Cheap Hotels in Reykjavik, Iceland

Book reliable cheap hotels in Reykjavik, Iceland
Check-in
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Check-out
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Rooms and Guests2 Guests, 1 Room
Reykjavik offers many attractions, like the Harpa Concert Hall, the National Museum of Iceland, and the Sun Voyager sculpture. You can also enjoy the scenic views at Tjörnin Lake and take a dip at the Blue Lagoon. The city hosts luxury hotels, boutique hotels, and convenient apartment hotels, perfect for every budget. Many hotels, including the Hilton Hotel and local spa hotels, provide a cozy experience with excellent amenities. Booking early is wise, especially during the summer months, as you can explore the city's sights and use public transport easily.
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9.8
Perfect
Map1600 yd from City Centre300 yd from Laugavegur
FromUS$ 175 /nightSelect
Map1.9 mi from City Centre1300 yd from Kringlan Shopping Mall
FromUS$ 134 /nightSelect
Map1200 yd from City Centre500 yd from Hallgrímskirkja Church
FromUS$ 61 /nightSelect
FromUS$ 283 /nightSelect
Map100 yd from City Centre100 yd from The Parliament House
FromUS$ 96 /nightSelect
Map1.0 mi from City Centre200 yd from Laugavegur
FromUS$ 12 /nightSelect
Map800 yd from City Centre400 yd from Hallgrímskirkja Church
FromUS$ 205 /nightSelect
Map1600 yd from City Centre500 yd from Reykjavik Art Museum: Kjarvalsstadir
FromUS$ 104 /nightSelect
Map100 yd from City Centre200 yd from The Parliament House
FromUS$ 120 /nightSelect
Map1300 yd from City Centre500 yd from Hallgrímskirkja Church
FromUS$ 138 /nightSelect
Map800 yd from City Centre400 yd from Solfar Sun Voyager
FromUS$ 111 /nightSelect
Map1100 yd from City Centre300 yd from Hljomskalagardurinn
FromUS$ 36 /nightSelect
Map100 yd from City Centre200 yd from The Parliament House
FromUS$ 154 /nightSelect
10.0
Perfect
Map2.1 mi from City Centre1000 yd from Kringlan Shopping Mall
FromUS$ 69 /nightSelect
Map1.7 mi from City Centre1600 yd from Laugavegur
FromUS$ 212 /nightSelect
Map1.2 mi from City Centre400 yd from Laugavegur
FromUS$ 38 /nightSelect
Map800 yd from City Centre400 yd from Hallgrímskirkja Church
FromUS$ 65 /nightSelect
9.0
Perfect
Map1700 yd from City Centre300 yd from Laugavegur
FromUS$ 195 /nightSelect
9.4
Perfect
Map700 yd from City Centre400 yd from The Offices of the Cabinet of Iceland
FromUS$ 132 /nightSelect
Map1000 yd from City Centre200 yd from Hallgrímskirkja Church
FromUS$ 90 /nightSelect

Hotel price range in Reykjavik

Choose from low-cost hotels—options for every traveler and budget.

⬆️ The highest price
US$ 349
⬇️ The lowest price
US$ 12
💸 Average price for
4-star hotels
US$ 134
3-star hotels
US$ 129

Cheap hotels in Reykjavik

Based on reviews from guests who stayed in the past year

Modern Comfort in the Heart of Reykjavik:
Oddsson Midtown Hotel
Charming Atmosphere and Homey Decor:
Guesthouse Pavi
Stylish Rooms with a Cozy Vibe:
Urban Rvk Studios By Heimaleiga
Convenient Location Near City Attractions:
Hotel Fron
Welcoming Environment and Friendly Staff:
Eric The Red Guesthouse
Affordable Luxury with Modern Amenities:
Hotel Leifur Eiriksson
Tranquil Retreat with Nature Views:
Grettir Guesthouse Downtown Charm
Unique Design and Contemporary Decor:
Saga Studios By Heimaleiga
Comfortable Stay with Local Flavor:
Guesthouse Sunna
Budget Friendly with Essential Services:
Hotel Cabin

How to reach Reykjavik

Transport options available

Airports
Reykjavik Airport (RKV)

FAQs about cheap hotels in Reykjavik

We hope these answers help you plan a smooth and cost-effective trip

Which cheap hotels are best located for sightseeing in Reykjavik?
Hotels like Midtown Reykjavik and Hotel Fron are centrally located, approximately 600 meters from Hallgrímskirkja and Harpa Concert Hall, making them ideal for sightseeing.
Which affordable hotels offer family-friendly amenities?
Hotel Cabin and R13 - A Townhouse Hotel provide family-friendly amenities such as family rooms and easy access to local attractions that kids will enjoy.
Are there any budget hotels in Reykjavik with unique views?
Hotel Leifur Eiriksson offers wonderful views of Hallgrímskirkja, while Brim Hotel provides stunning vistas of the surrounding landscape.
What are the top-rated cheap hotels based on guest reviews?
Hotels like Skuggi Hotel by Keahotels and 101 Guesthouse have excellent guest ratings for their service and cleanliness, with scores averaging above 8/10.
What are the cheapest options for hotels in Reykjavik?
Guesthouse Pavi and Eric The Red Guesthouse offer some of the lowest rates, starting at around $70 USD per night, particularly during the off-peak season.

Stay Hacks in Reykjavik

Reykjavik offers a blend of modern comforts and rich history. Here are four tips to enhance your stay.

Fast Fact: Did you know? About 75% of Reykjavik's hotels are rated three stars or higher, such as the stylish Hotel Muli, known for its contemporary design.

Local Hack: Ask about 'skyr' at breakfast - many hotels serve this traditional Icelandic yogurt, which is a nutritious and delicious start to your day.

Hidden Gem: The Einar Jónsson Museum (12 mins from downtown) showcases impressive sculptures and offers a quiet escape from the bustling city.

Smart Tip: Booking in advance can save you up to 20% on hotel rates, especially during peak travel seasons like summer.

Other cities in Iceland

Check-in
24Jan2026Select date
Check-out
25Jan2026Select date
Rooms and Guests2 Guests, 1 Room