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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.

A
Andrea
From
Australia
Brilliant idea, great setup and very friendly staff!
Scored out of 10, guest rating 9.0
Superb - What previous guests thought, 1,115 reviews
Price from
US$114.69
1 night, 2 adults

Hotel Lotus

Hotel in Reykjavík East, Reykjavík

Set an 8-minute drive from central Reykjavik, this hotel offers free parking and brightly decorated rooms with a flat-screen TV and free Wi-Fi access. Kringlan Shopping Centre is 1 km away.

J
Jules S.
From
Germany
Lovely new hotel, rooms with great nordic design. Breakfast was excellent and the owner kindly offered to print out some documents ahead of my flight. Overall, highly recommended.
Scored out of 10, guest rating 9.0
Superb - What previous guests thought, 1,380 reviews
Price from
US$237.91
1 night, 2 adults

Nordic Hostel

Reykjavík 101, Reykjavík

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

J
Jia Kai
From
Malaysia
- clean, chic, good location, amazing internal decors, privacy blind for each bed
Scored out of 10, guest rating 9.3
Superb - What previous guests thought, 958 reviews
Price from
US$101.26
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...

a
ann marie
From
Ireland
We like our friendly host Lara & her attend to detail. Good location and price
Scored out of 10, guest rating 9.5
Exceptional - What previous guests thought, 167 reviews
Price from
US$245.46
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 9.5
Exceptional - What previous guests thought, 132 reviews
Price from
US$292.46
1 night, 2 adults

Iceland SJF Apartments - 301

Reykjavík East, Reykjavík

Set in Reykjavík, 2.9 km from Nauthólsvík Geothermal Beach and 1.4 km from Solfar Sun Voyager, Iceland SJF Apartments - 301 offers air-conditioned accommodation with a balcony and free WiFi.

C
Craig
From
Australia
The apartment was well located, with groceries and restaurants close by. It was big enough to fit three adults in comfort.
Scored out of 10, guest rating 9.5
Exceptional - What previous guests thought, 100 reviews
Price from
US$673.12
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.

T
Taryn
From
Australia
Conveniently located, great to have laundry facilities and free parking outside.
Scored out of 10, guest rating 9.2
Superb - What previous guests thought, 140 reviews
Price from
US$240.23
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, 184 reviews
Price from
US$313.35
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 9.0
Superb - What previous guests thought, 134 reviews
Price from
US$479.42
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...

K
Kamila
From
Poland
A very pleasant apartment, comfortably and nicely furnished. Complimentary tea, coffee and chocolate for the kids. Effortless communication with the owner. Nothing to complain about!
Scored out of 10, guest rating 9.0
Superb - What previous guests thought, 253 reviews
Price from
US$324.95
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, 2,763 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.5
Very good - What previous guests thought, 2,720 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.0
Very good - What previous guests thought, 5,012 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.6
Fabulous - What previous guests thought, 3,215 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.1
Very good - What previous guests thought, 3,876 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.5
Very good - What previous guests thought, 3,350 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.8
Fabulous - What previous guests thought, 1,421 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 7.9
Good - What previous guests thought, 3,802 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.0
Very good - What previous guests thought, 4,456 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.2
Very good - What previous guests thought, 6,826 reviews

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

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$211.24 per night
Scored out of 10, guest rating 8.9
Fabulous - What previous guests thought, 2,763 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$152.61 per night

Exeter Hotel

Reykjavík
Central location
Scored out of 10, guest rating 8.8
Fabulous - What previous guests thought, 2,588 reviews

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

From US$204.26 per night
Scored out of 10, guest rating 8.2
Very good - What previous guests thought, 232 reviews

In the centre of Reykjavík, Reykjavik Antique Rentals provides rooms with free WiFi.

