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

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Check availability on Iceland Lakeside Hotels

Our top choices for Iceland hotels on the lake

Superior Apartment | Desk, blackout curtains, soundproofing, free WiFi

1. Icelandic Apartments by Heimaleiga

Icelandic Apartments by Heimaleiga
4.0 star property
Kópavogur
9.2 out of 10, Wonderful, (1,224 reviews)
"Very secure and quiet building. Convenient to small bistros, grocery and transit system. Nice and clean accommodations."
United States
Shawn
The price is ฿3,941
฿7,115 total
includes taxes & fees
8 Sept - 9 Sept
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, (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
The price is ฿20,652
฿23,139 total
includes taxes & fees
22 Aug - 23 Aug
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
The price is ฿9,380
฿10,628 total
includes taxes & fees
1 Sept - 2 Sept
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, (44 reviews)
"Very, very nice, modern hotel! Would definitely stay again if in the area."
United States
Mary
The price is ฿4,385
฿5,082 total
includes taxes & fees
30 Aug - 31 Aug
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, (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
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, (848 reviews)
"It was great to stay there"
Germany
Thomas
The price is ฿13,282
฿14,958 total
includes taxes & fees
12 Sept - 13 Sept
Fosshotel Myvatn
Lounge

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
The price is ฿8,309
฿9,439 total
includes taxes & fees
18 Sept - 19 Sept
Hótel Laxá
Exterior

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
The price is ฿9,452
฿10,707 total
includes taxes & fees
20 Aug - 21 Aug
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

Hotel Reykjavik Saga

Hotel Reykjavik Saga

10/10 Excellent
"We were very satisfied with our recent five-day stay at Hotel Reykjavik Saga. It’s a fantastic hotel conveniently located in the heart of Reykjavik. It’s within walking distance of great restaurants, museums, parks, stores, and the harbor. We found it charming that we could hear the bells from a nearby cathedral pealing at the top of every hour. Our stay was wonderful. At check-in, Matteo of the Reception staff greeted us warmly. Upon learning that we were there for our 25th wedding anniversary, Matteo assigned us a nice room on the fifth floor with a beautiful view of Reykjavik and easy access to the sun deck. He also arranged to have our room decorated with two love birds made out of bath towels. Breakfasts were plentiful and delicious, featuring a variety of hot and cold dishes and quite a few delicious Icelandic specialties. The breakfast staff was cheerful, courteous, and helpful. We enjoyed using the dry sauna, cold bath tub, and shower area. Unfortunately, the steam sauna was out of order. Overall, we had a very pleasant stay at Hotel Saga. We highly recommend this hotel to all travelers planning a trip to the beautiful city of Reykjavik."
Peter 5-night trip
Posted 1 hour ago
Hotel Reykjavik Saga

Frequently asked questions

How much do lakeside hotels in Iceland cost?
Lakeside hotels in Iceland range between ฿5,082 and ฿23,139 per night. This means you can get excited for a holiday 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 organise 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.