The 10 best cheap hotels in Reykjavík, Iceland | Booking.com
Skip to main content

Cheap hotels in Reykjavík

Find the cheap hotels that appeal to you the most

The best cheap hotels in Reykjavík

Check out our selection of great cheap hotels in Reykjavík

Filter by:

Review score

Nordic Hostel

Reykjavík 101, Reykjavík

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

M
Mischa
From
Switzerland
Modern and fresh looking hostel. Great kitchen area with induction plates and space to store your own food. Bunk beds are very comfortable, although I recommend bringing earplugs. Nice area next to the reception to get a drink, to read a book or for a quick work session.
Scored out of 10, guest rating 9.3
Wonderful - What previous guests thought, 768 reviews
Price from
$119.15
1 night, 2 adults

Hlemmur Suites

Reykjavík East, Reykjavík

Hlemmur Suites enjoys a location in Reykjavík, 1.8 miles from Nauthólsvík Geothermal Beach and a 2-minute walk from Laugavegur Shopping Street.

G
Gilberto
From
Germany
Everything was perfect, the room size, clean, location and nice interaction with the staff. Thanks a lot :)
Scored out of 10, guest rating 9.0
Wonderful - What previous guests thought, 458 reviews
Price from
$259.85
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

Lara Studio in Laugardalur valley, Reykjavík Central Park and Botanical Garden, Private entrance, FREE Private Parking on side offers accommodations in Reykjavík, 2.8 miles from The Pearl and 2.9...

D
Dan
From
Canada
Absolutely wonderful stay! The apartment was not only beautiful and spotless, but it also had everything I needed for a comfortable visit, from kitchen essentials to cozy touches that made it feel like home. The neighborhood was peaceful and quiet. I couldn’t be happier with my experience and would absolutely book again without hesitation!
Scored out of 10, guest rating 9.5
Exceptional - What previous guests thought, 140 reviews
Price from
$146.30
1 night, 2 adults

Iceland SJF Apartments - 201

Reykjavík East, Reykjavík

Iceland SJF Apartments - 201 offers accommodations in Reykjavík, 1.8 miles from Nauthólsvík Geothermal Beach and 29 miles from Blue Lagoon.

L
Linda
From
United States
The property was very clean and comfortable.
Scored out of 10, guest rating 9.6
Exceptional - What previous guests thought, 116 reviews
Price from
$400.31
1 night, 2 adults

Iceland SJF Apartments - 503

Reykjavík East, Reykjavík

Iceland SJF Apartments - 503 is a recently renovated apartment in Reykjavík, near Solfar Sun Voyager. This apartment offers air-conditioned accommodations with a balcony and free Wifi.

L
Leftoversagain
From
United States
The bed and the apartment was a good sized space for 2 people and the view was decent. It did feel like we were in an industrial section of town but there was a hotel next door that had great food and service at the restaurant. I believe it was called Eyja.
Scored out of 10, guest rating 9.3
Wonderful - What previous guests thought, 129 reviews
Price from
$316.04
1 night, 2 adults

Iceland SJF Apartments - 401

Reykjavík East, Reykjavík

Just a 16-minute walk from Solfar Sun Voyager and 0.8 miles from Hallgrímskirkja Church, Iceland SJF Apartments - 401 features accommodations in Reykjavík with a garden.

c
cheri
From
United States
Clean. Modern. Great location. Laundry facilities on site.
Scored out of 10, guest rating 9.5
Exceptional - What previous guests thought, 173 reviews
Price from
$379.24
1 night, 2 adults

Panoramic Studio Apartment with stunning view - Free Parking

Reykjavík East, Reykjavík

Panoramic Studio Apartment with stunning view - Free Parking offers accommodations in Reykjavík, 2.3 miles from Solfar Sun Voyager and 2.7 miles from Hallgrímskirkja Church.

S
Suping
From
Canada
Beautiful view. Very olean. Super easy to check in. Free parking
Scored out of 10, guest rating 9.0
Wonderful - What previous guests thought, 114 reviews
Price from
$172.77
1 night, 2 adults

Lundur Apartments - Down Town

Reykjavík 101, Reykjavík

Lundur Apartments - Down Town is a recently renovated apartment in the center of Reykjavík, a 5-minute walk from Solfar Sun Voyager and 500 yards from Hallgrímskirkja Church.

K
Klaus
From
Mexico
Location and confort was amazing
Scored out of 10, guest rating 9.1
Wonderful - What previous guests thought, 118 reviews
Price from
$483.53
1 night, 2 adults

Center Apartments - Esja

Reykjavík East, Reykjavík

Just a 16-minute walk from Solfar Sun Voyager and 0.8 miles from Hallgrímskirkja Church, Center Apartments - Esja features accommodations in Reykjavík, with a terrace.

