The 10 best cheap hotels in Reykjavík, Iceland | Booking.com
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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.

B
Beth
From
New Zealand
Absolutely wonderful, will definitely come back and highly recommend to friends and family
Scored out of 10, guest rating 9.0
Superb - What previous guests thought, 984 reviews
Price from
US$119.91
1 night, 2 adults

Nordic Hostel

Reykjavík 101, Reykjavík

Nordic Hostel is well located in the centre of Reykjavík, and provides a shared lounge, free WiFi and a bar.

L
Lee
From
Luxembourg
VERY large lockers underneath the bed: my large suitcase, small suitcase, backpack and totebag all fit, it was a dream!! Loved the hooks, light and privacy curtain on the beds – and you can sit upright in your bed compartment, which is great. Clean kitchen. Clean bathrooms that come with soap, desinfecting gel and 2-in-1 shower gel/shampoo. Pretty lounge area. Good location and very quiet hostel.
Scored out of 10, guest rating 9.3
Superb - What previous guests thought, 891 reviews
Price from
US$133.19
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...

S
Shin
From
France
Very cosy and comfy stay in Lara's Studio. Easy to get to town by public transport. We particularly loved the staff putting out complimentary snacks and drinks. Very thoughtful, and much-appreciated when reaching late. The staff also allowed us to borrow and then keep a book on Norse mythology, which was super cool !
Scored out of 10, guest rating 9.5
Exceptional - What previous guests thought, 157 reviews
Price from
US$245.85
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.

D
David
From
Spain
This is a very confortable apartment, close to the city center, but in a very quiet zone. The apartment is big enought, has 2 good rooms with large beds, and is very well equipped. Highly recommended
Scored out of 10, guest rating 9.6
Exceptional - What previous guests thought, 127 reviews
Price from
US$397.54
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 9.4
Superb - What previous guests thought, 135 reviews
Price from
US$502.16
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.

J
Joana
From
Portugal
Very confortable and cozy apartment, with everything we needed for a nice stay in Reykjavik. Two nice and confortable bedroom and nicely equipped kitchen. Free and nice parking outside in front of the building. We totally recomend this place!
Scored out of 10, guest rating 9.6
Exceptional - What previous guests thought, 181 reviews
Price from
US$397.54
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.

E
Elena
From
Germany
Very nice, clean and comfortable apartments with modern design and a lot of space for a big family. There is everything that travelers need in the apartments. Great location on a street with many shops and restaurants. There is a very good caffe for breakfast and lunch just on the opposite side of the street. Highly recommend the apartments.
Scored out of 10, guest rating 9.1
Superb - What previous guests thought, 130 reviews
Price from
US$480.19
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...

C
Cronje
From
Netherlands
Great location, free parking as well
Scored out of 10, guest rating 9.0
Superb - What previous guests thought, 250 reviews
Price from
US$325.47
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.

U
Ulrika
From
Australia
The apartment was really well equipped, very clean and practical and easily slept 4
Scored out of 10, guest rating 9.2
Superb - What previous guests thought, 153 reviews
Price from
US$292.92
1 night, 2 adults

B 18-20 Apartments

Reykjavík East, Reykjavík

Offering city views, B 18-20 Apartments is set in the Reykjavík East district of Reykjavík, 2.8 km from Nauthólsvík Geothermal Beach and 1.4 km from Solfar Sun Voyager.

E
Edward
From
Ireland
Great location. Short walk into middle of city. Quiet location and a nice bar and restaurant across from building.
Scored out of 10, guest rating 9.1
Superb - What previous guests thought, 319 reviews
Price from
US$291.88
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

See all
  • Popular with guests booking cheap hotels in Reykjavík

    Scored out of 10, guest rating 8.3
    Very good - What previous guests thought, 1,981 reviews
  • Popular with guests booking cheap hotels in Reykjavík

    Scored out of 10, guest rating 8.5
    Very good - What previous guests thought, 3,425 reviews
  • Popular with guests booking cheap hotels in Reykjavík

    Scored out of 10, guest rating 8.0
    Very good - What previous guests thought, 2,574 reviews
  • Popular with guests booking cheap hotels in Reykjavík

    Scored out of 10, guest rating 8.4
    Very good - What previous guests thought, 4,416 reviews
  • Popular with guests booking cheap hotels in Reykjavík

    Scored out of 10, guest rating 8.4
    Very good - What previous guests thought, 3,827 reviews
  • Popular with guests booking cheap hotels in Reykjavík

