‹›
260 USD
Reykjavik Rainbow Guest House in Reykjavik
🌍 Iceland, Reykjavik, Amtmannsstígur 5a, Midborg
● Center: 1.3 km
🌞 Beach - 2.8 km
✅ Very clean and orderly with a generally tidy environment ✅ Great central location near shops, restaurants, and landmarks ✅ Fully equipped shared kitchen for self-catering ✅ Some rooms feature balconies providing outdoor space ✅ Hosts quickly resolved a power outage during the night ❌ Poor soundproofing leads to disturbed sleep from street noise and neighboring rooms ❌ Shared bathrooms can cause waiting times ❌ Some guests found rooms small with older furniture and a hard sofa bed ❌ One review mentioned an unclean room near a noisy park area at night ❌ Pets are not allowed despite being listed under services
Book now!
Rooms and prices
2 guests
Check availability on Booking
Standard Double room
Wireless internet and shower
Beds:
260 USD
Booking
ZenHotels
View more
deals
deals
Trip.com
Agoda
Standard room
Wireless internet and shower
Booking
ZenHotels
View more
deals
deals
Trip.com
Agoda
Standard Single room
Wireless internet and shower
Beds:
Booking
ZenHotels
View more
deals
deals
Trip.com
Agoda
Standard Single room with balcony
Wireless internet and shower
Beds:
Booking
ZenHotels
View more
deals
deals
Trip.com
Agoda
4 x
Standard Quadruple room
Shared bathroom
Beds:
Booking
ZenHotels
View more
deals
deals
Trip.com
Agoda
Standard Family room
Family room with bathroom
Beds:
Booking
ZenHotels
View more
deals
deals
Trip.com
Agoda
Standard Double Family room
Family room with bathroom
Beds:
Booking
ZenHotels
View more
deals
deals
Trip.com
Agoda
Apartment
Kitchen, shower and bath
Beds:
Kitchen in the room
Booking
ZenHotels
View more
deals
deals
Trip.com
Agoda
Apartment with balcony
Kitchen, shower and bath
Beds:
Kitchen in the room
Booking
ZenHotels
View more
deals
deals
Trip.com
Agoda
2 Bedrooms Apartment with balcony
Kitchen, shower and bath
Beds:
Kitchen in the room
Booking
ZenHotels
View more
deals
deals
Trip.com
Agoda
Description
Reykjavik Rainbow Guest House is a 3-star accommodation situated in the Midborg district of Reykjavik, offering a range of room types including standard singles, doubles, family rooms, and apartments with balconies. The guest house is managed by a private host and features non-smoking rooms, heating, a lift, free parking, and WiFi access. Guests have access to a shared kitchen fully equipped with kitchenware, allowing for self-catering. Despite some reports of small rooms and older furniture, the property is generally clean and orderly with a rating of 7.6/10. The guest house does not provide breakfast, and pets are not allowed. Practical features include private check-in/out and family rooms. The building provides a cozy, local atmosphere close to many city attractions. Some guests noted noise issues due to thin walls and proximity to busy streets, so rooms on upper floors may offer a quieter stay.
Location
The guest house is located at Amtmannsstígur 5a in Reykjavik's city center (Midborg). It is just 259 meters from The Icelandic Phallological Museum and within walking distance to Harpa Concert Hall and the lively Laugavegur shopping street. The nearest beach, Nautholsvik Geothermal Beach, is about 2.77 kilometers away. The Reykjavik Domestic Airport (RKV) lies 2 kilometers from the property, making transfers convenient. Nearby dining options include Restaurant B5 (88 m) and Restaurant Hressó (177 m), plus the Cafe Te & Kaffi at 203 meters. A Bonus supermarket is also close by for self-catering needs. This location places you right in the heart of Reykjavik with easy access to cultural and entertainment venues.
Tips
- If you are sensitive to noise, request a room on an upper floor to reduce street noise.
- Bring ear plugs just in case, as some guests report disrupted sleep.
- Utilize the fully equipped shared kitchen to prepare meals, especially since breakfast is not offered.
- Also, keep in mind that pets are not allowed despite what services suggest.
Policies and conditions
- Child policies: Children can stay in some rooms of this hotel. Additional fees may be charged for children using existing beds. Add the number of children to get a more accurate price.
- Cribs and Extra Beds: For all room types, extra beds cannot be added. Crib policies vary according to room type. Please refer to the relevant room type policy.
