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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.

T
Theussl
From
Austria
There was a mistake for my booking through booking.com, so booking.com mixed up my reservation with someone else’s. But the employee managed it very well! We loved how helpful they were. The hub is very comfortable, clean and, what I didn’t expect, quite. For one to two nights a very very good option. Would book it again.
Scored out of 10, guest rating 9.0
Superb - What previous guests thought, 1,128 reviews
Price from
US$117.13
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.

L
Lammas
From
Australia
The location suited us as we wanted good parking and not to be in the inner city Everything was spot on for us. Nice breakfast. Friendly staff and host.
Scored out of 10, guest rating 9.0
Superb - What previous guests thought, 1,378 reviews
Price from
US$238.78
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.

C
Claudio
From
Portugal
The hostel feels more like a hotel, the interior design is really superior, the common spaces as well as the bedrooms. The beds are super comfortable, and the blinds block the lights in an excellent way, which is a must if you travel during summer, and to have a restoring sleep. The location is also perfect, the staff is very very kind and ready to help.
Scored out of 10, guest rating 9.3
Superb - What previous guests thought, 961 reviews
Price from
US$96.86
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...

a
ann marie
From
Ireland
We like our friendly host Lara & her attend to detail. Good location and price
Scored out of 10, guest rating 9.5
Exceptional - What previous guests thought, 167 reviews
Price from
US$246.36
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.

P
Peter
From
Faroe Islands
A lovely and well equipped clean and tidy apartment with all what you need for a comfortable stay. Free parking also a big plus!!
Scored out of 10, guest rating 9.5
Exceptional - What previous guests thought, 132 reviews
Price from
US$283.05
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.

C
Craig
From
Australia
The apartment was well located, with groceries and restaurants close by. It was big enough to fit three adults in comfort.
Scored out of 10, guest rating 9.5
Exceptional - What previous guests thought, 100 reviews
Price from
US$663.94
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.

A
Alison
From
United Kingdom
Lovely, well equipped, comfortable, modern apartment in good location easily walkable to central Reykjavik and main attractions. Easy to access the apartment with instructions from the host, who responded very promptly to our questions and we were able to access the apartment by lunchtime on arrival day which was really helpful. Nice balcony which gets the sun - we were able to sit outside in mid September. Free parking on the street outside.
Scored out of 10, guest rating 9.2
Superb - What previous guests thought, 142 reviews
Price from
US$230.63
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.

B
Beatrice
From
Singapore
Bedroom overlooking a beautiful mountain. The beds were comfortable to sleep on. Spacious apartment and clean too. Having laundry facilities below is a blessing
Scored out of 10, guest rating 9.6
Exceptional - What previous guests thought, 184 reviews
Price from
US$304.01
1 night, 2 adults

Panoramic Studio Apartment with stunning view - Free Parking

Reykjavík East, Reykjavík

Offering mountain views, Panoramic Studio Apartment with stunning view - Free Parking is an accommodation situated in Reykjavík, 4.4 km from Hallgrímskirkja Church and 4.5 km from The Pearl.

J
Jayanta
From
India
The view from the property was undoubtably the the best in this stay; the comfort, facilities and host was excellent as well. Parking was ample and checkin was super easy.
Scored out of 10, guest rating 9.1
Superb - What previous guests thought, 129 reviews
Price from
US$157.25
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.

K
Kongjing
From
Belgium
The apartment is very clean and very comfortable. The kitchen is well equipped with quality utensils.
Scored out of 10, guest rating 9.0
Superb - What previous guests thought, 134 reviews
Price from
US$481.18
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 8.8
Fabulous - What previous guests thought, 2,573 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.1
Very good - What previous guests thought, 3,882 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.5
Very good - What previous guests thought, 2,726 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.0
Very good - What previous guests thought, 5,006 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.5
Very good - What previous guests thought, 3,343 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.8
Fabulous - What previous guests thought, 1,430 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 8.0
Very good - What previous guests thought, 4,443 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 7.9
Good - What previous guests thought, 3,803 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.2
Very good - What previous guests thought, 6,838 reviews

