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Our top choices for Reykjavik cheap hotels

Konvin Hotel by Reykjavik Keflavik Airport

Konvin Hotel by Reykjavik Keflavik Airport
3.0 star property
Reykjanesbær
8.6 out of 10, Excellent, (1,155 reviews)
"Nicely renovated hotel with spacious rooms, especially for Europe. The hotel furnishes a restaurant that’s good - their system does not allow tipping by card fyi. It took us a little to learn the radiator heating system. "
United States
Stephen
The price is ฿3,270
฿3,841 total
includes taxes & fees
10 May - 11 May
Konvin Hotel by Reykjavik Keflavik Airport

201 Hotel

201 Hotel
4.0 star property
Kópavogur
8.6 out of 10, Excellent, (1,006 reviews)
"Everything about this hotel EXCEEDED our expectations! Excellent location, breakfast, and like-new clean rooms!"
United States
LAWRENCE
The price is ฿3,035
฿3,581 total
includes taxes & fees
10 May - 11 May
201 Hotel

Blue Viking Pods

Blue Viking Pods
1.5 star property
Reykjanesbær
9.4 out of 10, Exceptional, (19 reviews)
"Clean and convenient for what we needed. "
United States
Elizabeth
The price is ฿2,951
฿3,486 total
includes taxes & fees
8 May - 9 May
Blue Viking Pods

CityHub Reykjavik

CityHub Reykjavik
2.0 star property
Downtown Reykjavik
9.2 out of 10, Wonderful, (444 reviews)
"Amazing host. Great common area and would definitely recommend it to someone who is also solo traveling. "
United States
Katie
The price is ฿2,653
฿3,155 total
includes taxes & fees
11 May - 12 May
CityHub Reykjavik

Hotel Boli Keflavik

Hotel Boli Keflavik
2.0 star property
Reykjanesbaer
8.8 out of 10, Excellent, (9 reviews)
"We had a good time."
Germany
Timo
The price is ฿3,597
฿4,203 total
includes taxes & fees
13 May - 14 May
Hotel Boli Keflavik

Fisherman's Village

Fisherman's Village
2.5 star property
Garðabær
9.2 out of 10, Wonderful, (1,000 reviews)
"Parking was easy, view was great. Would stay again "
United States
Brittany
The price is ฿3,713
฿4,333 total
includes taxes & fees
18 May - 19 May
Fisherman's Village

Hotel Duus

Hotel Duus
3.5 star property
Reykjanesbær
8.0 out of 10, Very good, (1,006 reviews)
"It was a very good place to stay near the airport"
United States
Rayza G
The price is ฿3,938
฿4,582 total
includes taxes & fees
11 May - 12 May
Hotel Duus

Hótel Heiðmörk

Hótel Heiðmörk
3.0 star property
Kópavogur
8.8 out of 10, Excellent, (293 reviews)
"Very good hotel just enough for a 4 day trip "
United Kingdom
Kunil
The price is ฿2,542
฿3,789 total
includes taxes & fees
10 May - 11 May
Hótel Heiðmörk

Blue Viking Studios

Blue Viking Studios
2.0 star property
Reykjanesbær
9.0 out of 10, Wonderful, (2 reviews)
"The room size was comfortable enough for our needs, and everything was very clean. The location near the airport was really convenient, especially since we only used it for an overnight stay. However, the photos were a bit misleading—it looked like the room had an extra bed that wasn’t actually there. Overall, it worked well for a short stay, but the listing could be more accurate."
United States
ruhamey
The price is ฿4,152
฿4,819 total
includes taxes & fees
11 May - 12 May
Blue Viking Studios

Hotel Vellir

Hotel Vellir
3.0 star property
Hafnarfjordur
9.0 out of 10, Wonderful, (1,002 reviews)
"We were only there for 1 night but had a wonderful stay. Staff were very helpful and friendly. Breakfast was delicious and location wasn’t too bad with free parking."
Canada
Jens
The price is ฿4,248
฿4,925 total
includes taxes & fees
9 May - 10 May
Hotel Vellir
Lowest nightly price found within the past 24 hours based on a 1 night stay for 2 adults. Prices and availability subject to change. Additional terms may apply.

Top Reykjavik Hotel Reviews

Frequently asked questions

What is Reykjavik like for travellers on a budget?
Reykjavik offers cheap accommodation options and a range of things to see and do, making it a great holiday choice for budget-conscious travellers. In addition to its well-known attractions such as Reykjavik Harbour, this destination is home to Reykjavik Pond and Tjornin, which you can enjoy while spending very little.
What's the best place to stay on a budget in Reykjavik?
Based on reviews, Old Town Reykjavik is a popular hotel for our travellers in search of a less expensive place to stay, and it offers free Wi-Fi. Other good options for your budget-friendly stay include KEX Hotel and Hostel Reykjavik and Hotel Von.
How many cheap hotels should I expect to find in Reykjavik?
Expedia has 14 hotels in Reykjavik that are ideal if you are watching your pennies.
When is the best time for a budget trip to Reykjavik?
Weather is probably a major factor when you plan your trip to Reykjavik, but bear in mind that cheaper options are usually available when the weather isn't as good. The hottest months are usually July and August, with an average temperature of 10°C, while the coldest months are December and January, with an average of 0°C. Average annual precipitation for Reykjavik is 1281 mm.
What is there to see and do in Reykjavik?
Reykjavik attracts visitors with its top museums and abundant cafes, and offers plenty to see and do without spending a fortune. You can budget for the top local attractions that interest you most, such as Reykjavik Harbour, and then look for sights and activities that cost little or nothing at all. If you're looking to enjoy the area's natural beauty, you can get outdoors at Reykjavik Pond, Tjornin or Oskjuhlid Hill.
How can I get to Reykjavik and get around on a budget?
Scoping out the transportation options in Reykjavik is a smart way to keep your trip affordable. The nearest airport is 1.2 mi (2 km) from the centre in Reykjavik (RKV-Reykjavik Domestic). However, if that doesn't suit your budget, you can look into flights to Keflavik International Airport (KEF), which is 23.2 mi (37.3 km) away. Reykjavik might not have many public transport choices so renting a car could be a reasonable alternative to see more of the area.