Cheap Hotels in Reykjavik

Reykjavik
Jan 19, 2025 - Jan 20, 2025
2 adults, 1 room
Find
Cheap Hotels in Reykjavik
Price per night:
Up to 100$
$100 - 200
From $200
Rating:
Excellent 9+
Very good 8+
Good 7+
All ratings
Star rating:
5-stars
4-stars
3-stars
Unrated
8.2
Very good (214)
View map · 0.5 mi City Centre
From
206US$ /per night
8.4
Very good (246)
View map · 0.4 mi City Centre
From
112US$ /per night
8.2
Very good (229)
View map · 0.1 mi City Centre
From
622US$ /per night
8.4
Very good (224)
View map · 0.7 mi City Centre
From
245US$ /per night
8.4
Very good (448)
View map · 0.4 mi City Centre
From
195US$ /per night
8.4
Very good (289)
View map · 1.0 mi City Centre
From
148US$ /per night
8.4
Very good (410)
View map · 0.7 mi City Centre
From
178US$ /per night
8.2
Very good (437)
View map · 1.4 mi City Centre
From
105US$ /per night
8.4
Very good (636)
View map · 0.0 mi City Centre
From
199US$ /per night
8.4
Very good (385)
View map · 1.0 mi City Centre
From
175US$ /per night
8.8
Excellent (125)
View map · 1.3 mi City Centre
From
115US$ /per night
8.2
Very good (267)
View map · 0.1 mi City Centre
From
209US$ /per night
8.2
Very good (176)
View map · 0.6 mi City Centre
From
247US$ /per night
8.4
Very good (212)
View map · 0.4 mi City Centre
From
98US$ /per night
8.4
Very good (327)
View map · 0.0 mi City Centre
From
205US$ /per night
8.4
Very good (568)
View map · 1.2 mi City Centre
From
86US$ /per night
8.4
Very good (349)
View map · 0.2 mi City Centre
From
136US$ /per night
8.2
Very good (243)
View map · 0.5 mi City Centre
From
97US$ /per night
8.4
Very good (250)
View map · 0.9 mi City Centre
From
90US$ /per night
8.2
Very good (151)
View map · 0.3 mi City Centre
From
78US$ /per night
8.4
Very good (273)
View map · 0.7 mi City Centre
From
131US$ /per night
8.4
Very good (251)
View map · 0.4 mi City Centre
From
143US$ /per night
8.4
Very good (385)
View map · 0.3 mi City Centre
From
97US$ /per night
8.4
Very good (389)
View map · 0.2 mi City Centre
From
177US$ /per night
8.2
Very good (150)
View map · 0.3 mi City Centre
From
256US$ /per night
8.4
Very good (22)
View map · 4.0 mi City Centre
From
325US$ /per night
8.4
Very good (468)
View map · 0.3 mi City Centre
From
237US$ /per night
8.2
Very good (393)
View map · 3.8 mi City Centre
From
294US$ /per night
8.4
Very good (232)
View map · 0.8 mi City Centre
From
135US$ /per night
8.2
Very good (202)
View map · 0.1 mi City Centre
From
171US$ /per night
8.2
Very good (335)
View map · 2.3 mi City Centre
From
201US$ /per night
8.2
Very good (87)
View map · 1.1 mi City Centre
From
1868US$ /per night
8.4
Very good (319)
View map · 1.0 mi City Centre
From
46US$ /per night
8.4
Very good (263)
View map · 0.5 mi City Centre
From
58US$ /per night
8.6
Excellent (169)
View map · 1.1 mi City Centre
From
60US$ /per night
8.4
Very good (221)
View map · 0.8 mi City Centre
From
182US$ /per night
8.4
Very good (308)
View map · 1.3 mi City Centre
From
108US$ /per night
8.6
Excellent (615)
View map · 0.4 mi City Centre
From
159US$ /per night
8.2
Very good (260)
View map · 1.1 mi City Centre
From
264US$ /per night
8.2
Very good (557)
View map · 1.0 mi City Centre
From
12US$ /per night
8.2
Very good (280)
View map · 2.1 mi City Centre
From
69US$ /per night
8.2
Very good (266)
View map · 1.1 mi City Centre
From
76US$ /per night
8.2
Very good (136)
View map · 0.9 mi City Centre
From
104US$ /per night
8.4
Very good (213)
View map · 1.7 mi City Centre
From
224US$ /per night
8.2
Very good (117)
View map · 0.3 mi City Centre
From
220US$ /per night
8.2
Very good (55)
View map · 0.4 mi City Centre
From
222US$ /per night
8.2
Very good (103)
View map · 0.1 mi City Centre
From
71US$ /per night
8.4
Very good (235)
View map · 5.4 mi City Centre
From
267US$ /per night
8.4
Very good (345)
View map · 1.5 mi City Centre
From
145US$ /per night
8.2
Very good (100)
View map · 0.7 mi City Centre
From
169US$ /per night
8.4
Very good (354)
View map · 1.6 mi City Centre
From
160US$ /per night
8.4
Very good (115)
View map · 0.6 mi City Centre
From
257US$ /per night
8.2
Very good (146)
View map · 0.7 mi City Centre
From
121US$ /per night
8.2
Very good (57)
View map · 0.7 mi City Centre
From
104US$ /per night
8.4
Very good (388)
View map · 0.7 mi City Centre
From
61US$ /per night
8.2
Very good (302)
View map · 0.8 mi City Centre
From
164US$ /per night
8.4
Very good (23)
View map · 0.3 mi City Centre
From
1016US$ /per night
8.4
Very good (177)
View map · 1.0 mi City Centre
From
199US$ /per night
8.4
Very good (558)
View map · 1.0 mi City Centre
From
76US$ /per night
8.4
Very good (282)
View map · 0.2 mi City Centre
From
164US$ /per night

