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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.

E
Elena
From
Spain
Everything’s is perfect! You need to know where you are going to, is a hostel, shared bathrooms and only a bed. Not much space for moving around in the hub. But if you are aware of this, you have to know this place is excellent! Bed is super comfortable and big! Extremely clean and nice sheets. Bathrooms are big, clean, spacious, there is never waiting for a shower. Everything is very modern. The staff is extremely friendly. The lobby is also great! There a self service bar where you can even bring your own food and drinks and eat there. I would definitely return!
Scored out of 10, guest rating 9.0
Superb - What previous guests thought, 1,089 reviews
Price from
US$114.61
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.

H
Huiting
From
China
I had a very pleasant four-day stay here. It is newly-opened, clean and comfortable, with a modern design and great attention to detail. The manager, Federico, was very friendly and gave me excellent recommendations for local dining and activities. I would especially like to thank Gabriela, the reception girl. She helped me out of an unpleasant thing, very warm, cheerful and chatty. She is definitely one of the reasons that I will choose to stay at Nordic Hostel again. Additionally, the bed is very comfortable and come with blackout curtains, ensuring a great night’s sleep. The kitchen is also very clean and well-equipped with all the necessary utensils and cookware. Highly recommend!
Scored out of 10, guest rating 9.3
Superb - What previous guests thought, 943 reviews
Price from
US$92.02
1 night, 2 adults

Day Dream L23 Guesthouse

Reykjavík 101, Reykjavík

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.

E
Elvar Orn
From
Greenland
very positive people that run this business
Scored out of 10, guest rating 8.0
Very good - What previous guests thought, 543 reviews
Price from
US$127.35
1 night, 2 adults

cozy apartment

Reykjavík East, Reykjavík

Cozy apartment is situated in Reykjavík, less than 1 km from Hallgrímskirkja Church, 2.1 km from The Pearl, as well as 200 metres from Laugavegur Shopping Street.

F
Felix
From
Germany
Small basic but cute appartment with everything I needed. Supermarket and nice restaurants in walking distance and very clean.
Scored out of 10, guest rating 8.4
Very good - What previous guests thought, 16 reviews
Price from
US$184.13
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 8.9
Fabulous - What previous guests thought, 6 reviews
Price from
US$114.82
1 night, 2 adults

Hostel Fjordur

Hafnarfjördur (Near Reykjavík)

Set in Hafnarfjördur, within 9.3 km of The Pearl and 11 km of Hallgrímskirkja Church, Hostel Fjordur offers accommodation with a shared lounge and free WiFi throughout the property as well as free...

L
Lidia
From
Spain
Great location in a quiet neighborhood, all shared facilities were very good and very clean. The bed was very comfortable and the room was a good size. It’s a very good spot if your plane arrives very late at night as you are given a code to enter at any time.
Scored out of 10, guest rating 8.4
Very good - What previous guests thought, 304 reviews
Price from
US$158.45
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, 3,807 reviews

Charming and Renovated Apartment in Reykjavík City Centre

Vesturbær, Reykjavík

Charming and Renovated Apartment in Reykjavík City Centre is located in the Vesturbær district of Reykjavík, 2.6 km from Hallgrímskirkja Church, 3.8 km from The Pearl and 800 metres from Reykjavik Old...

S
SOLEDAD
From
Spain
The apartment was very nice. It was very easy to arrival with very clear instructions. Located about 25-minutes walk from the city center. There are two supermarkets within 5-minute walk. They allowed us to check in early and were very kind.
Scored out of 10, guest rating 8.8
Fabulous - What previous guests thought, 10 reviews

Cozy Studio Apartment in the Heart of Reykjavík

Reykjavík 101, Reykjavík

Situated in Reykjavík, less than 1 km from Solfar Sun Voyager and 2.5 km from The Pearl, Cozy Studio Apartment in the Heart of Reykjavík provides accommodation with amenities such as free WiFi and a...

B
Barry
From
Ireland
Very comfortable and warm apartment in a great location
Scored out of 10, guest rating 8.0
Very good - What previous guests thought, 54 reviews

Main street X-small, ensuite bathroom and own kitchen

Reykjavík 101, Reykjavík

Set in the centre of Reykjavík, 3 km from Nauthólsvík Geothermal Beach, the historic Main street X-small, ensuite bathroom and own kitchen offers accommodation with free WiFi and a garden.

