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

N
Nahla
From
Egypt
Location clean cozy elevator hot water kitchen helpful staff especially kat
Scored out of 10, guest rating 9.3
Wonderful - What previous guests thought, 817 reviews
Price from
$119.89
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...

P
Petar
From
Croatia
Wonderful property and host, left us a welcome present on very short notice.
Scored out of 10, guest rating 9.5
Exceptional - What previous guests thought, 144 reviews
Price from
$226.15
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, 120 reviews
Price from
$402.74
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, 133 reviews
Price from
$508.72
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.

K
Kyoko
From
Canada
Clean, spacious, good location
Scored out of 10, guest rating 9.6
Exceptional - What previous guests thought, 175 reviews
Price from
$402.74
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, 122 reviews
Price from
$486.47
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, 248 reviews
Price from
$259.07
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 9.3
Wonderful - What previous guests thought, 149 reviews
Price from
$296.76
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.

S
Sorangher
From
United States
Everything, very neat, kitchen well equipped, utensils, coffee, salt, oil, aluminum foil, garbage bags, cleaning supplies, dish soap, body wash, shampoo, extra toilet paper, kitchen towels, body towels, WiFi , Spacious closets with hangers, hair dryer, laundry room downstairs, clothes iron, free parking spots available outside the building, supermarket Bonus around the corner. Very close to downtown, 8 minutes driving. EXCELLENT PLACE TO STAY Highly RECOMMENDED!! Do not hesitate booking your stay here. Very safe, modern and quiet residential area. Willi was always responding right away to any suggestion about your stay in Reykjavik. Also we have clear directions to get into the apartment . Definitely will come back
Scored out of 10, guest rating 9.1
Wonderful - What previous guests thought, 300 reviews
Price from
$295.70
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.

J
JUNAID AHMED
From
United States
This was hands down the best stay for group of 3. Close to attractions with free parking made our stay so convenient and comfortable. Host was responsive though home was well equiped and we did not need to ask for anything extra.
Scored out of 10, guest rating 9.9
Exceptional - What previous guests thought, 148 reviews
Price from
$243.23
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 8.3
    Very Good - What previous guests thought, 1,939 reviews
  • Popular with guests booking cheap hotels in Reykjavík

    Scored out of 10, guest rating 8.5
    Very Good - What previous guests thought, 3,497 reviews
  • Popular with guests booking cheap hotels in Reykjavík

    Scored out of 10, guest rating 8.4
    Very Good - What previous guests thought, 4,486 reviews
  • Popular with guests booking cheap hotels in Reykjavík

    Scored out of 10, guest rating 8.0
    Very Good - What previous guests thought, 2,586 reviews
  • Popular with guests booking cheap hotels in Reykjavík

    Scored out of 10, guest rating 8.4
    Very Good - What previous guests thought, 3,811 reviews
  • Popular with guests booking cheap hotels in Reykjavík

    Scored out of 10, guest rating 8.1
    Very Good - What previous guests thought, 5,053 reviews
  • Popular with guests booking cheap hotels in Reykjavík

    Scored out of 10, guest rating 7.9
    Good - What previous guests thought, 4,589 reviews
  • Popular with guests booking cheap hotels in Reykjavík

    Scored out of 10, guest rating 7.9
    Good - What previous guests thought, 3,776 reviews
  • Popular with guests booking cheap hotels in Reykjavík

    Scored out of 10, guest rating 8.1
    Very Good - What previous guests thought, 6,888 reviews
  • Popular with guests booking cheap hotels in Reykjavík

    Scored out of 10, guest rating 8.1
    Very Good - What previous guests thought, 3,557 reviews

Enjoy breakfast in Reykjavík and nearby

  • Exeter Hotel

    Reykjavík
    Breakfast options
    Scored out of 10, guest rating 8.7
    Excellent - What previous guests thought, 2,846 reviews

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

    From $321.48 per night
  • ALVA Apartments

    Reykjavík
    Breakfast options
    Scored out of 10, guest rating 8.6
    Excellent - What previous guests thought, 700 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.

