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 pick of great cheap hotels in Reykjavík

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CityHub Reykjavik

Hotel in Reykjavík 101, Reykjavík

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

A
Andréa
From
France
Absolutely amazing! Everything that I need and even more than I could have wished for. The rooms are very comfortable and towels and soap are provided, there's a common room that you can go at anytime to have a drink, eat your food or just chill on a loungey atmosphere. The staff is really friendly and will be happy to advice you on what to see and how to get around the city. I completely discovered the chain City hub at Reykjavik and think there should more places with the same concept around the world. Really I have nothing negative to say: it is calm, the system is clever and everything is thought for you to enjoy your stay!
Scored out of 10, guest rating 9.0
Superb - What previous guests thought, 986 reviews
Price from
US$120.46
1 night, 2 adults

Nordic Hostel

Reykjavík 101, Reykjavík

Nordic Hostel is well located in the centre of Reykjavík, and provides a shared lounge, free WiFi and a bar.

Y
Yanina
From
Argentina
Amazing hostel. Comfortable beds, with their own separation for privacy. Super clean. Located about 8 mins to the town center.
Scored out of 10, guest rating 9.3
Superb - What previous guests thought, 891 reviews
Price from
US$133.60
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

Situated in Reykjavík and only 4.5 km from The Pearl, Lara Studio in Laugardalur valley, Reykjavík Central Park and Botanical Garden, Private entrance, FREE Private Parking on side features...

D
Damian
From
Switzerland
Very relaxing little Appartement wirh everything you need. The also offer free coffe, drinks and cake
Scored out of 10, guest rating 9.5
Exceptional - What previous guests thought, 158 reviews
Price from
US$246.97
1 night, 2 adults

Iceland SJF Apartments - 201

Reykjavík East, Reykjavík

Set in Reykjavík, 2.9 km from Nauthólsvík Geothermal Beach and 1.3 km from Solfar Sun Voyager, Iceland SJF Apartments - 201 offers air-conditioned accommodation with a balcony and free WiFi.

A
Andrejs
From
Ireland
Spacious, modern, very clean. Very warm.
Scored out of 10, guest rating 9.6
Exceptional - What previous guests thought, 127 reviews
Price from
US$399.35
1 night, 2 adults

Iceland SJF Apartments - 503

Reykjavík East, Reykjavík

A recently renovated apartment set in the Reykjavík East district of Reykjavík, Iceland SJF Apartments - 503 offers accommodation with with a garden, parking on-site and free WiFi.

a
andykadir
From
India
Great host, clean apartment and great amenities such as washing facilities etc
Scored out of 10, guest rating 9.4
Superb - What previous guests thought, 135 reviews
Price from
US$504.45
1 night, 2 adults

Iceland SJF Apartments - 401

Reykjavík East, Reykjavík

Situated in Reykjavík, 2.9 km from Nauthólsvík Geothermal Beach and 1.4 km from Solfar Sun Voyager, Iceland SJF Apartments - 401 features air-conditioned accommodation with a balcony and free WiFi.

J
Joana
From
Portugal
Very confortable and cozy apartment, with everything we needed for a nice stay in Reykjavik. Two nice and confortable bedroom and nicely equipped kitchen. Free and nice parking outside in front of the building. We totally recomend this place!
Scored out of 10, guest rating 9.6
Exceptional - What previous guests thought, 181 reviews
Price from
US$399.35
1 night, 2 adults

Lundur Apartments - Down Town

Reykjavík 101, Reykjavík

Ideally set right in the centre of Reykjavík, Lundur Apartments - Down Town is a recently renovated apartment, featuring free WiFi and private parking.

C
Chin Yin
From
Malaysia
Beautiful apartment with full facilities. Definitely recommending to others
Scored out of 10, guest rating 9.1
Superb - What previous guests thought, 130 reviews
Price from
US$482.38
1 night, 2 adults

Center Apartments - Esja

Reykjavík East, Reykjavík

2.8 km from Nauthólsvík Geothermal Beach, Center Apartments - Esja is situated in Reykjavík and features air-conditioned rooms with free WiFi. Guests staying at this apartment have access to a...

l
luis
From
Portugal
It's a very Nice appartment
Scored out of 10, guest rating 9.0
Superb - What previous guests thought, 250 reviews
Price from
US$326.96
1 night, 2 adults

Center apartments - Hekla

Reykjavík East, Reykjavík

Situated in Reykjavík, 2.8 km from Nauthólsvík Geothermal Beach and 1.4 km from Solfar Sun Voyager, Center apartments - Hekla features air-conditioned accommodation with a balcony and free WiFi.

