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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

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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.

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, 1,007 reviews
Price from
US$98.71
1 night, 2 adults

EIR Apartments by Heimaleiga

Reykjavík 101, Reykjavík

EIR Apartments by Heimaleiga features accommodation within 1.3 km of the centre of Reykjavík, with free WiFi, and a kitchen with a dishwasher, an oven and a fridge.

Scored out of 10, guest rating 9.8
Exceptional - What previous guests thought, 6 reviews
Price from
US$153.73
1 night, 2 adults

Efstaleiti 27

Reykjavík East, Reykjavík

Set in Reykjavík, 2.3 km from Nauthólsvík Geothermal Beach and 1.7 km from The Pearl, Efstaleiti 27 offers air conditioning.

Scored out of 10, guest rating 9.0
Superb - What previous guests thought, 8 reviews
Price from
US$312
1 night, 2 adults

Private room in a family home with great views

Reykjavík East, Reykjavík

Offering mountain views, Private room in a family home with great views is an accommodation located in Reykjavík, 4.4 km from Solfar Sun Voyager and 4.6 km from Hallgrímskirkja Church.

L
Letessier
From
Australia
Nancy was super friendly and gave us really good travels tips around Iceland ! Super super super clean impressive !
Scored out of 10, guest rating 9.0
Superb - What previous guests thought, 6 reviews
Price from
US$116.34
1 night, 2 adults

Hotel Aska

Hotel in Reykjavík East, Reykjavík

Situated in the Reykjavík East district in Reykjavík, Hotel Aska offers 3-star rooms with free WiFi.

Scored out of 10, guest rating 8.1
Very good - What previous guests thought, 1,939 reviews
Price from
US$118.98
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.

A
Alexandra
From
Germany
I don’t think you can find a better place in Reykjavik☺️ Not only is the location great, but the apartment is really cozy and has everything you need. The self-check is very simple, the place is spotless clean and quiet. Plus free parking on the street
Scored out of 10, guest rating 8.8
Fabulous - What previous guests thought, 1,451 reviews
Price from
US$128.39
1 night, 2 adults

Baron's Hostel

Reykjavík 101, Reykjavík

Baron's Hostel is well set in Reykjavík, and features a garden, free WiFi and a shared lounge.

S
Szalai
From
Hungary
There room was tidy and clean. Everything was as we expected!
Scored out of 10, guest rating 8.4
Very good - What previous guests thought, 3,782 reviews
Price from
US$155.06
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.

P
Popovic
From
Serbia
Excellent location, center of the center of everything. We stayed 4 nights and it was comfortable and practical. Host is super nice and very responsive to all requests and questions. Highly recommending.
Scored out of 10, guest rating 8.1
Very good - What previous guests thought, 1,127 reviews
Price from
US$81.79
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.

C
Cristina
From
Romania
We spent few days in the hostel and it was always clean with a well equipped kitchen. It’s also very well placed, 5 min walking to the church and the city center. The staff is very nice and helpful. It also has a free parking lot.
Scored out of 10, guest rating 8.0
Very good - What previous guests thought, 4,931 reviews
Price from
US$120.65
1 night, 2 adults

Refurinn Reykjavik Guesthouse

Vesturbær, Reykjavík

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.

S
Shauna
From
Australia
Amazing stay- very automated and everything well explained
Scored out of 10, guest rating 8.7
Fabulous - What previous guests thought, 1,148 reviews
Price from
US$163.05
1 night, 2 adults
All cheap hotels in Reykjavík

Top picks for Reykjavík hotels

Explore our most popular hotels in Reykjavík

Filter by:

Review score

Nordic Hostel

Reykjavík 101, Reykjavík

Nordic Hostel is well located in Reykjavík, and features 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, 1,007 reviews
Price from
US$98.71
1 night, 2 adults

EIR Apartments by Heimaleiga

Reykjavík 101, Reykjavík

EIR Apartments by Heimaleiga features accommodation within 1.3 km of the centre of Reykjavík, with free WiFi, and a kitchen with a dishwasher, an oven and a fridge.

Scored out of 10, guest rating 9.8
Exceptional - What previous guests thought, 6 reviews
Price from
US$153.73
1 night, 2 adults

Efstaleiti 27

Reykjavík East, Reykjavík

Set in Reykjavík, 2.3 km from Nauthólsvík Geothermal Beach and 1.7 km from The Pearl, Efstaleiti 27 offers air conditioning.

Scored out of 10, guest rating 9.0
Superb - What previous guests thought, 8 reviews
Price from
US$312
1 night, 2 adults

Private room in a family home with great views

Reykjavík East, Reykjavík

Offering mountain views, Private room in a family home with great views is an accommodation located in Reykjavík, 4.4 km from Solfar Sun Voyager and 4.6 km from Hallgrímskirkja Church.

L
Letessier
From
Australia
Nancy was super friendly and gave us really good travels tips around Iceland ! Super super super clean impressive !
Scored out of 10, guest rating 9.0
Superb - What previous guests thought, 6 reviews
Price from
US$116.34
1 night, 2 adults

Hotel Aska

Hotel in Reykjavík East, Reykjavík

Situated in the Reykjavík East district in Reykjavík, Hotel Aska offers 3-star rooms with free WiFi.

Scored out of 10, guest rating 8.1
Very good - What previous guests thought, 1,939 reviews
Price from
US$118.98
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.

A
Alexandra
From
Germany
I don’t think you can find a better place in Reykjavik☺️ Not only is the location great, but the apartment is really cozy and has everything you need. The self-check is very simple, the place is spotless clean and quiet. Plus free parking on the street
Scored out of 10, guest rating 8.8
Fabulous - What previous guests thought, 1,451 reviews
Price from
US$128.39
1 night, 2 adults

Baron's Hostel

Reykjavík 101, Reykjavík

Baron's Hostel is well set in Reykjavík, and features a garden, free WiFi and a shared lounge.

