Skip to main content

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

Filter by:

Review score

Nordic Hostel

Reykjavík 101, Reykjavík

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

J
Jeso
From
France
Great place, great value. Staff was nice. Place is pretty new so all the amenities are top notch quality. The were some large lockers beneath the bed that can fit 2 suitcases, it was so useful, loved that. Best hostel I did in Iceland !
Scored out of 10, guest rating 9.3
Superb - What previous guests thought, 975 reviews
Price from
US$97.99
1 night, 2 adults

Efstaleiti 27

Reykjavík East, Reykjavík

Set in Reykjavík, 2.3 km from Nauthólsvík Geothermal Beach and 1.7 km from The Pearl, Efstaleiti 27 offers air conditioning.

Scored out of 10, guest rating 9.0
Superb - What previous guests thought, 7 reviews
Price from
US$221.86
1 night, 2 adults

Private room in a family home with great views

Reykjavík East, Reykjavík

Offering mountain views, Private room in a family home with great views is an accommodation located in Reykjavík, 4.4 km from Solfar Sun Voyager and 4.6 km from Hallgrímskirkja Church.

C
Charlotte
From
Switzerland
The stay was just lovely I cant describe it any better!! We got a lot of amazing tipps, good company, a homey feeling and help with a little clothes emergency:)
Scored out of 10, guest rating 9.0
Superb - What previous guests thought, 6 reviews
Price from
US$116.21
1 night, 2 adults

Hotel Aska

Hotel in Reykjavík East, Reykjavík

Situated in the Reykjavík East district in Reykjavík, Hotel Aska offers 3-star rooms with free WiFi.

A
Antonio
From
Spain
Very clean and very comfy room.
Scored out of 10, guest rating 8.0
Very good - What previous guests thought, 1,888 reviews
Price from
US$117.90
1 night, 2 adults

Apartments Reykjavik

Vesturbær, Reykjavík

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

P
Paul
From
Ireland
very well situated , close to town and your pick up points . Very well kept and beds very comfortable. would definitely stay again
Scored out of 10, guest rating 8.8
Fabulous - What previous guests thought, 1,438 reviews
Price from
US$128.24
1 night, 2 adults

Hotel Vera

Hotel in Reykjavík 101, Reykjavík

Ideally set in the Reykjavík 101 district of Reykjavík, Hotel Vera is situated 500 metres from Hallgrímskirkja Church, 600 metres from Solfar Sun Voyager and 2.5 km from The Pearl.

S
S.
From
United States
Great location next to many popular destinations and within walking distance to the bus stop for excursions. Staff was quick to respond to concerns and instructions for all steps of the stay were clear. Provided basic kitchen supplies, coffee machine and pods, sugar, salt, pepper and cooking oil. I will recommend this hotel to anyone that travels to Iceland.
Scored out of 10, guest rating 8.2
Very good - What previous guests thought, 1,350 reviews
Price from
US$123.61
1 night, 2 adults

Baron's Hostel

Reykjavík 101, Reykjavík

Baron's Hostel is well set in Reykjavík, and features a garden, free WiFi and a shared lounge.

T
Tamara
From
Norway
Amazing looking I walk just 10-12 min from flybys terminal when I arrived and when I leave hostel to go to airport
Scored out of 10, guest rating 8.4
Very good - What previous guests thought, 3,790 reviews
Price from
US$154.89
1 night, 2 adults

Day Dream Vesturgata 17 Reykjavik

Vesturbær, Reykjavík

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.

M
Maria
From
Italy
I like very much the room, the bed was very comfortable. The kitchen and living room quite big with two tables chairs and one "sofa";)
Scored out of 10, guest rating 8.1
Very good - What previous guests thought, 1,135 reviews
Price from
US$118.85
1 night, 2 adults

Hostel B47

Reykjavík 101, Reykjavík

Situated in Reykjavík, 2.5 km from Nauthólsvík Geothermal Beach, Hostel B47 features accommodation with a garden, free private parking, a shared lounge and a terrace.

A
Aurélie
From
France
This is an excellent option for Reykjavik. The hostel is ideally located just behind the main church, a few minutes walking from town centre. The place was comfortable and very clean, the room was spacious enough to be comfortable with our two kids, and the shared facilities were clean and comfortable as well. There was even a small sink in the bedroom to brush teeth for instance, helping queuing less at the shared bathrooms. Overall a really good choice to explore Reykjavik.
Scored out of 10, guest rating 8.0
Very good - What previous guests thought, 4,995 reviews
Price from
US$120.52
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.

c
cheung
From
Hong Kong
Easy access to supermarket, restaurant, and gas station. very important for traveling with family.
Scored out of 10, guest rating 8.7
Fabulous - What previous guests thought, 2,594 reviews
Price from
US$121.24
1 night, 2 adults
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

See all

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.5
Very good - What previous guests thought, 2,743 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.1
Very good - What previous guests thought, 3,907 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.8
Fabulous - What previous guests thought, 1,438 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.0
Very good - What previous guests thought, 4,995 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.6
Fabulous - What previous guests thought, 3,216 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.5
Very good - What previous guests thought, 3,341 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.0
Very good - What previous guests thought, 4,434 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.0
Very good - What previous guests thought, 1,888 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 7.9
Good - What previous guests thought, 3,805 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.2
Very good - What previous guests thought, 6,849 reviews

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

Scored out of 10, guest rating 9.1
Superb - What previous guests thought, 578 reviews

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

From US$942.70 per night
Scored out of 10, guest rating 9.0
Superb - What previous guests thought, 444 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, 912 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.

