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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.

L
Louise
From
United Kingdom
We loved everything about our stay. Friendly staff, fantastic location right in the centre and a nice walk from the bus terminal. The hub and bathrooms were spotless and we loved the special touches, especially the lighting and Rituals soap and shampoo!
Scored out of 10, guest rating 9.0
Superb - What previous guests thought, 1,048 reviews
Price from
US$116.56
1 night, 2 adults

Hotel Lotus

Hotel in Reykjavík East, Reykjavík

Set an 8-minute drive from central Reykjavik, this hotel offers free parking and brightly decorated rooms with a flat-screen TV and free Wi-Fi access. Kringlan Shopping Centre is 1 km away.

S
Silver
From
Estonia
New, Nenovated. Most likeable small rooms ever.
Scored out of 10, guest rating 9.0
Superb - What previous guests thought, 1,368 reviews
Price from
US$235.59
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.

D
Dave Caine
From
United Kingdom
Each bed has it's own table & electric socket. Nice bar for hot & cold drinks. There's a nice chicken restaurant down stairs aswell
Scored out of 10, guest rating 9.3
Superb - What previous guests thought, 923 reviews
Price from
US$101.73
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...

E
E.M.
From
Cyprus
Very good location, in a beautiful neighbourhood. The place is even better than the fotos. The house is fully eqipped with anything you might need: toothbrushes, slippers, robes, candles and chocolates, like you check in a 5 star hotel! The cherry on top: We booked last minute at 10 pm and arrived after midnight. We were welcomed with two fresh bannofie tarts from the nearest bakery! what a wonderful gesture to make us feel like home away from home! We absolutely recommend it!!
Scored out of 10, guest rating 9.5
Exceptional - What previous guests thought, 163 reviews
Price from
US$243.06
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.

A
Andrejs
From
Ireland
Spacious, modern, very clean. Very warm.
Scored out of 10, guest rating 9.5
Exceptional - What previous guests thought, 130 reviews
Price from
US$289.60
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.

Y
Yujia
From
China
It was comfortable and decent with enough space for 3 people family. It is a fully equipped apartment with free parking space, especially suitable for drving visitors.
Scored out of 10, guest rating 9.2
Superb - What previous guests thought, 138 reviews
Price from
US$496.45
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.

J
Jan
From
Poland
Perfect place. Perfect localization and contact with owner.
Scored out of 10, guest rating 9.6
Exceptional - What previous guests thought, 182 reviews
Price from
US$310.28
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 9.0
Superb - What previous guests thought, 133 reviews
Price from
US$474.73
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, 253 reviews
Price from
US$321.78
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.

d
daikindes
From
Malaysia
We stayed two nights here on late November and made a very last minute reservation on the same day. But very satisfied with our decision. Location: it is not in the middle of the city but it is great because it has ample free parkings outside the building. It is very convenient for us to load and unload our big luggages and the building has a lift. We drove to the city and park few hours when sightseeing. It's a walkable distance but during winter it was just too cold for us. It has eateries and a Bonus supermarket next door. Owner/manager: fast response. We communicate through this app and get fast prompt response. Though we booked few hours before check in, the apartment is ready, clean and self check in instruction is clear and easy to understand, easy to access. The locals living there are also nice and friendly. Facilities: washer and dryer available in common space. However we can't comment on details because we didn't use it. We just dry our small items in the house on the heated drying racks. Kitchen facilities are good, managed to cook with ease and the owner also left some basic seasonings and maybe items from previous guests. I like that they didn't throw away perfectly good items. We're able to use it as well.👍 The apartment is cozy and homely. Would stay again for future visit and stayed even longer. Very comfortable, feel safe and in summer maybe we can use the big terrace. The owner cares about the details because the plates and bowls and the vases are the nice ones.
Scored out of 10, guest rating 9.2
Superb - What previous guests thought, 157 reviews
Price from
US$289.60
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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Scored out of 10, guest rating 8.1
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Scored out of 10, guest rating 8.0
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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, 6,822 reviews

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

Scored out of 10, guest rating 9.2
Superb - What previous guests thought, 553 reviews

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

From US$288.36 per night
Scored out of 10, guest rating 9.0
Superb - What previous guests thought, 461 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$323.56 per night
Scored out of 10, guest rating 9.1
Superb - What previous guests thought, 864 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$316.34 per night
Scored out of 10, guest rating 8.2
Very good - What previous guests thought, 295 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$299.19 per night
Scored out of 10, guest rating 9.3
Superb - What previous guests thought, 39 reviews

Located in the centre of Reykjavík, Unbeatable Central Location - Reykjavíks Most Exclusive Luxury Apartments provides rooms with free WiFi.

Scored out of 10, guest rating 9.6
Exceptional - What previous guests thought, 392 reviews

Set in a preserved historic house, this accommodation is located in the old town and is a 13-minute walk of Hallgrímskirkja Church in Reykjavík.

Scored out of 10, guest rating 8.4
Very good - What previous guests thought, 22 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$157.53 per night
Scored out of 10, guest rating 8.4
Very good - What previous guests thought, 1,720 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$188.57 per night

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

Scored out of 10, guest rating 9.2
Superb - What previous guests thought, 603 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$327.52 per night
Scored out of 10, guest rating 8.9
Fabulous - What previous guests thought, 2,739 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$161.46 per night
Scored out of 10, guest rating 8.0
Very good - What previous guests thought, 1,149 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$181 per night
Scored out of 10, guest rating 8.7
Fabulous - What previous guests thought, 2,699 reviews

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

From US$198.81 per night
Scored out of 10, guest rating 8.6
Fabulous - What previous guests thought, 725 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.

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$242.48 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.

From US$435.55 per night
Scored out of 10, guest rating 9.1
Superb - What previous guests thought, 340 reviews

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

From US$207.43 per night

Enjoy breakfast in Reykjavík and nearby

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$234.23 per night
Scored out of 10, guest rating 8.6
Fabulous - What previous guests thought, 3,217 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$200.62 per night

Hotel Ódinsvé

Reykjavík
Breakfast options
Scored out of 10, guest rating 8.3
Very good - What previous guests thought, 1,305 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$213.18 per night
Scored out of 10, guest rating 8.8
Fabulous - What previous guests thought, 2,046 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$264.32 per night
Scored out of 10, guest rating 8.0
Very good - What previous guests thought, 521 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$205.71 per night
Scored out of 10, guest rating 8.6
Fabulous - What previous guests thought, 1,641 reviews

Situated in Reykjavik’s old city centre, this family-run property is across the street from Hallgrim’s Church. It offers a communal kitchen, as well as modern and fresh rooms with wooden furnishings.

From US$174.68 per night
Scored out of 10, guest rating 8.7
Fabulous - What previous guests thought, 1,443 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$280.61 per night

Hotel Vera

Reykjavík
Breakfast options
Scored out of 10, guest rating 8.2
Very good - What previous guests thought, 1,354 reviews

Ideally set in the Reykjavík 101 district of Reykjavík, Hotel Vera is situated 500 metres from Hallgrímskirkja Church, 600 metres from Solfar Sun Voyager and 2.5 km from The Pearl.

From US$191.92 per night

FAQ about cheap hotels in Reykjavík

Cheap hotels that guests love in Reykjavík

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Avg. price/night: US$179.85
Scored out of 10, guest rating 8.7
Fabulous - What previous guests thought, 908 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$109.42
Scored out of 10, guest rating 8.1
Very good - What previous guests thought, 3,805 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