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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 selection of great cheap hotels in Reykjavík

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CityHub Reykjavik

Hotel in Reykjavík 101, Reykjavík

Central Location: CityHub Reykjavik is located in the city center of Reykjavík, offering easy access to key attractions.

L
Lynda
From
United Kingdom
This is one of the coolest places I’ve stayed in, really chilled out, super snazzy pods, rooftop hot tub, kitchenette with all mod cons to make any meals, free tea and coffee, vending machines, everywhere was super clean and funky. Staff were so helpful and kind if I needed info for transport etc. bathrooms immaculate, i would defo recommend staying here
Scored out of 10, guest rating 9.0
Wonderful - What previous guests thought, 1,004 reviews
Price from
$119.93
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 Center is 0.6 mi away.

J
Jiapei
From
Germany
Room is clean and the breakfast is so good.
Scored out of 10, guest rating 9.0
Wonderful - What previous guests thought, 1,358 reviews
Price from
$238.33
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.

G
Gabriel
From
Costa Rica
This is a great hostel located very close to the main church in Reykjavík. You can walk from de BSI station. Facilities are great! The bed is very comfortable and you have space to have your things and privacy.
Scored out of 10, guest rating 9.3
Wonderful - What previous guests thought, 903 reviews
Price from
$131.54
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

Lara Studio in Laugardalur valley, Reykjavík Central Park and Botanical Garden, Private entrance, FREE Private Parking on side offers accommodations in Reykjavík, 2.8 miles from The Pearl and 2.9...

S
Sean
From
United States
The apartment was well stocked and comfortable. We only stayed one night as a last minute necessity but having stayed that one night we would book this place for our full stay next time. We stayed in the center which was more convenient but after all is said and done this place was a much better deal in a quiet area away from all the other tourists. Highly recommended for a solo person or couple traveling. 10/10.
Scored out of 10, guest rating 9.5
Exceptional - What previous guests thought, 159 reviews
Price from
$245.89
1 night, 2 adults

Iceland SJF Apartments - 201

Reykjavík East, Reykjavík

Iceland SJF Apartments - 201 offers accommodations in Reykjavík, 1.8 miles from Nauthólsvík Geothermal Beach and 29 miles from Blue Lagoon.

L
Linda
From
United States
The property was very clean and comfortable.
Scored out of 10, guest rating 9.6
Exceptional - What previous guests thought, 127 reviews
Price from
$292.98
1 night, 2 adults

Iceland SJF Apartments - 503

Reykjavík East, Reykjavík

Iceland SJF Apartments - 503 is a recently renovated apartment in Reykjavík, near Solfar Sun Voyager. This apartment offers air-conditioned accommodations with a balcony and free Wifi.

L
Leftoversagain
From
United States
The bed and the apartment was a good sized space for 2 people and the view was decent. It did feel like we were in an industrial section of town but there was a hotel next door that had great food and service at the restaurant. I believe it was called Eyja.
Scored out of 10, guest rating 9.4
Wonderful - What previous guests thought, 135 reviews
Price from
$502.24
1 night, 2 adults

Iceland SJF Apartments - 401

Reykjavík East, Reykjavík

Just a 16-minute walk from Solfar Sun Voyager and 0.8 miles from Hallgrímskirkja Church, Iceland SJF Apartments - 401 features accommodations in Reykjavík with a garden.

K
Kyoko
From
Canada
Clean, spacious, good location
Scored out of 10, guest rating 9.6
Exceptional - What previous guests thought, 181 reviews
Price from
$313.90
1 night, 2 adults

Lundur Apartments - Down Town

Reykjavík 101, Reykjavík

Lundur Apartments - Down Town is a recently renovated apartment in the center of Reykjavík, a 5-minute walk from Solfar Sun Voyager and 500 yards from Hallgrímskirkja Church.

K
Klaus
From
Mexico
Location and confort was amazing
Scored out of 10, guest rating 9.0
Wonderful - What previous guests thought, 131 reviews
Price from
$480.27
1 night, 2 adults

Center Apartments - Esja

Reykjavík East, Reykjavík

Just a 16-minute walk from Solfar Sun Voyager and 0.8 miles from Hallgrímskirkja Church, Center Apartments - Esja features accommodations in Reykjavík, with a terrace.

M
Marco
From
Switzerland
super cool apartment, well located and fully equipped with everything you need. It even had spices, coffee, sugar etc.
Scored out of 10, guest rating 9.0
Wonderful - What previous guests thought, 251 reviews
Price from
$325.53
1 night, 2 adults

Center apartments - Hekla

Reykjavík East, Reykjavík

Just a 16-minute walk from Solfar Sun Voyager and 0.8 miles from Hallgrímskirkja Church, Center apartments - Hekla features accommodations in Reykjavík with a terrace.

A
Anna
From
United States
it was perfect and I wish we were staying here on our way back as well! the host is amazing, location perfect and easily walkable to the city center. brand new unit-will recommended to all our friends!
Scored out of 10, guest rating 9.2
Wonderful - What previous guests thought, 153 reviews
Price from
$292.98
1 night, 2 adults
All cheap hotels in Reykjavík

Looking for a cheap hotel?

For those trying to save, these fun, budget hotels still have lots to offer, from Wifi to convenient locations. Popular with backpackers, many properties are set in central areas and include comfortable rooms with private or shared bathrooms. You’ll also find loads of options that feature 24-hour front desks and luggage storage.

