Cheap and budget hotels in Reykjavik

with the largest selection, best availability, and unbeatable prices

Iceland

Capital Region

Reykjavik

1-15 of 65 places to stay

Aska Holt
Aska Holt

Hotel

700 m to the city centre
Reykjavík East

Good

(2261 reviews)

8

Guests of the 3-star Aska Holt Reykjavik hotel can enjoy access to the large indoor Kolaportith Bazaar, located 25 minutes' walk away. Wi-Fi is provided in public areas.

starts from

US$ 106 per one night

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Urban Rvk Studios By Heimaleiga
Urban Rvk Studios By Heimaleiga

Hotel

800 m to the city centre
Reykjavík East

Good

(3049 reviews)

7.8

The 2-star Urban Rvk Studios By Heimaleiga Reykjavik hotel is situated in the Reykjavik East district, a mere 12 minutes' walk from Reykjavik Family Park and Zoo and features 50 rooms with views of…

starts from

US$ 71 per one night

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Travel Inn
Travel Inn

Guest house

1 km to the city centre
Soleyjargata 31, Reykjavik, Iceland

Good

(2376 reviews)

7.8

Offering a location 5 minutes' walk from the bird-filled park "Parc Hljomskalagardur", Travel Inn Reykjavik offers 14 rooms.

starts from

US$ 118 per one night

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Hostel B47
Hostel B47

Hostel

1.3 km to the city centre
Baronstigur 47, Reykjavik, Iceland

Good

(4586 reviews)

8

Featuring a vending machine and a lift, Hostel B47 is situated 16 minutes' walk from Icelandic Street Food. The hostel lies in the Reykjavik 101 district, and the nearest bus stop, Baronsstigur /…

starts from

US$ 55 per one night

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Nordic Hostel
Nordic Hostel

Hostel

1.4 km to the city centre
56 Snorrabraut, Reykjavik, Iceland

Excellent

(1172 reviews)

9.2

Nordic Hostel Reykjavik, located about 20 minutes' walk from the futuristic revolving glass-domed fine Perlan Dining Restaurant, features Wi-Fi in the rooms. This Reykjavik hostel lies in the…

starts from

US$ 83 per one night

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Reykjavik Treasure B&B
Reykjavik Treasure B&B

Bed & Breakfast

200 m to the city centre
Fischersund 3, Reykjavik, Iceland

Excellent

(926 reviews)

9.4

The 3-star Reykjavik Treasure B&B offers quick access to the Reykjavik Museum of Photography, situated approximately a 5-minute walk away. Luggage storage are available for guests' convenience at the…

starts from

US$ 200 per one night

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Day Dream Vesturgata 17 Reykjavik
Day Dream Vesturgata 17 Reykjavik

Aparthotel

300 m to the city centre
Vesturgata 17, Reykjavik, Iceland

Good

(1103 reviews)

8

Featuring views of the mountain, Day Dream Vesturgata 17 Reykjavik Aparthotel is located 19 minutes' walk from the Lutheran Hallgrimskirkja Parish Church. Guests will enjoy a buffet breakfast and…

starts from

US$ 72 per one night

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Student Hostel
Student Hostel

Hostel

800 m to the city centre
Hringbraut 29, Reykjavik, Iceland

Excellent

(1298 reviews)

8.4

Located merely a 5-minute walk from University of Iceland, Student Hostel Reykjavik offers guests to make use of tour/ticket assistance. Located in the vicinity of the Reykjavík Cathedral, this…

starts from

US$ 122 per one night

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Reykjavik Central Guesthouse
Reykjavik Central Guesthouse

Guest house

1.4 km to the city centre
Reykjavík East

Good

(744 reviews)

7.6

Offering a location a 5-minute walk from the Statue of Leif Eiriksson, Reykjavik Central Guesthouse offers 15 rooms.

starts from

US$ 81 per one night

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Laekur Guesthouse
Laekur Guesthouse

Guest house

1.6 km to the city centre
Reykjavík East

Good

(153 reviews)

8

The smoke-free Laekur Guesthouse Reykjavik sits about 5 minutes' walk from the Sólfar Sculpture and offers a restaurant and a storage room. The 2-star hotel features both Wi-Fi throughout the…

starts from

US$ 98 per one night

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Refurinn Reykjavik Guesthouse
Refurinn Reykjavik Guesthouse

Hostel

400 m to the city centre
26 Aegisgata, Reykjavik, Iceland

Excellent

(1117 reviews)