S
Szalai
From
Hungary
There room was tidy and clean. Everything was as we expected!
Scored out of 10, guest rating 8.4
Very good - What previous guests thought, 3,782 reviews
Price from
US$155.06
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.

P
Popovic
From
Serbia
Excellent location, center of the center of everything. We stayed 4 nights and it was comfortable and practical. Host is super nice and very responsive to all requests and questions. Highly recommending.
Scored out of 10, guest rating 8.1
Very good - What previous guests thought, 1,127 reviews
Price from
US$81.79
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.

C
Cristina
From
Romania
We spent few days in the hostel and it was always clean with a well equipped kitchen. It’s also very well placed, 5 min walking to the church and the city center. The staff is very nice and helpful. It also has a free parking lot.
Scored out of 10, guest rating 8.0
Very good - What previous guests thought, 4,931 reviews
Price from
US$120.65
1 night, 2 adults

Refurinn Reykjavik Guesthouse

Vesturbær, Reykjavík

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.

S
Shauna
From
Australia
Amazing stay- very automated and everything well explained
Scored out of 10, guest rating 8.7
Fabulous - What previous guests thought, 1,148 reviews
Price from
US$163.05
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

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Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.1
Very good - What previous guests thought, 2,590 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 9.1
Superb - What previous guests thought, 943 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.8
Fabulous - What previous guests thought, 1,451 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.6
Fabulous - What previous guests thought, 3,220 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.5
Very good - What previous guests thought, 3,356 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.0
Very good - What previous guests thought, 4,376 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.0
Very good - What previous guests thought, 4,931 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.1
Very good - What previous guests thought, 3,946 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 7.9
Good - What previous guests thought, 3,812 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.2
Very good - What previous guests thought, 6,869 reviews

Enjoy breakfast in Reykjavík and nearby

Scored out of 10, guest rating 9.1
Superb - What previous guests thought, 591 reviews

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

From US$245.12 per night
Scored out of 10, guest rating 9.0
Superb - What previous guests thought, 434 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$258.77 per night
Scored out of 10, guest rating 9.1
Superb - What previous guests thought, 943 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$293.39 per night
Scored out of 10, guest rating 8.3
Very good - What previous guests thought, 304 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$276.98 per night
Scored out of 10, guest rating 8.4
Very good - What previous guests thought, 1,336 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.

From US$213.74 per night
Scored out of 10, guest rating 8.1
Very good - What previous guests thought, 1,127 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$176.27 per night

Exeter Hotel

Reykjavík
Breakfast options
Scored out of 10, guest rating 8.8
Fabulous - What previous guests thought, 2,476 reviews

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

From US$223.28 per night

ALVA Apartments

Reykjavík
Breakfast options
Scored out of 10, guest rating 8.6
Fabulous - What previous guests thought, 759 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$247.96 per night

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

Scored out of 10, guest rating 7.8
Good - What previous guests thought, 189 reviews

Located in the centre of Reykjavík, City Guesthouse provides rooms with free WiFi.

From US$164.52 per night
Scored out of 10, guest rating 9.7
Exceptional - What previous guests thought, 12 reviews

Offering free WiFi and city views, Luxury Villa in Downtown Reykjavik is an accommodation set right in the centre of Reykjavík, just 1.2 km from Hallgrímskirkja Church and 1.3 km from Solfar Sun...

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.

From US$1,667.54 per night
Scored out of 10, guest rating 9.3
Superb - What previous guests thought, 25 reviews

Located in the centre of Reykjavík, Spacious Studio in Downtown Reykjavik provides accommodation with free WiFi in a historic building.

Scored out of 10, guest rating 9.2
Superb - What previous guests thought, 17 reviews

Located in the centre of Reykjavík, Amazing Design Apartment in Downtown Reykjavik provides accommodation with free WiFi in a historic building.

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.

From US$511.19 per night
Scored out of 10, guest rating 8.7
Fabulous - What previous guests thought, 1,458 reviews

Set within 700 metres of Hallgrímskirkja Church and 3.3 km of The Pearl in Reykjavík, Thingholt Hotel Apartments from Center Hotels offers accommodation with seating area.

From US$235.27 per night
Scored out of 10, guest rating 8.4
Very good - What previous guests thought, 1,733 reviews

Loft is located in the heart of downtown Reykjavík, with fun and exciting events happening just an arm’s length away.

From US$133.85 per night

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

Scored out of 10, guest rating 9.2
Superb - What previous guests thought, 605 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$312.59 per night
Scored out of 10, guest rating 8.7
Fabulous - What previous guests thought, 768 reviews

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

From US$175.33 per night
Scored out of 10, guest rating 8.7
Fabulous - What previous guests thought, 3 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.

From US$451.26 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$475.76 per night
Scored out of 10, guest rating 8.7
Fabulous - What previous guests thought, 1,148 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$111.64 per night
Scored out of 10, guest rating 9.0
Superb - What previous guests thought, 493 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$251.06 per night
Scored out of 10, guest rating 8.6
Fabulous - What previous guests thought, 3,220 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$199.76 per night
Scored out of 10, guest rating 8.4
Very good - What previous guests thought, 1,302 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$217.99 per night

FAQ about cheap hotels in Reykjavík

Cheap hotels that guests love in Reykjavík

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Avg. price/night: US$226.22
Scored out of 10, guest rating 8.7
Fabulous - What previous guests thought, 938 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$110.46
Scored out of 10, guest rating 8.0
Very good - What previous guests thought, 2,202 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
Avg. price/night: US$108.36
Scored out of 10, guest rating 8.1
Very good - What previous guests thought, 3,946 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