A coastal town with colorful buildings, a large body of water, and snow-capped mountains in the background.

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Check availability on Reykjavik Cheap Hotels

Tonight
10 Aug - 11 Aug
Tomorrow
11 Aug - 12 Aug
This weekend
14 Aug - 16 Aug
Next weekend
21 Aug - 23 Aug

Our top choices for Reykjavik cheap hotels

Lobby sitting area
Family Suite Large | In-room safe, desk, blackout curtains, free WiFi
Lobby
Family Suite Small | In-room safe, desk, blackout curtains, free WiFi

1. 201 Hotel

201 Hotel
Kópavogur
United States
Karen
฿5,960
฿6,830 total
includes taxes & fees
31 Aug - 1 Sept
201 Hotel
Front of property – evening/night
Standard Triple Room | View from room
Reception
Free daily continental breakfast

2. Reykjavik Lights by Keahotels

Reykjavik Lights by Keahotels
Háaleiti
United States
Patricia
฿8,861
฿10,051 total
includes taxes & fees
1 Sept - 2 Sept
Reykjavik Lights by Keahotels
Outdoor spa tub
Exterior
Outdoor spa tub
Lobby sitting area

3. CityHub Reykjavik

CityHub Reykjavik
Downtown Reykjavik
United States
Ingrid
฿4,777
฿5,517 total
includes taxes & fees
8 Sept - 9 Sept
CityHub Reykjavik
Lobby
Deluxe Studio | Minibar, in-room safe, blackout curtains
Apartment, 1 Bedroom | Living area | 32-cm TV with digital channels
Lobby

4. Hotel Fron

Hotel Fron
Downtown Reykjavik
Canada
Nancy
฿6,488
฿7,416 total
includes taxes & fees
19 Aug - 20 Aug
Hotel Fron
Superior Twin Room | Desk, free WiFi, bed sheets
Point of interest
Superior Double Room | Bathroom | Shower, hair dryer, towels
Point of interest

5. Alva Hotel Brautarholt

Alva Hotel Brautarholt
Holt
United States
Eduardo
฿5,822
฿6,677 total
includes taxes & fees
24 Aug - 25 Aug
Alva Hotel Brautarholt
Restaurant
Triple Room | Desk, laptop workspace, blackout curtains, soundproofing
Restaurant
Reception

6. Konvin Hotel by Reykjavik Keflavik Airport

Konvin Hotel by Reykjavik Keflavik Airport
Reykjanesbær
Canada
Ross
฿8,528
฿9,681 total
includes taxes & fees
1 Sept - 2 Sept
Konvin Hotel by Reykjavik Keflavik Airport
Lobby lounge
Front of property – evening/night
Junior Suite | In-room safe, desk, laptop workspace, blackout curtains
Lobby lounge

7. Hotel Reykjavík Grand

Hotel Reykjavík Grand
Laugardalur
United States
Terrance
฿10,304
฿11,652 total
includes taxes & fees
9 Sept - 10 Sept
Hotel Reykjavík Grand
Restaurant
Restaurant
Restaurant
Front of property

8. Hotel Von

Hotel Von
Downtown Reykjavik
United States
Gustavo Londono
฿7,852
฿8,930 total
includes taxes & fees
9 Sept - 10 Sept
Hotel Von
Standard Double Room, Balcony (or view) | Premium bedding, down duvets, pillow-top beds, desk
Superior Double Room, Balcony | Premium bedding, down duvets, pillow-top beds, desk
Terrace/patio
Front of property

9. City Center Hotel

City Center Hotel
Downtown Reykjavik
United States
Eric
฿7,356
฿8,379 total
includes taxes & fees
8 Sept - 9 Sept
City Center Hotel
Sauna, hot tub, 3 treatment rooms, massages
Lobby sitting area
Restaurant
Bar (on property)

10. Grandi by Center Hotels

Grandi by Center Hotels
Vesturbær
Canada
Tammy
฿8,199
฿9,315 total
includes taxes & fees
8 Sept - 9 Sept
Grandi by Center Hotels
View all properties

Top Reykjavik Hotel Reviews

Hotel Reykjavík Grand

Hotel Reykjavík Grand

8/10 Good
"1. The staffs are friendly and love to help. 2. It’s not comfortable to tell the receptionist that the room needs housecleaning every morning before 10:00 AM."
KUEI SHIANG 7-night trip
Posted less than an hour ago
Hotel Reykjavík Grand
Center Hotels Plaza

Center Hotels Plaza

10/10 Excellent
"Excellent location! In the middle of it all! Breakfast was good and plentiful, we would stay here again!"
Christopher 2-night trip
Posted 4 hours ago
Center Hotels Plaza
Center Hotels Arnarhvoll

Center Hotels Arnarhvoll

8/10 Good
"Room was clean but because of the post pride parade party the hotel was a bit of a mess. The outdoor top deck had broken glass, cig butts, etc. And, it needed some seating. The shower in the standard room is a joke. Tiny and the entire bathroom gets wet when you shower. Very quiet and a good location"
Ann 2-night trip
Posted 13 hours ago
Center Hotels Arnarhvoll
Reykjavik Residence Apartment Hotel

Reykjavik Residence Apartment Hotel

8/10 Good
"Phone key did not work for the entrance the entire time of our stay. Had to walk to go get a physical key - fine for me, but hard for elderly parents. No option to deliver the key was provided, which is an inconvenience for $700+ per night hotel room. Otherwise, the hotel room itself was great - remember that there is no elevator."
Chirayu 2-night trip
Posted 15 hours ago
Reykjavik Residence Apartment Hotel
Miðgarður by Center Hotels

Miðgarður by Center Hotels

8/10 Good
"Lovely hotel in Reykjavik, rooms are fairly compact but clean and very comfortable. Breakfast was fine, the same every morning, but enough to get you going for the day."
Jill 4-night trip
Posted 17 hours ago
Miðgarður by Center Hotels
Alva Hotel Brautarholt

Alva Hotel Brautarholt

8/10 Good
"Clean comfortable room Easy to check in Nice bathroom Walking distance to downtown My only complaint was the black out curtains only covered half the windows, so minimal privacy as the building across could see inside our room and it didn't get completely dark."
Nicole 2-night trip
Posted 5 days ago
Alva Hotel Brautarholt

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 Oskjuhlid Hill, which you can enjoy while spending very little.
What's the best place to stay on a budget in Reykjavik?
Based on reviews, Hotel Von is a popular hotel for our travellers who want a more economical choice, and features free Wi-Fi and a restaurant. Other good options for your budget-friendly stay include Old Town Reykjavik and KEX Hotel and Hostel Reykjavik.
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, Oskjuhlid Hill or Nautholsvik Geothermal Beach.
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.