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Dreamy Iceland: Top 10 Airbnb Vacation Rentals In Reykjavik under 130 USD - Updated 2020

airbnb reykjavik

Take a break and enjoy the majestic Icelandic landscape. Read on to find out about the best Airbnb vacation rentals in Reykjavik, all under 130 USD.

Iceland is one of those unique countries that takes your fantasies to another level. Imagine listening to an Icelander talking about elves and trolls and how they are such a significant part of this stunning landscape while you are on your way for a swim under the midnight sun. Dreamy? This is a magical land indeed.

Although the country is known to be on top of most people’s bucket list, it has also always been recognized for being expensive. Here, we bring you few pretty and homey Airbnb vacation rentals in the capital city of Reykjavik. All under 130 USD, these Airbnbs range from budget to mid-range. But do not worry about compromising quality - these rentals in Reykjavik are some of the best Airbnbs in Iceland.

1. Little house near Harpa Concert Hall (from USD 109)

This Icelandic apartment is going to be a blessing in terms of location when you begin your dream trip in Reykjavik. Located just by the old marina, it offers spectacular view and overlooks the Old harbor and mountain Esja. This is a nice little Airbnb basement flat with entrance door downstairs. You are secured of total privacy during your stay with a private entrance, personal living room and bedroom plus bathroom all to yourself. A cozy home away from home! This cozy vacation rental is a charm with interesting books, beautiful pictures, plants, twinkling lights and photographs. Relax by the huge windows with solemn sunlight streaming in and yes don’t forget to make some coffee before you curl up with that red book. Snuggle in this cosy bed after a long day of exploration and look at the ships being repaired on the other side of the street on a laid-back day. Lovingly decorated with photographs, spotlights, books and paintings, the house also makes you feel well taken care of with little additions like socks, coffee machine, fridge, sandwich maker, washer and dryer. You need to experience this wonderful bathtub on your own to figure out the reason behind its popularity among former guests. This all white bathroom seems like one of those relaxing spaces that one needs after a long hiking day. The WiFi in the house works great so playing your choice of music in the background shouldn’t be a problem while you soak in the hot water for hours. The little garden and patio is a lovely addition and becomes quite useful when you want to have your coffee outside. Or you can just walk to the best of the restaurants, hot dog and burger joints in the city within minutes. The luxuries of a good location!

This cozy downstairs flat is perfectly located within walking distance of anything you’d care to do in Reykjavik. Just bring a good pair of comfy shoes and you’re set! We spent three full days going to museums, visiting Harpa for an opera performance, seeing local landmarks, eating fish, fish, and more fish (and trying horse for the first time too). We totally fell in love with Reykjavik, and this warm and welcoming home with a truly luxurious bathtub made us feel completely at home between adventures. Morning coffee, a mini fridge for snacks, laundry facilities…I can’t think of something we needed but didn’t have Jessi

Cosy apartment in 101 Reykjavík

Address: Central Reykjavik

Price: from 90 USD

Number of Guests: 2

Cosy apartment in 101 Reykjavík
Reykjavik, Capital Region, Iceland
291 reviews
Entire flat 1 Bed 2 Guests 1 Bedroom 1 Bathroom

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2. Watch the Northern Lights from the balcony (from USD 80)

Beautifully done with woods, antiques and warm colors, this house is a pleasure as you enter. It is conveniently located near the harbor in a quiet neighborhood yet hardly 10 mins away from the downtown. The bus stop just in front of the house makes commuting a breeze. The living room exudes warmth and characterizes an elusive yet classy design sense. The Airbnb house is shared by the host and her daughter who are a nice example of Icelandic hospitality. Feel free to plop on the couch and stand for hours in the balcony without worrying about being disturbed. Share the house with Icelanders and experience the capital region like a local! Your little room offers an antique bed as the stellar attraction. It is cozy, comfy with neat and crisp white bed linens. That huge window brings you a new treat every day with the spectacular clouds transforming into a new painting from time to time. It also looks right onto the coast and the sea with the quiet street in the middle. The kitchen is nice and well equipped with everything required for a coffee or a quick meal, only if you will have time and desire to cook. Laugardalslaug, the Olympic size swimming pool in the neighborhood is five minutes’ walk from the apartment and has soothing hot tubs and steam baths. Don’t you miss that!

