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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.

A
Andréa
From
France
Absolutely amazing! Everything that I need and even more than I could have wished for. The rooms are very comfortable and towels and soap are provided, there's a common room that you can go at anytime to have a drink, eat your food or just chill on a loungey atmosphere. The staff is really friendly and will be happy to advice you on what to see and how to get around the city. I completely discovered the chain City hub at Reykjavik and think there should more places with the same concept around the world. Really I have nothing negative to say: it is calm, the system is clever and everything is thought for you to enjoy your stay!
Scored out of 10, guest rating 9.0
Superb - What previous guests thought, 1,158 reviews
Price from
US$112.18
1 night, 2 adults

Hotel Lotus

Hotel in Reykjavík East, Reykjavík

Set an 8-minute drive from central Reykjavik, this hotel offers free parking and brightly decorated rooms with a flat-screen TV and free Wi-Fi access. Kringlan Shopping Centre is 1 km away.

A
Alan
From
Ireland
clean. Super comfy. And toasty warm without feeling stuffy. Thoroughly enjoyed our stay
Scored out of 10, guest rating 9.0
Superb - What previous guests thought, 1,383 reviews
Price from
US$241.15
1 night, 2 adults

Hotel Local 101

Hotel in Vesturbær, Reykjavík

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.

A
Anastasiia
From
Russia
Location, price, friendly staff. Free coffee and cake for the guests.
Scored out of 10, guest rating 9.0
Superb - What previous guests thought, 2,794 reviews
Price from
US$217.04
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.

H
Houou
From
Belgium
Great location,great facilities and great staff A+
Scored out of 10, guest rating 9.3
Superb - What previous guests thought, 993 reviews
Price from
US$98.48
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

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...

I
ILHYE
From
South Korea
At first, I chose a house with a washing machine because I was on a long trip and needed to do laundry. But I was pleasantly surprised to stay in such a wonderful house. The welcome cookies and a welcome letter written in Korean touched my heart. I also appreciated the thoughtful details throughout the house for the guests. It was great to stay warm and comfortable in cold Iceland. If I visit Iceland again, I would love to stay here again.
Scored out of 10, guest rating 9.5
Exceptional - What previous guests thought, 168 reviews
Price from
US$248.80
1 night, 2 adults

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.

D
Daniel Jacob
From
Denmark
Amazing apartment in Reykjavik. It have a lot of space and good kitchen. Central placement. I would recommend this place for everybody.
Scored out of 10, guest rating 9.5
Exceptional - What previous guests thought, 134 reviews
Price from
US$291.15
1 night, 2 adults

Iceland SJF Apartments - 301

Reykjavík East, Reykjavík

Set in Reykjavík, 2.9 km from Nauthólsvík Geothermal Beach and 1.4 km from Solfar Sun Voyager, Iceland SJF Apartments - 301 offers air-conditioned accommodation with a balcony and free WiFi.

Y
YA
From
China
The location is good, supermarkets and restaurants are nearby. The decoration is modern and stylish, everything is new. Bathroom is spacious . We spent one night here, and we believed it is the best stay during our trip.
Scored out of 10, guest rating 9.5
Exceptional - What previous guests thought, 100 reviews
Price from
US$258.80
1 night, 2 adults

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.

Y
Yujia
From
China
It was comfortable and decent with enough space for 3 people family. It is a fully equipped apartment with free parking space, especially suitable for drving visitors.
Scored out of 10, guest rating 9.2
Superb - What previous guests thought, 142 reviews
Price from
US$232.92
1 night, 2 adults

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.

M
Murphy
From
Canada
Great location, clean and good value for money. The apartment was modern and very tidy with a private balcony and comfortable beds. Would definitely recommend and would stay again. Very convenient car park underground with lift access to building.
Scored out of 10, guest rating 9.6
Exceptional - What previous guests thought, 186 reviews
Price from
US$307.03
1 night, 2 adults

Panoramic Studio Apartment with stunning view - Free Parking

Reykjavík East, Reykjavík

Offering mountain views, Panoramic Studio Apartment with stunning view - Free Parking is an accommodation situated in Reykjavík, 4.4 km from Hallgrímskirkja Church and 4.5 km from The Pearl.

