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Tourism is the main sector of incomes for Iceland since 2013. The country expects over a million visitors for 2014 and in the last decade the number of guest houses, hostels and bed and breakfast has tremendously increased both in the capital and around the country.
First of all, it’s important to know that there’s quite a difference between high season and low season in Iceland and prices will be lower between October and March. Reykjavík has different options for cheap short-term accommodation while you look for a permanent apartment or room:
Accommodation outside Reykjavík
For those looking for long term accommodation, it is known that houses for rent in Reykjavík are quite expensive compare to the general life of the city. Besides the capital, the rest of the country is very affordable when it comes to housing, remember that the more isolated you are, the cheaper. Finding an apartment, a room or a studio in Reykjavík 101 (The downtown area) can be quite challenging. There are not many offers and these disappear quite fast. If you are an exchange student, you might want to check the housing the the University of Iceland provides (see link at the end of the page)
This article was written by Celia Haro Ruiz for Eurodesk Iceland