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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.

I
Ioana
From
Germany
The service was exceptional! We felt very welcome, facilities were clean, rooms were very warm and there was free coffee and tea (though we understand that's temporary)
Scored out of 10, guest rating 9.0
Superb - What previous guests thought, 1,119 reviews
Price from
US$116.71
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.

N
Nadia Hijawi
From
Cyprus
Excellent and fresh breakfast! The hostsess was very friendly and have us lots of advice for our stay!
Scored out of 10, guest rating 9.0
Superb - What previous guests thought, 1,379 reviews
Price from
US$237.93
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.

From
Denmark
I had a fantastic stay at this hostel! The rooms were clean and well-maintained, with all the amenities you could need. The beds were incredibly comfortable with privacy, and the staff was friendly and always ready to help, making me feel right at home. The location was also super convenient, close to city center and public transport. Highly recommend this place to anyone visiting the area!
Scored out of 10, guest rating 9.3
Superb - What previous guests thought, 959 reviews
Price from
US$96.81
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, 167 reviews
Price from
US$245.48
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.

H
Helen
From
Australia
New modern apartment. Very comfortable. Easy to find. 2 grocery stores near by- slightly better one down the hill(Netto). Apartment well equiped. Nespresso machine a bonus!
Scored out of 10, guest rating 9.5
Exceptional - What previous guests thought, 132 reviews
Price from
US$282.04
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.

M
MartinNi1
From
Bulgaria
A nice modern apartment not far from the city centre. We had a great stay and didn't miss anything in the apt. Check in/out couldn't be easier which we really appreciated. We had no problems with parking around the building during our stay.
Scored out of 10, guest rating 9.5
Exceptional - What previous guests thought, 100 reviews
Price from
US$661.57
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.

V
VB
From
Denmark
Excellent apartment! Good location, Bonus and Netto supermaket at 2 min walk, free parking in front of the buliding. Very clean and warm apartment, modern with all the necesary things, well equippped kitchen. I have received, from the host, clear instruction before arriving. The apartment looks exactly like pictures or even better. 🤩 Hope to come back next year.
Scored out of 10, guest rating 9.2
Superb - What previous guests thought, 140 reviews
Price from
US$229.81
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.

E
Emily H
From
Switzerland
1. It was super clean! 2. Owner was very responsive on Booking.com and the instruments on how to enter the building and apartment was well explained 3. Comfy mattresses: I was not well on the first night so was very grateful for a good night’s rest 4. Newly renovated/ built 5. Parking is right by the building entrance! 6. Well-equipped kitchen with quality tea (Pukka) and a Nespresso machine 7. 5 minutes walk to Reykjavik Kitchen 8. 7 minutes walk to the Storm Hotel where we were picked up for the Northern Lights tour
Scored out of 10, guest rating 9.6
Exceptional - What previous guests thought, 184 reviews
Price from
US$302.93
1 night, 2 adults

Lundur Apartments - Down Town

Reykjavík 101, Reykjavík

Ideally set right in the centre of Reykjavík, Lundur Apartments - Down Town is a recently renovated apartment, featuring free WiFi and private parking.

K
Kongjing
From
Belgium
The apartment is very clean and very comfortable. The kitchen is well equipped with quality utensils.
Scored out of 10, guest rating 9.0
Superb - What previous guests thought, 134 reviews
Price from
US$479.46
1 night, 2 adults

Center Apartments - Esja

Reykjavík East, Reykjavík

2.8 km from Nauthólsvík Geothermal Beach, Center Apartments - Esja is situated in Reykjavík and features air-conditioned rooms with free WiFi. Guests staying at this apartment have access to a...

l
luis
From
Portugal
It's a very Nice appartment
Scored out of 10, guest rating 9.0
Superb - What previous guests thought, 253 reviews
Price from
US$324.98
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, 2,765 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.5
Very good - What previous guests thought, 2,721 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.0
Very good - What previous guests thought, 5,014 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.6
Fabulous - What previous guests thought, 3,215 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.1
Very good - What previous guests thought, 3,876 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.5
Very good - What previous guests thought, 3,347 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.8
Fabulous - What previous guests thought, 1,424 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 7.9
Good - What previous guests thought, 3,800 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.0
Very good - What previous guests thought, 4,453 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.2
Very good - What previous guests thought, 6,823 reviews

