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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.

I
Ioana
From
Germany
The service was exceptional! We felt very welcome, facilities were clean, rooms were very warm and there was free coffee and tea (though we understand that's temporary)
Scored out of 10, guest rating 9.0
Superb - What previous guests thought, 1,004 reviews
Price from
US$119.93
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.

A
Alan
From
Ireland
clean. Super comfy. And toasty warm without feeling stuffy. Thoroughly enjoyed our stay
Scored out of 10, guest rating 9.0
Superb - What previous guests thought, 1,358 reviews
Price from
US$238.33
1 night, 2 adults

Nordic Hostel

Reykjavík 101, Reykjavík

Nordic Hostel is well located in the centre of Reykjavík, and provides a shared lounge, free WiFi and a bar.

R
Resty
From
Indonesia
The receptionist is very helpful, as I arrived in the Hostel late she still gave me a warm welcome and take me to my bunk bed. The room is so clean, quite and lovely! Most importantly is the toilet and shower are super clean just like stars hotel! I am so satisfied!!! Would love to come back again!
Scored out of 10, guest rating 9.3
Superb - What previous guests thought, 903 reviews
Price from
US$124.22
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...

I
ILHYE
From
South Korea
At first, I chose a house with a washing machine because I was on a long trip and needed to do laundry. But I was pleasantly surprised to stay in such a wonderful house. The welcome cookies and a welcome letter written in Korean touched my heart. I also appreciated the thoughtful details throughout the house for the guests. It was great to stay warm and comfortable in cold Iceland. If I visit Iceland again, I would love to stay here again.
Scored out of 10, guest rating 9.5
Exceptional - What previous guests thought, 159 reviews
Price from
US$245.89
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.

D
Daniel Jacob
From
Denmark
Amazing apartment in Reykjavik. It have a lot of space and good kitchen. Central placement. I would recommend this place for everybody.
Scored out of 10, guest rating 9.6
Exceptional - What previous guests thought, 127 reviews
Price from
US$292.98
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.

m
medgya
From
Hungary
Brand new apartment for value price. Good location, 10 min walks to center. Free Nespresso, biscuits and perfect kitchen facilities. Beds are comfortable. The owner is helpful. Good for family travellers or friends.
Scored out of 10, guest rating 9.4
Superb - What previous guests thought, 135 reviews
Price from
US$502.24
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.

N
Nóra
From
Hungary
Everything was beyond expectations 🩷
Scored out of 10, guest rating 9.6
Exceptional - What previous guests thought, 181 reviews
Price from
US$313.90
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, 131 reviews
Price from
US$480.27
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...

M
MariaGiadaC
From
United Kingdom
The apartment is stunning, modern, cozy and warm. Fully equipped kitchen with coffee and tea. Super comfortable beds We really appreciated the coffee machine with the Lavazza coffee pods. The apartment was already available for the check in at 12pm
Scored out of 10, guest rating 9.0
Superb - What previous guests thought, 251 reviews
Price from
US$325.53
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.

d
daikindes
From
Malaysia
We stayed two nights here on late November and made a very last minute reservation on the same day. But very satisfied with our decision. Location: it is not in the middle of the city but it is great because it has ample free parkings outside the building. It is very convenient for us to load and unload our big luggages and the building has a lift. We drove to the city and park few hours when sightseeing. It's a walkable distance but during winter it was just too cold for us. It has eateries and a Bonus supermarket next door. Owner/manager: fast response. We communicate through this app and get fast prompt response. Though we booked few hours before check in, the apartment is ready, clean and self check in instruction is clear and easy to understand, easy to access. The locals living there are also nice and friendly. Facilities: washer and dryer available in common space. However we can't comment on details because we didn't use it. We just dry our small items in the house on the heated drying racks. Kitchen facilities are good, managed to cook with ease and the owner also left some basic seasonings and maybe items from previous guests. I like that they didn't throw away perfectly good items. We're able to use it as well.👍 The apartment is cozy and homely. Would stay again for future visit and stayed even longer. Very comfortable, feel safe and in summer maybe we can use the big terrace. The owner cares about the details because the plates and bowls and the vases are the nice ones.
Scored out of 10, guest rating 9.2
Superb - What previous guests thought, 153 reviews
Price from
US$292.98
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
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Scored out of 10, guest rating 8.8
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Scored out of 10, guest rating 8.6
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Scored out of 10, guest rating 8.0
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Scored out of 10, guest rating 8.5
Very good - What previous guests thought, 3,397 reviews

