Student Housing in Reykjavik

While Iceland's winters are cold, summers are mild, offering opportunities to explore natural pools and the island’s spectacular landscapes.

Wondering how to find cheap accommodation in Reykjavik? In this article, we’ll provide tips for finding student accommodation in Reykjavik. Start your search early, as prices tend to rise as the school year approaches.

Student apartments for rent in Reykjavik

Reykjavik is a popular choice among international students, which leads to a high demand for rental apartments in the city. While there are many options outside the city centre, be aware that public transport isn’t as extensive as in other European cities.

Studio flats in this city start at around €520 per month. You can also find larger options, like a four-bedroom apartment starting at €700 per month, in neighbourhoods farther from the centre. Use the Erasmus Play search engine to compare verified rental listings, view the images, check their locations, and other features. Once you find the ideal place, you can book it 100% online securely to ensure no one else rents it before you.

Student rooms for rent in Reykjavik

Renting a room in a shared apartment is a popular choice among students moving to Reykjavik, as it helps save on rental costs and expenses.

In this Icelandic city, you can find both private rooms and shared ones for two people. Most rooms usually come with a closet and a desk for comfortable studying.

The price of a private room in a shared flat in Reykjavik starts at €390 per month, with the average ranging between €550 and €600 per month. Shared rooms typically begin at around €400 per month, with an average price of €480 per month.

Student accommodation in Reykjavík

Many students move to Reykjavík every year, looking for well-priced, furnished accommodation close to the universities. Here are some of the best neighbourhoods to live in Reykjavik as a student:

Apartments in Miðborg

This neighbourhood is the centre of Reykjavík, buzzing with energy thanks to its numerous bars, restaurants, and attractions like the Sun Voyager sculpture and Hallgrimskirkja church. Studio apartments here start at €710 per month, with an average price of €1300 per month. If you’re looking for a shared flat with two bedrooms, prices start at €1550, with an average price of €1700.

Apartments for rent in Vesturbær

Vesturbær is a quiet residential area located next to the city centre. It has easy access to bars and restaurants while maintaining a peaceful atmosphere. Studio apartments here usually cost around €700 per month, and usually come with a closet, desk, heating, and a washing machine. You can also find two-bedroom apartments for approximately €1300 and three-bedroom apartments for about €1620 per month.

Rooms for rent in Laugardalur

Laugardalur is a residential area a bit far from the city centre but well connected by public transport. Here you’ll find attractions like the outdoor swimming pool, zoo, and botanical garden.

Rooms here typically come with a closet and desk, and the flats have a fully equipped kitchen, TV, internet, and washing machine. Prices start at €390 per month, having an average cost of around €450 per month.

Erasmus accommodation near the universities of Reykjavik

Most students who move to Reykjavik choose one of these two universities:

Reykjavik University

This institution is the largest private university in Iceland, offering amenities like a gym, cinema, restaurant, and library. It’s located south of the Miðborg neighbourhood, which is the city centre. Students attending this university often look for student housing in Hlíðar, Suðurhlíðar, or Háaleiti.

If you want to find convenient housing close to Reykjavik University, check out this article.

University of Iceland

The University of Iceland is the country’s largest and oldest institution. Its campus is in Vesturbær, which is a popular area among students. Because it’s close to the university, Vesturbær and the city centre are great options for finding student accommodation near campus. In this other article you'll find more details about this topic, while through this link you can check out all its faculties.

University residence in Reykjavik

Reykjavik student residences, also known as Guesthouses, usually cost about the same as renting a room in a shared apartment. In these residences, you typically have to share the bathroom and the kitchen with other students.

Frequently Asked Questions about living in Reykjavik