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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
Beatriz
From
Iceland
The hubs were bigger than expected, they have speakers connected to the hub, so u can connect ur phone via Bluetooth wich is very nice. Also enjoyed the jacuzzi
Scored out of 10, guest rating 9.0
Superb - What previous guests thought, 1,158 reviews
Price from
US$109.22
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.

E
Emelie
From
Germany
Very beautifully made hostel with well chosen interior design and a love for detail. A lot of privacy for a hostel with cosy bed nooks and high quality materials. Walking distance to nice streets, grocery stores and cool cafes and bars. Even tho they did not have their own parking it was easy to find a parking spot nearby. A lot of space for chilling and having a chat with fellow travellers - but it’s also feels nice and cosy for solo travellers 🫶 had a lovely stay!
Scored out of 10, guest rating 9.3
Superb - What previous guests thought, 993 reviews
Price from
US$98.60
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$116.57
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.

H
Halyna
From
Ukraine
Room and view were great. You can storage your luggage in hotel till 8pm in check-out day. It's great, if you have a late flight
Scored out of 10, guest rating 8.1
Very good - What previous guests thought, 1,915 reviews
Price from
US$122.08
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.

T
Tracy
From
United Arab Emirates
Easy to find, check in and check out is quick. Communication was good. This was the best accommodation (1BR apartment) we had in our Iceland trip. Very comfortable, warm and cosy. Would definitely recommend as base for Reyjavik.
Scored out of 10, guest rating 8.8
Fabulous - What previous guests thought, 1,448 reviews
Price from
US$128.64
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.

S
Salmina
From
Hong Kong
The staffs are very responsive (assuming you are reaching out within their operating hours, which I believe closes at 9pm. I was shared the check-in details over email as I was arriving post mid-night when the staffs would not be in the hostel to receive guests. The hostel is located at a walking distance from the marvelous Hallgrimskirkja church and bus stop 8 and 9. The pantry is stocked with free tea and coffee and cooking oil, salt, sugar and a fridge. It's very organized, washrooms are all very clean.
Scored out of 10, guest rating 8.4
Very good - What previous guests thought, 3,788 reviews
Price from
US$155.37
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.

S
Svetlana
From
Spain
Exceeded expectations, cozy and beautiful like at home, there is everything you need right in the room! Would recommend to anyone and would love to come back!!!
Scored out of 10, guest rating 8.1
Very good - What previous guests thought, 1,131 reviews
Price from
US$89.02
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
Annette
From
Sweden
Great hostel, the stuff was very helpful and informative when you asked them questions. Close walking distance to the centrum, BSI bus terminal and Halgrims church. I shared a room with 7 other wonderful people from other countries and it was great but you can book other kinds of room if you don't want to share with others. I recommend this hostel and I will book this place again in the future, already planing my next travel to Reykjavík.
Scored out of 10, guest rating 8.1
Very good - What previous guests thought, 4,967 reviews
Price from
US$120.89
1 night, 2 adults

Refurinn Reykjavik Guesthouse

Vesturbær, Reykjavík

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.

S
Shauna
From
Australia
Amazing stay- very automated and everything well explained
Scored out of 10, guest rating 8.7
Fabulous - What previous guests thought, 1,145 reviews
Price from
US$217.84
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.

d
darksky
From
Netherlands
The location of the hotel is good. We had a car and it took 15 minutes to reach to Reykjavik city center. There is a free parking space in the front. The room was clean and new. It was a silent hotel. The reception answers your messages quickly
Scored out of 10, guest rating 8.7
Fabulous - What previous guests thought, 2,599 reviews
Price from
US$133.76
1 night, 2 adults
All cheap hotels in Reykjavík

Top picks for Reykjavík hotels

Explore our most popular hotels in Reykjavík

Filter by:

Review score

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
Beatriz
From
Iceland
The hubs were bigger than expected, they have speakers connected to the hub, so u can connect ur phone via Bluetooth wich is very nice. Also enjoyed the jacuzzi
Scored out of 10, guest rating 9.0
Superb - What previous guests thought, 1,158 reviews
Price from
US$109.22
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.

