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
18 Aug - 19 Aug
Tomorrow
19 Aug - 20 Aug
This weekend
21 Aug - 23 Aug
Next weekend
28 Aug - 30 Aug

Our top choices for Reykjavik cheap hotels

1. 201 Hotel

201 Hotel
Kópavogur
United States
Karen
Rp2.982.325
Rp3.426.299 total
includes taxes & fees
24 Aug - 25 Aug
201 Hotel

2. CityHub Reykjavik

CityHub Reykjavik
Downtown Reykjavik
United States
Dan Donna
Rp2.434.976
Rp2.818.947 total
includes taxes & fees
24 Aug - 25 Aug
CityHub Reykjavik

3. City Center Hotel

City Center Hotel
Downtown Reykjavik
United States
Ara
Rp4.237.460
Rp4.819.499 total
includes taxes & fees
15 Sept - 16 Sept
City Center Hotel

4. Reykjavik Lights by Keahotels

Reykjavik Lights by Keahotels
Háaleiti
United States
Patricia
Rp3.642.717
Rp4.159.540 total
includes taxes & fees
9 Sept - 10 Sept
Reykjavik Lights by Keahotels

5. Hotel Von

Hotel Von
Downtown Reykjavik
United States
Gustavo Londono
Rp4.015.549
Rp4.573.311 total
includes taxes & fees
15 Sept - 16 Sept
Hotel Von

6. Hotel Fron

Hotel Fron
Downtown Reykjavik
Canada
Nancy
Rp3.234.036
Rp3.705.698 total
includes taxes & fees
19 Aug - 20 Aug
Hotel Fron

7. Hotel Cabin

Hotel Cabin
Laugardalur
Canada
Eric
Rp2.218.231
Rp2.578.360 total
includes taxes & fees
31 Aug - 1 Sept
Hotel Cabin

8. Alva Hotel Brautarholt

Alva Hotel Brautarholt
Holt
United States
Eduardo
Rp3.066.631
Rp3.520.084 total
includes taxes & fees
26 Aug - 27 Aug
Alva Hotel Brautarholt

9. Hotel Ísland - Spa & Wellness Hotel

Hotel Ísland - Spa & Wellness Hotel
Háaleiti
United States
Corona
Rp3.963.190
Rp4.515.265 total
includes taxes & fees
7 Sept - 8 Sept
Hotel Ísland - Spa & Wellness Hotel

10. Konvin Hotel by Reykjavik Keflavik Airport

Konvin Hotel by Reykjavik Keflavik Airport
Reykjanesbær
United Kingdom
Peter
Rp4.611.110
Rp5.234.348 total
includes taxes & fees
15 Sept - 16 Sept
Konvin Hotel by Reykjavik Keflavik Airport
View all properties

Find out more about Reykjavik

Discover cheap things to do in Reykjavik

Reykjavik offers a wealth of experiences for budget-conscious travellers looking to explore without breaking the bank. Start your adventure at the iconic Hallgrímskirkja, where a modest fee grants you access to the tower's viewing platform, offering breathtaking panoramic views of the city and surrounding landscapes. A stroll through the vibrant Laugavegur shopping street not only delights with its unique boutiques but also provides a chance to sample affordable street food; try the famous hot dogs from Bæjarins Beztu Pylsur, a local favourite. Don't miss the beautiful Tjörnin pond, where you can enjoy a peaceful walk and watch the local birdlife, all completely free. For a bit of culture, the National Museum of Iceland has an entrance fee that's easy on the wallet, showcasing the country's fascinating history. When it comes to accommodation, consider staying in the trendy downtown area, where numerous budget hotels and hostels are just a stone's throw from these attractions, making it convenient to explore on foot. This area is filled with charming cafes and restaurants, perfect for sampling local delicacies at reasonable prices, ensuring your family enjoys the best of Reykjavik without overspending.

