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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.

K
Kelly
From
Canada
We loved how cozy the pods were! The price was excellent for Reykjavik. The cafe/kitchen area provided everything we needed to keep and make light meals. Iceland is super expensive to eat out so we liked how we could buy groceries and save on food. We didn’t cook meals but we had yogurt, granola, fruit, noodle cups and sandwiches etc. The bathroom facilities were always kept clean. Staff were helpful and super friendly! Would stay here again for sure!
Scored out of 10, guest rating 9.0
Wonderful - What previous guests thought, 1,046 reviews
Price from
$117.07
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.

S
Selivanov
From
Switzerland
Spacious, convenient room, perfectly clean. All furniture and bathroom looks like new. Breakfast is decent and tea and coffee is available at any time.. easy access to the Golden route road.
Scored out of 10, guest rating 9.0
Wonderful - What previous guests thought, 1,366 reviews
Price from
$236.61
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, 919 reviews
Price from
$109.75
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...

D
Dan
From
Canada
Absolutely wonderful stay! The apartment was not only beautiful and spotless, but it also had everything I needed for a comfortable visit, from kitchen essentials to cozy touches that made it feel like home. The neighborhood was peaceful and quiet. I couldn’t be happier with my experience and would absolutely book again without hesitation!
Scored out of 10, guest rating 9.5
Exceptional - What previous guests thought, 162 reviews
Price from
$244.11
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.

A
Anu
From
Australia
A clean and bright, beautiful brand new apartment at the edge of Reykjavik centre. There's a couple of grocery stores nearby. Also some restaurants and souvenir shops within a 5-10mins walk.
Scored out of 10, guest rating 9.5
Exceptional - What previous guests thought, 130 reviews
Price from
$290.86
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 9.2
Wonderful - What previous guests thought, 137 reviews
Price from
$498.61
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.

c
cheri
From
United States
Clean. Modern. Great location. Laundry facilities on site.
Scored out of 10, guest rating 9.6
Exceptional - What previous guests thought, 182 reviews
Price from
$311.63
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
Kara
From
United States
Excellent location! Clean and comfortable. Would definitely recommend.
Scored out of 10, guest rating 9.0
Wonderful - What previous guests thought, 133 reviews
Price from
$476.80
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.

B
Bryndís A Árnadóttir
From
Iceland
I liked the cleanliness and the cozy apartment.
Scored out of 10, guest rating 9.0
Wonderful - What previous guests thought, 253 reviews
Price from
$323.18
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.

T
Taskeen
From
United Arab Emirates
Location and very helpful owner.
Scored out of 10, guest rating 9.2
Wonderful - What previous guests thought, 157 reviews
Price from
$290.86
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, 3,084 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.0
Very Good - What previous guests thought, 2,582 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.0
Very Good - What previous guests thought, 5,048 reviews

Popular with guests booking cheap hotels in Reykjavík

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

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.5
Very Good - What previous guests thought, 3,375 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.8
Excellent - What previous guests thought, 1,381 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.1
Very Good - What previous guests thought, 3,799 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 7.9
Good - What previous guests thought, 3,757 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.0
Very Good - What previous guests thought, 4,514 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.2
Very Good - What previous guests thought, 6,821 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, 553 reviews

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

From $292.83 per night
Scored out of 10, guest rating 9.0
Wonderful - What previous guests thought, 462 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 $328.58 per night
Scored out of 10, guest rating 9.1
Wonderful - What previous guests thought, 861 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 $321.24 per night
Scored out of 10, guest rating 8.2
Very Good - What previous guests thought, 296 reviews

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

From $300.50 per night
Scored out of 10, guest rating 9.6
Exceptional - What previous guests thought, 392 reviews

Set in a preserved historic house, this accommodations 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, 22 reviews

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

From $168.84 per night
Scored out of 10, guest rating 8.4
Very Good - What previous guests thought, 1,721 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 $192.41 per night
Scored out of 10, guest rating 9.2
Wonderful - What previous guests thought, 604 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 $328.95 per night

Enjoy breakfast in Reykjavík and nearby

Scored out of 10, guest rating 8.9
Excellent - What previous guests thought, 2,739 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 $162.17 per night

Exeter Hotel

Reykjavík
Breakfast options
Scored out of 10, guest rating 8.7
Excellent - What previous guests thought, 2,706 reviews

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

From $199.68 per night

ALVA Apartments

Reykjavík
Breakfast options
Scored out of 10, guest rating 8.6
Excellent - What previous guests thought, 725 reviews

ALVA Apartments offers accommodations within 0.6 miles of the center of Reykjavík, with free Wifi and a kitchen with a dishwasher, an oven, and a toaster.

Scored out of 10, guest rating 8.9
Excellent - What previous guests thought, 516 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 $242.07 per night
Scored out of 10, guest rating 8.6
Excellent - What previous guests thought, 3,213 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 $222.91 per night

Hotel Ódinsvé

Reykjavík
Breakfast options
Scored out of 10, guest rating 8.3
Very Good - What previous guests thought, 1,303 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 $214.10 per night
Scored out of 10, guest rating 8.8
Excellent - What previous guests thought, 2,049 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 $265.47 per night
Scored out of 10, guest rating 8.0
Very Good - What previous guests thought, 519 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 $206.60 per night

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

Scored out of 10, guest rating 8.1
Very Good - What previous guests thought, 267 reviews

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

From $356.42 per night
Scored out of 10, guest rating 8.0
Very Good - What previous guests thought, 1,148 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 $181.79 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 $243.54 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 $437.44 per night
Scored out of 10, guest rating 9.1
Wonderful - What previous guests thought, 340 reviews

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

From $208.33 per night
Scored out of 10, guest rating 8.6
Excellent - What previous guests thought, 1,153 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 $147.16 per night
Scored out of 10, guest rating 7.9
Good - What previous guests thought, 357 reviews

Odinn Apartments is located in Reykjavík, 984 feet from Hallgrímskirkja Church and 2297 feet from Harpa Concert Hall & Conference Center.

From $432.83 per night
Scored out of 10, guest rating 8.8
Excellent - What previous guests thought, 356 reviews

Design apartments in the heart of Reykjavik enjoys a location in Reykjavík, 1.6 miles from The Pearl and 30 miles from Blue Lagoon.

From $311.63 per night

FAQ about cheap hotels in Reykjavík

Cheap hotels that guests love in Reykjavík

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Avg. price/night: $180.63
Scored out of 10, guest rating 8.7
Excellent - What previous guests thought, 907 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: $111.63
Scored out of 10, guest rating 8.1
Very Good - What previous guests thought, 3,799 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