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Cheap hotels in Reykjavík

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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.

P
Priyanka
From
India
We loved our stay in CityHub. I was little worried of communal bathrooms- but they do a great job keeping in neat. The hotel is located in city center- near to many museums, Harpa, harbour. The hosts are excellent, and I loved that their pub has pay-wall for ordering drinks. You can get them anytime!
Scored out of 10, guest rating 9.0
Superb - What previous guests thought, 1,031 reviews
Price from
US$117.29
1 night, 2 adults
Check availability

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, 1,367 reviews
Price from
US$237.06
1 night, 2 adults
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Nordic Hostel

Reykjavík 101, Reykjavík

Nordic Hostel is well located in Reykjavík, and features a shared lounge, free WiFi and a bar.

I
Iva
From
Croatia
Excellent, moder, clean, perfect location
Scored out of 10, guest rating 9.3
Superb - What previous guests thought, 916 reviews
Price from
US$109.96
1 night, 2 adults
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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...

M
Minja
From
Croatia
Highly recommended for anyone staying in Reykjavik! The hosts went out of their way to leave a welcome message in our native language! The accommodation has absolutely everything and more than you need for a comfortable stay! Thank you from the bottom of my heart!
Scored out of 10, guest rating 9.5
Exceptional - What previous guests thought, 161 reviews
Price from
US$244.58
1 night, 2 adults
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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.

V
Vilana
From
Lithuania
Everything worked very well. The host was very friendly and took into consideration our request to check-in earlier. This was very nice. The apartment was very clean, nicely furnished, very warm in the cold and windy Reykjavík in October. The location is good - close to the bus station, close to the center. The grocery shop was nearby and some good and nice restaurants as well. Highly recommended.
Scored out of 10, guest rating 9.5
Exceptional - What previous guests thought, 130 reviews
Price from
US$291.41
1 night, 2 adults
Check availability

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.

P
Pei Jun
From
Taiwan
The room facilities are modern, and the space is very good. It's a place you'll definitely want to come back to.
Scored out of 10, guest rating 9.2
Superb - What previous guests thought, 137 reviews
Price from
US$499.56
1 night, 2 adults
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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.

E
Emily H
From
Switzerland
1. It was super clean! 2. Owner was very responsive on Booking.com and the instruments on how to enter the building and apartment was well explained 3. Comfy mattresses: I was not well on the first night so was very grateful for a good night’s rest 4. Newly renovated/ built 5. Parking is right by the building entrance! 6. Well-equipped kitchen with quality tea (Pukka） and a Nespresso machine 7. 5 minutes walk to Reykjavik Kitchen 8. 7 minutes walk to the Storm Hotel where we were picked up for the Northern Lights tour
Scored out of 10, guest rating 9.6
Exceptional - What previous guests thought, 182 reviews
Price from
US$312.23
1 night, 2 adults
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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, 133 reviews
Price from
US$477.71
1 night, 2 adults
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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...

D
Dreadnought
From
United States
Full grocery store only a quick 3 minute walk away
Scored out of 10, guest rating 9.0
Superb - What previous guests thought, 253 reviews
Price from
US$323.79
1 night, 2 adults
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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.

U
Ulrika
From
Australia
The apartment was really well equipped, very clean and practical and easily slept 4
Scored out of 10, guest rating 9.2
Superb - What previous guests thought, 157 reviews
Price from
US$291.41
1 night, 2 adults
Check availability
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, 3,090 reviews

Popular with guests booking cheap hotels in Reykjavík

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

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.0
Very good - What previous guests thought, 2,592 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.6
Fabulous - What previous guests thought, 3,212 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.5
Very good - What previous guests thought, 3,378 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.8
Fabulous - What previous guests thought, 1,376 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.1
Very good - What previous guests thought, 3,789 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 7.9
Good - What previous guests thought, 3,765 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.0
Very good - What previous guests thought, 4,525 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.2
Very good - What previous guests thought, 6,840 reviews

Enjoy breakfast in Reykjavík and nearby

Scored out of 10, guest rating 9.2
Superb - What previous guests thought, 551 reviews

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

From US$293.38 per night
Scored out of 10, guest rating 9.0
Superb - What previous guests thought, 464 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$366.73 per night
Scored out of 10, guest rating 9.1
Superb - What previous guests thought, 855 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$312.26 per night
Scored out of 10, guest rating 8.9
Fabulous - What previous guests thought, 2,740 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$172.88 per night

Exeter Hotel

Reykjavík
Breakfast options
Scored out of 10, guest rating 8.7
Fabulous - What previous guests thought, 2,724 reviews

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

From US$231.28 per night
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$251.66 per night
Scored out of 10, guest rating 8.6
Fabulous - What previous guests thought, 3,212 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$223.34 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$214.51 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, 22 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$169.16 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 US$191.86 per night
Scored out of 10, guest rating 9.2
Superb - What previous guests thought, 604 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$329.57 per night
Scored out of 10, guest rating 8.1
Very good - What previous guests thought, 267 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$357.10 per night
Scored out of 10, guest rating 8.0
Very good - What previous guests thought, 1,153 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$182.13 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$262.73 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$444.52 per night
Scored out of 10, guest rating 9.1
Superb - What previous guests thought, 341 reviews

Next Apartment Bergstadastræti offers modern, self-catering accommodation 200 metres from Laugavegur shopping street, in central Reykjavík. WiFi is free.

From US$208.73 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, 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.

From US$216.94 per night
Scored out of 10, guest rating 8.6
Fabulous - What previous guests thought, 1,155 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$147.44 per night
Scored out of 10, guest rating 7.9
Good - What previous guests thought, 359 reviews

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

From US$433.65 per night
Scored out of 10, guest rating 9.2
Superb - What previous guests thought, 19 reviews

Situated 500 metres from Hallgrímskirkja Church and 600 metres from Solfar Sun Voyager in the centre of Reykjavík, Luxury penthous - 3 BR - 2 Bath - FreeParking - Downtown features accommodation with...

Scored out of 10, guest rating 8.8
Fabulous - What previous guests thought, 358 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$343.45 per night

Hotel Frón

Reykjavík
Central location
Scored out of 10, guest rating 8.3
Very good - What previous guests thought, 2,475 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$173.46 per night
Scored out of 10, guest rating 7.9
Good - What previous guests thought, 1,235 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$158.11 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$549.29 per night

FAQ about cheap hotels in Reykjavík

Cheap hotels that guests love in Reykjavík

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B18 Apartments

Cheap hotel in Reykjavík
Avg. price/night: US$185.14
Scored out of 10, guest rating 8.7
Fabulous - What previous guests thought, 905 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

Bus Hostel Reykjavik

Cheap hotel in Reykjavík
Avg. price/night: US$111.33
Scored out of 10, guest rating 8.1
Very good - What previous guests thought, 3,789 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

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