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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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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
Natalia
From
Moldova
24-hour desk is great to have; the host was so helpful in getting us checked in and showing where's what. Being tired and sleep-deprived after a long travel, and arriving in the middle of the night, it sure was welcome. All the facilities are clean and well planned out. The bed is very comfortable. The whole place is very clean and feels very safe. I would definitely recommend for a solo female traveler.
Scored out of 10, guest rating 9.0
Superb - What previous guests thought, 1,035 reviews
Price from
US$117.07
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.

G
Germante
From
Lithuania
The hostel was amazing. Everything is newly furnished, neat, clean. The location of the hostel is very good - close to all the main bus stops, as well as the airport bus station, and the city center can be reached in a few minutes. The staff is incredible. Best wishes from Lithuania to Federiko and my friend Moxy bear! :D
Scored out of 10, guest rating 9.3
Superb - What previous guests thought, 917 reviews
Price from
US$109.18
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.

I
IshikaRaj
From
India
Spacious rooms, good kitchen and easily accessible from the city.
Scored out of 10, guest rating 8.8
Fabulous - What previous guests thought, 1,376 reviews
Price from
US$126.10
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.

M
Morales
From
Ireland
location size of the room clean room
Scored out of 10, guest rating 8.0
Very good - What previous guests thought, 1,153 reviews
Price from
US$121.19
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.

R
Roubalová
From
Czech Republic
The best hostel in the world. I miss the people on the front desk and possibility of breakfast though :(
Scored out of 10, guest rating 8.0
Very good - What previous guests thought, 5,047 reviews
Price from
US$123.83
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.

c
cheung
From
Hong Kong
Easy access to supermarket, restaurant, and gas station. very important for traveling with family.
Scored out of 10, guest rating 8.7
Fabulous - What previous guests thought, 2,602 reviews
Price from
US$131.82
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.

R
Rachel
From
United Kingdom
Very clean and spacious. Great location for a base for where we were visiting. Perfect for what we wanted and a Bonus across the road for supplies.
Scored out of 10, guest rating 8.7
Fabulous - What previous guests thought, 1,766 reviews
Price from
US$138.84
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, 4,514 reviews
Price from
US$125.81
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.

A
Ashfaq Attar
From
Kuwait
Fantastic place to stay for solo person … great value of money
Scored out of 10, guest rating 8.1
Very good - What previous guests thought, 3,796 reviews
Price from
US$129.96
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.

S
SAADA
From
Oman
Easy to get there plus the staff very helpful special thanks to Larissa. She was very helpful and supportive
Scored out of 10, guest rating 8.4
Very good - What previous guests thought, 1,719 reviews
Price from
US$190.48
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 8.9
Fabulous - What previous guests thought, 3,083 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, 2,588 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, 3,372 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.8
Fabulous - What previous guests thought, 1,377 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.1
Very good - What previous guests thought, 3,796 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 7.9
Good - What previous guests thought, 3,763 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.0
Very good - What previous guests thought, 4,514 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.2
Very good - What previous guests thought, 6,830 reviews

Enjoy breakfast in Reykjavík and nearby

Scored out of 10, guest rating 9.2
Superb - What previous guests thought, 553 reviews

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

From US$292.83 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$366.04 per night
Scored out of 10, guest rating 9.1
Superb - What previous guests thought, 858 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$311.68 per night
Scored out of 10, guest rating 8.9
Fabulous - What previous guests thought, 2,741 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$162.17 per night

Exeter Hotel

Reykjavík
Breakfast options
Scored out of 10, guest rating 8.7
Fabulous - What previous guests thought, 2,717 reviews

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

From US$199.68 per night

ALVA Apartments

Reykjavík
Breakfast options
Scored out of 10, guest rating 8.6
Fabulous - What previous guests thought, 725 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.

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$243.48 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$222.91 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, 296 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$300.50 per night
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$168.84 per night
Scored out of 10, guest rating 8.4
Very good - What previous guests thought, 1,719 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$190.48 per night
Scored out of 10, guest rating 9.2
Superb - What previous guests thought, 602 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$328.95 per night
Scored out of 10, guest rating 8.7
Fabulous - What previous guests thought, 782 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 8.1
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$356.42 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$181.79 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$243.54 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$212.37 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$437.44 per night
Scored out of 10, guest rating 9.1
Superb - What previous guests thought, 340 reviews

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

From US$208.33 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$147.16 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$432.83 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 8.3
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$214.10 per night
Scored out of 10, guest rating 8.8
Fabulous - What previous guests thought, 359 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$311.63 per night

FAQ about cheap hotels in Reykjavík

Cheap hotels that guests love in Reykjavík

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Avg. price/night: US$180.63
Scored out of 10, guest rating 8.7
Fabulous - What previous guests thought, 907 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$110.53
Scored out of 10, guest rating 8.1
Very good - What previous guests thought, 3,796 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