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 selection of great cheap hotels in Reykjavík

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Nordic Hostel

Reykjavík 101, Reykjavík

Nordic Hostel is well located in Reykjavík, and features a shared lounge, free WiFi and a bar.

佳郁
From
Taiwan
The staff are really friendly and it is a great opportunity to meet different people! We are lucky to have our own space in double bedrooms!
Scored out of 10, guest rating 9.3
Wonderful - What previous guests thought, 822 reviews
Price from
$119.93
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

Lara Studio in Laugardalur valley, Reykjavík Central Park and Botanical Garden, Private entrance, FREE Private Parking on side offers accommodations in Reykjavík, 2.8 miles from The Pearl and 2.9...

E
Euijung
From
South Korea
Best accommodation among all i stayed in Iceland..!
Scored out of 10, guest rating 9.5
Exceptional - What previous guests thought, 145 reviews
Price from
$175.02
1 night, 2 adults

Iceland SJF Apartments - 201

Reykjavík East, Reykjavík

Iceland SJF Apartments - 201 offers accommodations in Reykjavík, 1.8 miles from Nauthólsvík Geothermal Beach and 29 miles from Blue Lagoon.

A
Anu
From
Australia
A clean and bright, beautiful brand new apartment at the edge of Reykjavik centre. There's a couple of grocery stores nearby. Also some restaurants and souvenir shops within a 5-10mins walk.
Scored out of 10, guest rating 9.6
Exceptional - What previous guests thought, 120 reviews
Price from
$402.12
1 night, 2 adults

Iceland SJF Apartments - 503

Reykjavík East, Reykjavík

Iceland SJF Apartments - 503 is a recently renovated apartment in Reykjavík, near Solfar Sun Voyager. This apartment offers air-conditioned accommodations with a balcony and free Wifi.

L
Leftoversagain
From
United States
The bed and the apartment was a good sized space for 2 people and the view was decent. It did feel like we were in an industrial section of town but there was a hotel next door that had great food and service at the restaurant. I believe it was called Eyja.
Scored out of 10, guest rating 9.3
Wonderful - What previous guests thought, 133 reviews
Price from
$507.95
1 night, 2 adults

Iceland SJF Apartments - 401

Reykjavík East, Reykjavík

Just a 16-minute walk from Solfar Sun Voyager and 0.8 miles from Hallgrímskirkja Church, Iceland SJF Apartments - 401 features accommodations in Reykjavík with a garden.

K
Kyoko
From
Canada
Clean, spacious, good location
Scored out of 10, guest rating 9.6
Exceptional - What previous guests thought, 175 reviews
Price from
$402.12
1 night, 2 adults

Lundur Apartments - Down Town

Reykjavík 101, Reykjavík

Lundur Apartments - Down Town is a recently renovated apartment in the center of Reykjavík, a 5-minute walk from Solfar Sun Voyager and 500 yards from Hallgrímskirkja Church.

K
Klaus
From
Mexico
Location and confort was amazing
Scored out of 10, guest rating 9.1
Wonderful - What previous guests thought, 122 reviews
Price from
$485.72
1 night, 2 adults

Center Apartments - Esja

Reykjavík East, Reykjavík

Just a 16-minute walk from Solfar Sun Voyager and 0.8 miles from Hallgrímskirkja Church, Center Apartments - Esja features accommodations in Reykjavík, with a terrace.

B
Bryndís A Árnadóttir
From
Iceland
I liked the cleanliness and the cozy apartment.
Scored out of 10, guest rating 9.0
Wonderful - What previous guests thought, 248 reviews
Price from
$258.68
1 night, 2 adults

Center apartments - Hekla

Reykjavík East, Reykjavík

Just a 16-minute walk from Solfar Sun Voyager and 0.8 miles from Hallgrímskirkja Church, Center apartments - Hekla features accommodations in Reykjavík with a terrace.

A
Anna
From
United States
it was perfect and I wish we were staying here on our way back as well! the host is amazing, location perfect and easily walkable to the city center. brand new unit-will recommended to all our friends!
Scored out of 10, guest rating 9.3
Wonderful - What previous guests thought, 150 reviews
Price from
$296.30
1 night, 2 adults

B 18-20 Apartments

Reykjavík East, Reykjavík

B 18-20 Apartments enjoys a location in Reykjavík, 1.8 miles from Nauthólsvík Geothermal Beach and 29 miles from Blue Lagoon.

A
ALEJANDRA
From
Sweden
The place is super well located and the people in charge are very nice!! We felt like home
Scored out of 10, guest rating 9.1
Wonderful - What previous guests thought, 303 reviews
Price from
$295.24
1 night, 2 adults

Beautiful flat in downtown Reykjavík with a veiw

Reykjavík East, Reykjavík

Beautiful flat in downtown Reykjavík with a veiw offers accommodations in Reykjavík, 29 miles from Blue Lagoon and a 2-minute walk from Laugavegur Shopping Street.

