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The best cheap hotels in Lake Myvatn

Check out our pick of great cheap hotels in Lake Myvatn

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Superb: 9+ Very good: 8+ Good: 7+ Pleasant: 6+
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Fosshotel Mývatn is located next to Lake Mývatn, 6.8 km to the Mývatn Nature Baths. The hotels provides free WiFi and free private parking. Guests can enjoy drinks from the bar and food at the restaurant with a lake view. The rooms were comfortable, spacious, very nice and perfectly cleaned. The breakfast was very good.

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9.1
Superb
1,319 reviews

This hotel is quietly situated 2 km from Lake Mývatn and 30 minutes’ drive from the Godafoss Waterfall and Krafla Crater. It offers free Wi-Fi and rooms with modern furnishings.

A flat-screen satellite TV, electric kettle and seating area can be found in all Hótel Laxá rooms. Free toiletries and a hairdryer are provided in the bathrooms. Hot shower water and really nice night shift employee. Breakfast quite good as well

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9.1
Superb
1,790 reviews
Price from
US$179
per night

Situated in Myvatn and only 6.5 km from Myvatn Nature Baths, Slow Travel Mývatn - Þúfa - Private Homestay features accommodation with lake views, free WiFi and free private parking. The property has garden views. Outdoor seating is also available at the apartment. Everything about this homestay was amazing, the location ,bird sanctuary, amazing colours of the plants all around the house, Beautifully decorated inside and out, you could not but love staying in this beautiful homestay, We had beautiful freshly baked bread waiting when we arrived, This is a must stay if you are visiting Myvatn, There was 4 of us staying and we all loved loved it, Lovely balcony.

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9
Superb
102 reviews
Price from
US$197
per night

Boasting garden views, Myvo The Studio apartment at Geiteyjarströnd 4 offers accommodation with a garden, around 48 km from Godafoss Waterfall. This beachfront property offers access to a terrace, free private parking and free WiFi. The property is non-smoking and is set 9 km from Myvatn Nature Baths. The location was excellent and the view of the lake was stunning. The suite was beautifully decorated. We appreciated the washing machine.

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9.4
Superb
115 reviews
Price from
US$406
per night

Overlooking Lake Mývatn, this camping site offers cottages with wooden floors, a private bathroom and a terrace. Krossdalur Golf Course is 500 metres away, and Reykjahlíd village is 1 km from the cottages. Cozy cottage with stunning views

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9.3
Superb
103 reviews
Price from
US$209
per night

Featuring mountain views, Mývatn apartments provides accommodation with balcony, around 4.5 km from Myvatn Nature Baths. This property offers access to a terrace, free private parking and free WiFi. Each room has a patio with views of the garden. We felt so comfortable and relaxed here. The apartment looks even better in reality than on photos. The kitchen was very well equipped, so we felt almost like at home.

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9.4
Superb
53 reviews
Price from
US$370
per night

This hotel is situated on Lake Myvatn, 3.3 km from Myvatn Nature Baths. A number of amenities including a bar and free WiFi are featured. Boasting a 24-hour front desk, this hotel also provides a restaurant. Clean. Great staff. Green movement. Food at restaurant was fantastic! Near to town

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8.9
Fabulous
2,042 reviews
Price from
US$162
per night

Offering a shared kitchen/lounge and mountain views, Skútustadir Guesthouse is set on a farm by the southern shore of Lake Mývatn. WiFi and parking are free.

The geothermally heated Mývatn Nature Baths are 18 km away. The surrounding area is popular for bird watching. Iceland’s premier whale watching location, Húsavík, is a 45-minute drive away. The breakfast was really good! We really appreciated the local ingredients. The room was lovely and had a wonderful view.

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8.8
Fabulous
1,898 reviews
Price from
US$100
per night

Situated by Lake Mývatn, this guest house offers basic rooms with shared facilities. The Mývatn Nature Baths is a 10-minute drive away. Free parking is available on site and the Ring Road is only a 3-minute drive away. Check in/out was very quick and easy, with codes, no personnel. Washbasin within the room is so comfortable. The common kitchen area is really huge and equipped.

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8.4
Very good
1,484 reviews

Quietly located 5 km from Iceland's Ring Road and 13 km from Lake Mývatn, this family-run guest house offers views over Sandfell Mountain. On-site facilities include 2 hot tubs and a communal TV lounge. Free WiFi is available in the common areas. Very cozy and beautiful location. Perfect place to wind down and enjoy nature. Comfortable facilities. Breakfast was great, we loved the waffle machine.

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8.9
Fabulous
1,465 reviews

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