Reykjavik Hotel Guide - Cheap Hotels in Reykjavik, Capital Region

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Check availability on Reykjavik Cheap Hotels

Top Reykjavik Cheap Hotels

Hotel Von

3.5 star property
9.4 out of 10, Exceptional, (979)
"This hotel is in a fantastic location right in the heart of the city. It was great to be there for NYE. The hotel itself is simple and clean. Comfortable beds and good shower with nice products. Small details are missing, like it would have been good to have a boot tray to put your boots on instead of the floor getting wet from melting snow. We found the service ok, not particularly amazing. We arrived morning of New Year’s Eve and were told the hotel bar was booked out for a private event in...
The price is €139
includes taxes & fees
28 Jan - 29 Jan
Hotel Von

Grandi by Center Hotels

4.0 star property
9.4 out of 10, Exceptional, (965)
"Lovely little hotel next to Reykjavík Harbour! Easily walkable to the centre, lovely friendly & helpful staff. Street parking nearby if you’re hiring a car. Overall 10/10"
The price is €165
includes taxes & fees
28 Jan - 29 Jan
Grandi by Center Hotels

Fosshotel Barón

3.0 star property
8.6 out of 10, Excellent, (1001)
"Cozy beds"
The price is €149
includes taxes & fees
22 Jan - 23 Jan
Fosshotel Barón

Exeter Hotel

4.0 star property
9.4 out of 10, Exceptional, (1000)
"Definitely one of my top picks for hotels! Will stay again!"
The price is €179
includes taxes & fees
26 Jan - 27 Jan
Exeter Hotel

Alda Hotel Reykjavik

4.0 star property
9.4 out of 10, Exceptional, (1001)
"Nice and very professional staff. Very clean, just little overpriced. Nice location and everything around the hotel. "
The price is €180
includes taxes & fees
29 Jan - 30 Jan
Alda Hotel Reykjavik

Hotel Reykjavík Grand

4.0 star property
9.0 out of 10, Wonderful, (1001)
"Excellent place to stay, about 20/30 minute walk to the main area of Reykjavik. Superb staff and extremely friendly. Very easy to access the roads for adventures and an added bonus there’s a cat that lives in the lobby roaming around. 10/10 would recommend and stay again."
The price is €163
includes taxes & fees
23 Jan - 24 Jan
Hotel Reykjavík Grand

Miðgarður by Center Hotels

4.0 star property
9.4 out of 10, Exceptional, (1067)
"Great location. Spa access was wonderful. vIP got us an early room. "
The price is €165
includes taxes & fees
28 Jan - 29 Jan
Miðgarður by Center Hotels

Center Hotels Arnarhvoll

4.0 star property
8.8 out of 10, Excellent, (1003)
"The breakfast was excellent. "
The price is €118
includes taxes & fees
27 Jan - 28 Jan
Center Hotels Arnarhvoll

The Reykjavik EDITION

5.0 star property
9.4 out of 10, Exceptional, (375)
"We spent one night in Rekyavik, The Edition was in a perfect spot. Walking distance to the town, had all the modern amenities you could ask for. The lobby bar was a nice place to hang out for a bit before heading out for the evening. Breakfast was not included and was very expensive. Overall a pleasant experience."
The price is €448
includes taxes & fees
19 Feb - 20 Feb
The Reykjavik EDITION

Hotel Reykjavik Centrum

4.0 star property
9.4 out of 10, Exceptional, (1001)
"Very clean & fresh. Wish we would have booked here for the first night before our tour. Recommend!"
The price is €171
includes taxes & fees
28 Jan - 29 Jan
Hotel Reykjavik Centrum
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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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 WiFi and a bar. Other good options for your budget-friendly stay include Hostel B47 and Kex Hostel Reykjavík.
How many cheap hotels should I expect to find in Reykjavik?
Expedia has 15 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 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.