Mastering Parking in Reykjavík, IS: Your Ultimate Guide to Stress-Free City Parking

  • Post by Noura Al-Farsi
  • 12th July, 2025
Reykjavík, IS

Everyday in Reykjavík, the city pulses with a rhythm all its own—a flash of red brake-lights threading through narrow streets, the busy beep of reversing sensors wrestling with tight spots, and the sweet relief dawning when you spot an open bay mere metres from the café you’ve coveted. Navigating parking here is as much a rite of passage as savouring fresh Icelandic pastries in a sunlit square. Whether you’re a first-timer or a seasoned visitor, understanding Reykjavík’s parking dance transforms the ordinary into an effortless urban adventure.

Quick Facts about Parking in Reykjavík, IS

  • Colour-coded street zones & hourly fees (March 2025): Red €3/hr, Yellow €2/hr, Green €1/hr
  • Average covered-garage rate (24 h): approx. ISK 3000 (€18) (Tourism Board, March 2025)
  • Free parking windows: Nights 7pm–8am; Sundays and public holidays all day
  • Main parking app: "Reykjavík Borgarparkering" plus a €0.30 service fee per transaction
  • Maximum on-street stay limit downtown: 2 hours (except Green zones)
  • Nearest park-and-ride hub: Smáralind Shopping Centre, 12 mins drive & shuttles every 15 mins

Why Drive & Park in Reykjavík, IS?

Driving in Reykjavík offers a rare blend of freedom and convenience, especially if you crave exploring beyond the charming city centre. It’s your ticket to flexibility—pop between museums, quirky shops, and volcanic landscapes at your own pace without waiting on timetable-bound buses. When I first climbed the cathedral tower and soaked up panoramic views, having a car meant I savoured the moment unhurried, parking close by without trail of maps or hurried bus routes.

Late-night safety also plays a role: unlike many capitals, Reykjavík’s roads remain well-lit and patrolled, meaning you can pick your favourite late-night eatery or local jazz bar without fretting about a tricky commute. Plus, with the blossoming network of park-and-ride options, you’re encouraged to drive partway—avoiding hectic centre traffic—and enjoy a swift shuttle into the heart of the city.

For day trips, driving is unbeatable. From whale watching in Faxaflói Bay to hiking Þingvellir National Park, you set your itinerary and timings. The freedom to park and linger, rather than punch clocks or pay hefty taxi fares, amps up your Icelandic adventure.

Street-Parking 101 in Reykjavík, IS

  1. Identify the zone colour: Look for street signs marking zones as Red, Yellow, or Green. Each dictates different hourly fees and maximum durations.
  2. Check pay-and-display machines: Most central streets have machines accepting coins and cards. Remember, cash is becoming rare, so bring your card or use the app.
  3. Set up the "Reykjavík Borgarparkering" app: Free to download — register your vehicle and payment details before arriving. You can pay remotely, extend parking time, and receive notifications.
  4. Purchase your ticket or pay via app: For machines, buy a printed ticket; for app users, confirm payment before leaving the vehicle.
  5. Display your ticket clearly: Place printed tickets face-up on your dashboard, visible through the windshield.
  6. Extending time: Use the app to add time without returning to the car—handy if your café detour lasts longer!
  7. Mind maximum stay limits: Rolling over time in Red zones isn’t permitted; plan accordingly.
  8. Exit etiquette: Leave the spot promptly before your paid time expires to avoid fines.

Garage & Lot Comparison

Location Max Headroom (m) 24 h Price (ISK) EV Chargers Overnight Security
Harpa Parking Garage 2.1 3200 (€19) Yes (8 bays) 24/7 CCTV & Guards
BSI Bus Terminal Lot 2.5 2800 (€17) Yes (4 bays) Overnight staff presence
Hlemmur Square Garage 2.0 3000 (€18) No Camera monitored
Smáratorg Multi-Storey 2.1 3500 (€21) Yes (12 bays) CCTV 24/7

Garages in Reykjavík tend to be reasonably priced compared to other Nordic capitals, offering solid security for overnight parking—a boon if you’re staying in the city or catching an early flight. For electric vehicles, Harpa and Smáratorg stand out with multiple charging bays, making them go-to spots for those keen on EV charging in Reykjavík, IS. Hlemmur’s central spot balances cost and convenience for quick trips.