    Scored out of 10, guest rating 8.0
    Very good - What previous guests thought, 5,049 reviews
  • Popular with guests booking cheap hotels in Reykjavík

    Scored out of 10, guest rating 8.1
    Very good - What previous guests thought, 3,713 reviews
  • Popular with guests booking cheap hotels in Reykjavík

    Scored out of 10, guest rating 8.0
    Very good - What previous guests thought, 4,552 reviews
  • Popular with guests booking cheap hotels in Reykjavík

    Scored out of 10, guest rating 8.2
    Very good - What previous guests thought, 6,883 reviews
  • Popular with guests booking cheap hotels in Reykjavík

    Scored out of 10, guest rating 7.9
    Good - What previous guests thought, 3,775 reviews

Enjoy breakfast in Reykjavík and nearby

  • Scored out of 10, guest rating 9.0
    Superb - What previous guests thought, 471 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$374.63 per night
  • Scored out of 10, guest rating 9.1
    Superb - What previous guests thought, 829 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$349.70 per night
  • Scored out of 10, guest rating 8.9
    Fabulous - What previous guests thought, 2,748 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$265.06 per night
  • Exeter Hotel

    Reykjavík
    Breakfast options
    Scored out of 10, guest rating 8.7
    Fabulous - What previous guests thought, 2,769 reviews

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

    From US$267.35 per night
  • Scored out of 10, guest rating 8.8
    Fabulous - What previous guests thought, 524 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$338.86 per night
  • Scored out of 10, guest rating 8.6
    Fabulous - What previous guests thought, 3,213 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$300.02 per night
  • Hotel Ódinsvé

    Reykjavík
    Breakfast options
    Scored out of 10, guest rating 8.3
    Very good - What previous guests thought, 1,300 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$251.66 per night
  • Hotel Frón

    Reykjavík
    Breakfast options
    Scored out of 10, guest rating 8.3
    Very good - What previous guests thought, 2,476 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$232.48 per night

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

  • 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$302.63 per night
  • Scored out of 10, guest rating 8.4
    Very good - What previous guests thought, 1,716 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$237.36 per night
  • Scored out of 10, guest rating 9.3
    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$397.54 per night
  • Scored out of 10, guest rating 8.7
    Fabulous - What previous guests thought, 787 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$183.51 per night
  • Scored out of 10, guest rating 8.0
    Very good - What previous guests thought, 273 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$304.55 per night
  • Scored out of 10, guest rating 8.8
    Fabulous - What previous guests thought, 5 reviews

    Situated in Reykjavík, 1.3 km from Hallgrímskirkja Church, Ranargata Apartments by Heimaleiga features rooms with city views and free WiFi.

    From US$293.91 per night
  • Scored out of 10, guest rating 8.6
    Fabulous - What previous guests thought, 1,147 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$148.21 per night
  • Scored out of 10, guest rating 7.9
    Good - What previous guests thought, 27 reviews

    In the Reykjavík 101 district of Reykjavík, close to Solfar Sun Voyager, Best location Downtown Reykjavik - Bergstaðastræti 33 has free WiFi and a washing machine.

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

  • Scored out of 10, guest rating 8.8
    Fabulous - What previous guests thought, 351 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$345.23 per night
  • Scored out of 10, guest rating 7.9
    Good - What previous guests thought, 1,238 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$168.36 per night
  • Scored out of 10, guest rating 8.5
    Very good - What previous guests thought, 2,627 reviews

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

    From US$275.31 per night
  • Scored out of 10, guest rating 8.4
    Very good - What previous guests thought, 75 reviews

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

  • Scored out of 10, guest rating 8.4
    Very good - What previous guests thought, 1,598 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$209.03 per night
  • Scored out of 10, guest rating 8.9
    Fabulous - What previous guests thought, 7 reviews

    Your Icelandic home in Reykjavik features a balcony and is set in Reykjavík, within just 1.8 km of Hallgrímskirkja Church and less than 1 km of Reykjavik Old Harbour.

  • Scored out of 10, guest rating 8.8
    Fabulous - What previous guests thought, 2,074 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$290.60 per night
  • Scored out of 10, guest rating 8.6
    Fabulous - What previous guests thought, 1,664 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$181.33 per night

FAQ about cheap hotels in Reykjavík

Cheap hotels that guests love in Reykjavík

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  • Avg. price/night: US$186.10
    Scored out of 10, guest rating 8.7
    Fabulous - What previous guests thought, 894 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$138.35
    Scored out of 10, guest rating 8.1
    Very good - What previous guests thought, 3,713 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