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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.

N
Nicolas
From
Belgium
Super friendly staff. Upon entrance we had trouble and he spontaneously offered his help without us having to ask. Rituals soap in the showers, wow! Showers were clean and had good pressure. The expensive soap was a blessing. The receptionist at the desk gave us a cityhub bracelet without chip to take with us when we left. Nice souvenir while I think this isn’t conventional to give out.
Scored out of 10, guest rating 9.0
Superb - What previous guests thought, 1,132 reviews
Price from
US$117.13
1 night, 2 adults

Hotel Lotus

Hotel in Reykjavík East, Reykjavík

Set an 8-minute drive from central Reykjavik, this hotel offers free parking and brightly decorated rooms with a flat-screen TV and free Wi-Fi access. Kringlan Shopping Centre is 1 km away.

A
Alan
From
Ireland
clean. Super comfy. And toasty warm without feeling stuffy. Thoroughly enjoyed our stay
Scored out of 10, guest rating 9.0
Superb - What previous guests thought, 1,378 reviews
Price from
US$238.78
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.

K
KATSIARYNA
From
Belarus
It's very clean and cozy. The staff is very responsive 100/10. 🥰
Scored out of 10, guest rating 9.3
Superb - What previous guests thought, 965 reviews
Price from
US$96.86
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...

D
Damian
From
Switzerland
Very relaxing little Appartement wirh everything you need. The also offer free coffe, drinks and cake
Scored out of 10, guest rating 9.5
Exceptional - What previous guests thought, 167 reviews
Price from
US$246.36
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.

L
Lauren
From
United Kingdom
Great stay no complaints! The property was large, great for a small group of 4-6 with great living space and bedroom size. After a day out in Iceland coming back to this apartment was fabulous, was warm and cosy. WiFi was great, shops 2 minute walk away and a 20 minute walk into the center. We hired a car and the apartment comes with parking right outside. Hosts were great at replying and we asked for extra towels and they were here within minutes.
Scored out of 10, guest rating 9.5
Exceptional - What previous guests thought, 132 reviews
Price from
US$283.05
1 night, 2 adults

Iceland SJF Apartments - 301

Reykjavík East, Reykjavík

Set in Reykjavík, 2.9 km from Nauthólsvík Geothermal Beach and 1.4 km from Solfar Sun Voyager, Iceland SJF Apartments - 301 offers air-conditioned accommodation with a balcony and free WiFi.

C
Craig
From
Australia
The apartment was well located, with groceries and restaurants close by. It was big enough to fit three adults in comfort.
Scored out of 10, guest rating 9.5
Exceptional - What previous guests thought, 100 reviews
Price from
US$663.94
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.

R
Romana
From
Czech Republic
Everything ! Really, its the first accomodation without any complaining.
Scored out of 10, guest rating 9.2
Superb - What previous guests thought, 142 reviews
Price from
US$230.63
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.

N
Nóra
From
Hungary
Everything was beyond expectations 🩷
Scored out of 10, guest rating 9.6
Exceptional - What previous guests thought, 184 reviews
Price from
US$304.01
1 night, 2 adults

Panoramic Studio Apartment with stunning view - Free Parking

Reykjavík East, Reykjavík

Offering mountain views, Panoramic Studio Apartment with stunning view - Free Parking is an accommodation situated in Reykjavík, 4.4 km from Hallgrímskirkja Church and 4.5 km from The Pearl.

J
Janet
From
United Kingdom
The apartment is just 10 minutes drive away from the main town, very easy to reach with a car. The apartment has a brilliant view of the harbour being on a high floor. The apartment was also lovely and warm.
Scored out of 10, guest rating 9.1
Superb - What previous guests thought, 129 reviews
Price from
US$157.25
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.

E
Elena
From
Germany
Very nice, clean and comfortable apartments with modern design and a lot of space for a big family. There is everything that travelers need in the apartments. Great location on a street with many shops and restaurants. There is a very good caffe for breakfast and lunch just on the opposite side of the street. Highly recommend the apartments.
Scored out of 10, guest rating 9.0
Superb - What previous guests thought, 134 reviews
Price from
US$481.18
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, 2,572 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.1
Very good - What previous guests thought, 3,882 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.5
Very good - What previous guests thought, 2,730 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.0
Very good - What previous guests thought, 5,000 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.5
Very good - What previous guests thought, 3,343 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.8
Fabulous - What previous guests thought, 1,430 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.6
Fabulous - What previous guests thought, 3,213 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, 3,803 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.2
Very good - What previous guests thought, 6,837 reviews

Enjoy breakfast in Reykjavík and nearby

Scored out of 10, guest rating 9.2
Superb - What previous guests thought, 566 reviews

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

From US$273.88 per night
Scored out of 10, guest rating 9.0
Superb - What previous guests thought, 441 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$273.88 per night
Scored out of 10, guest rating 9.1
Superb - What previous guests thought, 904 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$303.41 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$279.49 per night
Scored out of 10, guest rating 8.4
Very good - What previous guests thought, 1,354 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$284.72 per night
Scored out of 10, guest rating 8.9
Fabulous - What previous guests thought, 2,781 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$195.10 per night
Scored out of 10, guest rating 8.1
Very good - What previous guests thought, 1,135 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$214.03 per night

Exeter Hotel

Reykjavík
Breakfast options
Scored out of 10, guest rating 8.8
Fabulous - What previous guests thought, 2,572 reviews

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

From US$410.01 per night

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

Scored out of 10, guest rating 9.2
Superb - What previous guests thought, 42 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 9.6
Exceptional - What previous guests thought, 387 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 8.4
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$260.96 per night
Scored out of 10, guest rating 9.2
Superb - What previous guests thought, 608 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$542.21 per night
Scored out of 10, guest rating 8.1
Very good - What previous guests thought, 262 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$387.88 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$534.24 per night
Scored out of 10, guest rating 8.6
Fabulous - What previous guests thought, 746 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$338.96 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$699.99 per night

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

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$247.87 per night
Scored out of 10, guest rating 9.1
Superb - What previous guests thought, 328 reviews

Skolo Reykjavik Apartments is set in the Reykjavík 101 district of Reykjavík, less than 1 km from Solfar Sun Voyager, 2.6 km from The Pearl and 48 km from Blue Lagoon.

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.

Scored out of 10, guest rating 8.6
Fabulous - What previous guests thought, 1,152 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$183.16 per night
Scored out of 10, guest rating 8.2
Very good - What previous guests thought, 16 reviews

Situated 400 metres from Hallgrímskirkja Church and less than 1 km from Solfar Sun Voyager in the centre of Reykjavík, Cultural Gem in the Heart of Central Reykjavík features accommodation with free...

Scored out of 10, guest rating 8.9
Fabulous - What previous guests thought, 507 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$364.69 per night
Scored out of 10, guest rating 8.6
Fabulous - What previous guests thought, 3,213 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$251.47 per night
Scored out of 10, guest rating 7.9
Good - What previous guests thought, 350 reviews

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

From US$696.98 per night

FAQ about cheap hotels in Reykjavík

Cheap hotels that guests love in Reykjavík

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Avg. price/night: US$258.82
Scored out of 10, guest rating 8.7
Fabulous - What previous guests thought, 925 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, 2,210 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$139.52
Scored out of 10, guest rating 8.1
Very good - What previous guests thought, 3,882 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