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.

216 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!
    8.2
    Excellent
    (620 reviews)
    The 3-star Hotel Cabin Reykjavik is a mere 650 metres from the Sólfar Sculpture and offers currency exchange and a lift. This Reykjavik hotel lies in the Reykjavik East…
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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
    (1214 reviews)
    Featuring a lift and a vending machine, Fosshotel Lind Reykjavik hotel sits about a 20-minute walk from the domed fine Perlan Dining Restaurant. Luggage storage are available for guests'…
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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
    (4009 reviews)
    Offering 176 rooms, Kex Reykjavik hostel boasts a location a 6-minute walk from the unique Icelandic Phallological Museum. Featuring Wi-Fi, this hostel is also not far from the…
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  • Storm Hotel By Keahotels

    1.3 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!
    8.6
    Excellent
    (823 reviews)
    Offering comfortable rooms and Wi-Fi in public areas, the 3-star Storm Hotel By Keahotels Reykjavik is 25 minutes' walk from the working Catholic church "Christ the King Cathedral"…
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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
    (1672 reviews)
    The comfortable Cityhub Reykjavik hotel, located merely 6 minutes' walk from Laekjartorg Public Square, features a lift and a vending machine. This 3-star smoke-free hotel is a good…
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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 9.2 out of 10 for location according to the visitors’ reviews. It must be a convenient place to stay!
    8.4
    Excellent
    (462 reviews)
    The comfortable 3-star Skuggi Hotel By Keahotels Reykjavik is situated only 1.7 km from the neo-gothic Christ the King Cathedral and features a shared lounge and various recreational…
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  • Hotel Klettur

    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!
    8.4
    Excellent
    (1158 reviews)
    Featuring currency exchange and a lift, the smoke-free Hotel Klettur Reykjavik is nestled in Reykjavik, about a 20-minute walk from Harpa Concert Hall and Conference Centre. Boasting a…
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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
    (1125 reviews)
    Nestled in the Reykjavik East district of Reykjavik, the smoke-free Fosshotel Rauthara Reykjavik hotel is around a 10-minute walk from the Statue of Leif Eiriksson. Featuring luggage storage…
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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 9.3 out of 10 for location according to the visitors’ reviews. It must be a convenient place to stay!
    8.2
    Excellent
    (871 reviews)
    Situated within walking distance of restaurants, a bar, and theatres, and 750 metres from the Reykjavik Museum of Photography, the 3-star traditional Center Hotels Skjaldbreid Reykjavik includes 33 rooms…
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  • City Center Hotel

    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!
    8.6
    Excellent
    (1120 reviews)
    The 3-star City Center Hotel Reykjavik is located 17 minutes' walk from the unique Icelandic Phallological Museum, in the centre of Reykjavik, and offers rooms with city views. This…
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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 8.1 out of 10 for location according to the visitors’ reviews. It must be a convenient place to stay!
    7.8
    Good
    (3746 reviews)
    Situated 0.6 km from Klambratun Park, the 105-room Bus Hostel Reykjavik offers a shared lounge, various recreational opportunities, and a library for added enjoyment. This hostel lies in the…
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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
    Good
    (1171 reviews)
    The smoke-free Alva Hotel Brautarholt Reykjavik is situated in a shopping area of Reykjavik, a mere 1.4 km from the Lutheran Hallgrimskirkja Parish Church and nearly a 20-minute…
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  • Hotel Muli

    700 m 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!
    8.6
    Excellent
    (3542 reviews)
    Situated merely 1.9 km from the Sundhöllin public baths, the 3-star modern Hotel Muli Reykjavik features Wi-Fi in public areas, and private parking on site. The hotel is…
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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
    (3606 reviews)
    Offering luggage storage, the smoke-free Oddsson Midtown Hotel Reykjavik lies in the Reykjavik East district of Reykjavik, merely 1.3 km from Laugardalsholl Stadium and about 10 minutes by car…
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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!
    7.4
    Good
    (1093 reviews)
    The comfortable Old Town Reykjavik Hotel offers quick access to the famous Volcano House, situated just a 5-minute walk away. Boasting a location a mere 400 metres from the…
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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 7.2 out of 10 for location according to the visitors’ reviews. It must be a convenient place to stay!
    7
    Good
    (278 reviews)
    Located around 20 minutes' walk from Reykjavik City Theatre, the comfortable Arctic Comfort Hotel Reykjavik offers comfortable rooms 2.3 km from the Sólfar Sculpture. Staying active is easy with a…
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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 9.6 out of 10 for location according to the visitors’ reviews. It must be a convenient place to stay!
    8.6
    Excellent
    (2026 reviews)
    Set amid lively bars and restaurants, within 20 minutes' walk of Klambratun Park, Loft - Hi Eco Hostel Reykjavik comprises 87 rooms. The hostel lies in the Reykjavik 101 district of…
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  • Hotel Leifur Eiriksson

