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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.

K
Kateryna
From
Poland
I was thrilled with the hostel! It has a very warm atmosphere, a pleasant and friendly staff, and an incredible location. I will definitely come back here.
Scored out of 10, guest rating 9.3
Superb - What previous guests thought, 934 reviews
Price from
US$92.24
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.

K
Klaudia
From
Slovakia
Super clean and wonderfull helpfull staff
Scored out of 10, guest rating 8.0
Very good - What previous guests thought, 5,035 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.

D
Dziazmenas
From
Lithuania
Very comfortable appartment. Great place to start golden circle.
Scored out of 10, guest rating 8.7
Fabulous - What previous guests thought, 2,601 reviews
Price from
US$129.61
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.

D
Dijana
From
Croatia
Very clean and spacious apartment with everything you need for a cozy stay. It has big windows so you can see the northern lights if you are lucky enough. Free parking in front of the building. Great value for the money.
Scored out of 10, guest rating 8.7
Fabulous - What previous guests thought, 1,745 reviews
Price from
US$136.66
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.

Y
Yuqi
From
China
The hotel is clean and nice ! And the hotel stuff is very nice and kind. I will recommend this hotel to my friend!
Scored out of 10, guest rating 8.1
Very good - What previous guests thought, 3,827 reviews
Price from
US$129.64
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.

O
Omar Aqlan
From
Netherlands
Everyone was respectful and clean
Scored out of 10, guest rating 8.4
Very good - What previous guests thought, 1,717 reviews
Price from
US$190.01
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.

S
Sabina P.
From
Slovakia
A-ma-zing beds! We had a fantastic rest and used all the facilieties of the apartment to the fullest. The apartment has huge. Pretty good location - 20 min bus to the centre. Great check in check out system. We really loved the time spent here.
Scored out of 10, guest rating 8.5
Very good - What previous guests thought, 1,229 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...

L
Laura
From
South Africa
Well appointed self catering apartment.Had everything we needed to prepare meals.Conveniently located across the road from BSI bus terminal and also Straeto bus stop.On our last night ,saw the Northern lights from our apartment.
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.

A
Alicia
From
Australia
Such a lovely place, kind staff
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

Island Apartments

Reykjavík 101, Reykjavík

Located in the heart of Reykjavík, Island Apartments is just around the corner from the shopping street, Laugavegur. You are just a minute’s walk from boutique shops, cafes and restaurants.

S
Skorikova
From
Svalbard & Jan Mayen
Very clean and perfect location
Scored out of 10, guest rating 8.3
Very good - What previous guests thought, 517 reviews
Price from
US$158.62
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, 2,741 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.5
Very good - What previous guests thought, 2,677 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.0
Very good - What previous guests thought, 5,035 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.5
Very good - What previous guests thought, 3,373 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.6
Fabulous - What previous guests thought, 3,211 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.1
Very good - What previous guests thought, 3,827 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 7.9
Good - What previous guests thought, 3,776 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.0
Very good - What previous guests thought, 4,492 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.8
Fabulous - What previous guests thought, 1,397 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.2
Very good - What previous guests thought, 6,808 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, 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$249.95 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$266.54 per night
Scored out of 10, guest rating 9.1
Superb - What previous guests thought, 872 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$440.54 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, 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$262.66 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$190.01 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$352.49 per night
Scored out of 10, guest rating 8.9
Fabulous - What previous guests thought, 2,741 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$168.13 per night

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

Scored out of 10, guest rating 8.1
Very good - What previous guests thought, 266 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$499.98 per night
Scored out of 10, guest rating 9.2
Superb - What previous guests thought, 672 reviews

Set in Reykjavík city centre, these apartments have a full kitchen and a TV with DVD player. Wi-Fi is free. Hallgrímskirkja Church and Laugavegur shopping street are easily accessed.

From US$249.13 per night
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$192.82 per night
Scored out of 10, guest rating 8.8
Fabulous - What previous guests thought, 2,666 reviews

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

From US$212.19 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$524.62 per night
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$209.29 per night
Scored out of 10, guest rating 8.6
Fabulous - What previous guests thought, 1,153 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 8.9
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$293.08 per night

Enjoy breakfast in Reykjavík and nearby

Scored out of 10, guest rating 8.6
Fabulous - What previous guests thought, 3,211 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$243.92 per night

Hotel Ódinsvé

Reykjavík
Breakfast options
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 8.8
Fabulous - What previous guests thought, 2,037 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$266.68 per night
Scored out of 10, guest rating 8.6
Fabulous - What previous guests thought, 1,625 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$191.32 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$229.31 per night
Scored out of 10, guest rating 8.6
Fabulous - What previous guests thought, 3,030 reviews

Situated in Reykjavík and with Nauthólsvík Geothermal Beach reachable within 2.8 km, Center Hotels Laugavegur features concierge services, non-smoking rooms, a restaurant, free WiFi throughout the...

From US$219.95 per night
Scored out of 10, guest rating 8.6
Fabulous - What previous guests thought, 967 reviews

Located only 350 metres from restaurant and shopping along Laugavegur shopping street, this offers stylish rooms in central Reykjavik.

From US$265.63 per night

Hotel Klettur

Reykjavík
Breakfast options
Scored out of 10, guest rating 8.2
Very good - What previous guests thought, 1,221 reviews

Hotel Klettur is 500 metres to the main shopping area of Laugavegur street. It offers modern guest rooms with free WiFi and a flat-screen satellite TV.

From US$189 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, 910 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$107.56
Scored out of 10, guest rating 8.1
Very good - What previous guests thought, 3,827 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