The 10 best cheap hotels in Reykjavík, Iceland | Booking.com
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Cheap hotels in Reykjavík

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The best cheap hotels in Reykjavík

Check out our selection of great cheap hotels in Reykjavík

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Nordic Hostel

Reykjavík 101, Reykjavík

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

E
Estefania
From
Mexico
I liked it was clean and although there were a lot of beds within the same room I had privacy and there was a space under the bed bunks for you to save your luggage with key. The staff was really friendly and helpful, I had a late flight so I asked to save my luggage after check out and they kindly kept it for me, that gave me the chance to go and have a few more hours in the city before my departure. The city centre is at walking distance, as well as the bus station.
Scored out of 10, guest rating 9.3
Wonderful - What previous guests thought, 792 reviews
Price from
$119.26
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

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...

E
Euijung
From
South Korea
Best accommodation among all i stayed in Iceland..!
Scored out of 10, guest rating 9.5
Exceptional - What previous guests thought, 141 reviews
Price from
$236.21
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.

A
Anu
From
Australia
A clean and bright, beautiful brand new apartment at the edge of Reykjavik centre. There's a couple of grocery stores nearby. Also some restaurants and souvenir shops within a 5-10mins walk.
Scored out of 10, guest rating 9.6
Exceptional - What previous guests thought, 117 reviews
Price from
$401.22
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.

C
Charline
From
France
The apartment is in a brand new residence. Everything is modern, clean, and the bed is really comfortable. The host is responsive to messages and seems really nice. The location is ideal to visit Reykjavik.
Scored out of 10, guest rating 9.4
Wonderful - What previous guests thought, 132 reviews
Price from
$506.80
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, 174 reviews
Price from
$401.22
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, 121 reviews
Price from
$484.63
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.

H
Haŋŋah
From
United States
Thorgeir was extremely communicative before our check-in, and answered all questions promptly. The apartment was very clean and inviting. Highly recommend as an alternative to a hotel for visiting the area.
Scored out of 10, guest rating 9.0
Wonderful - What previous guests thought, 247 reviews
Price from
$328.48
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.

V
Vanessa
From
Italy
Nice and close to downtown, and the apartment is modern, new and spacious enough for a short stay.
Scored out of 10, guest rating 9.2
Wonderful - What previous guests thought, 147 reviews
Price from
$274.52
1 night, 2 adults

B 18-20 Apartments

Reykjavík East, Reykjavík

B 18-20 Apartments enjoys a location in Reykjavík, 1.8 miles from Nauthólsvík Geothermal Beach and 29 miles from Blue Lagoon.

P
Paula
From
Canada
The apartment was beautiful, all the modern amenities were great. The free parking was a bonus given the downtown location. Instructions to access the buildings were clear and a simple self check-in. Stayed 4 adults and it was very comfortable. Pull out couch was great and comfy.
Scored out of 10, guest rating 9.2
Wonderful - What previous guests thought, 294 reviews
Price from
$294.58
1 night, 2 adults

Beautiful flat in downtown Reykjavík with a veiw

Reykjavík East, Reykjavík

Beautiful flat in downtown Reykjavík with a veiw offers accommodations in Reykjavík, 29 miles from Blue Lagoon and a 2-minute walk from Laugavegur Shopping Street.

P
Panagiotis
From
Greece
Owner was very friendly and professional. The house is beautiful and clean. Everything is functional. The underground parking is very useful as well. Don't have cons.
Scored out of 10, guest rating 9.8
Exceptional - What previous guests thought, 148 reviews
Price from
$242.31
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

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  • Popular with guests booking cheap hotels in Reykjavík

    Scored out of 10, guest rating 8.9
    Excellent - What previous guests thought, 827 reviews
  • Popular with guests booking cheap hotels in Reykjavík

    Scored out of 10, guest rating 8.6
    Excellent - What previous guests thought, 2,961 reviews
  • Popular with guests booking cheap hotels in Reykjavík

    Scored out of 10, guest rating 8.5
    Very Good - What previous guests thought, 3,503 reviews
  • Popular with guests booking cheap hotels in Reykjavík

    Scored out of 10, guest rating 8.1
    Very Good - What previous guests thought, 2,599 reviews
  • Popular with guests booking cheap hotels in Reykjavík

    Scored out of 10, guest rating 8.4
    Very Good - What previous guests thought, 3,798 reviews
  • Popular with guests booking cheap hotels in Reykjavík

    Scored out of 10, guest rating 7.9
    Good - What previous guests thought, 3,763 reviews
  • Popular with guests booking cheap hotels in Reykjavík