This was a great place to stay. Guðrún was very accommodating and friendly. We even saw the Northern Lights from the bedroom window the night we stayed. Vanessa

Room with a view to the ocean

Price: from 79 USD

Number of Guests: 2

Access: It is easy to come from KEF airport with the Flybus to Cabin hotel and from there it is a short walk to the apartment.

Room with a view to the ocean
Reykjavík, Capital Region, Iceland
60 reviews
Private room in apartment 1 Bed 2 Guests 1 Bedroom 1 Bathroom

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3. Cozy one-bedroom apartment in downtown Reykjavik (from USD 171)

The living room in the apartment is an inviting space furnished with minimalistic furniture, including a comfortable couch that doubles as a bed, a Smart TV subscribed to Netflix and Apple TV, and a Marshall Bluetooth speaker that can play your favorite music. Guests will also have access to free Wi-Fi so that they can upload those all-important holiday snaps onto social media. This apartment also boasts a brand new 160-centimeter wide double bed with comfortable linens that guarantee a sound sleep! Outside the bedroom is a lovely balcony fitted with plush chairs that you can lounge on. The family-sized bathroom is fitted with a shower and a bathtub where you can have a relaxing soak after a long day out. Basic toiletries and modern amenities such as a hairdryer, a straightening iron, and a washing machine are supplied to ensure a comfortable stay. The kitchen is fully equipped with everything you’ll need to prepare a simple meal. Brew a warm cup of aromatic coffee using the Nespresso coffee maker before you tuck into your meal at the breakfast counter. If you want to save yourself the trouble, simply dine in the restaurants and food halls found within a 5-minute walk of the apartment. A supermarket and a Flybus service stop are nearby as well. Book this Airbnb vacation rental for a truly home away from home experience!

Luxurious, Clean & Cozy. Perfect Location!
Reykjavík, Iceland
100 reviews
Entire apartment 2 Beds 4 Guests 1 Bedroom 1 Bathroom

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4. Room in a fishing village near Keflavik airport (from USD 90)

Looking for an Airbnb vacation rental on your way in or way back to Iceland? A pretty and homey room in a little fishing village of Gardur might sound like a perfect plan when you are looking to make the most of your Iceland vacation. And it is, also when you want to wind up smoothly. Mere 10 minutes from Keflavik Airport and forty minutes from Reykjavik, the Reykjanes peninsula is stunning and unique like the country itself. The living space is attractive and relaxing. With hardwood floors, interesting ceiling and lots of sunlight, it is a pleasant space to chat with the hosts, play a game of chess with other travelers or just reminisce your experiences altogether. The single/ twin bedroom is a tranquil and peaceful place with a great deal of sunshine and fresh air. The beds are soft, warm and spotless.The curtains are thick and allows a good sleep even with midnight sun. Relax after a tiring flight and all the action that one goes through while having a memorable vacation.

We were very, very late getting there, but they were still very kind and accommodating. The room itself was gorgeous and very clean. The sheets smelled so good, like lavender. She even made us breakfast in the morning, which was absolutely delicious. If you are looking for a place to stay near the airport, I cannot imagine a better choice, especially for the price. I was in Iceland for two weeks staying in different B&B’s and this place was by far my favorite. Rachel
Help yourself to milk, cereal, cheese, coffee, and an impressive spread of breads, jams and spices that are available for the guests to use. You can also choose to make a meal for yourself anytime you like in the kitchen. A delicious and full-fledged breakfast is also offered in the morning by the host family. Doesn’t that look like a lovely place to eat and chat? Bring on the sunshine! A hot tub to end your day after a long drive is a surprise treat in the property. The front porch also has seating arrangement to sit and enjoy a drink if you are not in a mood for a bath.

