The 10 best cheap hotels in Reykjavík, Iceland | Booking.com
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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 pick of great cheap hotels in Reykjavík

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CityHub Reykjavik

Hotel in Reykjavík 101, Reykjavík

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

C
Claire Ko
From
Taiwan
The bed was the softest and most comfortable I’ve ever slept in, and the location was absolutely perfect. It was just a short walk to the bus stop, which made joining my three days of day tours incredibly convenient!
Scored out of 10, guest rating 8.9
Fabulous - What previous guests thought, 915 reviews
Price from
US$127.11
1 night, 2 adults
Check availability

Nordic Hostel

Reykjavík 101, Reykjavík

Nordic Hostel is well located in the centre of Reykjavík, and provides a shared lounge, free WiFi and a bar.

Y
Yuan-Ting
From
Taiwan
Very clean. Although there are lots of beds in a room, but each bed has its own curtain, locker, small table, sockets, towel. Very well equipped and privacy is good. Very comfortable bed. Showers and toilets are clean and with shampoo. Kitchen is clean. Public area is very cozy. Laundry service is 1500ISK. Staff is very friendly. The location is good. Close to main Laugavegur street. 15min walk to BSI bus terminal. Can’t complain anything.
Scored out of 10, guest rating 9.3
Superb - What previous guests thought, 852 reviews
Price from
US$120.61
1 night, 2 adults
Check availability

Lara Studio in Laugardalur valley, Reykjavík Central Park and Botanical Garden, Private entrance, FREE Private Parking on side

Reykjavík East, Reykjavík

Situated in Reykjavík and only 4.5 km from The Pearl, Lara Studio in Laugardalur valley, Reykjavík Central Park and Botanical Garden, Private entrance, FREE Private Parking on side features...

M
Michael
From
Australia
Warm and cosy, well maintained and had a fantastic selection of tea and coffee!
Scored out of 10, guest rating 9.5
Exceptional - What previous guests thought, 148 reviews
Price from
US$248.09
1 night, 2 adults
Check availability

Iceland SJF Apartments - 201

Reykjavík East, Reykjavík

Set in Reykjavík, 2.9 km from Nauthólsvík Geothermal Beach and 1.3 km from Solfar Sun Voyager, Iceland SJF Apartments - 201 offers air-conditioned accommodation with a balcony and free WiFi.

W
William
From
United Arab Emirates
The owner was very clear about the arrival, conditions and services of the apartment. Everything was as stated.
Scored out of 10, guest rating 9.6
Exceptional - What previous guests thought, 121 reviews
Price from
US$401.17
1 night, 2 adults
Check availability

Iceland SJF Apartments - 503

Reykjavík East, Reykjavík

A recently renovated apartment set in the Reykjavík East district of Reykjavík, Iceland SJF Apartments - 503 offers accommodation with with a garden, parking on-site and free WiFi.

K
King Shung
From
Singapore
Seamless check-in process, clean and spacious apartment with a fully equipped kitchen and close proximity to the city centre. We would certainly stay here again should we return to Reykjavik!
Scored out of 10, guest rating 9.3
Superb - What previous guests thought, 133 reviews
Price from
US$506.74
1 night, 2 adults
Check availability

Iceland SJF Apartments - 401

Reykjavík East, Reykjavík

Situated in Reykjavík, 2.9 km from Nauthólsvík Geothermal Beach and 1.4 km from Solfar Sun Voyager, Iceland SJF Apartments - 401 features air-conditioned accommodation with a balcony and free WiFi.

