There are a number of shops and supermarkets in Lakselv, as well as private and public sector services that cater for the village and its surrounding settlements. Lakselv Church is located in the central part of the village.
The area is popular for salmon, trout, Arctic char, and grayling fishing throughout the summer months in the Lakselva river which runs through the village. There are also great hiking opportunities in the surrounding arctic wilderness, including in Stabbursdalen National Park just west of the village.