8.6

Inviting guests to enjoy a luggage room, Refurinn Reykjavik hostel is located a mere 11 minutes' walk from Bonus supermarket.

starts from

US$ 131 per one night

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Heart House Guesthouse
Heart House Guesthouse

Guest house

100 m to the city centre
Veltusund, Reykjavik, Iceland

Excellent

(382 reviews)

8.2

Heart House Guesthouse Reykjavik lies in the Reykjavik 101 district, within reach of entertainment venues like Harpa Concert Hall and Conference Centre, 650 metres away.

starts from

US$ 154 per one night

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B14 Hostel
B14 Hostel

Hostel

1.7 km to the city centre
Reykjavík East

Excellent

(557 reviews)

8.4

Located merely a 5-minute walk from the Reebok CrossFit Reykjavik, the budget B14 Hostel Reykjavik offers a shared lounge and various recreational opportunities for added enjoyment. Featuring Wi-Fi…

starts from

US$ 65 per one night

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Ubak Guesthouse
Ubak Guesthouse

Guest house

4.1 km to the city centre
Urtharbakki 30, 109 Reykjavik, Iceland, Reykjavik, Iceland

Excellent

(337 reviews)

8.4

Guests of Ubak Guesthouse Reykjavik can enjoy easy access to the Mjódd Shopping Centre, which is situated only 5 minutes' walk away.

starts from

US$ 75 per one night

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Sm Hostel
Sm Hostel

Hostel

1.1 km to the city centre
Reykjavík East

Good

(405 reviews)

8

Guests of Sm Hostel Reykjavik may benefit from a storage for belongings. Located around 5 minutes on foot from the Mosque of Reykjavík, the Reykjavik hostel is 2.3 km from shopping venues such as the…

starts from

US$ 50 per one night

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Aska Holt

Hotel

700 m to the city centre

Reykjavík East

Good

(2261 reviews)

Guests of the 3-star Aska Holt Reykjavik hotel can enjoy access to the large indoor Kolaportith Bazaar, located 25 minutes' walk away. Wi-Fi is provided in public areas.

starts from

US$ 106 per one night

View hotel

Urban Rvk Studios By Heimaleiga

Hotel

800 m to the city centre

Reykjavík East

Good

(3049 reviews)

7.8

The 2-star Urban Rvk Studios By Heimaleiga Reykjavik hotel is situated in the Reykjavik East district, a mere 12 minutes' walk from Reykjavik Family Park and Zoo and features 50 rooms with views of…

starts from

US$ 71 per one night

View hotel

Travel Inn

Guest house

1 km to the city centre

Soleyjargata 31, Reykjavik, Iceland

Good

(2376 reviews)

7.8

Offering a location 5 minutes' walk from the bird-filled park "Parc Hljomskalagardur", Travel Inn Reykjavik offers 14 rooms.

starts from

US$ 118 per one night

View hotel

Hostel B47

Hostel

1.3 km to the city centre

Baronstigur 47, Reykjavik, Iceland

Good

(4586 reviews)

Featuring a vending machine and a lift, Hostel B47 is situated 16 minutes' walk from Icelandic Street Food. The hostel lies in the Reykjavik 101 district, and the nearest bus stop, Baronsstigur /…

starts from

US$ 55 per one night

View hotel

Nordic Hostel

Hostel

1.4 km to the city centre

56 Snorrabraut, Reykjavik, Iceland

Excellent

(1172 reviews)

9.2

Nordic Hostel Reykjavik, located about 20 minutes' walk from the futuristic revolving glass-domed fine Perlan Dining Restaurant, features Wi-Fi in the rooms. This Reykjavik hostel lies in the…

starts from

US$ 83 per one night

View hotel

Reykjavik Treasure B&B

Bed & Breakfast

200 m to the city centre

Fischersund 3, Reykjavik, Iceland

Excellent

(926 reviews)

9.4

The 3-star Reykjavik Treasure B&B offers quick access to the Reykjavik Museum of Photography, situated approximately a 5-minute walk away. Luggage storage are available for guests' convenience at the…

starts from

US$ 200 per one night

View hotel

Day Dream Vesturgata 17 Reykjavik

Aparthotel

300 m to the city centre

Vesturgata 17, Reykjavik, Iceland

Good

(1103 reviews)

