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The best cheap hotels in Lake Myvatn

Check out our pick of great cheap hotels in Lake Myvatn

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Superb: 9+ Very good: 8+ Good: 7+ Pleasant: 6+
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Fosshotel Mývatn is located next to Lake Mývatn, 6.8 km to the Mývatn Nature Baths. The hotels provides free WiFi and free private parking. Guests can enjoy drinks from the bar and food at the restaurant with a lake view. The rooms were comfortable, spacious, very nice and perfectly cleaned. The breakfast was very good.

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9.1
Superb
1,318 reviews

This hotel is quietly situated 2 km from Lake Mývatn and 30 minutes’ drive from the Godafoss Waterfall and Krafla Crater. It offers free Wi-Fi and rooms with modern furnishings.

A flat-screen satellite TV, electric kettle and seating area can be found in all Hótel Laxá rooms. Free toiletries and a hairdryer are provided in the bathrooms. The wake up call for Auroras was a super service. Super nice staff and very good Restaurant and breakfast.

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9.1
Superb
1,788 reviews
Price from
US$180
per night

Boasting garden views, Myvo The Studio apartment at Geiteyjarströnd 4 offers accommodation with a garden, around 48 km from Godafoss Waterfall. This beachfront property offers access to a terrace, free private parking and free WiFi. The property is non-smoking and is set 9 km from Myvatn Nature Baths. We Loved everything! Location. Facilities - it’s a beautifully stylish little cottage on the edge of the lake. The sheep graze nearby and the birds are sitting on their nests. The apartment is extremely well furnished and has everything you need. Was a wonderful 3 nights there

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9.4
Superb
115 reviews
Price from
US$407
per night

Overlooking Lake Mývatn, this camping site offers cottages with wooden floors, a private bathroom and a terrace. Krossdalur Golf Course is 500 metres away, and Reykjahlíd village is 1 km from the cottages. Location, spacious very good for a family stay.

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9.3
Superb
103 reviews
Price from
US$210
per night

Featuring mountain views, Mývatn apartments provides accommodation with balcony, around 4.5 km from Myvatn Nature Baths. This property offers access to a terrace, free private parking and free WiFi. Each room has a patio with views of the garden. Everything was great! The apartment was cozy, had everything we needed and was spotless—every little corner was clean too. Really impressed and we didn't want to leave!

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9.4
Superb
53 reviews
Price from
US$371
per night

This hotel is situated on Lake Myvatn, 3.3 km from Myvatn Nature Baths. A number of amenities including a bar and free WiFi are featured. Boasting a 24-hour front desk, this hotel also provides a restaurant. Clean. Great staff. Green movement. Food at restaurant was fantastic! Near to town

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8.9
Fabulous
2,041 reviews
Price from
US$162
per night

Offering a shared kitchen/lounge and mountain views, Skútustadir Guesthouse is set on a farm by the southern shore of Lake Mývatn. WiFi and parking are free.

The geothermally heated Mývatn Nature Baths are 18 km away. The surrounding area is popular for bird watching. Iceland’s premier whale watching location, Húsavík, is a 45-minute drive away. Very clean location, family run farm with accommodation for tourists. Amazing breakfast. Very friendly people, could arrange a late checkout for us. First time we have seen a dog playing football - we won that game 3-2, but the dog probably let us win… And don’t miss the homemade ice-creams !!

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8.8
Fabulous
1,900 reviews
Price from
US$100
per night

Situated by Lake Mývatn, this guest house offers basic rooms with shared facilities. The Mývatn Nature Baths is a 10-minute drive away. Free parking is available on site and the Ring Road is only a 3-minute drive away. Although there is no private bathroom, there is a sink in each room which is very convenient. The kitchen is fully equipped and the dining area is very large and can be used by many people

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8.4
Very good
1,484 reviews

Quietly located 5 km from Iceland's Ring Road and 13 km from Lake Mývatn, this family-run guest house offers views over Sandfell Mountain. On-site facilities include 2 hot tubs and a communal TV lounge. Free WiFi is available in the common areas. Really great Breakfast Buffet. Room and location was good too.

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8.9
Fabulous
1,465 reviews

Situated by Lake Myvatn, this hotel offers WiFi . All rooms feature a TV and private bathroom. Skútustaðagígar natural site is 2 minutes’ walk away.

Parking is free on site. Mývatn Nature Baths are a 20-minute drive away. The Husavik Whale Museum is 68 km from the hotel. Clean and spacious room and bathroom, cosy beds, super view over the craters, nice bar with dinner and breakfast restaurant. We saw the most impressive Aurora over the craters. Staff is friendly and helpfull.

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8.8
Fabulous
1,834 reviews
Price from
US$192
per night

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