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Our top choices for Reykjavik cheap hotels

Blue Viking Pods

Blue Viking Pods
1.5 star property
Reykjanesbær
8.6 out of 10, Excellent, (38 reviews)
"Very good for short term stays "
United States
Erica
The price is Rp1.840.518
Rp2.155.944 total
includes taxes & fees
29 Jun - 30 Jun
Blue Viking Pods

Aska Hraun

Aska Hraun
2.0 star property
Hafnarfjörður
9.0 out of 10, Wonderful, (2 reviews)
"The location from outside not look that good and was lucky to have one parking spot avilable. Room very clean as well as washroom,look like been totally renovated. There is no front desk,everything done by codes for main entry door and your room once you check-in. Only negative concerns, that heater Knob was broken and we was unable to reduce room temperature, ended up by sleeping and keep window open,I already called the hotel staff but couldn't help."
Canada
Moustafa
The price is Rp1.586.898
Rp2.687.336 total
includes taxes & fees
25 Jun - 26 Jun
Aska Hraun

Blue Viking Studios

Blue Viking Studios
2.0 star property
Reykjanesbær
9.0 out of 10, Wonderful, (11 reviews)
"Clean place and affordable. Close to the airport."
United States
Anthony
The price is Rp2.484.556
Rp2.870.826 total
includes taxes & fees
29 Jun - 30 Jun
Blue Viking Studios

CityHub Reykjavik

CityHub Reykjavik
2.0 star property
Downtown Reykjavik
9.2 out of 10, Wonderful, (505 reviews)
"Such a great stay! Check in was easy, the place was clean, and perfect for a quick trip to Iceland!!"
United States
Ashley
The price is Rp2.274.350
Rp2.637.384 total
includes taxes & fees
30 Jun - 1 Jul
CityHub Reykjavik

Konvin Hotel by Reykjavik Keflavik Airport

Konvin Hotel by Reykjavik Keflavik Airport
3.0 star property
Reykjanesbær
8.6 out of 10, Excellent, (1,215 reviews)
"Restaurant on property is excellent"
United States
Donald
The price is Rp3.726.114
Rp4.249.163 total
includes taxes & fees
27 Jun - 28 Jun
Konvin Hotel by Reykjavik Keflavik Airport

201 Hotel

201 Hotel
4.0 star property
Kópavogur
8.6 out of 10, Excellent, (1,001 reviews)
"Wonderful deal, great breakfast, modern and clean hotel."
United States
Ada
The price is Rp2.755.334
Rp3.171.597 total
includes taxes & fees
27 Jun - 28 Jun
201 Hotel

Hotel Boli Keflavik

Hotel Boli Keflavik
2.0 star property
Reykjanesbaer
8.0 out of 10, Very good, (49 reviews)
"Great place to stay the night before an early flight with basic room facilities."
United Kingdom
Paola
The price is Rp2.512.497
Rp2.901.685 total
includes taxes & fees
7 Jul - 8 Jul
Hotel Boli Keflavik

Hotel Duus

Hotel Duus
3.5 star property
Reykjanesbær
8.0 out of 10, Very good, (1,005 reviews)
"Check in was very easy and room was nice and clean"
United States
Emma
The price is Rp2.754.486
Rp3.170.448 total
includes taxes & fees
20 Jul - 21 Jul
Hotel Duus

Hotel Vogar

Hotel Vogar
2.5 star property
Vogar
8.4 out of 10, Very good, (357 reviews)
"Very quiet, nice overall. It was in the area of Vogar between the airport and quite a distance from Reykjavik and I didn’t see much of anything in the area re restaurants or gas stations, etc."
United States
James
The price is Rp2.549.814
Rp2.943.107 total
includes taxes & fees
2 Jul - 3 Jul
Hotel Vogar

Strand Hotel Apartments

Strand Hotel Apartments
2.0 star property
Hafnarfjörður
9.2 out of 10, Wonderful, (13 reviews)
"The room was spacious, with high ceilings, nice kitchens, bathrooms and I especially loved that the two sets of doors opened to experience the beautiful weather. Definitely returning and will rebook with Strand Hotel."
United States
Christena
The price is Rp2.133.446
Rp3.700.537 total
includes taxes & fees
26 Jun - 27 Jun
Strand Hotel Apartments
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.

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

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 bar. Other good options for your budget-friendly stay include KEX Hotel and Hostel Reykjavik and Old Town 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.