    Scored out of 10, guest rating 8.1
    Very Good - What previous guests thought, 5,059 reviews
  • Popular with guests booking cheap hotels in Reykjavík

    Scored out of 10, guest rating 7.9
    Good - What previous guests thought, 4,598 reviews
  • Popular with guests booking cheap hotels in Reykjavík

    Scored out of 10, guest rating 8.1
    Very Good - What previous guests thought, 6,910 reviews
  • Popular with guests booking cheap hotels in Reykjavík

    Scored out of 10, guest rating 8.1
    Very Good - What previous guests thought, 3,499 reviews

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

  • Scored out of 10, guest rating 9.5
    Exceptional - What previous guests thought, 35 reviews

    Unbeatable Central Location - Reykjavíks Most Exclusive Luxury Apartments 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 8.4
    Very Good - What previous guests thought, 1,691 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 8.7
    Excellent - What previous guests thought, 794 reviews

    Located 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 8.9
    Excellent - What previous guests thought, 2,791 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.

  • Scored out of 10, guest rating 7.9
    Good - What previous guests thought, 279 reviews

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

  • Scored out of 10, guest rating 9.8
    Exceptional - What previous guests thought, 5 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 8.7
    Excellent - What previous guests thought, 2,862 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, 5 reviews

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

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

  • 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 8.8
    Excellent - What previous guests thought, 536 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 8.2
    Very Good - What previous guests thought, 18 reviews

    The Center of Downtown Reykjavík features rooms with free Wifi in the center of Reykjavík. With city views, this accommodation provides a balcony.

  • Scored out of 10, guest rating 8.6
    Excellent - What previous guests thought, 3,217 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.

  • Scored out of 10, guest rating 8.3
    Very Good - What previous guests thought, 1,290 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.

  • Scored out of 10, guest rating 7.9
    Good - What previous guests thought, 1,243 reviews

    Just off the Laugavegur shopping street, Grettir Guest house features self-service check-in. This property is a 5-minute walk from Hallgrimskirkja Church. Free WiFi is available.

  • Scored out of 10, guest rating 8.9
    Excellent - What previous guests thought, 827 reviews

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

  • Scored out of 10, guest rating 8.5
    Very Good - What previous guests thought, 2,541 reviews

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

Enjoy breakfast in Reykjavík and nearby

  • Scored out of 10, guest rating 8.8
    Excellent - What previous guests thought, 2,149 reviews

    Offering city views, Vintage Apartment Hotel is set along Laugavegur Shopping Street in Reykjavík. Hallgrímskirkja Church is 984 feet away. The accommodations has a flat-screen TV.

  • Scored out of 10, guest rating 8.0
    Very Good - What previous guests thought, 451 reviews

    Day Dream L23 Guesthouse features accommodations within half a mile of the center of Reykjavík, with free Wifi and a kitchenette with a microwave, a fridge, and a stovetop.

  • Scored out of 10, guest rating 8.6
    Excellent - What previous guests thought, 1,725 reviews

    Located in Reykjavik’s old city center, 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.

  • Scored out of 10, guest rating 8.7
    Excellent - What previous guests thought, 1,484 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.

  • Scored out of 10, guest rating 8.6
    Excellent - What previous guests thought, 2,961 reviews

    Located in Reykjavík and with Nauthólsvík Geothermal Beach reachable within 1.8 miles, Center Hotels Laugavegur has concierge services, non-smoking rooms, a restaurant, free WiFi throughout the...

  • Scored out of 10, guest rating 8.6
    Excellent - What previous guests thought, 1,038 reviews

    Located only 1148 feet from restaurant and shopping along Laugavegur shopping street, this offers stylish rooms in central Reykjavik.

  • B18 Apartments

    Reykjavík
    Breakfast options
    Scored out of 10, guest rating 8.7
    Excellent - What previous guests thought, 860 reviews

    B18 Apartments provides rooms in Reykjavík near Laugavegur Shopping Street and Reykjavik Art Museum: Kjarvalsstadir. Both free Wifi and parking on-site are available at the apartment free of charge.

  • Scored out of 10, guest rating 8.7
    Excellent - What previous guests thought, 910 reviews

    Frost Apartments by Heimaleiga is a recently renovated apartment in Reykjavík near Solfar Sun Voyager.

FAQ about cheap hotels in Reykjavík

Cheap hotels that guests love in Reykjavík

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  • Avg. price/night: $263.84
    Scored out of 10, guest rating 8.7
    Excellent - What previous guests thought, 860 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: $202.95
    Scored out of 10, guest rating 8.0
    Very Good - What previous guests thought, 2,260 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
  • Scored out of 10, guest rating 8.1
    Very Good - What previous guests thought, 3,499 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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