A coastal cliff with a lighthouse, beach, and rocky shoreline.

Hotels on the Lake in Iceland from $154

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Top Cities in Iceland

A modern glass building with a unique angular design.
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Reykjavik

Reykjavik
A coastal scene with a rocky cliff, a beach, and a lighthouse in the distance.
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Vik I Myrdal

Vik I Myrdal

Check availability on Iceland Hotels on the Lake

Our top choices for Iceland hotels on the lake

A modern bedroom with a large bed, a balcony, and a view of the city.

1. Icelandic Apartments by Heimaleiga

Icelandic Apartments by Heimaleiga
4.0 star property
Kópavogur
9.2 out of 10, Wonderful, (1,224 reviews)
"Spacious condo studio, with kitchenette. Spacious bathroom. Location is a bit far from Reykjavik city center (20 min driving), but it's easy to get on Route 1."
United States
William
$195 nightly
The price is $214
Sep 8 - Sep 9
Total with taxes and fees
Icelandic Apartments by Heimaleiga

2. Hotel Gígur by Keahotels

Hotel Gígur by Keahotels
3.0 star property
Myvatn
7.4 out of 10, Good, (143 reviews)
"We were not able to stay at the Hotel Gigur, since Americans are not allowed to travel to Iceland and our airline cancelled our trip. I know they have a no-refund policy, but I would have thought there might be some forgiveness given the situation with the pandemic. Despite several tries, I was unsuccessful in getting a refund. "
United States
Denise
Hotel Gígur by Keahotels
A row of modern cabins with large windows, wooden decks, and outdoor seating.

3. Magma Hotel

Magma Hotel
3.0 star property
Kirkjubaejarklaustur
9.8 out of 10, Exceptional, (425 reviews)
"Loved this property. It was my favorite of all of the places we stayed. Beautiful view from the cabin. The bed was comfortable. The food at the restaurant was very good and the staff were friendly"
United States
Dorianne
$601 nightly
The price is $673
Aug 22 - Aug 23
Total with taxes and fees
Magma Hotel
A dining table set for four with a view of a lake and mountains.

4. Hotel Kriunes - A city hotel by the lake

Hotel Kriunes - A city hotel by the lake
4.0 star property
Kópavogur
9.4 out of 10, Exceptional, (697 reviews)
"Nice rooms and nice staff but the building is quite old and the roads to the hotel is 3rd world."
United States
sholom
$276 nightly
The price is $313
Sep 19 - Sep 20
Total with taxes and fees
Hotel Kriunes - A city hotel by the lake
A modern lounge area with leather sofas, a coffee table, and a large blackboard on the wall.

5. The Northern Comfort Inn

The Northern Comfort Inn
3.0 star property
Olafsfjordur
8.6 out of 10, Excellent, (44 reviews)
"Very, very nice, modern hotel! Would definitely stay again if in the area."
United States
Mary
$133 nightly
The price is $154
Sep 2 - Sep 3
Total with taxes and fees
The Northern Comfort Inn
A breakfast buffet with various food items and beverages.

6. Hotel Edda Egilsstadir

Hotel Edda Egilsstadir
2.0 star property
Egilsstaðir
7.4 out of 10, Good, (256 reviews)
"Good location, friendly staff. Looks like a hostel turned into hotel. Good option if you are looking for budget friendly accommodation"
United States
Kaustubh Prakash
Hotel Edda Egilsstadir

7. Guesthouse Hvítá

Guesthouse Hvítá
2.5 star property
Borgarbyggd
8.6 out of 10, Excellent, (129 reviews)
"Excellent property for the area in Iceland to explore and stop-off in. Wonderful and friendly hosts and tasty dinner options after a long day exploring the area."
United Kingdom
Michael
Guesthouse Hvítá
A room with a large sliding glass door leading to an outdoor deck with wicker furniture and potted plants.

8. Fosshotel Myvatn

Fosshotel Myvatn
4.0 star property
Myvatn
9.4 out of 10, Exceptional, (848 reviews)
"It was great to stay there"
Germany
Thomas
$389 nightly
The price is $439
Sep 12 - Sep 13
Total with taxes and fees
Fosshotel Myvatn
A modern interior with large windows, a sofa, a chair, and a small table.

9. Hótel Laxá

Hótel Laxá
3.0 star property
Myvatn
9.2 out of 10, Wonderful, (821 reviews)
"Beautiful building with great views."
United States
Charles
$262 nightly
The price is $298
Sep 15 - Sep 16
Total with taxes and fees
Hótel Laxá
A wooden cabin with a porch and a car parked in front.

10. Vogafjós Guesthouse

Vogafjós Guesthouse
2.0 star property
Myvatn
9.2 out of 10, Wonderful, (532 reviews)
"A great place to stay in Iceland. Great food! fun place in the farm and great accommodation"
United States
Daniel
$286 nightly
The price is $324
Aug 20 - Aug 21
Total with taxes and fees
Vogafjós Guesthouse
Lowest nightly price found within the past 24 hours based on a 1 night stay for 2 adults. Prices and availability subject to change. Additional terms may apply.
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Top Iceland Hotel Reviews

CityHub Reykjavik

CityHub Reykjavik

10/10 Excellent
"́"
Michel 1-night trip
Posted 3 hours ago
CityHub Reykjavik

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Frequently asked questions

How much do lakeside hotels in Iceland cost?
Lakeside hotels in Iceland range between $154 and $673 per night. This means you can get excited for a vacation by the water at a price that's friendly on the pocket. These prices were available on Expedia within the past 7 days, for a hotel booking with a check-in date within the next year. Prices reflect current offers and availability is subject to change. Additional terms may apply.
How many lakeside hotels are there in Iceland?
Iceland has 39 lakeside hotels to select from. Enter your dates and destination and organize your next break near the water today.
Why book your lakeside hotel in Iceland with Expedia?
Finding your dream lakeside hotel in Iceland is a breeze with Expedia. Taking the kids on a break? Find your way to the filters to search for stays with family-friendly amenities. If you have a budget, click on how much you'd like to spend and the preferred star rating of your hotel. Whatever your travel plans or needs, you'll always get the best deal around.
How can I find cheap lakeside hotels in Iceland?
Use Expedia's handy filters to set your budget. Then, select your desired hotel star rating — they range from basic (1 star) to luxury (5 star). You can also search based on specific areas you'd like to stay in. Scoring your dream lakeside hotel in Iceland at the perfect price couldn't be any easier!
What is there to do in Iceland near my lakeside hotel?
Wherever your travels take you in Iceland, you'll find tons of fun things to explore here. Planning a stop in Reykjavik? National Museum of Iceland is a first-rate attraction to see while you're there.