Hotels on the Lake in Iceland from $139

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Top Cities in Iceland

Reykjavik
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Reykjavik

Reykjavik
Dyrholaey showing rocky coastline as well as a large group of people
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Vik I Myrdal

Vik I Myrdal

Check availability on Iceland Hotels on the Lake

Tonight
Dec 5 - Dec 6
Tomorrow
Dec 6 - Dec 7
This weekend
Dec 5 - Dec 7
Next weekend
Dec 12 - Dec 14

Pick from 39 Iceland Hotels on the Lake with updated room rates, reviews, and availability. Most hotels are fully refundable.

Comfort Apartment | View from room
Icelandic Apartments by Heimaleiga

Icelandic Apartments by Heimaleiga

4.0 star property
Kópavogur
9.2 out of 10, Wonderful, (1195)
"The view was amazing "
Canada
Samuel
$174 nightly
The price is $191
Dec 14 - Dec 15
Total with taxes and fees
Icelandic Apartments by Heimaleiga
Bar (on property)
Hotel Gígur by Keahotels

Hotel Gígur by Keahotels

3.0 star property
Myvatn
7.4 out of 10, Good, (143)
"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
Terrace/patio
Magma Hotel

Magma Hotel

3.0 star property
Kirkjubaejarklaustur
9.8 out of 10, Exceptional, (403)
"Great place "
United States
Alona
$252 nightly
The price is $286
Jan 3 - Jan 4, 2026
Total with taxes and fees
Magma Hotel
Superior Suite, Lake View | Individually decorated, individually furnished, desk, laptop workspace
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, (656)
"Excellent hotel. Great beds, shower, room, location"
United States
Saritha
$182 nightly
The price is $209
Dec 7 - Dec 8
Total with taxes and fees
Hotel Kriunes - A city hotel by the lake
Interior
The Northern Comfort Inn

The Northern Comfort Inn

3.0 star property
Olafsfjordur
8.6 out of 10, Excellent, (41)
"Nice spot for a quick over night . Owner was very attentive and made us feel secure and welcome. "
United States
Ivana
$121 nightly
The price is $141
Dec 10 - Dec 11
Total with taxes and fees
The Northern Comfort Inn
Sports facility
Hotel Edda Egilsstadir

Hotel Edda Egilsstadir

2.0 star property
Egilsstaðir
7.4 out of 10, Good, (218)
"Room were fairly comfortable and relatively spacious for a quick stay "
United States
Aleem
Hotel Edda Egilsstadir
View from property
Guesthouse Hvítá

Guesthouse Hvítá

2.5 star property
Borgarnes
8.6 out of 10, Excellent, (129)
"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
Sauna
Fosshotel Myvatn

Fosshotel Myvatn

4.0 star property
Myvatn
9.4 out of 10, Exceptional, (764)
"Great stay, beautiful views, spacious comfortable rooms, and food was great, definitely recommend "
United Kingdom
Luciana
Fosshotel Myvatn
Terrace/patio
Hótel Laxá

Hótel Laxá

3.0 star property
Myvatn
9.2 out of 10, Wonderful, (779)
"Really nice hotel, clean, modern and great restaurant. Best beef tenderloin! Breakfast was delicious as well. "
Canada
Kourtney
Hótel Laxá
Daily buffet breakfast (ISK 4050 per person)
Vogafjós Guesthouse

Vogafjós Guesthouse

2.0 star property
Myvatn
9.2 out of 10, Wonderful, (515)
"Great accommodation in rustic cabins with a fantastic restaurant. "
United States
Florian
$120 nightly
The price is $139
Dec 12 - Dec 13
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

Alda Hotel Reykjavik

Alda Hotel Reykjavik

10/10 Excellent
"Great location with easy access to bus stop from airport and downtown. Rooms were great and staff wonderfully helpful. Highly recommended for this price point."
Phillip Lyn 4-night trip
Posted 2 days ago
Alda Hotel Reykjavik

Frequently asked questions

How much do lakeside hotels in Iceland cost?
Lakeside hotels in Iceland range between $139 and $286 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.