REYKJAVIK RAINBOW GUESTHOUSE | Cheap Hotel in Reykjavik | Book & Save

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Key details

About the Hotel

Amtmannsstigur 5A, Reykjavik, Iceland, 101

Close to the city center

Great

8.5

/10

Loved by guests

Central location
Clean room
Helpful host
Cozy common areas

"Very good service. Staff supported our special need to keep luggage."

Ran from France

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"Rainbow Guesthouse is perfectly located right in the center, just a short walk from all the main streets and sights."

Daniel from Israel

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"The room was great for the price."

Daniel from United States

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Location

Reykjavik Rainbow Guesthouse is located in the vibrant capital of Iceland, just a short distance from the city center. The guesthouse is situated near popular attractions such as Harpa Concert Hall and the picturesque Tjörnin Lake. Additionally, it offers easy access to public transportation, making it convenient for exploring the surrounding area.

Rooms

The guesthouse offers a variety of accommodations, including private rooms and dormitory-style options, accommodating different travel preferences and budgets. Each room includes access to shared bathrooms and kitchen facilities, promoting a communal experience. Guests can also enjoy colorful and creative decor that echoes Iceland's natural beauty.

Dining

A communal kitchen is available for guests to prepare their meals, fully equipped with cooking essentials. Additionally, the guesthouse offers a cozy dining area where guests can enjoy breakfast and socialize. A complimentary breakfast is available every morning, providing a convenient start to the day.

Common Areas

Reykjavik Rainbow Guesthouse features a spacious lounge area where guests can relax and interact with others. This space is ideal for unwinding after a day of exploration or attending one of the organized events. The guesthouse also hosts art exhibitions, showcasing local artists and contributing to the cultural experience.

Unique Offering

The standout service of Reykjavik Rainbow Guesthouse is its focus on fostering community among guests. The guesthouse organizes various activities and events including guided tours and workshops that highlight Icelandic culture. This engagement offers travelers a deeper connection to both the guesthouse experience and the local environment.

Highlights

Location: near city center and Tjörnin Lake

Rooms: private rooms and dormitory-style options

Dining: communal kitchen and complimentary breakfast

Common Areas: spacious lounge area and art exhibitions

Unique Offering: guided tours and workshops

“This guesthouse strikes me as a particularly well-cared-for property. Its central location places guests within easy reach of Reykjavik's attractions. I also note the welcoming atmosphere, reflecting a host invested in guest comfort.”

James DavidEditor-in-Chief at Cheaphotels

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Select your room type

The hotel provides a selection of rooms—doubles, family rooms, and suites—with perks like free cancellation, breakfast options, and great value deals

Single Room Balcony

2 persons

90 sq. feet

1 Single bed

Heating

Balcony

room details

Standard Double Room

2 persons

270 sq. feet

1 King-size bed

Heating

room details

Single Room

2 persons

90 sq. feet

1 Single bed

Heating

room details

Room rates & availability calendar

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Amenities & services

Real traveler stories and honest reviews—no glossy ads, just authentic feedback to guide your booking

General

No smoking on site
Free Wi-Fi
Parking
Express check-in/ -out
No pets allowed
24-hour security
Smoke detectors
Fire extinguishers