B
Berro
From
Netherlands
The host was very friendly especially for extra towels. He was nice enough to give us good locations for the aurora. The apartment is cosy and exactly what we needed.
Scored out of 10, guest rating 9.2
Superb - What previous guests thought, 153 reviews
Price from
US$294.26
1 night, 2 adults

B 18-20 Apartments

Reykjavík East, Reykjavík

Offering city views, B 18-20 Apartments is set in the Reykjavík East district of Reykjavík, 2.8 km from Nauthólsvík Geothermal Beach and 1.4 km from Solfar Sun Voyager.

R
Rebecca
From
Australia
Great location, lovely flat, easy to make our way into town or out to see the country.
Scored out of 10, guest rating 9.1
Superb - What previous guests thought, 319 reviews
Price from
US$293.21
1 night, 2 adults
All cheap hotels in Reykjavík

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 Reykjavík and surroundings 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, 2,475 reviews
  • Popular with guests booking cheap hotels in Reykjavík

    Scored out of 10, guest rating 8.4
    Very good - What previous guests thought, 4,418 reviews
  • Popular with guests booking cheap hotels in Reykjavík

    Scored out of 10, guest rating 8.6
    Fabulous - What previous guests thought, 3,213 reviews
  • Popular with guests booking cheap hotels in Reykjavík

    Scored out of 10, guest rating 8.5
    Very good - What previous guests thought, 3,420 reviews
  • Popular with guests booking cheap hotels in Reykjavík

    Scored out of 10, guest rating 8.0
    Very good - What previous guests thought, 2,576 reviews
  • Popular with guests booking cheap hotels in Reykjavík

    Scored out of 10, guest rating 8.0
    Very good - What previous guests thought, 5,049 reviews
  • Popular with guests booking cheap hotels in Reykjavík

    Scored out of 10, guest rating 8.1
    Very good - What previous guests thought, 3,721 reviews
  • Popular with guests booking cheap hotels in Reykjavík

    Scored out of 10, guest rating 8.0
    Very good - What previous guests thought, 4,544 reviews
  • Popular with guests booking cheap hotels in Reykjavík

    Scored out of 10, guest rating 7.9
    Good - What previous guests thought, 3,770 reviews
  • Popular with guests booking cheap hotels in Reykjavík

    Scored out of 10, guest rating 8.2
    Very good - What previous guests thought, 6,883 reviews

Enjoy breakfast in Reykjavík and nearby

  • Scored out of 10, guest rating 9.2
    Superb - What previous guests thought, 544 reviews

    Iceland Parliament Hotel, Curio Collection By Hilton features a fitness centre, shared lounge, a restaurant and bar in Reykjavík.

    From US$295.88 per night
  • Scored out of 10, guest rating 9.0
    Superb - What previous guests thought, 470 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 centre.

    From US$382.55 per night
  • Scored out of 10, guest rating 9.1
    Superb - What previous guests thought, 830 reviews

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

    From US$332.33 per night
  • Scored out of 10, guest rating 8.9
    Fabulous - What previous guests thought, 2,747 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.

    From US$266.27 per night
  • Exeter Hotel

    Reykjavík
    Breakfast options
    Scored out of 10, guest rating 8.7
    Fabulous - What previous guests thought, 2,769 reviews

    This contemporary design hotel is set in Reykjavík's Old Harbour area, 500 metres from Harpa Concert Hall & Conference Centre.

    From US$268.57 per night
  • Scored out of 10, guest rating 8.8
    Fabulous - What previous guests thought, 524 reviews

    Located just a 2-minute walk from Laugavegur Shopping Street, Canopy by Hilton Reykjavik City Centre in Reykjavík boasts a number of amenities including a fitness centre and a bar.

    From US$340.41 per night
  • Scored out of 10, guest rating 8.6
    Fabulous - What previous guests thought, 3,213 reviews

    Set in the popular 101 harbour district of Berjaya Reykjavik Marina Hotel offers free Wi-Fi access. All rooms include a flat-screen TV and either city or harbor views.

    From US$301.38 per night
  • Hotel Ódinsvé

    Reykjavík
    Breakfast options
    Scored out of 10, guest rating 8.3
    Very good - What previous guests thought, 1,297 reviews

    Hotel Odinsve is 400 metres from Laekjartorg Square in central Reykjavik. It offers free Wi-Fi internet. All rooms have satellite TV, hardwood floors and a tea/coffee maker.

