Book cheap hotels in Iceland, Reykjavik

Iceland is, first of all, the destination for nature lovers, as numerous mountains, waterfalls, volcanic beaches, and Northern lights can all be found in one country. However, you should be prepared to spend a good amount on the trip to the Golden Circle or the Blue Lagoon. Iceland, in general, has the reputation of being the most expensive in Northern Europe, but you can save some costs by choosing cheap hotels in Iceland, Reykjavik. Lower prices don’t mean that the quality of your accommodation will be compromised. You’ll find many modern and clean hostels, with shared or private bathrooms, near the centre or near the harbor, with panoramic views in the background.

240 cheap hotels in Reykjavik found

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  • Hotel Cabin

    1.3 km to the city centre
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    Superb location
    This property boasts superb location. It has a score 8 out of 10 for location according to the visitors’ reviews. It must be a convenient place to stay!
    7
    Good
    (3213 reviews)
    Located within 25 minutes' walk of the 12 Tónar record store, the 3-star Hotel Cabin Reykjavik offers general facilities such as currency exchange and a lift. This Reykjavik hotel…
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  • Hotel Fron

    700 m to the city centre
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    Exceptional location
    This property boasts exceptional location. It has a score 9.6 out of 10 for location according to the visitors’ reviews. It must be a convenient place to stay!
    8.4
    Excellent
    (2235 reviews)
    Offering a shopping area and a storage for belongings, the 3-star family-friendly Hotel Fron Reykjavik lies in the Reykjavik 101 district of Reykjavik, only a 6-minute walk…
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  • Fosshotel Rauthara

    1.2 km to the city centre
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    Superb location
    This property boasts superb location. It has a score 8.8 out of 10 for location according to the visitors’ reviews. It must be a convenient place to stay!
    8
    Good
    (933 reviews)
    Located 850 metres from the Statue of Leif Eiriksson, the smoke-free Fosshotel Rauthara Reykjavik hotel is around a 5-minute walk from the Tales from Iceland. Boasting a location…
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  • Fosshotel Baron

    1.2 km to the city centre
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    Excellent location
    This property boasts excellent location. It has a score 9.1 out of 10 for location according to the visitors’ reviews. It must be a convenient place to stay!
    7.8
    Good
    (972 reviews)
    Featuring Wi-Fi throughout the property, Fosshotel Baron Reykjavik hotel sits 20 minutes' walk from the Sólfar Sculpture. Baggage storage are available for guests' convenience at this hotel, which sits…
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  • Fosshotel Lind

    1.2 km to the city centre
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    Excellent location
    This property boasts excellent location. It has a score 9 out of 10 for location according to the visitors’ reviews. It must be a convenient place to stay!
    8
    Good
    (1243 reviews)
    Featuring a lift and a vending machine, Fosshotel Lind Reykjavik hotel is merely a 6-minute walk from Arctic Photo Gallery. A luggage room are available for guests' convenience at…
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  • Kex Reykjavik

    1.2 km to the city centre
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    Excellent location
    This property boasts excellent location. It has a score 9.2 out of 10 for location according to the visitors’ reviews. It must be a convenient place to stay!
    8
    Good
    (4166 reviews)
    Kex Reykjavik Hostel hotel is centrally located 9 minutes' walk from the Lutheran Hallgrimskirkja Parish Church and offers views of the ocean. This hostel features Wi-Fi in public areas…
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  • Skuggi Hotel By Keahotels

    1.3 km to the city centre
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    Excellent location
    This property boasts excellent location. It has a score 9.3 out of 10 for location according to the visitors’ reviews. It must be a convenient place to stay!
    8.4
    Excellent
    (1553 reviews)
    Offering access to the Icelandic Street Food, which is only 1.1 km away, the comfortable 3-star Skuggi Hotel By Keahotels Reykjavik features a shared lounge and various recreational opportunities.
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  • Center Hotels Klopp

