Short answer
Downtown street parking is split into four zones. P1 is the expensive core (660 kr/h, 3 hours max). P3 is the value pick for a long visit (240 kr/h for two hours, then 70 kr/h). Outside paid hours, street parking in every zone is free.
Prices and paid hours
| Zone | Weekdays | Weekends | Price |
|---|---|---|---|
| P1 max 3 h | 9:00–21:00 | 10:00–21:00 | 660 kr / h |
| P2 | 9:00–21:00 | 10:00–21:00 | 240 kr / h |
| P3 | 9:00–18:00 | Free | 240 kr / h for 2 h, then 70 kr / h |
| P4 | 8:00–16:00 | Free | 240 kr / h |
Source: Reykjavík Parking Service (Bílastæðasjóður), last published tariffs. The city is reviewing zones and hours in 2026 — see what's changing.
Which zone should you pick?
Picking something up, a coffee, a 30-minute errand. Convenience parking, not value parking — and you can't stay more than 3 hours.
Close to the shopping streets at a third of the P1 price. A good compromise for one or two hours.
Lunch, shopping, a museum. After two hours the rate drops to 70 kr/h, so a full day costs little. Free after 18:00 and all weekend.
Weekday daytime parking further out. Free after 16:00 and at weekends.
What will it cost?
Slide to your length of stay to compare every zone and garage at once.
Cost calculator
How much will I pay?
Assumes the whole stay falls inside paid hours. Street parking is free outside them; garages charge every hour they hold your car. The sign on your block always wins.
How to tell which zone you're in
Each paid street has a sign and a pay machine showing its zone (P1, P2, P3 or P4) and the paid hours. Parking apps also detect the zone from your location, but always check that the zone shown in the app matches the sign. If the sign and the app disagree, the sign wins.
If a street has no paid-parking sign and no other restriction, parking there is generally free. Residential areas just outside the zones often have no charge at all — which is why a five-minute walk can save you the whole fee.
Disability parking cards and residents
Holders of a disability parking card (P-kort) can register their car on the city's parking website so they aren't charged by mistake in paid spaces. Residents' permits (íbúakort) only apply to their own area and don't help visitors.
Related guides
Is parking free at night?
When each zone stops charging.
Read →City garages
Often cheaper than P1 and P2 for a few hours.
Read →Paying & apps
Parka, EasyPark and the mistakes to avoid.
Read →Independent guide, not affiliated with the City of Reykjavík. Spotted something out of date? Tell us.