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

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.

G
Gilberto Lepe
From
United States
Well equipped with the essentials, clean shared shower, and restrooms. Being able to buy cafeteria items with the bracelet was cool and efficient. Friendly staff and well-located venue.
Scored out of 10, guest rating 9.0
Superb - What previous guests thought, 1,074 reviews
Price from
US$114.58
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
YIN PENG
From
Taiwan
The decoration of the house is modern and comfortable.
Scored out of 10, guest rating 9.5
Exceptional - What previous guests thought, 99 reviews
Price from
US$672.51
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.

M
Matsui
From
Ukraine
Very clean, very comfortable beds, amazing view from the toilet :) several bathrooms so it's not crowded
Scored out of 10, guest rating 8.1
Very good - What previous guests thought, 1,146 reviews
Price from
US$113.05
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.

E
Erzsó
From
Hungary
Awesome stuff Great kitchen Good bed Towel 😃
Scored out of 10, guest rating 8.0
Very good - What previous guests thought, 5,034 reviews
Price from
US$120.68
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.

c
christopher
From
Austria
The big windows in the living room were great. Self check in, free parking, good located to start some trips. Everything was fine.
Scored out of 10, guest rating 8.7
Fabulous - What previous guests thought, 1,744 reviews
Price from
US$147.93
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.

G
Guillermo
From
Spain
Good beds and complet kitchen. The showers fine too! Feel comfortable! The relation money-quality, for being in Island, was fine!
Scored out of 10, guest rating 8.0
Very good - What previous guests thought, 4,498 reviews
Price from
US$125.23
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.

M
Morillo Caballero
From
Spain
Excellent as always. Planty space, enough toilets for everyone. Lots of tours, coffe chocolate facilites. In my opinión the BEST hostel at Reikiavik.
Scored out of 10, guest rating 8.1
Very good - What previous guests thought, 3,832 reviews
Price from
US$129.30
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.

S
SAADA
From
Oman
Easy to get there plus the staff very helpful special thanks to Larissa. She was very helpful and supportive
Scored out of 10, guest rating 8.4
Very good - What previous guests thought, 1,719 reviews
Price from
US$189.50
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...

M
Monika
From
Austria
a place in Reykjavik to really feel home; within a nice surrounding inside the house as well as outside. the hosts are amazingly friendly and if I come back to Iceland I wouldn't miss to stay another nights there, as it feels like a home place. thank you!
Scored out of 10, guest rating 8.9
Fabulous - What previous guests thought, 3,089 reviews
Price from
US$260.89
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.

V
Viktor
From
North Macedonia
Definitely worth a visit!! Very pleasant staff and facilities :)
Scored out of 10, guest rating 8.0
Very good - What previous guests thought, 2,579 reviews
Price from
US$122.26
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

See all

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.9
Fabulous - What previous guests thought, 2,737 reviews

Popular with guests booking cheap hotels in Reykjavík

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, 5,034 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.5
Very good - What previous guests thought, 3,372 reviews

Popular with guests booking cheap hotels in Reykjavík

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, 4,498 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

Enjoy breakfast in Reykjavík and nearby

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

<h2>Prime City Location</h2> Iceland Parliament Hotel, Curio Collection by Hilton in Reykjavík offers a convenient location with Hallgrímskirkja Church a 12-minute walk away and Reykjavik Old Harbour...

From US$249.25 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$265.79 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$290.24 per night
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$290.32 per night
Scored out of 10, guest rating 8.9
Fabulous - What previous guests thought, 2,737 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$152.47 per night

Exeter Hotel

Reykjavík
Breakfast options
Scored out of 10, guest rating 8.8
Fabulous - What previous guests thought, 2,662 reviews

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

From US$191.32 per night

ALVA Apartments

Reykjavík
Breakfast options
Scored out of 10, guest rating 8.6
Fabulous - What previous guests thought, 734 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$278.28 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$249.93 per night

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

Scored out of 10, guest rating 8.2
Very good - What previous guests thought, 294 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$317.65 per night
Scored out of 10, guest rating 8.4
Very good - What previous guests thought, 1,719 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$189.50 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$363.50 per night
Scored out of 10, guest rating 8.6
Fabulous - What previous guests thought, 786 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 8.1
Very good - What previous guests thought, 1,146 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$191.32 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$449.48 per night
Scored out of 10, guest rating 9.0
Superb - What previous guests thought, 2 reviews

Spacious 3Bedroom Apartment on Rainbow Street 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, 342 reviews

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

From US$148.71 per night

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

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$147.84 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$240.85 per night
Scored out of 10, guest rating 8.3
Very good - What previous guests thought, 1,317 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$215.09 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$292.19 per night
Scored out of 10, guest rating 8.8
Fabulous - What previous guests thought, 359 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...

Hotel Frón

Reykjavík
Central location
Scored out of 10, guest rating 8.3
Very good - What previous guests thought, 2,468 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$192.48 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$133.28 per night
Scored out of 10, guest rating 8.0
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$452.20 per night

FAQ about cheap hotels in Reykjavík

Cheap hotels that guests love in Reykjavík

See all
Avg. price/night: US$165.81
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$122.70
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