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Cheap hotels in Reykjavík

Find the cheap hotels that appeal to you the most

The best cheap hotels in Reykjavík

Check out our selection of great cheap hotels in Reykjavík

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CityHub Reykjavik

Hotel in Reykjavík 101, Reykjavík

Central Location: CityHub Reykjavik is located in the city center of Reykjavík, offering easy access to key attractions.

C
Carlos Augusto
From
Brazil
Really liked JF and Julia, how they were helpful. The rooms are very nice, a little noise, but very good
Scored out of 10, guest rating 9.0
Wonderful - What previous guests thought, 1,031 reviews
Price from
$117.29
1 night, 2 adults

Nordic Hostel

Reykjavík 101, Reykjavík

Nordic Hostel is well located in Reykjavík, and features a shared lounge, free WiFi and a bar.

A
Ashok
From
India
As someone who was traveling alone for the first time, I was anxious to book this hostel since it was new and had very few reviews. But it turned out great. Loved the hostel ambiance, bed, bathrooms were clean, people were respectful to each other, the receptionists were helpful. If you're traveling to Reykjavik via bus or cab, use the landmark as Bus Stop #9 or #13, as the hostel is very close to it. Use the same bus stop for your tours. The famous church is just 5 min walk from the hostel. There's a fast food restaurant right next to the hostel which was great to grab a quick bite to eat.
Scored out of 10, guest rating 9.3
Wonderful - What previous guests thought, 916 reviews
Price from
$109.96
1 night, 2 adults

Apartments Reykjavik

Vesturbær, Reykjavík

Apartments Reykjavik in Reykjavík provides adults-only accommodations with a garden and barbecue facilities. With garden views, this accommodation features a patio.

L
Luka
From
France
Positioning of the apartment near groceries, great location, clean stay place and generally everything.
Scored out of 10, guest rating 8.8
Excellent - What previous guests thought, 1,376 reviews
Price from
$126.34
1 night, 2 adults

Day Dream Vesturgata 17 Reykjavik

Vesturbær, Reykjavík

Offering quiet street views, Day Dream Vesturgata 17 Reykjavik in Reykjavík provides accommodations and a terrace. Featuring mountain and city views, this condo hotel also features free Wifi.

E
Elzbieta
From
Germany
we enjoyed the stay and the location was just perfect. We can highly recommend this place. Thank you!
Scored out of 10, guest rating 8.0
Very Good - What previous guests thought, 1,153 reviews
Price from
$130.10
1 night, 2 adults

Hostel B47

Reykjavík 101, Reykjavík

Located in Reykjavík, 1.6 miles from Nauthólsvík Geothermal Beach, Hostel B47 has accommodations with a garden, free private parking, a shared lounge and a terrace.

Y
Yury Lagorskiy
From
Poland
Location is super, staff is cool
Scored out of 10, guest rating 8.0
Very Good - What previous guests thought, 5,047 reviews
Price from
$124.07
1 night, 2 adults

Icelandic Apartments by Heimaleiga

Kópavogur, Reykjavík

Icelandic Apartments includes 40 beautifully designed rooms and stunning views from shared balconies and some rooms. All our apartments are fully equipped for 2 or 4 guests with kitchen.

K
Konrad
From
Poland
Quiet, clean, comfortable. Happy to have picked Icelandic Apartments. A great place with the added bonus of a free car park. Thank you!
Scored out of 10, guest rating 8.7
Excellent - What previous guests thought, 2,602 reviews
Price from
$139.10
1 night, 2 adults

Blue Mountain Apartments by Heimaleiga

Kópavogur, Reykjavík

Blue Mountain Apartments by Heimaleiga provides modern self-catering accommodations in Kópavogur. WiFi and parking are free. Smáralind Shopping Center is 2.4 mi away.

g
garcia
From
Trinidad and Tobago
Loved the contactless check in and out. Apartment was very spacious and comfortable.
Scored out of 10, guest rating 8.7
Excellent - What previous guests thought, 1,767 reviews
Price from
$146.12
1 night, 2 adults

KEX Hostel and Hotel

Reykjavík 101, Reykjavík

Set just 820 feet from Laugarvegur shopping street, this central Reykjavik hostel offers guest rooms and dormitory rooms with free Wi-Fi access. Harpa Concert Hall is 0.6 mi away.

G
Guilherme Augusto
From
Brazil
Awesome location, great staff, great bathrooms, very good beer and food.
Scored out of 10, guest rating 8.0
Very Good - What previous guests thought, 4,525 reviews
Price from
$127.20
1 night, 2 adults

Bus Hostel Reykjavik

Reykjavík East, Reykjavík

Located in Reykjavík, 1.2 miles from Nauthólsvík Geothermal Beach, Bus Hostel Reykjavik provides accommodations with a shared lounge, free private parking, a terrace and a bar.

