Skip to main content

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

Filter by:

Review score

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.

B
Beth
From
New Zealand
Absolutely wonderful, will definitely come back and highly recommend to friends and family
Scored out of 10, guest rating 9.0
Superb - What previous guests thought, 1,016 reviews
Price from
US$120.03
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.

J
John
From
United States
Just perfect. Value for money, beautiful and clean facilities. Super professional and friendly staff. Wonderful place to be.
Scored out of 10, guest rating 9.3
Superb - What previous guests thought, 910 reviews
Price from
US$112.04
1 night, 2 adults

Apartments Reykjavik

Vesturbær, Reykjavík

Apartments Reykjavik in Reykjavík provides adults-only accommodation with a garden and barbecue facilities. With garden views, this accommodation features a patio.

Y
Yonshil
From
Finland
Spacious room, cleaness and the location
Scored out of 10, guest rating 8.8
Fabulous - What previous guests thought, 1,365 reviews
Price from
US$127.12
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.

W
Wiktoria
From
Poland
The place is amazing, well maintained and close to the main points in Reykjavik. My room was warm and silent. The bathroom was clean. The staff is very friendly and helpful, I felt welcomed and safe. I definitely recommend
Scored out of 10, guest rating 8.0
Very good - What previous guests thought, 1,160 reviews
Price from
US$130.90
1 night, 2 adults

Hostel B47

Reykjavík 101, Reykjavík

Situated in Reykjavík, 2.5 km from Nauthólsvík Geothermal Beach, Hostel B47 features accommodation with a garden, free private parking, a shared lounge and a terrace.

A
Aniko
From
Serbia
Very kind staff, excellent hospitality 😊
Scored out of 10, guest rating 8.0
Very good - What previous guests thought, 5,046 reviews
Price from
US$124.84
1 night, 2 adults

Icelandic Apartments by Heimaleiga

Kópavogur, Reykjavík

Icelandic Apartments includes 40 beautifully designed rooms and stunning views from shared balconies and some rooms. All our apartments are fully equipped for 2 or 4 guests with kitchen.

J
Jose Eduardo
From
Portugal
competitive price comfortable parking for free great location
Scored out of 10, guest rating 8.7
Fabulous - What previous guests thought, 2,599 reviews
Price from
US$139.96
1 night, 2 adults

Blue Mountain Apartments by Heimaleiga

Kópavogur, Reykjavík

Blue Mountain Apartments by Heimaleiga provides modern self-catering accommodation in Kópavogur. WiFi and parking are free. Smáralind Shopping Center is 3.8 km away.

E
Elena
From
Ukraine
Great apartment with comfortable beds, very clean, well equipped kitchen with everything needed for a comfortable stay. Check-in/check-out was quick and convenient, especially useful for late arrivals if you’re traveling and unsure of your exact arrival time.
Scored out of 10, guest rating 8.7
Fabulous - What previous guests thought, 1,772 reviews
Price from
US$148.45
1 night, 2 adults

KEX Hostel and Hotel

Reykjavík 101, Reykjavík

Set just 250 meters from Laugarvegur shopping street, this central Reykjavik hostel offers guest rooms and dormitory rooms with free Wi-Fi access. Harpa Concert Hall is 1 km away.

E
Emre Mert
From
Turkey
Stratos was verry kind and helpful. other things were peerfeect
Scored out of 10, guest rating 8.0
Very good - What previous guests thought, 4,527 reviews
Price from
US$129.15
1 night, 2 adults

Bus Hostel Reykjavik

Reykjavík East, Reykjavík

Located in Reykjavík, 1.9 km from Nauthólsvík Geothermal Beach, Bus Hostel Reykjavik provides accommodation with a shared lounge, free private parking, a terrace and a bar.

N
Nigar
From
Azerbaijan
Staff was very nice and helpful. The room clean and warm. Perfect location if you are taking every day tours out of Reykjavik as all the buses stop next to the Hostel.
Scored out of 10, guest rating 8.1
Very good - What previous guests thought, 3,770 reviews
Price from
US$133.38
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.

