A coastal town with colorful buildings, a large body of water, and snow-capped mountains in the background.

Find Cheap Hotels in Reykjavik

  • Change your mind

    Book hotels with free cancellation

  • Treat yourself

    Sign in to save 10% or more on thousands of hotels
    Sign in

  • Be picky

    Search almost a million properties worldwide

Check availability on Reykjavik Cheap Hotels

Tonight
Sep 20 - Sep 21
Tomorrow
Sep 21 - Sep 22
Next weekend
Sep 25 - Sep 27
In two weeks
Oct 2 - Oct 4

Our top choices for Reykjavik cheap hotels

Front of property - evening/night
Reception
Free daily continental breakfast
Standard Triple Room | View from room

1. Reykjavik Lights by Keahotels

Reykjavik Lights by Keahotels
Háaleiti
United States
joyce
NT$4,649
NT$5,370 total
includes taxes & fees
Oct 19 - Oct 20
Reykjavik Lights by Keahotels
Superior Triple Room | Bathroom | Shower, hair dryer, towels
Superior Family Room | Desk, WiFi (free), bed sheets
Shower, hair dryer, towels
Superior Double Room | Bathroom | Shower, hair dryer, towels

2. Alva Hotel Brautarholt

Alva Hotel Brautarholt
Holt
United States
Anna
NT$4,072
NT$4,728 total
includes taxes & fees
Oct 12 - Oct 13
Alva Hotel Brautarholt
Outdoor spa tub
Outdoor spa tub
Exterior
Lobby sitting area

3. CityHub Reykjavik

CityHub Reykjavik
Downtown Reykjavik
United States
Zahra
NT$2,775
NT$3,289 total
includes taxes & fees
Oct 21 - Oct 22
CityHub Reykjavik
Standard Double Room, Balcony (or view) | Premium bedding, down comforters, pillowtop beds, desk
Front of property
Superior Double Room, Balcony | Premium bedding, down comforters, pillowtop beds, desk
Terrace/patio

4. City Center Hotel

City Center Hotel
Downtown Reykjavik
United States
Jianning
NT$5,817
NT$6,737 total
includes taxes & fees
Oct 21 - Oct 22
City Center Hotel
Hallway
Comfort Apartment | Living area | Smart TV
Hypo-allergenic bedding available, WiFi (free)
Hypo-allergenic bedding available, WiFi (free)

5. Aska Hraun

Aska Hraun
Hafnarfjörður
Canada
Hassan
NT$2,933
NT$4,926 total
includes taxes & fees
Sep 23 - Sep 24
Aska Hraun
Family Room with Private Hot Tub and Sauna - Self Check-in | 1 bedroom, in-room safe, desk, cribs (free)
Family Room with Private Hot Tub and Sauna - Self Check-in | 1 bedroom, in-room safe, desk, cribs (free)
Superior Double Room with Hot Tub and Sauna Access - Self Check-in | View from room
Superior Room With Sea View - Self Check in | 1 bedroom, in-room safe, desk, cribs (free)

6. Fisherman's Village

Fisherman's Village
Garðabær
United States
Paul L
NT$4,098
NT$4,758 total
includes taxes & fees
Oct 20 - Oct 21
Fisherman's Village
Lobby
Deluxe Studio | Minibar, in-room safe, blackout drapes, iron/ironing board (on request)
Minibar, in-room safe, blackout drapes, iron/ironing board (on request)
Apartment, 1 Bedroom | Living area | 32-cm TV with digital channels

7. Hotel Fron

Hotel Fron
Downtown Reykjavik
United States
Michelle
NT$5,284
NT$6,074 total
includes taxes & fees
Oct 2 - Oct 3
Hotel Fron
Twin Room, Private Bathroom (Twin) | Shared bathroom
Blackout drapes, soundproofing, WiFi (free), bed sheets
Dining
Blackout drapes, soundproofing, WiFi (free), bed sheets

8. iStay Cottages

iStay Cottages
Suðurnesjabær
United States
Hanna
NT$2,860
NT$3,383 total
includes taxes & fees
Sep 25 - Sep 26
iStay Cottages
Comfort Studio | WiFi (free)
Comfort Studio | Private kitchen | Mini-fridge, microwave, stovetop, dishwasher
Family Studio | WiFi (free)
Comfort Studio | Private kitchen | Mini-fridge, microwave, stovetop, dishwasher

9. Strand Hotel Apartments

Strand Hotel Apartments
Hafnarfjörður
Canada
Shawn
NT$2,860
NT$5,576 total
includes taxes & fees
Sep 30 - Oct 1
Strand Hotel Apartments
Lobby sitting area
Lobby lounge
Family Suite Small | In-room safe, desk, blackout drapes, WiFi (free)
Lobby

10. 201 Hotel

201 Hotel
Smárinn
United States
Myrona
NT$4,363
NT$5,051 total
includes taxes & fees
Oct 20 - Oct 21
201 Hotel
View all properties

Top Reykjavik Hotel Reviews

Alda Hotel Reykjavik

Alda Hotel Reykjavik

10/10 Excellent
"Enjoyed the breakfast buffet. Hotel & room was clean. Staff friendly. Central location. It would have been nice to have something in the shower to put personal hygiene items like razor, face wash on. Had to place them on the floor."
Angela 1-night trip
Posted less than an hour ago
Alda Hotel Reykjavik
Hotel Reykjavík Grand

Hotel Reykjavík Grand

10/10 Excellent
"Thank you for a wonderful stay the cleanliness of the hotel and room were outstanding. Restaurant was great. Highly recommend."
Michelle 2-night trip
Posted less than an hour ago
Hotel Reykjavík Grand
Reykjavik Residence Apartment Hotel

Reykjavik Residence Apartment Hotel

10/10 Excellent
"Great staff and the accommodations were better than anticipated."
George 1-night trip
Posted 8 hours ago
Reykjavik Residence Apartment Hotel
Miðgarður by Center Hotels

Miðgarður by Center Hotels

8/10 Good
"The free hotel parking spots are limited. Breakfast selection is ok not changing much from day to day. Double check the room door is really locked when leaving the room, as many times the door looks locked, it was not."
Lingjia 3-night trip
Posted 15 hours ago
Miðgarður by Center Hotels
Fosshotel Lind

Fosshotel Lind

10/10 Excellent
"Clean,parking and staff"
Mireille 2-night trip
Posted 19 hours ago
Fosshotel Lind
Guesthouse Sunna

Guesthouse Sunna

8/10 Good
"This guesthouse was perfectly located for walking in the downtown area. It was a clean room with two comfortable beds. There was also a shared kitchen available with a small refrigerator. Other than that it was lacking in amenities. The property description did not clearly advise that guests must share a bathroom with those in three other rooms in the same hallway. Also the water was sulfur water and smelled like eggs. There was no blow dryer or any body wash or shampoo."
Donna 1-night trip
Posted 1 day ago
Guesthouse Sunna
Alva Hotel Brautarholt

Alva Hotel Brautarholt

10/10 Excellent
"Very clean hotel, Offers breakfast, but I did not use. Communications due to it being self check-in were very detailed and clear. Close to city points of interest. Quiet room with everything you need in a hotel room."
Donna 1-night trip
Posted 5 days ago
Alva Hotel Brautarholt

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.

Explore a world of travel with Expedia