B
BHASWATADEEP
From
United Arab Emirates
Loved everything about this apartment. Very centrally located, the apartment is right next to restaurants and supermarkets. The place has everything, cookware, washing machine and even a dryer. It was spotless clean and warm and featured a balcony for the lazy evenings. The free parking was very helpful. The host was super helpful and very responsive and communicated the instructions in a detailed manner. We would definitely stay here again whenever we visit Reykjavík again
Scored out of 10, guest rating 9.9
Exceptional - What previous guests thought, 150 reviews
Price from
$242.86
1 night, 2 adults
All cheap hotels in Reykjavík

Looking for a cheap hotel?

For those trying to save, these fun, budget hotels still have lots to offer, from Wifi to convenient locations. Popular with backpackers, many properties are set in central areas and include comfortable rooms with private or shared bathrooms. You’ll also find loads of options that feature 24-hour front desks and luggage storage.

Most booked cheap hotels in Reykjavík and surrounding area in the past month

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  • Popular with guests booking cheap hotels in Reykjavík

    Scored out of 10, guest rating 8.3
    Very Good - What previous guests thought, 1,943 reviews
  • Popular with guests booking cheap hotels in Reykjavík

    Scored out of 10, guest rating 8.5
    Very Good - What previous guests thought, 3,479 reviews
  • Popular with guests booking cheap hotels in Reykjavík

    Scored out of 10, guest rating 8.4
    Very Good - What previous guests thought, 4,479 reviews
  • Popular with guests booking cheap hotels in Reykjavík

    Scored out of 10, guest rating 8.0
    Very Good - What previous guests thought, 2,580 reviews
  • Popular with guests booking cheap hotels in Reykjavík

    Scored out of 10, guest rating 8.4
    Very Good - What previous guests thought, 3,812 reviews
  • Popular with guests booking cheap hotels in Reykjavík

    Scored out of 10, guest rating 8.1
    Very Good - What previous guests thought, 5,049 reviews
  • Popular with guests booking cheap hotels in Reykjavík

    Scored out of 10, guest rating 7.9
    Good - What previous guests thought, 4,584 reviews
  • Popular with guests booking cheap hotels in Reykjavík

    Scored out of 10, guest rating 7.9
    Good - What previous guests thought, 3,777 reviews
  • Popular with guests booking cheap hotels in Reykjavík

    Scored out of 10, guest rating 8.1
    Very Good - What previous guests thought, 6,891 reviews
  • Popular with guests booking cheap hotels in Reykjavík

    Scored out of 10, guest rating 8.1
    Very Good - What previous guests thought, 3,574 reviews

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

  • Scored out of 10, guest rating 9.1
    Wonderful - What previous guests thought, 477 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 center.

    From $404.05 per night
  • Scored out of 10, guest rating 9.1
    Wonderful - What previous guests thought, 792 reviews

    Hotel Reykjavík Saga features a fitness center, garden, a terrace and restaurant in Reykjavík. With free WiFi, this 4-star hotel offers room service and a 24-hour front desk.

    From $483.47 per night
  • Scored out of 10, guest rating 8.1
    Very Good - What previous guests thought, 291 reviews

    Day Dream Historical Grjótagata 4 features rooms with free Wifi in the center of Reykjavík.

    From $341.10 per night
  • Scored out of 10, guest rating 8.5
    Very Good - What previous guests thought, 18 reviews

    Reykjavík Rainbow Guesthouse features rooms with free Wifi in the center of Reykjavík.

    From $215.27 per night
  • Scored out of 10, guest rating 8.4
    Very Good - What previous guests thought, 1,698 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 $227.12 per night
  • Scored out of 10, guest rating 9.2
    Wonderful - What previous guests thought, 585 reviews

    These luxury apartments in central Reykjavik are just 1148 feet from Old Reykjavik Harbor. Each features free WiFi, contemporary furnishings, an iPad and city-view balcony.

    From $457.97 per night
  • Scored out of 10, guest rating 8.9
    Excellent - What previous guests thought, 2,772 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 $262.03 per night
  • Scored out of 10, guest rating 8.0
    Very Good - What previous guests thought, 276 reviews

    Odinn Reykjavik Skolavordustigur Apartments provides rooms in Reykjavík near Reykjavik Art Museum: Kjarvalsstadir and Laugavegur Shopping Street.

    From $604.36 per night

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

  • Scored out of 10, guest rating 9.2
    Wonderful - What previous guests thought, 642 reviews

    Set in Reykjavík city center, these apartments have a full kitchen and a TV with DVD player. Wi-Fi is free. Hallgrímskirkja Church and Laugavegur shopping street are easily accessed.

