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.

E
Elsabe
From
South Africa
Very clean, beautiful modern interior, clean bathrooms
Scored out of 10, guest rating 9.3
Superb - What previous guests thought, 814 reviews
Price from
US$120.83
1 night, 2 adults

Hlemmur Suites

Reykjavík East, Reykjavík

Offering city views, Hlemmur Suites is an accommodation located in Reykjavík, less than 1 km from Solfar Sun Voyager and a 9-minute walk from Hallgrímskirkja Church.

M
Mazlan
From
Singapore
I totally loved this apartment during my 2 weeks stay here in Iceland. Just next to the downtown shopping street, the location is within walking distance to many other amenities. The food and convenience store is just right below. The apartment itself is a great one. Clean and spacious enough for the 2 of us. And not forgetting the beautiful view you get ( I managed to catch the Northern lights from my room!). All in all, what a stay and I'll definitely be getting the same place for my next stay here in Iceland.
Scored out of 10, guest rating 9.0
Superb - What previous guests thought, 495 reviews
Price from
US$256
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...

R
Ran
From
China
It’s a super nice studio, everything equipped, clean and tidy, warm like a home. The hostess is very friendly and nice. I’m really glad that I’ve spent a wonderful night there :)
Scored out of 10, guest rating 9.5
Exceptional - What previous guests thought, 144 reviews
Price from
US$227.61
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.

D
David
From
Spain
This is a very confortable apartment, close to the city center, but in a very quiet zone. The apartment is big enought, has 2 good rooms with large beds, and is very well equipped. Highly recommended
Scored out of 10, guest rating 9.6
Exceptional - What previous guests thought, 120 reviews
Price from
US$405.34
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.

m
medgya
From
Hungary
Brand new apartment for value price. Good location, 10 min walks to center. Free Nespresso, biscuits and perfect kitchen facilities. Beds are comfortable. The owner is helpful. Good for family travellers or friends.
Scored out of 10, guest rating 9.3
Superb - What previous guests thought, 133 reviews
Price from
US$512.01
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.

A
ALEKSANDRS
From
Latvia
The apartment is perfectly located not far from city center in the direction of starting car trips to main attractions, so it takes less than 10 minutes to get out of the city. There are few good restaurants, bars, a food court, some stores and quick pizza to go within 5 minutes walking. The parking is always available just near the building or on the opposite side of the road. The host arranged early check-in on our request, he provided all the necessary info about the apartment and the equipment, which made our stay convenient from very beginning. The apartment is new, very clean and has all the necessary equipment. Just perfect, thank you.
Scored out of 10, guest rating 9.6
Exceptional - What previous guests thought, 175 reviews
Price from
US$405.34
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.

E
Elena
From
Germany
Very nice, clean and comfortable apartments with modern design and a lot of space for a big family. There is everything that travelers need in the apartments. Great location on a street with many shops and restaurants. There is a very good caffe for breakfast and lunch just on the opposite side of the street. Highly recommend the apartments.
Scored out of 10, guest rating 9.1
Superb - What previous guests thought, 121 reviews
Price from
US$489.61
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
MariaGiadaC
From
United Kingdom
The apartment is stunning, modern, cozy and warm. Fully equipped kitchen with coffee and tea. Super comfortable beds We really appreciated the coffee machine with the Lavazza coffee pods. The apartment was already available for the check in at 12pm
Scored out of 10, guest rating 9.0
Superb - What previous guests thought, 248 reviews
Price from
US$260.74
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 9.3
Superb - What previous guests thought, 149 reviews
Price from
US$298.67
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, 300 reviews
Price from
US$297.60
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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  • Popular with guests booking cheap hotels in Reykjavík

    Scored out of 10, guest rating 8.7
    Fabulous - What previous guests thought, 2,971 reviews
  • Popular with guests booking cheap hotels in Reykjavík

    Scored out of 10, guest rating 8.9
    Fabulous - What previous guests thought, 863 reviews
  • Popular with guests booking cheap hotels in Reykjavík

    Scored out of 10, guest rating 8.0
    Very good - What previous guests thought, 2,589 reviews
  • Popular with guests booking cheap hotels in Reykjavík

    Scored out of 10, guest rating 8.5
    Very good - What previous guests thought, 3,497 reviews
  • Popular with guests booking cheap hotels in Reykjavík

    Scored out of 10, guest rating 8.4
    Very good - What previous guests thought, 3,811 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, 4,588 reviews
  • Popular with guests booking cheap hotels in Reykjavík

    Scored out of 10, guest rating 7.9
    Good - What previous guests thought, 3,774 reviews
  • Popular with guests booking cheap hotels in Reykjavík