J
Janet
From
United Kingdom
The apartment is just 10 minutes drive away from the main town, very easy to reach with a car. The apartment has a brilliant view of the harbour being on a high floor. The apartment was also lovely and warm.
Scored out of 10, guest rating 9.1
Superb - What previous guests thought, 129 reviews
Price from
US$143.99
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

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Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.5
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Scored out of 10, guest rating 8.8
Fabulous - What previous guests thought, 1,448 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.1
Very good - What previous guests thought, 3,924 reviews

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Scored out of 10, guest rating 8.6
Fabulous - What previous guests thought, 3,217 reviews

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Scored out of 10, guest rating 8.1
Very good - What previous guests thought, 4,967 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.5
Very good - What previous guests thought, 3,347 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.0
Very good - What previous guests thought, 4,417 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 7.9
Good - What previous guests thought, 3,808 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.1
Very good - What previous guests thought, 1,915 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.2
Very good - What previous guests thought, 6,867 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, 588 reviews

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

From US$244.39 per night
Scored out of 10, guest rating 9.1
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.

From US$230.79 per night
Scored out of 10, guest rating 9.1
Superb - What previous guests thought, 923 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$263.90 per night
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.

From US$272.09 per night
Scored out of 10, guest rating 9.6
Exceptional - What previous guests thought, 35 reviews

Situated in Reykjavík, 700 metres from Hallgrímskirkja Church and 1 km from the centre, Historic Villa in Downtown Reykjavik features air-conditioned accommodation with free WiFi, and a garden.

From US$1,669.24 per night
Scored out of 10, guest rating 10
Exceptional - What previous guests thought, 1 review

Set in Reykjavík, 700 metres from Hallgrímskirkja Church, 3.3 km from The Pearl and 49 km from Blue Lagoon, Prime location luxury apartment Reykjavik offers accommodation with a terrace and free WiFi.

From US$511.71 per night
Scored out of 10, guest rating 8.7
Fabulous - What previous guests thought, 1,473 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.

From US$248.88 per night
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...

From US$150.43 per night

Enjoy breakfast in Reykjavík and nearby

Scored out of 10, guest rating 8.4
Very good - What previous guests thought, 1,345 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.

From US$227.42 per night
Scored out of 10, guest rating 8.1
Very good - What previous guests thought, 1,131 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$168.51 per night

Exeter Hotel

Reykjavík
Breakfast options
Scored out of 10, guest rating 8.8
Fabulous - What previous guests thought, 2,514 reviews

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

From US$201.16 per night

ALVA Apartments

Reykjavík
Breakfast options
Scored out of 10, guest rating 8.6
Fabulous - What previous guests thought, 756 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$216.45 per night
Scored out of 10, guest rating 9.0
Superb - What previous guests thought, 497 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$250.31 per night
Scored out of 10, guest rating 8.6
Fabulous - What previous guests thought, 3,217 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$200.71 per night

Hotel Ódinsvé

Reykjavík
Breakfast options
Scored out of 10, guest rating 8.4
Very good - What previous guests thought, 1,305 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$224.09 per night
Scored out of 10, guest rating 8.9
Fabulous - What previous guests thought, 1,959 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$235.27 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, 1,730 reviews

Loft is located in the heart of downtown Reykjavík, with fun and exciting events happening just an arm’s length away.

From US$163.44 per night
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$346.44 per night
Scored out of 10, guest rating 8.7
Fabulous - What previous guests thought, 774 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$231.79 per night
Scored out of 10, guest rating 8.2
Very good - What previous guests thought, 258 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...

From US$341.08 per night
Scored out of 10, guest rating 8.7
Fabulous - What previous guests thought, 3 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.

From US$475.54 per night
Scored out of 10, guest rating 9.0
Superb - What previous guests thought, 6 reviews

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

From US$479.83 per night
Scored out of 10, guest rating 9.0
Superb - What previous guests thought, 2 reviews

Three Bedroom Apartment on Rainbow Street by Heimaleiga in Reykjavík offers accommodation with free WiFi, 500 metres from Hallgrímskirkja Church, 2.8 km from The Pearl and 49 km from Blue Lagoon.

Scored out of 10, guest rating 9.1
Superb - What previous guests thought, 328 reviews

Skolo Reykjavik Apartments is set in the Reykjavík 101 district of Reykjavík, less than 1 km from Solfar Sun Voyager, 2.6 km from The Pearl and 48 km from Blue Lagoon.

From US$217.62 per night

FAQ about cheap hotels in Reykjavík

Cheap hotels that guests love in Reykjavík

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Avg. price/night: US$226.45
Scored out of 10, guest rating 8.7
Fabulous - What previous guests thought, 932 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: US$125.87
Scored out of 10, guest rating 8.0
Very good - What previous guests thought, 2,208 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
Avg. price/night: US$108.09
Scored out of 10, guest rating 8.1
Very good - What previous guests thought, 3,924 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