There are two parking options for the Ryten/Kvalvika hike in Lofoten, Norway. The first is a paid lot at Innersand, costing 100 NOK with overnight stay fees. It offers facilities like toilets and fresh water. The second option is free parking near Fredvang School, about 2 km away from the trailhead. While it saves money, it adds an hour to the hike and doesn't allow overnight parking. So, choose wisely based on your preferences and budget!