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Check availability on Reykjavik Cheap Hotels

Our top choices for Reykjavik cheap hotels

Shared Dormitory, 1 Double Bed | Free WiFi

Blue Viking Pods

Blue Viking Pods
1.5 star property
Reykjanesbær
9.0 out of 10, Wonderful, (25 reviews)
"Very good for short term stays "
United States
Erica
The price is ฿2,962
฿3,499 total
includes taxes & fees
23 May - 24 May
Blue Viking Pods
Lobby sitting area

201 Hotel

201 Hotel
4.0 star property
Kópavogur
8.6 out of 10, Excellent, (1,008 reviews)
"Everything about this hotel EXCEEDED our expectations! Excellent location, breakfast, and like-new clean rooms!"
United States
LAWRENCE
The price is ฿3,714
฿4,333 total
includes taxes & fees
31 May - 1 Jun
201 Hotel
Free cots/infant beds, free WiFi, bed sheets

Hotel Boli Keflavik

Hotel Boli Keflavik
2.0 star property
Reykjanesbaer
9.0 out of 10, Wonderful, (12 reviews)
"Our cleaning person was the best part of our stay here Roxanna I believe her name was made our stay wonderful!"
United States
Sandra
The price is ฿4,044
฿4,700 total
includes taxes & fees
27 May - 28 May
Hotel Boli Keflavik
Outdoor spa tub

CityHub Reykjavik

CityHub Reykjavik
2.0 star property
Downtown Reykjavik
9.2 out of 10, Wonderful, (458 reviews)
"Excellent hostel."
United States
Katherine
The price is ฿3,319
฿3,895 total
includes taxes & fees
25 May - 26 May
CityHub Reykjavik
Front of property

Aska Hraun

Aska Hraun
2.0 star property
Hafnarfjörður
The price is ฿3,207
฿5,287 total
includes taxes & fees
20 May - 21 May
Aska Hraun
Free WiFi, bed sheets

Blue Viking Studios

Blue Viking Studios
2.0 star property
Reykjanesbær
9.4 out of 10, Exceptional, (3 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 ฿4,167
฿4,837 total
includes taxes & fees
24 May - 25 May
Blue Viking Studios
Daily buffet breakfast for a fee

Reykjavik Natura - Berjaya Iceland Hotels

Reykjavik Natura - Berjaya Iceland Hotels
4.0 star property
Reykjavik
8.8 out of 10, Excellent, (1,005 reviews)
"Breakfast was delightful "
United States
Tina
The price is ฿4,300
฿4,984 total
includes taxes & fees
20 May - 21 May
Reykjavik Natura - Berjaya Iceland Hotels
Front of property

Lighthouse Inn

Lighthouse Inn
3.5 star property
Suðurnesjabær
9.8 out of 10, Exceptional, (1,007 reviews)
"Clean, great views, close to grocery and restaurant."
United States
Karen
The price is ฿4,810
฿5,550 total
includes taxes & fees
27 May - 28 May
Lighthouse Inn
Front of property

Fisherman's Village

Fisherman's Village
2.5 star property
Garðabær
9.2 out of 10, Wonderful, (1,001 reviews)
"The Hlid Fisherman's Village was an incredibly peaceful and beautiful place to stay on our first visit to Iceland. It was only 15 minutes from Reykjavik but isolated enough that we felt like we were in our own world for the week. The rooms were lovely with great views of the water and local birds. We also appreciated having access to the hot tubs and sauna on site."
United States
Kelsey
The price is ฿4,254
฿4,933 total
includes taxes & fees
24 May - 25 May
Fisherman's Village
Terrace/patio

Hotel Duus

Hotel Duus
3.5 star property
Reykjanesbær
8.0 out of 10, Very good, (1,005 reviews)
"It was a very good place to stay near the airport"
United States
Rayza G
The price is ฿4,603
฿5,320 total
includes taxes & fees
26 May - 27 May
Hotel Duus
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.
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Top Reykjavik Hotel Reviews

Hotel Reykjavik Centrum

Hotel Reykjavik Centrum

10/10 Excellent
"Extremely helpful front desk. Especially Kristyna at front desk."
Jacob 5-night trip
Posted 2 hours ago
Hotel Reykjavik Centrum

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, Nautholsvik Geothermal Beach or Tjornin.
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.