The 10 best cheap hotels in Reykjavík, Iceland | Booking.com
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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 the centre of Reykjavík, and provides a shared lounge, free WiFi and a bar.

M
Marina Augusta
From
Brazil
I absolutely loved this hostel. It was clean, close to the city centre, the people who work there are really nice.
Scored out of 10, guest rating 9.3
Superb - What previous guests thought, 802 reviews
Location 9.5
Price from
US$119.37
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...

S
See Keong
From
Singapore
Kitchen equipment is plentiful if you want to cook a meal. Nice touches eg. Nespresso machine, chocolate and slippers. Lara is a wonderful host. Very helpful and caring.
Scored out of 10, guest rating 9.5
Exceptional - What previous guests thought, 142 reviews
Location 9.2
Price from
US$236.12
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.

M
Maciuca Daniel
From
Romania
All perfect, new appartement very beautiful. End perfect location close to centre,
Scored out of 10, guest rating 9.6
Exceptional - What previous guests thought, 119 reviews
Location 9.1
Price from
US$401.06
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.

V
VB
From
Denmark
Excellent apartment! Good location, Bonus and Netto supermaket at 2 min walk, free parking in front of the buliding. Very clean and warm apartment, modern with all the necesary things, well equippped kitchen. I have received, from the host, clear instruction before arriving. The apartment looks exactly like pictures or even better. 🤩 Hope to come back next year.
Scored out of 10, guest rating 9.4
Superb - What previous guests thought, 132 reviews
Location 9.2
Price from
US$506.61
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.

J
Jan
From
Poland
Perfect place. Perfect localization and contact with owner.
Scored out of 10, guest rating 9.6
Exceptional - What previous guests thought, 175 reviews
Location 9.2
Price from
US$401.06
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.

G
GiuliaFnn
From
Italy
The apartment is huge, beautifully furnished, fully equipped and in the pedestrian area. The private parking is really useful. We would definitely book again
Scored out of 10, guest rating 9.1
Superb - What previous guests thought, 121 reviews
Location 9.7
Price from
US$484.44
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
Mark
From
Australia
Very clean and tidy with kitchen and laundry facilities. Thorgeir was an excellent host and supported us magnificently.
Scored out of 10, guest rating 9.0
Superb - What previous guests thought, 247 reviews
Location 8.8
Price from
US$328.36
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.

B
Berro
From
Netherlands
The host was very friendly especially for extra towels. He was nice enough to give us good locations for the aurora. The apartment is cosy and exactly what we needed.
Scored out of 10, guest rating 9.2
Superb - What previous guests thought, 147 reviews
Location 9.1
Price from
US$274.41
1 night, 2 adults

B 18-20 Apartments

Reykjavík East, Reykjavík

Offering city views, B 18-20 Apartments is set in the Reykjavík East district of Reykjavík, 2.8 km from Nauthólsvík Geothermal Beach and 1.4 km from Solfar Sun Voyager.

A
ALINA MIHAELA
From
United Kingdom
It was very clean, warm, welcoming, it had everything that we needed and it was close to town center.
Scored out of 10, guest rating 9.1
Superb - What previous guests thought, 295 reviews
Location 9.1
Price from
US$294.46
1 night, 2 adults

Beautiful flat in downtown Reykjavík with a veiw

Reykjavík East, Reykjavík

Beautiful flat in downtown Reykjavík with a veiw is located in the Reykjavík East district of Reykjavík, 1 km from Solfar Sun Voyager, less than 1 km from Hallgrímskirkja Church and 2 km from The...

M
Mariana
From
Portugal
Modern apartment, spacious, clean, with all the facilities you need, plus a parking space. A lot of natural light, big windows and a balcony. Perfect location, you don’t need a car or public transportation to visit Reykjavik. We loved everything! Host was very helpful and easy to contact.
Scored out of 10, guest rating 9.9
Exceptional - What previous guests thought, 148 reviews
Location 9.8
Price from
US$242.22
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 8.7
    Fabulous - What previous guests thought, 2,965 reviews
  • Popular with guests booking cheap hotels in Reykjavík

    Scored out of 10, guest rating 8.9
    Fabulous - What previous guests thought, 843 reviews
  • Popular with guests booking cheap hotels in Reykjavík

    Scored out of 10, guest rating 8.0
    Very good - What previous guests thought, 2,592 reviews
  • Popular with guests booking cheap hotels in Reykjavík

    Scored out of 10, guest rating 8.5
    Very good - What previous guests thought, 3,506 reviews
  • Popular with guests booking cheap hotels in Reykjavík

    Scored out of 10, guest rating 8.4
    Very good - What previous guests thought, 3,802 reviews
  • Popular with guests booking cheap hotels in Reykjavík

    Scored out of 10, guest rating 8.1
    Very good - What previous guests thought, 5,053 reviews
  • Popular with guests booking cheap hotels in Reykjavík

    Scored out of 10, guest rating 7.9
    Good - What previous guests thought, 4,594 reviews
  • Popular with guests booking cheap hotels in Reykjavík

