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The best cheap hotels in Lake Myvatn

Check out our pick of great cheap hotels in Lake Myvatn

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Superb: 9+ Very good: 8+ Good: 7+ Pleasant: 6+
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Fosshotel Mývatn is located next to Lake Mývatn, 6.8 km to the Mývatn Nature Baths. The hotels provides free WiFi and free private parking. Guests can enjoy drinks from the bar and food at the restaurant with a lake view. The design of the room. Magnificent view. Friendly staff.

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9.1
Superb
1,398 reviews
Price from
US$260
per night

This hotel is quietly situated 2 km from Lake Mývatn and 30 minutes’ drive from the Godafoss Waterfall and Krafla Crater. It offers free Wi-Fi and rooms with modern furnishings.

A flat-screen satellite TV, electric kettle and seating area can be found in all Hótel Laxá rooms. Free toiletries and a hairdryer are provided in the bathrooms. The wake up call for Auroras was a super service. Super nice staff and very good Restaurant and breakfast.

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9.1
Superb
1,779 reviews
Price from
US$154
per night

Boasting garden views, Myvo The Studio apartment at Geiteyjarströnd 4 offers accommodation with a garden, around 48 km from Godafoss Waterfall. This beachfront property offers access to a terrace, free private parking and free WiFi. The property is non-smoking and is set 9 km from Myvatn Nature Baths. The Apartment was beautiful, comfortable, featured plenty of windows to enjoy the stunning view of the lake in front and the mountain in the back. The kitchen was well equipped with everything you need, there is even a laundry machine. The location is perfect, right next to Dimmuburgir, Hverir, the cave and of course the lake which benefited us with a beautiful sunset from the kitchen. It wasn't so cheap but worth the money.

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9.3
Superb
118 reviews
Price from
US$407
per night

Overlooking Lake Mývatn, this camping site offers cottages with wooden floors, a private bathroom and a terrace. Krossdalur Golf Course is 500 metres away, and Reykjahlíd village is 1 km from the cottages. Very spacious and comfortable.

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9.3
Superb
109 reviews
Price from
US$314
per night

Situated in Myvatn and only 6.5 km from Myvatn Nature Baths, Slow Travel Mývatn - Þúfa - Private Homestay features accommodation with lake views, free WiFi and free private parking. The property has garden views. Outdoor seating is also available at the apartment. Clean and nice house. Nice location to Mivatten spring.

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9.2
Superb
96 reviews
Price from
US$168
per night

Featuring mountain views, Mývatn apartments provides accommodation with balcony, around 4.5 km from Myvatn Nature Baths. This property offers access to a terrace, free private parking and free WiFi. Each room has a patio with views of the garden. really everything : 2 bathrooms, outdoor patio with bbq, great beds, parking in front, isolated from road , close to things to see etc etc

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9.4
Superb
50 reviews
Price from
US$371
per night

This hotel is situated on Lake Myvatn, 3.3 km from Myvatn Nature Baths. A number of amenities including a bar and free WiFi are featured. Boasting a 24-hour front desk, this hotel also provides a restaurant. Everything! From hot tub to room and facilities and service. Gave us connecting rooms which are awesome!! We love the functionality and sleek design.

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8.9
Fabulous
2,048 reviews
Price from
US$170
per night

Offering a shared kitchen/lounge and mountain views, Skútustadir Guesthouse is set on a farm by the southern shore of Lake Mývatn. WiFi and parking are free.

The geothermally heated Mývatn Nature Baths are 18 km away. The surrounding area is popular for bird watching. Iceland’s premier whale watching location, Húsavík, is a 45-minute drive away. AMAZING!!! BEST PLACE IN ICELAND! The room is big and clean, the bathroom is also big and confortable. The kitchen is amazing and the views are really nice!! The breakfast is included like buffet and everything is really really good!! We would repeat!! Por cierto, tiene persianas!!!

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8.8
Fabulous
1,934 reviews
Price from
US$118
per night

Situated by Lake Mývatn, this guest house offers basic rooms with shared facilities. The Mývatn Nature Baths is a 10-minute drive away. Free parking is available on site and the Ring Road is only a 3-minute drive away. very clean. great kitchen. quiet. comfy beds.

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8.4
Very good
1,485 reviews
Price from
US$108
per night

Set on a farm next to Lake Mývatn, this guest house offers self-catering rooms and cottages with free WiFi and nature views. The geothermally heated Mývatn Nature Baths are a 10-minute drive away.

At Dimmuborgir Guesthouse, all rooms and cottages feature private bathroom facilities. Private full kitchen facilities are provided in the cottages, while guest rooms have access to a shared kitchen. The guys that were organizing the breakfast were great!

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8.4
Very good
1,809 reviews
Price from
US$148
per night

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