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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, 1,077 reviews
Price from
US$115.02
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.

D
Denisa
From
Czech Republic
Location and facilities were great and it was pleasant to stay there.
Scored out of 10, guest rating 9.5
Exceptional - What previous guests thought, 99 reviews
Price from
US$675.09
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.

B
Beata
From
Slovakia
A very nice accomodation, good located in the center. Comfortable, well equipped. Many good restaurants around. Thanks for the free taxi from the airport!
Scored out of 10, guest rating 8.1
Very good - What previous guests thought, 1,146 reviews
Price from
US$113.49
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.

R
Roubalová
From
Czech Republic
The best hostel in the world. I miss the people on the front desk and possibility of breakfast though :(
Scored out of 10, guest rating 8.0
Very good - What previous guests thought, 5,025 reviews
Price from
US$121.14
1 night, 2 adults

Blue Mountain Apartments by Heimaleiga

Kópavogur, Reykjavík

Blue Mountain Apartments by Heimaleiga provides modern self-catering accommodation in Kópavogur. WiFi and parking are free. Smáralind Shopping Center is 3.8 km away.

M
Martina
From
Slovakia
I liked that the apartment was very clean, well equiped, and bathroom was nice. Beds were comfortable.
Scored out of 10, guest rating 8.7
Fabulous - What previous guests thought, 1,744 reviews
Price from
US$148.50
1 night, 2 adults

KEX Hostel and Hotel

Reykjavík 101, Reykjavík

Set just 250 meters from Laugarvegur shopping street, this central Reykjavik hostel offers guest rooms and dormitory rooms with free Wi-Fi access. Harpa Concert Hall is 1 km away.

T
Thur
From
Sweden
I had a wonderful time at Kex! There was an incredible concert downstairs and the mood over all felt social and fun, like hostel often då. The large dorms with so many beds were roomy enough.
Scored out of 10, guest rating 8.0
Very good - What previous guests thought, 4,492 reviews
Price from
US$125.71
1 night, 2 adults

Bus Hostel Reykjavik

Reykjavík East, Reykjavík

Located in Reykjavík, 1.9 km from Nauthólsvík Geothermal Beach, Bus Hostel Reykjavik provides accommodation with a shared lounge, free private parking, a terrace and a bar.

N
Nigar
From
Azerbaijan
Staff was very nice and helpful. The room clean and warm. Perfect location if you are taking every day tours out of Reykjavik as all the buses stop next to the Hostel.
Scored out of 10, guest rating 8.1
Very good - What previous guests thought, 3,832 reviews
Price from
US$129.79
1 night, 2 adults

Loft - HI Eco Hostel

Reykjavík 101, Reykjavík

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.

M
Manna
From
Hong Kong
All staffs are so friendly, everything are well organised and make you feels like home.
Scored out of 10, guest rating 8.4
Very good - What previous guests thought, 1,721 reviews
Price from
US$190.22
1 night, 2 adults

Eric the Red Guesthouse

Reykjavík 101, Reykjavík

Eric the Red is a perfectly located Guest House in Reykjavik just 60m/200ft from Hallgrímskirkja Church which is the biggest church and single most central point in Reykjavik, we are in short walking...

p
panzarro
From
Slovakia
Nice and clean rooms literally in city center.
Scored out of 10, guest rating 8.9
Fabulous - What previous guests thought, 3,093 reviews
Price from
US$261.89
1 night, 2 adults

Dalur - HI Eco Hostel

Reykjavík East, Reykjavík

Located 3.5 km from Reykjavik city centre, this eco-certified hostel is beside the geothermally heated Laugardalslaug Swimming Pool.

