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.

N
Nicolas
From
Belgium
Super friendly staff. Upon entrance we had trouble and he spontaneously offered his help without us having to ask. Rituals soap in the showers, wow! Showers were clean and had good pressure. The expensive soap was a blessing. The receptionist at the desk gave us a cityhub bracelet without chip to take with us when we left. Nice souvenir while I think this isn’t conventional to give out.
Scored out of 10, guest rating 9.0
Superb - What previous guests thought, 1,016 reviews
Price from
US$120.27
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.

H
Huiting
From
China
I had a very pleasant four-day stay here. It is newly-opened, clean and comfortable, with a modern design and great attention to detail. The manager, Federico, was very friendly and gave me excellent recommendations for local dining and activities. I would especially like to thank Gabriela, the reception girl. She helped me out of an unpleasant thing, very warm, cheerful and chatty. She is definitely one of the reasons that I will choose to stay at Nordic Hostel again. Additionally, the bed is very comfortable and come with blackout curtains, ensuring a great night’s sleep. The kitchen is also very clean and well-equipped with all the necessary utensils and cookware. Highly recommend!
Scored out of 10, guest rating 9.3
Superb - What previous guests thought, 910 reviews
Price from
US$111.96
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.

O
Olly
From
United Kingdom
Perfect location and had everything I needed to enjoy my time here in Iceland!
Scored out of 10, guest rating 8.8
Fabulous - What previous guests thought, 1,365 reviews
Price from
US$127.37
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.

K
Kerluke
From
Canada
Super cute apartment. It was very clean and a great location. They were really helpful with letting us know where to find free parking. It also had a mini fridge, which was extra helpful for our groceries. Us girls loved it here!
Scored out of 10, guest rating 8.0
Very good - What previous guests thought, 1,160 reviews
Price from
US$131.16
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.

M
Malina
From
Poland
Very clean, calm nice people and very good wi-fi. Comfortable bed, with clean sheets. Kitchen well equiped.
Scored out of 10, guest rating 8.0
Very good - What previous guests thought, 5,046 reviews
Price from
US$125.08
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.

H
Harshada
From
Belgium
Spotless clean. Prompt response. The studio was equipped with everything that we needed. Superb scenic view of the mountain and lake from the window. Cozy beds. Perfect size of the room for 3 adults. Strong wifi.
Scored out of 10, guest rating 8.7
Fabulous - What previous guests thought, 2,599 reviews
Price from
US$135.98
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.

M
Magnus
From
Luxembourg
There was a deli close by for either breakfast or lunch, a store was close by as well, it’s a good location
Scored out of 10, guest rating 8.7
Fabulous - What previous guests thought, 1,772 reviews
Price from
US$145.91
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.

T
Thur
From
Sweden
I had a wonderful time at Kex! There was an incredible concert downstairs and the mood over all felt social and fun, like hostel often då. The large dorms with so many beds were roomy enough.
Scored out of 10, guest rating 8.0
Very good - What previous guests thought, 4,527 reviews
Price from
US$129.41
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.

L
Lucia
From
Slovakia
Great clean and quiet place in bud terminal convenient when you have early or late night flights.
Scored out of 10, guest rating 8.1
Very good - What previous guests thought, 3,770 reviews
Price from
US$133.24
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.

E
Eirini
From
Greece
At the center of the city Easy to check in Comfy beds Clean
Scored out of 10, guest rating 8.4
Very good - What previous guests thought, 1,715 reviews
Price from
US$207.26
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, 2,748 reviews

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 8.0
Very good - What previous guests thought, 2,579 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.6
Fabulous - What previous guests thought, 3,216 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 8.8
Fabulous - What previous guests thought, 1,365 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 8.2
Very good - What previous guests thought, 6,848 reviews

Enjoy breakfast in Reykjavík and nearby

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$312.20 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$374.80 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$200.53 per night

Exeter Hotel

Reykjavík
Breakfast options
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$262.32 per night

ALVA Apartments

Reykjavík
Breakfast options
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$237.83 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$271.22 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$219.75 per night

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

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$303.53 per night
Scored out of 10, guest rating 10
Exceptional - What previous guests thought, 5 reviews

Located in Reykjavík, less than 1 km from Hallgrímskirkja Church, 3.4 km from The Pearl and 49 km from Blue Lagoon, Luxury Central Apartment provides accommodation with a balcony and free WiFi.

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$170.54 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$195.29 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$376.57 per night
Scored out of 10, guest rating 9.8
Exceptional - What previous guests thought, 5 reviews

In the Reykjavík 101 district of Reykjavík, close to Hallgrímskirkja Church, Vesturgata - One Bedroom Apartment Near Harbour features free WiFi and a washing machine.

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$183.62 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$552.67 per night

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, 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$457.60 per night
Scored out of 10, guest rating 8.6
Fabulous - What previous guests thought, 1,150 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$148.65 per night
Scored out of 10, guest rating 9.1
Superb - What previous guests thought, 138 reviews

Set in the centre of Reykjavík, just 500 metres from Hallgrímskirkja Church and less than 1 km from Solfar Sun Voyager, Perfect Apartment in the Heart of Reykjavík offers accommodation with city views...

Scored out of 10, guest rating 7.9
Good - What previous guests thought, 361 reviews

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

From US$437.19 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$216.27 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 8.8
Fabulous - What previous guests thought, 357 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$346.26 per night

Hotel Frón

Reykjavík
Central location
Scored out of 10, guest rating 8.3
Very good - What previous guests thought, 2,469 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$174.88 per night

FAQ about cheap hotels in Reykjavík

Cheap hotels that guests love in Reykjavík

See all
Avg. price/night: US$186.65
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$113.31
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