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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CityHub Reykjavik

Hotel in Reykjavík 101, Reykjavík

Located conveniently in Reykjavík, CityHub Reykjavik has air-conditioned rooms, a bar and free WiFi.

D
Darius
From
United States
Clean and comfortable sleeping arrangements. Very modern bathroom and shower facilities.
Scored out of 10, guest rating 9.0
Wonderful - What previous guests thought, 710 reviews
Price from
$126.36
1 night, 2 adults

Nordic Hostel

Reykjavík 101, Reykjavík

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

B
Baraka
From
United States
The staff were very nice and helpful. The bed was comfortable. The kitchen was clean and not crowded.
Scored out of 10, guest rating 9.3
Wonderful - What previous guests thought, 718 reviews
Price from
$118.72
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
David
From
United States
It was very clean and you can not beat the location in Reykjavik. Central to a lot of places.
Scored out of 10, guest rating 9.0
Wonderful - What previous guests thought, 436 reviews
Price from
$258.87
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, 137 reviews
Price from
$246.63
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, 113 reviews
Price from
$398.81
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, 125 reviews
Price from
$503.76
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.

H
Herbert
From
United States
Peaceful. Secluded. Bright and modern. Great views. Room darkening shades.
Scored out of 10, guest rating 9.5
Exceptional - What previous guests thought, 170 reviews
Price from
$398.81
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
$172.12
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.

M
Monty
From
United States
I just wanted to say thank you for such a fantastic stay at your place. The location was absolutely perfect—right in the heart of town and just across from that amazing bakery. The beds were incredibly comfortable, and the heated floors were such a luxurious touch—especially appreciated during the chilly mornings. Everything was clean, cozy, and exactly as described. We truly enjoyed our time and will be staying again at the end of our trip in Iceland. Thanks again for being such a great host!
Scored out of 10, guest rating 9.0
Wonderful - What previous guests thought, 114 reviews
Price from
$481.72
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, 238 reviews
Price from
$326.51
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, 1,893 reviews
  • Popular with guests booking cheap hotels in Reykjavík

    Scored out of 10, guest rating 9.0
    Wonderful - What previous guests thought, 710 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 8.5
    Very Good - What previous guests thought, 3,696 reviews
  • Popular with guests booking cheap hotels in Reykjavík

    Scored out of 10, guest rating 8.1
    Very Good - What previous guests thought, 2,639 reviews
  • Popular with guests booking cheap hotels in Reykjavík

    Scored out of 10, guest rating 7.9
    Good - What previous guests thought, 3,797 reviews
  • Popular with guests booking cheap hotels in Reykjavík

    Scored out of 10, guest rating 8.1
    Very Good - What previous guests thought, 5,021 reviews
  • Popular with guests booking cheap hotels in Reykjavík

    Scored out of 10, guest rating 7.9
    Good - What previous guests thought, 4,650 reviews
  • Popular with guests booking cheap hotels in Reykjavík

    Scored out of 10, guest rating 8.1
    Very Good - What previous guests thought, 6,956 reviews
  • Popular with guests booking cheap hotels in Reykjavík

    Scored out of 10, guest rating 8.1
    Very Good - What previous guests thought, 3,341 reviews

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

  • Scored out of 10, guest rating 8.9
    Excellent - What previous guests thought, 276 reviews

    Found in central Reykjavík, this boutique hotel is set in a listed-building, designed by former state architect Gudjón Samúelsson in 1917.

  • Scored out of 10, guest rating 8.4
    Very Good - What previous guests thought, 394 reviews

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

  • Scored out of 10, guest rating 9.1
    Wonderful - What previous guests thought, 476 reviews

    This hotel is located about 5 minutes' walk from Harpa Concert Hall. Reykjavik Konsulat Hotel, Curio Collection By Hilton in Reykjavík features a bath house and complimentary fitness center.

  • Scored out of 10, guest rating 9.0
    Wonderful - What previous guests thought, 700 reviews

    Hotel Reykjavík Saga features a fitness center, garden, a terrace and restaurant in Reykjavík. With free WiFi, this 4-star hotel offers room service and a 24-hour front desk.

  • Scored out of 10, guest rating 8.1
    Very Good - What previous guests thought, 296 reviews

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

  • Scored out of 10, guest rating 9.5
    Exceptional - What previous guests thought, 33 reviews

    Vibrant Hafnatorg I Spacious Property with Expansive Garage 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 8.7
    Excellent - What previous guests thought, 1,445 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 8.3
    Very Good - What previous guests thought, 6 reviews

    Reykjavík Rainbow Guesthouse features rooms with free Wifi in the center of Reykjavík.

Enjoy breakfast in Reykjavík and nearby

  • Scored out of 10, guest rating 8.9
    Excellent - What previous guests thought, 2,834 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 8.8
    Excellent - What previous guests thought, 2,892 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 8.6
    Excellent - What previous guests thought, 3,235 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, 1,283 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, 2,182 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, 2,260 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 7.9
    Good - What previous guests thought, 400 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, 1,781 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.

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

  • Scored out of 10, guest rating 8.5
    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 9.2
    Wonderful - What previous guests thought, 571 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 7.9
    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 10.0
    Exceptional - What previous guests thought, 3 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 8.0
    Very Good - What previous guests thought, 1,200 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 8.0
    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 9.5
    Exceptional - What previous guests thought, 44 reviews

    A 6-minute walk from Hallgrímskirkja Church in the center of Reykjavík, Moon Apartments offers accommodations with free Wifi and access to a hot tub.

  • Scored out of 10, guest rating 8.6
    Excellent - What previous guests thought, 1,185 reviews

    In a prime location in the Vesturbær district of Reykjavík, Refurinn Reykjavik Guesthouse is located a 17-minute walk from Hallgrímskirkja Church, one mile from Solfar Sun Voyager and 2.3 miles from...

FAQ about cheap hotels in Reykjavík

Cheap hotels that guests love in Reykjavík

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  • Avg. price/night: $414.55
    Scored out of 10, guest rating 7.7
    Good - What previous guests thought, 2,280 reviews
    The room I booked was clean, comfortable and affordable. It was exactly as it was advertised. The on-site shared kitchen was clean and well stocked with plates, cups and cutlery. The location was great as I took a number of tours leaving from the BSI bus terminal where most tours originate. The response that I received from the service staff was prompt when making enquires and I would highly recommend this guesthouse for anyone traveling on a budget.
    Guest review by
    Kathryn
    Family with young children
  • Avg. price/night: $292.69
    Scored out of 10, guest rating 8.7
    Excellent - What previous guests thought, 836 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: $221.56
    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
  • Avg. price/night: $184.12
    Scored out of 10, guest rating 8.1
    Very Good - What previous guests thought, 3,341 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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