    700 m to the city centre
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    Excellent location
    This property boasts excellent location. It has a score 9.4 out of 10 for location according to the visitors’ reviews. It must be a convenient place to stay!
    8.2
    Excellent
    (1571 reviews)
    Offering guests a private art gallery, the modern Center Hotels Klopp Reykjavik ideally sits a mere 13 minutes' walk from the filled park "Parc Hljomskalagardur". Featuring a lobby area and…
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  • Center Hotels Skjaldbreid

    600 m to the city centre
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    Excellent location
    This property boasts excellent location. It has a score 9.4 out of 10 for location according to the visitors’ reviews. It must be a convenient place to stay!
    8.2
    Excellent
    (969 reviews)
    Featuring a prime location in the centre of the city, the 3-star traditional Center Hotels Skjaldbreid Reykjavik is around a 5-minute walk from the Pint-sized Icelandic Punk…
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  • Loft - Hi Eco Hostel

    400 m to the city centre
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    Exceptional location
    This property boasts exceptional location. It has a score 9.7 out of 10 for location according to the visitors’ reviews. It must be a convenient place to stay!
    8.4
    Excellent
    (1832 reviews)
    Offering 87 rooms, Loft - Hi Eco Hostel Reykjavik boasts a location just a 6-minute walk from the Large Kolaportith Indoor Market. Featuring Wi-Fi, the hostel is also within…
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  • Bus Hostel Reykjavik

    1.3 km to the city centre
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    Superb location
    This property boasts superb location. It has a score 8.2 out of 10 for location according to the visitors’ reviews. It must be a convenient place to stay!
    8
    Good
    (4165 reviews)
    Featuring a library onsite, the modern Bus Hostel Reykjavik is situated in the Reykjavik 101 district, a 16-minute walk from the Lutheran Hallgrimskirkja Parish Church. Guests can benefit from…
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  • Alva Hotel Brautarholt

    800 m to the city centre
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    Superb location
    This property boasts superb location. It has a score 8.1 out of 10 for location according to the visitors’ reviews. It must be a convenient place to stay!
    8.2
    Excellent
    (809 reviews)
    Offering a restaurant and luggage storage, the smoke-free Alva Hotel Brautarholt Reykjavik lies in the Reykjavik East district of Reykjavik, only 600 m from Saltfiskstoflun and just 1.4 km…
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  • Ok Hotel

    1.1 km to the city centre
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    Exceptional location
    This property boasts exceptional location. It has a score 9.5 out of 10 for location according to the visitors’ reviews. It must be a convenient place to stay!
    8.4
    Excellent
    (411 reviews)
    Offering a restaurant, the smoke-free Ok Hotel Reykjavik lies in the Reykjavik 101 district of Reykjavik, 2.1 km from Laugardalsholl Stadium and about 10 minutes' walk from such cultural…
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  • Oddsson Midtown Hotel

    1.1 km to the city centre
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    Superb location
    This property boasts superb location. It has a score 8 out of 10 for location according to the visitors’ reviews. It must be a convenient place to stay!
    8.4
    Excellent
    (3974 reviews)
    Located approximately 15 minutes' walk from Kringlan Mall and merely 1.3 km from Laugardalsholl Stadium, the smoke-free Oddsson Midtown Hotel Reykjavik offers a banquet hall suited for a range…
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  • City Center Hotel

    100 m to the city centre
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    Exceptional location
    This property boasts exceptional location. It has a score 9.5 out of 10 for location according to the visitors’ reviews. It must be a convenient place to stay!
    8.6
    Excellent
    (1356 reviews)
    Conveniently located merely a 13-minute walk from the Lutheran Hallgrimskirkja Parish Church, the 3-star City Center Hotel Reykjavik features rooms with views of the garden. Boasting a fitness…
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  • Guesthouse Sunna