Scored out of 10, guest rating 8.3
Very good - What previous guests thought, 301 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.

Scored out of 10, guest rating 8.7
Fabulous - What previous guests thought, 1,475 reviews

Set within 700 metres of Hallgrímskirkja Church and 3.3 km of The Pearl in Reykjavík, Thingholt Hotel Apartments from Center Hotels offers accommodation with seating area.

Scored out of 10, guest rating 8.5
Very good - What previous guests thought, 23 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...

Scored out of 10, guest rating 8.4
Very good - What previous guests thought, 1,348 reviews

This stylish and original hotel is just a 2-minute walk from Reykjavik’s main shopping street, Laugavegur. It offers free WiFi and rooms with a satellite TV and a tea/coffee maker.

Scored out of 10, guest rating 8.4
Very good - What previous guests thought, 1,723 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.

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

Scored out of 10, guest rating 9.2
Superb - What previous guests thought, 604 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$1,483.16 per night
Scored out of 10, guest rating 8.7
Fabulous - What previous guests thought, 775 reviews

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

Scored out of 10, guest rating 8.9
Fabulous - What previous guests thought, 2,779 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$587.51 per night
Scored out of 10, guest rating 8.1
Very good - What previous guests thought, 260 reviews

Located within 700 metres of Hallgrímskirkja Church and less than 1 km of Solfar Sun Voyager in the centre of Reykjavík, Odinn Reykjavik Skolavordustigur Apartments provides accommodation with free...

Scored out of 10, guest rating 9.8
Exceptional - What previous guests thought, 6 reviews

In the Reykjavík 101 district of Reykjavík, close to Hallgrímskirkja Church, Vesturgata One Bedroom Apartment Near Harbour by Heimaleiga features free WiFi and a washing machine.

Scored out of 10, guest rating 8.1
Very good - What previous guests thought, 1,135 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.

Scored out of 10, guest rating 8.5
Very good - What previous guests thought, 2 reviews

Ranargata Three Bedrooms Apartments by Heimaleiga has a patio and is set in Reykjavík, within just 1.4 km of Solfar Sun Voyager and 400 metres of Reykjavik Old Harbour.

Scored out of 10, guest rating 8.8
Fabulous - What previous guests thought, 2,540 reviews

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

From US$898 per night

Enjoy breakfast in Reykjavík and nearby

Scored out of 10, guest rating 9.0
Superb - What previous guests thought, 505 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.

Scored out of 10, guest rating 8.6
Fabulous - What previous guests thought, 3,216 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.

Hotel Ódinsvé

Reykjavík
Breakfast options
Scored out of 10, guest rating 8.4
Very good - What previous guests thought, 1,306 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$610.99 per night
Scored out of 10, guest rating 8.8
Fabulous - What previous guests thought, 1,970 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$939.08 per night
Scored out of 10, guest rating 8.0
Very good - What previous guests thought, 2,209 reviews

Located in the calm Thingholt neighbourhood, this family-owned guest house is in Reykjavik is just 450 metres from the shopping Laugavegur Street.

Scored out of 10, guest rating 8.0
Very good - What previous guests thought, 567 reviews

Day Dream L23 Guesthouse features accommodation within 800 metres of the centre of Reykjavík, with free WiFi, and a kitchenette with a microwave, a fridge and a stovetop.

Scored out of 10, guest rating 8.6
Fabulous - What previous guests thought, 1,590 reviews

Situated in Reykjavik’s old city centre, this family-run property is across the street from Hallgrim’s Church. It offers a communal kitchen, as well as modern and fresh rooms with wooden furnishings.

Scored out of 10, guest rating 8.1
Very good - What previous guests thought, 912 reviews

Situated in Reykjavík, 2.6 km from Nauthólsvík Geothermal Beach and 300 metres from the centre, Day Dream Soleyjargata Rooms & Apartments features air-conditioned accommodation with free WiFi, and a...

From US$649.29 per night

FAQ about cheap hotels in Reykjavík

Cheap hotels that guests love in Reykjavík

See all
Avg. price/night: US$402.40
Scored out of 10, guest rating 8.7
Fabulous - What previous guests thought, 927 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
Scored out of 10, guest rating 8.0
Very good - What previous guests thought, 2,209 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
Scored out of 10, guest rating 8.1
Very good - What previous guests thought, 3,907 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