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.

462 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
    (2777 reviews)
    The 2-star Hotel Cabin lies in the Reykjavik East district of Reykjavik, within reach of entertainment venues like Harpa Concert Hall and Conference Centre, nearly 25 minutes' walk away.
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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 9.5 out of 10 for location according to the visitors’ reviews. It must be a convenient place to stay!
    8.2
    Excellent
    (2734 reviews)
    The enchanting Hotel Fron Reykjavik lies within 1 km of a natural paradise like the filled park "Parc Hljomskalagardur", and features a restaurant and a storage room. This Reykjavik hotel…
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  • Center Hotels Klopp

    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
    (344 reviews)
    Situated near a bar and restaurants, and 0.6 km from the huge 1990 stainless-steel Sun Voyager Sculpture, the 3-star Center Hotels Klopp Reykjavik includes 45 rooms 0.6 km…
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  • Kex Hostel

    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!
    8.6
    Excellent
    (2 reviews)
    Featuring a restaurant and a luggage room, the 2-star Kex Hostel is situated in the heart of Reykjavik, at a distance of 350 metres from the huge 1990 stainless…
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  • Hotel Viking

    100 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!
    7.8
    Good
    (2941 reviews)
    Offering a terrace and a golf course, the unique Hotel Viking Hafnarfjordur is nestled in a historic neighbourhood, within 7 km of Perlan. Situated in the very heart of Hafnarfjordur…
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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 8.7 out of 10 for location according to the visitors’ reviews. It must be a convenient place to stay!
    7.8
    Good
    (1005 reviews)
    Offering a restaurant and a storage for belongings, the 3-star Fosshotel Rauthara hotel lies in the Reykjavik 101 district, around 5 minutes' drive from Solfar Sculpture and only 12…
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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 8.5 out of 10 for location according to the visitors’ reviews. It must be a convenient place to stay!
    8
    Good
    (1120 reviews)
    Featuring car rentals, as well as Wi-Fi throughout the property, the 3-star Hotel Klettur Reykjavik is approximately 25 minutes' walk from Aurora Reykjavik Northern Lights Center Science Museum.
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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
    Good
    (1077 reviews)
    Nestled in a shopping neighbourhood, the impressive Center Hotels Skjaldbreid Reykjavik is only 500 metres from Þrir frakkar. This Reykjavik hotel offers Wi-Fi throughout the property, and a snack…
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  • Alva Hotel Brautarholt

    800 m to the city centre
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    Very good location
    This property boasts very good location. It has a score 7.8 out of 10 for location according to the visitors’ reviews. It must be a convenient place to stay!
    8.2
    Excellent
    (114 reviews)
    Offering a restaurant and storage for belongings, the 3-star 22 Hill Hotel lies in the Reykjavik East district, approximately 5 minutes' drive from Saltfiskstoflun and within 25 minutes' walk…
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  • Guesthouse Keflavik By Reykjavik Keflavik Airport

    600 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
    (13 reviews)
    The unpretentious 2-star Guesthouse Keflavik By Reykjavik Keflavik Airport is 2.9 km from Viking World and features a currency exchange and a cash machine onsite. Located just a minute's…
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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
    (1490 reviews)
    Featuring an excellent location, the 3-star City Center Hotel Reykjavik offers views of the garden, and is a 16-minute walk from Sundhollin Public Baths. This high-quality hotel…
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  • Bus Hostel Reykjavik - Reykjavik Terminal

    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
    (3064 reviews)
    The modern Bus Hostel Reykjavik - Reykjavik Terminal is 16 minutes on foot from Hallgrimskirkja and offers cars for rent. Featuring Wi-Fi throughout the property, this hostel also offers 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!
    8.4
    Excellent
    (1679 reviews)
    Featuring Wi-Fi throughout the property, the 2-star Loft - Hi Eco Hostel Reykjavik offers accommodation within 10 minutes' walk of Old Harbour.
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  • Galaxy Pod Hostel

    800 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!
    8.8
    Excellent
    (125 reviews)
    Located nearly a 25-minute walk from National Museum of Iceland, the cosy 2-star Galaxy Pod Hostel offers Wi-Fi throughout the property and parking. The hostel lies in…
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  • B47

    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!
    8.4
    Excellent
    (149 reviews)
    Offering various recreational opportunities and a garden for guests' enjoyment, the cosy 2-star B47 Hostel Reykjavik is located at a distance of 1.2 km from Grillmarkathurinn. Offering a car…
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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
    (2749 reviews)
    Featuring a restaurant and storage for belongings, the charming Hotel Orkin Reykjavik lies in the restaurant area full of shopping sites like Kolaportith about 25 minutes' walk away. The 3…
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  • Freyja Guesthouse & Suites