    From $302.17 per night
  • Scored out of 10, guest rating 8.0
    Very Good - What previous guests thought, 1,192 reviews

    Offering quiet street views, Day Dream Vesturgata 17 Reykjavik in Reykjavík provides accommodations and a terrace. Featuring mountain and city views, this condo hotel also features free Wifi.

    From $298.07 per night
  • Exeter Hotel

    Reykjavík
    Central location
    Scored out of 10, guest rating 8.8
    Excellent - What previous guests thought, 2,840 reviews

    This contemporary design hotel is set in Reykjavík's Old Harbor area, 1640 feet from Harpa Concert Hall & Conference Center.

    From $320.99 per night
  • Scored out of 10, guest rating 8.6
    Excellent - What previous guests thought, 703 reviews

    ALVA Apartments offers accommodations within 0.6 miles of the center of Reykjavík, with free Wifi and a kitchen with a dishwasher, an oven, and a toaster.

    From $230.46 per night
  • Scored out of 10, guest rating 8.8
    Excellent - What previous guests thought, 5 reviews

    Ranargata Apartments by Heimaleiga offers accommodations in Reykjavík, 2.3 miles from The Pearl and 1.2 miles from Laugavegur Shopping Street.

    From $311.59 per night
  • Scored out of 10, guest rating 8.0
    Very Good - What previous guests thought, 1 review

    Spacious 3Bedroom Apartment on Rainbow Street is located in Reykjavík, just 1.8 miles from The Pearl and 30 miles from Blue Lagoon. This apartment offers accommodations with a patio and free Wifi.

    From $588.49 per night
  • Scored out of 10, guest rating 9.1
    Wonderful - What previous guests thought, 322 reviews

    Skolo Reykjavik Apartments offers rooms in Reykjavík near Reykjavik Art Museum: Kjarvalsstadir and Laugavegur Shopping Street.

  • Scored out of 10, guest rating 9.1
    Wonderful - What previous guests thought, 338 reviews

    Next Apartment Bergstadastræti offers modern, self-catering accommodations 656 feet from Laugavegur shopping street, in central Reykjavík. WiFi is free.

    From $245.74 per night

Enjoy breakfast in Reykjavík and nearby

  • Scored out of 10, guest rating 8.6
    Excellent - What previous guests thought, 3,203 reviews

    Set in the popular 101 harbor 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 $344.02 per night
  • Hotel Ódinsvé

    Reykjavík
    Breakfast options
    Scored out of 10, guest rating 8.3
    Very Good - What previous guests thought, 1,288 reviews

    Hotel Odinsve is a quarter mile 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 $306.30 per night
  • Hotel Frón

    Reykjavík
    Breakfast options
    Scored out of 10, guest rating 8.3
    Very Good - What previous guests thought, 2,480 reviews

    Conveniently located on Laugavegur shopping street central Reykjavik, Hotel Frón offers free Wi-Fi and rooms and apartments with private bathrooms. All apartments include kitchen facilities.

  • Scored out of 10, guest rating 8.9
    Excellent - What previous guests thought, 884 reviews

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

    From $156.59 per night
  • Scored out of 10, guest rating 8.8
    Excellent - What previous guests thought, 2,124 reviews

    Offering city views, Vintage Apartment Hotel is set along Laugavegur Shopping Street in Reykjavík. Hallgrímskirkja Church is 984 feet away. The accommodations has a flat-screen TV.

    From $340.98 per night
  • Scored out of 10, guest rating 7.9
    Good - What previous guests thought, 2,254 reviews

    Located in the calm Thingholt neighborhood, this family-owned guest house is in Reykjavik is just 1476 feet from the shopping Laugavegur Street.

    From $183.19 per night
  • Scored out of 10, guest rating 8.0
    Very Good - What previous guests thought, 470 reviews

    Day Dream L23 Guesthouse features accommodations within half a mile of the center of Reykjavík, with free Wifi and a kitchenette with a microwave, a fridge, and a stovetop.

    From $257.03 per night
  • Scored out of 10, guest rating 8.7
    Excellent - What previous guests thought, 1,697 reviews

    Located in Reykjavik’s old city center, 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 $198.71 per night

FAQ about cheap hotels in Reykjavík

Cheap hotels that guests love in Reykjavík

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  • Avg. price/night: $223.17
    Scored out of 10, guest rating 8.7
    Excellent - What previous guests thought, 872 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: $183.19
    Scored out of 10, guest rating 7.9
    Good - What previous guests thought, 2,254 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 traveler
  • Scored out of 10, guest rating 8.1
    Very Good - What previous guests thought, 3,574 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