- Breakfast: Breakfast not provided
- Pets: Pets are not allowed
- Age Requirements: The main guest checking in must be at least 25 years old
- Paying at the hotel: Visa, MasterCard, AmericanExpress, DinersClub, UnionPay, JSB
- Managed by a private host: This property is managed by a private host. A private host refers to a party who rents one or more properties for purposes not related to their trade, business, or profession.
official partner of
Booking.com
Services and facilities
General
- Shopping on site
- Smoke-free property
- Heating
- Private check-in/check-out
- All Spaces Non-Smoking (public and private)
- No elevators
Rooms
- Non-smoking rooms
- Interconnecting rooms available
- Fridge
- Family room
- Shower/Bathtub
- Bathtub
- Wardrobe/Closet
- Linens
Services and amenities
- Iron and board
Meals
- Coffee/tea for guests
- Common kitchen
- Microwave oven
- Coffeemaker
- Kettle
Internet
- Free Wi-Fi
Parking
- No parking
Pool and beach
- Beach/pool towels
Kids
- Family/Kid Friendly
Pets
- Pets Not Allowed
The nearest beach is located on the distance of 2770 m. It takes 42 minutes To the beach!
Street view
Video
Map
Reviews
04.05.2026
Was booked last minute due to original accommodation cancellation the day before arrival. Nice place, great location but very poor nights sleep due to poor sound proofing both inside and out. Ear plugs were provided but even with these sleep was broken from late night check ins and late night conversations from people walking by. I suspect the upper floor rooms would be better. Has a usable kitchen/dinning area, and a power loss during the night was quickly solved by the host.
21.07.2025
Avoid this place. Our room wasn't clean and located near a park where drunks and crackheads hang out at night
16.10.2023
Not as long as I thought it would be, beautiful and bright, shops on either side, lovely little gift shops, places to eat and get a coffee,very pretty and unique, keep walking past the colours and it leads you right to the hallgrimsta
15.12.2022
Very honest management. Generally Clean , but small rooms. No breakfast or morning coffee/tea. Older furniture. Paper thin walls. Even with great next door neighbors, sleep interrupted by entry and exit of rooms. Shared bathrooms, so waiting possible. Hard sofa/bed. Sleep difficult. Would recommend avoiding bedroom #4 For that reason.
04.11.2018
Is tidy and clean... kitchen is full of kitchenware which provide for us to cook ourself. Nice loc, close with Laugavegur, also able to walk to Harpa concert hall. Near with Bonus supermarket also. Just don’t have free carpark.
23.06.2018
We had a great experience staying at Rainbow Guesthouse. The house is very clean and orderly. The location is absolutely perfect! It is in the heart of the city and only minutes walk from many of the fun things to do. I would highly recommend it and will definitely be staying here again when we return!
11.04.2018
Beautiful place, very local and easy to get to places within walking distance. Enjoyed my stay
23.02.2018
Our room was cute and cozy with a little balcony outside. The kitchen is fully-equipped. It's a very nice place to stay!
Share your experiences, help others make the right choice!
Think about what you would like to know if you were looking for a review about a place to relax. Please describe in detail what you liked and what you didn't. What would you advise to other guests and to the hotel owner. The more fully you tell about the hotel, the easier it will be for other people to make a choice and they will be very grateful to you!
POIs near hotel
The Icelandic Phallological Museum (4 min)
Reykjavik's unconventional museum houses the world's largest collection of phallic specimens from mammals, featuring over 200 preserved examples across multiple floors.
Tickets: Phallological Museum: Entry Ticket, 24 EUR View
The Black Cone, Monument to Civil Disobedience (4 min)
Stone cone in central Reykjavik commemorating Iceland's 1944 independence declaration and protest against Danish sovereignty.
Tickets: Golden Circle & Kerið Crater: Grand Tour from Reykjavik, 76 EUR View
National Gallery of Iceland (5 min)
Iceland's premier art institution showcasing Nordic and international contemporary works alongside classical Icelandic paintings. Located in central Reykjavik, it spans multiple venues and collections.
Reykjavik Art Museum (6 min)
Iceland's largest art museum showcasing contemporary and historical Icelandic works across multiple downtown locations. Collections span painting, sculpture, and photography reflecting the nation's artistic heritage.
Tickets: Iceland: Perfume Creation Workshop, 174 EUR View
The Settlement Exhibition (6 min)
Archaeological museum displaying Viking-age turf house ruins and artifacts from Reykjavík's 9th-century Norse settlement, established through radiocarbon dating.