    900 m to the city centre
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    Exceptional location
    This property boasts exceptional location. It has a score 9.6 out of 10 for location according to the visitors’ reviews. It must be a convenient place to stay!
    8.6
    Excellent
    (1324 reviews)
    Situated only 1.3 km from the working Catholic church "Christ the King Cathedral", the 3-star smoke-free Guesthouse Sunna Reykjavik offers proximity to various city highlights. Boasting a location…
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  • Old Town Reykjavik

    100 m to the city centre
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    Excellent location
    This property boasts excellent location. It has a score 9.4 out of 10 for location according to the visitors’ reviews. It must be a convenient place to stay!
    7.6
    Good
    (682 reviews)
    Offering a storage for belongings, Old Town Reykjavik Hotel lies in the Reykjavik 101 district, just 1.1 km from the Lutheran Hallgrimskirkja Parish Church and merely 500 metres from such…
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  • Rek Inn

    900 m to the city centre
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    Superb location
    This property boasts superb location. It has a score 8.6 out of 10 for location according to the visitors’ reviews. It must be a convenient place to stay!
    7.2
    Good
    (394 reviews)
    Featuring luggage storage and a gift shop, the 2-star Rek Inn Reykjavik lies about a 5-minute walk from Klambratun Park. Boasting whale watching, the inn is located 2.1…
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  • Cityhub Reykjavik

    800 m to the city centre
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    Exceptional location
    This property boasts exceptional location. It has a score 9.7 out of 10 for location according to the visitors’ reviews. It must be a convenient place to stay!
    9
    Excellent
    (1353 reviews)
    The comfortable Cityhub Reykjavik hotel is nestled just 14 minutes' walk from the Lutheran Hallgrimskirkja Parish Church, offering 93 rooms and featuring a hot tub and a game area. This…
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  • Oddsson Downtown Hotel

    1.1 km to the city centre
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    Excellent location
    This property boasts excellent location. It has a score 9 out of 10 for location according to the visitors’ reviews. It must be a convenient place to stay!
    8.8
    Excellent
    (906 reviews)
    Offering a shopping area and a storage for belongings, the smoke-free Oddsson Downtown Hotel Reykjavik lies in the business Reykjavik East district, 2.2 km from the Reykjavik Maritime Museum…
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  • Hotel Orkin

    700 m to the city centre
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    Superb location
    This property boasts superb location. It has a score 8.4 out of 10 for location according to the visitors’ reviews. It must be a convenient place to stay!
    8
    Good
    (2244 reviews)
    The charming Hotel Orkin Reykjavik provides a banquet hall and event rooms for meetings and events, located nearly 20 minutes' walk from the Cafe Loki. Boasting a location within a…
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  • Alba Guesthouse

    1.2 km to the city centre
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    Superb location
    This property boasts superb location. It has a score 8.6 out of 10 for location according to the visitors’ reviews. It must be a convenient place to stay!
    8
    Good
    (1456 reviews)
    Located just 14 minutes' walk from Klambratun Park and merely 1.9 km from the Laugavegur, the smoke-free Alba Guesthouse Reykjavik offers a ballroom suited for a range of needs.
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  • Eric The Red Guesthouse

    1.1 km to the city centre
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    Exceptional location
    This property boasts exceptional location. It has a score 9.7 out of 10 for location according to the visitors’ reviews. It must be a convenient place to stay!
    8.8
    Excellent
    (3064 reviews)
    The 3-star Eric The Red Guesthouse Reykjavik is situated in a quiet area of Reykjavik, 800 m from the unique Icelandic Phallological Museum and a mere 13 minutes' walk…
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  • 101 Guesthouse Hotel

    1.4 km to the city centre
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    Superb location
    This property boasts superb location. It has a score 8.8 out of 10 for location according to the visitors’ reviews. It must be a convenient place to stay!
    7
    Good
    (3038 reviews)
    Featuring currency exchange and a lift, the smoke-free 101 Guesthouse Hotel Reykjavik is situated in the shopping district of Reykjavik, a mere 10 minutes' walk from the Lutheran Hallgrimskirkja…
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  • Igdlo Guesthouse

