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.

K
Kairavuo
From
Finland
CityHub is a fun and quirky little place to stay in the middle of the city. We needed an affortable place to sleep in and we got more than we needed. The beds are huge and the common areas are clean and well kept. Would book again!
Scored out of 10, guest rating 9.0
Superb - What previous guests thought, 1,151 reviews
Price from
US$112.24
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 Centre is 1 km away.

G
Grigorios
From
Greece
extremely gentle staff, very good breakfast, clean.
Scored out of 10, guest rating 9.0
Superb - What previous guests thought, 1,381 reviews
Price from
US$241.29
1 night, 2 adults

Hotel Local 101

Hotel in Vesturbær, Reykjavík

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.

C
Chan
From
Hong Kong
The staff is very helpful .Our flight is earlier than the breakfast time.They prepared the breakfast earlier.
Scored out of 10, guest rating 9.0
Superb - What previous guests thought, 2,783 reviews
Price from
US$217.16
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.

L
Layane Dias
From
Brazil
this is def the best hostel ever; super tidy and clean, extra comfy beds with curtains for privacy and good access system; can't recommend enough
Scored out of 10, guest rating 9.3
Superb - What previous guests thought, 979 reviews
Price from
US$98.56
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

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...

I
ILHYE
From
South Korea
At first, I chose a house with a washing machine because I was on a long trip and needed to do laundry. But I was pleasantly surprised to stay in such a wonderful house. The welcome cookies and a welcome letter written in Korean touched my heart. I also appreciated the thoughtful details throughout the house for the guests. It was great to stay warm and comfortable in cold Iceland. If I visit Iceland again, I would love to stay here again.
Scored out of 10, guest rating 9.5
Exceptional - What previous guests thought, 168 reviews
Price from
US$248.94
1 night, 2 adults

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.

K
Kristina
From
Croatia
The apartment was easy to find and there was free parking in front. The rooms were clean and there were all the amenities needed for our stay. There is a Bonus right around the corner, which made shopping for food easier. The host was wonderful, we wanted to watch some local TV station and in 5 minutes he was there to show them to us. Perfect location to go on a walk to the city, but also to for going on adventures outside of Reykjavik.
Scored out of 10, guest rating 9.5
Exceptional - What previous guests thought, 133 reviews
Price from
US$291.31
1 night, 2 adults

Iceland SJF Apartments - 301

Reykjavík East, Reykjavík

Set in Reykjavík, 2.9 km from Nauthólsvík Geothermal Beach and 1.4 km from Solfar Sun Voyager, Iceland SJF Apartments - 301 offers air-conditioned accommodation with a balcony and free WiFi.

D
Denisa
From
Czech Republic
Location and facilities were great and it was pleasant to stay there.
Scored out of 10, guest rating 9.5
Exceptional - What previous guests thought, 100 reviews
Price from
US$258.94
1 night, 2 adults

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.

J
Jón Kristinn
From
Iceland
This is the 2nd time I stay with this host, that says a lot about the host.
Scored out of 10, guest rating 9.2
Superb - What previous guests thought, 142 reviews
Price from
US$233.05
1 night, 2 adults

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.

J
Joana
From
Portugal
Very confortable and cozy apartment, with everything we needed for a nice stay in Reykjavik. Two nice and confortable bedroom and nicely equipped kitchen. Free and nice parking outside in front of the building. We totally recomend this place!
Scored out of 10, guest rating 9.6
Exceptional - What previous guests thought, 186 reviews
Price from
US$307.20
1 night, 2 adults

Panoramic Studio Apartment with stunning view - Free Parking

Reykjavík East, Reykjavík

Offering mountain views, Panoramic Studio Apartment with stunning view - Free Parking is an accommodation situated in Reykjavík, 4.4 km from Hallgrímskirkja Church and 4.5 km from The Pearl.

M
Moya
From
Australia
A spacious, modern, tastefully decorated and well equipped apartment close to a range of services. There were also lots of food items which had been left for our use including spices. Fabulous views!!
Scored out of 10, guest rating 9.1
Superb - What previous guests thought, 129 reviews
Price from
US$158.90
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 8.5
Very good - What previous guests thought, 2,751 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.8
Fabulous - What previous guests thought, 1,440 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.1
Very good - What previous guests thought, 3,915 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.6
Fabulous - What previous guests thought, 3,217 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.1
Very good - What previous guests thought, 4,988 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.5
Very good - What previous guests thought, 3,349 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.0
Very good - What previous guests thought, 4,429 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 7.9
Good - What previous guests thought, 3,809 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.0
Very good - What previous guests thought, 1,901 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.2
Very good - What previous guests thought, 6,856 reviews

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

Scored out of 10, guest rating 9.1
Superb - What previous guests thought, 585 reviews

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

From US$947.94 per night
Scored out of 10, guest rating 9.0
Superb - What previous guests thought, 444 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.