Discover Your Perfect Stay

Reykjavik is a city that seamlessly blends modern culture with stunning natural beauty. While many travelers might assume that exploring this enchanting destination comes with a hefty price tag, there are numerous cheap hotels in Reykjavik that provide incredible value without compromising on comfort. From cozy guesthouses to budget-friendly hostels, visitors can find a range of affordable accommodations that allow for an unforgettable experience without breaking the bank.

When searching for cheap hotels in Reykjavik, it’s essential to consider locations that put you in close proximity to the city's iconic attractions. Staying in the heart of the city means you can easily stroll to famous sites like Hallgrímskirkja and Harpa Concert Hall, while also enjoying an array of cafes, restaurants, and nightlife. Many budget hotels offer unique Icelandic charm, with amenities that make your stay both enjoyable and convenient.

For travelers keen on experiencing Iceland's breathtaking landscapes, booking a cheap hotel in Reykjavik serves as an ideal base for day trips and adventures. With access to local tours that explore the Golden Circle, geysers, and stunning waterfalls, your low-cost accommodation can enhance your journey. Embrace the opportunity to explore Reykjavik’s vibrant culture and natural wonders, all while enjoying the savings that come with selecting an affordably priced hotel.

Name of hotel Accommodation Rating Price, $
Grotta Northern Lights

8.0 / 10

(238 Reviews)

From 97US$
101 Guesthouse Hotel

8.1 / 10

(44 Reviews)

From 296US$
Grettir Guesthouse

7.9 / 10

(1251 Reviews)

From 65US$
Hotel Heithmoerk

8.3 / 10

(1731 Reviews)

From 122US$
Hotel Fron

8.3 / 10

(2694 Reviews)

From 170US$
8
Very good (238)

Grotta Northern Lights

3
Valhusabraut 35
Grotta Northern Lights - Apartment & Rooms is an extraordinary option for visitors seeking a blend of comfort and natural beauty in Reykjavik. Situated near the scenic Grotta Lighthouse, this establishment provides an extraordinary opportunity to witness the stunning Northern Lights during the winter months. The accommodations range from cozy rooms to fully-equipped apartments—ideal among cheap hotels in Reykjavik for anyone looking for more space and amenities. Guests appreciate the tranquil environment, scenic views, and easy access to nature walks and the coastline. The friendly staff are eager to share local secrets and tips for making the most of your stay. With its unique location and affordable rates, Grotta Northern Lights provides a truly memorable experience in Iceland.