    1 km 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!
    8.4
    Excellent
    (143 reviews)
    Featuring a beautiful location in the very heart of the city, the 2-star Freyja Guesthouse & Suites Reykjavik is about a 5-minute ride from The Statue of Leif Eiriksson.
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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 8.1 out of 10 for location according to the visitors’ reviews. It must be a convenient place to stay!
    8
    Good
    (2706 reviews)
    Offering a summer terrace and a picnic area for guests' enjoyment, the 2-star Dalur - Hi Eco Hostel Reykjavik is located a 10-minute ride from Harpa Concert Hall and…
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  • Igdlo Guesthouse

    1.3 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!
    8.4
    Excellent
    (491 reviews)
    The 3-star Igdlo Guesthouse is near the beach district of Reykjavik and offers a picnic area and a garden. The family-owned guest house is in the Reykjavik 101…
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  • Baron'S Hostel

    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!
    8.6
    Excellent
    (3456 reviews)
    Situated at a 350-metre distance from Sundhollin Public Baths, Baron'S Hostel Reykjavik offers a shared lounge for guests to unwind. This Reykjavik hostel lies in the Reykjavik 101 district…
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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!
    8.4
    Excellent
    (1628 reviews)
    Situated in a shopping neighbourhood, the 3-star Guesthouse Galtafell offers quick access to Reykjavik airport within 5 minutes' drive. This Reykjavik guest house provides Wi-Fi throughout the property.
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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 9.6 out of 10 for location according to the visitors’ reviews. It must be a convenient place to stay!
    8.4
    Excellent
    (397 reviews)
    Offering shuttle service and cars for rent, the charming 2-star Guesthouse Aurora is situated 5 km from Reykjavik airport. This Reykjavik guest house is in the Reykjavik 101 district…
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  • Hotel Vellir

    1.8 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!
    8.4
    Excellent
    (1432 reviews)
    Situated a 25-minute stroll from The Viking Village, the 3-star Hotel Vellir Hafnarfjordur features Wi-Fi in the rooms, and complimentary private parking on site. Guests can enjoy…
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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!
    8.2
    Excellent
    (366 reviews)
    Located in the downtown area, the 3-star 100 Iceland Hotel Reykjavik grants access to cultural points of interest like the huge 1990 stainless-steel Sun Voyager Sculpture around 5…
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  • Hlid Fisherman'S Village

    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!
    8.8
    Excellent
    (1469 reviews)
    Located 15 minutes by car from Christ the King Cathedral, the 2-star Hlid Fisherman'S Village Alftanes hotel features Wi-Fi in the rooms and parking on site. The pet…
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  • Alva Hotel

    600 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
    (172 reviews)
    Alva Hotel is situated in the Reykjavik East district, merely 0.9 km from Grasagardur Botanical Garden and features 30 rooms with views of the city.
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  • 101 Guesthouse 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
    (2902 reviews)
    The 3-star 101 Guesthouse Hotel Reykjavik is situated in a shopping neighbourhood, a mere 1.5 km from Reykjavik Museum of Photography and features 39 rooms with views of the…
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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 8.4 out of 10 for location according to the visitors’ reviews. It must be a convenient place to stay!
    7.8
    Good
    (1516 reviews)
    The 2-star Alba Guesthouse Reykjavik is approximately 10 minutes' drive from Reykjavik Art Museum Hafnarhus and offers guided tour service, as well as cars for rent. Located within 25…
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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 8.7 out of 10 for location according to the visitors’ reviews. It must be a convenient place to stay!
    8.4
    Excellent
    (694 reviews)
    Located a mere 1.2 km from Hallgrimskirkja, Guesthouse Pavi Reykjavik is nearly 5 minutes' walk from Hlemmur. The guest house features Wi-Fi throughout the property.
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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 8.9 out of 10 for location according to the visitors’ reviews. It must be a convenient place to stay!
    8.2
    Excellent
    (104 reviews)
    Located 9 minutes on foot from Einar Jonsson Sculpture garden and museum, the 3-star Nordurey Guesthouse Reykjavik features Wi-Fi in public areas and a car park nearby. This…
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  • Midtown Hotel

    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!
    7.8
    Good
    (3178 reviews)
    Featuring a lift and a tour desk, the 3-star Room With A View Hotel Reykjavik stands approximately a 5-minute walk from Skolavorthustigur. This non-smoking hotel is ideally…
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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!
    8.6
    Excellent
    (1071 reviews)
    Rey Apartments Reykjavik hotel features 19 rooms and lies approximately 5 minutes' drive from The Sun Voyager. This aparthotel offers Wi-Fi throughout the property.
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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 9.8 out of 10 for location according to the visitors’ reviews. It must be a convenient place to stay!
    8.4
    Excellent
    (474 reviews)
    Nestled in the Reykjavik 101 district of Reykjavik, the 3-star Eric The Red Guesthouse is merely a 12-minute walk from culture-oriented attractions like The Sun Voyager. This…
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  • Blue Mountain Apartments By Heimaleiga

