0 out of 10
Very good
(1 review)
  • 86 sq ft
  • Sleeps 1
  • 1 Twin Bed

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About the neighborhood

Reykjavik

Located in Downtown Reykjavik, Reykjavík Rainbow Guesthouse is adjacent to Laugavegur and within a 10-minute walk of other popular attractions like Reykjavik Harbour. This 7-room, 3.5-star guesthouse welcomes guests with in-room amenities like dining areas, refrigerators, and espresso makers.
View more Guest Houses in ReykjavikOpens in a new window

What's nearby

  • Laugavegur - 1 min walk - 0.1 miles
  • Reykjavík Cathedral - 3 min walk - 0.2 miles
  • Reykjavik City Hall - 4 min walk - 0.3 miles
  • Harpa - 6 min walk - 0.4 miles
  • Hallgrimskirkja - 9 min walk - 0.5 miles

Getting around

  • Reykjavik Domestic Airport (RKV) - 7 min drive

Restaurants

  • ‪BakaBaka - ‬2 min walk
  • ‪Ægir Bar Taproom - ‬2 min walk
  • ‪Reykjavik Fish - ‬2 min walk
  • ‪Hard Rock Cafe Reykjavik - ‬2 min walk
  • ‪Messinn - ‬2 min walk

About this property

Reykjavík Rainbow Guesthouse

Guesthouse in Reykjavik, steps from Laugavegur
Dating back to 1930, Reykjavík Rainbow Guesthouse features free WiFi in public areas and refrigerator in a common area.
Guests can stay connected with free WiFi. Pillowtop beds sport premium bedding and down comforters, and bathrooms offer rainfall showers, hair dryers, and free toiletries. Other amenities include 2 bathrooms, dining areas, and refrigerators. Bathrooms are shared; change of towels is available on request.

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Property amenities

Internet

  • Available in all rooms: Free WiFi
  • In-room WiFi speed: 500+ Mbps (good for 6+ people or 10+ devices)
  • Available in some public areas: Free WiFi

Parking and transportation

  • No onsite parking available

Family friendly

  • High chair
  • In-room crib
  • In-room full-sized refrigerator/freezer
  • Separate in-room dining area

Conveniences

  • Shared refrigerator
  • Virtual front desk

Guest services

  • Change of towels on request

Accessibility

  • If you have requests for specific accessibility needs, please contact the property using the information on the reservation confirmation received after booking.
  • Hardwood flooring in public areas
  • Hardwood flooring in room
  • No elevator
  • Well-lit path to entrance

More

  • 2 floors
  • Built in 1930
  • Renovated entire property - August 2023
  • Smoking not allowed

Room amenities

Bedroom

  • Down comforter
  • Free crib
  • Pillowtop mattress
  • Premium bedding

Bathroom

  • 2 shared bathrooms
  • Free toiletries
  • Hair dryer
  • Rainfall showerhead
  • Shampoo
  • Shower
  • Soap
  • Toilet paper
  • Towels provided

Food and drink

  • Cookware, dishware, and utensils
  • Dishwasher
  • Electric kettle
  • Espresso maker
  • Full-sized refrigerator/freezer
  • Oven
  • Paper towels
  • Separate dining area
  • Shared kitchen access
  • Stovetop
  • Toaster

More

  • Heating
  • Individual decor
  • Individual furnishings
  • Shared accommodations

Policies

Check-in

Check-in start time: 3:00 PM; Check-in end time: 11:00 PM
Contactless check-in available
Minimum check-in age: 25

Check-out

Check-out before 11:00 AM
Contactless check-out available

Special check-in instructions

There is no front desk at this property
Guests planning to arrive outside of normal check-in hours will receive an email within 48 hours before arrival with check-in instructions and an access code; access will be through a private entrance
You will be asked to provide the property with a copy of your government-issued photo ID after booking
A virtual front desk provides assistance to guests
This property enforces quiet hours from 10:00 PM to 8:00 AM
Information provided by the property may be translated using automated translation tools

Access methods

Access code, private entrance

Pets

  • This property doesn't allow pets

Children and extra beds

  • Free cribs/infant beds are available

Property payment types

Important information

You need to know

Extra-person charges may apply and vary depending on property policy
Government-issued photo identification and a credit card, debit card, or cash deposit may be required at check-in for incidental charges
Special requests are subject to availability upon check-in and may incur additional charges; special requests cannot be guaranteed
This property accepts credit cards and debit cards; cash is not accepted
Cashless transactions are available
Onsite parties or group events are strictly prohibited
Safety features at this property include a fire extinguisher, a smoke detector, a security system, and outdoor lighting
This property has outdoor spaces, such as balconies, patios, terraces which may not be suitable for children; if you have concerns, we recommend contacting the property prior to your arrival to confirm they can accommodate you in a suitable room
  • Check-in: 3:00 PM—-11:00 PM
  • Check-out: 11:00 AM
  • Minimum check-in age: 25