E
Emery
From
United Arab Emirates
Fabulous property in a great location. Extremely comfortable bed. Excellent facilities including the use of a much needed laundry. Safe, clean and very easy communication with the owner. Highly recommended. We would stay here again,
Scored out of 10, guest rating 9.0
Wonderful - What previous guests thought, 245 reviews
Price from
$327.74
1 night, 2 adults

Center apartments - Hekla

Reykjavík East, Reykjavík

Just a 16-minute walk from Solfar Sun Voyager and 0.8 miles from Hallgrímskirkja Church, Center apartments - Hekla features accommodations in Reykjavík with a terrace.

T
Taskeen
From
United Arab Emirates
Location and very helpful owner.
Scored out of 10, guest rating 9.2
Wonderful - What previous guests thought, 145 reviews
Price from
$294.97
1 night, 2 adults
All cheap hotels in Reykjavík

Looking for a cheap hotel?

For those trying to save, these fun, budget hotels still have lots to offer, from Wifi to convenient locations. Popular with backpackers, many properties are set in central areas and include comfortable rooms with private or shared bathrooms. You’ll also find loads of options that feature 24-hour front desks and luggage storage.

Most booked cheap hotels in Reykjavík and surrounding area in the past month

See all
  • Popular with guests booking cheap hotels in Reykjavík

    Scored out of 10, guest rating 8.9
    Excellent - What previous guests thought, 781 reviews
  • Popular with guests booking cheap hotels in Reykjavík

    Scored out of 10, guest rating 8.6
    Excellent - What previous guests thought, 2,946 reviews
  • Popular with guests booking cheap hotels in Reykjavík

    Scored out of 10, guest rating 8.5
    Very Good - What previous guests thought, 3,516 reviews
  • Popular with guests booking cheap hotels in Reykjavík

    Scored out of 10, guest rating 8.1
    Very Good - What previous guests thought, 2,615 reviews
  • Popular with guests booking cheap hotels in Reykjavík

    Scored out of 10, guest rating 8.5
    Very Good - What previous guests thought, 3,771 reviews
  • Popular with guests booking cheap hotels in Reykjavík

    Scored out of 10, guest rating 7.9
    Good - What previous guests thought, 3,751 reviews
  • Popular with guests booking cheap hotels in Reykjavík

    Scored out of 10, guest rating 8.1
    Very Good - What previous guests thought, 5,045 reviews
  • Popular with guests booking cheap hotels in Reykjavík

    Scored out of 10, guest rating 7.9
    Good - What previous guests thought, 4,618 reviews
  • Popular with guests booking cheap hotels in Reykjavík

    Scored out of 10, guest rating 8.1
    Very Good - What previous guests thought, 6,909 reviews
  • Popular with guests booking cheap hotels in Reykjavík

    Scored out of 10, guest rating 8.1
    Very Good - What previous guests thought, 3,439 reviews

Enjoy breakfast in Reykjavík and nearby

  • Scored out of 10, guest rating 8.4
    Very Good - What previous guests thought, 1,385 reviews

    This stylish and original hotel is just a 2-minute walk from Reykjavik’s main shopping street, Laugavegur. It offers free WiFi and rooms with a satellite TV and a tea/coffee maker.

  • Scored out of 10, guest rating 8.9
    Excellent - What previous guests thought, 2,803 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.

  • Exeter Hotel

    Reykjavík
    Breakfast options
    Scored out of 10, guest rating 8.7
    Excellent - What previous guests thought, 2,879 reviews

    This contemporary design hotel is set in Reykjavík's Old Harbor area, 1640 feet from Harpa Concert Hall & Conference Center.

  • Scored out of 10, guest rating 8.8
    Excellent - What previous guests thought, 538 reviews

    Located just a 2-minute walk from Laugavegur Shopping Street, Canopy by Hilton Reykjavik City Center in Reykjavík features a number of amenities including a fitness center and a bar.

  • Scored out of 10, guest rating 8.6
    Excellent - What previous guests thought, 3,219 reviews

    Set in the popular 101 harbor district of Berjaya Reykjavik Marina Hotel offers free Wi-Fi access. All rooms include a flat-screen TV and either city or harbor views.

  • Hotel Ódinsvé

    Reykjavík
    Breakfast options
    Scored out of 10, guest rating 8.3
    Very Good - What previous guests thought, 1,288 reviews

    Hotel Odinsve is a quarter mile from Laekjartorg Square in central Reykjavik. It offers free Wi-Fi internet. All rooms have satellite TV, hardwood floors and a tea/coffee maker.

  • Hotel Frón

    Reykjavík
    Breakfast options
    Scored out of 10, guest rating 8.3
    Very Good - What previous guests thought, 2,521 reviews

    Conveniently located on Laugavegur shopping street central Reykjavik, Hotel Frón offers free Wi-Fi and rooms and apartments with private bathrooms. All apartments include kitchen facilities.

