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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
Luis Ayil
From
Mexico
Everything! Simply put, it's a great place to stay!
Scored out of 10, guest rating 9.0
Superb - What previous guests thought, 1,004 reviews
Price from
US$119.78
1 night, 2 adults

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.

N
Noemi Del Prieste
From
Spain
Incredible experience. The best hostel I've ever been. The team was so professional and friendly, everything was always clean, beds so comfortable. Perfect location. Loved it.
Scored out of 10, guest rating 9.3
Superb - What previous guests thought, 903 reviews
Price from
US$132.46
1 night, 2 adults

Apartments Reykjavik

Vesturbær, Reykjavík

Apartments Reykjavik in Reykjavík provides adults-only accommodation with a garden and barbecue facilities. With garden views, this accommodation features a patio.

A
Anastasia
From
Latvia
Very spasious and comfy. Good location and helpful host.
Scored out of 10, guest rating 8.8
Fabulous - What previous guests thought, 1,359 reviews
Price from
US$126.86
1 night, 2 adults

Day Dream Vesturgata 17 Reykjavik

Vesturbær, Reykjavík

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.

Ö
Örn
From
Iceland
How short it was to go downtown
Scored out of 10, guest rating 8.0
Very good - What previous guests thought, 1,168 reviews
Price from
US$130.63
1 night, 2 adults

Hostel B47

Reykjavík 101, Reykjavík

Situated in Reykjavík, 2.5 km from Nauthólsvík Geothermal Beach, Hostel B47 features accommodation with a garden, free private parking, a shared lounge and a terrace.

A
Ana
From
Slovenia
Excellent location, friendly staff and perfectly clean hostel with excellent house rules.
Scored out of 10, guest rating 8.0
Very good - What previous guests thought, 5,050 reviews
Price from
US$124.58
1 night, 2 adults

KEX Hostel and Hotel

Reykjavík 101, Reykjavík

Set just 250 meters from Laugarvegur shopping street, this central Reykjavik hostel offers guest rooms and dormitory rooms with free Wi-Fi access. Harpa Concert Hall is 1 km away.

P
Parela
From
China
The location of the youth hostel is very good, cost-effective and the sanitary conditions are also very good. The hostel is also equipped with enough toilets and bathrooms, and it did not feel crowded. There is also a fully equipped kitchen.
Scored out of 10, guest rating 8.0
Very good - What previous guests thought, 4,537 reviews
Price from
US$130.05
1 night, 2 adults

Stay Apartments Einholt

Reykjavík East, Reykjavík

Located in central Reykjavik, Stay Apartments Einholt offers stylish apartments with a kitchenette, flat-screen TV and free WiFi internet. The main shopping street, Laugavegur, is 300 metres away.

S
Suzannah
From
Canada
Clean rooms with a kitchenette.
Scored out of 10, guest rating 8.1
Very good - What previous guests thought, 1,633 reviews
Price from
US$181.14
1 night, 2 adults

Stay Apartments Bolholt

Reykjavík East, Reykjavík

Stay Apartments Bolholt is situated 25 minutes’ walk from Reykjavik city centre. It offers self-service studios, some with magnificent bay and mountain views.

M
Marko
From
Finland
Stylish, comfortable and clean room, code locks, free parking and good location: walking distance from city center, and easy access to highways. Additional plus for Loving Hut restaurant next door, which offers unbeatable quality/price ratio nearby. Grocery shop also near.
Scored out of 10, guest rating 8.5
Very good - What previous guests thought, 1,233 reviews
Price from
US$199.72
1 night, 2 adults

Day Dream L23 Guesthouse

Reykjavík 101, Reykjavík

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.

M
Matt T.
From
United States
The location was within easy walking distance to anything that one could want to see our do. From a laundromat, major shopping and restaurants, the waterfront, parks and the city business district 8 minutes away (all in different locations 🙂) to Hallgrimskirkja, practically right outside the door. The neighborhood is quiet, the staff is friendly and helpful, and the list of options for your day very wide.
Scored out of 10, guest rating 8.0
Very good - What previous guests thought, 508 reviews
Price from
US$127.49
1 night, 2 adults

Day Dream Historical Grjótagata 4

Reykjavík 101, Reykjavík

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.

