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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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Nordic Hostel

Reykjavík 101, Reykjavík

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

H
HYUN MIN
From
South Korea
At first I thought it was a little bit expensive considering the number of people sharing the room but then the staff was really friendly and kind, it was clean and new, and the towel they provide was really nice! Definitely recommend for female travelers!
Scored out of 10, guest rating 9.3
Superb - What previous guests thought, 934 reviews
Price from
US$91.98
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.

Y
YIN PENG
From
Taiwan
The decoration of the house is modern and comfortable.
Scored out of 10, guest rating 9.5
Exceptional - What previous guests thought, 99 reviews
Price from
US$672.51
1 night, 2 adults

Hostel B47

Reykjavík 101, Reykjavík

Situated in Reykjavík, 2.5 km from Nauthólsvík Geothermal Beach, Hostel B47 features accommodation with a garden, free private parking, a shared lounge and a terrace.

E
Erzsó
From
Hungary
Awesome stuff Great kitchen Good bed Towel 😃
Scored out of 10, guest rating 8.0
Very good - What previous guests thought, 5,034 reviews
Price from
US$120.68
1 night, 2 adults

Icelandic Apartments by Heimaleiga

Kópavogur, Reykjavík

Icelandic Apartments includes 40 beautifully designed rooms and stunning views from shared balconies and some rooms. All our apartments are fully equipped for 2 or 4 guests with kitchen.

G
Girish
From
India
Such a fantabolous apartment i have ever experienced..all my family members were so attached for 3 days as they felt their own home amazing support from the property owner and very kind in talking and propmt communication I would love to come to Iceland just because of this apartment facility
Scored out of 10, guest rating 8.7
Fabulous - What previous guests thought, 2,601 reviews
Price from
US$136.66
1 night, 2 adults

Blue Mountain Apartments by Heimaleiga

Kópavogur, Reykjavík

Blue Mountain Apartments by Heimaleiga provides modern self-catering accommodation in Kópavogur. WiFi and parking are free. Smáralind Shopping Center is 3.8 km away.

c
christopher
From
Austria
The big windows in the living room were great. Self check in, free parking, good located to start some trips. Everything was fine.
Scored out of 10, guest rating 8.7
Fabulous - What previous guests thought, 1,744 reviews
Price from
US$143.70
1 night, 2 adults

Bus Hostel Reykjavik

Reykjavík East, Reykjavík

Located in Reykjavík, 1.9 km from Nauthólsvík Geothermal Beach, Bus Hostel Reykjavik provides accommodation with a shared lounge, free private parking, a terrace and a bar.

M
Morillo Caballero
From
Spain
Excellent as always. Planty space, enough toilets for everyone. Lots of tours, coffe chocolate facilites. In my opinión the BEST hostel at Reikiavik.
Scored out of 10, guest rating 8.1
Very good - What previous guests thought, 3,832 reviews
Price from
US$129.30
1 night, 2 adults

Loft - HI Eco Hostel

Reykjavík 101, Reykjavík

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.

S
SAADA
From
Oman
Easy to get there plus the staff very helpful special thanks to Larissa. She was very helpful and supportive
Scored out of 10, guest rating 8.4
Very good - What previous guests thought, 1,719 reviews
Price from
US$189.51
1 night, 2 adults

Stay Apartments Bolholt

Reykjavík East, Reykjavík

Stay Apartments Bolholt is situated 25 minutes’ walk from Reykjavik city centre. It offers self-service studios, some with magnificent bay and mountain views.

E
Elaine
From
Ireland
Prior to my arrival I received an email with all of the apartment details along with their door codes. This was excellent and extremely efficient. Great idea. The apartments were very spacious and spotlessly clean. Nice white linen and really fluffy towels. Great location - about 15-20 min stroll into the city of Reykjavik and only a five minute walk to our course location. Amazing facilities, we didn't cook, but we had the option to. Would highly recommend and I have recommended to the course providers as the location is superb.
Scored out of 10, guest rating 8.5
Very good - What previous guests thought, 1,230 reviews
Price from
US$186.68
1 night, 2 adults

Day Dream Soleyjargata Rooms & Apartments

Reykjavík 101, Reykjavík

Situated in Reykjavík, 2.6 km from Nauthólsvík Geothermal Beach and 300 metres from the centre, Day Dream Soleyjargata Rooms & Apartments features air-conditioned accommodation with free WiFi, and a...

