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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Við Hafið Guesthouse

Ólafsvík

Located along the coastline, Við Hafið Guesthouse offers accommodation in Ólafsvík. Guests can benefit from free WiFi. Rooms feature either a view of the sea or mountains.

G
Giulia
From
Italy
New guesthouse, there’s a big kitchen and the rooms are comfortable
Scored out of 10, guest rating 8.6
Fabulous - What previous guests thought, 1,384 reviews
Price from
US$148.07
1 night, 2 adults

Olafsvik Guesthouse

Ólafsvík

Located in Ólafsvík, Olafsvik Guesthouse features a shared lounge. This guest house provides free private parking and a shared kitchen.

Y
Yen Chun
From
Taiwan
The rooms are really nice, but if there are other guests you need to share kitchen and bathroom with them.
Scored out of 10, guest rating 8.3
Very good - What previous guests thought, 303 reviews
Price from
US$146.98
1 night, 2 adults

Hotel Vest Mar

Ólafsvík

Hotel Vest Mar welcomes you to the charming fishing village of Ólafsvík, offering a cozy and relaxing stay just minutes from Snæfellsjökull National Park.

H
Haukur Gislason
From
Iceland
The room was great, very clean and bed was very good
Scored out of 10, guest rating 8.2
Very good - What previous guests thought, 344 reviews
Price from
US$188.13
1 night, 2 adults

The Freezer Hostel & Culture Center

Hellissandur (Near Ólafsvík)

Situated on western Iceland’s Snaefellsnes Peninsula, this former fish processing factory has been converted into a professional theatre and artsy hostel. Free WiFi access is available throughout.

t
tiglaru simona larisa
From
Romania
Very unique place.Good spirit in this place.The atmosphere is relaxed and the huge living room space favours interactions, with many board games available, which also makes it a great place for families.It was a great cultural experience.The hostel is amazing, so original , really cozy, warm and clean.
Scored out of 10, guest rating 8.1
Very good - What previous guests thought, 1,245 reviews
Price from
US$140.74
1 night, 2 adults

Adventure Hotel Hellissandur

Hellissandur (Near Ólafsvík)

Adventure Hotel Hellissandur in Hellissandur features 3-star accommodation with a terrace, a restaurant and a bar. Guests can have a drink at the snack bar.

R
Robin
From
Belgium
Comfortable room, excellent breakfast and exceptionally helpful personnel. Special mention to receptionist Anna who made us fish and chips for dinner and gave us many recommendations to explore the Snæfellsnes Penisula. She even helped us to find the northern lights at night!
Scored out of 10, guest rating 8.3
Very good - What previous guests thought, 613 reviews
Price from
US$244.57
1 night, 2 adults

Gamla Rif

Snæfellsbær (Near Ólafsvík)

Gamla Rif provides rooms in Snæfellsbær. This guest house offers air-conditioned accommodation with a terrace and free WiFi.

旅行人C
From
China
Beautiful house , very friendly owner, wonderful view. Everything is great !
Scored out of 10, guest rating 7.9
Good - What previous guests thought, 451 reviews
Price from
US$129.02
1 night, 2 adults

Peninsula Suites

Hellnar (Near Ólafsvík)

Peninsula Suites is located in Hellnar. This property offers access to a balcony, free private parking and free WiFi.

D
Dorota
From
Poland
Absolutely stunning apartment—this might be the most unique place we've ever stayed. From the breathtaking views of the sea and cliffs to the thoughtful design, we loved every minute! We slept like babies on the incredibly comfortable beds, and the shower was amazing, complete with such high-quality products. They truly think of every detail!! The space was super functional, we cooked ourselves a cozy dinner in the apartment and enjoyed the complimentary coffee in the morning. It was really easy to access, and the location couldn’t be better, it is close to the national park, seals, waterfalls, and even a glacier, all with stunning views over the ocean. We even saw a seal resting on the rocks just a minute from the apartment! This is such a unique spot, with total privacy and nature all around. Worth every single buck and we’ll definitely be back!!!
Scored out of 10, guest rating 9.8
Exceptional - What previous guests thought, 112 reviews
Price from
US$417.41
1 night, 2 adults

Kambur Cottages

Snæfellsbær (Near Ólafsvík)

Kambur Cottages has sea views, free WiFi and free private parking, situated in Snæfellsbær. With mountain views, this accommodation features a terrace. The guest house features family rooms.

F
Fynn
From
Germany
Beautiful cottage with a fully equipped kitchen. They even had an egg slicer. You have a great view to the sea, the room was cosy and the water was hot. Our only regret is that we didn’t stay longer!
Scored out of 10, guest rating 9.2
Superb - What previous guests thought, 79 reviews
Price from
US$370.96
1 night, 2 adults

Glass House with Private River & 360° Views

Arnarstapi (Near Ólafsvík)

Glass House with Private River & 360° Views is located in Arnarstapi. This property offers access to a patio, free private parking and free WiFi. Outdoor seating is also available at the holiday home....

Y
Yedidya
From
Israel
We had the best stay! The house's location was private with an open floor plan and windows that looked out to the ocean on one side and the glacier on the other. Big common space and kitchen, which we used to make all meals. Kitchen has a new touch stove, which was easy to keep clean. Plenty of pots, pans and baking items. Coffee and tea in the house was also good. Nice touch to have drinks available and we find coffee important. It was great to have a smart TV- made everything feel modern even in the countryside. The house decor had style and it did not feel like an average hotel room. Lighting was also great, considering how dark it got we had plenty of options of what to turn on and off. Would definitely return to experience the area in another season!
Scored out of 10, guest rating 9.6
Exceptional - What previous guests thought, 48 reviews
Price from
US$793.67
1 night, 2 adults

Snæfellsjökull Apartments

Snæfellsbær (Near Ólafsvík)

Situated in Snæfellsbær in the West Iceland region, Snæfellsjökull Apartments has a patio. Featuring sea and mountain views, this apartment also comes with free WiFi.

Y
Yuri
From
South Korea
Very nice location, good view. good facilities.
Scored out of 10, guest rating 8.7
Fabulous - What previous guests thought, 451 reviews
Price from
US$317.47
1 night, 2 adults
All cheap hotels in Ólafsvík

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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  • Scored out of 10, guest rating 8.3
    Very good - What previous guests thought, 303 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
  • Avg. price/night: US$200
    Scored out of 10, guest rating 8.6
    Fabulous - What previous guests thought, 1,384 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
  • Avg. price/night: US$200
    Scored out of 10, guest rating 8.6
    Fabulous - What previous guests thought, 1,384 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
  • Avg. price/night: US$200
    Scored out of 10, guest rating 8.6
    Fabulous - What previous guests thought, 1,384 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