Park-and-Ride Strategies

  • Smáralind Shopping Centre: 12 minutes from downtown by car; shuttle costs ISK 400 (€2.30) return; runs every 15 minutes.
  • Krýsuvík Trailhead Lot: Ideal for nature lovers; drive time 20 minutes plus shuttle; ISK 500 (€2.90) shuttle fare.
  • Vatnsmyri Park Hub: Close to university campus; 10 minutes drive; shuttle free of charge for registered users; 20-minute frequency.
  • Kringlan Mall Parking: 8 minutes to downtown; shuttle ISK 350 (€2); operates every 30 minutes.

Money-Saving Hacks for Parking in Reykjavík, IS

  • Apply for resident vouchers if you plan prolonged stays; these reduce street fees substantially in designated zones.
  • Grab early-bird garage rates by parking before 9am to save up to 30% on 24-hour fees.
  • Use “kiss-and-ride” lanes near transport hubs for quick drop-offs without parking charges.
  • Check if your hotel offers parking partnerships; many central spots have discounted rates with nearby garages.
  • Consider subscription parking apps allowing multiple top-ups at reduced service fees, ideal for repeat visits.

Avoiding Fines & Towing

Common infractions in Reykjavík include overstaying the maximum duration in Red zones, parking without activating payment via machine or app, and neglecting to display tickets clearly on dashboards. Camera enforcement is widespread, with automated number plate recognition scanning vehicles frequently for violations. Fines can escalate quickly, often costing upwards of ISK 10,000 (€60).

Towing tends to affect vehicles blocking emergency routes, disabled bays without permits, or illegally parked in highly restricted spots—especially near Harpa or hospital areas. If you’re pulled up behind a vehicle seemingly abandoned, it’s wise to double-check signage to avoid unexpected towing scenarios.

Reykjavík, IS

Electric-Vehicle Perks & Pitfalls

Public Chargers

Reykjavík boasts an expanding network of fast and regular public EV charging stations dotted near major garages and park-and-ride hubs. Use apps for real-time availability since demand spikes during colder months.

Dedicated EV Bays

Many city centre garages allocate reserved EV bays, but beware: some enforce strict maximum charging times to prevent bay hogging.

Idle-Fee Rules

Once charging finishes, you must move your vehicle promptly; otherwise, extra idle fees apply—sometimes double the parking rate—to keep spots flowing.

Hidden Pitfalls of Parking in Reykjavík, IS

  • Event-day surcharges around concert venues like Harpa—expect higher hourly fees and fewer available bays.
  • Motorcycle bays are sometimes confused with compact car spots; always check signage before parking.
  • Misleading signage in some mixed-use zones can cause novice drivers to pay fines—double-check zone colour and time limits.

Common Mistakes Drivers Make

  1. Not verifying the zone colour—always confirm to avoid inflated fees.
  2. Skipping app registration before arrival; this can delay payment and risk fines.
  3. Ignoring maximum time limits, especially in Red zones; plan your stay accordingly.
  4. Poor ticket placement, making them unreadable to enforcement officers.
  5. Assuming overnight free parking in all zones—only specific Green zones allow it.
  6. Failing to check for EV idle fees after charging ends.
  7. Using shuttle services without pre-buying tickets during peak seasons; buses may fill fast.
  8. Parking in motorcycle bays unintentionally, incurring fines.

Frequently Asked Questions

How do I pay for street parking in Reykjavík?

You can pay via the "Reykjavík Borgarparkering" app or buy tickets from nearby pay-and-display machines, which accept cards and coins.

Are there free parking options downtown?

Free parking is available during nights (7pm–8am), Sundays, and public holidays, primarily in Green zones. Outside these times, expect fees.

Can I park overnight on the street?

Overnight street parking is mostly restricted to Green zones; Red and Yellow zones typically prohibit stays past 7pm to ensure turnover.

Where can I find affordable garages with EV charging?

Harpa and Smáratorg garages offer good rates and multiple EV charging bays, suitable for overnight charging and secure parking.

Ready for Your Reykjavík Parking Adventure?

Parking in Reykjavík, IS need not be a puzzle. With a bit of knowledge, the right apps, and a few insider tips, you’ll glide through the city’s parking landscape like a local. Have you uncovered a secret parking gem or faced a tricky parking tale here? Share your stories or questions below—I love hearing from fellow travellers! Don’t forget to sign up for my newsletter for the latest parking tips across top cities worldwide.

Reykjavík night skyline with parked cars