Scored out of 10, guest rating 9.1
Superb - What previous guests thought, 915 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.

Scored out of 10, guest rating 8.3
Very good - What previous guests thought, 301 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.

Scored out of 10, guest rating 9.6
Exceptional - What previous guests thought, 35 reviews

Situated in Reykjavík, 700 metres from Hallgrímskirkja Church and 1 km from the centre, Historic Villa in Downtown Reykjavik features air-conditioned accommodation with free WiFi, and a garden.

Scored out of 10, guest rating 9.6
Exceptional - What previous guests thought, 388 reviews

Set in a preserved historic house, this accommodation is located in the old town and is a 13-minute walk of Hallgrímskirkja Church in Reykjavík.

Scored out of 10, guest rating 10
Exceptional - What previous guests thought, 1 review

Set in Reykjavík, 700 metres from Hallgrímskirkja Church, 3.3 km from The Pearl and 49 km from Blue Lagoon, Prime location luxury apartment Reykjavik offers accommodation with a terrace and free WiFi.

Scored out of 10, guest rating 8.5
Very good - What previous guests thought, 23 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...

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, 1,725 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.

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$1,487.14 per night
Scored out of 10, guest rating 8.7
Fabulous - What previous guests thought, 772 reviews

Situated minutes away from the city lake in central Reykjavík, Castle House Luxury Apartments is located next to the National Gallery of Iceland.

Scored out of 10, guest rating 8.2
Very good - What previous guests thought, 261 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...

Scored out of 10, guest rating 8.1
Very good - What previous guests thought, 1,134 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$356.63 per night
Scored out of 10, guest rating 8.5
Very good - What previous guests thought, 2 reviews

Ranargata Three Bedrooms Apartments by Heimaleiga has a patio and is set in Reykjavík, within just 1.4 km of Solfar Sun Voyager and 400 metres of Reykjavik Old Harbour.

Scored out of 10, guest rating 8.8
Fabulous - What previous guests thought, 2,531 reviews

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

From US$900.41 per night
Scored out of 10, guest rating 8.6
Fabulous - What previous guests thought, 752 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$547.31 per night

Enjoy breakfast in Reykjavík and nearby

Scored out of 10, guest rating 8.4
Very good - What previous guests thought, 1,346 reviews

This stylish and original hotel is just a 2-minute walk from Reykjavik’s main shopping street, Laugavegur. It offers free WiFi and rooms with a satellite TV and a tea/coffee maker.

Scored out of 10, guest rating 9.0
Superb - What previous guests thought, 506 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.

Scored out of 10, guest rating 8.6
Fabulous - What previous guests thought, 3,217 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.

Hotel Ódinsvé

Reykjavík
Breakfast options
Scored out of 10, guest rating 8.4
Very good - What previous guests thought, 1,306 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$650.29 per night
Scored out of 10, guest rating 8.8
Fabulous - What previous guests thought, 1,972 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$941.60 per night
Scored out of 10, guest rating 8.0
Very good - What previous guests thought, 2,207 reviews

Located in the calm Thingholt neighbourhood, this family-owned guest house is in Reykjavik is just 450 metres from the shopping Laugavegur Street.

Scored out of 10, guest rating 8.0
Very good - What previous guests thought, 568 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.

Scored out of 10, guest rating 8.6
Fabulous - What previous guests thought, 1,589 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.

FAQ about cheap hotels in Reykjavík

Cheap hotels that guests love in Reykjavík

See all
Avg. price/night: US$332.50
Scored out of 10, guest rating 8.7
Fabulous - What previous guests thought, 930 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
Scored out of 10, guest rating 8.0
Very good - What previous guests thought, 2,207 reviews
Very clean room, good quality typical Nordic breakfast, I liked the atmosphere of the whole place. Comfortable bed, and the room was big enough for a single room at a budget accommodation. Check in took just a few seconds, only to tell my name and then get the keys. I stayed for a whole week, using Reykjavik as a base for exploring western and southern Iceland. The price was very affordable considering how expensive accommodation is in general in Reykjavik.
Guest review by
Magnus.P
Solo traveller
Scored out of 10, guest rating 8.1
Very good - What previous guests thought, 3,915 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