Guest Parking

Shared kitchen

Services

Paid airport shuttle
Car hire
Tours/Ticket assistance

Children

Cots

Room features

Heating
Sitting area
Terrace
Garden furniture

Bathroom

Free toiletries

Self-catering

Shared kitchen

Room decor

Parquet floor

Location

Amtmannsstigur 5A, Reykjavik, Iceland, 101

Map view

Amtmannsstigur 5A, Reykjavik, Iceland, 101

City landmarks

Church

Hallgrimskirkja

2300 ft

Museum

National Museum of Iceland

3400 ft

Museum

Einar Jonsson Sculpture garden and museum

2100 ft

Event hall

Harpa Concert Hall and Conference Centre

2400 ft

Art object

The Sun Voyager

3200 ft

Museum

Icelandic Phallological Museum

3700 ft

Museum

Saga Museum

4300 ft

Landmark

Volcano House

2300 ft

Museum

Reykjavik Museum of Photography

2100 ft

Landmark

Perlan

1.3 mi

Landmark

Nordic House

4400 ft

Museum

The Reykjavik Maritime Museum of Vikin

4600 ft

Landmark

Solfar Sculpture

1.4 mi

Museum

Aurora Reykjavik Northern Lights Center

4200 ft

Museum

Whales of Iceland

1.0 mi

Marina

Old Harbour

2900 ft

Landmark

Vesturbaejarlaug Swimming Pool

1.0 mi

Landmark

Tales from Iceland

3500 ft

Landmark

Sundhollin Public Baths

3300 ft

Nearby

Museum

The Settlement Exhibition

1700 ft

Market

Kolaportith

1800 ft

Public Building

Rathhus

1500 ft

Mall

Laugavegur

1800 ft

Tjörnin 101

Lake Tjornin

1400 ft

Park

Austurvollur Square

1200 ft

Museum

The Icelandic Punk Museum

700 ft

Museum

National Museum

1300 ft

Museum

Reykjavik Art Museum Hafnarhus

1900 ft

Public Building

The Parliament House

1100 ft

Public Building

The Culture House

1100 ft

Restaurants

Icelandic Street Food

700 ft

Laekjargata 4

101 Reykjavik Street Food

400 ft

Ingolfsstraeti 2

Baejarins Beztu Pylsur

1400 ft

1 Tryggvagata

Kigali Kaffi

300 ft

Ingolfsstraeti 8

Kaffitar

500 ft

Bankastraeti 8

Eldur and Is

600 ft

Skolavoerdustigur 2

Den Danske Kro

400 ft

Ingolfsstraeti 3

Prikio Matvagn Food Truck

500 ft

Bankastraeti

The Deli

600 ft

Bankastraeti 14

Subway

600 ft

Bankastreati 14

Block Burger

500 ft

Skolavordustigur 8 Back house

Tommi's Burger Joint

400 ft

Bankastraeti 5

Explore Reykjavik

Hallgrimskirkja

9 minutes' walk

Iconic church with a unique tower offering panoramic city views. An architectural marvel in Reykjavik.

National Museum of Iceland

13 minutes' walk

Showcases Iceland's cultural heritage with extensive exhibits. Great for history enthusiasts.

The Sun Voyager

12 minutes' walk

Stunning sculpture representing a dreamboat. Beautiful photo opportunities against the ocean backdrop.

Einar Jonsson Sculpture garden and museum

8 minutes' walk

Features works of Icelandic sculptor Einar Jonsson. A serene garden setting for art lovers.

Hiking at Thorsmork

3 minutes' drive

Thrilling hiking trails in a scenic valley. Entrance through guided tours or local rentals.

Relaxation at the Blue Lagoon

45 minutes' drive

World-renowned geothermal spa offering relaxation in mineral-rich waters. Ideal for unwinding.

Visit Kolaportith Flea Market

7 minutes' walk

Iceland's largest flea market with local crafts and foods. Perfect for unique souvenirs.

Icelandic Street Food

3 minutes' walk

Casual eatery serving traditional Icelandic dishes. Try the lamb soup or fish stew.

Kaffitar

2 minutes' walk

Local café known for its specialty coffee and cozy atmosphere. Great for a light snack.

Baejarins Beztu Pylsur

5 minutes' walk

Famous hot dog stand serving a must-try Icelandic hot dog. Quick and delicious!

Harpa Concert Hall

9 minutes' walk

A stunning venue hosting concerts and cultural events. Architectural beauty by the harbor.

The Reykjavik Maritime Museum of Vikin

17 minutes' walk

Engaging exhibits on Iceland's maritime history. Fun for all ages in a unique setting.

Looking for early-bird discounts?

Get special discounted rates today!

Check Rates

Property information and rules

Check-in

from 15:00-23:30

Check-out

from 04:00-11:00

Internet

is available in for free.

Pets

Pets are not allowed.

Number of rooms:

FAQs

About Reykjavik Rainbow Guesthouse

What is the check-in and check-out policy at Reykjavik Rainbow Guesthouse?

Check-in is at 15:00 and check-out is by 11:00.

Is parking available at Reykjavik Rainbow Guesthouse?

Public parking is available nearby for 20 EUR per day, and no reservation is needed.

What amenities are offered in the rooms at Reykjavik Rainbow Guesthouse?

Rooms include free Wi-Fi, bed linen, towels, an electric kettle, and some feature a balcony.

What are some dining options near Reykjavik Rainbow Guesthouse?

Nearby restaurants include Icelandic Street Food, Primo Ristorante, and Solon Bistro & Bar, all located within 0.5 km.

What is the distance from Reykjavik Rainbow Guesthouse to Reykjavik Domestic Airport?

The guesthouse is located 1 km from Reykjavik Domestic Airport.

What are some popular attractions close to Reykjavik Rainbow Guesthouse?

Nearby attractions include Hallgrímskirkja Church (700 m), Harpa Concert Hall & Conference Centre (700 m), and the Solfar Sun Voyager (less than 1 km).

Does Reykjavik Rainbow Guesthouse provide airport shuttle services?

A paid airport shuttle service is available at the guesthouse.

What type of bathroom facilities are available in the rooms at Reykjavik Rainbow Guesthouse?

Rooms feature shared bathrooms equipped with a bath or shower and a hair dryer.

What are the highlights of Reykjavik Rainbow Guesthouse?

Highlights include free Wi-Fi, a terrace, garden views, a shared kitchen, and 24-hour security.