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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.

G
Giordano Herrera
From
Ireland
Everything was perfect at this accommodation. Let's start with the staff, who are super friendly and attentive. First, Ren, who is a very lovely girl who is always there to help with anything you need. I also appreciate the treatment from Sussette and Isabella, as well as the super friendly girl from Croatia and the guys on night shift. This is the most valuable thing about this hotel, all its employees. It is also very central and close to everything. It has a Jacuzzi on the third floor, and of course the beds are super comfortable and they use Ritual products for their clients. I loved it. I would definitely go back.
Scored out of 10, guest rating 9.0
Superb - What previous guests thought, 1,004 reviews
Price from
US$119.81
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.

S
Samia
From
France
We had a great stay in this charming apartment. It was so close to the harbour , restaurants, bars , museums, shops , that we could walk instead of taking public transportation . The staff was very nice and available. We just wanted to live there . We will come back.
Scored out of 10, guest rating 8.0
Very good - What previous guests thought, 1,168 reviews
Price from
US$130.66
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.

L
Luis Fernando
From
Costa Rica
Very comfy and friendly staff! Location is perfect
Scored out of 10, guest rating 8.4
Very good - What previous guests thought, 1,720 reviews
Price from
US$208.25
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...

R
Roseline
From
Singapore
Nice cosy place strategically located
Scored out of 10, guest rating 8.9
Fabulous - What previous guests thought, 3,096 reviews
Price from
US$290.35
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.

T
Tore
From
Denmark
Good staff, very competent, pleasant, helpful and easygoing as well. I would for sure return the next time i visit Reykjavik
Scored out of 10, guest rating 8.0
Very good - What previous guests thought, 2,580 reviews
Price from
US$152.55
1 night, 2 adults

Stay Apartments Einholt

Reykjavík East, Reykjavík

Located in central Reykjavik, Stay Apartments Einholt offers stylish apartments with a kitchenette, flat-screen TV and free WiFi internet. The main shopping street, Laugavegur, is 300 metres away.

H
Hickman
From
Australia
Very central to everything with readily accessible parking.
Scored out of 10, guest rating 8.1
Very good - What previous guests thought, 1,633 reviews
Price from
US$181.18
1 night, 2 adults

Stay Apartments Bolholt

Reykjavík East, Reykjavík

Stay Apartments Bolholt is situated 25 minutes’ walk from Reykjavik city centre. It offers self-service studios, some with magnificent bay and mountain views.

R
Rabi
From
India
Very good accommodation provided by Bolholt.. Strongly recommed to stay..
Scored out of 10, guest rating 8.5
Very good - What previous guests thought, 1,233 reviews
Price from
US$199.76
1 night, 2 adults

NN Urban Guesthouse

Reykjavík East, Reykjavík

A recently renovated property, NN Urban Guesthouse is located in Reykjavík near Solfar Sun Voyager, Hallgrímskirkja Church and The Pearl.

L
Lucie
From
United Kingdom
Everything is so well described and marked in the property with such great attention to detail! Draws with maps and chargers or how to use each kitchen appliance. It’s also great location with some lovely coffee shops around.
Scored out of 10, guest rating 8.9
Fabulous - What previous guests thought, 618 reviews
Price from
US$168.40
1 night, 2 adults

Day Dream Historical Grjótagata 4

Reykjavík 101, Reykjavík

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.

C
Corina
From
Romania
excellent property located right in the center very close to all amenities
Scored out of 10, guest rating 8.2
Very good - What previous guests thought, 297 reviews
Price from
US$198.43
1 night, 2 adults

cozy apartment

Reykjavík East, Reykjavík

Cozy apartment is situated in Reykjavík, less than 1 km from Hallgrímskirkja Church, 2.1 km from The Pearl, as well as 200 metres from Laugavegur Shopping Street.

F
Felix
From
Germany
Small basic but cute appartment with everything I needed. Supermarket and nice restaurants in walking distance and very clean.
Scored out of 10, guest rating 8.5
Very good - What previous guests thought, 15 reviews
Price from
US$184.38
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, 2,747 reviews

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Scored out of 10, guest rating 8.8
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Scored out of 10, guest rating 8.6
Fabulous - What previous guests thought, 3,215 reviews

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

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Scored out of 10, guest rating 8.5
Very good - What previous guests thought, 3,398 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.0
Very good - What previous guests thought, 2,580 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.1
Very good - What previous guests thought, 3,760 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, 4,536 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

Enjoy breakfast 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$313.64 per night
Scored out of 10, guest rating 9.1
Superb - What previous guests thought, 842 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$383.88 per night
Scored out of 10, guest rating 8.9
Fabulous - What previous guests thought, 2,747 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$199.76 per night

Exeter Hotel

Reykjavík
Breakfast options
Scored out of 10, guest rating 8.7
Fabulous - What previous guests thought, 2,752 reviews

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

From US$245.06 per night
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$283.25 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$214.29 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$215.44 per night

Stay connected in Reykjavík and nearby. Cheap hotels 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$169.89 per night
Scored out of 10, guest rating 8.4
Very good - What previous guests thought, 1,718 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$196.23 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$375.13 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$284.54 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$245.06 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$480.94 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, 1,147 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$148.08 per night

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

Scored out of 10, guest rating 7.9
Good - What previous guests thought, 361 reviews

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

From US$435.53 per night
Scored out of 10, guest rating 8.8
Fabulous - What previous guests thought, 356 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$365.84 per night

Hotel Frón

Reykjavík
Central location
Scored out of 10, guest rating 8.3
Very good - What previous guests thought, 2,470 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$174.21 per night
Scored out of 10, guest rating 7.9
Good - What previous guests thought, 1,237 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$168.64 per night
Scored out of 10, guest rating 7.9
Good - What previous guests thought, 96 reviews

Attractively situated in Reykjavík, Downtown Reykjavík Baldursbrá Holiday Home features express check-in and check-out and parking on-site.

From US$441.33 per night
Scored out of 10, guest rating 8.5
Very good - What previous guests thought, 2,647 reviews

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

From US$235.88 per night
Scored out of 10, guest rating 8.4
Very good - What previous guests thought, 76 reviews

In the Reykjavík 101 district of Reykjavík, close to Hallgrímskirkja Church, Freyjugata Apartments by Heimaleiga features a terrace and a washing machine.

Scored out of 10, guest rating 8.5
Very good - What previous guests thought, 1,592 reviews

Set in a building dating back to 1916, this Reykjavík guest house is within 5 minutes’ walk of the popular Laugavegur shopping street. Both WiFi and private, on-site parking are free.

From US$214.93 per night

FAQ about cheap hotels in Reykjavík

Cheap hotels that guests love in Reykjavík

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Avg. price/night: US$185.94
Scored out of 10, guest rating 8.7
Fabulous - What previous guests thought, 899 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$113.85
Scored out of 10, guest rating 8.1
Very good - What previous guests thought, 3,760 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