Featuring views of the mountain, Day Dream Vesturgata 17 Reykjavik Aparthotel is located 19 minutes' walk from the Lutheran Hallgrimskirkja Parish Church. Guests will enjoy a buffet breakfast and…

starts from

US$ 72 per one night

View hotel

Student Hostel

Hostel

800 m to the city centre

Hringbraut 29, Reykjavik, Iceland

Excellent

(1298 reviews)

8.4

Located merely a 5-minute walk from University of Iceland, Student Hostel Reykjavik offers guests to make use of tour/ticket assistance. Located in the vicinity of the Reykjavík Cathedral, this…

starts from

US$ 122 per one night

View hotel

Reykjavik Central Guesthouse

Guest house

1.4 km to the city centre

Reykjavík East

Good

(744 reviews)

7.6

Offering a location a 5-minute walk from the Statue of Leif Eiriksson, Reykjavik Central Guesthouse offers 15 rooms.

starts from

US$ 81 per one night

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Laekur Guesthouse

Guest house

1.6 km to the city centre

Reykjavík East

Good

(153 reviews)

The smoke-free Laekur Guesthouse Reykjavik sits about 5 minutes' walk from the Sólfar Sculpture and offers a restaurant and a storage room. The 2-star hotel features both Wi-Fi throughout the…

starts from

US$ 98 per one night

View hotel

Refurinn Reykjavik Guesthouse

Hostel

400 m to the city centre

26 Aegisgata, Reykjavik, Iceland

Excellent

(1117 reviews)

8.6

Inviting guests to enjoy a luggage room, Refurinn Reykjavik hostel is located a mere 11 minutes' walk from Bonus supermarket.

starts from

US$ 131 per one night

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Heart House Guesthouse

Guest house

100 m to the city centre

Veltusund, Reykjavik, Iceland

Excellent

(382 reviews)

8.2

Heart House Guesthouse Reykjavik lies in the Reykjavik 101 district, within reach of entertainment venues like Harpa Concert Hall and Conference Centre, 650 metres away.

starts from

US$ 154 per one night

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B14 Hostel

Hostel

1.7 km to the city centre

Reykjavík East

Excellent

(557 reviews)

8.4

Located merely a 5-minute walk from the Reebok CrossFit Reykjavik, the budget B14 Hostel Reykjavik offers a shared lounge and various recreational opportunities for added enjoyment. Featuring Wi-Fi…

starts from

US$ 65 per one night

View hotel

Ubak Guesthouse

Guest house

4.1 km to the city centre

Urtharbakki 30, 109 Reykjavik, Iceland, Reykjavik, Iceland

Excellent

(337 reviews)

8.4

Guests of Ubak Guesthouse Reykjavik can enjoy easy access to the Mjódd Shopping Centre, which is situated only 5 minutes' walk away.

starts from

US$ 75 per one night

View hotel

Sm Hostel

Hostel

1.1 km to the city centre

Reykjavík East

Good

(405 reviews)

Guests of Sm Hostel Reykjavik may benefit from a storage for belongings. Located around 5 minutes on foot from the Mosque of Reykjavík, the Reykjavik hostel is 2.3 km from shopping venues such as the…

starts from

US$ 50 per one night

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Hotels (65) Holiday rentals (353)

65 properties found

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Aska Holt
Aska Holt

Hotel

700 m to the city centre
Reykjavík East

Good

(2261 reviews)

8

Guests of the 3-star Aska Holt Reykjavik hotel can enjoy access to the large indoor Kolaportith Bazaar, located 25 minutes' walk away. Wi-Fi is provided in public areas.

starts from

US$ 106 per one night

View hotel
Urban Rvk Studios By Heimaleiga
Urban Rvk Studios By Heimaleiga

Hotel

800 m to the city centre
Reykjavík East

Good

(3049 reviews)

7.8

The 2-star Urban Rvk Studios By Heimaleiga Reykjavik hotel is situated in the Reykjavik East district, a mere 12 minutes' walk from Reykjavik Family Park and Zoo and features 50 rooms with views of…

starts from

US$ 71 per one night

View hotel
Travel Inn
Travel Inn

Guest house

1 km to the city centre
Soleyjargata 31, Reykjavik, Iceland

Good

(2376 reviews)

7.8

Offering a location 5 minutes' walk from the bird-filled park "Parc Hljomskalagardur", Travel Inn Reykjavik offers 14 rooms.

starts from

US$ 118 per one night

View hotel
Hostel B47
Hostel B47

Hostel

1.3 km to the city centre
Baronstigur 47, Reykjavik, Iceland

Good

(4586 reviews)

