Street parking overnight
Can be the cheaper answer if the paid period has ended and the exact street allows it. You still need to check the signs and the zone rules carefully.
Overnight Parking
The biggest overnight mistake in Reykjavik is assuming street parking and parking garages follow the same night logic. They do not. Street zones may become free outside paid hours depending on the zone and day, while garages often keep charging on their own tariff schedule.
If your hotel does not include parking, compare the full overnight garage cost against a legal street option before choosing what feels easiest. For a one-night stay with luggage, a garage can still be worth it. For a longer stay where the car will barely move, the price difference can matter much more.
Can be the cheaper answer if the paid period has ended and the exact street allows it. You still need to check the signs and the zone rules carefully.
Often the easiest answer, especially downtown, but not automatically the cheapest because many garages keep charging overnight.
Use a garage when simplicity matters most. Use street parking when the car will sit still and the legal overnight option is clear.
Never assume “night = free” until you know whether you are talking about a street zone or a garage. That single misunderstanding is where many tourists overpay.