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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

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.

Y
Yunzhu
From
Netherlands
We arrived late with a self checkin, which works well, and supportive staffs helped us even in the late night.
Scored out of 10, guest rating 9.0
Superb - What previous guests thought, 1,358 reviews
Price from
US$238.09
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.

N
Noemi Del Prieste
From
Spain
Incredible experience. The best hostel I've ever been. The team was so professional and friendly, everything was always clean, beds so comfortable. Perfect location. Loved it.
Scored out of 10, guest rating 9.3
Superb - What previous guests thought, 903 reviews
Price from
US$132.31
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...

R
Ran
From
China
It’s a super nice studio, everything equipped, clean and tidy, warm like a home. The hostess is very friendly and nice. I’m really glad that I’ve spent a wonderful night there :)
Scored out of 10, guest rating 9.5
Exceptional - What previous guests thought, 159 reviews
Price from
US$245.64
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.

D
David
From
Spain
This is a very confortable apartment, close to the city center, but in a very quiet zone. The apartment is big enought, has 2 good rooms with large beds, and is very well equipped. Highly recommended
Scored out of 10, guest rating 9.6
Exceptional - What previous guests thought, 127 reviews
Price from
US$292.67
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.

a
andykadir
From
India
Great host, clean apartment and great amenities such as washing facilities etc
Scored out of 10, guest rating 9.4
Superb - What previous guests thought, 135 reviews
Price from
US$501.72
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
Johan
From
Netherlands
Super clean and comfortable. Extremely friendly en helpful host!
Scored out of 10, guest rating 9.6
Exceptional - What previous guests thought, 181 reviews
Price from
US$313.58
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.

C
Chin Yin
From
Malaysia
Beautiful apartment with full facilities. Definitely recommending to others
Scored out of 10, guest rating 9.0
Superb - What previous guests thought, 131 reviews
Price from
US$479.77
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
MariaGiadaC
From
United Kingdom
The apartment is stunning, modern, cozy and warm. Fully equipped kitchen with coffee and tea. Super comfortable beds We really appreciated the coffee machine with the Lavazza coffee pods. The apartment was already available for the check in at 12pm
Scored out of 10, guest rating 9.0
Superb - What previous guests thought, 251 reviews
Price from
US$325.19
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, 153 reviews
Price from
US$292.67
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
Fabulous - What previous guests thought, 1,362 reviews

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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, 5,049 reviews

Popular with guests booking cheap hotels in Reykjavík

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, 2,581 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.1
Very good - What previous guests thought, 3,755 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

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

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 8.2
Very good - What previous guests thought, 296 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$302.37 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 8.9
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
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$182.92 per night

Exeter Hotel

Reykjavík
Central location
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

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

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 9.1
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
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
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
Scored out of 10, guest rating 8.1
Very good - What previous guests thought, 226 reviews

In the centre of Reykjavík, Reykjavik Antique Rentals provides rooms with free WiFi.

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

Enjoy breakfast in Reykjavík and nearby

Scored out of 10, guest rating 8.8
Fabulous - What previous guests thought, 2,061 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$267.12 per night
Scored out of 10, guest rating 8.0
Very good - What previous guests thought, 510 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$207.89 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$181.18 per night
Scored out of 10, guest rating 8.7
Fabulous - What previous guests thought, 1,448 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$237.39 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$193.95 per night
Scored out of 10, guest rating 8.6
Fabulous - What previous guests thought, 3,003 reviews

Situated in Reykjavík and with Nauthólsvík Geothermal Beach reachable within 2.8 km, Center Hotels Laugavegur features concierge services, non-smoking rooms, a restaurant, free WiFi throughout the...

From US$241.84 per night
Scored out of 10, guest rating 8.6
Fabulous - What previous guests thought, 980 reviews

Located only 350 metres from restaurant and shopping along Laugavegur shopping street, this offers stylish rooms in central Reykjavik.

From US$263.92 per night

Hotel Klettur

Reykjavík
Breakfast options
Scored out of 10, guest rating 8.2
Very good - What previous guests thought, 1,214 reviews

Hotel Klettur is 500 metres to the main shopping area of Laugavegur street. It offers modern guest rooms with free WiFi and a flat-screen satellite TV.

From US$221.71 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, 3,755 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