The area around the University of Akureyri — student-oriented, with affordable flats, a young international atmosphere, and a library and sports facilities on the doorstep.

Last updated March 2026

Overview🏙️Reykjavík 🏔️Akureyri

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Þórunnarstrætissvæðið (University Quarter) at a Glance

Budget-Friendly

Cost Level

ISK 110,000–ISK 170,000/month (~$800–$1,230)

Rent Range

Very safe — student community, well-maintained campus area

Safety

200+ Mbps fiber; university WiFi available

Internet

Who Lives in Þórunnarstrætissvæðið (University Quarter)?

University students (Icelandic and international), visiting researchers, young professionals.

StudentsAcademicsYoung budget expats

Living in Þórunnarstrætissvæðið (University Quarter) — Practical Details

Walkability

Good — university campus, library, and sports facilities walkable; town 10 min walk

Grocery & Food Access

Moderate — campus cafeteria and small shops; supermarkets in town centre (10 min walk)

Getting Around

Walking to town centre (10 min)
Local bus
University shuttle during term

Nearby Coworking

Akureyri Public Library
University library and study spaces

Insider Tips for Þórunnarstrætissvæðið (University Quarter)

1University of Akureyri has a strong international exchange programme — the social scene is surprisingly diverse
2Student housing is the cheapest accommodation in Akureyri — ISK 80,000–120,000/month for shared flats
3The university library is an excellent free workspace with fast WiFi and mountain views
4Join the Stúdentafélag (student union) for social events, sports, and the cheapest bar in northern Iceland

FAQ — Þórunnarstrætissvæðið (University Quarter), Akureyri

What is Þórunnarstrætissvæðið (University Quarter) like for expats?

Þórunnarstrætissvæðið (University Quarter) is a budget-friendly neighborhood in Akureyri. The area around the University of Akureyri — student-oriented, with affordable flats, a young international atmosphere, and a library and sports facilities on the doorstep. Best for: Students, academics, and young expats wanting affordable, sociable living near the university.

How much does it cost to live in Þórunnarstrætissvæðið (University Quarter), Akureyri?

Þórunnarstrætissvæðið (University Quarter) is classified as "Budget-Friendly" in Akureyri. Typical rent: ISK 110,000–ISK 170,000/month (~$800–$1,230). Total monthly budget in Akureyri: ISK 350,000–530,000.

Is Þórunnarstrætissvæðið (University Quarter) safe for expats?

Very safe — student community, well-maintained campus area

Who lives in Þórunnarstrætissvæðið (University Quarter)?

University students (Icelandic and international), visiting researchers, young professionals.

Other Neighborhoods in Akureyri

Miðbær (Town Centre)

Higher-End

Akureyri's compact downtown — Kaupvangsstræti high street, the iconic botanical garden (northernmost in the world), Akureyrarkirkja church, and the best restaurants and cafés in northern Iceland. Small but surprisingly complete.

Glerárhverfi

Mid-Range

Residential western district along the Glerá river; mix of older houses and modern apartment blocks; peaceful and green with easy access to hiking trails and the swimming pool complex.

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