Enjoy breakfast in Reykjavík and nearby

Scored out of 10, guest rating 9.2
Superb - What previous guests thought, 566 reviews

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

From US$273.88 per night
Scored out of 10, guest rating 9.0
Superb - What previous guests thought, 442 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$273.88 per night
Scored out of 10, guest rating 9.1
Superb - What previous guests thought, 904 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$315.92 per night
Scored out of 10, guest rating 8.3
Very good - What previous guests thought, 299 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$279.49 per night
Scored out of 10, guest rating 8.4
Very good - What previous guests thought, 1,355 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$284.72 per night
Scored out of 10, guest rating 8.9
Fabulous - What previous guests thought, 2,777 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$195.10 per night
Scored out of 10, guest rating 8.1
Very good - What previous guests thought, 1,133 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$214.03 per night

Exeter Hotel

Reykjavík
Breakfast options
Scored out of 10, guest rating 8.8
Fabulous - What previous guests thought, 2,573 reviews

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

From US$410.01 per night

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

Scored out of 10, guest rating 9.6
Exceptional - What previous guests thought, 387 reviews

Set in a preserved historic house, this accommodation is located in the old town and is a 13-minute walk of Hallgrímskirkja Church in Reykjavík.

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$260.96 per night
Scored out of 10, guest rating 9.2
Superb - What previous guests thought, 607 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$542.21 per night
Scored out of 10, guest rating 10
Exceptional - What previous guests thought, 1 review

Ranargata Three Bedrooms Apartments has a patio and is set in Reykjavík, within just 1.4 km of Solfar Sun Voyager and 400 metres of Reykjavik Old Harbour.

From US$527.95 per night
Scored out of 10, guest rating 8.6
Fabulous - What previous guests thought, 746 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$347.11 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$701.56 per night
Scored out of 10, guest rating 9.1
Superb - What previous guests thought, 328 reviews

Skolo Reykjavik Apartments is set in the Reykjavík 101 district of Reykjavík, less than 1 km from Solfar Sun Voyager, 2.6 km from The Pearl and 48 km from Blue Lagoon.

Scored out of 10, guest rating 9.1
Superb - What previous guests thought, 341 reviews

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

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

Scored out of 10, guest rating 8.1
Very good - What previous guests thought, 27 reviews

Cozy Studio in Reykjavik is situated in the Reykjavík 101 district of Reykjavík, less than 1 km from Solfar Sun Voyager, 3.3 km from The Pearl and 48 km from Blue Lagoon.

From US$254.16 per night
Scored out of 10, guest rating 8.6
Fabulous - What previous guests thought, 1,151 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$183.16 per night
Scored out of 10, guest rating 8.9
Fabulous - What previous guests thought, 507 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$368.56 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$251.47 per night
Scored out of 10, guest rating 7.9
Good - What previous guests thought, 350 reviews

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

From US$696.98 per night
Scored out of 10, guest rating 8.4
Very good - What previous guests thought, 1,310 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$274.31 per night
Scored out of 10, guest rating 8.2
Very good - What previous guests thought, 232 reviews

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

From US$293.53 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...

From US$524.16 per night

FAQ about cheap hotels in Reykjavík

Cheap hotels that guests love in Reykjavík

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Avg. price/night: US$263.01
Scored out of 10, guest rating 8.7
Fabulous - What previous guests thought, 925 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
Scored out of 10, guest rating 8.0
Very good - What previous guests thought, 2,210 reviews
Very clean room, good quality typical Nordic breakfast, I liked the atmosphere of the whole place. Comfortable bed, and the room was big enough for a single room at a budget accommodation. Check in took just a few seconds, only to tell my name and then get the keys. I stayed for a whole week, using Reykjavik as a base for exploring western and southern Iceland. The price was very affordable considering how expensive accommodation is in general in Reykjavik.
Guest review by
Magnus.P
Solo traveller
Avg. price/night: US$139.51
Scored out of 10, guest rating 8.1
Very good - What previous guests thought, 3,882 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