    From US$252.81 per night

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

  • Scored out of 10, guest rating 8.2
    Very good - What previous guests thought, 296 reviews

    Located in the centre of Reykjavík, Day Dream Historical Grjótagata 4 provides rooms with free WiFi. The property has garden and city views, and is 1.2 km from Hallgrímskirkja Church.

    From US$304.01 per night
  • Scored out of 10, guest rating 9.2
    Superb - What previous guests thought, 16 reviews

    Located in the centre of Reykjavík, Amazing Design Apartment in Downtown Reykjavik provides accommodation with free WiFi in a historic building.

  • Scored out of 10, guest rating 8.4
    Very good - What previous guests thought, 1,718 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.

    From US$248.62 per night
  • Scored out of 10, guest rating 9.3
    Superb - What previous guests thought, 603 reviews

    These luxury apartments in central Reykjavik are just 350 metres from Old Reykjavik Harbour. Each features free WiFi, contemporary furnishings, an iPad and city-view balcony.

    From US$399.35 per night
  • Scored out of 10, guest rating 9.2
    Superb - What previous guests thought, 662 reviews

    Set in Reykjavík city centre, these apartments have a full kitchen and a TV with DVD player. Wi-Fi is free. Hallgrímskirkja Church and Laugavegur shopping street are easily accessed.

  • Scored out of 10, guest rating 8.0
    Very good - What previous guests thought, 1,174 reviews

    Set within 1.4 km of Hallgrímskirkja Church and 1.3 km of Solfar Sun Voyager in Reykjavík, Day Dream Vesturgata 17 Reykjavik offers accommodation with seating area.

    From US$183.91 per night
  • Scored out of 10, guest rating 8.8
    Fabulous - What previous guests thought, 5 reviews

    Situated in Reykjavík, 1.3 km from Hallgrímskirkja Church, Ranargata Apartments by Heimaleiga features rooms with city views and free WiFi.

    From US$292.10 per night
  • Scored out of 10, guest rating 8.0
    Very good - What previous guests thought, 15 reviews

    Situated 400 metres from Hallgrímskirkja Church and less than 1 km from Solfar Sun Voyager in the centre of Reykjavík, Cultural Gem in the Heart of Central Reykjavík features accommodation with free...

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

  • Scored out of 10, guest rating 8.0
    Very good - What previous guests thought, 363 reviews

    Odinn Apartments is situated in Reykjavík, 300 metres from Hallgrímskirkja Church and 700 metres from Harpa Concert Hall & Conference Centre.

    From US$437.89 per night
  • Scored out of 10, guest rating 7.9
    Good - What previous guests thought, 27 reviews

    In the Reykjavík 101 district of Reykjavík, close to Solfar Sun Voyager, Best location Downtown Reykjavik - Bergstaðastræti 33 has free WiFi and a washing machine.

  • Scored out of 10, guest rating 8.8
    Fabulous - What previous guests thought, 354 reviews

    Set within 400 metres of Hallgrímskirkja Church and 700 metres of Solfar Sun Voyager in the centre of Reykjavík, Design apartments in the heart of Reykjavik offers accommodation with free WiFi and...

    From US$346.81 per night
  • Scored out of 10, guest rating 8.3
    Very good - What previous guests thought, 2,475 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.

    From US$246.38 per night
  • Scored out of 10, guest rating 7.9
    Good - What previous guests thought, 1,239 reviews

    Just off the Laugavegur shopping street, Grettir Guesthouse Downtown Charm features self-service check-in. This property is a 5-minute walk from Hallgrimskirkja Church. Free WiFi is available.

    From US$158.96 per night
  • Scored out of 10, guest rating 8.5
    Very good - What previous guests thought, 2,627 reviews

    All units at The Swan House by Heimaleiga feature a flat-screen TV, wooden floors and minimalist-style decor.

    From US$274.99 per night
  • Scored out of 10, guest rating 8.4
    Very good - What previous guests thought, 76 reviews

    In the Reykjavík 101 district of Reykjavík, close to Hallgrímskirkja Church, Freyjugata Apartments by Heimaleiga features a terrace and a washing machine.

  • Scored out of 10, guest rating 8.4
    Very good - What previous guests thought, 1,598 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.

    From US$209.99 per night

FAQ about cheap hotels in Reykjavík

Cheap hotels that guests love in Reykjavík

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  • Avg. price/night: US$186.95
    Scored out of 10, guest rating 8.7
    Fabulous - What previous guests thought, 894 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: US$138.78
    Scored out of 10, guest rating 8.1
    Very good - What previous guests thought, 3,721 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