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Cheap hotels in Reykjavík

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The best cheap hotels in Reykjavík

Check out our pick of great cheap hotels in Reykjavík

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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.

D
Dusanee
From
Thailand
Convenient Location, friendly staff and good breakfast.
Scored out of 10, guest rating 9.0
Superb - What previous guests thought, 1,358 reviews
Price from
US$237.89
1 night, 2 adults
Check availability

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.

N
Natalia
From
Moldova
24-hour desk is great to have; the host was so helpful in getting us checked in and showing where's what. Being tired and sleep-deprived after a long travel, and arriving in the middle of the night, it sure was welcome. All the facilities are clean and well planned out. The bed is very comfortable. The whole place is very clean and feels very safe. I would definitely recommend for a solo female traveler.
Scored out of 10, guest rating 9.0
Superb - What previous guests thought, 996 reviews
Price from
US$119.71
1 night, 2 adults
Check availability

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.

谢
谢
From
Denmark
I had a fantastic stay at this hostel! The rooms were clean and well-maintained, with all the amenities you could need. The beds were incredibly comfortable with privacy, and the staff was friendly and always ready to help, making me feel right at home. The location was also super convenient, close to city center and public transport. Highly recommend this place to anyone visiting the area!
Scored out of 10, guest rating 9.3
Superb - What previous guests thought, 899 reviews
Price from
US$132.77
1 night, 2 adults
Check availability

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, 159 reviews
Price from
US$245.44
1 night, 2 adults
Check availability

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.

J
Jose
From
France
Excellent place, clean, silent and near city centre.
Scored out of 10, guest rating 9.6
Exceptional - What previous guests thought, 127 reviews
Price from
US$396.87
1 night, 2 adults
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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.

K
King Shung
From
Singapore
Seamless check-in process, clean and spacious apartment with a fully equipped kitchen and close proximity to the city centre. We would certainly stay here again should we return to Reykjavik!
Scored out of 10, guest rating 9.4
Superb - What previous guests thought, 135 reviews
Price from
US$501.31
1 night, 2 adults
Check availability

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.

E
Emily H
From
Switzerland
1. It was super clean! 2. Owner was very responsive on Booking.com and the instruments on how to enter the building and apartment was well explained 3. Comfy mattresses: I was not well on the first night so was very grateful for a good night’s rest 4. Newly renovated/ built 5. Parking is right by the building entrance! 6. Well-equipped kitchen with quality tea (Pukka） and a Nespresso machine 7. 5 minutes walk to Reykjavik Kitchen 8. 7 minutes walk to the Storm Hotel where we were picked up for the Northern Lights tour
Scored out of 10, guest rating 9.6
Exceptional - What previous guests thought, 181 reviews
Price from
US$396.87
1 night, 2 adults
Check availability

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, 131 reviews
Price from
US$479.38
1 night, 2 adults
Check availability

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...

B
Belen
From
Spain
Everything in the appartment was very clean and we had everything me needed. The host was amazing
Scored out of 10, guest rating 9.0
Superb - What previous guests thought, 251 reviews
Price from
US$324.93
1 night, 2 adults
Check availability

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 9.2
Superb - What previous guests thought, 153 reviews
Price from
US$292.43
1 night, 2 adults
Check availability
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

See all

  • Popular with guests booking cheap hotels in Reykjavík

    Scored out of 10, guest rating 8.4
    Very good - What previous guests thought, 4,398 reviews

  • Popular with guests booking cheap hotels in Reykjavík

    Scored out of 10, guest rating 8.9
    Fabulous - What previous guests thought, 2,748 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 8.5
    Very good - What previous guests thought, 3,401 reviews

  • Popular with guests booking cheap hotels in Reykjavík

    Scored out of 10, guest rating 8.0
    Very good - What previous guests thought, 5,050 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, 3,743 reviews

  • Popular with guests booking cheap hotels in Reykjavík

    Scored out of 10, guest rating 8.0
    Very good - What previous guests thought, 4,539 reviews