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, 445 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$253.51 per night
Scored out of 10, guest rating 9.5
Exceptional - What previous guests thought, 34 reviews

Situated less than 1 km from Solfar Sun Voyager and a 12-minute walk from Hallgrímskirkja Church in the centre of Reykjavík, Cozy Lux 2BR & 2BA City Center with Free Parking features accommodation...

Scored out of 10, guest rating 8.7
Fabulous - What previous guests thought, 1,477 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$224.24 per night
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...

From US$148.42 per night
Scored out of 10, guest rating 8.4
Very good - What previous guests thought, 1,354 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$284.39 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$193.29 per night
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$352.84 per night
Scored out of 10, guest rating 8.9
Fabulous - What previous guests thought, 2,765 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$152.63 per night

Enjoy breakfast in Reykjavík and nearby

Scored out of 10, guest rating 8.1
Very good - What previous guests thought, 1,135 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$191.51 per night

Exeter Hotel

Reykjavík
Breakfast options
Scored out of 10, guest rating 8.8
Fabulous - What previous guests thought, 2,586 reviews

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

From US$204.27 per night

ALVA Apartments

Reykjavík
Breakfast options
Scored out of 10, guest rating 8.6
Fabulous - What previous guests thought, 742 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$293.64 per night
Scored out of 10, guest rating 8.9
Fabulous - What previous guests thought, 510 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$304.07 per night
Scored out of 10, guest rating 8.6
Fabulous - What previous guests thought, 3,215 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$250.32 per night

Hotel Ódinsvé

Reykjavík
Breakfast options
Scored out of 10, guest rating 8.3
Very good - What previous guests thought, 1,312 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$215.30 per night
Scored out of 10, guest rating 8.0
Very good - What previous guests thought, 2,211 reviews

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

From US$105.62 per night
Scored out of 10, guest rating 8.0
Very good - What previous guests thought, 556 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.

From US$197.31 per night

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

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

Ranargata Three Bedrooms Apartments 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$441.45 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.

Scored out of 10, guest rating 8.6
Fabulous - What previous guests thought, 1,152 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$182.51 per night
Scored out of 10, guest rating 8.3
Very good - What previous guests thought, 2,462 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$196.15 per night
Scored out of 10, guest rating 7.9
Good - What previous guests thought, 1,235 reviews

Just off the Laugavegur shopping street, Grettir Guesthouse Downtown Charm features self-service check-in. This property is a 5-minute walk from Hallgrimskirkja Church. Free WiFi is available.

From US$119.55 per night
Scored out of 10, guest rating 8.2
Very good - What previous guests thought, 83 reviews

In the Reykjavík 101 district of Reykjavík, close to Hallgrímskirkja Church, Freyjugata Apartments by Heimaleiga features a terrace and a washing machine.

From US$226.33 per night
Scored out of 10, guest rating 8.5
Very good - What previous guests thought, 2,721 reviews

All units at The Swan House by Heimaleiga feature a flat-screen TV, wooden floors and minimalist-style decor.

From US$229.92 per night
Scored out of 10, guest rating 8.5
Very good - What previous guests thought, 1,569 reviews

Set in a building dating back to 1916, this Reykjavík guest house is within 5 minutes’ walk of the popular Laugavegur shopping street. Both WiFi and private, on-site parking are free.

From US$162.34 per night

FAQ about cheap hotels in Reykjavík

Cheap hotels that guests love in Reykjavík

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Avg. price/night: US$185.82
Scored out of 10, guest rating 8.7
Fabulous - What previous guests thought, 923 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$105.62
Scored out of 10, guest rating 8.0
Very good - What previous guests thought, 2,211 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$112.85
Scored out of 10, guest rating 8.1
Very good - What previous guests thought, 3,876 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