    1.4 km to the city centre
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    Superb location
    This property boasts superb location. It has a score 8.8 out of 10 for location according to the visitors’ reviews. It must be a convenient place to stay!
    8
    Good
    (2106 reviews)
    The 3-star smoke-free Igdlo Guesthouse Reykjavik is located approximately a 10-minute stroll from Frakkland, offering 24 rooms, Wi-Fi, and public parking. This Reykjavik guest house is…
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  • Nordurey Guesthouse

    1.4 km to the city centre
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    Superb location
    This property boasts superb location. It has a score 8.8 out of 10 for location according to the visitors’ reviews. It must be a convenient place to stay!
    7.2
    Good
    (202 reviews)
    Located nearly 20 minutes on foot from the Nordic House, the 3-star smoke-free Nordurey Guesthouse Reykjavik features Wi-Fi in public areas and a car park nearby. This…
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  • Guesthouse Aurora

    900 m to the city centre
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    Exceptional location
    This property boasts exceptional location. It has a score 9.5 out of 10 for location according to the visitors’ reviews. It must be a convenient place to stay!
    8
    Good
    (2126 reviews)
    Located only 1.5 km from the endearingly bloodthirsty Saga Museum, the charming 2-star Guesthouse Aurora Reykjavik features Wi-Fi in public areas and street parking nearby. The smoke-free…
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  • Dalur - Hi Eco Hostel

    1.6 km to the city centre
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    Superb location
    This property boasts superb location. It has a score 8.2 out of 10 for location according to the visitors’ reviews. It must be a convenient place to stay!
    8.2
    Excellent
    (2621 reviews)
    Featuring a picnic area and barbecue grills for a restful stay, Dalur - Hi Eco Hostel Reykjavik is located in the Reykjavik East district, 6 minutes' walk from the Laugardalur Botanical…
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  • 100 Iceland Hotel

    1.4 km to the city centre
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    Excellent location
    This property boasts excellent location. It has a score 9.1 out of 10 for location according to the visitors’ reviews. It must be a convenient place to stay!
    7.4
    Good
    (1446 reviews)
    Situated a mere 1.6 km from the bird-filled park "Parc Hljomskalagardur", the smoke-free 100 Iceland Hotel Reykjavik features Wi-Fi in the rooms, and public parking nearby. Centrally…
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  • Nordurey Hotel City Garden

    1.3 km to the city centre
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    Superb location
    This property boasts superb location. It has a score 8.2 out of 10 for location according to the visitors’ reviews. It must be a convenient place to stay!
    8
    Good
    (1367 reviews)
    Located around 25 minutes' walk from the Miklatún park "Kjarvalsstathir Gallery", the smoke-free Nordurey Hotel City Garden Reykjavik is 450 m from the Laugardalur Botanical Garden. Boasting a location…
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  • Guesthouse Pavi

    1.1 km to the city centre
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    Superb location
    This property boasts superb location. It has a score 8.9 out of 10 for location according to the visitors’ reviews. It must be a convenient place to stay!
    8
    Good
    (3702 reviews)
    Featuring 40 rooms with a minimalist interior, Guesthouse Pavi Reykjavik is around a 5-minute walk from the Hlemmur Food Hall. Wi-Fi in public areas is available.
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  • Baron'S Hostel

    1.2 km to the city centre
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    Excellent location
    This property boasts excellent location. It has a score 9.4 out of 10 for location according to the visitors’ reviews. It must be a convenient place to stay!
    8.4
    Excellent
    (3712 reviews)
    Located approximately 20 minutes' walk from University of Iceland, Baron'S Hostel Reykjavik offers Wi-Fi in public areas and a car park. This Reykjavik hostel lies in the Reykjavik 101…
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  • Hotel Vera

