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 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
Chia
From
France
Super friendly staff, very nice facilities, clean toilets and bathrooms, well organized space, comfortable bed. There's really delicious tea for free and the self service bar is super fancy. I love the hot tub too! One of the best ! Location is top as well, a few minutes to downtown and to pick up spots.
Scored out of 10, guest rating 9.0
Wonderful - What previous guests thought, 984 reviews
Price from
$119.91
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.

X
XIANGCHENG
From
China
I was lucky to stay in this hostel which just opened two weeks ago. Everything is new. The room is very private and comfortable. What surprised me was that the room was very quiet all day long without any noise. The lobby is also very comfortable and cozy. There are many toilets and there is plenty of time and hot water for showering. The kitchen is not only clean but also equipped with all the kitchen utensils. I am also very grateful to a Chilean employee who is very enthusiastic and cheerful and helped us a lot.
Scored out of 10, guest rating 9.3
Wonderful - What previous guests thought, 891 reviews
Price from
$133.19
1 night, 2 adults

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

Reykjavík East, Reykjavík

Lara Studio in Laugardalur valley, Reykjavík Central Park and Botanical Garden, Private entrance, FREE Private Parking on side offers accommodations in Reykjavík, 2.8 miles from The Pearl and 2.9...

P
Petar
From
Croatia
Wonderful property and host, left us a welcome present on very short notice.
Scored out of 10, guest rating 9.5
Exceptional - What previous guests thought, 157 reviews
Price from
$245.85
1 night, 2 adults

Iceland SJF Apartments - 201

Reykjavík East, Reykjavík

Iceland SJF Apartments - 201 offers accommodations in Reykjavík, 1.8 miles from Nauthólsvík Geothermal Beach and 29 miles from Blue Lagoon.

A
Anu
From
Australia
A clean and bright, beautiful brand new apartment at the edge of Reykjavik centre. There's a couple of grocery stores nearby. Also some restaurants and souvenir shops within a 5-10mins walk.
Scored out of 10, guest rating 9.6
Exceptional - What previous guests thought, 127 reviews
Price from
$397.54
1 night, 2 adults

Iceland SJF Apartments - 503

Reykjavík East, Reykjavík

Iceland SJF Apartments - 503 is a recently renovated apartment in Reykjavík, near Solfar Sun Voyager. This apartment offers air-conditioned accommodations with a balcony and free Wifi.

L
Leftoversagain
From
United States
The bed and the apartment was a good sized space for 2 people and the view was decent. It did feel like we were in an industrial section of town but there was a hotel next door that had great food and service at the restaurant. I believe it was called Eyja.
Scored out of 10, guest rating 9.4
Wonderful - What previous guests thought, 135 reviews
Price from
$502.16
1 night, 2 adults

Iceland SJF Apartments - 401

Reykjavík East, Reykjavík

Just a 16-minute walk from Solfar Sun Voyager and 0.8 miles from Hallgrímskirkja Church, Iceland SJF Apartments - 401 features accommodations in Reykjavík with a garden.

N
Nesku
From
Thailand
The cleanliness and the friendly host
Scored out of 10, guest rating 9.6
Exceptional - What previous guests thought, 181 reviews
Price from
$397.54
1 night, 2 adults

Lundur Apartments - Down Town

Reykjavík 101, Reykjavík

Lundur Apartments - Down Town is a recently renovated apartment in the center of Reykjavík, a 5-minute walk from Solfar Sun Voyager and 500 yards from Hallgrímskirkja Church.

K
Kara
From
United States
Excellent location! Clean and comfortable. Would definitely recommend.
Scored out of 10, guest rating 9.1
Wonderful - What previous guests thought, 130 reviews
Price from
$480.19
1 night, 2 adults

Center Apartments - Esja

Reykjavík East, Reykjavík

Just a 16-minute walk from Solfar Sun Voyager and 0.8 miles from Hallgrímskirkja Church, Center Apartments - Esja features accommodations in Reykjavík, with a terrace.

E
Emery
From
United Arab Emirates
Fabulous property in a great location. Extremely comfortable bed. Excellent facilities including the use of a much needed laundry. Safe, clean and very easy communication with the owner. Highly recommended. We would stay here again,
Scored out of 10, guest rating 9.0
Wonderful - What previous guests thought, 250 reviews
Price from
$325.47
1 night, 2 adults

Center apartments - Hekla

Reykjavík East, Reykjavík

Just a 16-minute walk from Solfar Sun Voyager and 0.8 miles from Hallgrímskirkja Church, Center apartments - Hekla features accommodations in Reykjavík with a terrace.

V
Vanessa
From
Italy
Nice and close to downtown, and the apartment is modern, new and spacious enough for a short stay.
Scored out of 10, guest rating 9.2
Wonderful - What previous guests thought, 153 reviews
Price from
$292.92
1 night, 2 adults

B 18-20 Apartments

Reykjavík East, Reykjavík

B 18-20 Apartments enjoys a location in Reykjavík, 1.8 miles from Nauthólsvík Geothermal Beach and 29 miles from Blue Lagoon.