From

97US$ /per night
8.1
Very good (44)

101 Guesthouse Hotel

4
Hverfisgata 10
Positioned within walking distance of downtown Reykjavik, the 101 Guesthouse Hotel provides visitors with an opportunity to experience authentic Icelandic hospitality. This guesthouse offers an inviting atmosphere, featuring comfortable rooms and communal areas where guests can relax and connect. With its competitive pricing, 101 Guesthouse is among the top choices for those searching for cheap hotels in Reykjavik that don’t compromise on comfort or services. Many rooms come with en-suite bathrooms, while others offer shared facilities that help keep costs low. Guests can also benefit from the complimentary breakfast and free Wi-Fi, making their stay even more convenient. Overall, this guesthouse is a great option for budget-conscious travelers looking for a welcoming home base.

From

296US$ /per night

Cozy Guesthouses

When it comes to finding cheap hotels in Reykjavik, cozy guesthouses offer a home-like atmosphere with personalized service at an affordable rate. These accommodations often reflect the local culture, providing a warm and welcoming experience for travelers. Many of these guesthouses feature simple but comfortable rooms with shared facilities, making them a great choice for solo travelers or those on a budget. Additionally, the social environment encourages interaction between guests, creating a sense of community that enhances the travel experience. By staying in a guesthouse, visitors can enjoy both the charm of Iceland and the savings that come with budget-friendly options. Here are three excellent choices in this category.

7.9
Very good (1251)

Grettir Guesthouse

2
Laugavegur 28A
Grettir Guesthouse is a charming and affordable accommodation option that captures the essence of Reykjavik's culture. Offering clean, comfortable rooms at competitive rates, this guesthouse is perfect for those on a budget looking for cheap hotels in Reykjavik. Guests appreciate the guesthouse's friendly atmosphere and helpful staff, who are always on hand to share local knowledge and recommendations. Each room is thoughtfully furnished, providing a cozy retreat after a long day of exploring the city. With easy access to major attractions and public transportation, Grettir Guesthouse ensures convenience for travelers. Its shared kitchen facilities allow guests to save even more by preparing their own meals during their stay.

From

65US$ /per night
8.3
Very good (1731)

Hotel Heithmoerk

3
Oegurhvarf 4
Hotel Heithmoerk combines affordability and a touch of Icelandic tradition in a unique setting. This charming hotel is located in a tranquil area just outside the city center, which allows guests to experience the serenity of nature without being too far from Reykjavik's attractions. The hotel offers clean, comfortable rooms with rustic decor that reflects the local culture, making it an inviting choice among cheap hotels in Reykjavik. Guests can enjoy communal areas, relax in the cozy lounge, or take advantage of the inviting garden. The friendly staff are happy to provide recommendations for exploring the city and surrounding areas. With its picturesque charm and budget-friendly rates, Hotel Heithmoerk is a delightful choice for travelers seeking a distinct experience.

From

122US$ /per night

Modern Apartments

For travelers seeking more independence and flexibility, modern apartments represent an excellent option among the cheap hotels in Reykjavik. These accommodations allow guests to enjoy the comforts of home while also exploring the vibrant capital at their own pace. Fully-equipped kitchens make it easy to prepare meals, helping save on dining expenses during longer stays. Additionally, the spacious living areas are perfect for families or groups traveling together. Apartment-style accommodations often offer great value, making them a popular choice for those looking for budget-friendly options. Here are three highly recommended apartments to consider.

8.3
Very good (2694)

Hotel Fron

3
Laugavegur 22A
Hotel Fron combines affordability with a central location, making it a top contender among cheap hotels in Reykjavik. This cozy hotel is situated on Laugavegur, the city's main shopping street, ensuring guests have easy access to an array of shops, restaurants, and attractions. Each room is tastefully decorated and equipped with modern amenities such as free Wi-Fi, minifridges, and flat-screen TVs, catering to both leisure and business travelers. Guests can start their day with a complimentary breakfast, and the hotel’s staff are always ready to assist with local insights and tours. With comfortable accommodations and a prime location, Hotel Fron offers an excellent balance between value and experience. Travelers looking for a convenient base to explore Reykjavik will find this hotel an appealing choice.