Single/Twin room near the airport

Address: Reykjanes

Price: from 52 USD

Number of Guests: 2

Access: 5 minutes walk to the bus stop which takes you to Reykjanesbær. By car, Reykjanesbær is within 10 minutes drive, the Blue Lagoon is 20-25 minutes and Reykjavik is about 40 minutes drive away

Single/Twin room near the airport
176 reviews
Private room 2 Beds 2 Guests

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5. Room with a magnificent view of downtown and waterfront (from USD 93)

Pristine bedcover, fresh towels, lamps, flowers and natural lights! This double bedroom is one of the two rooms for rent in a beautiful Icelandic house. That bed is extremely comfortable and you also get a dresser for clothes, chairs and a small study desk. Ten-minute walk to the center of city in Reykjavik, you can easily find this property and park your car (if you are renting one) in a guest parking spot. The bathroom is shared and has a comfortable lounge to sit and relax while you are contemplating on going for a bath. The hanging mirror on the wall to let you sneak a last look before heading out for the day. This reading space with a contemporary decor makes a perfect corner for lounging and reading on days when you feel like sitting back and taking a moment. The luxuriously comfy couches next to wall mounted corner full of books and lit by the soft orange glow of a big Himalayan salt lamp definitely makes for a de-stress heaven. This room is up on the second floor of the apartment and is led by a spiral staircase. The whole space is quite artsy and stylish no matter where you look. You might even get some serious decor goals for your own space during your stay here. Slouch on the comfortable sofas in the elegant living room that is done splendidly in artsy colors and decorated with catchy antiques. The kitchen is next to the living space and you will get the most amazing aromas when the host prepares a breakfast that is nothing less than a delight in the morning. The balcony in the living room opens to the most spectacular views of the ocean. Catch the beautiful sunsets and gorge on the striking view of the massive glacier just off the shore.

Our stay with Thorunn in Reykjavik was absolutely wonderful! Her home is quiet, located next to the water and carefully decorated with beautiful Icelandic pieces. She welcomed us to her home the moment we walked in which felt so good after a long traveling day. The bed was comfortable and the room was clean. The breakfast in the morning was wonderful–the pancakes are the BEST! Kellie

Comfortable double room downtown 1

Price: from 79 USD

Number of Guests: 2

Comfortable double room downtown 1
Reykjavík, Capital Region, Iceland
403 reviews
Private room in apartment 2 Beds 2 Guests 1 Bedroom 1 Bathroom

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6. Three-bedroom apartment close to the city center (from USD 154)

Live in modern comfort by booking this three-bedroom apartment close to the city center. It boasts a spotlessly clean kitchen that is well-equipped with all the cooking utensils and electrical appliances you will need to prepare a meal. There is also plenty of storage space for you to keep your snacks and refreshments away. Spend a lazy afternoon curled up on the plush sofa with a good read in hand, or make use of the TV that is subscribed to hundreds of international TV channels, including Sky, Sky Sports, BT + Sport, ITV and many more. With so much to see and do in Reykjavik, you’ll be happy to rest on the comfortable double bed once you get back home. It promises comfort at the end of a thrilling day and it will be hard to get out of bed the next morning. Albeit simple and minimal, the bathroom is equipped with all the necessary toiletries needed for a comfortable stay. A washer/ dryer is also available, should guests wish to do their laundry. With a private entrance and a key lock box, guests can come and go as they please. Visit the second largest outdoor swimming pool in Reykjavik for a refreshing dip, or indulge in the delicious food and drinks offered by the local pubs and fast food grills, all within a 5-minute walk of the apartment. Don’t worry that you’ll get lost as an iPhone with Icelandic SIM will be provided for guests to make unlimited local phone calls and for navigation purposes.

3bdr apartm, free parking, 10min to city center
Reykjavík, Capital Region, Iceland
160 reviews
Entire apartment 6 Beds 6 Guests 3 Bedrooms 1 Bathroom

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7. Private room in a restored 100-year-old guesthouse (from USD 99)

Built in 1915 in a historic part of downtown Reykjavik, this guesthouse stands as the perfect marriage of tradition and modernity. It may be old, but it is fitted with modern amenities that are sure to provide a comfortable stay! Suitable for a journeying couple, a solo adventurer or a business traveler, this private room is a great place to rest from a long day of traveling. The spotlessly clean kitchen consisting of a fridge, an oven, and a modest dining area is yours to use, but if you’d rather try some of Iceland’s best delicacies, then the wealth of restaurants and cafes in downtown Reykjavik may offer a lot more dining options! The dining area is fitted with sheer curtains and wooden furniture that exude a timeless quality. Be it having a simple meal or a casual chat, this is a great hub for guests to spend quality time with their loved ones! The spotlessly clean bathroom is also furnished with rustic accents that make guests feel as if they have traveled back in time to historic Reykjavik. It is fully equipped with all the basic toiletries that you will need during your stay. There is also a lovely outdoor patio surrounded by lush greenery which guests can make use of. Nature lovers will fall in love with the tranquility of this place, while city dwellers will find comfort in knowing that it is minutes away from major shopping streets and other attractions in downtown Reykjavik.