A
Ariadna
From
Spain
Perfect location, with all of facilities you need included and the host was very kind and available in case you need help :)
Scored out of 10, guest rating 7.3
Good - What previous guests thought, 60 reviews
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, 2,731 reviews

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Scored out of 10, guest rating 8.5
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Scored out of 10, guest rating 8.0
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Scored out of 10, guest rating 8.5
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Scored out of 10, guest rating 8.6
Fabulous - What previous guests thought, 3,211 reviews

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Scored out of 10, guest rating 8.1
Very good - What previous guests thought, 3,841 reviews

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Scored out of 10, guest rating 7.9
Good - What previous guests thought, 3,786 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.0
Very good - What previous guests thought, 4,486 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.8
Fabulous - What previous guests thought, 1,404 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.2
Very good - What previous guests thought, 6,813 reviews

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

Scored out of 10, guest rating 9.1
Superb - What previous guests thought, 561 reviews

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

From US$249.33 per night
Scored out of 10, guest rating 9.0
Superb - What previous guests thought, 455 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$265.88 per night
Scored out of 10, guest rating 9.1
Superb - What previous guests thought, 884 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$290.34 per night
Scored out of 10, guest rating 8.3
Very good - What previous guests thought, 297 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$317.73 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$158.99 per night
Scored out of 10, guest rating 8.4
Very good - What previous guests thought, 1,722 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$220.15 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$363.60 per night
Scored out of 10, guest rating 8.6
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.

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

Scored out of 10, guest rating 8.4
Very good - What previous guests thought, 1,366 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$290.41 per night
Scored out of 10, guest rating 8.9
Fabulous - What previous guests thought, 2,731 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$152.51 per night
Scored out of 10, guest rating 8.1
Very good - What previous guests thought, 266 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$398.51 per night
Scored out of 10, guest rating 9.8
Exceptional - What previous guests thought, 5 reviews

In the Reykjavík 101 district of Reykjavík, close to Hallgrímskirkja Church, Vesturgata - One Bedroom Apartment Near Harbour features free WiFi and a washing machine.

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.

Scored out of 10, guest rating 8.1
Very good - What previous guests thought, 1,149 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$191.37 per night

Exeter Hotel

Reykjavík
Central location
Scored out of 10, guest rating 8.8
Fabulous - What previous guests thought, 2,648 reviews

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

From US$191.37 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$449.60 per night

Enjoy breakfast in Reykjavík and nearby

Scored out of 10, guest rating 8.9
Fabulous - What previous guests thought, 514 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$294.88 per night
Scored out of 10, guest rating 8.6
Fabulous - What previous guests thought, 3,211 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$240.91 per night

Hotel Ódinsvé

Reykjavík
Breakfast options
Scored out of 10, guest rating 8.3
Very good - What previous guests thought, 1,318 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$215.14 per night
Scored out of 10, guest rating 8.8
Fabulous - What previous guests thought, 2,023 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$266.75 per night
Scored out of 10, guest rating 8.0
Very good - What previous guests thought, 543 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$207.60 per night
Scored out of 10, guest rating 8.6
Fabulous - What previous guests thought, 1,624 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.

From US$173.97 per night
Scored out of 10, guest rating 8.7
Fabulous - What previous guests thought, 1,442 reviews

Located on Laugavegur shopping street in central Reykjavik, this hotel offers rooms with a flat-screen TV and free WiFi access. Hallgrimskirkja Church is a 5-minute walk away.

From US$245.52 per night
Scored out of 10, guest rating 8.6
Fabulous - What previous guests thought, 3,029 reviews

Situated in Reykjavík and with Nauthólsvík Geothermal Beach reachable within 2.8 km, Center Hotels Laugavegur features concierge services, non-smoking rooms, a restaurant, free WiFi throughout the...

From US$247.81 per night

FAQ about cheap hotels in Reykjavík

Cheap hotels that guests love in Reykjavík

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Avg. price/night: US$185.68
Scored out of 10, guest rating 8.7
Fabulous - What previous guests thought, 913 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$122.74
Scored out of 10, guest rating 8.1
Very good - What previous guests thought, 3,841 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