A
ALEJANDRA
From
Sweden
The place is super well located and the people in charge are very nice!! We felt like home
Scored out of 10, guest rating 9.1
Wonderful - What previous guests thought, 319 reviews
Price from
$291.88
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 8.3
    Very Good - What previous guests thought, 1,981 reviews
  • Popular with guests booking cheap hotels in Reykjavík

    Scored out of 10, guest rating 8.5
    Very Good - What previous guests thought, 3,425 reviews
  • Popular with guests booking cheap hotels in Reykjavík

    Scored out of 10, guest rating 8.0
    Very Good - What previous guests thought, 2,575 reviews
  • Popular with guests booking cheap hotels in Reykjavík

    Scored out of 10, guest rating 8.4
    Very Good - What previous guests thought, 4,416 reviews
  • Popular with guests booking cheap hotels in Reykjavík

    Scored out of 10, guest rating 8.4
    Very Good - What previous guests thought, 3,827 reviews
  • Popular with guests booking cheap hotels in Reykjavík

    Scored out of 10, guest rating 8.0
    Very Good - What previous guests thought, 5,049 reviews
  • Popular with guests booking cheap hotels in Reykjavík

    Scored out of 10, guest rating 8.1
    Very Good - What previous guests thought, 3,713 reviews
  • Popular with guests booking cheap hotels in Reykjavík

    Scored out of 10, guest rating 8.0
    Very Good - What previous guests thought, 4,552 reviews
  • Popular with guests booking cheap hotels in Reykjavík

    Scored out of 10, guest rating 8.2
    Very Good - What previous guests thought, 6,883 reviews
  • Popular with guests booking cheap hotels in Reykjavík

    Scored out of 10, guest rating 7.9
    Good - What previous guests thought, 3,775 reviews

Enjoy breakfast in Reykjavík and nearby

  • Scored out of 10, guest rating 9.2
    Wonderful - What previous guests thought, 544 reviews

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

    From $294.53 per night
  • Scored out of 10, guest rating 9.0
    Wonderful - What previous guests thought, 471 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 $374.63 per night
  • Scored out of 10, guest rating 9.1
    Wonderful - What previous guests thought, 829 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 $330.82 per night
  • Scored out of 10, guest rating 8.9
    Excellent - What previous guests thought, 2,748 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 $265.06 per night
  • Exeter Hotel

    Reykjavík
    Breakfast options
    Scored out of 10, guest rating 8.7
    Excellent - What previous guests thought, 2,769 reviews

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

    From $267.35 per night
  • Scored out of 10, guest rating 8.8
    Excellent - What previous guests thought, 524 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 $338.86 per night
  • Scored out of 10, guest rating 8.6
    Excellent - What previous guests thought, 3,213 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 $300.02 per night
  • Hotel Ódinsvé

    Reykjavík
    Breakfast options
    Scored out of 10, guest rating 8.3
    Very Good - What previous guests thought, 1,300 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 $251.66 per night

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

  • Scored out of 10, guest rating 8.2
    Very Good - What previous guests thought, 296 reviews

    Day Dream Historical Grjótagata 4 features rooms with free Wifi in the center of Reykjavík.

    From $302.63 per night
  • Scored out of 10, guest rating 9.2
    Wonderful - What previous guests thought, 16 reviews

    Amazing Design Apartment in Downtown Reykjavik in Reykjavík provides accommodations with free Wifi, a 13-minute walk from Solfar Sun Voyager, 1.9 miles from The Pearl, and 30 miles from Blue Lagoon.

  • Scored out of 10, guest rating 8.4
    Very Good - What previous guests thought, 1,716 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 $247.85 per night
  • Scored out of 10, guest rating 9.3
    Wonderful - What previous guests thought, 602 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 $397.54 per night
  • Scored out of 10, guest rating 9.2
    Wonderful - What previous guests thought, 661 reviews

    Set in Reykjavík city center, these apartments have a full kitchen and a TV with DVD player. Wi-Fi is free. Hallgrímskirkja Church and Laugavegur shopping street are easily accessed.

  • Scored out of 10, guest rating 8.0
    Very Good - What previous guests thought, 1,174 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 $183.08 per night
  • Scored out of 10, guest rating 8.8
    Excellent - What previous guests thought, 5 reviews

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

    From $293.91 per night
  • Scored out of 10, guest rating 8.0
    Very Good - What previous guests thought, 15 reviews

    Cultural Gem in the Heart of Central Reykjavík is located in Reykjavík, just 1.9 miles from The Pearl and 30 miles from Blue Lagoon.

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

  • Scored out of 10, guest rating 8.0
    Very Good - What previous guests thought, 363 reviews

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

    From $435.90 per night
  • Scored out of 10, guest rating 7.9
    Good - What previous guests thought, 27 reviews

    Best location Downtown Reykjavik - Bergstaðastræti 33 in Reykjavík offers accommodations with free Wifi, a 13-minute walk from Solfar Sun Voyager, 1.7 miles from The Pearl, and a 12-minute walk from...

  • Scored out of 10, guest rating 8.8
    Excellent - What previous guests thought, 351 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 $345.23 per night
  • Scored out of 10, guest rating 8.3
    Very Good - What previous guests thought, 2,476 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 $232.48 per night
  • Scored out of 10, guest rating 7.9
    Good - What previous guests thought, 1,238 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 $168.36 per night
  • Scored out of 10, guest rating 8.5
    Very Good - What previous guests thought, 2,627 reviews

    All units at The Swan House by Heimaleiga feature a flat-screen TV, wooden floors and minimalist-style decor.

    From $275.31 per night
  • Scored out of 10, guest rating 8.4
    Very Good - What previous guests thought, 75 reviews

    Freyjugata Apartments by Heimaleiga features rooms with free Wifi in the center of Reykjavík.

  • Scored out of 10, guest rating 8.4
    Very Good - What previous guests thought, 1,598 reviews

    Set in a building dating back to 1916, this Reykjavík guest house is within 5 minutes’ walk of the popular Laugavegur shopping street. Both WiFi and private, on-site parking are free.

    From $209.03 per night

FAQ about cheap hotels in Reykjavík

Cheap hotels that guests love in Reykjavík

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  • Avg. price/night: $186.10
    Scored out of 10, guest rating 8.7
    Excellent - What previous guests thought, 894 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: $138.35
    Scored out of 10, guest rating 8.1
    Very Good - What previous guests thought, 3,713 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