We should mention

Details about charges, deposits, or other important information:

  • This property is managed by a private host, not a professional engaged in trade or business.
  • This property has outdoor spaces, such as balconies, patios, terraces which may not be suitable for children. If you have concerns, we recommend contacting the property prior to your arrival to confirm they can accommodate you in a suitable room.
  • Charges for extra guests may apply and vary depending on the property's policy.
  • A cash deposit, credit card, or debit card for incidental charges, as well as a government-issued photo ID, may be required at check-in.
  • Special requests are subject to availability at the time of check-in and can't be guaranteed. Certain requests may come with additional charges.
  • No parking is available onsite.
  • This property accepts credit cards and debit cards. Cash is not accepted. 
  • Onsite parties or group events are strictly prohibited.
  • Onsite safety features include a fire extinguisher, a smoke detector, a security system, and outdoor lighting.
  • Cashless payment methods are available for all transactions.

Additional information about polices, regulations, and more:

  • There are no elevators.
  • No rollaway or extra beds are available.

Property is also known as

Reykjavik Rainbow
Reykjavík Rainbow Guesthouse Reykjavik
Reykjavík Rainbow Guesthouse Guesthouse
Reykjavík Rainbow Guesthouse Guesthouse Reykjavik

Frequently asked questions

What is there to do near Reykjavík Rainbow Guesthouse?

This guesthouse is situated in Downtown Reykjavik, just steps from Laugavegur, and within a 10-minute walk of Reykjavik Harbour and Harpa. You'll also find Hallgrimskirkja and Iceland Phallological Museum less than a mile away.

How much does it cost to stay at Reykjavík Rainbow Guesthouse?

As of Jan 17, 2026, prices found for a 1-night stay for 2 adults at Reykjavík Rainbow Guesthouse on Jan 18, 2026 start from $125.16, excluding taxes and fees. This price is based on the lowest nightly price found in the last 24 hours for stays in the next 30 days. Prices are subject to change. Choose your dates for more accurate prices.

Is there parking available at Reykjavík Rainbow Guesthouse?

No, there isn't parking at this guesthouse.

Does Reykjavík Rainbow Guesthouse feature a casino on the premises?

No, Reykjavík Rainbow Guesthouse doesn't have a casino.

Will I find an indoor pool at Reykjavík Rainbow Guesthouse?

No, there is no indoor pool at this guesthouse.

What amenities will couples enjoy at Reykjavík Rainbow Guesthouse?

Amenities that appeal to couples at this guesthouse include a pillowtop mattress, a rainfall showerhead, and an espresso maker.

Are there hot tubs at Reykjavík Rainbow Guesthouse?

No, this guesthouse doesn't have a spa tub.

Does Reykjavík Rainbow Guesthouse have a restaurant that serves breakfast?

No, Reykjavík Rainbow Guesthouse doesn't have a restaurant that serves breakfast.

Will Reykjavík Rainbow Guesthouse allow pets to stay for free?

No, pets aren't allowed at Reykjavík Rainbow Guesthouse.

Does Reykjavík Rainbow Guesthouse have connecting rooms?

No, this guesthouse doesn't feature connecting guestrooms.

How far is the airport from Reykjavík Rainbow Guesthouse?

The closest major airport to Reykjavík Rainbow Guesthouse is Reykjavik Domestic Airport (RKV), which is 1.6 mi away (7 minutes by car). Another top airport is Reykjavik–Keflavik Intl. Airport (KEF), which is around 23.3 mi away.

Are there rooms with balconies at Reykjavík Rainbow Guesthouse?

Yes, some accommodations at this guesthouse offer a balcony where guests can enjoy garden or city views.

Reykjavík Rainbow Guesthouse Reviews

Reviews

9.4

Exceptional

Rating 10 - Excellent. 16 out of 20 reviews
Rating 8 - Good. 1 out of 20 reviews
Rating 6 - Okay. 3 out of 20 reviews
Rating 4 - Poor. 0 out of 20 reviews
Rating 2 - Terrible. 0 out of 20 reviews

9.4/10

Cleanliness

8.6/10

Staff & service

8.0/10

Amenities

9.0/10

Property conditions & facilities

Reviews

6/10 Okay

Tabitha

Disliked: Staff & service, amenities
Very noisy guesthouse, they provide earplugs. Accommodations are adequate. Good location.
Stayed 2 nights in Sep 2025

10/10 Excellent

Pertti

Traveled with family
Liked: Cleanliness, staff & service, property conditions & facilities, room comfort
Great hostel in central location. Not far from anything.
Stayed 4 nights in Sep 2025

10/10 Excellent

Sabina

Traveled with family
Liked: Cleanliness, staff & service, property conditions & facilities, room comfort

Amazing location!

