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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.

B
Beth
From
New Zealand
Absolutely wonderful, will definitely come back and highly recommend to friends and family
Scored out of 10, guest rating 9.0
Superb - What previous guests thought, 1,031 reviews
Price from
US$120.33
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.

F
Fernanda
From
Mexico
Incredibly helpful staff. We needed help to book our car very early in the morning and since we left so early and couldn't have breakfast, the team prepared delicious sandwiches for us. Very nice and clean place.
Scored out of 10, guest rating 9.0
Superb - What previous guests thought, 1,366 reviews
Price from
US$239.11
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.

K
Karoliina
From
Finland
Employees were super kind and helpful. Rooms and bathrooms were clean and new. The curtain in the beds blocked the light super well and I slept amazing both nights! Definetely the best hostel experience I have had! Location was also very good!
Scored out of 10, guest rating 9.3
Superb - What previous guests thought, 915 reviews
Price from
US$111.53
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...

a
ann marie
From
Ireland
We like our friendly host Lara & her attend to detail. Good location and price
Scored out of 10, guest rating 9.5
Exceptional - What previous guests thought, 161 reviews
Price from
US$246.69
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.

C
Carla
From
Canada
We absolutely loved this apartment and our stay in Reykjavic! Our host was very attentive both leading up to Our stay and during our stay answering all of our questions. He was attentive to providing anything we needed extra in a timely manner. The beds, including the pull Out couch, were very comfortable. The whole apartment was spotless. Free parking out front also a great bonus. Great location close to downtown core.
Scored out of 10, guest rating 9.5
Exceptional - What previous guests thought, 129 reviews
Price from
US$293.93
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.

J
John
From
Australia
The apartment was spacious and very comfortable. The location was excellent. Also, the host was very responsive to our queries. The washing and drying facilities were very modern and easy to use.
Scored out of 10, guest rating 9.2
Superb - What previous guests thought, 137 reviews
Price from
US$503.88
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, 182 reviews
Price from
US$314.93
1 night, 2 adults

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.

C
Chin Yin
From
Malaysia
Beautiful apartment with full facilities. Definitely recommending to others
Scored out of 10, guest rating 9.0
Superb - What previous guests thought, 133 reviews
Price from
US$481.84
1 night, 2 adults

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
Varun
From
Canada
The apartment was in a great location. We had a rental car and all the main attractions in Reykjavík were very close. We stayed here twice during our trip. Once it was 2 of us and the 2nd time it was 4 of us. The place was spacious for even the 4 of us. The pullout couch was comfortable and so was the bed. Shower pressure was great and being able to make a quick breakfast in the kitchen was very convenient. Highly recommend the place.
Scored out of 10, guest rating 9.0
Superb - What previous guests thought, 253 reviews
Price from
US$326.59
1 night, 2 adults

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.

v
vanesa
From
Croatia
Nice and cozy studio apartment, very well equiped, clean, bathroom very comfortable, enough space for personal things and for family with 2 children (10,16). Quiet area, good location near market (netto/bonus) aprox 5 min walking. Easy access, free parking in front of building. Super host, with fast reply- thank you Thorgeir :-) We stayed for 3 nights, did not only used sapcious terrace due cold weather.
Scored out of 10, guest rating 9.2
Superb - What previous guests thought, 156 reviews
Price from
US$293.93
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 8.9
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Scored out of 10, guest rating 8.5
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Scored out of 10, guest rating 8.8
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Scored out of 10, guest rating 8.1
Very good - What previous guests thought, 3,789 reviews

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Scored out of 10, guest rating 7.9
Good - What previous guests thought, 3,766 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
Superb - What previous guests thought, 551 reviews

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

From US$297.56 per night
Scored out of 10, guest rating 9.0
Superb - 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 centre.

From US$313.33 per night
Scored out of 10, guest rating 9.1
Superb - What previous guests thought, 855 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$316.71 per night
Scored out of 10, guest rating 8.9
Fabulous - 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 US$174.38 per night

Exeter Hotel

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

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

From US$233.28 per night
Scored out of 10, guest rating 8.9
Fabulous - What previous guests thought, 519 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$250.97 per night
Scored out of 10, guest rating 8.6
Fabulous - What previous guests thought, 3,213 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$225.27 per night

Hotel Ódinsvé

Reykjavík
Breakfast options
Scored out of 10, guest rating 8.3
Very good - What previous guests thought, 1,298 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$216.37 per night

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

Scored out of 10, guest rating 8.2
Very good - What previous guests thought, 295 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$303.67 per night
Scored out of 10, guest rating 9.3
Superb - What previous guests thought, 39 reviews

Located in the centre of Reykjavík, Unbeatable Central Location - Reykjavíks Most Exclusive Luxury Apartments provides rooms with free WiFi.

Scored out of 10, guest rating 9.2
Superb - What previous guests thought, 17 reviews

Located in the centre of Reykjavík, Amazing Design Apartment in Downtown Reykjavik provides accommodation with free WiFi in a historic building.

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 US$194.59 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$332.42 per night
Scored out of 10, guest rating 8.7
Fabulous - What previous guests thought, 784 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 8.0
Very good - What previous guests thought, 1,155 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$183.71 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$266.58 per night

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

Scored out of 10, guest rating 9.1
Superb - What previous guests thought, 341 reviews

Next Apartment Bergstadastræti offers modern, self-catering accommodation 200 metres from Laugavegur shopping street, in central Reykjavík. WiFi is free.

From US$210.54 per night
Scored out of 10, guest rating 8.6
Fabulous - What previous guests thought, 1,155 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.

From US$148.72 per night
Scored out of 10, guest rating 8.1
Very good - What previous guests thought, 229 reviews

In the centre of Reykjavík, Reykjavik Antique Rentals provides rooms with free WiFi.

Scored out of 10, guest rating 8.8
Fabulous - What previous guests thought, 358 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$346.42 per night
Scored out of 10, guest rating 8.3
Very good - What previous guests thought, 2,474 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 US$174.96 per night
Scored out of 10, guest rating 7.9
Good - What previous guests thought, 1,234 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.

From US$166.54 per night
Scored out of 10, guest rating 7.9
Good - What previous guests thought, 96 reviews

Attractively situated in Reykjavík, Downtown Reykjavík Baldursbrá Holiday Home features express check-in and check-out and parking on-site.

From US$554.04 per night
Scored out of 10, guest rating 8.1
Very good - What previous guests thought, 65 reviews

Attractively located in Reykjavík, Downtown Baldursbrá - Two Bedroom Apartment features express check-in and check-out and parking on-site.

From US$449.06 per night

FAQ about cheap hotels in Reykjavík

Cheap hotels that guests love in Reykjavík

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Avg. price/night: US$186.74
Scored out of 10, guest rating 8.7
Fabulous - 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: US$112.91
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