    1.2 km to the city centre
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    Exceptional location
    This property boasts exceptional location. It has a score 9.6 out of 10 for location according to the visitors’ reviews. It must be a convenient place to stay!
    8.4
    Excellent
    (1318 reviews)
    Featuring Wi-Fi in public areas, Hotel Vera Reykjavik is just 10 minutes' walk from the Cafe Loki. This Reykjavik hotel is ideally nestled in the shopping district of Reykjavik…
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  • Snorri'S Guesthouse

    1.3 km to the city centre
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    Excellent location
    This property boasts excellent location. It has a score 9 out of 10 for location according to the visitors’ reviews. It must be a convenient place to stay!
    8
    Good
    (1230 reviews)
    The 3-star Snorri'S Guesthouse Reykjavik is situated in the Reykjavik 101 district of Reykjavik, just 1.4 km from the domed fine Perlan Dining Restaurant and features 13 rooms with…
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  • Brim Hotel

    800 m to the city centre
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    Superb location
    This property boasts superb location. It has a score 8 out of 10 for location according to the visitors’ reviews. It must be a convenient place to stay!
    8.4
    Excellent
    (334 reviews)
    Offering a restaurant and a storage for belongings, the 3-star Brim Hotel Reykjavik lies in the Reykjavik East district, 1.6 km from Reykjavik City Theatre and approximately a 25…
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  • Grettir Guesthouse Downtown Charm

    800 m to the city centre
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    Exceptional location
    This property boasts exceptional location. It has a score 9.5 out of 10 for location according to the visitors’ reviews. It must be a convenient place to stay!
    8
    Good
    (1179 reviews)
    Situated approximately 5 minutes' walk from Frakkland and only 0.6 km from the huge 1990 stainless-steel Sun Voyager Sculpture, the 2-star smoke-free Grettir Guesthouse Downtown Charm Reykjavik…
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  • Downtown Reykjavik Baldursbra Guesthouse

    800 m to the city centre
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    Excellent location
    This property boasts excellent location. It has a score 9.2 out of 10 for location according to the visitors’ reviews. It must be a convenient place to stay!
    7.4
    Good
    (1319 reviews)
    Featuring Wi-Fi throughout the property, Downtown Reykjavik Baldursbra Guesthouse is 14 minutes' walk from the Hverfisgata street. Offering whale watching, the guest house is just moments from the Lake…
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  • Hotel Phoenix

    1.2 km to the city centre
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    Exceptional location
    This property boasts exceptional location. It has a score 9.5 out of 10 for location according to the visitors’ reviews. It must be a convenient place to stay!
    9.2
    Excellent
    (184 reviews)
    The 3-star Hotel Phoenix Reykjavik offers proximity to Aurora Reykjavik Northern Lights Center, situated nearly a 25-minute walk away. Located within a 2-km distance of Reykjavik Family…
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  • B14 Hostel

    1.7 km to the city centre
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    Superb location
    This property boasts superb location. It has a score 8.1 out of 10 for location according to the visitors’ reviews. It must be a convenient place to stay!
    8.4
    Excellent
    (557 reviews)
    Featuring a shared lounge and various recreational opportunities for a restful stay, the budget B14 Hostel Reykjavik is located in a shopping district, 5 minutes on foot from the Hagkaup…
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  • Laekur Hostel

    1.6 km to the city centre
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    Superb location
    This property boasts superb location. It has a score 8 out of 10 for location according to the visitors’ reviews. It must be a convenient place to stay!
    8.2
    Excellent
    (325 reviews)
    Situated approximately 5 minutes on foot from the Sólfar Sculpture, Laekur Hostel Reykjavik offers guests to relax on a terrace. The Reykjavik hostel lies in the Reykjavik East district, and…
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  • Arctic Comfort Hotel

    900 m to the city centre
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    Very good location
    This property boasts very good location. It has a score 7.4 out of 10 for location according to the visitors’ reviews. It must be a convenient place to stay!
    7.2
    Good
    (145 reviews)
    The comfortable Arctic Comfort Hotel Reykjavik is situated in a quiet area of Reykjavik, 3.5 km from Arbaer Open Air Living Museum and only 12 minutes' walk from Laugardalur Park.
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  • Hostel B47

