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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.

N
Nicolas
From
Belgium
Super friendly staff. Upon entrance we had trouble and he spontaneously offered his help without us having to ask. Rituals soap in the showers, wow! Showers were clean and had good pressure. The expensive soap was a blessing. The receptionist at the desk gave us a cityhub bracelet without chip to take with us when we left. Nice souvenir while I think this isn’t conventional to give out.
Scored out of 10, guest rating 9.0
Superb - What previous guests thought, 1,016 reviews
Price from
US$120.03
1 night, 2 adults

Hotel Lotus

Hotel in Reykjavík East, Reykjavík

Set an 8-minute drive from central Reykjavik, this hotel offers free parking and brightly decorated rooms with a flat-screen TV and free Wi-Fi access. Kringlan Shopping Centre is 1 km away.

G
Graeme
From
New Zealand
I really loved this place. After a couple of weeks of “varied” accomodations around Iceland, getting into a nice, comfortable room was simply a delight.
Scored out of 10, guest rating 9.0
Superb - What previous guests thought, 1,365 reviews
Price from
US$238.53
1 night, 2 adults

Nordic Hostel

Reykjavík 101, Reykjavík

Nordic Hostel is well located in Reykjavík, and features a shared lounge, free WiFi and a bar.

J
John
From
United States
Just perfect. Value for money, beautiful and clean facilities. Super professional and friendly staff. Wonderful place to be.
Scored out of 10, guest rating 9.3
Superb - What previous guests thought, 910 reviews
Price from
US$111.74
1 night, 2 adults

Lara Studio in Laugardalur valley, Reykjavík Central Park and Botanical Garden, Private entrance, FREE Private Parking on side

Reykjavík East, Reykjavík

Situated in Reykjavík and only 4.5 km from The Pearl, Lara Studio in Laugardalur valley, Reykjavík Central Park and Botanical Garden, Private entrance, FREE Private Parking on side features...

N
Niels
From
Iceland
Very clean and the welcome gifts are a real nice touch. Very good value for price👍
Scored out of 10, guest rating 9.5
Exceptional - What previous guests thought, 161 reviews
Price from
US$246.09
1 night, 2 adults

Iceland SJF Apartments - 201

Reykjavík East, Reykjavík

Set in Reykjavík, 2.9 km from Nauthólsvík Geothermal Beach and 1.3 km from Solfar Sun Voyager, Iceland SJF Apartments - 201 offers air-conditioned accommodation with a balcony and free WiFi.

J
Jana
From
Czech Republic
"We absolutely recommend this place! We only stayed for one night, but we would have loved to stay longer. It’s just a short walk from the city center. The apartment is spacious, spotless, beautifully decorated, and the beds are very comfortable. Everything we needed was provided. If we ever visit Reykjavik again, we’ll definitely stay here!"
Scored out of 10, guest rating 9.5
Exceptional - What previous guests thought, 128 reviews
Price from
US$293.21
1 night, 2 adults

Iceland SJF Apartments - 503

Reykjavík East, Reykjavík

A recently renovated apartment set in the Reykjavík East district of Reykjavík, Iceland SJF Apartments - 503 offers accommodation with with a garden, parking on-site and free WiFi.

f
farah
From
Italy
The flat was super comfy and everything smelled new and luxurious. The kitchen is fully equipped, really everything was there to make us feel at home, despite our 2 days short stay. The flat was easy to access, the view to the ocean was nice, and the light was bright. We were lucky enough to have a sunny day, which allowed us to enjoy lunch on the Terrasse. The bed had a fantastic mattress and cushions. The location holds easy parking just under the building, with a short walk to the city centre. Highly recommended.
Scored out of 10, guest rating 9.2
Superb - What previous guests thought, 136 reviews
Price from
US$502.65
1 night, 2 adults

Iceland SJF Apartments - 401

Reykjavík East, Reykjavík

Situated in Reykjavík, 2.9 km from Nauthólsvík Geothermal Beach and 1.4 km from Solfar Sun Voyager, Iceland SJF Apartments - 401 features air-conditioned accommodation with a balcony and free WiFi.

J
Jan
From
Poland
Perfect place. Perfect localization and contact with owner.
Scored out of 10, guest rating 9.6
Exceptional - What previous guests thought, 182 reviews
Price from
US$314.16
1 night, 2 adults

Lundur Apartments - Down Town

Reykjavík 101, Reykjavík

Ideally set right in the centre of Reykjavík, Lundur Apartments - Down Town is a recently renovated apartment, featuring free WiFi and private parking.

G
GiuliaFnn
From
Italy
The apartment is huge, beautifully furnished, fully equipped and in the pedestrian area. The private parking is really useful. We would definitely book again
Scored out of 10, guest rating 9.1
Superb - What previous guests thought, 132 reviews
Price from
US$480.66
1 night, 2 adults

Center Apartments - Esja

Reykjavík East, Reykjavík

2.8 km from Nauthólsvík Geothermal Beach, Center Apartments - Esja is situated in Reykjavík and features air-conditioned rooms with free WiFi. Guests staying at this apartment have access to a...

