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

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The best cheap hotels in Ólafsvík

Check out our pick of great cheap hotels in Ólafsvík

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Við Hafið Guesthouse

Ólafsvík

Located along the coastline, Við Hafið Guesthouse offers accommodation in Ólafsvík. Guests can benefit from free WiFi. Rooms feature either a view of the sea or mountains.

Y
Yeonho
From
South Korea
Everything was perfect. First, the kitchen was absolutely neat and ordered. It was like a home's one. Also the staff was so kind. And the location is the center of Olafsvik. The laundry fee was so cheap in spite of very good laundry machine. I've never washed my laundry by hot water except here. And I could dry my laundry about 2 hours. Even I could use it for free because the card reader was out of order. They could ask me to pay by cash. (Of course, I didn't have any cash during stay in Iceland.) All things seemed to be considered for guests. And very fortunately I stayed alone in a 8-beds room. The day I stayed was seemd that guest was just me. Regardless of that, the staff did her best. Thank u so much. I really hope the guesthouse will be crowded by so many guests. Because when I visit Iceland again, I will definitely stay there again. I felt it was kind of my hometown. I stayed in Helisandur on the next day(yesterday) and I am leaving from Iceland today. I am very sorry I can't stay more there. Thank you so much. The guesthouse should be prospered.
Scored out of 10, guest rating 8.6
Fabulous - What previous guests thought, 1,397 reviews
Price from
US$145.83
1 night, 2 adults

Olafsvik Guesthouse

Ólafsvík

Located in Ólafsvík, Olafsvik Guesthouse features a shared lounge. This guest house provides free private parking and a shared kitchen.

P
Prathima Raje
From
India
Great stay, very comfortable for 2!
Scored out of 10, guest rating 8.3
Very good - What previous guests thought, 329 reviews
Price from
US$144.75
1 night, 2 adults

Bikers Paradise Olafsvik

Ólafsvík

Bikers Paradise Olafsvik is situated in Ólafsvík and offers a shared lounge. This guest house features free private parking, a shared kitchen and free WiFi.

W
Wan Xin
From
Malaysia
We got a room with private toilet and room was spacious and just nice for a group of 4. There was no other guests in the premise so we just had the whole place on our own.
Scored out of 10, guest rating 8.5
Very good - What previous guests thought, 614 reviews
Price from
US$191.07
1 night, 2 adults

Hotel Vest Mar

Ólafsvík

Hotel Vest Mar welcomes you to the charming fishing village of Ólafsvík, offering a cozy and relaxing stay just minutes from Snæfellsjökull National Park.

K
Krina
From
India
We had a warm and comfortable stay. We truly enjoyed our time here, the space was lovely, well-kept, and added so much comfort to our Iceland trip.! :)
Scored out of 10, guest rating 8.4
Very good - What previous guests thought, 361 reviews
Price from
US$216.55
1 night, 2 adults

Aurora cozy Apartments

Ólafsvík

Located in Ólafsvík in the West Iceland region, Aurora cozy Apartments provides accommodation with free WiFi and free private parking. The property features mountain and garden views.

M
Maria Magdalena
From
Austria
Very, very clean and comfortable!
Scored out of 10, guest rating 8.5
Very good - What previous guests thought, 46 reviews
Price from
US$289.50
1 night, 2 adults

The Freezer Hostel & Culture Center

Hellissandur (Near Ólafsvík)

Situated on western Iceland’s Snaefellsnes Peninsula, this former fish processing factory has been converted into a professional theatre and artsy hostel. Free WiFi access is available throughout.

P
Phoebe
From
Germany
The Freezer Hostel is probably one of the coolest places I’ve stayed at in Iceland! It’s beautifully decorated with a lot of art and characters, even the rooms are covered in art! The rooms were nice, beds comfy and the kitchen was pretty well equipped- you’ll find everything you need. The staff is super friendly, happy to tell you all the fun stories about the places or help you plan your day.
Scored out of 10, guest rating 8.1
Very good - What previous guests thought, 1,239 reviews
Price from
US$138.61
1 night, 2 adults

Adventure Hotel Hellissandur

Hellissandur (Near Ólafsvík)

Adventure Hotel Hellissandur in Hellissandur features 3-star accommodation with a terrace, a restaurant and a bar. Guests can have a drink at the snack bar.

