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

A
Anonymous
From
United States
I was worried about parking, but found free on-street all week. People were quiet at appropriate hours. Staff was helpful. Bathrooms, etc were clean. Had a great stay.
Scored out of 10, guest rating 9.3
Wonderful - What previous guests thought, 755 reviews
Price from
$118.65
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.

D
Donna
From
United States
Location
Scored out of 10, guest rating 9.0
Wonderful - What previous guests thought, 444 reviews
Price from
$258.72
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...

Y
Young
From
United States
Lara was great
Scored out of 10, guest rating 9.5
Exceptional - What previous guests thought, 140 reviews
Price from
$201.31
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
April
From
United States
The property was in a nice location. It was a short drive to the downtown area, the apartment was extremely clean and the bed was very comfortable.
Scored out of 10, guest rating 9.6
Exceptional - What previous guests thought, 115 reviews
Price from
$398.57
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.

V
Visola
From
United States
Amazing space! Thank you!
Scored out of 10, guest rating 9.3
Wonderful - What previous guests thought, 128 reviews
Price from
$314.66
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.

V
Victoria
From
United States
Very convenient location, very clean apartment and good space to relax.
Scored out of 10, guest rating 9.5
Exceptional - What previous guests thought, 173 reviews
Price from
$398.57
1 night, 2 adults

Modern Downtown Apartment - Harbour View

Reykjavík 101, Reykjavík

Modern Downtown Apartment - Harbour View offers accommodations in Reykjavík, 2.2 miles from The Pearl and 30 miles from Blue Lagoon. With sea views, this accommodation provides a balcony.

D
Divisha
From
United States
Location was excellent, well maintained apartment with all the amenities including a washer and a fully functional and equipped kitchen.
Scored out of 10, guest rating 9.4
Wonderful - What previous guests thought, 100 reviews
Price from
$211.87
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.

A
A.Mittal
From
Switzerland
Location, parking, view from apartment. Friendly staff about delayed check-out.
Scored out of 10, guest rating 9.0
Wonderful - What previous guests thought, 112 reviews
Price from
$172.01
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
Kenneth
From
United States
Location, location, location plus an immaculate, spacious, comfortable apartment. Perfect in every regard.
Scored out of 10, guest rating 9.1
Wonderful - What previous guests thought, 118 reviews
Price from
$481.43
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.

T
Tavin
From
Thailand
Nice & Clean . Good size for a family of 3-4 . The location is within 5 minutes drive to the church & city center .
Scored out of 10, guest rating 9.0
Wonderful - What previous guests thought, 243 reviews
Price from
$326.31
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, 768 reviews
  • Popular with guests booking cheap hotels in Reykjavík

    Scored out of 10, guest rating 8.7
    Excellent - What previous guests thought, 2,929 reviews
  • Popular with guests booking cheap hotels in Reykjavík

    Scored out of 10, guest rating 8.5
    Very Good - What previous guests thought, 3,748 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, 2,623 reviews
  • Popular with guests booking cheap hotels in Reykjavík

    Scored out of 10, guest rating 7.9
    Good - What previous guests thought, 3,759 reviews
  • Popular with guests booking cheap hotels in Reykjavík

    Scored out of 10, guest rating 8.1
    Very Good - What previous guests thought, 5,047 reviews
  • Popular with guests booking cheap hotels in Reykjavík

    Scored out of 10, guest rating 7.9
    Good - What previous guests thought, 4,626 reviews
  • Popular with guests booking cheap hotels in Reykjavík

    Scored out of 10, guest rating 8.1
    Very Good - What previous guests thought, 6,935 reviews
  • Popular with guests booking cheap hotels in Reykjavík

    Scored out of 10, guest rating 8.1
    Very Good - What previous guests thought, 3,416 reviews

Enjoy breakfast in Reykjavík and nearby

  • Scored out of 10, guest rating 8.9
    Excellent - What previous guests thought, 2,818 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, 2,882 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, 543 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.