I
Ivana
From
Slovakia
Our stay was very nice, room was cleen, room equipment perfect, personal very pleasant, free parking, shop was near. Thanks for everything👍😊
Scored out of 10, guest rating 9.0
Superb - What previous guests thought, 251 reviews
Price from
US$325.79
1 night, 2 adults

Center apartments - Hekla

Reykjavík East, Reykjavík

Situated in Reykjavík, 2.8 km from Nauthólsvík Geothermal Beach and 1.4 km from Solfar Sun Voyager, Center apartments - Hekla features air-conditioned accommodation with a balcony and free WiFi.

U
Ulrika
From
Australia
The apartment was really well equipped, very clean and practical and easily slept 4
Scored out of 10, guest rating 9.2
Superb - What previous guests thought, 153 reviews
Price from
US$293.21
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, 2,748 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.9
Fabulous - What previous guests thought, 3,094 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.0
Very good - What previous guests thought, 5,046 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.0
Very good - What previous guests thought, 2,579 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.6
Fabulous - What previous guests thought, 3,216 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.5
Very good - What previous guests thought, 3,386 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.8
Fabulous - What previous guests thought, 1,365 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.1
Very good - What previous guests thought, 3,770 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 7.9
Good - What previous guests thought, 3,768 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.2
Very good - What previous guests thought, 6,848 reviews

Enjoy breakfast in Reykjavík and nearby

Scored out of 10, guest rating 9.2
Superb - What previous guests thought, 547 reviews

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

Scored out of 10, guest rating 9.0
Superb - What previous guests thought, 469 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$312.45 per night
Scored out of 10, guest rating 9.1
Superb - What previous guests thought, 848 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$375.10 per night
Scored out of 10, guest rating 8.9
Fabulous - What previous guests thought, 2,748 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$200.13 per night

Exeter Hotel

Reykjavík
Breakfast options
Scored out of 10, guest rating 8.7
Fabulous - What previous guests thought, 2,737 reviews

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

From US$245.51 per night

ALVA Apartments

Reykjavík
Breakfast options
Scored out of 10, guest rating 8.6
Fabulous - What previous guests thought, 720 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$237.36 per night
Scored out of 10, guest rating 8.9
Fabulous - What previous guests thought, 517 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$271.44 per night
Scored out of 10, guest rating 8.6
Fabulous - What previous guests thought, 3,216 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$219.32 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, 295 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$302.93 per night
Scored out of 10, guest rating 10
Exceptional - What previous guests thought, 5 reviews

Located in Reykjavík, less than 1 km from Hallgrímskirkja Church, 3.4 km from The Pearl and 49 km from Blue Lagoon, Luxury Central Apartment provides accommodation with a balcony and free WiFi.

Scored out of 10, guest rating 8.4
Very good - What previous guests thought, 21 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$170.20 per night
Scored out of 10, guest rating 8.4
Very good - What previous guests thought, 1,715 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$194.91 per night
Scored out of 10, guest rating 9.2
Superb - What previous guests thought, 603 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$375.83 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 8.0
Very good - What previous guests thought, 1,160 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$183.26 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$551.58 per night

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

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.

From US$462.98 per night
Scored out of 10, guest rating 8.6
Fabulous - What previous guests thought, 1,150 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$148.35 per night
Scored out of 10, guest rating 9.1
Superb - What previous guests thought, 138 reviews

Set in the centre of Reykjavík, just 500 metres from Hallgrímskirkja Church and less than 1 km from Solfar Sun Voyager, Perfect Apartment in the Heart of Reykjavík offers accommodation with city views...

Scored out of 10, guest rating 7.9
Good - What previous guests thought, 361 reviews

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

From US$436.33 per night
Scored out of 10, guest rating 8.3
Very good - What previous guests thought, 1,296 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$215.84 per night
Scored out of 10, guest rating 8.1
Very good - What previous guests thought, 226 reviews

In the centre of Reykjavík, Reykjavik Antique Rentals provides rooms with free WiFi.

Scored out of 10, guest rating 8.8
Fabulous - What previous guests thought, 357 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...

From US$345.57 per night

Hotel Frón

Reykjavík
Central location
Scored out of 10, guest rating 8.3
Very good - What previous guests thought, 2,469 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$174.53 per night

FAQ about cheap hotels in Reykjavík

Cheap hotels that guests love in Reykjavík

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Avg. price/night: US$186.28
Scored out of 10, guest rating 8.7
Fabulous - What previous guests thought, 902 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$113.42
Scored out of 10, guest rating 8.1
Very good - What previous guests thought, 3,770 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
gogless