Most booked cheap hotels in Reykjavík and surrounding area in the past month

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Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.9
Excellent - What previous guests thought, 3,097 reviews

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

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Scored out of 10, guest rating 8.6
Excellent - 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, 2,580 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.0
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Scored out of 10, guest rating 8.5
Very Good - What previous guests thought, 3,397 reviews

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

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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 center. Check these cheap hotels in Reykjavík and nearby

Scored out of 10, guest rating 9.2
Wonderful - What previous guests thought, 546 reviews

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

Scored out of 10, guest rating 9.0
Wonderful - 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 center.

From $312.20 per night
Scored out of 10, guest rating 9.1
Wonderful - What previous guests thought, 843 reviews

Hotel Reykjavík Saga features a fitness center, garden, a terrace and restaurant in Reykjavík. With free WiFi, this 4-star hotel offers room service and a 24-hour front desk.

From $382.11 per night
Scored out of 10, guest rating 8.2
Very Good - What previous guests thought, 295 reviews

Day Dream Historical Grjótagata 4 features rooms with free Wifi in the center of Reykjavík.

From $302.68 per night
Scored out of 10, guest rating 9.3
Wonderful - What previous guests thought, 39 reviews

In the center 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 8.4
Very Good - What previous guests thought, 20 reviews

Reykjavík Rainbow Guesthouse features rooms with free Wifi in the center of Reykjavík.

From $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 $195.10 per night
Scored out of 10, guest rating 9.2
Wonderful - What previous guests thought, 602 reviews

These luxury apartments in central Reykjavik are just 1148 feet from Old Reykjavik Harbor. Each features free WiFi, contemporary furnishings, an iPad and city-view balcony.

From $375.52 per night

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

Scored out of 10, guest rating 8.9
Excellent - 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 $199.97 per night
Scored out of 10, guest rating 8.1
Very Good - What previous guests thought, 270 reviews

Odinn Reykjavik Skolavordustigur Apartments provides rooms in Reykjavík near Reykjavik Art Museum: Kjarvalsstadir and Laugavegur Shopping Street.

From $284.84 per night
Scored out of 10, guest rating 8.0
Very Good - What previous guests thought, 1,166 reviews

Offering quiet street views, Day Dream Vesturgata 17 Reykjavik in Reykjavík provides accommodations and a terrace. Featuring mountain and city views, this condo hotel also features free Wifi.

From $183.11 per night
Scored out of 10, guest rating 8.7
Excellent - What previous guests thought, 2,752 reviews

This contemporary design hotel is set in Reykjavík's Old Harbor area, 1640 feet from Harpa Concert Hall & Conference Center.

From $245.31 per night
Scored out of 10, guest rating 9.0
Wonderful - What previous guests thought, 6 reviews

Ranargata Apartments by Heimaleiga offers accommodations in Reykjavík, 2.3 miles from The Pearl and 1.2 miles from Laugavegur Shopping Street.

From $251.59 per night
Scored out of 10, guest rating 9.0
Wonderful - What previous guests thought, 2 reviews

Spacious 3Bedroom Apartment on Rainbow Street is located in Reykjavík, just 1.8 miles from The Pearl and 30 miles from Blue Lagoon. This apartment offers accommodations with a patio and free Wifi.

From $475.15 per night
Scored out of 10, guest rating 9.1
Wonderful - What previous guests thought, 342 reviews

Next Apartment Bergstadastræti offers modern, self-catering accommodations 656 feet from Laugavegur shopping street, in central Reykjavík. WiFi is free.

Scored out of 10, guest rating 8.6
Excellent - What previous guests thought, 1,151 reviews

In a prime location in the Vesturbær district of Reykjavík, Refurinn Reykjavik Guesthouse is located a 17-minute walk from Hallgrímskirkja Church, one mile from Solfar Sun Voyager and 2.3 miles from...

From $148.23 per night

Enjoy breakfast in Reykjavík and nearby

Scored out of 10, guest rating 8.8
Excellent - What previous guests thought, 519 reviews

Located just a 2-minute walk from Laugavegur Shopping Street, Canopy by Hilton Reykjavik City Center in Reykjavík features a number of amenities including a fitness center and a bar.

From $281.95 per night
Scored out of 10, guest rating 8.6
Excellent - What previous guests thought, 3,215 reviews

Set in the popular 101 harbor 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 $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 a quarter mile 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 $215.66 per night
Scored out of 10, guest rating 8.8
Excellent - What previous guests thought, 2,061 reviews

Offering city views, Vintage Apartment Hotel is set along Laugavegur Shopping Street in Reykjavík. Hallgrímskirkja Church is 984 feet away. The accommodations has a flat-screen TV.

From $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 accommodations within half a mile of the center of Reykjavík, with free Wifi and a kitchenette with a microwave, a fridge, and a stovetop.

From $208.11 per night
Scored out of 10, guest rating 8.6
Excellent - What previous guests thought, 1,654 reviews

Located in Reykjavik’s old city center, 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 $179.04 per night
Scored out of 10, guest rating 8.7
Excellent - 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 $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 located in the Miðborg district of Reykjavík, Hotel Vera is located a 6-minute walk from Hallgrímskirkja Church, 700 yards from Solfar Sun Voyager and 1.6 miles from The Pearl.

From $194.15 per night

FAQ about cheap hotels in Reykjavík

Cheap hotels that guests love in Reykjavík

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Avg. price/night: $186.13
Scored out of 10, guest rating 8.7
Excellent - 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: $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