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

Hotels on the Lake in Iceland from $150

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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

Superior Apartment | Desk, blackout drapes, soundproofing, WiFi (free)

1. Icelandic Apartments by Heimaleiga

Icelandic Apartments by Heimaleiga
4.0 star property
Kópavogur
9.2 out of 10, Wonderful, (1,221 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
$205 nightly
The price is $226
Sep 8 - Sep 9
Total with taxes and fees
Icelandic Apartments by Heimaleiga
Breakfast served

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
Porch

3. Magma Hotel

Magma Hotel
3.0 star property
Kirkjubaejarklaustur
9.8 out of 10, Exceptional, (423 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
$610 nightly
The price is $685
Sep 1 - Sep 2
Total with taxes and fees
Magma Hotel
Dining

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
$283 nightly
The price is $321
Sep 1 - Sep 2
Total with taxes and fees
Hotel Kriunes - A city hotel by the lake
Interior

5. The Northern Comfort Inn

The Northern Comfort Inn
3.0 star property
Olafsfjordur
8.6 out of 10, Excellent, (43 reviews)
"Very, very nice, modern hotel! Would definitely stay again if in the area."
United States
Mary
$129 nightly
The price is $150
Aug 29 - Aug 30
Total with taxes and fees
The Northern Comfort Inn
Daily buffet breakfast for a fee

6. Hotel Edda Egilsstadir

Hotel Edda Egilsstadir
2.0 star property
Egilsstaðir
7.4 out of 10, Good, (253 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
View from property

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
Sauna

8. Fosshotel Myvatn

Fosshotel Myvatn
4.0 star property
Myvatn
9.4 out of 10, Exceptional, (842 reviews)
"It was great to stay there"
Germany
Thomas
$401 nightly
The price is $451
Sep 12 - Sep 13
Total with taxes and fees
Fosshotel Myvatn
Lounge

9. Hótel Laxá

Hótel Laxá
3.0 star property
Myvatn
9.2 out of 10, Wonderful, (818 reviews)
"Beautiful spot. The hotel has an aura of being a part of the landscape. Great staff."
United States
MARY
$264 nightly
The price is $300
Sep 6 - Sep 7
Total with taxes and fees
Hótel Laxá
Exterior

10. Vogafjós Guesthouse

Vogafjós Guesthouse
2.0 star property
Myvatn
9.2 out of 10, Wonderful, (531 reviews)
"Kindness, friendliness & effectiveness of stuff, level of organization, tidiness and maintenance of the property and guest room, as well as the restaurant were all beyond our expectations. Dinner was great, especially the special for two: taste and freshness went together that left us deep impression."
United States
Po
$285 nightly
The price is $323
Aug 15 - Aug 16
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
"Was clean and priced great for our stay"
Dan Donna 1-night trip
Posted less than an hour ago
CityHub Reykjavik

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Frequently asked questions

How much do lakeside hotels in Iceland cost?
Lakeside hotels in Iceland range between $150 and $685 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.