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
Sep 5 - Sep 6
Tomorrow
Sep 6 - Sep 7
Next weekend
Sep 11 - Sep 13
In two weeks
Sep 18 - Sep 20

Our top choices for Reykjavik cheap hotels

A hot tub with two people in it, surrounded by wooden decking and plants.
A staircase with a wall-mounted sign reading "HOT TUB" and a green abstract drawing.
A modern building with a 'City Hub' sign, large windows, and a neon geometric design.

1. CityHub Reykjavik

CityHub Reykjavik
Downtown Reykjavik
United States
Dan Donna
NT$4,338
NT$5,025 total
includes taxes & fees
Sep 7 - Sep 8
CityHub Reykjavik
A modern hotel room with a large bed, a desk, a TV, and a view of the cityscape through large windows.
A modern reception area with a teal wall, a large painting, and a variety of seating options including a pink chair and a wooden table.
A room with a green sofa, a dark door, and a light wooden floor.
A modern building with a glass balcony overlooking a cityscape.

2. City Center Hotel

City Center Hotel
Downtown Reykjavik
United States
Ara
NT$6,325
NT$7,231 total
includes taxes & fees
Oct 6 - Oct 7
City Center Hotel
A modern hotel building with large windows, a welcoming entrance, and a clear view of the sky.
A modern hotel interior with a staircase, a glass elevator, and wooden doors.
A hallway with a wooden door, white walls, and a carpeted floor.
A conference room with white tables, red chairs, a flat-screen TV, and a large window with sheer curtains.

3. ASKA Heiðmörk

ASKA Heiðmörk
Vatnsendi
United States
Bermet
NT$3,065
NT$4,347 total
includes taxes & fees
Sep 9 - Sep 10
ASKA Heiðmörk
A reception area with wooden cabinets, a sign labeled "RECEPTION," and a wooden counter.

4. Hotel Viking

Hotel Viking
Hafnarfjordur
United States
Nimantha
NT$4,925
NT$5,677 total
includes taxes & fees
Sep 13 - Sep 14
Hotel Viking
A hotel room with a large window, a bed, a desk, and a radiator.
A modern reception area with a wooden counter, a digital kiosk, and a variety of bottled beverages.
A modern cafe with a counter, seating area, and a clock on the wall.
A multi-story hotel with a modern design, featuring a prominent 'Hotel Cabin' sign, a parking area, and a street view with surrounding buildings.

5. Hotel Cabin

Hotel Cabin
Laugardalur
Canada
Eric
NT$3,950
NT$4,593 total
includes taxes & fees
Sep 15 - Sep 16
Hotel Cabin
A row of black and white houses with a stone wall and a grassy hill.
A wooden staircase with a chair and a table in a room with wooden floors and a high ceiling.
A hot tub with a clear view of the surrounding landscape, including a structure with a mesh roof and a rocky area with vegetation.
A room with a large window offering a view of a grassy field and distant mountains.

6. Fisherman's Village

Fisherman's Village
Garðabær
United States
Michael
NT$4,508
NT$5,213 total
includes taxes & fees
Sep 30 - Oct 1
Fisherman's Village
A modern hotel room with a bed, breakfast table, and a TV.
A modern hotel room with a bed, a dining table with chairs, a TV, and a large window with curtains.
A modern kitchen with a dining area, featuring a round table, chairs, and a hanging light fixture.
A modern kitchen with dark wood cabinets, a built-in microwave, and a dining area with a table and chairs.

7. Strand Hotel Apartments

Strand Hotel Apartments
Hafnarfjörður
Canada
Shawn
NT$2,935
NT$5,673 total
includes taxes & fees
Oct 5 - Oct 6
Strand Hotel Apartments
A modern black building with a single door and a small window, surrounded by natural vegetation.
A modern interior with a wooden floor, a black hanging chair, a black sofa, and a view through a glass door to an outdoor area.
A modern hotel room with a dining area, a kitchen, and a large window.
A modern kitchen with a black countertop, stainless steel appliances, and pendant lighting.

8. iStay Cottages

iStay Cottages
Suðurnesjabær
United States
Hanna
NT$2,890
NT$3,418 total
includes taxes & fees
Sep 30 - Oct 1
iStay Cottages
A multi-story hotel with a modern design, featuring a prominent logo on the facade and a clear entrance.
A buffet with various food items including watermelon, oranges, and bread.
A room with two white chairs, a small round table, and a lamp. A book is on the table. The room has a window with a view of a snowy landscape and buildings.

9. Reykjavik Lights by Keahotels

Reykjavik Lights by Keahotels
Háaleiti
United States
Patricia
NT$6,156
NT$7,042 total
includes taxes & fees
Sep 28 - Sep 29
Reykjavik Lights by Keahotels
A modern hotel room with two beds, a flat-screen TV, a desk, and a large window with curtains.
A modern kitchen with a large island, stainless steel appliances, and wooden cabinets.
A modern, dark-colored walk-in closet with a built-in bench, a control panel, and a shelf with glassware.
A spacious living room with a leather sofa, a glass coffee table, and a flat-screen TV on a stand. There are large windows providing natural light and a view of the outdoors.

10. Midtown Reykjavik by Heimaleiga

Midtown Reykjavik by Heimaleiga
Downtown Reykjavik
Canada
Lori
NT$5,850
NT$6,704 total
includes taxes & fees
Sep 16 - Sep 17
Midtown Reykjavik by Heimaleiga
View all properties

Top Reykjavik Hotel Reviews

Hotel Reykjavík Grand

Hotel Reykjavík Grand

10/10 Excellent
"Good location, nice property, friendly staff"
Matthew 2-night trip
Posted less than an hour ago
Hotel Reykjavík Grand
Center Hotels Arnarhvoll

Center Hotels Arnarhvoll

10/10 Excellent
"great breakfast restaurant with a fabulous view. staff were excellnt. room was great. locations by bus stop 5 perfect."
Donald 2-night trip
Posted less than an hour ago
Center Hotels Arnarhvoll
Fosshotel Lind

Fosshotel Lind

10/10 Excellent
"Staff was great, hotel was within walking distance to all downtown restaurants and attractions."
robert m 8-night trip
Posted 2 hours ago
Fosshotel Lind
Fosshotel Reykjavik

Fosshotel Reykjavik

8/10 Good
"I did not like having to pay “city tax” in addition to what we paid Expedia. The staff was not friendly. This may be due to how busy they were with multiple travel groups."
Dana 2-night trip
Posted 5 hours ago
Fosshotel Reykjavik
Reykjavik Residence Apartment Hotel

Reykjavik Residence Apartment Hotel

10/10 Excellent
"Look location and very clean . We enjoyed the staying with them."
Ji Yon 1-night trip
Posted 2 days ago
Reykjavik Residence Apartment Hotel
Alda Hotel Reykjavik

Alda Hotel Reykjavik

8/10 Good
"Très bien situé. Dejeuner copieux et varié. Chambre confortable"
Benoit 1-night trip
Posted 2 days ago
Alda Hotel Reykjavik
Miðgarður by Center Hotels

Miðgarður by Center Hotels

10/10 Excellent
"Great breakfast and helpful staff"
Thomas 5-night trip
Posted 2 days ago
Miðgarður by Center Hotels

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.

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