From

170US$ /per night
8.5
Very good (1740)

Skuggi Hotel By Keahotels

3
Hverfisgata 103
Skuggi Hotel By Keahotels not only provides exceptional comfort but also places a strong emphasis on sustainability. The hotel's design incorporates eco-friendly materials and energy-efficient systems, demonstrating a commitment to reducing its environmental impact. Located conveniently near central Reykjavik, the hotel is a fantastic choice for those searching for cheap hotels in Reykjavik that prioritize both comfort and responsibility. Guests are encouraged to utilize public transport and explore the city on foot, reducing reliance on carbon-emitting transportation. With a modern aesthetic and thoughtful practices, Skuggi Hotel serves as a welcoming base for eco-conscious travelers. After a day of sightseeing, guests can unwind in the knowledgeable staff's eco-conscious surroundings.

From

149US$ /per night

Convenience and Value in Cheap Hotels in Reykjavik

For travelers prioritizing convenience and amenities, a range of budget-friendly hotels in Reykjavik offer exceptional value without making sacrifices on quality. These hotels often feature essential services such as free breakfast, Wi-Fi, and 24-hour reception, making your stay comfortable and hassle-free. Positioned near popular tourist attractions and major transport routes, these hotels ensure that guests can easily explore the beauty of Iceland. Many of these options include relaxing lounge areas, on-site dining, and upgraded amenities, providing excellent accommodations for a budget. Here are three fantastic budget-friendly hotels to consider for your Reykjavik stay.

8.6
Excellent (2162)

Icelandic Apartments By Heimaleiga

3
Urtharhvarf 4
Icelandic Apartments By Heimaleiga caters to travelers who prefer a self-sufficient living experience while enjoying the sights of Reykjavik. Offering a variety of accommodation sizes, these apartments are perfect for solo adventurers, couples, or families seeking budget accommodations without sacrificing quality. Located in central Reykjavik, the apartments feature fully-equipped kitchens, cozy living areas, and comfortable bedrooms, making them a suitable alternative among cheap hotels in Reykjavik. Guests can enjoy the flexibility of preparing their own meals and the convenience of being close to local attractions and amenities. The friendly staff are also available to provide local tips and assist with tour bookings. For anyone looking for a longer-term stay, these apartments are a top-notch choice.

From

130US$ /per night
7
Good (2721)

Hotel Cabin

2
Borgartun 32
Hotel Cabin offers budget travelers an eco-conscious option without sacrificing comfort. Located just a short distance from Reykjavik’s city center, this hotel has invested in sustainable practices, including energy-saving measures and the use of environmentally friendly materials in its renovations. Each cozy room features modern amenities, such as free Wi-Fi and flat-screen TVs, ensuring a pleasant stay. The hotel provides a delicious breakfast buffet featuring local produce whenever possible, minimizing its carbon footprint. With its focus on sustainability and affordability, Hotel Cabin is a standout choice among cheap hotels in Reykjavik for environmentally-oriented travelers. Guests can explore the city while supporting responsible tourism initiatives.

From

153US$ /per night

Unique Stays

For those looking for a more unique and memorable experience, there are plenty of options among the cheap hotels in Reykjavik that provide quirky details and a local flavor. These accommodations often reflect the creativity and spirit of Iceland, offering distinct atmospheres that stand out from more traditional hotels. By opting for a unique stay, visitors can not only enjoy comfortable accommodations but also immerse themselves in the local culture. Many of these establishments feature artistic designs, themed rooms, or charming historical details that can enhance your Icelandic adventure. Here are three unique stays that promise an unforgettable experience.

8
Very good (1715)

Hotel Island

4
Armula 9
Hotel Island - Comfort is dedicated to eco-friendly practices and conscious living, all while offering affordable accommodation options in Reykjavik. This hotel utilizes sustainable resources and has implemented systems for energy and water conservation throughout the premises. Guests enjoy simple yet comfortable rooms equipped with modern amenities, perfect for travelers looking for cheap hotels in Reykjavik that align with their values. The on-site restaurant features a menu focused on local and organic ingredients, promoting sustainability while delighting the taste buds. The hotel's commitment to maintaining a low environmental footprint allows visitors to experience the beauty of Iceland responsibly. With its knowledgeable staff and commitment to green practices, Hotel Island - Comfort provides a rewarding experience for eco-conscious guests.

From

222US$ /per night

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