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

Baron's Hostel

Reykjavík 101, Reykjavík

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

K
Karyna
From
United Kingdom
 I’m writing reviews quite rarely. But this time I would like to say that this hostel the best one where I’ve ever been. It’s so cosy, it’s in the centre of city, so it’s really comfortable to get any place. The lounge zone is my love. Absolutely ting view from the window. And nice terrace! That receptionists are so nice. They gave me a towel and possibility to take a shower, but I already checked out. They were so kind.)
Scored out of 10, guest rating 8.4
Very good - What previous guests thought, 3,796 reviews
Price from
US$152.93
1 night, 2 adults

Day Dream L23 Guesthouse

Reykjavík 101, Reykjavík

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.

f
faro
From
Austria
Everything was amazing, super clean, central location, really good WiFi
Scored out of 10, guest rating 8.0
Very good - What previous guests thought, 553 reviews
Price from
US$122.04
1 night, 2 adults

cozy apartment

Reykjavík East, Reykjavík

Cozy apartment is situated in Reykjavík, less than 1 km from Hallgrímskirkja Church, 2.1 km from The Pearl, as well as 200 metres from Laugavegur Shopping Street.

F
Felix
From
Germany
Small basic but cute appartment with everything I needed. Supermarket and nice restaurants in walking distance and very clean.
Scored out of 10, guest rating 8.4
Very good - What previous guests thought, 16 reviews
Price from
US$184
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 8.9
Fabulous - What previous guests thought, 6 reviews
Price from
US$114.74
1 night, 2 adults

Hostel Fjordur

Hafnarfjördur (Near Reykjavík)

Set in Hafnarfjördur, within 9.3 km of The Pearl and 11 km of Hallgrímskirkja Church, Hostel Fjordur offers accommodation with a shared lounge and free WiFi throughout the property as well as free...

I
Ian
From
United Kingdom
Very clean. Great kitchen. Great showers
Scored out of 10, guest rating 8.4
Very good - What previous guests thought, 310 reviews
Price from
US$158.24
1 night, 2 adults

Charming and Renovated Apartment in Reykjavík City Centre

Vesturbær, Reykjavík

Charming and Renovated Apartment in Reykjavík City Centre is located in the Vesturbær district of Reykjavík, 2.6 km from Hallgrímskirkja Church, 3.8 km from The Pearl and 800 metres from Reykjavik Old...

S
SOLEDAD
From
Spain
The apartment was very nice. It was very easy to arrival with very clear instructions. Located about 25-minutes walk from the city center. There are two supermarkets within 5-minute walk. They allowed us to check in early and were very kind.
Scored out of 10, guest rating 8.8
Fabulous - What previous guests thought, 10 reviews

Main street X-small, ensuite bathroom and own kitchen

Reykjavík 101, Reykjavík

Set in the centre of Reykjavík, 3 km from Nauthólsvík Geothermal Beach, the historic Main street X-small, ensuite bathroom and own kitchen offers accommodation with free WiFi and a garden.

A
Ariadna
From
Spain
Perfect location, with all of facilities you need included and the host was very kind and available in case you need help :)
Scored out of 10, guest rating 7.4
Good - What previous guests thought, 61 reviews

Apartment in bed room

Hafnarfjördur (Near Reykjavík)

Apartment in bed room is set in Hafnarfjördur, 14 km from The Pearl, 15 km from Hallgrímskirkja Church, as well as 16 km from Solfar Sun Voyager.

