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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.

L
Liisi
From
Estonia
My stay was super nice because of the cleanliness of the room and facilities. I liked that the toilets and showers were separated, it's very practical.
Scored out of 10, guest rating 9.0
Superb - What previous guests thought, 1,062 reviews
Price from
US$117.38
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.

A
Anniina
From
Finland
Very good breakfast and sweet room!
Scored out of 10, guest rating 9.0
Superb - What previous guests thought, 1,365 reviews
Price from
US$237.24
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.

D
Dylan
From
Ireland
Greats space, centrally located, wonderful people who work there. Can’t wait to return.
Scored out of 10, guest rating 9.3
Superb - What previous guests thought, 928 reviews
Price from
US$92.16
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, 163 reviews
Price from
US$244.76
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.

K
Kristina
From
Croatia
The apartment was easy to find and there was free parking in front. The rooms were clean and there were all the amenities needed for our stay. There is a Bonus right around the corner, which made shopping for food easier. The host was wonderful, we wanted to watch some local TV station and in 5 minutes he was there to show them to us. Perfect location to go on a walk to the city, but also to for going on adventures outside of Reykjavik.
Scored out of 10, guest rating 9.5
Exceptional - What previous guests thought, 130 reviews
Price from
US$291.63
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.

K
King Shung
From
Singapore
Seamless check-in process, clean and spacious apartment with a fully equipped kitchen and close proximity to the city centre. We would certainly stay here again should we return to Reykjavik!
Scored out of 10, guest rating 9.2
Superb - What previous guests thought, 138 reviews
Price from
US$239.55
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.

Z
Zoë
From
Ireland
I loved the space and having the freedom to cook dinner after a long day of exploring. The apartment was spotless and had everything we needed. Would recommend this place to anyone staying in Iceland.
Scored out of 10, guest rating 9.6
Exceptional - What previous guests thought, 182 reviews
Price from
US$312.46
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.

G
GiuliaFnn
From
Italy
The apartment is huge, beautifully furnished, fully equipped and in the pedestrian area. The private parking is really useful. We would definitely book again
Scored out of 10, guest rating 9.0
Superb - What previous guests thought, 134 reviews
Price from
US$478.06
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$324.03
1 night, 2 adults

Center apartments - Hekla

Reykjavík East, Reykjavík

Situated in Reykjavík, 2.8 km from Nauthólsvík Geothermal Beach and 1.4 km from Solfar Sun Voyager, Center apartments - Hekla features air-conditioned accommodation with a balcony and free WiFi.

C
Charlene
From
Malta
Apartment fully equipped with everything. Host very responsive to messages. Easy check in and check out. Host let us check out later at own will. Modern and nice apartment
Scored out of 10, guest rating 9.2
Superb - What previous guests thought, 157 reviews
Price from
US$291.63
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 8.5
Very good - What previous guests thought, 2,668 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.9
Fabulous - What previous guests thought, 2,736 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.0
Very good - What previous guests thought, 5,032 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.5
Very good - What previous guests thought, 3,378 reviews

Popular with guests booking cheap hotels in Reykjavík

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

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.1
Very good - What previous guests thought, 3,815 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 7.9
Good - What previous guests thought, 3,758 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.8
Fabulous - What previous guests thought, 1,394 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.0
Very good - What previous guests thought, 4,499 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.2
Very good - What previous guests thought, 6,806 reviews

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, 554 reviews

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

From US$249.80 per night
Scored out of 10, guest rating 9.0
Superb - What previous guests thought, 458 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$303.53 per night
Scored out of 10, guest rating 9.1
Superb - What previous guests thought, 867 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$350.17 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$158.64 per night
Scored out of 10, guest rating 8.4
Very good - What previous guests thought, 1,376 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$262.51 per night
Scored out of 10, guest rating 8.4
Very good - What previous guests thought, 1,717 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$189.85 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$351.80 per night
Scored out of 10, guest rating 8.9
Fabulous - What previous guests thought, 2,736 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$167.80 per night

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

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$499.01 per night
Scored out of 10, guest rating 8.8
Fabulous - What previous guests thought, 2,681 reviews

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

From US$254.59 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$536.10 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$208.88 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$147.55 per night
Scored out of 10, guest rating 8.9
Fabulous - What previous guests thought, 513 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$297.78 per night
Scored out of 10, guest rating 9.1
Superb - What previous guests thought, 135 reviews

Set in the centre of Reykjavík, just 500 metres from Hallgrímskirkja Church and less than 1 km from Solfar Sun Voyager, Perfect Apartment in the Heart of Reykjavík offers accommodation with city views...

From US$265.65 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$243.45 per night

Enjoy breakfast in Reykjavík and nearby

Hotel Ódinsvé

Reykjavík
Breakfast options
Scored out of 10, guest rating 8.3
Very good - What previous guests thought, 1,309 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$214.67 per night
Scored out of 10, guest rating 8.8
Fabulous - What previous guests thought, 2,040 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$266.17 per night
Scored out of 10, guest rating 8.6
Fabulous - What previous guests thought, 1,632 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$190.95 per night
Scored out of 10, guest rating 8.7
Fabulous - What previous guests thought, 1,444 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$213.52 per night

Hotel Vera

Reykjavík
Breakfast options
Scored out of 10, guest rating 8.2
Very good - What previous guests thought, 1,356 reviews

Ideally set in the Reykjavík 101 district of Reykjavík, Hotel Vera is situated 500 metres from Hallgrímskirkja Church, 600 metres from Solfar Sun Voyager and 2.5 km from The Pearl.

From US$193.26 per night
Scored out of 10, guest rating 8.6
Fabulous - What previous guests thought, 3,020 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$219.82 per night
Scored out of 10, guest rating 8.6
Fabulous - What previous guests thought, 969 reviews

Located only 350 metres from restaurant and shopping along Laugavegur shopping street, this offers stylish rooms in central Reykjavik.

From US$265.11 per night

Hotel Klettur

Reykjavík
Breakfast options
Scored out of 10, guest rating 8.2
Very good - What previous guests thought, 1,221 reviews

Hotel Klettur is 500 metres to the main shopping area of Laugavegur street. It offers modern guest rooms with free WiFi and a flat-screen satellite TV.

From US$188.63 per night

FAQ about cheap hotels in Reykjavík

Cheap hotels that guests love in Reykjavík

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Avg. price/night: US$165.49
Scored out of 10, guest rating 8.7
Fabulous - What previous guests thought, 908 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$107.47
Scored out of 10, guest rating 8.1
Very good - What previous guests thought, 3,815 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