E
Emelie
From
Germany
Very beautifully made hostel with well chosen interior design and a love for detail. A lot of privacy for a hostel with cosy bed nooks and high quality materials. Walking distance to nice streets, grocery stores and cool cafes and bars. Even tho they did not have their own parking it was easy to find a parking spot nearby. A lot of space for chilling and having a chat with fellow travellers - but it’s also feels nice and cosy for solo travellers 🫶 had a lovely stay!
Scored out of 10, guest rating 9.3
Superb - What previous guests thought, 993 reviews
Price from
US$98.60
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$116.57
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.

H
Halyna
From
Ukraine
Room and view were great. You can storage your luggage in hotel till 8pm in check-out day. It's great, if you have a late flight
Scored out of 10, guest rating 8.1
Very good - What previous guests thought, 1,915 reviews
Price from
US$122.08
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.

T
Tracy
From
United Arab Emirates
Easy to find, check in and check out is quick. Communication was good. This was the best accommodation (1BR apartment) we had in our Iceland trip. Very comfortable, warm and cosy. Would definitely recommend as base for Reyjavik.
Scored out of 10, guest rating 8.8
Fabulous - What previous guests thought, 1,448 reviews
Price from
US$128.64
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.

S
Salmina
From
Hong Kong
The staffs are very responsive (assuming you are reaching out within their operating hours, which I believe closes at 9pm. I was shared the check-in details over email as I was arriving post mid-night when the staffs would not be in the hostel to receive guests. The hostel is located at a walking distance from the marvelous Hallgrimskirkja church and bus stop 8 and 9. The pantry is stocked with free tea and coffee and cooking oil, salt, sugar and a fridge. It's very organized, washrooms are all very clean.
Scored out of 10, guest rating 8.4
Very good - What previous guests thought, 3,788 reviews
Price from
US$155.37
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.

S
Svetlana
From
Spain
Exceeded expectations, cozy and beautiful like at home, there is everything you need right in the room! Would recommend to anyone and would love to come back!!!
Scored out of 10, guest rating 8.1
Very good - What previous guests thought, 1,131 reviews
Price from
US$89.02
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
Annette
From
Sweden
Great hostel, the stuff was very helpful and informative when you asked them questions. Close walking distance to the centrum, BSI bus terminal and Halgrims church. I shared a room with 7 other wonderful people from other countries and it was great but you can book other kinds of room if you don't want to share with others. I recommend this hostel and I will book this place again in the future, already planing my next travel to Reykjavík.
Scored out of 10, guest rating 8.1
Very good - What previous guests thought, 4,967 reviews
Price from
US$120.89
1 night, 2 adults

Refurinn Reykjavik Guesthouse

Vesturbær, Reykjavík

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.

S
Shauna
From
Australia
Amazing stay- very automated and everything well explained
Scored out of 10, guest rating 8.7
Fabulous - What previous guests thought, 1,145 reviews
Price from
US$217.84
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.

d
darksky
From
Netherlands
The location of the hotel is good. We had a car and it took 15 minutes to reach to Reykjavik city center. There is a free parking space in the front. The room was clean and new. It was a silent hotel. The reception answers your messages quickly
Scored out of 10, guest rating 8.7
Fabulous - What previous guests thought, 2,599 reviews
Price from
US$133.76
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
Very good - What previous guests thought, 2,768 reviews

Popular with guests booking cheap hotels in Reykjavík

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

Popular with guests booking cheap hotels in Reykjavík

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

Popular with guests booking cheap hotels in Reykjavík

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, 4,414 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 7.9
Good - What previous guests thought, 3,809 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$244.58 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$231.64 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$264.10 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$272.36 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$1,670.87 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$512.21 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$249.07 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$150.58 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$227.59 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$168.68 per night

Exeter Hotel

Reykjavík
Breakfast options
Scored out of 10, guest rating 8.8
Fabulous - What previous guests thought, 2,511 reviews

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

From US$201.35 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$216.66 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$250.50 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$200.91 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$224.31 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$235.50 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$155.15 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$346.77 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$232.01 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$341.42 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$466.47 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$539.12 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$217.84 per night

FAQ about cheap hotels in Reykjavík

Cheap hotels that guests love in Reykjavík

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Avg. price/night: US$226.67
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$125.99
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$108.20
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