M
Margherita Simona
From
Spain
Staff is incredibly helpful and smiling. Excellent facilities and very good location.
Scored out of 10, guest rating 8.3
Very good - What previous guests thought, 634 reviews
Price from
US$316.13
1 night, 2 adults

Gamla Rif

Snæfellsbær (Near Ólafsvík)

Gamla Rif provides rooms in Snæfellsbær. This guest house offers air-conditioned accommodation with a terrace and free WiFi.

M
Matej
From
Slovenia
Very good communication with owner before my arrival - i recieved all instruction on mail. Location and parking are good, also the area is nice. Very clean bathroom. Good value for money.
Scored out of 10, guest rating 7.9
Good - What previous guests thought, 441 reviews
Price from
US$887.78
1 night, 2 adults

Peninsula Suites

Hellnar (Near Ólafsvík)

Peninsula Suites is located in Hellnar. This property offers access to a balcony, free private parking and free WiFi.

D
Dorota
From
Poland
Absolutely stunning apartment—this might be the most unique place we've ever stayed. From the breathtaking views of the sea and cliffs to the thoughtful design, we loved every minute! We slept like babies on the incredibly comfortable beds, and the shower was amazing, complete with such high-quality products. They truly think of every detail!! The space was super functional, we cooked ourselves a cozy dinner in the apartment and enjoyed the complimentary coffee in the morning. It was really easy to access, and the location couldn’t be better, it is close to the national park, seals, waterfalls, and even a glacier, all with stunning views over the ocean. We even saw a seal resting on the rocks just a minute from the apartment! This is such a unique spot, with total privacy and nature all around. Worth every single buck and we’ll definitely be back!!!
Scored out of 10, guest rating 9.8
Exceptional - What previous guests thought, 134 reviews
Price from
US$451.62
1 night, 2 adults

Kambur Cottages

Snæfellsbær (Near Ólafsvík)

Kambur Cottages has sea views, free WiFi and free private parking, situated in Snæfellsbær. With mountain views, this accommodation features a terrace. The guest house features family rooms.

F
Fynn
From
Germany
Beautiful cottage with a fully equipped kitchen. They even had an egg slicer. You have a great view to the sea, the room was cosy and the water was hot. Our only regret is that we didn’t stay longer!
Scored out of 10, guest rating 9.1
Superb - What previous guests thought, 96 reviews
Price from
US$359.41
1 night, 2 adults
All cheap hotels in Ólafsvík

Looking for a cheap hotel?

For those on a budget, these cheap and cheerful hotels still have a lot to offer, with most offering WiFi and convenient locations. Popular with backpackers, many properties can be found in central locations and include comfortable rooms with private or shared bathrooms. You’ll also find a number of options which feature a 24-hour front desk and luggage storage.

Most booked cheap hotels in Ólafsvík and surroundings in the past month

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Cheap hotels that guests love in Ólafsvík

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  • Avg. price/night: US$114.64
    Scored out of 10, guest rating 8.3
    Very good - What previous guests thought, 329 reviews
    We liked the town of Ólafsvik for its location and the Sker restaurant. The rooms are clean and comfortable.
    Guest review by
    Grelinette
    Family with young children
  • Avg. price/night: US$155.29
    Scored out of 10, guest rating 8.6
    Fabulous - What previous guests thought, 1,397 reviews
    It was very quiet and very clean. The staff was super helpful and nice. The kitchen is well equipped and the whole house seems quite new.
    Guest review by
    Eva
    Young couple
  • Avg. price/night: US$155.29
    Scored out of 10, guest rating 8.6
    Fabulous - What previous guests thought, 1,397 reviews
    • Well equipped guesthouse • Spacious kitchen to share with a beach view • Washer & dryer available, since many places in Iceland don’t have that. (Isk 8000) • Very clean room • Several toilets and shower to share, didn’t have to wait for one even the guesthouse was pretty full • Staff are helpful :) • Location is great • Do note there are strict rules about not using the common kitchen, washer and dryer after 9/10pm. Since the common area is close to other guests room.
    Guest review by
    Jackie
    People with friends
  • Avg. price/night: US$155.29
    Scored out of 10, guest rating 8.6
    Fabulous - What previous guests thought, 1,397 reviews
    Tidy, very clean and comfortable. we were surprised how good it was given the description as a hostel. In some countries hostels can be poor but not in Iceland it seems. The only minus was that the heating made the room very hot and not ideal for sleeping but the beds were very comfortable. If you are thinking of staying in Olafsvik, this is a great option!
    Guest review by
    Ken
    Young couple