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.

479 cheap hotels in Reykjavik found

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  • Storm Hotel By Keahotels

    1.3 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!
    8.6
    Excellent
    (1243 reviews)
    Offering a terrace and a shared lounge, Storm Hotel By Keahotels Reykjavik is located in a business district, only 6 minutes' walk from Hofthi. This quality hotel entices guests with…
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  • Skuggi Hotel By Keahotels

    1.3 km 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
    (1769 reviews)
    The 3-star Skuggi Hotel By Keahotels Reykjavik features 100 modern rooms 5 minutes on foot from Laugavegur Shopping Street. This Reykjavik hotel is in a shopping area, just a…
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  • Fosshotel Baron

    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!
    7.6
    Good
    (1254 reviews)
    Boasting a vending machine and a lift, Fosshotel Baron Reykjavik hotel is located a mere 1 km from The Icelandic Punk Museum. This hotel also includes parking.
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  • Fosshotel Lind

    1.2 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
    Good
    (1089 reviews)
    Fosshotel Lind Reykjavik hotel includes a lift and a vending machine and lies only 6 minutes' walk from Old Iceland. Guests travelling by car can also use parking on site.
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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
    (2728 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
    (2785 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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  • Reykjavik Lights Hotel By Keahotels

    800 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!
    8.6
    Excellent
    (939 reviews)
    Nestled in the entertainment district of Reykjavik, the 3-star Reykjavik Lights Hotel By Keahotels is approximately a 5-minute drive from Laugardalsholl Stadium. Wi-Fi is offered throughout the…
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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!
    8.2
    Excellent
    (1781 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!
    7.8
    Good
    (4697 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
    (2970 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
    (959 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!
    8.2
    Excellent
    (1115 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
    (1048 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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  • 22 Hill Hotel

    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!
    7
    Good
    (2673 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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  • Oddsson Midtown Hotel

    1.1 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
    (5028 reviews)
    The 3-star Oddsson Hotel is nestled in the Reykjavik East district of Reykjavik, about a 5-minute drive from sports attractions, such as Reebok CrossFit Reykjavik Sports Complex. Featuring…
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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
    (2838 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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  • 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
    (1520 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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  • Hotel Leifur Eiriksson

    900 m to the city centre
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    Exceptional location
    This property boasts exceptional location. It has a score 9.7 out of 10 for location according to the visitors’ reviews. It must be a convenient place to stay!
    8
    Good
    (1767 reviews)
    Hotel Leifur Eiriksson is situated in the Reykjavik 101 district, 15 minutes' walk from National Museum of Iceland and features 47 rooms with views of the city. This 3-star…
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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
    (1607 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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  • 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
    (5027 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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  • Guesthouse Sunna

    900 m 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!
    8.6
    Excellent
    (2082 reviews)
    Located approximately 5 minutes by car from Kolaportith, the 3-star Guesthouse Sunna Reykjavik features Wi-Fi throughout the property and a car park on site. The family-managed guest…
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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
    (2763 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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  • 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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  • Hotel Muli

    600 m 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
    (3470 reviews)
    Featuring a lift and a vending machine, the 3-star Hotel Muli is located next to the financial district of Reykjavik and within 5 minutes' drive of Harpa Concert Hall…
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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!
    9.2
    Excellent
    (679 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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  • 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
    Good
    (2237 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
    (1407 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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  • 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
    (1553 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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  • 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!
    8
    Good
    (3071 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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  • 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!
    7.6
    Good
    (2863 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
    (3334 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
    (1650 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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  • 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
    (1530 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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  • 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!
    8.2
    Excellent
    (1770 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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  • 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!
    7.2
    Good
    (284 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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  • 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
    (2868 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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  • Ok Studios

    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!
    8.4
    Excellent
    (411 reviews)
    Situated merely a 5-minute walk from Laugavegur, the 3-star Ok Studios Reykjavik hotel features a terrace and a shared lounge. Centrally located a few minutes' drive from 12…
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  • Hotel Hraun

    6.7 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
    (260 reviews)
    Featuring car rentals, as well as Wi-Fi throughout the property, Hotel Hraun Hafnarfjordur is within 10 minutes' drive of Hofsstadir Historic Park Viking Longhouse. Featuring 71 rooms with views…
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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!
    7.2
    Good
    (2110 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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  • 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
    (1033 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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  • 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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  • 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
    (2603 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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  • Icelandic 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 8.4 out of 10 for location according to the visitors’ reviews. It must be a convenient place to stay!
    8.6
    Excellent
    (2269 reviews)
    Offering a gym, various recreational opportunities, and a golf course, as well as the views of the city, the 3-star Icelandic Apartments By Heimaleiga Reykjavik hotel is located about…
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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
    (2536 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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  • 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
    (2019 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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  • The Swan House By Heimaleiga

    800 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
    (2018 reviews)
    Immersed in cafés, bars, and restaurants, 0.9 km from the Pint-sized Icelandic Punk Offbeat Museum, the trendy The Swan House By Heimaleiga Aparthotel Reykjavik includes 39 rooms. The 3…
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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!
    7.8
    Good
    (3858 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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  • 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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  • 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!
    8.8
    Excellent
    (3195 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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  • Start Keflavik Airport

    2.6 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!
    8.6
    Excellent
    (4622 reviews)
    The comfortable Start Keflavik Airport Hostel, located within 10 minutes' drive of The Giantess in the Mountain, features Wi-Fi throughout the property.
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