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Our top choices for Reykjavik cheap hotels

Hotel Von

Hotel Von
3.5 star property
Downtown Reykjavik
9.4 out of 10, Exceptional, (1,000 reviews)
"Excellent hotel! "
United Kingdom
Alina
The price is Rp2.345.546
Rp2.711.953 total
includes taxes & fees
8 Apr - 9 Apr
Hotel Von

Grandi by Center Hotels

Grandi by Center Hotels
4.0 star property
Vesturbær
9.4 out of 10, Exceptional, (1,487 reviews)
"Great staff, clean rooms "
United States
Diane
The price is Rp2.605.245
Rp3.000.219 total
includes taxes & fees
16 Apr - 17 Apr
Grandi by Center Hotels

Fosshotel Barón

Fosshotel Barón
3.0 star property
Downtown Reykjavik
8.6 out of 10, Excellent, (1,004 reviews)
"Loved our room and very well located hotel "
United States
Elizeth
The price is Rp2.233.787
Rp2.587.974 total
includes taxes & fees
25 Mar - 26 Mar
Fosshotel Barón

Exeter Hotel

Exeter Hotel
4.0 star property
Downtown Reykjavik
9.4 out of 10, Exceptional, (1,001 reviews)
"Amazing rooms, alot to do around the area, friendly and knowledgeable staff"
United States
Steffany
The price is Rp2.827.488
Rp3.247.183 total
includes taxes & fees
8 Apr - 9 Apr
Exeter Hotel

Alda Hotel Reykjavik

Alda Hotel Reykjavik
4.0 star property
Downtown Reykjavik
9.4 out of 10, Exceptional, (1,226 reviews)
"Great location, nice rooms"
Canada
Jody
The price is Rp3.466.658
Rp3.957.269 total
includes taxes & fees
15 Apr - 16 Apr
Alda Hotel Reykjavik

Hotel Reykjavík Grand

Hotel Reykjavík Grand
4.0 star property
Laugardalur
9.0 out of 10, Wonderful, (1,004 reviews)
"Nice friendly staff and great food "
United Kingdom
Alison
The price is Rp2.404.725
Rp2.777.642 total
includes taxes & fees
29 Mar - 30 Mar
Hotel Reykjavík Grand

Miðgarður by Center Hotels

Miðgarður by Center Hotels
4.0 star property
Tún
9.4 out of 10, Exceptional, (1,207 reviews)
"Incredible stay"
Canada
Asil
The price is Rp2.605.276
Rp3.000.253 total
includes taxes & fees
19 Apr - 20 Apr
Miðgarður by Center Hotels

Center Hotels Arnarhvoll

Center Hotels Arnarhvoll
4.0 star property
Downtown Reykjavik
9.0 out of 10, Wonderful, (1,037 reviews)
"Nice location friendly helpful staff excellent price lovely views"
United Kingdom
Craig Robert
The price is Rp2.533.341
Rp2.921.288 total
includes taxes & fees
14 Apr - 15 Apr
Center Hotels Arnarhvoll

The Reykjavik EDITION

The Reykjavik EDITION
5.0 star property
Downtown Reykjavik
9.4 out of 10, Exceptional, (605 reviews)
"Location - walking distance to central area Staff - extremely welcoming, helpful and wonderful tot all to Room - modern and clean Spa - much needed after a day in the cold Bar - nice touch with seating around the fireplace"
United Kingdom
Darpankumar
The price is Rp5.859.286
Rp7.560.677 total
includes taxes & fees
10 Apr - 11 Apr
The Reykjavik EDITION

Hotel Reykjavik Centrum

Hotel Reykjavik Centrum
4.0 star property
Downtown Reykjavik
9.4 out of 10, Exceptional, (1,001 reviews)
"Well positioned for Reykjavik, lovely helpful staff, comfortable beds, nice breakfast."
United Kingdom
Catherine
The price is Rp2.736.895
Rp3.147.238 total
includes taxes & fees
12 Apr - 13 Apr
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.

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 Tjornin, 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 Tjornin.
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.