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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.

J
Jonatan Jansson
From
Sweden
Everything was great! Friendly and helpful staff, comfortable beds, clean bathrooms. The outdoor hot tub is perfect after a day out in the cold. The only thing missing was somewhere to hang wet clothes to dry after a rainy day out or for the swim shorts after the hot tub.
Scored out of 10, guest rating 9.0
Superb - What previous guests thought, 1,139 reviews
Price from
US$113.87
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.

L
Lee
From
Luxembourg
VERY large lockers underneath the bed: my large suitcase, small suitcase, backpack and totebag all fit, it was a dream!! Loved the hooks, light and privacy curtain on the beds – and you can sit upright in your bed compartment, which is great. Clean kitchen. Clean bathrooms that come with soap, desinfecting gel and 2-in-1 shower gel/shampoo. Pretty lounge area. Good location and very quiet hostel.
Scored out of 10, guest rating 9.3
Superb - What previous guests thought, 966 reviews
Price from
US$96.73
1 night, 2 adults

Private room in a family home with great views

Reykjavík East, Reykjavík

Offering mountain views, Private room in a family home with great views is an accommodation located in Reykjavík, 4.4 km from Solfar Sun Voyager and 4.6 km from Hallgrímskirkja Church.

C
Charlotte
From
Switzerland
The stay was just lovely I cant describe it any better!! We got a lot of amazing tipps, good company, a homey feeling and help with a little clothes emergency:)
Scored out of 10, guest rating 9.0
Superb - What previous guests thought, 6 reviews
Price from
US$115.09
1 night, 2 adults

Hotel Aska

Hotel in Reykjavík East, Reykjavík

Situated in the Reykjavík East district in Reykjavík, Hotel Aska offers 3-star rooms with free WiFi.

H
Hind
From
France
Everything is automated, but honestly, it’s all super clear. A few hours before arrival, you get an amazing video tour of the hotel that explains everything (codes, entrance, etc.), so there’s zero stress! it’s all perfectly easy to understand! And if you ever have any questions, you can reach them by phone all day, plus they reply super fast by email too! The customer service is just incredible! The location is great, bus stops for tours are nearby, which makes things really convenient, and there’s a supermarket less than 5 minutes away on foot (Bonus)! The room was huge, with so much space! The cleaning staff were absolutely lovely, and of course, they do an amazing job, the room was spotless! Honestly, I loved my stay, and on top of everything, it wasn’t even expensive. I’d come back without hesitation! ❤️
Scored out of 10, guest rating 8.0
Very good - What previous guests thought, 1,874 reviews
Price from
US$123.35
1 night, 2 adults

Apartments Reykjavik

Vesturbær, Reykjavík

Apartments Reykjavik in Reykjavík provides adults-only accommodation with a garden and barbecue facilities. With garden views, this accommodation features a patio.

I
Irene
From
Netherlands
We could check in a lot earlier, which was super nice. The owner is very communicative. The apartment is close to the city center, 20 min walk. And it's also close to some supermarkets, 13 min walk. The rooms are clean and the kitchen has everything you might need!
Scored out of 10, guest rating 8.8
Fabulous - What previous guests thought, 1,432 reviews
Price from
US$127
1 night, 2 adults

Baron's Hostel

Reykjavík 101, Reykjavík

Baron's Hostel is well set in Reykjavík, and features a garden, free WiFi and a shared lounge.

B
Bettina
From
Austria
I especially like the spacious common area fir socializing. The kitchen is well equipped, the hostel has a very good location, close to the airport bus and to the city center.. Very nice staff, they help you with your requests. It was my second visit. I will be back, thanks!
Scored out of 10, guest rating 8.4
Very good - What previous guests thought, 3,793 reviews
Price from
US$153.39
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.

Ö
Örn
From
Iceland
How short it was to go downtown
Scored out of 10, guest rating 8.1
Very good - What previous guests thought, 1,134 reviews
Price from
US$130.78
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.