8

Featuring a vending machine and a lift, Hostel B47 is situated 16 minutes' walk from Icelandic Street Food. The hostel lies in the Reykjavik 101 district, and the nearest bus stop, Baronsstigur /…

starts from

US$ 55 per one night

View hotel
Nordic Hostel
Nordic Hostel

Hostel

1.4 km to the city centre
56 Snorrabraut, Reykjavik, Iceland

Excellent

(1172 reviews)

9.2

Nordic Hostel Reykjavik, located about 20 minutes' walk from the futuristic revolving glass-domed fine Perlan Dining Restaurant, features Wi-Fi in the rooms. This Reykjavik hostel lies in the…

starts from

US$ 83 per one night

View hotel
Reykjavik Treasure B&B
Reykjavik Treasure B&B

Bed & Breakfast

200 m to the city centre
Fischersund 3, Reykjavik, Iceland

Excellent

(926 reviews)

9.4

The 3-star Reykjavik Treasure B&B offers quick access to the Reykjavik Museum of Photography, situated approximately a 5-minute walk away. Luggage storage are available for guests' convenience at the…

starts from

US$ 200 per one night

View hotel
Day Dream Vesturgata 17 Reykjavik
Day Dream Vesturgata 17 Reykjavik

Aparthotel

300 m to the city centre
Vesturgata 17, Reykjavik, Iceland

Good

(1103 reviews)

8

Featuring views of the mountain, Day Dream Vesturgata 17 Reykjavik Aparthotel is located 19 minutes' walk from the Lutheran Hallgrimskirkja Parish Church. Guests will enjoy a buffet breakfast and…

starts from

US$ 72 per one night

View hotel
Student Hostel
Student Hostel

Hostel

800 m to the city centre
Hringbraut 29, Reykjavik, Iceland

Excellent

(1298 reviews)

8.4

Located merely a 5-minute walk from University of Iceland, Student Hostel Reykjavik offers guests to make use of tour/ticket assistance. Located in the vicinity of the Reykjavík Cathedral, this…

starts from

US$ 122 per one night

View hotel
Reykjavik Central Guesthouse
Reykjavik Central Guesthouse

Guest house

1.4 km to the city centre
Reykjavík East

Good

(744 reviews)

7.6

Offering a location a 5-minute walk from the Statue of Leif Eiriksson, Reykjavik Central Guesthouse offers 15 rooms.

starts from

US$ 81 per one night

View hotel
Laekur Guesthouse
Laekur Guesthouse

Guest house

1.6 km to the city centre
Reykjavík East

Good

(153 reviews)

8

The smoke-free Laekur Guesthouse Reykjavik sits about 5 minutes' walk from the Sólfar Sculpture and offers a restaurant and a storage room. The 2-star hotel features both Wi-Fi throughout the…

starts from

US$ 98 per one night

View hotel
Refurinn Reykjavik Guesthouse
Refurinn Reykjavik Guesthouse

Hostel

400 m to the city centre
26 Aegisgata, Reykjavik, Iceland

Excellent

(1117 reviews)

8.6

Inviting guests to enjoy a luggage room, Refurinn Reykjavik hostel is located a mere 11 minutes' walk from Bonus supermarket.

starts from

US$ 131 per one night

View hotel
Heart House Guesthouse
Heart House Guesthouse

Guest house

100 m to the city centre
Veltusund, Reykjavik, Iceland

Excellent

(382 reviews)

8.2

Heart House Guesthouse Reykjavik lies in the Reykjavik 101 district, within reach of entertainment venues like Harpa Concert Hall and Conference Centre, 650 metres away.

starts from

US$ 154 per one night

View hotel
B14 Hostel
B14 Hostel

Hostel

1.7 km to the city centre
Reykjavík East

Excellent

(557 reviews)

8.4

Located merely a 5-minute walk from the Reebok CrossFit Reykjavik, the budget B14 Hostel Reykjavik offers a shared lounge and various recreational opportunities for added enjoyment. Featuring Wi-Fi…

starts from

US$ 65 per one night

View hotel
Ubak Guesthouse
Ubak Guesthouse

Guest house

4.1 km to the city centre
Urtharbakki 30, 109 Reykjavik, Iceland, Reykjavik, Iceland

Excellent

(337 reviews)

8.4

Guests of Ubak Guesthouse Reykjavik can enjoy easy access to the Mjódd Shopping Centre, which is situated only 5 minutes' walk away.

