Find Cheap Hotels in Reykjavik

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Check prices for these dates

Tonight
12 Nov - 13 Nov
Tomorrow
13 Nov - 14 Nov
This weekend
13 Nov - 15 Nov
Next weekend
20 Nov - 22 Nov

Our top choices for Reykjavik cheap hotels

A modern living room with a dark sofa, a round coffee table, and several potted plants.

1. Old Town Reykjavik

Old Town Reykjavik
3.0 star property
Downtown Reykjavik
7.4 out of 10, Good, (330 reviews)
"I loved my stay here! The location in the heart of the Old Town is amazing, and you can easily walk to all the beautiful sights. The rooms were spotless and the atmosphere was so warm and cozy."
Canada
Tatiana
The price is SAR 206
SAR 258 total
includes taxes & fees
17 Nov - 18 Nov
Old Town Reykjavik
A restaurant with wooden flooring, a bar area with bottles, and a view of the street.

2. Hotel Von

Hotel Von
3.5 star property
Downtown Reykjavik
9.2 out of 10, Wonderful, (1,000 reviews)
"Lovely stay overall"
Canada
teagan
The price is SAR 507
SAR 597 total
includes taxes & fees
19 Nov - 20 Nov
Hotel Von
Bar (on property)

3. KEX Hotel and Hostel Reykjavik

KEX Hotel and Hostel Reykjavik
2.0 star property
Downtown Reykjavik
8.6 out of 10, Excellent, (1,002 reviews)
"Friendly staff a wonderful location."
United States
Alex
The price is SAR 370
SAR 435 total
includes taxes & fees
7 Dec - 8 Dec
KEX Hotel and Hostel Reykjavik
A modern bedroom with a black bed, a wooden floor, a fur rug, a bedside table with a vase, and a hanging light fixture.

4. Bus Hostel Reykjavik

Bus Hostel Reykjavik
3.0 star property
Hlíðar
8.2 out of 10, Very good, (355 reviews)
"Accessible to the city"
United States
Deborah
The price is SAR 292
SAR 357 total
includes taxes & fees
12 Dec - 13 Dec
Bus Hostel Reykjavik
A building with multiple windows and a tower with a spire.

5. Hostel B47

Hostel B47
2.0 star property
Downtown Reykjavik
8.4 out of 10, Very good, (323 reviews)
"Great place for hostel."
United States
Thomas
The price is SAR 274
SAR 329 total
includes taxes & fees
29 Nov - 30 Nov
Hostel B47
A two-story house with a snow-covered roof and a white picket fence.

6. Refurinn Reykjavik Guesthouse - Hostel

Refurinn Reykjavik Guesthouse - Hostel
2.0 star property
Vesturbær
9.0 out of 10, Wonderful, (44 reviews)
"It's very clean and the kitchen is well equipped! They offer some food which is very nice. You need to go around to find parking lot."
United States
Justina
The price is SAR 315
SAR 374 total
includes taxes & fees
22 Nov - 23 Nov
Refurinn Reykjavik Guesthouse - Hostel
A building with multiple windows and a flat roof, under a night sky with green aurora lights.

7. Hostel Fjordur

Hostel Fjordur
1.0 star property
Hafnarfjörður
8.6 out of 10, Excellent, (17 reviews)
"Wonderful stay ! Love the layout on different floors, availability of amenities, comfortable rooms and location"
United States
Kanchan
The price is SAR 279
SAR 334 total
includes taxes & fees
9 Dec - 10 Dec
Hostel Fjordur
A modern hotel room with a large bed, two bedside tables, and a unique wall design with triangular light fixtures.

8. Start Hostel

Start Hostel
2.0 star property
Reykjanesbær
9.4 out of 10, Exceptional, (538 reviews)
"Stayed with family of five. Great location, awesome breakfast, super helpful staff. Would stay here again."
Canada
Jessica
The price is SAR 450
SAR 528 total
includes taxes & fees
19 Nov - 20 Nov
Start Hostel
A modern kitchen with white cabinetry, a dishwasher, and a window providing natural light.

9. ASTIN ER SVARID HOSTEL

ASTIN ER SVARID HOSTEL
1.0 star property
Keflavík
7.2 out of 10, Good, (5 reviews)
"Room was clean, close to airport"
Canada
Darren
The price is SAR 518
SAR 599 total
includes taxes & fees
26 Nov - 27 Nov
ASTIN ER SVARID HOSTEL
A modern hotel room with a bed, bedside tables, a desk with chairs, a potted plant, and a door.

10. Iceland Comfort Apartments Studio for 5

Iceland Comfort Apartments Studio for 5
Digranes
6.0 out of 10, (1 review)
"Not a bad place but not a great place.It was spacious, clean and with comfortable beds. Room has a huge wall of windows that have terrible curtains that are not wide enough to cover all the width of the room and therefore you will not be able to cover all the windows and get 100% of privacy.Plus the room is facing a street and other buildings across the street so you will be seen! That was my really the only complain."
United States
Lukas K.
Iceland Comfort Apartments Studio for 5
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.
View all properties

Top Reykjavik Hotel Reviews

A modern hotel room with a large bed, two bedside tables, and a unique wall design with triangular light fixtures.
Start Hostel

Start Hostel

Start Hostel
Reykjanesbær

10/10 Excellent

Great stay. Breakfast was awesome. Everything is fresh. Didn't have sheets, but I hear this is common in Iceland. I kept in touch with the staff and they respond very quickly to any questions I may have had. We arrived very late due to a delayed flight and there was someone waiting on us. Highly recommend
United States
David
Reviewed September 7, 2016
Start Hostel

Frequently Asked Questions

What is Reykjavik like for travelers on a budget?

Reykjavik offers cheap accommodation options and a variety of places to visit, making it a great choice for a budget-friendly getaway. In addition to its well-known attractions like Reykjavik Harbour, this destination is home to Reykjavik Pond and Oskjuhlid Hill, which you can enjoy while spending very little.

What's the best budget-friendly accommodation in Reykjavik?

Based on reviews, Old Town Reykjavik is a popular hotel for our travelers in search of a less expensive place to stay and offers free WiFi. Other options for your budget-friendly stay include KEX Hotel and Hostel Reykjavik and Hotel Von.

How many inexpensive hotels will I find in Reykjavik?

Expedia has 13 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, and keep 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 temp of 50°F, while the coldest months are December and January with an average of 32°F. Average annual precipitation for Reykjavik is 50 inches.

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 closest airport is 1.2 mi (2 km) away from the center in Reykjavik Domestic Airport (RKV). However, if that doesn't suit your budget, you can book a flight to Reykjavik–Keflavik Intl. Airport (KEF), located 23.2 mi (37.3 km) away. Reykjavik might not have very many public transportation choices so a car rental could be a reasonable alternative to see more of the area.