H
Hatheus
From
China
Very good location right next to the BSI terminal where a lot of tours starts. And only 10 to 20 minutues walk to the city center. Clean and spacious interior, well equipped apartments and very easy self check in and out. We arrived at 3 am in the morning and had no problem check in whatsoever. Very cheap price.
Scored out of 10, guest rating 8.1
Very good - What previous guests thought, 910 reviews
Price from
US$134.79
1 night, 2 adults

Lækur Hostel

Reykjavík East, Reykjavík

Located in Reykjavík, Lækur Hostel features a terrace, restaurant, bar, and free WiFi throughout the property.

T
Tahwa
From
United Kingdom
Exactly as advertised and as can be expected for a hostel - happy with the experience.
Scored out of 10, guest rating 8.4
Very good - What previous guests thought, 391 reviews
Price from
US$94.75
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, 2,737 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.5
Very good - What previous guests thought, 2,680 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.0
Very good - What previous guests thought, 5,034 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.5
Very good - What previous guests thought, 3,372 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 8.1
Very good - What previous guests thought, 3,832 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 7.9
Good - What previous guests thought, 3,781 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.0
Very good - What previous guests thought, 4,498 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.8
Fabulous - What previous guests thought, 1,399 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.2
Very good - What previous guests thought, 6,813 reviews

Enjoy breakfast in Reykjavík and nearby

Scored out of 10, guest rating 9.2
Superb - What previous guests thought, 558 reviews

<h2>Prime City Location</h2> Iceland Parliament Hotel, Curio Collection by Hilton in Reykjavík offers a convenient location with Hallgrímskirkja Church a 12-minute walk away and Reykjavik Old Harbour...

From US$249.25 per night
Scored out of 10, guest rating 9.0
Superb - What previous guests thought, 457 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$265.79 per night
Scored out of 10, guest rating 9.1
Superb - What previous guests thought, 874 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$290.24 per night
Scored out of 10, guest rating 8.4
Very good - What previous guests thought, 1,375 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$290.32 per night
Scored out of 10, guest rating 8.9
Fabulous - What previous guests thought, 2,737 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$152.47 per night

Exeter Hotel

Reykjavík
Breakfast options
Scored out of 10, guest rating 8.8
Fabulous - What previous guests thought, 2,662 reviews

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

From US$191.32 per night

ALVA Apartments

Reykjavík
Breakfast options
Scored out of 10, guest rating 8.6
Fabulous - What previous guests thought, 734 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$278.28 per night
Scored out of 10, guest rating 8.9
Fabulous - What previous guests thought, 514 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$249.93 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, 294 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$317.65 per night
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$189.51 per night
Scored out of 10, guest rating 9.2
Superb - What previous guests thought, 606 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$363.50 per night
Scored out of 10, guest rating 8.6
Fabulous - What previous guests thought, 786 reviews

Situated minutes away from the city lake in central Reykjavík, Castle House Luxury Apartments is located next to the National Gallery of Iceland.

Scored out of 10, guest rating 8.1
Very good - What previous guests thought, 1,145 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$191.32 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$449.48 per night
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.

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.

From US$148.71 per night

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

Scored out of 10, guest rating 8.6
Fabulous - What previous guests thought, 1,152 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$147.84 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$240.85 per night
Scored out of 10, guest rating 8.3
Very good - What previous guests thought, 1,317 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$215.09 per night
Scored out of 10, guest rating 8.2
Very good - What previous guests thought, 231 reviews

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

From US$292.19 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...

Hotel Frón

Reykjavík
Central location
Scored out of 10, guest rating 8.3
Very good - What previous guests thought, 2,468 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$192.48 per night
Scored out of 10, guest rating 7.9
Good - What previous guests thought, 1,235 reviews

Just off the Laugavegur shopping street, Grettir Guesthouse Downtown Charm features self-service check-in. This property is a 5-minute walk from Hallgrimskirkja Church. Free WiFi is available.

From US$133.28 per night
Scored out of 10, guest rating 8.0
Very good - What previous guests thought, 65 reviews

Attractively located in Reykjavík, Downtown Baldursbrá - Two Bedroom Apartment features express check-in and check-out and parking on-site.

From US$452.20 per night

FAQ about cheap hotels in Reykjavík

Cheap hotels that guests love in Reykjavík

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Avg. price/night: US$165.81
Scored out of 10, guest rating 8.7
Fabulous - What previous guests thought, 913 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$122.70
Scored out of 10, guest rating 8.1
Very good - What previous guests thought, 3,832 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