  • Scored out of 10, guest rating 8.9
    Excellent - What previous guests thought, 781 reviews

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

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

  • Scored out of 10, guest rating 8.3
    Very Good - What previous guests thought, 409 reviews

    In a central area of Reykjavík, Heart House Guesthouse provides rooms with free Wifi.

  • Scored out of 10, guest rating 8.1
    Very Good - What previous guests thought, 294 reviews

    Day Dream Historical Grjótagata 4 features rooms with free Wifi in the center of Reykjavík.

  • Scored out of 10, guest rating 9.5
    Exceptional - What previous guests thought, 15 reviews

    City Lux 2BR & 2BA with Free Parking City Center is located in Reykjavík, just 2.5 miles from The Pearl and 31 miles from Blue Lagoon.

  • Scored out of 10, guest rating 9.3
    Wonderful - What previous guests thought, 29 reviews

    Harbour Lux 3BR & 2BA in the Heart of the City with Free Parking features accommodations in the center of Reykjavík, a 11-minute walk from Solfar Sun Voyager and 0.6 miles from Hallgrímskirkja Church.

  • Scored out of 10, guest rating 9.5
    Exceptional - What previous guests thought, 34 reviews

    Vibrant Hafnatorg I Spacious Property with Expansive Garage features rooms with free Wifi in the center of Reykjavík. Guests staying at this apartment have access to a balcony.

  • Scored out of 10, guest rating 8.8
    Excellent - What previous guests thought, 13 reviews

    Reykjavík Rainbow Guesthouse features rooms with free Wifi in the center of Reykjavík.

  • 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.

  • Scored out of 10, guest rating 9.2
    Wonderful - What previous guests thought, 580 reviews

    These luxury apartments in central Reykjavik are just 1148 feet from Old Reykjavik Harbor. Each features free WiFi, contemporary furnishings, an iPad and city-view balcony.

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

  • Scored out of 10, guest rating 8.1
    Very Good - What previous guests thought, 7 reviews

    Providing a garden, Beautiful and quiet apartment in city center - perfect location features accommodations in Reykjavík.

  • Scored out of 10, guest rating 8.0
    Very Good - What previous guests thought, 281 reviews

    Odinn Reykjavik Skolavordustigur Apartments provides rooms in Reykjavík near Reykjavik Art Museum: Kjarvalsstadir and Laugavegur Shopping Street.

  • Scored out of 10, guest rating 10.0
    Exceptional - What previous guests thought, 3 reviews

    Vesturgata - One Bedroom Apartment Near Harbour offers accommodations in Reykjavík, 2.3 miles from The Pearl and 31 miles from Blue Lagoon.

  • Scored out of 10, guest rating 8.0
    Very Good - What previous guests thought, 1,213 reviews

    Offering quiet street views, Day Dream Vesturgata 17 Reykjavik in Reykjavík provides accommodations and a terrace. Featuring mountain and city views, this condo hotel also features free Wifi.

  • Scored out of 10, guest rating 8.6
    Excellent - What previous guests thought, 692 reviews

    ALVA Apartments offers accommodations within 0.6 miles of the center of Reykjavík, with free Wifi and a kitchen with a dishwasher, an oven, and a toaster.

  • Scored out of 10, guest rating 8.8
    Excellent - What previous guests thought, 5 reviews

    Ranargata Apartments by Heimaleiga offers accommodations in Reykjavík, 2.3 miles from The Pearl and 1.2 miles from Laugavegur Shopping Street.

  • Scored out of 10, guest rating 8.0
    Very Good - What previous guests thought, 1 review

    Spacious 3Bedroom Apartment on Rainbow Street is located in Reykjavík, just 1.8 miles from The Pearl and 30 miles from Blue Lagoon. This apartment offers accommodations with a patio and free Wifi.

  • Scored out of 10, guest rating 8.6
    Excellent - What previous guests thought, 1,172 reviews

    In a prime location in the Vesturbær district of Reykjavík, Refurinn Reykjavik Guesthouse is located a 17-minute walk from Hallgrímskirkja Church, one mile from Solfar Sun Voyager and 2.3 miles from...

FAQ about cheap hotels in Reykjavík

Cheap hotels that guests love in Reykjavík

See all
  • Avg. price/night: $232.70
    Scored out of 10, guest rating 8.7
    Excellent - What previous guests thought, 850 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: $255.75
    Scored out of 10, guest rating 8.0
    Very Good - What previous guests thought, 2,265 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 traveler
  • Avg. price/night: $172.99
    Scored out of 10, guest rating 8.1
    Very Good - What previous guests thought, 3,439 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

Research, refine, and make plans for your whole trip

gogless