E
Elizaveta
From
Hungary
Absolutely loved staying here! The studio is amazing and its location is perfect if you want to stay on a quiet street just outside the city centre. Will definitely come back.
Scored out of 10, guest rating 8.2
Very good - What previous guests thought, 297 reviews
Price from
US$198.38
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 8.9
Fabulous - What previous guests thought, 2,745 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.8
Fabulous - What previous guests thought, 1,362 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.6
Fabulous - What previous guests thought, 3,214 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.5
Very good - What previous guests thought, 3,399 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.0
Very good - What previous guests thought, 5,049 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.0
Very good - What previous guests thought, 2,581 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.1
Very good - What previous guests thought, 3,750 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.0
Very good - What previous guests thought, 4,537 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 7.9
Good - What previous guests thought, 3,772 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.2
Very good - What previous guests thought, 6,866 reviews

Enjoy breakfast in Reykjavík and nearby

Scored out of 10, guest rating 9.2
Superb - What previous guests thought, 545 reviews

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

Scored out of 10, guest rating 9.0
Superb - What previous guests thought, 468 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$314.44 per night
Scored out of 10, guest rating 9.1
Superb - What previous guests thought, 842 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$384.87 per night
Scored out of 10, guest rating 8.9
Fabulous - What previous guests thought, 2,745 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$199.72 per night

Exeter Hotel

Reykjavík
Breakfast options
Scored out of 10, guest rating 8.7
Fabulous - What previous guests thought, 2,757 reviews

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

From US$245 per night
Scored out of 10, guest rating 8.8
Fabulous - What previous guests thought, 519 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$287.59 per night
Scored out of 10, guest rating 8.6
Fabulous - What previous guests thought, 3,214 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$214.24 per night

Hotel Ódinsvé

Reykjavík
Breakfast options
Scored out of 10, guest rating 8.3
Very good - What previous guests thought, 1,297 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$215.39 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, 17 reviews

Located in the centre of Reykjavík, Amazing Design Apartment in Downtown Reykjavik provides accommodation with free WiFi in a historic building.

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$209.12 per night
Scored out of 10, guest rating 9.2
Superb - What previous guests thought, 602 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$375.05 per night
Scored out of 10, guest rating 8.7
Fabulous - What previous guests thought, 784 reviews

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

Scored out of 10, guest rating 8.1
Very good - What previous guests thought, 272 reviews

Located within 700 metres of Hallgrímskirkja Church and less than 1 km of Solfar Sun Voyager in the centre of Reykjavík, Odinn Reykjavik Skolavordustigur Apartments provides accommodation with free...

From US$284.48 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.

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$246.57 per night
Scored out of 10, guest rating 9.1
Superb - What previous guests thought, 342 reviews

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

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, 138 reviews

Set in the centre of Reykjavík, just 500 metres from Hallgrímskirkja Church and less than 1 km from Solfar Sun Voyager, Perfect Apartment in the Heart of Reykjavík offers accommodation with city views...

Scored out of 10, guest rating 7.9
Good - What previous guests thought, 1,237 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$168.60 per night
Scored out of 10, guest rating 8.5
Very good - What previous guests thought, 2,644 reviews

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

From US$237.40 per night
Scored out of 10, guest rating 8.4
Very good - What previous guests thought, 76 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 10
Exceptional - What previous guests thought, 3 reviews

Situated 400 metres from Solfar Sun Voyager and 800 metres from Hallgrímskirkja Church in the centre of Reykjavík, Down town, Ocean view, free park features accommodation with free WiFi and free...

Scored out of 10, guest rating 8.5
Very good - What previous guests thought, 1,592 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$214.88 per night
Scored out of 10, guest rating 8.8
Fabulous - What previous guests thought, 2,065 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$267.06 per night
Scored out of 10, guest rating 8.6
Fabulous - What previous guests thought, 1,659 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$181.14 per night

FAQ about cheap hotels in Reykjavík

Cheap hotels that guests love in Reykjavík

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Avg. price/night: US$185.90
Scored out of 10, guest rating 8.7
Fabulous - What previous guests thought, 899 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$118.16
Scored out of 10, guest rating 8.1
Very good - What previous guests thought, 3,750 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