DLTK's Norse Mythology and Viking Legends
Children of Odin

The Children of Odin is a collection of Norse myths suitable for children that are also enjoyable for adults interested in learning more about Viking legends. The collection was written by Padraic Colum in 1920 and I've slightly modified a few of the stories to make them more appropriate for modern children.

The black and white images are drawn by myself and often link to coloring pages if you click on them.

The myths make a bit more sense when you read them from start to finish (rather than picking and choosing them out of order). If you just want a fun myth to read as a "stand alone story", How Thor and Loki Fooled Thrym the Giant is a favorite with kids of all ages (Loki convinces Thor to dress up as a bride, hehe).

The Valkyrie is another interesting Viking legend that can be understood on its own, though it's a more serious story -- it's also an interesting myth because of its small similarities to the fairy tale Sleeping Beauty.

Otherwise, just start reading them in order starting with Far Away and Long Ago and by the end you'll have a pretty good understanding of the characters in Norse mythology.
 

The Dwellers in Asgard:

Far Away and Long Ago

The Building of the Wall

How Loki Put the Gods in Danger - Iduna and Her Apples

How Loki Wrought Mischief in Asgard - Sif's Golden Hair

How Brock the Dwarf Brought Judgement on Loki - The Forging of Mjolnir

How Freya Gained Her Necklace

How Frey Lost His Magic Sword

Heimdall and Little Hnossa - How All Things Came to Be

The All-Father's Forebearings: How Odin Leaves Asgard

 

Odin the Wanderer:

Odin Goes to Mimir's Well: His Sacrifice for Wisdom

Odin Faces an Evil Man

Odin Wins for Men the Magic Mead

Odin Tells to Vidar, His Silent Son, the Secret of His Doings

Thor and Loki in the Giant's City

How Thor and Loki Fooled Thrym the Giant
(How Loki Convinces Thor to Dress Like a Bride)

Aegir's Feast: How Thor Triumphed

The Dwarf's Hoard and the Curse that it Brought

 

The Witch's Heart:

Foreboding in Asgard

Loki the Betrayer

Loki Against the Æsir

The Valkyrie

The Children of Loki

Baldur's Doom

Loki's Punishment

 

The Sword of the Volsungs and the Twilight of the Gods:

Sigurd's Youth

The Sword Gram and the Dragon Fafnir

The Dragon's Blood

The Story of Sigmund and Signy

The Story of Sigmund and Sinfiotli

The Vengeance of the Volsungs and the Death of Sinfiotli

Brynhild in the House of Flame

Sigurd at the House of the Nibelungs

How Brynhild was Won for Gunnar

The Death of Sigurd

Ragnarok: Twilight of the Gods