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
Sarah
From
United States
Everything was perfect, the entire staff was so helpful and courteous, I can't think of one negative thing to say, other than the front door is a bit hard to find (but that's probably only a me problem)
Scored out of 10, guest rating 9.3
Wonderful - What previous guests thought, 758 reviews
Price from
$118.98
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.

S
Sharece
From
United States
It’s literally a loft, home away from home.
Scored out of 10, guest rating 9.0
Wonderful - What previous guests thought, 451 reviews
Price from
$259.09
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...

D
Dan
From
Canada
Absolutely wonderful stay! The apartment was not only beautiful and spotless, but it also had everything I needed for a comfortable visit, from kitchen essentials to cozy touches that made it feel like home. The neighborhood was peaceful and quiet. I couldn’t be happier with my experience and would absolutely book again without hesitation!
Scored out of 10, guest rating 9.5
Exceptional - What previous guests thought, 140 reviews
Price from
$177.01
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.

L
Linda
From
United States
The property was very clean and comfortable.
Scored out of 10, guest rating 9.6
Exceptional - What previous guests thought, 116 reviews
Price from
$399.13
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 9.3
Wonderful - What previous guests thought, 128 reviews
Price from
$315.10
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.

A
Azenith
From
Philippines
Well equiped, spacious and clean apartment. Laundry room is available to wash and dry clothes. Huge TV in the living room. Coffee machine with pods. The instructions given for check in is clear.
Scored out of 10, guest rating 9.5
Exceptional - What previous guests thought, 173 reviews
Price from
$378.12
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.

R
Rajat Bothra
From
Denmark
Amazing experience ! Totally liked the stay. The place was clean and well maintained with many modern things. PLUS : I could also see the northern lights directly from the balcony. The check-in and check-out was very easy.
Scored out of 10, guest rating 9.4
Wonderful - What previous guests thought, 100 reviews
Price from
$207.97
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.

S
Suping
From
Canada
Beautiful view. Very olean. Super easy to check in. Free parking
Scored out of 10, guest rating 9.0
Wonderful - What previous guests thought, 113 reviews
Price from
$172.26
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, 118 reviews
Price from
$482.11
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.

B
Bryndís A Árnadóttir
From
Iceland
I liked the cleanliness and the cozy apartment.
Scored out of 10, guest rating 9.0
Wonderful - What previous guests thought, 244 reviews
Price from
$326.77
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 8.6
    Excellent - What previous guests thought, 2,934 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 8.5
    Very Good - What previous guests thought, 3,758 reviews
  • Popular with guests booking cheap hotels in Reykjavík

    Scored out of 10, guest rating 8.1
    Very Good - What previous guests thought, 2,617 reviews
  • Popular with guests booking cheap hotels in Reykjavík

    Scored out of 10, guest rating 7.9
    Good - What previous guests thought, 3,756 reviews
  • Popular with guests booking cheap hotels in Reykjavík

    Scored out of 10, guest rating 8.1
    Very Good - What previous guests thought, 5,046 reviews
  • Popular with guests booking cheap hotels in Reykjavík

    Scored out of 10, guest rating 7.9
    Good - What previous guests thought, 4,623 reviews
  • Popular with guests booking cheap hotels in Reykjavík

    Scored out of 10, guest rating 8.1
    Very Good - What previous guests thought, 6,925 reviews
  • Popular with guests booking cheap hotels in Reykjavík

    Scored out of 10, guest rating 8.1
    Very Good - What previous guests thought, 3,424 reviews

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

  • Scored out of 10, guest rating 9.9
    Exceptional - What previous guests thought, 43 reviews

    City View Lux in the City Center with Free Parking offers accommodations in Reykjavík, 2.1 miles from The Pearl and 30 miles from Blue Lagoon.

  • Scored out of 10, guest rating 9.5
    Exceptional - What previous guests thought, 34 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 9.8
    Exceptional - What previous guests thought, 18 reviews

    Harbour View 2BR & 2BA City Center with Free Parking offers accommodations in Reykjavík, 2.1 miles from The Pearl and 30 miles from Blue Lagoon.

  • Scored out of 10, guest rating 8.7
    Excellent - What previous guests thought, 1,451 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 8.9
    Excellent - What previous guests thought, 2,817 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.

  • Scored out of 10, guest rating 8.0
    Very Good - What previous guests thought, 1,212 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 8.7
    Excellent - What previous guests thought, 2,881 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, 687 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.

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, 1,382 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 8.3
    Very Good - What previous guests thought, 1,284 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 7.9
    Good - What previous guests thought, 1,260 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.

  • Scored out of 10, guest rating 8.9
    Excellent - What previous guests thought, 768 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, 2,503 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 8.8
    Excellent - What previous guests thought, 2,157 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, 2,265 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 8.1
    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.

Enjoy breakfast in Reykjavík and nearby

  • Scored out of 10, guest rating 8.0
    Very Good - What previous guests thought, 438 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, 1,744 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 8.7
    Excellent - What previous guests thought, 1,505 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.

  • Hotel Vera

    Reykjavík
    Breakfast options
    Scored out of 10, guest rating 8.2
    Very Good - What previous guests thought, 1,326 reviews

    Ideally located in the Miðborg district of Reykjavík, Hotel Vera is located a 7-minute walk from Solfar Sun Voyager, 600 yards from Hallgrímskirkja Church and 1.6 miles from The Pearl.

  • Scored out of 10, guest rating 8.6
    Excellent - What previous guests thought, 1,044 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, 1,161 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.

  • Scored out of 10, guest rating 8.7
    Excellent - What previous guests thought, 871 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, 1,576 reviews

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

FAQ about cheap hotels in Reykjavík

Cheap hotels that guests love in Reykjavík

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  • Avg. price/night: $236.21
    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: $201.90
    Scored out of 10, guest rating 8.0
    Very Good - What previous guests thought, 2,265 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: $172.74
    Scored out of 10, guest rating 8.1
    Very Good - What previous guests thought, 3,424 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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