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.

S
Sylvia
From
Germany
Shared Kitchen ist just OP! I could make my favorite Ramen for snack, stored up my Lactose-Free-Milk and so on!
Scored out of 10, guest rating 9.3
Wonderful - What previous guests thought, 776 reviews
Price from
$118.41
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...

S
Sean
From
United States
The apartment was well stocked and comfortable. We only stayed one night as a last minute necessity but having stayed that one night we would book this place for our full stay next time. We stayed in the center which was more convenient but after all is said and done this place was a much better deal in a quiet area away from all the other tourists. Highly recommended for a solo person or couple traveling. 10/10.
Scored out of 10, guest rating 9.5
Exceptional - What previous guests thought, 141 reviews
Price from
$234.84
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
$398.89
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.

J
Joshua van Moorsel
From
Australia
Clear communication. Clean apartment. Good facilities. Great location. Free parking nearby. We would absolutely stay here again!!
Scored out of 10, guest rating 9.4
Wonderful - What previous guests thought, 130 reviews
Price from
$314.91
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 9.5
Exceptional - What previous guests thought, 174 reviews
Price from
$377.90
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, 119 reviews
Price from
$481.82
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.

D
Donny
From
Indonesia
everything. the best stay and the only apartment from all my stays in iceland that has modern smart tv installed
Scored out of 10, guest rating 9.0
Wonderful - What previous guests thought, 246 reviews
Price from
$326.58
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, 146 reviews
Price from
$272.93
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.

A
ALEJANDRA
From
Sweden
The place is super well located and the people in charge are very nice!! We felt like home
Scored out of 10, guest rating 9.2
Wonderful - What previous guests thought, 291 reviews
Price from
$290.42
1 night, 2 adults

Overlooking the city, bright & cozy - Free Parking (A2)

Reykjavík East, Reykjavík

Overlooking the city, bright & cozy - Free Parking (A2) offers accommodations in Reykjavík, 2.2 miles from Solfar Sun Voyager and 2.6 miles from Hallgrímskirkja Church.

S
Stephen
From
Canada
Great view of Reykjavik with a very comfortable bed. The location is a few kilometres out of Reykjavik but easily accessible by bus. The suite was very clean and just the right size for a couple.
Scored out of 10, guest rating 9.1
Wonderful - What previous guests thought, 148 reviews
Price from
$173.20
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, 796 reviews
  • Popular with guests booking cheap hotels in Reykjavík

    Scored out of 10, guest rating 8.6
    Excellent - What previous guests thought, 2,952 reviews
  • Popular with guests booking cheap hotels in Reykjavík

    Scored out of 10, guest rating 8.5
    Very Good - What previous guests thought, 3,515 reviews
  • Popular with guests booking cheap hotels in Reykjavík

    Scored out of 10, guest rating 8.1
    Very Good - What previous guests thought, 2,608 reviews
  • Popular with guests booking cheap hotels in Reykjavík

    Scored out of 10, guest rating 8.5
    Very Good - What previous guests thought, 3,786 reviews
  • Popular with guests booking cheap hotels in Reykjavík

    Scored out of 10, guest rating 7.9
    Good - What previous guests thought, 3,754 reviews
  • Popular with guests booking cheap hotels in Reykjavík

    Scored out of 10, guest rating 8.1
    Very Good - What previous guests thought, 5,055 reviews
  • Popular with guests booking cheap hotels in Reykjavík

    Scored out of 10, guest rating 7.9
    Good - What previous guests thought, 4,614 reviews
  • Popular with guests booking cheap hotels in Reykjavík

    Scored out of 10, guest rating 8.1
    Very Good - What previous guests thought, 6,914 reviews
  • Popular with guests booking cheap hotels in Reykjavík

    Scored out of 10, guest rating 8.1
    Very Good - What previous guests thought, 3,465 reviews

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

  • Scored out of 10, guest rating 8.4
    Very Good - What previous guests thought, 1,694 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 8.0
    Very Good - What previous guests thought, 1,210 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.

  • Exeter Hotel

    Reykjavík
    Central location
    Scored out of 10, guest rating 8.7
    Excellent - What previous guests thought, 2,880 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.

  • 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, 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.

  • 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.

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, 2,526 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, 796 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, 2,520 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 8.4
    Very Good - What previous guests thought, 1,600 reviews

    Set in a building dating back to 1916, this Reykjavík guest house is within 5 minutes’ walk of the popular Laugavegur shopping street. Both WiFi and private, on-site parking are free.

  • Scored out of 10, guest rating 8.8
    Excellent - What previous guests thought, 2,150 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, 2,270 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 8.6
    Excellent - What previous guests thought, 1,730 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 8.2
    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.

Enjoy breakfast in Reykjavík and nearby

  • Scored out of 10, guest rating 8.7
    Excellent - What previous guests thought, 1,492 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, 2,952 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, 1,042 reviews

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

  • Hotel Klettur

    Reykjavík
    Breakfast options
    Scored out of 10, guest rating 8.1
    Very Good - What previous guests thought, 1,170 reviews

    Featuring free parking, Hotel Klettur is 1640 feet to the main shopping area of Laugavegur street. It offers modern guest rooms with free WiFi and a flat-screen satellite TV.

  • B18 Apartments

    Reykjavík
    Breakfast options
    Scored out of 10, guest rating 8.7
    Excellent - What previous guests thought, 856 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, 892 reviews

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

  • Hotel Aska

    Reykjavík
    Breakfast options
    Scored out of 10, guest rating 8.0
    Very Good - What previous guests thought, 1,600 reviews

    Located in the Reykjavik East district in Reykjavík, Hotel Aska offers 3-star rooms with free WiFi.

  • Hotel Orkin

    Reykjavík
    Breakfast options
    Scored out of 10, guest rating 8.1
    Very Good - What previous guests thought, 2,680 reviews

    This hotel is a short walk from the center of the city and Reykjavik's main shopping street, Laugavegur. Guests enjoy free Wi-Fi access and 24-hour free tea and coffee.

FAQ about cheap hotels in Reykjavík

Cheap hotels that guests love in Reykjavík

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  • Avg. price/night: $277.01
    Scored out of 10, guest rating 8.7
    Excellent - What previous guests thought, 856 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: $200.61
    Scored out of 10, guest rating 8.0
    Very Good - What previous guests thought, 2,270 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, 3,465 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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