Great location, central to the bus stops, restaurant/centre of town, and the streets for shopping. Bed/bedding/cushions were very comfortable. Kitchen was great too, the coffee machine and beans provided were so good. The grocery store is up one block - very convenient. Storage for luggage nearby (not a lot and kind of sketchy carpark) before checkin We were in room 1 on the main floor, shared a bathroom with one other room which was not a problem. I usually never choose shared bathroom but it worked well! Super easy to find and coded entry is convenient. We stayed 5 nights and would definitely return. The host was also very accommodating to communicate with.
Entrance
Kitchen. Each room gets a basket labeled in the fridge
Bathroom first floor
First level
Stayed 5 nights in Aug 2025

6/10 Okay

Pamela

Traveled with family
Liked: Cleanliness
Disliked: Staff & service
Close to rainbow road and shops. Very difficult to find parking, parking is available all around just always full.
Stayed 1 night in Sep 2025

10/10 Excellent

Mike, Anaheim

Stayed 2 nights in Aug 2025

10/10 Excellent

Christine

Liked: Cleanliness, staff & service, amenities, property conditions & facilities
Great location - lots of restaurants and sights within easy walking distance. Very clean rooms and common areas. Staff responded quickly to inquiries. I stayed here on two separate occasions.
Stayed 1 night in Aug 2025

10/10 Excellent

Bjorn

All good. Clean warm. Easy check in
Stayed 4 nights in Aug 2025

10/10 Excellent

Denise, New York

Business traveler, Traveled with partner
Liked: Cleanliness, staff & service, amenities, property conditions & facilities
Location is excellent right in the middle of Reykjavik. Plenty to do and see in the area. Everything was as the host said and it was a wonderful stay for my husband and me. Other people there were very considerate and quiet. We shared the bathroom and the kitchen. There is no breakfast offered. There is no luggage storage offered, but there are very reliable walkers a four minute walk away. I will definitely stay there again if I have the opportunity. There is no host, but the instructions for getting into the property and into the room are excellent.
Stayed 2 nights in Aug 2025

10/10 Excellent

Angela, Chicago

Liked: Property conditions & facilities
I loved that it was so close to the bus stop and the major street. This is especially appreciated after a long day tour and you just want to rest right away. It is but 3 to 4 minute walk from Bus stop #3. There's also a lot of restaurants in the area and you can walk everywhere.
Stayed 5 nights in Aug 2025

10/10 Excellent

Jennifer

Stayed 1 night in Jul 2025

10/10 Excellent

Jooyon, NIAGARA FALLS

Liked: Cleanliness, staff & service, property conditions & facilities
Excellent
Stayed 3 nights in Jul 2025

6/10 Okay

Sujatha

Liked: Cleanliness
The guest house was in an excellent location. I was on the second floor. There was just one bathroom for guests in 4 rooms! The coffee machine in the kitchen was not working. So, it was too pricey for the available amenities.
Stayed 2 nights in Jul 2025

10/10 Excellent

John, Newport

Liked: Cleanliness, staff & service, property conditions & facilities
Met the owner. Very friendly and accommodating.
Stayed 2 nights in Jun 2025

10/10 Excellent

Asgeir

Traveled with family and small children
Liked: Cleanliness, staff & service, amenities, property conditions & facilities
Great place, highly recommend for everything you need ✌️
Stayed 1 night in Jul 2025

10/10 Excellent

Verified traveler

Liked: Cleanliness, staff & service, property conditions & facilities, room comfort
Stayed for only one night en route to Denmark. Our host was wonderful and answered all of my questions quickly and thoroughly. I had read previous reviews that were quite dated but the host explained there had been upgrades since. The bed felt luxurious and the location is perfect for exploring downtown Reykjavik on foot. Bus stop to catch a bus to the airport was about two blocks away. Coffee provided was so good. Bakery around the corner as well as pubs and restaurants. Wonderful (brief) stay for us. Will choose this guesthouse again:)
Stayed 1 night in Jun 2025

10/10 Excellent

Steven

Traveled with family
Liked: Cleanliness, staff & service, property conditions & facilities, room comfort

Nice location!

It is a clean and comfortable guest house.
Stayed 1 night in Sep 2025

8/10 Good

Ichiro

Stayed 2 nights in Jul 2025

10/10 Excellent

Dominique

Liked: Cleanliness, staff & service, property conditions & facilities, room comfort
Stayed 1 night in Jul 2025