    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!
    8.2
    Excellent
    (2038 reviews)
    The 3-star Hotel Leifur Eiriksson Reykjavik is situated in the centre of Reykjavik merely a 14-minute walk from the Miklatún park "Kjarvalsstathir Gallery". A lounge bar as well…
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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 9.7 out of 10 for location according to the visitors’ reviews. It must be a convenient place to stay!
    8.6
    Excellent
    (1032 reviews)
    Located merely a 5-minute stroll from the Lutheran Hallgrimskirkja Parish Church, the 3-star smoke-free Guesthouse Sunna Reykjavik offers tour/ticket assistance to ensure you have an unforgettable…
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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
    (1971 reviews)
    Situated just 6 minutes' walk from Gallery Maraþon, the charming Hotel Orkin Reykjavik offers a summer terrace, a library, and a play area. Staying at the 3-star family-friendly…
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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 9.2 out of 10 for location according to the visitors’ reviews. It must be a convenient place to stay!
    7.4
    Good
    (1344 reviews)
    Situated 850 m from Sculpture Garden and just 9 minutes' walk from the Lutheran Hallgrimskirkja Parish Church, the smoke-free 100 Iceland Hotel Reykjavik welcomes guests with a spa salon.
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  • Hlemmur Square

    1.3 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!
    8.6
    Excellent
    (182 reviews)
    Featuring a lobby area and a restaurant onsite, the 17-room Hlemmur Square Reykjavik hostel is situated in the Reykjavik 101 district of Reykjavik, approximately a 10-minute walk from…
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  • Igdlo Guesthouse

    1.4 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!
    8.2
    Excellent
    (1514 reviews)
    The 3-star smoke-free Igdlo Guesthouse Reykjavik, nestled near the beach district of Reykjavik, offers airy rooms with a television. Merely 6 minutes' stroll from the Statue of Leif…
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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 8.7 out of 10 for location according to the visitors’ reviews. It must be a convenient place to stay!
    7.4
    Good
    (175 reviews)
    Located about a 25-minute stroll from the Sólfar Sculpture, the comfortable 3-star Nordurey Guesthouse Reykjavik offers Wi-Fi in public areas and a car park. The smoke-free…
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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
    (1096 reviews)
    Featuring Wi-Fi in public areas, the smoke-free Hotel Vera Reykjavik sits around a 20-minute walk from the Nordic House. This comfortable hotel also includes parking.
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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
    (1234 reviews)
    Featuring a sun terrace and a picnic area, the comfortable Snorri'S Guesthouse Reykjavik enjoys a prime location, a mere 12 minutes' walk from the Laugavegur. Luggage storage are available for…
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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!
    8.2
    Excellent
    (1347 reviews)
    Located about 25 minutes' walk from The Culture House National Museum, the smoke-free Nordurey Hotel City Garden Reykjavik is 450 m from the Laugardalur Botanical Garden. Boasting a location…
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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!
    8.2
    Excellent
    (213 reviews)
    Offering a luggage room and a gift shop, the comfortable Rek Inn Reykjavik lies in the Reykjavik East district of Reykjavik, about 2 km from the tranquil Tjornin Lake and…
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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!
    9
    Excellent
    (3023 reviews)
    Offering a storage for belongings and a restaurant, the 3-star Eric The Red Guesthouse Reykjavik lies in the Reykjavik 101 district of Reykjavik, a mere 1.4 km from Harpa…
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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)
    Featuring Wi-Fi in public areas, the comfortable Baron'S Hostel Reykjavik is situated just 1.6 km from the Nordic House. This Reykjavik hostel lies in the Reykjavik 101 district, and…
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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 8.9 out of 10 for location according to the visitors’ reviews. It must be a convenient place to stay!
    7.2
    Good
    (2938 reviews)
    The smoke-free 101 Guesthouse Hotel Reykjavik is situated in the shopping district of Reykjavik, 300 m from the Hlemmur Food Hall and features 35 rooms with views of the…
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  • Guesthouse Galtafell

    800 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!
    8.6
    Excellent
    (1325 reviews)
    Located merely 1 km from the Large Kolaportith Indoor Market, the 4-star Guesthouse Galtafell Reykjavik offers spacious rooms nearly a 20-minute walk from Aurora Reykjavik Northern Lights Center.
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  • Hotel Lotus

    300 m 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!
    9
    Excellent
    (1321 reviews)
    Located only 400 metres from the leading Asmundarsafn Art Museum, the 3-star smoke-free Hotel Lotus Reykjavik offers tour/ticket assistance to ensure you have an unforgettable travel experience.
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  • Saga Studios By Heimaleiga