From US$323.79 per night
Scored out of 10, guest rating 7.9
Good - What previous guests thought, 1,236 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$121.86 per night
Scored out of 10, guest rating 8.5
Very good - What previous guests thought, 2,720 reviews

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

From US$233.04 per night
Scored out of 10, guest rating 8.0
Very good - What previous guests thought, 555 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$197.29 per night
Scored out of 10, guest rating 8.4
Very good - What previous guests thought, 185 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$364.88 per night

Enjoy breakfast in Reykjavík and nearby

Scored out of 10, guest rating 8.1
Very good - What previous guests thought, 910 reviews

Situated in Reykjavík, 2.6 km from Nauthólsvík Geothermal Beach and 300 metres from the centre, Day Dream Soleyjargata Rooms & Apartments features air-conditioned accommodation with free WiFi, and a...

From US$195.84 per night

Alba Guesthouse

Reykjavík
Breakfast options
Scored out of 10, guest rating 7.9
Good - What previous guests thought, 1,485 reviews

This guest house offers free Wi-Fi and parking, plus a communal lounge and terrace. Reykjavík Domestic Airport and BSÍ Bus Terminal are within 3 minutes’ drive.

From US$125.34 per night

B18 Apartments

Reykjavík
Breakfast options
Scored out of 10, guest rating 8.7
Fabulous - What previous guests thought, 922 reviews

Offering sea views, B18 Apartments is an accommodation located in Reykjavík, 2.9 km from Nauthólsvík Geothermal Beach and 1.2 km from Hallgrímskirkja Church.

From US$185.80 per night
Scored out of 10, guest rating 8.7
Fabulous - What previous guests thought, 983 reviews

This design hotel is located 1 km from Laugardalur Family Park. It offers free underground parking and brightly decorated rooms with a flat-screen TV and free WiFi access.

From US$251.96 per night
Scored out of 10, guest rating 8.2
Very good - What previous guests thought, 6,826 reviews

Featuring free parking, this hotel in Kopavogur offers self-service check-in for convenience and rooms with free WiFi. It is a 9-minute walk from Smáralind Shopping Center.

From US$186.96 per night
Scored out of 10, guest rating 9.1
Superb - What previous guests thought, 564 reviews

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

From US$260.50 per night
Scored out of 10, guest rating 9.0
Superb - What previous guests thought, 445 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$253.81 per night
Scored out of 10, guest rating 9.1
Superb - What previous guests thought, 895 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$259.62 per night

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

Scored out of 10, guest rating 8.7
Fabulous - What previous guests thought, 326 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$209.13 per night
Scored out of 10, guest rating 8.4
Very good - What previous guests thought, 663 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$227.87 per night
Scored out of 10, guest rating 8.5
Very good - What previous guests thought, 841 reviews

Set in the centre of Reykjavík, Svala Apartments by Heimaleiga offers rooms with free WiFi. There is a private entrance at the apartment for the convenience of those who stay.

From US$218.47 per night
Scored out of 10, guest rating 8.0
Very good - What previous guests thought, 4,456 reviews

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.

From US$113.73 per night
Scored out of 10, guest rating 8.5
Very good - What previous guests thought, 76 reviews

Baron Downtown Apartments offers 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$260.54 per night
Scored out of 10, guest rating 8.4
Very good - What previous guests thought, 558 reviews

Located in the centre of Reykjavík, Saga Studios by Heimaleiga provides rooms with free WiFi. It is situated 2.7 km from Nauthólsvík Geothermal Beach and offers a lift.

From US$226.31 per night
Scored out of 10, guest rating 8.4
Very good - What previous guests thought, 174 reviews

Eiriksgata Apartments by Heimaleiga features rooms with free WiFi in the centre of Reykjavík. Guests staying at this apartment have access to a patio. The apartment features family rooms.

From US$244.88 per night
Scored out of 10, guest rating 8.9
Fabulous - What previous guests thought, 596 reviews

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.

From US$216.33 per night

FAQ about cheap hotels in Reykjavík

Cheap hotels that guests love in Reykjavík

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Avg. price/night: US$185.80
Scored out of 10, guest rating 8.7
Fabulous - What previous guests thought, 922 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$105.61
Scored out of 10, guest rating 8.0
Very good - What previous guests thought, 2,211 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$113.05
Scored out of 10, guest rating 8.1
Very good - What previous guests thought, 3,876 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