A
ALEKSANDRS
From
Latvia
The apartment is perfectly located not far from city center in the direction of starting car trips to main attractions, so it takes less than 10 minutes to get out of the city. There are few good restaurants, bars, a food court, some stores and quick pizza to go within 5 minutes walking. The parking is always available just near the building or on the opposite side of the road. The host arranged early check-in on our request, he provided all the necessary info about the apartment and the equipment, which made our stay convenient from very beginning. The apartment is new, very clean and has all the necessary equipment. Just perfect, thank you.
Scored out of 10, guest rating 9.6
Exceptional - What previous guests thought, 179 reviews
Price from
US$401.17
1 night, 2 adults
Check availability

Lundur Apartments - Down Town

Reykjavík 101, Reykjavík

Ideally set right in the centre of Reykjavík, Lundur Apartments - Down Town is a recently renovated apartment, featuring free WiFi and private parking.

K
Kongjing
From
Belgium
The apartment is very clean and very comfortable. The kitchen is well equipped with quality utensils.
Scored out of 10, guest rating 9.1
Superb - What previous guests thought, 124 reviews
Price from
US$484.57
1 night, 2 adults
Check availability

Center Apartments - Esja

Reykjavík East, Reykjavík

2.8 km from Nauthólsvík Geothermal Beach, Center Apartments - Esja is situated in Reykjavík and features air-conditioned rooms with free WiFi. Guests staying at this apartment have access to a...

V
VITTORIO
From
Italy
Beautiful and new apartment with everything we needed. Very close to downtown and with free parking spaces outside. We had a wonderful stay!!
Scored out of 10, guest rating 9.0
Superb - What previous guests thought, 250 reviews
Price from
US$328.44
1 night, 2 adults
Check availability

Center apartments - Hekla

Reykjavík East, Reykjavík

Situated in Reykjavík, 2.8 km from Nauthólsvík Geothermal Beach and 1.4 km from Solfar Sun Voyager, Center apartments - Hekla features air-conditioned accommodation with a balcony and free WiFi.

R
Richard
From
United Kingdom
Perfect location, walking distance to the centre, market and excellent restaurant nearby, cosy, clean, perfectly equipped and parking free nearby.
Scored out of 10, guest rating 9.3
Superb - What previous guests thought, 152 reviews
Price from
US$295.60
1 night, 2 adults
Check availability

B 18-20 Apartments

Reykjavík East, Reykjavík

Offering city views, B 18-20 Apartments is set in the Reykjavík East district of Reykjavík, 2.8 km from Nauthólsvík Geothermal Beach and 1.4 km from Solfar Sun Voyager.

V
Vanna Valo
From
Germany
Everything was absolutely perfect! It's a charming and welcoming place, exactly as shown at the pictures and as described. Clean, lovely furnishings and a great location close to everything. Even if you're without a car, the main pickup spot for almost every Tour is just 500m walk away. Also at least two supermarkets are just around the corner, main shopping street about 3min to walk, and a lovely view at the mountains. We would definetly stay here again! 👍
Scored out of 10, guest rating 9.1
Superb - What previous guests thought, 308 reviews
Price from
US$294.54
1 night, 2 adults
Check availability
All cheap hotels in Reykjavík

Looking for a cheap hotel?

For those on a budget, these cheap and cheerful hotels still have a lot to offer, with most offering WiFi and convenient locations. Popular with backpackers, many properties can be found in central locations and include comfortable rooms with private or shared bathrooms. You’ll also find a number of options which feature a 24-hour front desk and luggage storage.

Most booked cheap hotels in Reykjavík and surroundings in the past month

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  • Popular with guests booking cheap hotels in Reykjavík

    Scored out of 10, guest rating 7.9
    Good - What previous guests thought, 3,380 reviews

  • Popular with guests booking cheap hotels in Reykjavík

    Scored out of 10, guest rating 8.5
    Very good - What previous guests thought, 3,466 reviews

  • Popular with guests booking cheap hotels in Reykjavík

    Scored out of 10, guest rating 8.0
    Very good - What previous guests thought, 2,580 reviews

  • Popular with guests booking cheap hotels in Reykjavík

    Scored out of 10, guest rating 8.4
    Very good - What previous guests thought, 4,465 reviews