G
Galina
From
Bulgaria
Literally the bestest hostel I’ve stayed at. The other guests were very respectful and friendly, the beds were the most comfortable hostel beds I’ve experienced, you have plugins available right next to your bed, hairdryer etc. But probably my favourite part was the common area: such a cozy, spacious space! I would definitely choose again this place when I come back to Reykjavik!
Scored out of 10, guest rating 8.0
Very good - What previous guests thought, 2,578 reviews
Price from
US$122.73
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
Fabulous - What previous guests thought, 2,734 reviews

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Scored out of 10, guest rating 8.5
Very good - What previous guests thought, 2,681 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.0
Very good - What previous guests thought, 5,025 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.5
Very good - What previous guests thought, 3,375 reviews

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Scored out of 10, guest rating 8.6
Fabulous - What previous guests thought, 3,212 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.1
Very good - What previous guests thought, 3,832 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 7.9
Good - What previous guests thought, 3,781 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.0
Very good - What previous guests thought, 4,492 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.8
Fabulous - What previous guests thought, 1,399 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.2
Very good - What previous guests thought, 6,813 reviews

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

Scored out of 10, guest rating 9.2
Superb - What previous guests thought, 558 reviews

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

From US$250.21 per night
Scored out of 10, guest rating 9.0
Superb - What previous guests thought, 455 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$266.82 per night
Scored out of 10, guest rating 9.1
Superb - What previous guests thought, 874 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$291.37 per night
Scored out of 10, guest rating 9.6
Exceptional - What previous guests thought, 18 reviews

Situated less than 1 km from Solfar Sun Voyager and a 11-minute walk from Hallgrímskirkja Church in the centre of Reykjavík, City Lux 2BR & 2BA with Free Parking City Center features accommodation...

Scored out of 10, guest rating 9.3
Superb - What previous guests thought, 20 reviews

In the Reykjavík 101 district of Reykjavík, close to Hallgrímskirkja Church, Most Desirable Penthouse in Reykjavík features free WiFi and a washing machine.

Scored out of 10, guest rating 8.4
Very good - What previous guests thought, 22 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$159.55 per night
Scored out of 10, guest rating 8.4
Very good - What previous guests thought, 1,721 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$190.22 per night
Scored out of 10, guest rating 9.2
Superb - What previous guests thought, 606 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$364.90 per night

Enjoy breakfast in Reykjavík and nearby

Scored out of 10, guest rating 8.4
Very good - What previous guests thought, 1,375 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$291.45 per night
Scored out of 10, guest rating 8.9
Fabulous - What previous guests thought, 2,734 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$153.06 per night

Exeter Hotel

Reykjavík
Breakfast options
Scored out of 10, guest rating 8.8
Fabulous - What previous guests thought, 2,661 reviews

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

From US$192.05 per night
Scored out of 10, guest rating 8.9
Fabulous - What previous guests thought, 512 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$250.89 per night
Scored out of 10, guest rating 8.6
Fabulous - What previous guests thought, 3,212 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$241.78 per night

Hotel Ódinsvé

Reykjavík
Breakfast options
Scored out of 10, guest rating 8.3
Very good - What previous guests thought, 1,319 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$215.91 per night
Scored out of 10, guest rating 8.8
Fabulous - What previous guests thought, 2,028 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$267.71 per night
Scored out of 10, guest rating 8.6
Fabulous - What previous guests thought, 1,625 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$175.76 per night

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, 266 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$399.93 per night
Scored out of 10, guest rating 9.8
Exceptional - What previous guests thought, 5 reviews

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

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.

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$451.21 per night
Scored out of 10, guest rating 9.1
Superb - What previous guests thought, 342 reviews

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

From US$149.28 per night
Scored out of 10, guest rating 8.6
Fabulous - What previous guests thought, 1,152 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$148.40 per night
Scored out of 10, guest rating 7.9
Good - What previous guests thought, 354 reviews

Odinn Apartments is situated in Reykjavík, 300 metres from Hallgrímskirkja Church and 700 metres from Harpa Concert Hall & Conference Centre.

From US$424.84 per night
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$293.32 per night

FAQ about cheap hotels in Reykjavík

Cheap hotels that guests love in Reykjavík

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Avg. price/night: US$167.49
Scored out of 10, guest rating 8.7
Fabulous - What previous guests thought, 913 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$123.16
Scored out of 10, guest rating 8.1
Very good - What previous guests thought, 3,832 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