    Scored out of 10, guest rating 8.1
    Very good - What previous guests thought, 6,892 reviews
  • Popular with guests booking cheap hotels in Reykjavík

    Scored out of 10, guest rating 8.1
    Very good - What previous guests thought, 3,553 reviews

Enjoy breakfast in Reykjavík and nearby

  • Scored out of 10, guest rating 9.1
    Superb - What previous guests thought, 478 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$406.66 per night
  • Scored out of 10, guest rating 8.9
    Fabulous - What previous guests thought, 2,781 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$264.12 per night
  • Exeter Hotel

    Reykjavík
    Breakfast options
    Scored out of 10, guest rating 8.7
    Fabulous - What previous guests thought, 2,848 reviews

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

    From US$323.56 per night
  • Scored out of 10, guest rating 8.6
    Fabulous - What previous guests thought, 3,201 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$384.49 per night
  • Hotel Ódinsvé

    Reykjavík
    Breakfast options
    Scored out of 10, guest rating 8.3
    Very good - What previous guests thought, 1,290 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$313.49 per night
  • Hotel Frón

    Reykjavík
    Breakfast options
    Scored out of 10, guest rating 8.3
    Very good - What previous guests thought, 2,493 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
    Fabulous - What previous guests thought, 863 reviews

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

    From US$153.86 per night
  • Scored out of 10, guest rating 8.8
    Fabulous - What previous guests thought, 2,131 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$343.71 per night

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

  • Scored out of 10, guest rating 9.1
    Superb - What previous guests thought, 16 reviews

    In the centre of Reykjavík, located within a short distance of Solfar Sun Voyager and Hallgrímskirkja Church, Most Desirable Penthouse in Reykjavík offers free WiFi, air conditioning and household...

  • Scored out of 10, guest rating 9.5
    Exceptional - What previous guests thought, 34 reviews

    Situated less than 1 km from Solfar Sun Voyager and a 12-minute walk from Hallgrímskirkja Church in the centre of Reykjavík, Cozy Lux 2BR & 2BA City Center with Free Parking features accommodation...

  • Scored out of 10, guest rating 8.4
    Very good - What previous guests thought, 1,693 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$219.02 per night
  • Scored out of 10, guest rating 9.2
    Superb - What previous guests thought, 585 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$427.86 per night
  • 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.

    From US$362.08 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$328.48 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$637.99 per night
  • Scored out of 10, guest rating 8.8
    Fabulous - What previous guests thought, 534 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$410.20 per night

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

  • Scored out of 10, guest rating 7.9
    Good - What previous guests thought, 1,241 reviews

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

    From US$211.68 per night
  • Scored out of 10, guest rating 7.8
    Good - What previous guests thought, 93 reviews

    Attractively situated in Reykjavík, Downtown Reykjavík Baldursbrá Holiday Home features express check-in and check-out and parking on-site.

  • Scored out of 10, guest rating 8.5
    Very good - What previous guests thought, 2,560 reviews

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

    From US$313.19 per night
  • Scored out of 10, guest rating 8.4
    Very good - What previous guests thought, 1,600 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 US$325.97 per night
  • Scored out of 10, guest rating 7.9
    Good - What previous guests thought, 2,256 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$176.59 per night
  • Scored out of 10, guest rating 8.2
    Very good - What previous guests thought, 197 reviews

    Iðunn Apartments by Heimaleiga provides accommodation within 1.1 km of the centre of Reykjavík, with free WiFi, and a kitchen with a dishwasher, an oven and a microwave.

    From US$474.54 per night
  • Scored out of 10, guest rating 9.5
    Exceptional - What previous guests thought, 15 reviews

    Situated in the Vesturbær district of Reykjavík, Reykjavik Luxury Hotel Apartments KARTULI features a terrace. Both free WiFi and parking on-site are accessible at the apartment free of charge.

    From US$504.30 per night
  • Scored out of 10, guest rating 8.8
    Fabulous - What previous guests thought, 322 reviews

    Alfred's Studio Apartments offers self-catering accommodation just 100 metres from Reykjavík's main shopping street, Laugavegur. WiFi access is free.

    From US$292.44 per night

FAQ about cheap hotels in Reykjavík

Cheap hotels that guests love in Reykjavík

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  • Avg. price/night: US$311.71
    Scored out of 10, guest rating 8.7
    Fabulous - What previous guests thought, 869 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$176.59
    Scored out of 10, guest rating 7.9
    Good - What previous guests thought, 2,256 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$174.69
    Scored out of 10, guest rating 8.1
    Very good - What previous guests thought, 3,553 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