    6.2 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!
    8.8
    Excellent
    (1931 reviews)
    Offering fitness classes and a golf course, and views of the lake, Blue Mountain Apartments By Heimaleiga Reykjavik hotel is located around 10 minutes by car from Olgerthin Brewery. All…
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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 9.2 out of 10 for location according to the visitors’ reviews. It must be a convenient place to stay!
    8.4
    Excellent
    (1481 reviews)
    The 3-star Snorri'S Guesthouse, located in the Reykjavik 101 district, 18 minutes on foot from Perlan, features views of the garden. The bed & breakfast also offers guests Wi-Fi…
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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 9.3 out of 10 for location according to the visitors’ reviews. It must be a convenient place to stay!
    8
    Good
    (5039 reviews)
    Featuring a vending machine and a lift, Hostel B47 Reykjavik is situated around 15 minutes' walk from The Icelandic Punk Museum. This Reykjavik hostel lies in the Reykjavik 101 district…
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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!
    8.4
    Excellent
    (163 reviews)
    The 3-star Hotel Lotus Reykjavik, approximately 400 metres from Asmundur Sveinsson Sculpture Museum features a terrace and a shared lounge. This Reykjavik hotel lies in the Reykjavik East district…
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  • Central Guesthouse Reykjavik

    400 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
    (326 reviews)
    The 2-star Central Guesthouse Reykjavik is situated in the very heart of Reykjavik merely 650 metres from Reykjavik Museum of Photography. The guest house features a terrace and barbecue…
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  • Vithines Guesthouse

    8.5 km 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!
    8
    Good
    (1214 reviews)
    Overlooking the courtyard, Vithines Guesthouse Reykjavik is approximately 5 km from Grafarvogslaug Swimming Pool. The guest house also includes free private parking.
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  • Cityhub Reykjavik

    800 m to the city centre
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    8.4
    Excellent
    (14 reviews)
    Located right in the centre of Reykjavik, Cityhub Reykjavik Hotel offers fast access to Kolaportith, merely 550 metres away. The hotel offers numerous amenities such as a lift, a snack…
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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 shop and a restaurant onsite, the 3-star Hlemmur Square hostel is situated in the Reykjavik 101 district, about 10 minutes on foot from the huge 1990 stainless…
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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 9.1 out of 10 for location according to the visitors’ reviews. It must be a convenient place to stay!
    8.2
    Excellent
    (263 reviews)
    Featuring Wi-Fi throughout the property, Baldursbra Guesthouse Laufasvegur Reykjavik sits only 1.1 km from Volcano House. Guests will enjoy a buffet breakfast and access to a terrace.
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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 out of 10 for location according to the visitors’ reviews. It must be a convenient place to stay!
    8.4
    Excellent
    (321 reviews)
    The 3-star Nordurey Hotel City Garden is situated in the heart of Reykjavik, within 25 minutes' walk of a hot shopping spot such as Kolaportith. This Reykjavik hotel offers…
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  • Laekur Hostel

    1.6 km to the city centre
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    Very good location
    This property boasts very good location. It has a score 7.8 out of 10 for location according to the visitors’ reviews. It must be a convenient place to stay!
    8.4
    Excellent
    (433 reviews)
    Situated merely 6 minutes' walk from Laugardalslaug Geothermal Pool, Laekur Hostel Reykjavik offers a terrace for guests to unwind. Offering parking nearby, the Reykjavik hostel is adjacent to Solfar Sculpture.
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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 9.6 out of 10 for location according to the visitors’ reviews. It must be a convenient place to stay!
    9
    Excellent
    (2817 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 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!
    8.2
    Excellent
    (1272 reviews)
    Hotel Vera Reykjavik has 12 rooms and is located 5 minutes on foot from Laugavegur. The hotel also includes parking.
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  • B14 Hostel

    1.7 km to the city centre
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    Very good location
    This property boasts very good location. It has a score 7.6 out of 10 for location according to the visitors’ reviews. It must be a convenient place to stay!
    8.8
    Excellent
    (20 reviews)
    Featuring luggage storage and a restaurant, the budget B14 Hostel is situated in the heart of Reykjavik, only 5 minutes on foot from Reebok CrossFit Reykjavik Sports Complex. This 3…
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  • Airport Inn

    2.9 km to the city centre
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    8
    Good
    (84 reviews)
    Located approximately 6 km from Keflavik Maritime Center, the 2-star Airport Inn Keflavik includes 44 rooms. Guests who stay at the inn can park their car on site.
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  • Bank Guesthouse By Kef Airport

    2.5 km 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!
    7.4
    Good
    (2653 reviews)
    Situated approximately 10 minutes by car from Stekkjarkot Museum, Bank Guesthouse By Kef Airport Keflavik features Wi-Fi in the rooms and private parking on site.
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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!
    8.2
    Excellent
    (383 reviews)
    Nestled in the shopping Reykjavik 101 district, the 2-star Guesthouse Andrea is 1.2 km from culture-oriented attractions like Reykjavik Art Museum Hafnarhus. Offering bicycle usage and bike loans…
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