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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.

K
Katherine
From
Canada
Staff were amazing, so attentive and friendly. Super clean, awesome location and great facilities!
Scored out of 10, guest rating 9.0
Superb - What previous guests thought, 1,111 reviews
Price from
US$114.69
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.

C
Claudio
From
Portugal
The hostel feels more like a hotel, the interior design is really superior, the common spaces as well as the bedrooms. The beds are super comfortable, and the blinds block the lights in an excellent way, which is a must if you travel during summer, and to have a restoring sleep. The location is also perfect, the staff is very very kind and ready to help.
Scored out of 10, guest rating 9.3
Superb - What previous guests thought, 957 reviews
Price from
US$101.36
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.

A
Alison
From
United Kingdom
Lovely, well equipped, comfortable, modern apartment in good location easily walkable to central Reykjavik and main attractions. Easy to access the apartment with instructions from the host, who responded very promptly to our questions and we were able to access the apartment by lunchtime on arrival day which was really helpful. Nice balcony which gets the sun - we were able to sit outside in mid September. Free parking on the street 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

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.

B
Battyanyi
From
Iceland
Everything was better than expected.
Scored out of 10, guest rating 8.8
Fabulous - What previous guests thought, 1,420 reviews
Price from
US$126.79
1 night, 2 adults

Baron's Hostel

Reykjavík 101, Reykjavík

Baron's Hostel is well set in Reykjavík, and features a garden, free WiFi and a shared lounge.

E
Eleonora
From
Argentina
The Hostel is close to the famous church, only 5 minutes, and the people at the reception are so kind, They suggested me the Best tours to do, Amazing experience!
Scored out of 10, guest rating 8.4
Very good - What previous guests thought, 3,799 reviews
Price from
US$153.13
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.

E
Elena
From
Qatar
Everything was wonderful, very warm, amazing location and would definitely recommend it. Storage room was useful and everything went well for us.
Scored out of 10, guest rating 8.1
Very good - What previous guests thought, 1,139 reviews
Price from
US$113.15
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, 554 reviews
Price from
US$122.21
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.

J
Julia
From
Germany
It was very clean and a very beautiful Apartment. We had a wonderful stay. Communication was fast and very good.
Scored out of 10, guest rating 8.3
Very good - What previous guests thought, 297 reviews
Price from
US$188.42
1 night, 2 adults

Day Dream Soleyjargata Rooms & Apartments

Reykjavík 101, Reykjavík

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...

V
Veronika
From
Ireland
I was very pleasantly surprised by my stay at this guesthouse. After requesting, we had the option of an earlier check-in which was really great. Check-in was easy thanks to the information that came in the message. The room was clean, cozy, towels and a hairdryer. The private bathroom is a big bonus. The room also has a fridge, coffee maker and kettle. There is a kitchen with dishes and a storage room for suitcases downstairs if you need them. Quick arrangement. Perfect location two minutes from the bus station, about 10 minutes from the center, 5 minutes from a beautiful park. We will definitely be back.
Scored out of 10, guest rating 8.1
Very good - What previous guests thought, 910 reviews
Price from
US$126.21
1 night, 2 adults

cozy apartment

Reykjavík East, Reykjavík

Cozy apartment is situated in Reykjavík, less than 1 km from Hallgrímskirkja Church, 2.1 km from The Pearl, as well as 200 metres from Laugavegur Shopping Street.

