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.

H
Hovsep
From
Armenia
Very nice hostel with nice and helpful staff. Excellent spot for solo travelers
Scored out of 10, guest rating 9.3
Wonderful - What previous guests thought, 846 reviews
Price from
$120.19
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...

S
Sean
From
United States
The apartment was well stocked and comfortable. We only stayed one night as a last minute necessity but having stayed that one night we would book this place for our full stay next time. We stayed in the center which was more convenient but after all is said and done this place was a much better deal in a quiet area away from all the other tourists. Highly recommended for a solo person or couple traveling. 10/10.
Scored out of 10, guest rating 9.5
Exceptional - What previous guests thought, 146 reviews
Price from
$186.94
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, 121 reviews
Price from
$399.87
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.

J
Joshua van Moorsel
From
Australia
Clear communication. Clean apartment. Good facilities. Great location. Free parking nearby. We would absolutely stay here again!!
Scored out of 10, guest rating 9.3
Wonderful - What previous guests thought, 133 reviews
Price from
$505.09
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.

A
Azenith
From
Philippines
Well equiped, spacious and clean apartment. Laundry room is available to wash and dry clothes. Huge TV in the living room. Coffee machine with pods. The instructions given for check in is clear.
Scored out of 10, guest rating 9.6
Exceptional - What previous guests thought, 177 reviews
Price from
$399.87
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, 124 reviews
Price from
$483
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.

H
Haŋŋah
From
United States
Thorgeir was extremely communicative before our check-in, and answered all questions promptly. The apartment was very clean and inviting. Highly recommend as an alternative to a hotel for visiting the area.
Scored out of 10, guest rating 9.0
Wonderful - What previous guests thought, 250 reviews
Price from
$257.22
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.

T
Taskeen
From
United Arab Emirates
Location and very helpful owner.
Scored out of 10, guest rating 9.3
Wonderful - What previous guests thought, 152 reviews
Price from
$294.64
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, 308 reviews
Price from
$188.46
1 night, 2 adults

Overlooking the city, bright & cozy - Free Parking (A2)

Reykjavík East, Reykjavík

Overlooking the city, bright & cozy - Free Parking (A2) offers accommodations in Reykjavík, 2.2 miles from Solfar Sun Voyager and 2.6 miles from Hallgrímskirkja Church.

S
Stephen
From
Canada
Great view of Reykjavik with a very comfortable bed. The location is a few kilometres out of Reykjavik but easily accessible by bus. The suite was very clean and just the right size for a couple.
Scored out of 10, guest rating 9.1
Wonderful - What previous guests thought, 153 reviews
Price from
$163.10
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 7.9
    Good - What previous guests thought, 3,381 reviews
  • Popular with guests booking cheap hotels in Reykjavík

    Scored out of 10, guest rating 8.5
    Very Good - What previous guests thought, 3,467 reviews
  • Popular with guests booking cheap hotels in Reykjavík

    Scored out of 10, guest rating 8.0
    Very Good - What previous guests thought, 2,582 reviews
  • Popular with guests booking cheap hotels in Reykjavík

    Scored out of 10, guest rating 8.4
    Very Good - What previous guests thought, 4,465 reviews
  • Popular with guests booking cheap hotels in Reykjavík

    Scored out of 10, guest rating 8.4
    Very Good - What previous guests thought, 3,820 reviews
  • Popular with guests booking cheap hotels in Reykjavík

    Scored out of 10, guest rating 8.1
    Very Good - What previous guests thought, 5,056 reviews
  • Popular with guests booking cheap hotels in Reykjavík

    Scored out of 10, guest rating 7.9
    Good - What previous guests thought, 4,574 reviews
  • Popular with guests booking cheap hotels in Reykjavík

    Scored out of 10, guest rating 8.1
    Very Good - What previous guests thought, 3,618 reviews
  • Popular with guests booking cheap hotels in Reykjavík

    Scored out of 10, guest rating 8.1
    Very Good - What previous guests thought, 6,902 reviews
  • Popular with guests booking cheap hotels in Reykjavík

    Scored out of 10, guest rating 7.9
    Good - What previous guests thought, 3,781 reviews