starts from

US$ 75 per one night

View hotel
Sm Hostel
Sm Hostel

Hostel

1.1 km to the city centre
Reykjavík East

Good

(405 reviews)

8

Guests of Sm Hostel Reykjavik may benefit from a storage for belongings. Located around 5 minutes on foot from the Mosque of Reykjavík, the Reykjavik hostel is 2.3 km from shopping venues such as the…

starts from

US$ 50 per one night

View hotel

Popular attractions

Reykjavik Old Harbour

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Hotels in Reykjavik

Reykjavik offers a variety of 718 hotels ranging from cozy guesthouses to luxurious 5-star retreats. The majority of accommodations are concentrated in the downtown area and Laugavegur district. For travelers seeking budget-friendly options, the average price for a 3-star hotel is around $150 per night, while upscale 5-star hotels average $450. Recently, several eco-friendly hotels have opened, showcasing unique architecture and sustainable practices. Discover and book your ideal stay through our platform for a seamless experience.

Where to stay in Reykjavik - a guide to the best areas and neighbourhoods

Hotel Name

Description

Hotel Island - Spa & Wellness Hotel

* Laugardalur boasts family-friendly attractions like the Reykjavik Zoo and Family Park.

* Spacious parks and geothermal pools offer excellent outdoor activities for kids.

* Easy access to public transport makes it convenient to explore the city.

Families should consider staying in the Laugardalur district.

Center Hotels Plaza

201 Hotel

* The Downtown district is close to major business venues and conference centers.

* Many hotels offer business facilities like meeting rooms and high-speed internet.

* A vibrant dining scene provides perfect spots for networking and business lunches.

Business travelers may find the Downtown area most convenient.

Kex Hostel

Hostel B47

Hlemmur Square

* Downtown is bustling with cafes, museums, and nightlife perfect for solo exploration.

* It's a safe district with many hostels and budget-friendly accommodations.

* Opportunities to join group tours and meet fellow travelers are abundant.

Solo travelers can enjoy the vibrant vibes of the Downtown area.

Exeter Hotel

* Vesturbær offers quiet, charming streets ideal for romantic walks.

* The Old Harbor area provides stunning ocean views and cozy restaurants.

* Nearby spas and geothermal pools create the perfect relaxing escape.

Couples on a romantic getaway should explore the Vesturbær district.

Hostel B47

* Hlíðar is known for its variety of affordable hostels and guesthouses.

* It's close to central Reykjavik, offering easy access to attractions without the high costs.

* The district has local eateries and shops with great bargains.

Budget travelers will appreciate the affordability of the Hlíðar district.

Reykjavik Tips You Must Know

* Book hotels during the shoulder months (April to May, September to October) to find better deals and avoid peak summer prices.

* Be aware that June through August are peak tourist seasons with high hotel rates due to events like the Reykjavik Fringe Festival.

* Fly into Keflavik International Airport and use the Flybus or Airport Express to reach Reykjavik; local bus rides typically cost about $4 USD.

* Save money by purchasing a Reykjavik City Card, which offers discounts on museums, pools, and public transport.

* While Reykjavik is generally safe, avoid poorly lit areas at night and stay alert, especially in the city center.

Frequently asked question

Which hotels offer the best views of the Northern Lights?

Hotels like Hotel Island - Spa & Wellness Hotel often provide great rooftop access for Northern Lights viewing.

Can you recommend hotels within walking distance of Reykjavik's main attractions?

Grandi By Center Hotels and Exeter Hotel are just a short walk from the Old Harbor and Harpa Concert Hall.

Are there hotels near beaches for summer stays?

Reykjavik Natura - Berjaya Iceland Hotels is close to the Nauthólsvík Geothermal Beach.

Which hotels offer adventure activities like whale watching tours?

Staying at hotels such as Reykjavik Residence Apartment Hotel provides easy access to the Old Harbor for whale watching tours.

What time of year is best for finding hotel discounts?

Look for deals at hotels like Center Hotels Plaza during the winter off-peak months between November and March.

Cheap and budget hotels in Reykjavik

Price in US$:

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Hotels in Reykjavik

Where to stay in Reykjavik - a guide to the best areas and neighbourhoods

Reykjavik Tips You Must Know

Frequently asked question

Which hotels offer the best views of the Northern Lights?

Can you recommend hotels within walking distance of Reykjavik's main attractions?

Are there hotels near beaches for summer stays?

Which hotels offer adventure activities like whale watching tours?

What time of year is best for finding hotel discounts?