M
Maria
From
Germany
Clean apartment, comfortable and very quiet place. The host was very friendly and made check in at 2am as my arrival was very late. Good location.
Scored out of 10, guest rating 7.1
Good - What previous guests thought, 22 reviews
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 8.9
Fabulous - What previous guests thought, 2,764 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.5
Very good - What previous guests thought, 2,711 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.0
Very good - What previous guests thought, 5,016 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.6
Fabulous - What previous guests thought, 3,211 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.1
Very good - What previous guests thought, 3,871 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.5
Very good - What previous guests thought, 3,363 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.8
Fabulous - What previous guests thought, 1,417 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 7.9
Good - What previous guests thought, 3,804 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.0
Very good - What previous guests thought, 4,463 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.2
Very good - What previous guests thought, 6,822 reviews

Enjoy breakfast in Reykjavík and nearby

Scored out of 10, guest rating 9.1
Superb - What previous guests thought, 448 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$255.90 per night
Scored out of 10, guest rating 8.4
Very good - What previous guests thought, 1,361 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$276.03 per night
Scored out of 10, guest rating 8.9
Fabulous - What previous guests thought, 2,764 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$152.41 per night
Scored out of 10, guest rating 8.1
Very good - What previous guests thought, 1,139 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$191.23 per night

Exeter Hotel

Reykjavík
Breakfast options
Scored out of 10, guest rating 8.8
Fabulous - What previous guests thought, 2,609 reviews

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

From US$203.98 per night
Scored out of 10, guest rating 8.9
Fabulous - What previous guests thought, 514 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$284.94 per night
Scored out of 10, guest rating 8.6
Fabulous - What previous guests thought, 3,211 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$249.96 per night

Hotel Ódinsvé

Reykjavík
Breakfast options
Scored out of 10, guest rating 8.3
Very good - What previous guests thought, 1,314 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$214.99 per night

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

Scored out of 10, guest rating 8.7
Fabulous - What previous guests thought, 1,477 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$226.36 per night
Scored out of 10, guest rating 8.4
Very good - What previous guests thought, 1,720 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$212.89 per night
Scored out of 10, guest rating 9.2
Superb - What previous guests thought, 602 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$352.34 per night
Scored out of 10, guest rating 8.6
Fabulous - What previous guests thought, 740 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$236.44 per night
Scored out of 10, guest rating 8.3
Very good - What previous guests thought, 20 reviews

Located in the centre of Reykjavík, The Center of Downtown Reykjavík provides rooms with free WiFi. There is a private entrance at the apartment for the convenience of those who stay.

Scored out of 10, guest rating 8.2
Very good - What previous guests thought, 231 reviews

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

From US$323.36 per night
Scored out of 10, guest rating 7.9
Good - What previous guests thought, 1,237 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$125.17 per night
Scored out of 10, guest rating 7.7
Good - What previous guests thought, 100 reviews

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

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, 27 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.

From US$177.79 per night
Scored out of 10, guest rating 8.5
Very good - What previous guests thought, 2,711 reviews

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

From US$238.99 per night
Scored out of 10, guest rating 8.2
Very good - What previous guests thought, 83 reviews

In the Reykjavík 101 district of Reykjavík, close to Hallgrímskirkja Church, Freyjugata Apartments by Heimaleiga features a terrace and a washing machine.

From US$229.13 per night
Scored out of 10, guest rating 8.5
Very good - What previous guests thought, 1,577 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 US$187.67 per night
Scored out of 10, guest rating 8.8
Fabulous - What previous guests thought, 2,008 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$266.57 per night
Scored out of 10, guest rating 8.0
Very good - What previous guests thought, 2,210 reviews

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

From US$105.47 per night
Scored out of 10, guest rating 8.0
Very good - What previous guests thought, 553 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.

From US$207.46 per night
Scored out of 10, guest rating 8.6
Fabulous - What previous guests thought, 1,610 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.

From US$173.85 per night

FAQ about cheap hotels in Reykjavík

Cheap hotels that guests love in Reykjavík

See all
Avg. price/night: US$203.29
Scored out of 10, guest rating 8.7
Fabulous - What previous guests thought, 921 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$105.47
Scored out of 10, guest rating 8.0
Very good - What previous guests thought, 2,210 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$113.93
Scored out of 10, guest rating 8.1
Very good - What previous guests thought, 3,871 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