Enjoy breakfast in Reykjavík and nearby

  • Scored out of 10, guest rating 9.1
    Wonderful - What previous guests thought, 476 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 $534.05 per night
  • Scored out of 10, guest rating 9.1
    Wonderful - What previous guests thought, 809 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 $425.67 per night
  • Scored out of 10, guest rating 8.9
    Excellent - What previous guests thought, 2,754 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 $387.62 per night
  • Exeter Hotel

    Reykjavík
    Breakfast options
    Scored out of 10, guest rating 8.7
    Excellent - What previous guests thought, 2,803 reviews

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

    From $329.71 per night
  • Scored out of 10, guest rating 8.6
    Excellent - What previous guests thought, 3,205 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 $305.65 per night
  • Hotel Ódinsvé

    Reykjavík
    Breakfast options
    Scored out of 10, guest rating 8.3
    Very Good - What previous guests thought, 1,285 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 $395.77 per night
  • Hotel Frón

    Reykjavík
    Breakfast options
    Scored out of 10, guest rating 8.3
    Very Good - What previous guests thought, 2,473 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, 913 reviews

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

    From $159.64 per night

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

  • Scored out of 10, guest rating 8.1
    Very Good - What previous guests thought, 289 reviews

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

    From $341.76 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 $203.30 per night
  • Scored out of 10, guest rating 8.4
    Very Good - What previous guests thought, 1,705 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 $208.62 per night
  • Scored out of 10, guest rating 9.2
    Wonderful - What previous guests thought, 590 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 $544.26 per night
  • Scored out of 10, guest rating 9.2
    Wonderful - What previous guests thought, 651 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.

  • Scored out of 10, guest rating 8.1
    Very Good - What previous guests thought, 1,182 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 $252.66 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 $693.16 per night
  • Scored out of 10, guest rating 8.6
    Excellent - What previous guests thought, 1,152 reviews

    In a prime location in the Vesturbær district of Reykjavík, Refurinn Reykjavik Guesthouse is located a 17-minute walk from Hallgrímskirkja Church, one mile from Solfar Sun Voyager and 2.3 miles from...

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

  • Scored out of 10, guest rating 8.9
    Excellent - What previous guests thought, 527 reviews

    Located just a 2-minute walk from Laugavegur Shopping Street, Canopy by Hilton Reykjavik City Center in Reykjavík features a number of amenities including a fitness center and a bar.

    From $385.06 per night
  • Scored out of 10, guest rating 8.9
    Excellent - What previous guests thought, 348 reviews

    Design apartments in the heart of Reykjavik enjoys a location in Reykjavík, 1.6 miles from The Pearl and 30 miles from Blue Lagoon.

    From $420.91 per night
  • Scored out of 10, guest rating 7.9
    Good - What previous guests thought, 1,240 reviews

    Just off the Laugavegur shopping street, Grettir Guest house features self-service check-in. This property is a 5-minute walk from Hallgrimskirkja Church. Free WiFi is available.

  • Scored out of 10, guest rating 7.9
    Good - What previous guests thought, 94 reviews

    1.8 miles from Nauthólsvík Geothermal Beach in the center of Reykjavík, Downtown Reykjavík Baldursbrá Holiday Home offers accommodations with access to a garden.

  • Scored out of 10, guest rating 8.5
    Very Good - What previous guests thought, 2,592 reviews

    All units at The Swan House by Heimaleiga feature a flat-screen TV, wooden floors and minimalist-style decor.

    From $376.37 per night
  • Scored out of 10, guest rating 8.4
    Very Good - What previous guests thought, 74 reviews

    Freyjugata Apartments by Heimaleiga features rooms with free Wifi in the center of Reykjavík.

  • Scored out of 10, guest rating 8.5
    Very Good - What previous guests thought, 1,599 reviews

    Set in a building dating back to 1916, this Reykjavík guest house is within 5 minutes’ walk of the popular Laugavegur shopping street. Both WiFi and private, on-site parking are free.

    From $281.58 per night
  • Scored out of 10, guest rating 8.8
    Excellent - What previous guests thought, 2,106 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 $385.84 per night

FAQ about cheap hotels in Reykjavík

Cheap hotels that guests love in Reykjavík

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  • Avg. price/night: $234.54
    Scored out of 10, guest rating 8.7
    Excellent - What previous guests thought, 879 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: $167.20
    Scored out of 10, guest rating 7.9
    Good - What previous guests thought, 2,245 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
  • Avg. price/night: $159.79
    Scored out of 10, guest rating 8.1
    Very Good - What previous guests thought, 3,618 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