"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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3-star guesthouse featuring a historic setting and social atmosphere in Reykjavik
Amenities
Reykjavik Rainbow Guesthouse offers a communal kitchen and shared dining area for guests to prepare and enjoy meals. A library is available for relaxation and reading, contributing to the cozy atmosphere. The guesthouse includes secure parking for bicycles and guest vehicles.
Rooms
This guesthouse provides a range of room types, including dormitory-style options and private rooms with shared bathrooms. Each room offers a simple design and is furnished with essential and practical amenities. Daily housekeeping ensures that the accommodations are kept comfortable.
Location
Located in the city center, Reykjavik Rainbow Guesthouse is in close proximity to various attractions, shops, and restaurants. The guesthouse is a short walk from the popular Harpa Concert Hall and Sun Voyager sculpture. Easily accessible public transportation allows guests to explore the greater Reykjavik area.
Entertainment
The guesthouse hosts regular events for guests, including movie nights and theme gatherings, promoting interaction among visitors. A game area offers options such as board games and outdoor activities, enhancing the social experience. Local tours can be arranged, providing opportunities to explore Iceland's natural beauty.
Children
Reykjavik Rainbow Guesthouse welcomes families and offers child-friendly amenities. A playground nearby offers recreational space for children to enjoy. Family rooms are available, accommodating parents traveling with their children comfortably.
Highlights
Amenities: Communal kitchen and shared dining area
Rooms: Dormitory-style options and private rooms
Location: City center, close to attractions
Entertainment: Game area and movie nights
“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.”
Olivia SmithEditor-in-Chief at Cheaphotels
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
8 sq. feet
1 Single bed
Balcony
Heating
room details
Single Room
2 persons
8 sq. feet
1 Single bed
Heating
room details
Standard Double Room
2 persons
25 sq. feet
1 King-size bed
Heating
room details
Room rates & availability calendar
See the best prices and book your dates today!
August 2026 - August 2027
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Check-in/ Check-out
Amenities & services
Real traveler stories and honest reviews—no glossy ads, just authentic feedback to guide your booking
Facilities: Great
8.5/10Review score
General
No smoking on site
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
Show more
Reykjavik Rainbow Guesthouse Location
Amtmannsstigur 5A, Reykjavik, 101,
Explore Reykjavik
Explore Reykjavik
Top Attractions
Activities
Dining
Entertainment
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.
Getting around town
City Centre
Reykjavik 5 min · 1400 ft
Airports
Reykjavik (RKV) 33 min · 1.7 mi
Reykjavik Keflavik (KEF) 77 min · 31.8 mi
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
Wireless internet is available in the entire hotel for free.
Pets
Pets are not allowed.
Number of rooms:
6
Reviews and Ratings
What past guests shared about their stay
Review score
Based on 27 verified reviews
8.7 /10
Great
89 %
Recommend
Cleanliness
9.1/10
Comfort
8.7/10
Facilities
8.5/10
Free WiFi
10.0/10
Location
9.7/10
Staff
8.2/10
Value for money
8.2/10
Pros
Central location
Spotless place
Cozy common areas
Kind host
Cons
No nightstand
Everything on floor
Guest reviews
based on 61 reviews
8.4/10
No reviews yet on our siteUnfortunately, our guests have not yet left any reviews for this hotel, but you can read reviews from Booking.com.
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FAQs
About Reykjavik Rainbow Guesthouse
How far is Reykjavik Rainbow Guesthouse from Reykjavik Domestic Airport?
Reykjavik Rainbow Guesthouse is located 1 km from Reykjavik Domestic Airport.
What is the check-in and check-out time at Reykjavik Rainbow Guesthouse?
Check-in is at 15:00 and check-out is by 11:00.
What popular attractions are close to Reykjavik Rainbow Guesthouse?
Nearby attractions include Harpa Concert Hall & Conference Centre (0.5 km), Solfar Sun Voyager (1 km), and Hallgrímskirkja Church (0.5 km).
What are the parking options at Reykjavik Rainbow Guesthouse?
Public parking is available nearby for 20 EUR per day without the need for a reservation.
Are there dining options available near Reykjavik Rainbow Guesthouse?
Nearby restaurants include Icelandic Street Food, Primo Ristorante, and Sushi Social, all located within 0.5 km.
What amenities are available in the rooms at Reykjavik Rainbow Guesthouse?
Rooms feature amenities such as free Wi-Fi, an electric kettle, and shared bathrooms equipped with a bath or shower.
Does Reykjavik Rainbow Guesthouse offer any services for guests?
The guesthouse provides a paid airport shuttle service, car rental services, and sightseeing tour arrangements.
Is there Wi-Fi access at Reykjavik Rainbow Guesthouse?
Free Wi-Fi is available throughout Reykjavik Rainbow Guesthouse.
What is the distance from Reykjavik Rainbow Guesthouse to the city center?
Reykjavik Rainbow Guesthouse is located 1 km from the city center.