  • Popular with guests booking cheap hotels in Reykjavík

    Scored out of 10, guest rating 8.4
    Very good - What previous guests thought, 3,823 reviews

  • Popular with guests booking cheap hotels in Reykjavík

    Scored out of 10, guest rating 8.1
    Very good - What previous guests thought, 5,058 reviews

  • Popular with guests booking cheap hotels in Reykjavík

    Scored out of 10, guest rating 7.9
    Good - What previous guests thought, 4,570 reviews

  • Popular with guests booking cheap hotels in Reykjavík

    Scored out of 10, guest rating 8.1
    Very good - What previous guests thought, 3,627 reviews

  • Popular with guests booking cheap hotels in Reykjavík

    Scored out of 10, guest rating 8.1
    Very good - What previous guests thought, 6,906 reviews

  • Popular with guests booking cheap hotels in Reykjavík

    Scored out of 10, guest rating 7.9
    Good - What previous guests thought, 3,777 reviews

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

  • Scored out of 10, guest rating 9.2
    Superb - What previous guests thought, 536 reviews

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

    From US$530.57 per night
  • Scored out of 10, guest rating 9.1
    Superb - What previous guests thought, 474 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 centre.

  • Scored out of 10, guest rating 9.1
    Superb - What previous guests thought, 811 reviews

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

    From US$427.68 per night
  • Scored out of 10, guest rating 8.1
    Very good - What previous guests thought, 289 reviews

    Located in the centre of Reykjavík, Day Dream Historical Grjótagata 4 provides rooms with free WiFi. The property has garden and city views, and is 1.2 km from Hallgrímskirkja Church.

    From US$343.92 per night
  • Scored out of 10, guest rating 8.5
    Very good - What previous guests thought, 18 reviews

    Reykjavík Rainbow Guesthouse, a property with a terrace, is located in Reykjavík, 3.3 km from The Pearl, 700 metres from Harpa Concert Hall & Conference Centre, as well as less than 1 km from...

    From US$203.96 per night
  • Scored out of 10, guest rating 8.4
    Very good - What previous guests thought, 1,705 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 US$200.31 per night
  • Scored out of 10, guest rating 9.2
    Superb - What previous guests thought, 590 reviews

    These luxury apartments in central Reykjavik are just 350 metres from Old Reykjavik Harbour. Each features free WiFi, contemporary furnishings, an iPad and city-view balcony.

    From US$468.03 per night
  • Scored out of 10, guest rating 8.7
    Fabulous - What previous guests thought, 786 reviews

    Situated minutes away from the city lake in central Reykjavík, Castle House Luxury Apartments is located next to the National Gallery of Iceland.

    From US$255.76 per night

Enjoy breakfast in Reykjavík and nearby

  • Scored out of 10, guest rating 8.9
    Fabulous - What previous guests thought, 2,754 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 US$388.88 per night

  • Exeter Hotel

    Reykjavík
    Breakfast options
    Scored out of 10, guest rating 8.7
    Fabulous - What previous guests thought, 2,800 reviews

    This contemporary design hotel is set in Reykjavík's Old Harbour area, 500 metres from Harpa Concert Hall & Conference Centre.

    From US$396.47 per night

  • ALVA Apartments

    Reykjavík
    Breakfast options
    Scored out of 10, guest rating 8.6
    Fabulous - What previous guests thought, 705 reviews

    ALVA Apartments offers accommodation within 1 km of the centre of Reykjavík, with free WiFi, and a kitchen with a dishwasher, an oven and a toaster.

    From US$263.92 per night
  • Scored out of 10, guest rating 8.6
    Fabulous - What previous guests thought, 3,206 reviews

    Set in the popular 101 harbour 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 US$306.65 per night

  • Hotel Ódinsvé

    Reykjavík
    Breakfast options
    Scored out of 10, guest rating 8.3
    Very good - What previous guests thought, 1,291 reviews

    Hotel Odinsve is 400 metres 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 US$397.06 per night

  • Hotel Frón

    Reykjavík
    Breakfast options
    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.

