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.

J
Jeso
From
France
Great place, great value. Staff was nice. Place is pretty new so all the amenities are top notch quality. The were some large lockers beneath the bed that can fit 2 suitcases, it was so useful, loved that. Best hostel I did in Iceland !
Scored out of 10, guest rating 9.3
Superb - What previous guests thought, 817 reviews
Location 9.4
Price from
US$119.89
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...

M
Michael
From
Australia
Warm and cosy, well maintained and had a fantastic selection of tea and coffee!
Scored out of 10, guest rating 9.5
Exceptional - What previous guests thought, 144 reviews
Location 9.3
Price from
US$226.15
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.

L
Lauren
From
United Kingdom
Great stay no complaints! The property was large, great for a small group of 4-6 with great living space and bedroom size. After a day out in Iceland coming back to this apartment was fabulous, was warm and cosy. WiFi was great, shops 2 minute walk away and a 20 minute walk into the center. We hired a car and the apartment comes with parking right outside. Hosts were great at replying and we asked for extra towels and they were here within minutes.
Scored out of 10, guest rating 9.6
Exceptional - What previous guests thought, 120 reviews
Location 9.1
Price from
US$402.74
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.

J
Jón Kristinn
From
Iceland
This is the 2nd time I stay with this host, that says a lot about the host.
Scored out of 10, guest rating 9.3
Superb - What previous guests thought, 133 reviews
Location 9.1
Price from
US$508.72
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.

L
Lydia
From
Greece
Very modern and convenient appartment,close to the city centre.Many free parking spaces if you have a car.It looks just like the pictures.I suggest this place if you are staying in Reykjavik!
Scored out of 10, guest rating 9.6
Exceptional - What previous guests thought, 175 reviews
Location 9.2
Price from
US$402.74
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.

G
GiuliaFnn
From
Italy
The apartment is huge, beautifully furnished, fully equipped and in the pedestrian area. The private parking is really useful. We would definitely book again
Scored out of 10, guest rating 9.1
Superb - What previous guests thought, 122 reviews
Location 9.7
Price from
US$486.47
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
Location 8.8
Price from
US$259.07
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.

M
MATEJA
From
Slovenia
Big, spacious and clean apartment. Great location.
Scored out of 10, guest rating 9.3
Superb - What previous guests thought, 149 reviews
Location 9.1
Price from
US$296.76
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.

J
José
From
Portugal
Very comfortable apartment next to city centre, perfect to start or end your Ring Road trip.
Scored out of 10, guest rating 9.1
Superb - What previous guests thought, 300 reviews
Location 9.1
Price from
US$295.70
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...

From
United Kingdom
1. Sofa bed is Large enough for 2 2. Best location 3. Super clean 4. Best host i've ever met. Very generous, kind and thoughtful. Quick respond as well 5. Easy to cook (everything is ready in the kitchen) 6. Nice terrace 7. Radiator works very well. Warm place even in snow storm. 8. Easy access. Lift inside building
Scored out of 10, guest rating 9.9
Exceptional - What previous guests thought, 148 reviews
Location 9.8
Price from
US$243.23
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 8.3
    Very good - What previous guests thought, 1,939 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, 4,486 reviews
  • Popular with guests booking cheap hotels in Reykjavík

    Scored out of 10, guest rating 8.0
    Very good - What previous guests thought, 2,586 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, 5,053 reviews
  • Popular with guests booking cheap hotels in Reykjavík

    Scored out of 10, guest rating 7.9
    Good - What previous guests thought, 4,589 reviews
  • Popular with guests booking cheap hotels in Reykjavík

    Scored out of 10, guest rating 7.9
    Good - What previous guests thought, 3,776 reviews
  • Popular with guests booking cheap hotels in Reykjavík

    Scored out of 10, guest rating 8.1
    Very good - What previous guests thought, 6,888 reviews
  • Popular with guests booking cheap hotels in Reykjavík

    Scored out of 10, guest rating 8.1
    Very good - What previous guests thought, 3,557 reviews

Enjoy breakfast in Reykjavík and nearby

  • Exeter Hotel

    Reykjavík
    Breakfast options
    Scored out of 10, guest rating 8.7
    Fabulous - What previous guests thought, 2,846 reviews

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

    From US$321.48 per night
  • ALVA Apartments

    Reykjavík
    Breakfast options
    Scored out of 10, guest rating 8.6
    Fabulous - What previous guests thought, 700 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.

    From US$272.03 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$344.54 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$320.90 per night
  • Scored out of 10, guest rating 8.9
    Fabulous - What previous guests thought, 870 reviews

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

    From US$162.11 per night
  • Scored out of 10, guest rating 8.8
    Fabulous - What previous guests thought, 2,126 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$341.50 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$175.46 per night
  • Scored out of 10, guest rating 8.0
    Very good - What previous guests thought, 461 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$257.42 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, 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$341.62 per night
  • Scored out of 10, guest rating 9.5
    Exceptional - What previous guests thought, 35 reviews

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

  • 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$217.01 per night
  • Scored out of 10, guest rating 9.2
    Superb - What previous guests thought, 586 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$458.68 per night
  • Scored out of 10, guest rating 8.7
    Fabulous - What previous guests thought, 792 reviews

    Situated minutes away from the city lake in central Reykjavík, Castle House Luxury Apartments is located next to the National Gallery of Iceland.

    From US$266.51 per night
  • Scored out of 10, guest rating 8.0
    Very good - What previous guests thought, 1,195 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$298.52 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$308.88 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$638.67 per night

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

  • 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$407.67 per night
  • Scored out of 10, guest rating 8.5
    Very good - What previous guests thought, 2,564 reviews

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

    From US$315.95 per night
  • Scored out of 10, guest rating 8.5
    Very good - What previous guests thought, 72 reviews

    In the Reykjavík 101 district of Reykjavík, close to Hallgrímskirkja Church, Freyjugata Apartments by Heimaleiga features a terrace and a washing machine.

  • 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$452.90 per night
  • Scored out of 10, guest rating 9.4
    Superb - What previous guests thought, 16 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$501.07 per night
  • Scored out of 10, guest rating 8.8
    Fabulous - What previous guests thought, 321 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$290.56 per night
  • Scored out of 10, guest rating 8.9
    Fabulous - What previous guests thought, 27 reviews

    Located 500 metres from Solfar Sun Voyager and 400 metres from Hallgrímskirkja Church in the centre of Reykjavík, Prime Location Gem in the Heart of Reykjavík provides accommodation with free WiFi and...

  • Scored out of 10, guest rating 8.5
    Very good - What previous guests thought, 639 reviews

    In a central area of Reykjavík, Backyard Apartments by Heimaleiga provides rooms with free WiFi. There is a private entrance at the apartment for the convenience of those who stay.

    From US$286.86 per night

FAQ about cheap hotels in Reykjavík

Cheap hotels that guests love in Reykjavík

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  • Avg. price/night: US$228.81
    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$175.46
    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
  • Scored out of 10, guest rating 8.1
    Very good - What previous guests thought, 3,557 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