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

Find the cheap hotels that appeal to you the most

The best cheap hotels in Ólafsvík

Check out our pick of great cheap hotels in Ólafsvík

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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 Ólafsvík and surroundings in the past month

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Cheap hotels that guests love in Ólafsvík

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  • Olafsvik Guesthouse

    Cheap hotel in Ólafsvík
    Avg. price/night: US$115.75
    Scored out of 10, guest rating 8.3
    Very good - What previous guests thought, 313 reviews
    We liked the town of Ólafsvik for its location and the Sker restaurant. The rooms are clean and comfortable.
    Guest review by
    Grelinette
    Family with young children

  • Við Hafið Guesthouse

    Cheap hotel in Ólafsvík
    Avg. price/night: US$188.36
    Scored out of 10, guest rating 8.6
    Fabulous - What previous guests thought, 1,387 reviews
    It was very quiet and very clean. The staff was super helpful and nice. The kitchen is well equipped and the whole house seems quite new.
    Guest review by
    Eva
    Young couple

  • Við Hafið Guesthouse

    Cheap hotel in Ólafsvík
    Avg. price/night: US$188.36
    Scored out of 10, guest rating 8.6
    Fabulous - What previous guests thought, 1,387 reviews
    • Well equipped guesthouse • Spacious kitchen to share with a beach view • Washer & dryer available, since many places in Iceland don’t have that. (Isk 8000) • Very clean room • Several toilets and shower to share, didn’t have to wait for one even the guesthouse was pretty full • Staff are helpful :) • Location is great • Do note there are strict rules about not using the common kitchen, washer and dryer after 9/10pm. Since the common area is close to other guests room.
    Guest review by
    Jackie
    People with friends

  • Við Hafið Guesthouse

    Cheap hotel in Ólafsvík
    Avg. price/night: US$188.36
    Scored out of 10, guest rating 8.6
    Fabulous - What previous guests thought, 1,387 reviews
    Tidy, very clean and comfortable. we were surprised how good it was given the description as a hostel. In some countries hostels can be poor but not in Iceland it seems. The only minus was that the heating made the room very hot and not ideal for sleeping but the beds were very comfortable. If you are thinking of staying in Olafsvik, this is a great option!
    Guest review by
    Ken
    Young couple