  • Popular with guests booking cheap hotels in Reykjavík

    Scored out of 10, guest rating 7.9
    Good - What previous guests thought, 3,770 reviews

  • Popular with guests booking cheap hotels in Reykjavík

    Scored out of 10, guest rating 8.2
    Very good - What previous guests thought, 6,864 reviews

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

  • 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$368.61 per night
  • Scored out of 10, guest rating 9.1
    Superb - What previous guests thought, 839 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$296.66 per night
  • Scored out of 10, guest rating 8.2
    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$302.12 per night
  • Scored out of 10, guest rating 8.4
    Very good - What previous guests thought, 20 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$169.75 per night
  • 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.

  • 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$396.87 per night
  • Scored out of 10, guest rating 8.9
    Fabulous - What previous guests thought, 2,748 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$264.62 per night
  • Scored out of 10, guest rating 8.1
    Very good - What previous guests thought, 273 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$304.04 per night

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

  • 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$282.45 per night
  • Scored out of 10, guest rating 8.0
    Very good - What previous guests thought, 1,168 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$182.77 per night

  • Exeter Hotel

    Reykjavík
    Central location
    Scored out of 10, guest rating 8.7
    Fabulous - What previous guests thought, 2,760 reviews

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

    From US$285.47 per night
  • Scored out of 10, guest rating 8.6
    Fabulous - What previous guests thought, 719 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$242.53 per night
  • 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$307.52 per night
  • Scored out of 10, guest rating 9.0
    Superb - What previous guests thought, 2 reviews

    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.

  • 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.

    From US$209.46 per night
  • Scored out of 10, guest rating 8.8
    Fabulous - What previous guests thought, 521 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$338.29 per night

Enjoy breakfast in Reykjavík and nearby

  • 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$283.36 per night

  • Hotel Ódinsvé

    Reykjavík
    Breakfast options
    Scored out of 10, guest rating 8.3
    Very good - What previous guests thought, 1,296 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$229.19 per night
  • Scored out of 10, guest rating 8.8
    Fabulous - What previous guests thought, 2,068 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$284.31 per night
  • Scored out of 10, guest rating 8.0
    Very good - What previous guests thought, 508 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$207.72 per night
  • Scored out of 10, guest rating 8.6
    Fabulous - What previous guests thought, 1,658 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$181.03 per night
  • Scored out of 10, guest rating 8.7
    Fabulous - What previous guests thought, 1,449 reviews

    Located on Laugavegur shopping street in central Reykjavik, this hotel offers rooms with a flat-screen TV and free WiFi access. Hallgrimskirkja Church is a 5-minute walk away.

    From US$311.82 per night

  • Hotel Vera

    Reykjavík
    Breakfast options
    Scored out of 10, guest rating 8.2
    Very good - What previous guests thought, 1,357 reviews

    Ideally set in the Reykjavík 101 district of Reykjavík, Hotel Vera is situated 500 metres from Hallgrímskirkja Church, 600 metres from Solfar Sun Voyager and 2.5 km from The Pearl.

    From US$258.78 per night
  • Scored out of 10, guest rating 8.6
    Fabulous - What previous guests thought, 3,005 reviews

    Situated in Reykjavík and with Nauthólsvík Geothermal Beach reachable within 2.8 km, Center Hotels Laugavegur features concierge services, non-smoking rooms, a restaurant, free WiFi throughout the...

    From US$270.97 per night

FAQ about cheap hotels in Reykjavík

Cheap hotels that guests love in Reykjavík

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  • B18 Apartments

    Cheap hotel in Reykjavík
    Avg. price/night: US$185.79
    Scored out of 10, guest rating 8.7
    Fabulous - What previous guests thought, 898 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

  • Bus Hostel Reykjavik

    Cheap hotel in Reykjavík
    Avg. price/night: US$111.45
    Scored out of 10, guest rating 8.1
    Very good - What previous guests thought, 3,743 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

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