  • Hotel Ódinsvé

    Reykjavík
    Breakfast options
    Scored out of 10, guest rating 8.3
    Very Good - What previous guests thought, 1,285 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 8.8
    Excellent - What previous guests thought, 2,163 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, 2,264 reviews

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

  • Scored out of 10, guest rating 8.0
    Very Good - What previous guests thought, 434 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 8.7
    Excellent - What previous guests thought, 1,506 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.

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, 6 reviews

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

  • Scored out of 10, guest rating 8.7
    Excellent - What previous guests thought, 799 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 7.8
    Good - What previous guests thought, 93 reviews

    1.8 miles from Nauthólsvík Geothermal Beach in the center of Reykjavík, Downtown Reykjavík Baldursbrá Holiday Home offers accommodations with access to a garden.

  • Scored out of 10, guest rating 8.5
    Very Good - What previous guests thought, 2,497 reviews

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

  • Scored out of 10, guest rating 8.1
    Very Good - What previous guests thought, 19 reviews

    Lokastígur Charming and Inviting Apartment offers accommodations within half a mile of the center of Reykjavík, with free Wifi and a kitchen with a dishwasher, an oven, and a microwave.

  • Scored out of 10, guest rating 8.2
    Very Good - What previous guests thought, 202 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.

  • Scored out of 10, guest rating 8.8
    Excellent - What previous guests thought, 330 reviews

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

  • 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...

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

  • Scored out of 10, guest rating 8.6
    Excellent - What previous guests thought, 24 reviews

    Framnesvegur - Two Bedroom Central Apartment offers accommodations in Reykjavík, 2.4 miles from Reykjavik Art Museum: Kjarvalsstadir and 4 miles from Imagine Peace Tower.

  • Scored out of 10, guest rating 8.5
    Very Good - What previous guests thought, 624 reviews

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

  • Scored out of 10, guest rating 8.1
    Very Good - What previous guests thought, 930 reviews

    Just a 8-minute walk from Hallgrímskirkja Church and 0.9 miles from Solfar Sun Voyager, Day Dream Soleyjargata Rooms & Apartments features accommodations in Reykjavík, with a garden and a terrace.

  • Scored out of 10, guest rating 8.3
    Very Good - What previous guests thought, 525 reviews

    These stylish, modern apartments are a 2-minute walk from Reykjavik’s main shopping street, Laugavegur. All offer free Wi-Fi access and a flat-screen TV with USB connectivity.

  • Scored out of 10, guest rating 8.6
    Excellent - What previous guests thought, 852 reviews

    In the heart of Reykjavík, Svala Apartments by Heimaleiga offers rooms with free Wifi. There's a private entrance at the apartment for the convenience of those who stay.

  • Scored out of 10, guest rating 7.9
    Good - What previous guests thought, 4,626 reviews

    Set just 820 feet from Laugarvegur shopping street, this central Reykjavik hostel offers guest rooms and dormitory rooms with free Wi-Fi access. Harpa Concert Hall is 0.6 mi away.

  • Scored out of 10, guest rating 8.0
    Very Good - What previous guests thought, 53 reviews

    Baron Downtown Apartments offers accommodations within 0.7 miles of the center of Reykjavík, with free Wifi and a kitchen with a dishwasher, an oven, and a microwave.

  • Scored out of 10, guest rating 8.4
    Very Good - What previous guests thought, 555 reviews

    In the center of Reykjavík, Saga Studios by Heimaleiga provides rooms with free Wifi.

FAQ about cheap hotels in Reykjavík

Cheap hotels that guests love in Reykjavík

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  • Avg. price/night: $339.13
    Scored out of 10, guest rating 8.7
    Excellent - What previous guests thought, 846 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: $218.10
    Scored out of 10, guest rating 8.0
    Very Good - What previous guests thought, 2,264 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: $172.23
    Scored out of 10, guest rating 8.1
    Very Good - What previous guests thought, 3,416 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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