Rey Apartments

  • Why it's great for a budget-friendly vacation: Rey Apartments is a superb choice for budget travellers with a traveler review rating of 9.2, providing essential amenities at an affordable price. The hotel offers free Wi-Fi and a 24-hour airport shuttle, making it convenient for both arrivals and departures.
  • Other amenities: Guests can enjoy well-equipped rooms featuring kitchenettes, ovens, and refrigerators, perfect for those who prefer self-catering. Additional conveniences include a concierge service and the option for free street parking. Nearby locations provide opportunities for hiking and biking, ensuring travelers can explore the natural beauty of Iceland.
  • Neighborhood: Downtown Reykjavik
  • Nearby attractions: Laugavegur - 0 km, Hallgrimskirkja - 0.5 km, Reykjavik Free Church - 0.6 km

Top Reykjavik Hotel Reviews

Fosshotel Reykjavik

Fosshotel Reykjavik

8/10 Good
"When we arrived and tried to check in early we were told our room was not yet ready. But for $40 US dollars we could get a room that was available immediately. We turned it down. 5 mins later we approached the front check in desk again with a request to store a medication that required refrigeration and when that person check our upcoming room number, she stated our room was ready for no additional charge and the refrigerator in our room could accommodate my med needs. Felt somewhat disappointed by how we’re treated and the inappropriate effort to get more cash from us for no added value."
Henry 1-night trip
Posted 5 hours ago
Fosshotel Reykjavik
Center Hotels Arnarhvoll

Center Hotels Arnarhvoll

8/10 Good
"Property was in an excellent location with many sights, museums, restaurants, bars and bakeries within walking distance. The stop to catch the fly bus or the hop-on hop-off bus was just across the street next to the Harpa concert hall. They had lockers to hold your luggage if you arrived before your room was ready. The room itself was very small and I did not like the shower being directly on the bathroom floor that you had to squeegee to have a place to stand. The room was very warm and no thermostat to adjust. Only one small square window to open. We did not eat there."
KAREN 1-night trip
Posted 6 hours ago
Center Hotels Arnarhvoll
Fosshotel Lind

Fosshotel Lind

10/10 Excellent
"Clean and comfortable - having a room available early saved us coming in on a red eye. That was so appreciated."
Alison 3-night trip
Posted 7 hours ago
Fosshotel Lind
Alda Hotel Reykjavik

Alda Hotel Reykjavik

10/10 Excellent
"Hotel was great, location was awesome! Hotel staff so accommodating. Room was very clean!"
Maria 3-night trip
Posted 8 hours ago
Alda Hotel Reykjavik
Hotel Reykjavík Grand

Hotel Reykjavík Grand

8/10 Good
"The hotel is in an excellent location. Only a few miles from downtown and from the cruise terminal. Free parking g right outside. The only negative was that our room was hot even with the cool weather outside"
James E 3-night trip
Posted 13 hours ago
Hotel Reykjavík Grand
Alva Hotel Brautarholt

Alva Hotel Brautarholt

10/10 Excellent
"Room was clean and efficient. Not a traditional American continental breakfast but European. Was very good. Difficulty with Expedia ap and messaging from the hotel"
Lindora 1-night trip
Posted 15 hours ago
Alva Hotel Brautarholt
Reykjavik Residence Apartment Hotel

Reykjavik Residence Apartment Hotel

10/10 Excellent
"So close to downtown!!! We did park our rental 2-3 blocks away for cheaper parking but the apt itself was wonderful…..our 2 bedroom/1 bath had washer and dryer and the breakfast basket each day was lovely with fruit, meat/cheese and veggies. The fresh baked bread delivered each day was a treat as well! Highly recommended staying here!"
Andrea 6-night trip
Posted 1 day ago
Reykjavik Residence Apartment Hotel
Miðgarður by Center Hotels

Miðgarður by Center Hotels

8/10 Good
"The room was cleaned. Housekeeping only on request. Room was very basic, nothing like the 4 stars in other countries. Staff at the front desk were helpful and friendly. Breakfast was very basic. We had dinner in the restaurant on the day we arrived. It was 9pm, kitchen was about to close and they still served us. We enjoyed the meal."
Stephen 3-night trip
Posted 3 days ago
Miðgarður by Center Hotels

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, 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.