    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!
    8.4
    Excellent
    (520 reviews)
    Saga Studios By Heimaleiga Reykjavik hotel, located a 20-minute walk from the neo-gothic Christ the King Cathedral, features Wi-Fi in the rooms. Offering whale watching, this aparthotel…
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  • Aska Holt

    700 m 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!
    7.6
    Good
    (17 reviews)
    The 3-star Aska Holt Hotel Reykjavik enjoys a convenient location and provides easy access to University of Iceland 25 minutes' walk away. The hotel also offers Wi-Fi in…
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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 8.8 out of 10 for location according to the visitors’ reviews. It must be a convenient place to stay!
    8
    Good
    (3880 reviews)
    Offering basic rooms and Wi-Fi in public areas, Guesthouse Pavi Reykjavik is a mere 1.1 km from the huge 1990 stainless-steel Sun Voyager Sculpture and nearly a 25…
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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!
    7.8
    Good
    (2038 reviews)
    Located about 15 minutes on foot from The Settlement Exhibition Remnants, the charming 2-star Guesthouse Aurora Reykjavik offers Wi-Fi in public areas and street parking. The smoke-free…
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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
    (1509 reviews)
    The comfortable Nordic Hostel Reykjavik, located only 1.3 km from the independent Frikirkjan i Reykjavik Lutheran Church, features Wi-Fi in the rooms. This Reykjavik hostel lies in the Reykjavik…
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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 8.3 out of 10 for location according to the visitors’ reviews. It must be a convenient place to stay!
    8.4
    Excellent
    (2624 reviews)
    Featuring a picnic area and barbecue grills for a restful stay, the 128-room Dalur - Hi Eco Hostel Reykjavik is located in the Reykjavik East district, a mere 5 minutes'…
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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!
    6.8
    Good
    (2125 reviews)
    Providing 29 rooms, the comfortable Brim Hotel Reykjavik is approximately a 20-minute walk from Kringlan Mall. Featuring a luggage room, this 3-star hotel is located within a few…
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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 8.5 out of 10 for location according to the visitors’ reviews. It must be a convenient place to stay!
    7.8
    Good
    (1498 reviews)
    Offering a picnic area and a golf course, the smoke-free Alba Guesthouse Reykjavik is nestled in the Reykjavik East district of Reykjavik, around 25 minutes' walk from the lifelike…
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  • The Swan House By Heimaleiga

    800 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
    (3139 reviews)
    Situated only 10 minutes' walk from the Sundhöllin public baths, the 3-star The Swan House By Heimaleiga Aparthotel Reykjavik features Wi-Fi in the rooms and public parking nearby.
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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
    (3194 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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  • Urban Reykjavik Studios By Heimaleiga

    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!
    7.8
    Good
    (2803 reviews)
    The 2-star Urban Reykjavik Studios By Heimaleiga hotel is situated in the Reykjavik East district of Reykjavik, nearly a 25-minute walk from the huge 1990 stainless-steel Sun…
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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!
    7.8
    Good
    (3469 reviews)
    Offering 102 rooms, the comfortable Hostel B47 Reykjavik boasts a location just 6 minutes' walk from the Tales from Iceland. Featuring a private parking lot, the hostel is located a…
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  • Day Dream Vesturgata 17 Reykjavik

    300 m 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!
    7.6
    Good
    (1050 reviews)
    Featuring views of the mountain, the smoke-free Day Dream Vesturgata 17 Reykjavik Aparthotel is located 19 minutes' walk from Skolavorthustigur. Wi-Fi is provided in public areas.
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  • Reykjavik Treasure B&B

    200 m to the city centre
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    Exceptional location
    This property boasts exceptional location. It has a score 9.9 out of 10 for location according to the visitors’ reviews. It must be a convenient place to stay!
    9.4
    Excellent
    (848 reviews)
    Located around a 5-minute walk from the Large Kolaportith Indoor Market, the 3-star Reykjavik Treasure B&B gives quick access to various city sites. Boasting a location steps…
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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 9.5 out of 10 for location according to the visitors’ reviews. It must be a convenient place to stay!
    8.4
    Excellent
    (832 reviews)
    Rey Apartments Reykjavik hotel offers spacious rooms in the Reykjavik 101 district, 11 minutes' walk from the Icelandic Fish and Chips restaurant. At this comfortable aparthotel, guests can find a…
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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!
    7.6
    Good
    (1158 reviews)
    Featuring a storage for belongings, the smoke-free Guesthouse Andrea Reykjavik is located about 5 minutes' walk from the Statue of Leif Eiriksson. The 2-star hotel lies in the…
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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 8.6 out of 10 for location according to the visitors’ reviews. It must be a convenient place to stay!
    7.4
    Good
    (28 reviews)
    Guests of the comfortable 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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