K
Kannan
From
Estonia
The rooms and toilets were clean! Location is amazing! Just in the heart of the Reykjavik city center!
Scored out of 10, guest rating 8.4
Very good - What previous guests thought, 1,715 reviews
Price from
US$207.46
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

See all

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.9
Fabulous - What previous guests thought, 3,094 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.0
Very good - What previous guests thought, 5,046 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.6
Fabulous - What previous guests thought, 3,216 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.8
Fabulous - What previous guests thought, 1,365 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.0
Very good - What previous guests thought, 2,579 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.5
Very good - What previous guests thought, 3,386 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.1
Very good - What previous guests thought, 3,770 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 7.9
Good - What previous guests thought, 3,768 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.0
Very good - What previous guests thought, 4,527 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.2
Very good - What previous guests thought, 6,848 reviews

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

Scored out of 10, guest rating 9.2
Superb - What previous guests thought, 547 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$312.45 per night
Scored out of 10, guest rating 9.1
Superb - What previous guests thought, 848 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$375.10 per night
Scored out of 10, guest rating 8.2
Very good - What previous guests thought, 295 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$302.93 per night
Scored out of 10, guest rating 8.4
Very good - What previous guests thought, 21 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$170.20 per night
Scored out of 10, guest rating 8.4
Very good - What previous guests thought, 1,715 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$195.48 per night
Scored out of 10, guest rating 9.2
Superb - What previous guests thought, 603 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$375.83 per night
Scored out of 10, guest rating 8.9
Fabulous - What previous guests thought, 2,748 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$200.13 per night

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

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$504.40 per night
Scored out of 10, guest rating 9.2
Superb - What previous guests thought, 666 reviews

Set in Reykjavík city centre, these apartments have a full kitchen and a TV with DVD player. Wi-Fi is free. Hallgrímskirkja Church and Laugavegur shopping street are easily accessed.

Scored out of 10, guest rating 8.1
Very good - What previous guests thought, 27 reviews

Cozy Studio in Reykjavik is situated in the Reykjavík 101 district of Reykjavík, less than 1 km from Solfar Sun Voyager, 3.3 km from The Pearl and 48 km from Blue Lagoon.

Scored out of 10, guest rating 8.0
Very good - What previous guests thought, 1,160 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$183.26 per night

Exeter Hotel

Reykjavík
Central location
Scored out of 10, guest rating 8.7
Fabulous - What previous guests thought, 2,737 reviews

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

From US$260.64 per night
Scored out of 10, guest rating 8.6
Fabulous - What previous guests thought, 720 reviews

ALVA Apartments offers accommodation within 1 km of the centre of Reykjavík, with free WiFi, and a kitchen with a dishwasher, an oven and a toaster.

From US$237.36 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$550.01 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$462.98 per night

Enjoy breakfast in Reykjavík and nearby

Scored out of 10, guest rating 8.9
Fabulous - What previous guests thought, 517 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$275.02 per night
Scored out of 10, guest rating 8.6
Fabulous - What previous guests thought, 3,216 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$219.32 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$215.84 per night
Scored out of 10, guest rating 8.8
Fabulous - What previous guests thought, 2,060 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$267.62 per night
Scored out of 10, guest rating 8.0
Very good - What previous guests thought, 513 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$208.28 per night
Scored out of 10, guest rating 8.6
Fabulous - What previous guests thought, 1,648 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$180.35 per night
Scored out of 10, guest rating 8.7
Fabulous - What previous guests thought, 1,444 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$237.83 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$194.31 per night

FAQ about cheap hotels in Reykjavík

Cheap hotels that guests love in Reykjavík

See all
Avg. price/night: US$166.39
Scored out of 10, guest rating 8.7
Fabulous - 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: US$113.42
Scored out of 10, guest rating 8.1
Very good - What previous guests thought, 3,770 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