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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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.

S
Seb90
From
Switzerland
Clean + Friendly staff + Comfortable beds + Shades very helpful for midnight sun + Nice shower with nice hot water + Nice interior in the bar + Location
Scored out of 10, guest rating 9.3
Superb - What previous guests thought, 864 reviews
Price from
US$120.09
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...

j
jerome
From
Germany
Loved how cozy it was. Absolutely beautiful place for me and my wife to stay.
Scored out of 10, guest rating 9.5
Exceptional - What previous guests thought, 150 reviews
Price from
US$247.74
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.

J
Jana
From
Czech Republic
"We absolutely recommend this place! We only stayed for one night, but we would have loved to stay longer. It’s just a short walk from the city center. The apartment is spacious, spotless, beautifully decorated, and the beds are very comfortable. Everything we needed was provided. If we ever visit Reykjavik again, we’ll definitely stay here!"
Scored out of 10, guest rating 9.6
Exceptional - What previous guests thought, 123 reviews
Price from
US$400.60
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.

P
Pei Jun
From
Taiwan
The room facilities are modern, and the space is very good. It's a place you'll definitely want to come back to.
Scored out of 10, guest rating 9.3
Superb - What previous guests thought, 133 reviews
Price from
US$506.02
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.

R
Ralf
From
Germany
The apartment was really great. Perfectly located, in very good condition, well equipped with comfortable beds. We enjoyed the stay very much! Nothing to complain
Scored out of 10, guest rating 9.6
Exceptional - What previous guests thought, 179 reviews
Price from
US$400.60
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.

C
Chin Yin
From
Malaysia
Beautiful apartment with full facilities. Definitely recommending to others
Scored out of 10, guest rating 9.1
Superb - What previous guests thought, 124 reviews
Price from
US$483.88
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...

M
Mark
From
Australia
Very clean and tidy with kitchen and laundry facilities. Thorgeir was an excellent host and supported us magnificently.
Scored out of 10, guest rating 9.0
Superb - What previous guests thought, 250 reviews
Price from
US$327.98
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.

O
Olessia
From
Canada
Very comfortable space, everything you need is provided.
Scored out of 10, guest rating 9.3
Superb - What previous guests thought, 152 reviews
Price from
US$295.18
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.

V
Vanna Valo
From
Germany
Everything was absolutely perfect! It's a charming and welcoming place, exactly as shown at the pictures and as described. Clean, lovely furnishings and a great location close to everything. Even if you're without a car, the main pickup spot for almost every Tour is just 500m walk away. Also at least two supermarkets are just around the corner, main shopping street about 3min to walk, and a lovely view at the mountains. We would definetly stay here again! 👍
Scored out of 10, guest rating 9.1
Superb - What previous guests thought, 311 reviews
Price from
US$294.13
1 night, 2 adults

Beautiful flat in downtown Reykjavík with a veiw

Reykjavík East, Reykjavík

Beautiful flat in downtown Reykjavík with a veiw is located in the Reykjavík East district of Reykjavík, 1 km from Solfar Sun Voyager, less than 1 km from Hallgrímskirkja Church and 2 km from The...

C
Chloe
From
Singapore
Loved the clean and spacious apartment! It's large enough for a family, even though we were just two people. Totally private (with its own underground carpark for the whole block) and it had all the facilities you could need (e.g. cooking, washing). Location wise, it's on the fringe of town but Reykjavik is small anyway, so no complaints.
Scored out of 10, guest rating 9.9
Exceptional - What previous guests thought, 151 reviews
Price from
US$241.94
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 8.2
    Very good - What previous guests thought, 1,971 reviews
  • Popular with guests booking cheap hotels in Reykjavík

    Scored out of 10, guest rating 8.5
    Very good - What previous guests thought, 3,466 reviews
  • Popular with guests booking cheap hotels in Reykjavík

    Scored out of 10, guest rating 8.0
    Very good - What previous guests thought, 2,579 reviews
  • Popular with guests booking cheap hotels in Reykjavík

    Scored out of 10, guest rating 8.4
    Very good - What previous guests thought, 4,458 reviews
  • Popular with guests booking cheap hotels in Reykjavík

    Scored out of 10, guest rating 8.4
    Very good - What previous guests thought, 3,824 reviews
  • Popular with guests booking cheap hotels in Reykjavík

    Scored out of 10, guest rating 8.0
    Very good - What previous guests thought, 5,058 reviews
  • Popular with guests booking cheap hotels in Reykjavík

    Scored out of 10, guest rating 8.1
    Very good - What previous guests thought, 3,647 reviews
  • Popular with guests booking cheap hotels in Reykjavík

    Scored out of 10, guest rating 7.9
    Good - What previous guests thought, 4,566 reviews
  • Popular with guests booking cheap hotels in Reykjavík

    Scored out of 10, guest rating 8.1
    Very good - What previous guests thought, 6,907 reviews
  • Popular with guests booking cheap hotels in Reykjavík

    Scored out of 10, guest rating 7.9
    Good - What previous guests thought, 3,778 reviews

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

  • Scored out of 10, guest rating 9.2
    Superb - What previous guests thought, 536 reviews

    Iceland Parliament Hotel, Curio Collection By Hilton features a fitness centre, shared lounge, a restaurant and bar in Reykjavík.

