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.

K
Karla
From
Argentina
This was my first time at a hostel, but it was INCREDIBLE. Very new, great decor, the room was huge, but somehow you didn't even feel there was anyone else there. The lobby/bar was beautiful and great to work from. Would definitely stay here again.
Scored out of 10, guest rating 9.3
Wonderful - What previous guests thought, 737 reviews
Price from
$119.09
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
$260.14
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
$247.84
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
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
$400.76
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, 127 reviews
Price from
$316.39
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, 171 reviews
Price from
$400.76
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
$240.45
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
$172.96
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, 116 reviews
Price from
$484.07
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, 242 reviews
Price from
$328.10
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 8.6
    Excellent - What previous guests thought, 2,913 reviews
  • Popular with guests booking cheap hotels in Reykjavík

    Scored out of 10, guest rating 8.9
    Excellent - What previous guests thought, 743 reviews
  • Popular with guests booking cheap hotels in Reykjavík

    Scored out of 10, guest rating 8.5
    Very Good - What previous guests thought, 3,518 reviews
  • Popular with guests booking cheap hotels in Reykjavík

    Scored out of 10, guest rating 8.1
    Very Good - What previous guests thought, 2,630 reviews
  • Popular with guests booking cheap hotels in Reykjavík

    Scored out of 10, guest rating 8.5
    Very Good - What previous guests thought, 3,728 reviews
  • Popular with guests booking cheap hotels in Reykjavík

    Scored out of 10, guest rating 7.9
    Good - What previous guests thought, 3,773 reviews
  • Popular with guests booking cheap hotels in Reykjavík

    Scored out of 10, guest rating 8.1
    Very Good - What previous guests thought, 5,035 reviews
  • Popular with guests booking cheap hotels in Reykjavík

    Scored out of 10, guest rating 7.9
    Good - What previous guests thought, 4,632 reviews
  • Popular with guests booking cheap hotels in Reykjavík

    Scored out of 10, guest rating 8.1
    Very Good - What previous guests thought, 6,945 reviews
  • Popular with guests booking cheap hotels in Reykjavík

    Scored out of 10, guest rating 8.1
    Very Good - What previous guests thought, 3,388 reviews

Enjoy breakfast in Reykjavík and nearby

  • Scored out of 10, guest rating 8.4
    Very Good - What previous guests thought, 1,376 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, 2,820 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, 2,887 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, 544 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, 3,214 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 8.4
    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 8.9
    Excellent - What previous guests thought, 743 reviews

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

  • Scored out of 10, guest rating 8.8
    Excellent - What previous guests thought, 2,172 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.

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, 403 reviews

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

  • Scored out of 10, guest rating 8.6
    Excellent - What previous guests thought, 25 reviews

    The Rock Village Nook enjoys a location in Reykjavík, 2.4 miles from The Pearl and a 19-minute walk from Laugavegur Shopping Street.

  • Scored out of 10, guest rating 9.1
    Wonderful - What previous guests thought, 50 reviews

    T23 Penthouse Suite - Reykjavík offers accommodations in Reykjavík, 2.2 miles from The Pearl and 30 miles from Blue Lagoon.

  • Scored out of 10, guest rating 8.7
    Excellent - What previous guests thought, 1,449 reviews

    A 9-minute walk from Hallgrímskirkja Church, Thingholt Hotel Apartments from Center Hotels offers 4-star accommodations in the Miðborg district of Reykjavík.

  • Scored out of 10, guest rating 8.6
    Excellent - What previous guests thought, 10 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, 1,689 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, 574 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.

  • Scored out of 10, guest rating 8.7
    Excellent - What previous guests thought, 800 reviews

    Located minutes away from the city lake in central Reykjavík, Castle House Luxury Apartments is located next to the National Gallery of Iceland.

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, 283 reviews

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

  • Scored out of 10, guest rating 8.1
    Very Good - What previous guests thought, 44 reviews

    Charming Studio in Reykajvik in Reykjavík features accommodations with free Wifi, a 10-minute walk from Solfar Sun Voyager, 2.1 miles from The Pearl, and 30 miles from Blue Lagoon.

  • Scored out of 10, guest rating 8.0
    Very Good - What previous guests thought, 1,208 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, 682 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 8.0
    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 8.4
    Very Good - What previous guests thought, 19 reviews

    Best location Downtown Reykjavik - Bergstaðastræti 33 in Reykjavík offers accommodations with free Wifi, a 13-minute walk from Solfar Sun Voyager, 1.7 miles from The Pearl, and a 12-minute walk from...

  • Scored out of 10, guest rating 8.8
    Excellent - What previous guests thought, 332 reviews

    Design apartments in the heart of Reykjavik enjoys a location in Reykjavík, 1.6 miles from The Pearl and 30 miles from Blue Lagoon.

  • Scored out of 10, guest rating 8.0
    Very Good - What previous guests thought, 1,254 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.

FAQ about cheap hotels in Reykjavík

Cheap hotels that guests love in Reykjavík

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  • Avg. price/night: $271.97
    Scored out of 10, guest rating 8.7
    Excellent - What previous guests thought, 843 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: $200.38
    Scored out of 10, guest rating 8.0
    Very Good - What previous guests thought, 2,262 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: $172.89
    Scored out of 10, guest rating 8.1
    Very Good - What previous guests thought, 3,388 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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