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.

255 cheap hotels in Reykjavik found

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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
    (2026 reviews)
    Offering luggage storage and a lobby area, the 3-star family-friendly Hotel Fron Reykjavik lies in the Reykjavik 101 district of Reykjavik, only 600 m from the Icelandic Street…
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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
    (4112 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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  • Reykjavik Lights Hotel By Keahotels

    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!
    8.6
    Excellent
    (1094 reviews)
    Offering a vending machine and a lift, the smoke-free Reykjavik Lights Hotel By Keahotels is nestled merely 5 minutes' walk from Asmundur Sveinsson Sculpture Museum and 2.5 km from…
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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
    (3494 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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  • 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
    (1444 reviews)
    The modern Center Hotels Klopp Reykjavik enjoys a central location around a 5-minute walk from the Laugavegur and offers a private art gallery. A coffee bar as well as…
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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
    (891 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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  • 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!
    7.8
    Good
    (3869 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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  • 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
    (1200 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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  • 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
    (1004 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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  • 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
    (3758 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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  • 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
    (1108 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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  • 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!
    8.6
    Excellent
    (1989 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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  • 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
    (1599 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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  • 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
    (1108 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 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
    (2043 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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  • 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
    (2047 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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  • 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!
    8.2
    Excellent
    (1237 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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  • 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
    (1715 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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  • 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 7.3 out of 10 for location according to the visitors’ reviews. It must be a convenient place to stay!
    7.2
    Good
    (239 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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  • 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
    (3044 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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  • 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
    (1158 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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  • 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
    (1360 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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  • 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 8.1 out of 10 for location according to the visitors’ reviews. It must be a convenient place to stay!
    8
    Good
    (1317 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!
    7.2
    Good
    (355 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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  • 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!
    7.8
    Good
    (2680 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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  • 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 8.8 out of 10 for location according to the visitors’ reviews. It must be a convenient place to stay!
    7.2
    Good
    (2982 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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  • 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!
    8.2
    Excellent
    (2680 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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  • 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
    (1124 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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  • 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
    (529 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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  • 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!
    7.8
    Good
    (1469 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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  • Hotel Phoenix

    1.2 km to the city centre
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    Exceptional location
    This property boasts exceptional location. It has a score 9.6 out of 10 for location according to the visitors’ reviews. It must be a convenient place to stay!
    9.2
    Excellent
    (189 reviews)
    The 3-star Hotel Phoenix Reykjavik provides proximity to Aurora Reykjavik Northern Lights Center, which is located nearly a 25-minute walk away. Featuring 9 rooms with views of the…
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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!
    7.4
    Good
    (174 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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  • 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
    (3782 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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  • 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
    (3821 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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  • 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
    (2082 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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  • Hotel Lotus

    300 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!
    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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  • 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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  • 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 9.5 out of 10 for location according to the visitors’ reviews. It must be a convenient place to stay!
    8.4
    Excellent
    (3209 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
    (3256 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!
    8
    Good
    (2856 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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  • 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
    (2420 reviews)
    Travel Inn Reykjavik is a great place to stay in the Reykjavik 101 district, a 13-minute walk from the Tales from Iceland. 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
    (1397 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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  • 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
    (1070 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
    (865 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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  • 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
    (1168 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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  • Student Hotel & Hostel

    800 m 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!
    8.4
    Excellent
    (1281 reviews)
    Featuring a restaurant and a shopping area onsite, the 108-room Student Hotel & Hostel Reykjavik is situated in the Reykjavik 101 district, around a 15-minute walk from the Lutheran…
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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
    (744 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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  • Laekur Guesthouse

    1.6 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!
    7.6
    Good
    (139 reviews)
    Offering quiet views of the street, the comfortable Laekur Guesthouse Reykjavik is nestled in the Reykjavik East district of Reykjavik, nearly a 5-minute walk from the super-duper Laugar…
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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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