F
Felix
From
Germany
Small basic but cute appartment with everything I needed. Supermarket and nice restaurants in walking distance and very clean.
Scored out of 10, guest rating 8.4
Very good - What previous guests thought, 16 reviews
Price from
US$184.25
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, 2,762 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.5
Very good - What previous guests thought, 2,718 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.0
Very good - What previous guests thought, 5,013 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.6
Fabulous - What previous guests thought, 3,212 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.1
Very good - What previous guests thought, 3,872 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.5
Very good - What previous guests thought, 3,359 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.8
Fabulous - What previous guests thought, 1,420 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 7.9
Good - What previous guests thought, 3,809 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.0
Very good - What previous guests thought, 4,460 reviews

Popular with guests booking cheap hotels in Reykjavík

Scored out of 10, guest rating 8.2
Very good - What previous guests thought, 6,827 reviews

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, 447 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 8.3
Very good - What previous guests thought, 297 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$265.42 per night
Scored out of 10, guest rating 10
Exceptional - What previous guests thought, 5 reviews

Located in Reykjavík, less than 1 km from Hallgrímskirkja Church, 3.4 km from The Pearl and 49 km from Blue Lagoon, Luxury Central Apartment provides accommodation with a balcony and free WiFi.

Scored out of 10, guest rating 8.5
Very good - What previous guests thought, 23 reviews

Reykjavík Rainbow Guesthouse, a property with a terrace, is located in Reykjavík, 3.3 km from The Pearl, 700 metres from Harpa Concert Hall & Conference Centre, as well as less than 1 km from...

From US$148.41 per night
Scored out of 10, guest rating 8.4
Very good - What previous guests thought, 1,718 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$211.14 per night
Scored out of 10, guest rating 9.2
Superb - What previous guests thought, 604 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$352.81 per night
Scored out of 10, guest rating 8.9
Fabulous - What previous guests thought, 2,762 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
Scored out of 10, guest rating 8.1
Very good - What previous guests thought, 263 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$280.85 per night

Enjoy breakfast in Reykjavík and nearby

Scored out of 10, guest rating 8.1
Very good - What previous guests thought, 1,139 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$191.49 per night

Exeter Hotel

Reykjavík
Breakfast options
Scored out of 10, guest rating 8.8
Fabulous - What previous guests thought, 2,596 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 8.9
Fabulous - What previous guests thought, 513 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$282.61 per night
Scored out of 10, guest rating 8.6
Fabulous - What previous guests thought, 3,212 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$250.30 per night

Hotel Ódinsvé

Reykjavík
Breakfast options
Scored out of 10, guest rating 8.3
Very good - What previous guests thought, 1,311 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$215.28 per night
Scored out of 10, guest rating 8.8
Fabulous - What previous guests thought, 2,002 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$266.93 per night
Scored out of 10, guest rating 8.0
Very good - What previous guests thought, 2,209 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$109.15 per night
Scored out of 10, guest rating 8.0
Very good - What previous guests thought, 554 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

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

Scored out of 10, guest rating 10
Exceptional - What previous guests thought, 1 review

Ranargata Three Bedrooms Apartments has a patio and is set in Reykjavík, within just 1.4 km of Solfar Sun Voyager and 400 metres of Reykjavik Old Harbour.

From US$439.85 per night
Scored out of 10, guest rating 8.6
Fabulous - What previous guests thought, 740 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$236.75 per night
Scored out of 10, guest rating 7.9
Good - What previous guests thought, 353 reviews

Odinn Apartments is situated in Reykjavík, 300 metres from Hallgrímskirkja Church and 700 metres from Harpa Concert Hall & Conference Centre.

From US$423.60 per night
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$121.28 per night
Scored out of 10, guest rating 8.7
Fabulous - What previous guests thought, 67 reviews

Situated in Reykjavík, near Hallgrímskirkja Church, Harpa Concert Hall & Conference Centre and Reykjavik Old Harbour, Penthouse Downtown with Free Parking features a terrace.

Scored out of 10, guest rating 8.2
Very good - What previous guests thought, 83 reviews

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

From US$226.31 per night
Scored out of 10, guest rating 8.5
Very good - What previous guests thought, 2,718 reviews

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

From US$234.61 per night
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...

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$109.15
Scored out of 10, guest rating 8.0
Very good - What previous guests thought, 2,209 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$112.99
Scored out of 10, guest rating 8.1
Very good - What previous guests thought, 3,872 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