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The best cheap hotels in Lake Myvatn

Check out our pick of great cheap hotels in Lake Myvatn

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Superb: 9+ Very good: 8+ Good: 7+ Pleasant: 6+
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Fosshotel Mývatn is located next to Lake Mývatn, 6.8 km to the Mývatn Nature Baths. The hotels provides free WiFi and free private parking. Guests can enjoy drinks from the bar and food at the restaurant with a lake view. Amazing location, friendly and helpfull staff (especially Kristina), delicious food, close to the attractions

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9.1
Superb
1,298 reviews

This hotel is quietly situated 2 km from Lake Mývatn and 30 minutes’ drive from the Godafoss Waterfall and Krafla Crater. It offers free Wi-Fi and rooms with modern furnishings.

A flat-screen satellite TV, electric kettle and seating area can be found in all Hótel Laxá rooms. Free toiletries and a hairdryer are provided in the bathrooms. we signed up for northern lights alerts and they tapped on the door when the lights were sighted! Very appreciated. Dinner was terrific and the breakfast was generous. Beautiful location!

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9.2
Superb
1,780 reviews

Boasting garden views, Myvo The Studio apartment at Geiteyjarströnd 4 offers accommodation with a garden, around 48 km from Godafoss Waterfall. This beachfront property offers access to a terrace, free private parking and free WiFi. The property is non-smoking and is set 9 km from Myvatn Nature Baths. We Loved everything! Location. Facilities - it’s a beautifully stylish little cottage on the edge of the lake. The sheep graze nearby and the birds are sitting on their nests. The apartment is extremely well furnished and has everything you need. Was a wonderful 3 nights there

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9.3
Superb
115 reviews
Price from
US$367
per night

Overlooking Lake Mývatn, this camping site offers cottages with wooden floors, a private bathroom and a terrace. Krossdalur Golf Course is 500 metres away, and Reykjahlíd village is 1 km from the cottages. Very spacious and comfortable.

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9.3
Superb
103 reviews
Price from
US$210
per night

Featuring mountain views, Mývatn apartments provides accommodation with balcony, around 4.5 km from Myvatn Nature Baths. This property offers access to a terrace, free private parking and free WiFi. Each room has a patio with views of the garden. really everything : 2 bathrooms, outdoor patio with bbq, great beds, parking in front, isolated from road , close to things to see etc etc

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9.4
Superb
53 reviews
Price from
US$372
per night

This hotel is situated on Lake Myvatn, 3.3 km from Myvatn Nature Baths. A number of amenities including a bar and free WiFi are featured. Boasting a 24-hour front desk, this hotel also provides a restaurant. Comfortable and friendly. Very nice breakfast

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8.9
Fabulous
2,056 reviews
Price from
US$157
per night

Offering a shared kitchen/lounge and mountain views, Skútustadir Guesthouse is set on a farm by the southern shore of Lake Mývatn. WiFi and parking are free.

The geothermally heated Mývatn Nature Baths are 18 km away. The surrounding area is popular for bird watching. Iceland’s premier whale watching location, Húsavík, is a 45-minute drive away. the location was amazing.. we witnessed snowfall.

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8.8
Fabulous
1,883 reviews
Price from
US$98
per night

Situated by Lake Mývatn, this guest house offers basic rooms with shared facilities. The Mývatn Nature Baths is a 10-minute drive away. Free parking is available on site and the Ring Road is only a 3-minute drive away. Cute place, nice vibes. One of our faves so far in Iceland.

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8.4
Very good
1,483 reviews

Quietly located 5 km from Iceland's Ring Road and 13 km from Lake Mývatn, this family-run guest house offers views over Sandfell Mountain. On-site facilities include 2 hot tubs and a communal TV lounge. Free WiFi is available in the common areas. Great place to spend the night. Restaurant on site! Very cosy.

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8.9
Fabulous
1,465 reviews

Situated by Lake Myvatn, this hotel offers WiFi . All rooms feature a TV and private bathroom. Skútustaðagígar natural site is 2 minutes’ walk away.

Parking is free on site. Mývatn Nature Baths are a 20-minute drive away. The Husavik Whale Museum is 68 km from the hotel. Superb hotel. Go for it if you are looking for a stay in Myvatn area. Great rooms and fantastic staff. Opt for dinner. We enjoyed dinner as well as breakfast next morning. We also spotted Aurora from this stay.

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8.8
Fabulous
1,841 reviews

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