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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
Barbora
From
Czech Republic
Very cute and smart accomodation! Nice staff! This is our new favorite style of accomodation since now :)
Scored out of 10, guest rating 9.0
Superb - What previous guests thought, 1,102 reviews
Price from
US$113.66
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.

J
Jeso
From
France
Great place, great value. Staff was nice. Place is pretty new so all the amenities are top notch quality. The were some large lockers beneath the bed that can fit 2 suitcases, it was so useful, loved that. Best hostel I did in Iceland !
Scored out of 10, guest rating 9.3
Superb - What previous guests thought, 947 reviews
Price from
US$112.67
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.

W
William
From
United Arab Emirates
The owner was very clear about the arrival, conditions and services of the apartment. Everything was as stated.
Scored out of 10, guest rating 9.5
Exceptional - What previous guests thought, 132 reviews
Price from
US$289.84
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.

S
Suzanne
From
United States
The location was perfect. Everything was within walking distance.
Scored out of 10, guest rating 8.8
Fabulous - What previous guests thought, 1,413 reviews
Price from
US$125.65
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
Shiao-Fei
From
Taiwan
Free parking and elevator is a huge plus. The room itself was quite small but plenty of space in the common room to hang out and chill so not a problem. Spacious bathrooms (wish they had hooks to hang our clothes and towels though). Friendly staffs.
Scored out of 10, guest rating 8.4
Very good - What previous guests thought, 3,795 reviews
Price from
US$151.76
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.

K
Konstantina
From
Greece
Nice apartment at convenient location. Also we had problem with luggages safety room that is was our fault and they were really helpful
Scored out of 10, guest rating 8.1
Very good - What previous guests thought, 1,139 reviews
Price from
US$107.83
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.

s
sim ying
From
Malaysia
Everything, this could be the best hostel in Reykjavik
Scored out of 10, guest rating 8.0
Very good - What previous guests thought, 5,018 reviews
Price from
US$119.71
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.

A
Arduino
From
Cyprus
Great Apartment, clean and conveniently located. Easy access to motorway and central Reykjavik. Supermarket and a good restaurant nearby (pizza at the Skalli bistro highly recommended). Staff were very professional- our flight was canceled and they were very helpful offering additional stay/late checkout. Highy recommended!
Scored out of 10, guest rating 8.7
Fabulous - What previous guests thought, 2,598 reviews
Price from
US$141.15
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.

M
Mary
From
Canada
The communication was so active and easily accessible! Every time I messaged, I would hear back within minutes! I even made an error in my booking and they corrected my mistake instantly! The apartment was large and very clean. Loved that there is laundry on-site! Huge gym downstairs that offers a 2 day free trail. Ended up staying here twice in my two weeks in Iceland!
Scored out of 10, guest rating 8.7
Fabulous - What previous guests thought, 1,739 reviews
Price from
US$146.74
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.

M
Morgenthaler
From
Switzerland
the concierge, guy at the desk, was very helpful in moving a bit the people around so that we were able to have a stay for 2 nights in the same room and did not have to change (/checkout and check-in again) after one night - even though we booked separately!
Scored out of 10, guest rating 8.0
Very good - What previous guests thought, 4,462 reviews
Price from
US$124.22
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, 2,751 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.5
Very good - What previous guests thought, 2,705 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.0
Very good - What previous guests thought, 5,018 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.6
Fabulous - What previous guests thought, 3,210 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.1
Very good - What previous guests thought, 3,861 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.5
Very good - What previous guests thought, 3,361 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.8
Fabulous - What previous guests thought, 1,413 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 7.9
Good - What previous guests thought, 3,798 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.0
Very good - What previous guests thought, 4,462 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

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$268.22 per night
Scored out of 10, guest rating 9.1
Superb - What previous guests thought, 450 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$260.94 per night
Scored out of 10, guest rating 9.1
Superb - What previous guests thought, 888 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$251.95 per night
Scored out of 10, guest rating 8.3
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$298.62 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$232.36 per night
Scored out of 10, guest rating 9.2
Superb - What previous guests thought, 601 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$338.72 per night
Scored out of 10, guest rating 8.9
Fabulous - What previous guests thought, 2,751 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$151.24 per night
Scored out of 10, guest rating 8.1
Very good - What previous guests thought, 265 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$269.14 per night

Enjoy breakfast in Reykjavík and nearby

Scored out of 10, guest rating 8.4
Very good - What previous guests thought, 1,364 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$288.02 per night

Exeter Hotel

Reykjavík
Breakfast options
Scored out of 10, guest rating 8.8
Fabulous - What previous guests thought, 2,622 reviews

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

From US$208.18 per night

ALVA Apartments

Reykjavík
Breakfast options
Scored out of 10, guest rating 8.6
Fabulous - What previous guests thought, 740 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$225.43 per night
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$268.22 per night
Scored out of 10, guest rating 8.6
Fabulous - What previous guests thought, 3,210 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$220.60 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$213.35 per night
Scored out of 10, guest rating 8.8
Fabulous - What previous guests thought, 2,008 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$264.53 per night
Scored out of 10, guest rating 8.0
Very good - What previous guests thought, 550 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$205.88 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.

Scored out of 10, guest rating 8.1
Very good - What previous guests thought, 1,139 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$189.77 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$445.86 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 7.9
Good - What previous guests thought, 354 reviews

Odinn Apartments is situated in Reykjavík, 300 metres from Hallgrímskirkja Church and 700 metres from Harpa Concert Hall & Conference Centre.

From US$486.86 per night
Scored out of 10, guest rating 8.2
Very good - What previous guests thought, 231 reviews

In the centre of Reykjavík, Reykjavik Antique Rentals provides rooms with free WiFi.

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$393.35 per night

Hotel Frón

Reykjavík
Central location
Scored out of 10, guest rating 8.3
Very good - What previous guests thought, 2,463 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$172.52 per night

FAQ about cheap hotels in Reykjavík

Cheap hotels that guests love in Reykjavík

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Avg. price/night: US$184.14
Scored out of 10, guest rating 8.7
Fabulous - What previous guests thought, 919 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$122.38
Scored out of 10, guest rating 8.0
Very good - What previous guests thought, 2,212 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$121.70
Scored out of 10, guest rating 8.1
Very good - What previous guests thought, 3,861 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