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Scored out of 10, guest rating 8.1
Very good - What previous guests thought, 3,762 reviews

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Scored out of 10, guest rating 7.9
Good - What previous guests thought, 3,772 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.0
Very good - What previous guests thought, 4,533 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.2
Very good - What previous guests thought, 6,863 reviews

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

Scored out of 10, guest rating 9.2
Superb - What previous guests thought, 546 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$312.20 per night
Scored out of 10, guest rating 9.1
Superb - What previous guests thought, 846 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$382.11 per night
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$302.68 per night
Scored out of 10, guest rating 9.3
Superb - What previous guests thought, 39 reviews

Located in the centre of Reykjavík, Unbeatable Central Location - Reykjavíks Most Exclusive Luxury Apartments provides rooms with free WiFi.

Scored out of 10, guest rating 8.4
Very good - What previous guests thought, 20 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$170.07 per night
Scored out of 10, guest rating 8.4
Very good - What previous guests thought, 1,717 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$195.10 per night
Scored out of 10, guest rating 9.2
Superb - What previous guests thought, 602 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$375.52 per night

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

Scored out of 10, guest rating 8.9
Fabulous - What previous guests thought, 2,746 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$199.97 per night
Scored out of 10, guest rating 8.1
Very good - What previous guests thought, 270 reviews

Located within 700 metres of Hallgrímskirkja Church and less than 1 km of Solfar Sun Voyager in the centre of Reykjavík, Odinn Reykjavik Skolavordustigur Apartments provides accommodation with free...

From US$284.84 per night
Scored out of 10, guest rating 8.0
Very good - What previous guests thought, 1,166 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$183.11 per night
Scored out of 10, guest rating 8.7
Fabulous - What previous guests thought, 2,743 reviews

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

From US$245.31 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$251.59 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.

From US$475.15 per night
Scored out of 10, guest rating 9.1
Superb - What previous guests thought, 342 reviews

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

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$148.23 per night

Enjoy breakfast in Reykjavík and nearby

Scored out of 10, guest rating 8.8
Fabulous - What previous guests thought, 519 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$281.95 per night
Scored out of 10, guest rating 8.6
Fabulous - What previous guests thought, 3,215 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$214.51 per night

Hotel Ódinsvé

Reykjavík
Breakfast options
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$215.66 per night
Scored out of 10, guest rating 8.8
Fabulous - What previous guests thought, 2,059 reviews

Offering city views, Vintage Apartment Hotel is set along Laugavegur Shopping Street in Reykjavík. Hallgrímskirkja Church is 300 metres away. The accommodation has a flat-screen TV.

From US$267.40 per night
Scored out of 10, guest rating 8.0
Very good - What previous guests thought, 513 reviews

Day Dream L23 Guesthouse features accommodation within 800 metres of the centre of Reykjavík, with free WiFi, and a kitchenette with a microwave, a fridge and a stovetop.

From US$208.11 per night
Scored out of 10, guest rating 8.6
Fabulous - What previous guests thought, 1,654 reviews

Situated in Reykjavik’s old city centre, this family-run property is across the street from Hallgrim’s Church. It offers a communal kitchen, as well as modern and fresh rooms with wooden furnishings.

From US$179.04 per night
Scored out of 10, guest rating 8.7
Fabulous - What previous guests thought, 1,446 reviews

Located on Laugavegur shopping street in central Reykjavik, this hotel offers rooms with a flat-screen TV and free WiFi access. Hallgrimskirkja Church is a 5-minute walk away.

From US$237.64 per night

Hotel Vera

Reykjavík
Breakfast options
Scored out of 10, guest rating 8.2
Very good - What previous guests thought, 1,355 reviews

Ideally set in the Reykjavík 101 district of Reykjavík, Hotel Vera is situated 500 metres from Hallgrímskirkja Church, 600 metres from Solfar Sun Voyager and 2.5 km from The Pearl.

From US$194.15 per night

FAQ about cheap hotels in Reykjavík

Cheap hotels that guests love in Reykjavík

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Avg. price/night: US$186.13
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$113.20
Scored out of 10, guest rating 8.1
Very good - What previous guests thought, 3,762 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