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 27 - Sep 28
Tomorrow
Sep 28 - Sep 29
Next weekend
Oct 2 - Oct 4
In two weeks
Oct 9 - Oct 11

Our top choices for Reykjavik cheap hotels

A modern hotel lobby with a reception desk, wooden stools, and a wall art installation.
A modern living room with a sofa, a coffee table, and a dining area with a table and chairs.
A restaurant with wooden tables and black chairs, a counter with a menu, and a television on the wall.
A wall with various metal sculptures and wooden elements, a grey sofa, and wooden stools.

1. Hotel Fron

Hotel Fron
Downtown Reykjavik
United States
Bozena
NT$4,642
NT$5,360 total
includes taxes & fees
Oct 14 - Oct 15
Hotel Fron
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.
A modern interior with a yellow sofa, white round tables, and pendant lighting.

2. CityHub Reykjavik

CityHub Reykjavik
Downtown Reykjavik
Canada
Oksana
NT$3,051
NT$3,594 total
includes taxes & fees
Oct 28 - Oct 29
CityHub Reykjavik
A multi-story hotel with a modern design, featuring a prominent logo on the facade and a clear entrance.
A reception desk with the name "ROYKJAVIK LIGHTS" and a logo. There are chairs and a table in the background.
A buffet with various food items including watermelon, oranges, and bread.

3. Reykjavik Lights by Keahotels

Reykjavik Lights by Keahotels
Háaleiti
United States
joyce
NT$4,650
NT$5,373 total
includes taxes & fees
Oct 14 - Oct 15
Reykjavik Lights by Keahotels
A modern interior with a green sofa, yellow armchairs, and a round coffee table.
A hotel room with a bed, massage chairs, a TV, and a desk with a lamp.
A modern hotel room with a large bed, two armchairs, a coffee table, and a view of the city.
A modern bar area with a wooden counter, hanging light fixtures, and a large window providing a view of the cityscape.

4. 201 Hotel

201 Hotel
Smárinn
United States
Myrona
NT$3,348
NT$3,924 total
includes taxes & fees
Oct 27 - Oct 28
201 Hotel
A modern hotel room with a large bed, a nightstand, a wall-mounted lamp, and a window with curtains.
A modern bathroom with a marble sink, a toilet, and a glass shower enclosure.
A modern bathroom with a glass shower enclosure, a toilet, a bidet, and a sink.
A modern bedroom with a desk, chair, sofa, and bed.

5. Alva Hotel Brautarholt

Alva Hotel Brautarholt
Holt
United States
Joseph
NT$4,213
NT$4,884 total
includes taxes & fees
Oct 22 - Oct 23
Alva Hotel Brautarholt
A modern living room with a dark sofa, a round coffee table, and several potted plants.
A multi-story building with a yellow facade, white trim, and a central entrance.
A modern hotel room with a skylight, a bed, a bedside table with a lamp, a mirror, a sink, and a framed picture on the wall.
A dining area with wooden tables and chairs, pendant lighting, and artwork on the walls.

6. Old Town Reykjavik

Old Town Reykjavik
Downtown Reykjavik
Canada
Tatiana
NT$3,204
NT$3,764 total
includes taxes & fees
Oct 5 - Oct 6
Old Town Reykjavik
A hotel room with a wooden floor, a bed with a white duvet, a desk with a lamp, a chair, a TV, and a door leading to a bathroom with a shower curtain.
A modern living room with a sofa, a small round table, a TV mounted on the wall, and a window with curtains.
A living room with a flat-screen TV mounted on the wall, a striped chair, a dark sofa, a small round table with a floral tablecloth, and a window with curtains.
A restaurant interior with tables and chairs, a coffee machine, and artwork on the walls.

7. 100 Iceland Hotel

100 Iceland Hotel
Downtown Reykjavik
Canada
Rick
NT$3,591
NT$4,193 total
includes taxes & fees
Oct 14 - Oct 15
100 Iceland Hotel
A row of black and white houses with a stone wall and a grassy hill.
A bedroom with a large bed, two bedside tables with lamps, a painting on the wall, and a view through a door.
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.

8. Fisherman's Village

Fisherman's Village
Garðabær
United States
Paul L
NT$4,055
NT$4,709 total
includes taxes & fees
Oct 20 - Oct 21
Fisherman's Village
A hotel room with a bed, a small table with a bottle of wine, a glass, and a plate of grapes.
A modern bathroom with a marble bench, a round mirror, and a wall-mounted light fixture.
A modern kitchen with a flat-screen TV, a dining area with red chairs, and a large window with a city view.
A modern kitchen with a black countertop, red chairs, a large black TV, and a wine rack.

9. Arctic Comfort Hotel

Arctic Comfort Hotel
Háaleiti
United States
MARIN
NT$2,290
NT$5,210 total
includes taxes & fees
Sep 28 - Sep 29
Arctic Comfort Hotel
A reception area with wooden cabinets, a sign labeled "RECEPTION," and a wooden counter.
A rustic restaurant interior with wooden tables, benches, and a central bar area.

10. Hotel Viking

Hotel Viking
Hafnarfjordur
Germany
Shane
NT$4,583
NT$5,295 total
includes taxes & fees
Sep 30 - Oct 1
Hotel Viking
View all properties

Top Reykjavik Hotel Reviews

Miðgarður by Center Hotels

Miðgarður by Center Hotels

10/10 Excellent
"Great location within a short walk to the downtown shops. Also, there is a great outdoor heated spa/hot tub. The in-house restaurant was also excellent plus you get 15% off meals."
Walter Clyde 4-night trip
Posted 15 hours ago
Miðgarður by Center Hotels
Alva Hotel Brautarholt

Alva Hotel Brautarholt

10/10 Excellent
"Amazingly modern and beautiful hotel! Self check in and checkout were easy, the code system worked really well and the breakfast was absolutely spectacular!! Comfy beds, huge high pressure fantastic showers and an overall great experience! Couldn’t ask for a better hotel!"
Dustin 7-night trip
Posted 20 hours ago
Alva Hotel Brautarholt
Hotel Reykjavík Grand

Hotel Reykjavík Grand

8/10 Good
"Needed an umbrella in the inclement weather but hotel would not supply."
Janet 2-night trip
Posted 2 days ago
Hotel Reykjavík Grand
Center Hotels Plaza

Center Hotels Plaza

10/10 Excellent
"Great location with all the basics and breakfast as well. Everything is in walking distance, including many tours. If you get the before check in, there's ample luggage storage."
Shane 2-night trip
Posted 6 days ago
Center Hotels Plaza

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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