F
FrankQuintino
From
Portugal
Everything. Is very close to the center and a good point if you hire a tour.
Scored out of 10, guest rating 8.1
Very Good - What previous guests thought, 3,789 reviews
Price from
$130.90
1 night, 2 adults

Loft - HI Eco Hostel

Reykjavík 101, Reykjavík

Featuring a lounge, bar and a rooftop terrace with a city view, this eco-hostel is just a few steps away from Laugavegur, Reykjavík's main social hub.

A
Amy
From
Singapore
The staff were helpful and attentive. The entire hostel was clean including the double bedroom. Check-in instructions were clear and straight forward. If you like to hangout with people, the pub is the best place to head to at night at the top floor. It's a lively hostel. Just something to take note: - Required to remove bed linen before checking-out - Luggage storage available - Location is near rainbow street and bus stop 6 (good for airport bus and drop off)
Scored out of 10, guest rating 8.4
Very Good - What previous guests thought, 1,717 reviews
Price from
$203.62
1 night, 2 adults
All cheap hotels in Reykjavík

Looking for a cheap hotel?

For those trying to save, these fun, budget hotels still have lots to offer, from Wifi to convenient locations. Popular with backpackers, many properties are set in central areas and include comfortable rooms with private or shared bathrooms. You’ll also find loads of options that feature 24-hour front desks and luggage storage.

Most booked cheap hotels in Reykjavík and surrounding area in the past month

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Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.9
Excellent - What previous guests thought, 3,090 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.0
Very Good - What previous guests thought, 2,592 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.0
Very Good - What previous guests thought, 5,047 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.6
Excellent - What previous guests thought, 3,212 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.5
Very Good - What previous guests thought, 3,378 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.8
Excellent - What previous guests thought, 1,376 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.1
Very Good - What previous guests thought, 3,789 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 7.9
Good - What previous guests thought, 3,765 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.0
Very Good - What previous guests thought, 4,525 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.2
Very Good - What previous guests thought, 6,840 reviews

Enjoy breakfast in Reykjavík and nearby

Scored out of 10, guest rating 9.2
Wonderful - What previous guests thought, 551 reviews

Iceland Parliament Hotel, Curio Collection By Hilton features a fitness center, shared lounge, a restaurant and bar in Reykjavík.

From $293.38 per night
Scored out of 10, guest rating 9.0
Wonderful - What previous guests thought, 464 reviews

This hotel is located about 5 minutes' walk from Harpa Concert Hall. Reykjavik Konsulat Hotel, Curio Collection By Hilton in Reykjavík features a bath house and complimentary fitness center.

From $366.73 per night
Scored out of 10, guest rating 9.1
Wonderful - What previous guests thought, 855 reviews

Hotel Reykjavík Saga features a fitness center, garden, a terrace and restaurant in Reykjavík. With free WiFi, this 4-star hotel offers room service and a 24-hour front desk.

From $312.26 per night
Scored out of 10, guest rating 8.9
Excellent - What previous guests thought, 2,740 reviews

Newly renovated during the spring of 2023, Hotel Local 101 is an independent hotel quietly tucked away in the heart of downtown Reykjavik, on a charming street made up of classical Icelandic homes.

From $172.88 per night

Exeter Hotel

Reykjavík
Breakfast options
Scored out of 10, guest rating 8.7
Excellent - What previous guests thought, 2,724 reviews

This contemporary design hotel is set in Reykjavík's Old Harbor area, 1640 feet from Harpa Concert Hall & Conference Center.

From $231.28 per night
Scored out of 10, guest rating 8.9
Excellent - What previous guests thought, 517 reviews

Located just a 2-minute walk from Laugavegur Shopping Street, Canopy by Hilton Reykjavik City Center in Reykjavík features a number of amenities including a fitness center and a bar.

From $251.66 per night
Scored out of 10, guest rating 8.6
Excellent - What previous guests thought, 3,212 reviews

Set in the popular 101 harbor district of Berjaya Reykjavik Marina Hotel offers free Wi-Fi access. All rooms include a flat-screen TV and either city or harbor views.

From $223.34 per night

Hotel Ódinsvé

Reykjavík
Breakfast options
Scored out of 10, guest rating 8.3
Very Good - What previous guests thought, 1,296 reviews

Hotel Odinsve is a quarter mile from Laekjartorg Square in central Reykjavik. It offers free Wi-Fi internet. All rooms have satellite TV, hardwood floors and a tea/coffee maker.

From $214.51 per night

Stay connected in Reykjavík and nearby. Cheap hotels with free Wifi

Scored out of 10, guest rating 8.4
Very Good - What previous guests thought, 22 reviews

Reykjavík Rainbow Guesthouse features rooms with free Wifi in the center of Reykjavík.

From $169.16 per night
Scored out of 10, guest rating 8.4
Very Good - What previous guests thought, 1,717 reviews

Featuring a lounge, bar and a rooftop terrace with a city view, this eco-hostel is just a few steps away from Laugavegur, Reykjavík's main social hub.

From $191.86 per night
Scored out of 10, guest rating 9.2
Wonderful - What previous guests thought, 604 reviews

These luxury apartments in central Reykjavik are just 1148 feet from Old Reykjavik Harbor. Each features free WiFi, contemporary furnishings, an iPad and city-view balcony.