    1.3 km to the city centre
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    Excellent location
    This property boasts excellent location. It has a score 9.4 out of 10 for location according to the visitors’ reviews. It must be a convenient place to stay!
    8
    Good
    (4604 reviews)
    Offering 101 rooms, Hostel B47 Reykjavik boasts a location a mere 6 minutes' walk from the Tales from Iceland.
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  • Rey Apartments

    700 m to the city centre
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    Exceptional location
    This property boasts exceptional location. It has a score 9.6 out of 10 for location according to the visitors’ reviews. It must be a convenient place to stay!
    8.4
    Excellent
    (931 reviews)
    Rey Apartments Reykjavik hotel is a great place to stay in the Reykjavik 101 district, an 18-minute walk from the Miklatún park "Kjarvalsstathir Gallery". Located 2.2 km from the…
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  • Guesthouse Andrea

    900 m to the city centre
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    Excellent location
    This property boasts excellent location. It has a score 9.4 out of 10 for location according to the visitors’ reviews. It must be a convenient place to stay!
    7.8
    Good
    (1244 reviews)
    The smoke-free Guesthouse Andrea Reykjavik, located in the shopping Reykjavik 101 district, also stands around 25 minutes' walk from the sand Nautholsvik Geothermal Beach and provides tour/ticket assistance…
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  • Reykjavik Central Guesthouse

    1.4 km to the city centre
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    Superb location
    This property boasts superb location. It has a score 8.7 out of 10 for location according to the visitors’ reviews. It must be a convenient place to stay!
    7.6
    Good
    (741 reviews)
    Guests of Reykjavik Central Guesthouse can enjoy easy access to the Statue of Leif Eiriksson, which is situated nearly a 5-minute stroll away.
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  • Hotel Local 101

    300 m to the city centre
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    Exceptional location
    This property boasts exceptional location. It has a score 9.5 out of 10 for location according to the visitors’ reviews. It must be a convenient place to stay!
    9
    Excellent
    (3018 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…
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  • Hotel Aska

    700 m to the city centre
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    Superb location
    This property boasts superb location. It has a score 8.4 out of 10 for location according to the visitors’ reviews. It must be a convenient place to stay!
    8
    Good
    (2246 reviews)
    Hotel Aska Reykjavik, located 2.5 km from the sand Nautholsvik Geothermal Beach, features Wi-Fi in public areas. This 3-star hotel also includes street parking.
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  • Urban Rvk Studios By Heimaleiga

    800 m to the city centre
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    Very good location
    This property boasts very good location. It has a score 7.9 out of 10 for location according to the visitors’ reviews. It must be a convenient place to stay!
    7.8
    Good
    (3097 reviews)
    Featuring baggage storage, the 2-star Urban Rvk Studios By Heimaleiga Reykjavik hotel lies a mere 9 minutes' walk from Laugardalur Park. The hotel offers 50 rooms with views of…
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  • Travel Inn

    1 km to the city centre
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    Excellent location
    This property boasts excellent location. It has a score 9 out of 10 for location according to the visitors’ reviews. It must be a convenient place to stay!
    7.8
    Good
    (2382 reviews)
    Travel Inn Reykjavik is a great place to stay in the Reykjavik 101 district, a 17-minute walk from The Settlement Exhibition Remnants. This guest house also includes street parking.
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  • Nordic Hostel

    1.4 km to the city centre
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    Excellent location
    This property boasts excellent location. It has a score 9.4 out of 10 for location according to the visitors’ reviews. It must be a convenient place to stay!
    9.2
    Excellent
    (1167 reviews)
    Featuring a shared lounge and luggage storage onsite, Nordic Hostel Reykjavik is situated in the Reykjavik 101 district, nearly a 20-minute walk from the Reykjavik Museum of Photography. Presenting…
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