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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

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$131.54
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.

R
Ruchira
From
Denmark
Public parking is very hard to find if you arrive late.
Scored out of 10, guest rating 8.8
Fabulous - What previous guests thought, 1,359 reviews
Price from
US$127.01
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
Matsui
From
Ukraine
Very clean, very comfortable beds, amazing view from the toilet :) several bathrooms so it's not crowded
Scored out of 10, guest rating 8.0
Very good - What previous guests thought, 1,168 reviews
Price from
US$130.79
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.

A
Annette
From
Sweden
Great hostel, the stuff was very helpful and informative when you asked them questions. Close walking distance to the centrum, BSI bus terminal and Halgrims church. I shared a room with 7 other wonderful people from other countries and it was great but you can book other kinds of room if you don't want to share with others. I recommend this hostel and I will book this place again in the future, already planing my next travel to Reykjavík.
Scored out of 10, guest rating 8.0
Very good - What previous guests thought, 5,050 reviews
Price from
US$124.74
1 night, 2 adults

KEX Hostel and Hotel

Reykjavík 101, Reykjavík

Set just 250 meters from Laugarvegur shopping street, this central Reykjavik hostel offers guest rooms and dormitory rooms with free Wi-Fi access. Harpa Concert Hall is 1 km away.

P
Parela
From
China
The location of the youth hostel is very good, cost-effective and the sanitary conditions are also very good. The hostel is also equipped with enough toilets and bathrooms, and it did not feel crowded. There is also a fully equipped kitchen.
Scored out of 10, guest rating 8.0
Very good - What previous guests thought, 4,537 reviews
Price from
US$129.05
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.

T
TheTrickyLady
From
Australia
The cleaning staff are absolutely exceptional. the minute I would step out of the shower, they would be in there with a mop cleaning up the floors of all the water. They also cleaned up constantly after guests who seemed to think the rules didn't apply to them and that they could just leave their dirty dishes and leftover food scraps wherever they felt like. The cleaning staff are the standout of this place!! The bed was comfy, the rooms were nice.
Scored out of 10, guest rating 8.1
Very good - What previous guests thought, 3,750 reviews
Price from
US$133.12
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.

X
Xinyi
From
China
Really close to the centre and port, it’s good for me to explore the city and museums. There is public kitchen for us to prepare our meal.
Scored out of 10, guest rating 8.4
Very good - What previous guests thought, 1,720 reviews
Price from
US$207.06
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...

5
5elementravel
From
Spain
This is by far one of THE BEST accommodations in Reykjavík, both for couples or solo travellers. From cozy and clean facilities to wonderful owner, every time you come back there you feel like home 🥰
Scored out of 10, guest rating 8.9
Fabulous - What previous guests thought, 3,096 reviews
Price from
US$290.65
1 night, 2 adults

Dalur - HI Eco Hostel

Reykjavík East, Reykjavík

Located 3.5 km from Reykjavik city centre, this eco-certified hostel is beside the geothermally heated Laugardalslaug Swimming Pool.

J
Julia
From
Germany
Self-check-in at night worked very well. The room was nice, even with an own bathroom for a 4-bed dorm and there is a little shelf with light and socket at every bedside. In the lobby there are many sofas if you need to pass some time before you leave.
Scored out of 10, guest rating 8.0
Very good - What previous guests thought, 2,580 reviews
Price from
US$139.54
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, 3,097 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.8
Fabulous - What previous guests thought, 1,362 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.6
Fabulous - What previous guests thought, 3,215 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.0
Very good - What previous guests thought, 5,047 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.0
Very good - What previous guests thought, 2,579 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.5
Very good - What previous guests thought, 3,397 reviews

Popular with guests booking cheap hotels in Reykjavík

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

Popular with guests booking cheap hotels in Reykjavík

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, 843 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