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 12 - Sep 13
Tomorrow
Sep 13 - Sep 14
Next weekend
Sep 18 - Sep 20
In two weeks
Sep 25 - Sep 27

Our top choices for Reykjavik cheap hotels

Outdoor spa tub
Lobby sitting area
Lobby sitting area
Outdoor spa tub

1. CityHub Reykjavik

CityHub Reykjavik
Downtown Reykjavik
United States
Zahra
NT$3,800
NT$4,426 total
includes taxes & fees
Oct 12 - Oct 13
CityHub Reykjavik
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
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)

2. Fisherman's Village

Fisherman's Village
Garðabær
United States
Michael
NT$4,384
NT$5,075 total
includes taxes & fees
Oct 13 - Oct 14
Fisherman's Village
Twin Room, Private Bathroom (Twin) | Shared bathroom
Blackout drapes, soundproofing, WiFi (free), bed sheets
Dining
Dining

3. iStay Cottages

iStay Cottages
Suðurnesjabær
United States
Hanna
NT$2,867
NT$3,390 total
includes taxes & fees
Oct 7 - Oct 8
iStay Cottages
Front of property
Lobby
2 restaurants; lunch and dinner served
Front of property

4. Hotel Viking

Hotel Viking
Hafnarfjordur
United States
William
NT$4,910
NT$5,658 total
includes taxes & fees
Sep 16 - Sep 17
Hotel Viking
Lobby
Apartment, 1 Bedroom | Living area | 32-cm TV with digital channels
Minibar, in-room safe, blackout drapes, iron/ironing board (on request)
Lobby

5. Hotel Fron

Hotel Fron
Downtown Reykjavik
United States
Kalpesh
NT$5,307
NT$6,099 total
includes taxes & fees
Oct 7 - Oct 8
Hotel Fron
Hallway
Front of property
Comfort Apartment | Living area | Smart TV
Hypo-allergenic bedding available, WiFi (free)

6. Aska Hraun

Aska Hraun
Hafnarfjörður
United States
Song
NT$2,856
NT$4,844 total
includes taxes & fees
Sep 14 - Sep 15
Aska Hraun
Standard Triple Room (with Free Parking) | 1 bedroom, desk, laptop workspace, blackout drapes
Standard Single Room (with Free Parking) | 1 bedroom, desk, laptop workspace, blackout drapes
Hair dryer, towels
Dining

7. Hótel Ísland Comfort

Hótel Ísland Comfort
Smárinn
United States
Meena
NT$3,787
NT$4,411 total
includes taxes & fees
Oct 8 - Oct 9
Hótel Ísland Comfort
Restaurant
55-inch flat-screen TV with digital channels, TV, heated floors
55-inch flat-screen TV with digital channels, TV, heated floors
Reception

8. Lighthouse Inn

Lighthouse Inn
Suðurnesjabær
United States
Hailey
NT$4,776
NT$5,510 total
includes taxes & fees
Oct 5 - Oct 6
Lighthouse Inn
Comfort Studio | WiFi (free)
Comfort Studio | Private kitchen | Mini-fridge, microwave, stovetop, dishwasher
Family Studio | WiFi (free)
Family Studio | WiFi (free)

9. Strand Hotel Apartments

Strand Hotel Apartments
Hafnarfjörður
Canada
Shawn
NT$2,867
NT$5,588 total
includes taxes & fees
Sep 14 - Sep 15
Strand Hotel Apartments
Standard Triple Room, 3 Twin Beds, Balcony, Sea View | Balcony view
Breakfast area
Front of property
Desk, soundproofing, WiFi (free), bed sheets

10. 101 Guesthouse Hotel

101 Guesthouse Hotel
Tún
United States
Jedidiah
NT$3,094
NT$3,642 total
includes taxes & fees
Oct 11 - Oct 12
101 Guesthouse Hotel
View all properties

Top Reykjavik Hotel Reviews

Reykjavik Residence Apartment Hotel

Reykjavik Residence Apartment Hotel

10/10 Excellent
"The room was very clean and modern. The reception staff was very friendly and helpful. The laundry facilities were very useful but the dryers were exceedingly inefficient. I had a small load and after two hours and four trips to check, the load was still damp and I had to hang dry in our room"
Derek 4-night trip
Posted 4 hours ago
Reykjavik Residence Apartment Hotel
Hotel Reykjavík Grand

Hotel Reykjavík Grand

8/10 Good
"We liked the lobby area. Breakfast was good. The shower had an odd small glass partition that didn't stop the water spraying towards the toilet which was too close. Floor was always so wet after a shower. Beds could have had firmer mattresses for us."
Theresa 4-night trip
Posted 12 hours ago
Hotel Reykjavík Grand
Alda Hotel Reykjavik

Alda Hotel Reykjavik

8/10 Good
"Loved everything about it - location, restaurant, clean etc but didn’t give it 5 stars because the bathroom sink was too small to wash your face without getting water all over the floor. The faucet extended right into the middle of the sink, maybe a bit past even."
Amy 1-night trip
Posted 23 hours ago
Alda Hotel Reykjavik
Center Hotels Arnarhvoll

Center Hotels Arnarhvoll

10/10 Excellent
"I loved the rooftop area! It provided an excellent view of the bay and was a great place for breakfast to be served and to enjoy cocktails during happy hour after a day of sightseeing. The breakfast buffet was excellent with a wide variety of foods available to appease everyone."
Dawn 2-night trip
Posted 1 day ago
Center Hotels Arnarhvoll
Alva Hotel Brautarholt

Alva Hotel Brautarholt

10/10 Excellent
"Spacious and comfortable. Loved the comforter! The only thing is that the sign is hard to see in the dark and rain."
James 1-night trip
Posted 1 day ago
Alva Hotel Brautarholt
Fosshotel Barón

Fosshotel Barón

8/10 Good
"Central location. Staff was helpful and friendly."
Linda 3-night trip
Posted 1 day ago
Fosshotel Barón
Fosshotel Lind

Fosshotel Lind

10/10 Excellent
"I got what I wanted from this hotel --- a good location, helpful staff, a yummy breakfast, a basic but clean room, etc. No issues at all and I would not hesitate to stay here again"
Andrew J. 1-night trip
Posted 4 days ago
Fosshotel Lind

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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