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Parking in Reykjavík

Parking in Reykjavík

beautiful reykjavik city and hallgrimskirkja church

Ok, you’ve flown to Iceland, landed, got through the airport, picked up your rental car and found the hotel. There’s just one thing left to figure out – where and when do you park the car?

(Updated September 2022)

Where do I have to pay for parking in Reykjavík?

First of all, it’s probably worth looking into whether your hotel or guesthouse has parking lots for guests. The rule of thumb is that the only place that charges for parking is downtown Reykjavík. Basically, if you don’t see a blue “P” sign on the street or parking lot, you don’t have to pay anything.

In the city centre, different zones charge different rates, and generally the closer you get to Laugavegur high street, the more expensive it is.

Red and pink are area P1 and charge 385 ISK an hour at the time of this writing.
Blue is area P2, (except the parts that are water) which charges 200 ISK an hour.
Green is area P3, which charges 200 ISK per hour, 190 for the second hour, and 55 ISK an hour after that.
Orange is area P4 which also charges 200 ISK an hour but is only valid during weekdays.

Multi-storey car parking in Reykjavík

There are also several parking garages right downtown.

Kolaportið parking building on Kalkofnsvegur 1
the Vesturgata lot on the corner of Vesturgata and Mjóstræti
City Hall on Tjarnargata 11
Traðarkot on Hverfisgata 20
Stjörnuport on Laugavegur 94

A large underground parking garage has recently opened up next to Kolaportið. Known simply as Bílastaeðahús, its address is Kalkonsfnvegi 2 – but it is a quick turn-off from Geirsgata, across from Hafnartorg. It actually connects underground with the Harpa parking garage, so there is plenty of spots available.


Vitatorg on the corner of Skúlagata and Vitastígur

UPDATE – There is a LIVE OVERVIEW OF AVAILABLE PARKING SPOTS in Reykjavik’s parking houses on this mobile-friendly website:

The website is currently only available in Icelandic but here’s our guide to navigating it. It should be simple enough!

Parking in Reykjavik - live updates
Live parking updates – isn’t that amazing?!?

When do I have to pay for parking in Reykjavík?

It is always free to park after 6 pm and always free on Sundays unless you’re in a multi-storey parking lot.

Areas P1, P2 and P3 all charge from 9 am to 6 pm on weekdays, and from 10 am to 6 pm on Saturdays. Outside those hours, it is free.

Area P4 charges 8 am to 4 pm on weekdays only, after that and on weekends is free.

How do I pay for parking in Reykjavík? Do I need cash?

The old-fashioned coin-operated parking meters have all but disappeared from the city, though you can occasionally still find them around. Typically, there are central pay-and-display machines where you can use a credit card or coins.

If you only have a card, it’s worth keeping in mind that you can still use the pay-and-display ticket when you’re if you happened to come across a coin-operated meter. So if you can just walk around the corner to a pay-and-display machine, that’s one way to solve it. But it’s probably good to have some coins in your pocket just in case.

How do I use the parking pay-and-display machine?

The pay-and-display parking machines can be confusing – but it is really quite simple. Each machine has an English option, so look for the little button with the British flag, and the instructions will appear in English.

The main thing you need to know is the license plate number of your vehicle. Generally, this is a five-digit combination of numbers and letters. This is the first thing you punch in, and this is how the Parking Service workers keep track of how long your car has been parked.

Next, you choose whether you will pay with either coins or with a card. Then you use the plus (+) and minus (-) buttons to choose how long you wish to park. The price will appear. After confirming this, you will be asked to pay. When paying by card, be patient! These machines take some time to complete the transaction.

Once the payment is accepted, you should receive a message that says ‘samþykkt’ which is Icelandic for ‘approved.’ You can then choose whether it should print your receipt. You don’t need to display it in your vehicle, but it could be handy to have just in case.

Remember: Most of Iceland is laid back and chill – but not the parking service. They are known for their punctuality, so double-check your times!

Visit our tour information centres for more tips and info!

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