From $329.57 per night
Scored out of 10, guest rating 8.1
Very Good - What previous guests thought, 267 reviews

Odinn Reykjavik Skolavordustigur Apartments provides rooms in Reykjavík near Reykjavik Art Museum: Kjarvalsstadir and Laugavegur Shopping Street.

From $357.10 per night
Scored out of 10, guest rating 8.0
Very Good - What previous guests thought, 1,153 reviews

Offering quiet street views, Day Dream Vesturgata 17 Reykjavik in Reykjavík provides accommodations and a terrace. Featuring mountain and city views, this condo hotel also features free Wifi.

From $182.13 per night
Scored out of 10, guest rating 9.0
Wonderful - What previous guests thought, 6 reviews

Ranargata Apartments by Heimaleiga offers accommodations in Reykjavík, 2.3 miles from The Pearl and 1.2 miles from Laugavegur Shopping Street.

From $262.73 per night
Scored out of 10, guest rating 9.0
Wonderful - What previous guests thought, 2 reviews

Spacious 3Bedroom Apartment on Rainbow Street is located in Reykjavík, just 1.8 miles from The Pearl and 30 miles from Blue Lagoon. This apartment offers accommodations with a patio and free Wifi.

From $444.52 per night
Scored out of 10, guest rating 9.1
Wonderful - What previous guests thought, 341 reviews

Next Apartment Bergstadastræti offers modern, self-catering accommodations 656 feet from Laugavegur shopping street, in central Reykjavík. WiFi is free.

From $208.73 per night

Great access to the city center. Check these cheap hotels in Reykjavík and nearby

Scored out of 10, guest rating 8.1
Very Good - What previous guests thought, 27 reviews

Cozy Studio in Reykjavik is located in Reykjavík, just 2.1 miles from The Pearl and 30 miles from Blue Lagoon.

From $216.94 per night
Scored out of 10, guest rating 8.6
Excellent - What previous guests thought, 1,155 reviews

In a prime location in the Vesturbær district of Reykjavík, Refurinn Reykjavik Guesthouse is located a 17-minute walk from Hallgrímskirkja Church, one mile from Solfar Sun Voyager and 2.3 miles from...

From $147.44 per night
Scored out of 10, guest rating 7.9
Good - What previous guests thought, 359 reviews

Odinn Apartments is located in Reykjavík, 984 feet from Hallgrímskirkja Church and 2297 feet from Harpa Concert Hall & Conference Center.

From $433.65 per night
Scored out of 10, guest rating 9.2
Wonderful - What previous guests thought, 19 reviews

Luxury penthous - 3 BR - 2 Bath - FreeParking - Downtown is located in Reykjavík, just 1.6 miles from The Pearl and 30 miles from Blue Lagoon.

Scored out of 10, guest rating 8.8
Excellent - What previous guests thought, 358 reviews

Design apartments in the heart of Reykjavik enjoys a location in Reykjavík, 1.6 miles from The Pearl and 30 miles from Blue Lagoon.

From $343.45 per night

Hotel Frón

Reykjavík
Central location
Scored out of 10, guest rating 8.3
Very Good - What previous guests thought, 2,475 reviews

Conveniently located on Laugavegur shopping street central Reykjavik, Hotel Frón offers free Wi-Fi and rooms and apartments with private bathrooms. All apartments include kitchen facilities.

From $173.46 per night
Scored out of 10, guest rating 7.9
Good - What previous guests thought, 1,235 reviews

Just off the Laugavegur shopping street, Grettir Guest house features self-service check-in. This property is a 5-minute walk from Hallgrimskirkja Church. Free WiFi is available.

From $158.11 per night
Scored out of 10, guest rating 7.9
Good - What previous guests thought, 96 reviews

1.8 miles from Nauthólsvík Geothermal Beach in the center of Reykjavík, Downtown Reykjavík Baldursbrá Holiday Home offers accommodations with access to a garden.

From $549.29 per night

FAQ about cheap hotels in Reykjavík

Cheap hotels that guests love in Reykjavík

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Avg. price/night: $185.14
Scored out of 10, guest rating 8.7
Excellent - What previous guests thought, 905 reviews
Brilliant location close to Reykjavik!! There is a supermarket around the corner which is one of the cheaper ones in Iceland. Apartment was spotless with brilliant facilities including a kitchen we cooked 3 main meals in and had good facilities to do this. I would 1000% recommend this apartment complex to anyone visiting Reykjavik. We were even lucky enough to see the Northern lights from our balcony! It has everything you need and nothing seemed too much to ask. Thank you so much for having us!
Guest review by
chloe
Young couple
Avg. price/night: $111.33
Scored out of 10, guest rating 8.1
Very Good - What previous guests thought, 3,789 reviews
Location is quite OK - not far (on foot) from the BSI station and also from the city center - so ideal if you need to catch an early bus (like we needed), and of course - it's cheap. Showers/toilets were very clean.
Guest review by
Eva
Group