Tickets: Reykjavík: Small-Group Northern Lights Tour, 146 EUR View
Cafe and Restaurants near hotel
Restaurant «B5» (1 min)
Bankastræti 5, 101 Reykjavík
Reviews23.10.2017
My friends and I touring Iceland came here on a Sat night around 9pm. It was still early enough where they had an acoustic guitarist singing cover songs. It wasn't that busy and had available seating at the time. It was nice and chill and we got to sing along too! However sometime later they started taking away the tables and chairs and more and more and MORE people started pouring in! Young crowd too. We got super lucky bc a group of people left their booth table which ended up being right by the DJ. At this point the it was a packed club (which I didn't expect at all lol). As with any packed club, it was very hard to get drinks and to move anywhere in the bar, and there was a long line for the bathroom to which my friends also added that 2 chicks got in a fight (sounds kinda interesting actually). They played American Music the rest of the night and even with the negative aspects of busy clubs, I still had a grand time, but of course alcohol helps lol.
01.10.2017
Top quality sound system, my wife and I heard the music (and revellers) extremely clearly in my hotel over 50 metres away and all night long to boot! The set was top notch with good flow and a good selection of various upbeat music, the sound system made it so clear I could "shazam" over 80% of the DJ's set!
What an experience!
11/10 would definitely not sleep again!
What an experience!
11/10 would definitely not sleep again!
13.09.2017
Don't even think of going there. The worst club I have ever been to. 200 people cramped in a place where it can hold maximum 50 People spilling beer all over the place, drunk fightings, I can go on and on.
08.05.2017
Great place, been there several times. Always great service and nice staff. Their MangoTango is phenomenal
Restaurant «Hressó» (3 min)
Austurstræti 20, 101 Reykjavík
Reviews07.01.2018
Staff were bullies and assholes!
Bought drinks in the sports bar which was quite still at the time, and then got threatened with a beating by the bouncers if I didn't move over to the much louder club next door. That wasn't the place or atmosphere I signed up for. Stay clear!
Bought drinks in the sports bar which was quite still at the time, and then got threatened with a beating by the bouncers if I didn't move over to the much louder club next door. That wasn't the place or atmosphere I signed up for. Stay clear!
31.12.2017
Went there during a non rush period (around 1430) and left after 30 minutes...our drink order hadn’t even been taken. My mom went up to the bar to try to place an order there and she said she’d send someone right over. We waited about 10 more minutes, during which the server blatantly ignored us, before we left. We got our fish and chips down the street at Drunken Rabbit— much better experience!
23.11.2017
Visited during dinner hours thirsty and hungry. Very disappointed with lacklustre service and staff that didn't seem terribly interested in being there. Food was disappointing. Only saving grace was that beer was cold. Would not recommend.
23.10.2017
Good. Enjoyed food with decent portions. Costs more than you would expect but this is iceland so not bad for here.
07.08.2017
I thought the good was just OK. Fish and Chips is probably the best.
Service is slow and not very attentive. Not very aware of customer's needs, and sometimes feel like being ignored.
Feels pricy for the food served.
Maybe because this is a PUB, not a restaurant.
Overall, its still not a bad place to come to. But there are other places in the area that you can pay a little more to get much better food.
Service is slow and not very attentive. Not very aware of customer's needs, and sometimes feel like being ignored.
Feels pricy for the food served.
Maybe because this is a PUB, not a restaurant.
Overall, its still not a bad place to come to. But there are other places in the area that you can pay a little more to get much better food.
Cafe «Te & Kaffi» (3 min)
Frequently asked questions about Reykjavik Rainbow Guest House
Does Reykjavik Rainbow Guest House provide breakfast?
No, breakfast is not provided at this guest house.
Are pets allowed at Reykjavik Rainbow Guest House?
Pets are not allowed at this property despite being listed under services.
What types of rooms are available at Reykjavik Rainbow Guest House?
Room types include Standard room; Standard Single room; Standard Single room with balcony; Standard Quadruple room; Standard Double room; Standard Family room; Standard Double Family room; Apartment; 2 Bedrooms Apartment with balcony.
Is parking available at the guest house?
Yes, free parking is available for guests.
How far is Reykjavik Rainbow Guest House from Reykjavik Domestic Airport?
The airport is approximately 2 kilometers away.
Hotels you might also like
Wrong hotel description? Tell us.