The 10 best cheap hotels in Ólafsvík, Iceland | Booking.com
Skip to main content

Cheap hotels in Ólafsvík

Find the cheap hotels that appeal to you the most

The best cheap hotels in Ólafsvík

Check out our pick of great cheap hotels in Ólafsvík

Filter by:

Review score

Við Hafið Guesthouse

Ólafsvík

Located along the coastline, Við Hafið Guesthouse offers accommodation in Ólafsvík. Guests can benefit from free WiFi. Rooms feature either a view of the sea or mountains.

A
Andrea
From
Serbia
We liked everything here! This is a great guesthouse, has enough bathrooms separated by male and female, big kitchen that has everything you need for any type of meal prep. Rooms have small sink, table with chairs and place for jackets. Easy self check-in, right next to the main road, bunch of parking spots, some food shops like pizza and similar that you can buy, Orkan right next to the building. We loved it here and would recommend 10/10.
Scored out of 10, guest rating 8.6
Fabulous - What previous guests thought, 1,382 reviews
Location 9.1
Price from
US$148.07
1 night, 2 adults

Olafsvik Guesthouse

Ólafsvík

Located in Ólafsvík, Olafsvik Guesthouse features a shared lounge. This guest house provides free private parking and a shared kitchen.

P
Prathima Raje
From
India
Great stay, very comfortable for 2!
Scored out of 10, guest rating 8.3
Very good - What previous guests thought, 302 reviews
Location 9.1
Price from
US$146.98
1 night, 2 adults

Hotel Vest Mar

Ólafsvík

Hotel Vest Mar welcomes you to the charming fishing village of Ólafsvík, offering a cozy and relaxing stay just minutes from Snæfellsjökull National Park.

C
Christian
From
Switzerland
very easy handling, proper, clean, self check-in
Scored out of 10, guest rating 8.2
Very good - What previous guests thought, 344 reviews
Location 8.8
Price from
US$188.13
1 night, 2 adults

The Freezer Hostel & Culture Center

Hellissandur (Near Ólafsvík)

Situated on western Iceland’s Snaefellsnes Peninsula, this former fish processing factory has been converted into a professional theatre and artsy hostel. Free WiFi access is available throughout.

H
Hajar
From
Canada
The hospitality and friendliness of staff who was working there. He was very nice and polite. The place was clean.
Scored out of 10, guest rating 8.1
Very good - What previous guests thought, 1,246 reviews
Location 8.3
Price from
US$140.74
1 night, 2 adults

Adventure Hotel Hellissandur

Hellissandur (Near Ólafsvík)

Adventure Hotel Hellissandur in Hellissandur features 3-star accommodation with a terrace, a restaurant and a bar. Guests can have a drink at the snack bar.

K
Katarzyna
From
Poland
I consider the stay at the hotel to be the most successful. The location of this place is perfect to stay in the middle of exploring the peninsula. Hotel service very nice, especially I must mention Patrick who warmly welcomed us. I really recommend this place. :)
Scored out of 10, guest rating 8.3
Very good - What previous guests thought, 613 reviews
Location 8.7
Price from
US$317.47
1 night, 2 adults

Gamla Rif

Snæfellsbær (Near Ólafsvík)

Gamla Rif provides rooms in Snæfellsbær. This guest house offers air-conditioned accommodation with a terrace and free WiFi.

N
Nataliia
From
Belgium
Great place, easy check-in and check-out. Everything was clean, all the necessary in the kitchen and beyond. Nice shower, cute details like cotton sponges in the bathroom, hairdryer, shower soap and shampoo. What is the most important, is the mattress and pillows - it was good and comfortable! For me this is the main criteria! Often hotels and guesthouses invest in stuff around, but save on mattresses. Here I felt that the sleep of guests is important to the host. Top!
Scored out of 10, guest rating 7.9
Good - What previous guests thought, 450 reviews
Location 8.7
Price from
US$129.02
1 night, 2 adults

Peninsula Suites

Hellnar (Near Ólafsvík)

Peninsula Suites is located in Hellnar. This property offers access to a balcony, free private parking and free WiFi.

