Reykjavik 5-star Hotels

Compare rates for 5-star hotels in Reykjavik, Iceland from hundreds of popular travel sites on HotelsCombined.

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Travel insights for hotels in Reykjavik

Use our HotelsCombined data-powered tips to help you find your next hotel in Reykjavik.

How much do hotels in Reykjavik cost?

The average price of a hotel in Reykjavik has been around $361/night over the last 3 days. You can expect year-round prices for a 5-star hotel in Reykjavik to be around $554/night, a 4-star hotel at $240/night, and a 3-star at $180/night on average.

What is the cheapest month to book a hotel in Reykjavik?

The cheapest month to book a hotel in Reykjavik is April ($208). Conversely, the most expensive month to stay in Reykjavik is August ($749).

What is the cheapest day to stay in a hotel in Reykjavik?

The cheapest day to stay in Reykjavik is Wednesday ($261). On the other hand, travelers can expect to pay the most on Saturday, when the average nightly price is $458.

How much is a hotel in Reykjavik tonight?

Users have found prices for hotels in Reykjavik tonight starting as low as $83, rising to an average cost of $243, based on searches in the last 72 hours. Prices start from $122 for a 4-star hotel in Reykjavik for tonight.

How much is a Reykjavik hotel room this weekend?

In the past 72 hours, we’ve seen prices for hotels in Reykjavik this weekend for as little as $100/night. If you’re specifically looking for a 3-star hotel this weekend, our users have found prices as low as $100/night. For a 4-star hotel in Reykjavik, the cheapest rate recently found was $137/night for this weekend.

How far ahead should you book a hotel in Reykjavik?

Save money by booking a hotel at least 53 days before your trip to Reykjavik. The lowest price found when booking 53 days ahead was $145 per night.

Other star-rated hotels in Reykjavik

Hotels that are booked the most in each class receive the “Most popular” badge. Hotels with the “Best value” have the most attractive prices based on their popularity. Price data was last updated on December 9, 2025.
Not set on a 5-star hotel? We’ve got plenty of other options for you to choose from. These are the most popular and best value properties in Reykjavik based on hotel class.
3 stars
Laugavegur 22A, Reykjavik, Iceland
Gunnarsbraut 46, Reykjavik, Iceland
Brautarholt 22-24, Reykjavik, Iceland
Mjölnisholti 12-14, Reykjavik, Iceland
Fákafen 11, Reykjavik, Iceland
2 stars and under
Baronsstigur 47, Reykjavik, Iceland
28 Skúlagata, Reykjavik, Iceland
Borgartuni 32, Reykjavik, Iceland
Bankastræti 7, Reykjavik, Iceland
Brautarholti 4, Reykjavik, Iceland

Other accommodations in Reykjavik

Find deals on places to stay in Reykjavik that are not hotels. These are just a few of the most popular hostels and vacation rentals in the area. Pricing information was last updated on December 9, 2025.
Looking for something less traditional for your stay? Find the perfect hostel or vacation rental for your trip in Reykjavik.
Reykjavik, Iceland
1.1 mi from city centre
Air Conditioning
Airport shuttle
$115
Avg. per night
Reykjavik, Iceland
0.9 mi from city centre
$165
Avg. per night
Fákafen 11, Reykjavik, Iceland
2.6 mi from city centre
Free Wi-Fi
Parking
Airport shuttle
$52
Avg. per night
Sundlaugavegur 34, Reykjavik, Iceland
2.0 mi from city centre
Free Wi-Fi
Parking
Airport shuttle
$103
Avg. per night
Skogarhlid 10, Reykjavik, Iceland
1.1 mi from city centre
Free Wi-Fi
Parking
$85
Avg. per night
Amtmannsstígur 5a, Reykjavik, Iceland
0.2 mi from city centre
Free Wi-Fi
$94
Avg. per night
Laugavegur 34, Reykjavik, Iceland
0.5 mi from city centre
Free Wi-Fi
$221
Avg. per night
Brautarholt 10-14, Reykjavik, Iceland
1.1 mi from city centre
Free Wi-Fi
Parking
$159
Avg. per night
Adalstraeti 16, Reykjavik, Iceland
0.0 mi from city centre
Free Wi-Fi
$163
Avg. per night

Facts about 5-star hotels in Reykjavik

Find useful tips and insights about 5-star hotels in Reykjavik to help you make the most of your experience. FAQs were last updated on December 9, 2025.
  • How much does a 5-star hotel in Reykjavik cost?

    The average cost of a 5-star hotel in Reykjavik is about $554/night, though you can find options starting from $375.

  • What is the cheapest 5-star hotel in Reykjavik?

    In Reykjavik, The Reykjavik EDITION(SM) is your go-to for affordable luxury, with rates beginning at $345 for a 5-star experience.

  • What is the best 5-star hotel in Reykjavik?

    In Reykjavik, the best 5-star hotel is The Reykjavik EDITION(SM), renowned for its 8.8 user rating and an average price of $674 per night.

  • What month is cheapest to stay in a 5-star hotel in Reykjavik?

    In Reykjavik, travelers can find the best hotel deals at 5-star properties during January, when prices drop to $177/night on average.

  • How many days in advance should I book a 5-star hotel in Reykjavik?

    To secure the best rate for a 5-star hotel in Reykjavik, it's advisable to book 19 days in advance, when prices are as low as $168/night.

See more FAQs

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