R
Radu Narcis Velicescu
From
United States
One of the best hostels I stayed at - clean, spacious, modern, plenty of common areas and bathrooms. Very centrally located meant walking was an excellent option to walk all over the city. Having a sink in the room was a great feature. Check-in and check-out were contactless and very simple. It was a pleasure to stay here.
Scored out of 10, guest rating 8.0
Very good - What previous guests thought, 4,997 reviews
Price from
US$119.35
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.

J
Julian
From
Malta
The apartment was huge, especially when compared to our previous Icelandic property bookings. The property was thoroughly clean and modern with all the required appliances to make the stay comfortable. The view from the massive window was stunning. We were especially grateful for the extremely nice and bubbly owner who took care of our every need during our stay. She was also nice enough to extend our booking without problems when our flight was cancelled. I would recommend this property to anyone.
Scored out of 10, guest rating 8.7
Fabulous - What previous guests thought, 2,596 reviews
Price from
US$131.36
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.

N
NATASHA
From
Malaysia
Best view from the city… cheap and can do cooking
Scored out of 10, guest rating 8.7
Fabulous - What previous guests thought, 1,716 reviews
Price from
US$155.37
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, 2,569 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.1
Very good - What previous guests thought, 3,892 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.5
Very good - What previous guests thought, 2,734 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.0
Very good - What previous guests thought, 4,997 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.5
Very good - What previous guests thought, 3,342 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.8
Fabulous - What previous guests thought, 1,432 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 8.0
Very good - What previous guests thought, 4,437 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 8.2
Very good - What previous guests thought, 6,839 reviews

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

Scored out of 10, guest rating 9.2
Superb - What previous guests thought, 572 reviews

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

From US$273.67 per night
Scored out of 10, guest rating 9.0
Superb - What previous guests thought, 443 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$273.67 per night
Scored out of 10, guest rating 9.1
Superb - What previous guests thought, 906 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$303.17 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$278.94 per night
Scored out of 10, guest rating 9.6
Exceptional - What previous guests thought, 388 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 8.5
Very good - What previous guests thought, 23 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$319.78 per night
Scored out of 10, guest rating 8.4
Very good - What previous guests thought, 1,720 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$220.15 per night
Scored out of 10, guest rating 9.2
Superb - What previous guests thought, 604 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$541.14 per night

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

Scored out of 10, guest rating 8.4
Very good - What previous guests thought, 1,351 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$279.81 per night
Scored out of 10, guest rating 8.9
Fabulous - What previous guests thought, 2,784 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$173.79 per night
Scored out of 10, guest rating 8.1
Very good - What previous guests thought, 261 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$378.98 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$235.87 per night
Scored out of 10, guest rating 8.1
Very good - What previous guests thought, 1,134 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$204.89 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$501.79 per night

Exeter Hotel

Reykjavík
Central location
Scored out of 10, guest rating 8.8
Fabulous - What previous guests thought, 2,569 reviews

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

From US$409.20 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$653.09 per night

Enjoy breakfast in Reykjavík and nearby

Scored out of 10, guest rating 8.9
Fabulous - What previous guests thought, 506 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$358.22 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$226.51 per night

Hotel Ódinsvé

Reykjavík
Breakfast options
Scored out of 10, guest rating 8.4
Very good - What previous guests thought, 1,305 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$273.77 per night
Scored out of 10, guest rating 8.8
Fabulous - What previous guests thought, 1,982 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.

Scored out of 10, guest rating 8.0
Very good - What previous guests thought, 2,206 reviews

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

Scored out of 10, guest rating 8.0
Very good - What previous guests thought, 559 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$203.90 per night
Scored out of 10, guest rating 8.6
Fabulous - What previous guests thought, 1,595 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.

Scored out of 10, guest rating 8.1
Very good - What previous guests thought, 911 reviews

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...

From US$261.56 per night

FAQ about cheap hotels in Reykjavík

Cheap hotels that guests love in Reykjavík

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Avg. price/night: US$207.04
Scored out of 10, guest rating 8.7
Fabulous - What previous guests thought, 926 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, 2,206 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$139.30
Scored out of 10, guest rating 8.1
Very good - What previous guests thought, 3,892 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