    From $272.03 per night
  • Scored out of 10, guest rating 8.6
    Excellent - What previous guests thought, 3,201 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.

    From $344.54 per night
  • Hotel Ódinsvé

    Reykjavík
    Breakfast options
    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.

    From $320.90 per night
  • Scored out of 10, guest rating 8.9
    Excellent - What previous guests thought, 870 reviews

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

    From $162.11 per night
  • Scored out of 10, guest rating 8.8
    Excellent - What previous guests thought, 2,126 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.

    From $341.50 per night
  • Scored out of 10, guest rating 7.9
    Good - What previous guests thought, 2,256 reviews

    Located in the calm Thingholt neighborhood, this family-owned guest house is in Reykjavik is just 1476 feet from the shopping Laugavegur Street.

    From $175.46 per night
  • Scored out of 10, guest rating 8.0
    Very Good - What previous guests thought, 461 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.

    From $257.42 per night

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

  • Scored out of 10, guest rating 8.1
    Very Good - What previous guests thought, 295 reviews

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

    From $341.62 per night
  • 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, 1,693 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.

    From $217.01 per night
  • Scored out of 10, guest rating 9.2
    Wonderful - What previous guests thought, 586 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.

    From $458.68 per night
  • 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.

    From $266.51 per night
  • Scored out of 10, guest rating 8.0
    Very Good - What previous guests thought, 1,195 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.

    From $298.52 per night
  • 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.

    From $308.88 per night
  • 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.

    From $638.67 per night

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

  • Scored out of 10, guest rating 8.8
    Excellent - What previous guests thought, 534 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.

    From $407.67 per night
  • Scored out of 10, guest rating 8.5
    Very Good - What previous guests thought, 2,564 reviews

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

    From $315.95 per night
  • Scored out of 10, guest rating 8.5
    Very Good - What previous guests thought, 72 reviews

    Freyjugata Apartments by Heimaleiga features rooms with free Wifi in the center of Reykjavík.

  • Scored out of 10, guest rating 8.2
    Very Good - What previous guests thought, 197 reviews

    Iðunn Apartments by Heimaleiga provides accommodations within 0.7 miles of the center of Reykjavík, with free Wifi and a kitchen with a dishwasher, an oven, and a microwave.

    From $452.90 per night
  • Scored out of 10, guest rating 9.4
    Wonderful - What previous guests thought, 16 reviews

    Featuring a terrace, Reykjavik Luxury Hotel Apartments KARTULI features accommodations in Reykjavík. Both free Wifi and parking on-site are accessible at the apartment free of charge.

    From $501.07 per night
  • Scored out of 10, guest rating 8.8
    Excellent - What previous guests thought, 321 reviews

    Alfred's Studio Apartments offers self-catering accommodations just 328 feet from Reykjavík's main shopping street, Laugavegur. WiFi access is free.

    From $290.56 per night
  • Scored out of 10, guest rating 8.9
    Excellent - What previous guests thought, 27 reviews

    Just a 5-minute walk from Hallgrímskirkja Church and 0.6 miles from Harpa Concert Hall & Conference Centre, Prime Location Gem in the Heart of Reykjavík features accommodations in Reykjavík with a...

  • Scored out of 10, guest rating 8.5
    Very Good - What previous guests thought, 639 reviews

    In a central area of Reykjavík, Backyard Apartments by Heimaleiga provides rooms with free Wifi.

    From $286.86 per night

FAQ about cheap hotels in Reykjavík

Cheap hotels that guests love in Reykjavík

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  • Avg. price/night: $228.81
    Scored out of 10, guest rating 8.7
    Excellent - What previous guests thought, 869 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: $175.46
    Scored out of 10, guest rating 7.9
    Good - What previous guests thought, 2,256 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, 3,557 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