  • Scored out of 10, guest rating 9.0
    Superb - What previous guests thought, 919 reviews

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

    From US$168.04 per night
  • Scored out of 10, guest rating 8.8
    Fabulous - What previous guests thought, 2,103 reviews

    Offering city views, Vintage Apartment Hotel is set along Laugavegur Shopping Street in Reykjavík. Hallgrímskirkja Church is 300 metres away. The accommodation has a flat-screen TV.

    From US$428.14 per night

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

  • Scored out of 10, guest rating 8.1
    Very good - What previous guests thought, 26 reviews

    Cozy Studio in Reykjavik is situated in the Reykjavík 101 district of Reykjavík, less than 1 km from Solfar Sun Voyager, 3.3 km from The Pearl and 48 km from Blue Lagoon.

  • Scored out of 10, guest rating 8.1
    Very good - What previous guests thought, 1,181 reviews

    Set within 1.4 km of Hallgrímskirkja Church and 1.3 km of Solfar Sun Voyager in Reykjavík, Day Dream Vesturgata 17 Reykjavik offers accommodation with seating area.

    From US$253.49 per night
  • Scored out of 10, guest rating 8.8
    Fabulous - What previous guests thought, 5 reviews

    Situated in Reykjavík, 1.3 km from Hallgrímskirkja Church, Ranargata Apartments by Heimaleiga features rooms with city views and free WiFi.

    From US$690.66 per night
  • Scored out of 10, guest rating 8.6
    Fabulous - What previous guests thought, 1,150 reviews

    Well situated in the Vesturbær district of Reykjavík, Refurinn Reykjavik Guesthouse is set 1.5 km from Hallgrímskirkja Church, 1.6 km from Solfar Sun Voyager and 3.6 km from The Pearl.

  • Scored out of 10, guest rating 8.9
    Fabulous - What previous guests thought, 526 reviews

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

    From US$376.95 per night
  • Scored out of 10, guest rating 9.2
    Superb - What previous guests thought, 138 reviews

    Set in the centre of Reykjavík, just 500 metres from Hallgrímskirkja Church and less than 1 km from Solfar Sun Voyager, Perfect Apartment in the Heart of Reykjavík offers accommodation with city views...

  • Scored out of 10, guest rating 8.9
    Fabulous - What previous guests thought, 348 reviews

    Set within 400 metres of Hallgrímskirkja Church and 700 metres of Solfar Sun Voyager in the centre of Reykjavík, Design apartments in the heart of Reykjavik offers accommodation with free WiFi and...

    From US$422.28 per night
  • Scored out of 10, guest rating 7.9
    Good - What previous guests thought, 1,243 reviews

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

FAQ about cheap hotels in Reykjavík

Cheap hotels that guests love in Reykjavík

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  • B18 Apartments

    Cheap hotel in Reykjavík
    Avg. price/night: US$209.97
    Scored out of 10, guest rating 8.7
    Fabulous - What previous guests thought, 880 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

  • Guesthouse Aurora

    Cheap hotel in Reykjavík
    Avg. price/night: US$167.74
    Scored out of 10, guest rating 7.9
    Good - What previous guests thought, 2,239 reviews
    Very clean room, good quality typical Nordic breakfast, I liked the atmosphere of the whole place. Comfortable bed, and the room was big enough for a single room at a budget accommodation. Check in took just a few seconds, only to tell my name and then get the keys. I stayed for a whole week, using Reykjavik as a base for exploring western and southern Iceland. The price was very affordable considering how expensive accommodation is in general in Reykjavik.
    Guest review by
    Magnus.P
    Solo traveller

  • Bus Hostel Reykjavik

    Cheap hotel in Reykjavík
    Avg. price/night: US$160.31
    Scored out of 10, guest rating 8.1
    Very good - What previous guests thought, 3,627 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

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