    From US$323.71 per night
  • Scored out of 10, guest rating 9.1
    Superb - What previous guests thought, 474 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$328.65 per night
  • Scored out of 10, guest rating 9.1
    Superb - What previous guests thought, 814 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$421.71 per night
  • Scored out of 10, guest rating 8.5
    Very good - What previous guests thought, 19 reviews

    Reykjavík Rainbow Guesthouse, a property with a terrace, is located in Reykjavík, 3.3 km from The Pearl, 700 metres from Harpa Concert Hall & Conference Centre, as well as less than 1 km from...

    From US$203.67 per night
  • Scored out of 10, guest rating 8.4
    Very good - What previous guests thought, 1,710 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$198.86 per night
  • Scored out of 10, guest rating 9.2
    Superb - What previous guests thought, 590 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$411.73 per night
  • Scored out of 10, guest rating 8.9
    Fabulous - What previous guests thought, 2,750 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$196.20 per night
  • Scored out of 10, guest rating 8.0
    Very good - What previous guests thought, 272 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...

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

  • Scored out of 10, guest rating 9.8
    Exceptional - What previous guests thought, 5 reviews

    In the Reykjavík 101 district of Reykjavík, close to Hallgrímskirkja Church, Vesturgata - One Bedroom Apartment Near Harbour features free WiFi and a washing machine.

  • Exeter Hotel

    Reykjavík
    Central location
    Scored out of 10, guest rating 8.7
    Fabulous - What previous guests thought, 2,792 reviews

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

    From US$303.38 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$327.80 per night
  • Scored out of 10, guest rating 8.0
    Very good - What previous guests thought, 1 review

    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.

    From US$551.47 per night
  • Scored out of 10, guest rating 9.1
    Superb - What previous guests thought, 337 reviews

    Next Apartment Bergstadastræti offers modern, self-catering accommodation 200 metres from Laugavegur shopping street, in central Reykjavík. WiFi is free.

    From US$244.81 per night
  • Scored out of 10, guest rating 8.6
    Fabulous - What previous guests thought, 1,150 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.

  • Scored out of 10, guest rating 8.8
    Fabulous - What previous guests thought, 527 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$330.76 per night
  • Scored out of 10, guest rating 8.6
    Fabulous - What previous guests thought, 3,211 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$283.69 per night

Enjoy breakfast in Reykjavík and nearby

  • Hotel Ódinsvé

    Reykjavík
    Breakfast options
    Scored out of 10, guest rating 8.3
    Very good - What previous guests thought, 1,293 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$255.94 per night
  • Scored out of 10, guest rating 8.9
    Fabulous - What previous guests thought, 933 reviews

    Central Location: CityHub Reykjavik is situated in the city centre of Reykjavík, offering easy access to key attractions.

    From US$159.94 per night
  • Scored out of 10, guest rating 8.8
    Fabulous - What previous guests thought, 2,100 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$327.98 per night
  • Scored out of 10, guest rating 7.9
    Good - What previous guests thought, 2,237 reviews

    Located in the calm Thingholt neighbourhood, this family-owned guest house is in Reykjavik is just 450 metres from the shopping Laugavegur Street.

    From US$144.08 per night
  • Scored out of 10, guest rating 8.7
    Fabulous - What previous guests thought, 1,463 reviews

    Located on Laugavegur shopping street in central Reykjavik, this hotel offers rooms with a flat-screen TV and free WiFi access. Hallgrimskirkja Church is a 5-minute walk away.

    From US$258.84 per night
  • Scored out of 10, guest rating 8.6
    Fabulous - What previous guests thought, 2,983 reviews

    Situated in Reykjavík and with Nauthólsvík Geothermal Beach reachable within 2.8 km, Center Hotels Laugavegur features concierge services, non-smoking rooms, a restaurant, free WiFi throughout the...

    From US$318.01 per night
  • Scored out of 10, guest rating 8.6
    Fabulous - What previous guests thought, 1,005 reviews

    Located only 350 metres from restaurant and shopping along Laugavegur shopping street, this offers stylish rooms in central Reykjavik.

    From US$218.63 per night
  • Hotel Klettur

    Reykjavík
    Breakfast options
    Scored out of 10, guest rating 8.2
    Very good - What previous guests thought, 1,203 reviews

    Hotel Klettur is 500 metres to the main shopping area of Laugavegur street. It offers modern guest rooms with free WiFi and a flat-screen satellite TV.

    From US$223.61 per night

FAQ about cheap hotels in Reykjavík

Cheap hotels that guests love in Reykjavík

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  • Avg. price/night: US$209.67
    Scored out of 10, guest rating 8.7
    Fabulous - What previous guests thought, 881 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$144.08
    Scored out of 10, guest rating 7.9
    Good - What previous guests thought, 2,237 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$159.63
    Scored out of 10, guest rating 8.1
    Very good - What previous guests thought, 3,647 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