The 10 best cheap hotels in Ólafsvík, Iceland | Booking.com
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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

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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.

G
Giulia
From
Italy
New guesthouse, there’s a big kitchen and the rooms are comfortable
Scored out of 10, guest rating 8.6
Fabulous - What previous guests thought, 1,383 reviews
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.

I
Ion
From
Qatar
I would say this is one of the best guesthouses we have ever stayed. Everything was super clean, friendly staff, well equipped kitchen with a nice view, leisure room available, comfortable beds, clean and big bathrooms, parking available. Also, from an architectural point of view, the house itself has a good layout - each room does not have a common wall with neighbour and it is separated by bathrooms.I strongly recommend this guesthouse to be visited by the owners of other guesthouses - it is a lot to learn from a good example.
Scored out of 10, guest rating 8.3
Very good - What previous guests thought, 303 reviews
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.

K
Krina
From
India
We had a warm and comfortable stay. We truly enjoyed our time here, the space was lovely, well-kept, and added so much comfort to our Iceland trip.! :)
Scored out of 10, guest rating 8.2
Very good - What previous guests thought, 344 reviews
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.

P
Phoebe
From
Germany
The Freezer Hostel is probably one of the coolest places I’ve stayed at in Iceland! It’s beautifully decorated with a lot of art and characters, even the rooms are covered in art! The rooms were nice, beds comfy and the kitchen was pretty well equipped- you’ll find everything you need. The staff is super friendly, happy to tell you all the fun stories about the places or help you plan your day.
Scored out of 10, guest rating 8.1
Very good - What previous guests thought, 1,246 reviews
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
Kristina
From
Bulgaria
Amazing staff, very friendly and lovely people. The breakfast was great and very conveniet way to enter the building after 21:00. Everything is very close , beautiful place to stay
Scored out of 10, guest rating 8.3
Very good - What previous guests thought, 613 reviews
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.

S
Sandra
From
Germany
Really nice place - comfortable common area. Best beds we had so far on or trip.
Scored out of 10, guest rating 7.9
Good - What previous guests thought, 450 reviews
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.

R
Rugile
From
Lithuania
It is a fantastic place with so many birds around - we could see and listen to dozens of Eurasian oystercatchers, Common redshanks, Common snipes and many others.
Scored out of 10, guest rating 9.8
Exceptional - What previous guests thought, 110 reviews
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
Price from
US$369.95
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....

k
kai
From
Germany
Beautiful house and garden in a marvellous setting with incredible views. Clean, spacious and equipped with all you need. The host did our laundry and was very helpful. We will come back!
Scored out of 10, guest rating 9.6
Exceptional - What previous guests thought, 48 reviews
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.

K
Karel
From
Czech Republic
Great thanks for very helpfull owner,, he solved our problem with broken tire/pneu extremly quickly!
Scored out of 10, guest rating 8.7
Fabulous - What previous guests thought, 451 reviews
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

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Cheap hotels that guests love in Ólafsvík

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  • Scored out of 10, guest rating 8.3
    Very good - What previous guests thought, 303 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, 1,383 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, 1,383 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, 1,383 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