    Scored out of 10, guest rating 7.9
    Good - What previous guests thought, 3,764 reviews
  • Popular with guests booking cheap hotels in Reykjavík

    Scored out of 10, guest rating 8.1
    Very good - What previous guests thought, 6,892 reviews
  • Popular with guests booking cheap hotels in Reykjavík

    Scored out of 10, guest rating 8.1
    Very good - What previous guests thought, 3,527 reviews

Enjoy breakfast in Reykjavík and nearby

  • Scored out of 10, guest rating 9.1
    Superb - What previous guests thought, 477 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$402.40 per night
  • Scored out of 10, guest rating 8.9
    Fabulous - What previous guests thought, 2,790 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$317.80 per night
  • Exeter Hotel

    Reykjavík
    Breakfast options
    Scored out of 10, guest rating 8.7
    Fabulous - What previous guests thought, 2,854 reviews

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

    From US$326.01 per night
  • ALVA Apartments

    Reykjavík
    Breakfast options
    Scored out of 10, guest rating 8.6
    Fabulous - What previous guests thought, 695 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$328.36 per night
  • Scored out of 10, guest rating 8.6
    Fabulous - What previous guests thought, 3,214 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$384.32 per night
  • Hotel Ódinsvé

    Reykjavík
    Breakfast options
    Scored out of 10, guest rating 8.3
    Very good - What previous guests thought, 1,291 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$330.12 per night
  • Scored out of 10, guest rating 8.9
    Fabulous - What previous guests thought, 843 reviews

    Central Location: CityHub Reykjavik is situated in the city centre of Reykjavík, offering easy access to key attractions.

    From US$173.25 per night
  • Scored out of 10, guest rating 8.8
    Fabulous - What previous guests thought, 2,135 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$369.40 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$349.17 per night
  • Scored out of 10, guest rating 9.5
    Exceptional - What previous guests thought, 35 reviews

    Situated in Reykjavík, 700 metres from Hallgrímskirkja Church and 1 km from the centre, Historic Villa in Downtown Reykjavik features air-conditioned accommodation with free WiFi, and a garden.

    From US$1,834.69 per night
  • Scored out of 10, guest rating 8.4
    Very good - What previous guests thought, 17 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$214.70 per night
  • Scored out of 10, guest rating 8.4
    Very good - What previous guests thought, 1,691 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$251.67 per night
  • Scored out of 10, guest rating 9.2
    Superb - What previous guests thought, 588 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$479.05 per night
  • Scored out of 10, guest rating 7.9
    Good - What previous guests thought, 279 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$347.12 per night
  • Scored out of 10, guest rating 9.8
    Exceptional - What previous guests thought, 5 reviews

    In the Reykjavík 101 district of Reykjavík, close to Hallgrímskirkja Church, Vesturgata - One Bedroom Apartment Near Harbour features free WiFi and a washing machine.

  • Scored out of 10, guest rating 8.0
    Very good - What previous guests thought, 1,197 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$237.47 per night

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

  • Scored out of 10, guest rating 8.8
    Fabulous - What previous guests thought, 5 reviews

    Situated in Reykjavík, 1.3 km from Hallgrímskirkja Church, Ranargata Apartments by Heimaleiga features rooms with city views and free WiFi.

    From US$325.01 per night
  • Scored out of 10, guest rating 8.8
    Fabulous - What previous guests thought, 536 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$398.94 per night
  • Scored out of 10, guest rating 9.2
    Superb - What previous guests thought, 142 reviews

    Set in the centre of Reykjavík, just 500 metres from Hallgrímskirkja Church and less than 1 km from Solfar Sun Voyager, Perfect Apartment in the Heart of Reykjavík offers accommodation with city views...

    From US$295.93 per night
  • Scored out of 10, guest rating 8.9
    Fabulous - What previous guests thought, 342 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...

    From US$474.94 per night
  • Hotel Frón

    Reykjavík
    Central location
    Scored out of 10, guest rating 8.3
    Very good - What previous guests thought, 2,498 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$204.05 per night
  • Scored out of 10, guest rating 7.9
    Good - What previous guests thought, 1,241 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$191.56 per night
  • Scored out of 10, guest rating 8.5
    Very good - What previous guests thought, 2,552 reviews

    All units at The Swan House by Heimaleiga feature a flat-screen TV, wooden floors and minimalist-style decor.

    From US$330.47 per night
  • Scored out of 10, guest rating 10.0
    Exceptional - What previous guests thought, 3 reviews

    Situated 400 metres from Solfar Sun Voyager and 800 metres from Hallgrímskirkja Church in the centre of Reykjavík, Down town, Ocean view, free park features accommodation with free WiFi and free...

FAQ about cheap hotels in Reykjavík

Cheap hotels that guests love in Reykjavík

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  • Avg. price/night: US$254.24
    Scored out of 10, guest rating 8.7
    Fabulous - What previous guests thought, 864 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 8.1
    Very good - What previous guests thought, 3,527 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