Heart of downtown restored 100yo home 3
141 reviews
Private room 2 Beds 2 Guests

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8. Icelandic wooden house in Reykjavík (from 72 USD)

This red and typical Icelandic wooden house is easy to locate as soon you reach the sidewalks of the locality. Built over 100 years ago as a family home, this house is now split into three living areas and makes for an ideal stay for friends, students and backpackers. Located very close to the premier place popular for nightlife, the house serves aptly and keeps you near to where all the action is. Lie in the comfy bed in your wooden chamber and sleep to an elves dream. This house has a character of its own and the atmosphere is cozy. Light a lavender candle, switch on the room heater and snuggle under the sheets with an Icelandic fiction in this wooden chamber. A large desk for study with a window overlooking the neighborhood is a luxury in this no-frills space. A perfect place to do that writing you have been procrastinating about for a while or just clearing your inbox. Why not relax here for a moment, while making a list of all the things you want to buy in Laugavegur which is just minutes away from that table of yours.

The room was very nice, warm and comfy. It’s right near what I found to be the best part of town, but just on the fringe so the place was quiet. Rob had books and maps to help with planning out some things to do. The shower was nice and hot. It was a great starting point before heading out on my vacation around the country. Sunny
The small kitchen and dining area is good enough to start your day with a delicious oatmeal breakfast with friends and fellow travelers. Have interesting conversations and rush out to catch all the action!

Beautiful Bergstaðastræti

Price: from 72 USD

Number of Guests: 2

Access: 250m to the main streets of Reykjavík, bus stop is a 5minute walk, and BSÍ bus terminal a 10minute walk

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9. Rooftop spa, private bath in downtown 2 (from USD 114)

Residing here, guests will enjoy their vacation stay in this charming 1930s-styled family home. The private room can comfortably accommodate two guests, and guests can enjoy access to the dining room as well as the rooftop spa. Amenities provided include an indoor fireplace and WiFi connectivity. Guests can expect to reside in a clean space, with essentials such as towels and bedsheets being provided. Located in downtown Reykjavik, in a calm and quiet area, expect to have a calm and peaceful getaway - far from the hustle and bustle of the main city life.

Miðbær, Reykjavik, Capital Region, Iceland
511 reviews
Private room in house 1 Bed 2 Guests 1 Bedroom 2 Bathrooms

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10. Spacious and lovely apartment by the sea (from USD 104)

Vesturbær is one of the most popular neighborhoods of Reykjavík. Your apartment is situated just a 15 to 20-minute walk from the downtown area. Recently renovated, it comes with a nice kitchen and has a nice and bright open-plan style to it. The unit sleeps up to four guests across two bedrooms. Situated near the apartment is the walking trail along the coast. Easy access to a coffee-house, restaurant, bakery, food-stores, makes for convenience. Amenities such as free parking on the premises, WiFi connectivity, an equipped kitchen, and provision of essentials as well as a laptop-friendly workplace marks the start of a wonderful vacation stay. In fact, this unit has hosted repeated guests and you will definitely not be disappointed!

Spacious and lovely flat by the sea
Vesturbær, Reykjavík, Vesturbær, Iceland
508 reviews
Entire flat 3 Beds 4 Guests 2 Bedrooms 1 Bathroom

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Enjoy the Icelandic hospitality and come back for more

Once in Iceland, you will experience small acts of kindness anywhere you go. Iceland is breathtakingly beautiful and so are her people. The Airbnb vacation rentals will help to experience Iceland like a local. Definitely visit the unique country of ice and fire again and keep visiting until you find the most fitting words to describe aurora borealis.

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Akansha is a former crime journalist from India. Her action-packed adventurous life took her to most obscure places in various parts of her country. In addition to crime, she also has extensive...Read more

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