Skip to main content

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

Filter by:

Review score

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.

L
Lewis
From
United Kingdom
Super convenient location and helpful guides. A lovely and safe vibe there.
Scored out of 10, guest rating 9.0
Superb - What previous guests thought, 1,106 reviews
Price from
US$114.53
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, 132 reviews
Price from
US$292.07
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, 139 reviews
Price from
US$239.91
1 night, 2 adults

Candlewood Suites Reykjavik by IHG

Reykjavík East, Reykjavík

Candlewood Suites Reykjavik by IHG is set in the Reykjavík East district of Reykjavík, 2.9 km from Nauthólsvík Geothermal Beach, 1 km from Solfar Sun Voyager and less than 1 km from Hallgrímskirkja...

M
Marc
From
Italy
A nice, clean, and spacious room. Great location, practically in the very center of the city. The view of the city from the 4th floor, where our room was, was very attractive.
Scored out of 10, guest rating 10
Exceptional - What previous guests thought, 8 reviews
Price from
US$185.44
1 night, 2 adults

Day Dream Vesturgata 17 Reykjavik

Vesturbær, Reykjavík

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.

M
Marta
From
Latvia
Very good location, easy communication with the host, very comfortable, really liked it there.
Scored out of 10, guest rating 8.1
Very good - What previous guests thought, 1,140 reviews
Price from
US$108.66
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.

N
Neha
From
India
Location, room space, staff, everything is just perfect.
Scored out of 10, guest rating 8.0
Very good - What previous guests thought, 5,018 reviews
Price from
US$120.63
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, 2,599 reviews
Price from
US$109.53
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.

F
Fioralba
From
Greece
The apartment was very clean, big, conformable, everything was just perfect. I would definitely stay again and of course recommend to other people who may visit the city.
Scored out of 10, guest rating 8.7
Fabulous - What previous guests thought, 1,740 reviews
Price from
US$116.10
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.

T
Tekade
From
India
How well organised everything is!
Scored out of 10, guest rating 8.4
Very good - What previous guests thought, 1,720 reviews
Price from
US$149.02
1 night, 2 adults

Eric the Red Guesthouse

Reykjavík 101, Reykjavík

Eric the Red is a perfectly located Guest House in Reykjavik just 60m/200ft from Hallgrímskirkja Church which is the biggest church and single most central point in Reykjavik, we are in short walking...

A
Anna
From
Iceland
Everything was great. I am impressed with the amenities provided by the hostel. The facility is clean, well-kept and nicely decorated. Great location. I sincerely recommend it to everyone, I will definitely come back
Scored out of 10, guest rating 8.9
Fabulous - What previous guests thought, 3,087 reviews
Price from
US$260.78
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

See all

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.9
Fabulous - What previous guests thought, 2,764 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.5
Very good - What previous guests thought, 2,711 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.0
Very good - What previous guests thought, 5,018 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, 3,863 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.5
Very good - What previous guests thought, 3,366 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.8
Fabulous - What previous guests thought, 1,416 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 7.9
Good - What previous guests thought, 3,804 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.0
Very good - What previous guests thought, 4,463 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.2
Very good - What previous guests thought, 6,820 reviews

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

Scored out of 10, guest rating 9.1
Superb - What previous guests thought, 449 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$255.93 per night
Scored out of 10, guest rating 9.3
Superb - What previous guests thought, 41 reviews

Located in the centre of Reykjavík, Unbeatable Central Location - Reykjavíks Most Exclusive Luxury Apartments provides rooms with free WiFi. Guests staying at this apartment have access to a balcony.

Scored out of 10, guest rating 8.7
Fabulous - What previous guests thought, 1,478 reviews

Set within 700 metres of Hallgrímskirkja Church and 3.3 km of The Pearl in Reykjavík, Thingholt Hotel Apartments from Center Hotels offers accommodation with seating area.

From US$226.36 per night
Scored out of 10, guest rating 8.4
Very good - What previous guests thought, 1,362 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$276.03 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$212.89 per night
Scored out of 10, guest rating 9.2
Superb - What previous guests thought, 601 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$352.34 per night
Scored out of 10, guest rating 8.9
Fabulous - What previous guests thought, 2,764 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$152.41 per night
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$177.79 per night

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

Scored out of 10, guest rating 8.8
Fabulous - What previous guests thought, 2,613 reviews

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

From US$203.98 per night
Scored out of 10, guest rating 8.6
Fabulous - What previous guests thought, 740 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$236.44 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$258.63 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 8.9
Fabulous - What previous guests thought, 515 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$284.94 per night
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$237.66 per night
Scored out of 10, guest rating 7.9
Good - What previous guests thought, 354 reviews

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

From US$490.60 per night
Scored out of 10, guest rating 8.3
Very good - What previous guests thought, 1,316 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$214.99 per night

Enjoy breakfast in Reykjavík and nearby

Scored out of 10, guest rating 8.8
Fabulous - What previous guests thought, 2,008 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$266.57 per night
Scored out of 10, guest rating 8.0
Very good - What previous guests thought, 2,210 reviews

Located in the calm Thingholt neighbourhood, this family-owned guest house is in Reykjavik is just 450 metres from the shopping Laugavegur Street.

From US$105.47 per night
Scored out of 10, guest rating 8.6
Fabulous - What previous guests thought, 1,610 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$173.85 per night
Scored out of 10, guest rating 8.7
Fabulous - What previous guests thought, 1,431 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$213.85 per night

Hotel Vera

Reykjavík
Breakfast options
Scored out of 10, guest rating 8.2
Very good - What previous guests thought, 1,353 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$213.26 per night
Scored out of 10, guest rating 8.7
Fabulous - What previous guests thought, 3,036 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$261.84 per night
Scored out of 10, guest rating 8.6
Fabulous - What previous guests thought, 960 reviews

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

From US$261.24 per night

Hotel Klettur

Reykjavík
Breakfast options
Scored out of 10, guest rating 8.2
Very good - What previous guests thought, 1,226 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$188.92 per night

FAQ about cheap hotels in Reykjavík

Cheap hotels that guests love in Reykjavík

See all
Avg. price/night: US$203.29
Scored out of 10, guest rating 8.7
Fabulous - What previous guests thought, 920 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$105.47
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$113.93
Scored out of 10, guest rating 8.1
Very good - What previous guests thought, 3,863 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