J
Jana Vejpravova
From
Czech Republic
Amazing cabin with a direct sea view, stylish design, and comfortable amenities. Unbelievably comfy beds with excellent pillows and sheets. Perfect base for exploring the Snæfellsnes Peninsula.
Scored out of 10, guest rating 9.8
Exceptional - What previous guests thought, 108 reviews
Location 9.9
Price from
US$417.41
1 night, 2 adults

Kambur Cottages

Snæfellsbær (Near Ólafsvík)

Kambur Cottages has sea views, free WiFi and free private parking, situated in Snæfellsbær. With mountain views, this accommodation features a terrace. The guest house features family rooms.

F
Fynn
From
Germany
Beautiful cottage with a fully equipped kitchen. They even had an egg slicer. You have a great view to the sea, the room was cosy and the water was hot. Our only regret is that we didn’t stay longer!
Scored out of 10, guest rating 9.2
Superb - What previous guests thought, 79 reviews
Location 9.5
Price from
US$335.46
1 night, 2 adults

Glass House with Private River & 360° Views

Arnarstapi (Near Ólafsvík)

Glass House with Private River & 360° Views is located in Arnarstapi. This property offers access to a patio, free private parking and free WiFi. Outdoor seating is also available at the holiday home....

Y
Yedidya
From
Israel
We had the best stay! The house's location was private with an open floor plan and windows that looked out to the ocean on one side and the glacier on the other. Big common space and kitchen, which we used to make all meals. Kitchen has a new touch stove, which was easy to keep clean. Plenty of pots, pans and baking items. Coffee and tea in the house was also good. Nice touch to have drinks available and we find coffee important. It was great to have a smart TV- made everything feel modern even in the countryside. The house decor had style and it did not feel like an average hotel room. Lighting was also great, considering how dark it got we had plenty of options of what to turn on and off. Would definitely return to experience the area in another season!
Scored out of 10, guest rating 9.6
Exceptional - What previous guests thought, 48 reviews
Location 10.0
Price from
US$793.67
1 night, 2 adults

Snæfellsjökull Apartments

Snæfellsbær (Near Ólafsvík)

Situated in Snæfellsbær in the West Iceland region, Snæfellsjökull Apartments has a patio. Featuring sea and mountain views, this apartment also comes with free WiFi.

Y
Yanjing
From
China
Location and space are perfect
Scored out of 10, guest rating 8.7
Fabulous - What previous guests thought, 449 reviews
Location 9.0
Price from
US$317.47
1 night, 2 adults
All cheap hotels in Ólafsvík

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 Ólafsvík and surroundings in the past month

See all

Cheap hotels that guests love in Ólafsvík

See all
  • Scored out of 10, guest rating 8.3
    Very good - What previous guests thought, 302 reviews
    We liked the town of Ólafsvik for its location and the Sker restaurant. The rooms are clean and comfortable.
    Guest review by
    Grelinette
    Family with young children
  • Avg. price/night: US$200
    Scored out of 10, guest rating 8.6
    Fabulous - What previous guests thought, 1,382 reviews
    It was very quiet and very clean. The staff was super helpful and nice. The kitchen is well equipped and the whole house seems quite new.
    Guest review by
    Eva
    Young couple
  • Avg. price/night: US$200
    Scored out of 10, guest rating 8.6
    Fabulous - What previous guests thought, 1,382 reviews
    • Well equipped guesthouse • Spacious kitchen to share with a beach view • Washer & dryer available, since many places in Iceland don’t have that. (Isk 8000) • Very clean room • Several toilets and shower to share, didn’t have to wait for one even the guesthouse was pretty full • Staff are helpful :) • Location is great • Do note there are strict rules about not using the common kitchen, washer and dryer after 9/10pm. Since the common area is close to other guests room.
    Guest review by
    Jackie
    People with friends
  • Avg. price/night: US$200
    Scored out of 10, guest rating 8.6
    Fabulous - What previous guests thought, 1,382 reviews
    Tidy, very clean and comfortable. we were surprised how good it was given the description as a hostel. In some countries hostels can be poor but not in Iceland it seems. The only minus was that the heating made the room very hot and not ideal for sleeping but the beds were very comfortable. If you are thinking of staying in Olafsvik, this is a great option!
    Guest review by
    Ken
    Young couple