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 4 - Sep 5
Tomorrow
Sep 5 - Sep 6
This weekend
Sep 4 - Sep 6
Next weekend
Sep 11 - Sep 13

Our top choices for Reykjavik cheap hotels

Outdoor spa tub
Lobby sitting area
Outdoor spa tub
Exterior

1. CityHub Reykjavik

CityHub Reykjavik
Downtown Reykjavik
United States
Dan Donna
NT$4,360
NT$5,051 total
includes taxes & fees
Sep 7 - Sep 8
CityHub Reykjavik
Standard Double Room, Balcony (or view) | Premium bedding, down comforters, pillowtop beds, desk
Superior Double Room, Balcony | Premium bedding, down comforters, pillowtop beds, desk
Bar (on property)
Front of property

2. City Center Hotel

City Center Hotel
Downtown Reykjavik
United States
Ara
NT$6,537
NT$7,467 total
includes taxes & fees
Oct 4 - Oct 5
City Center Hotel
Front of property
Double Room | Premium bedding, desk, blackout drapes, soundproofing
Interior entrance
Hallway

3. ASKA Heiðmörk

ASKA Heiðmörk
Vatnsendi
United States
Bermet
NT$3,068
NT$4,351 total
includes taxes & fees
Sep 9 - Sep 10
ASKA Heiðmörk
Front of property
Front of property
Lobby
Junior Studio Suite | Premium bedding, blackout drapes, iron/ironing board (on request)

4. Hotel Viking

Hotel Viking
Hafnarfjordur
United States
Nimantha
NT$4,950
NT$5,705 total
includes taxes & fees
Sep 13 - Sep 14
Hotel Viking
Superior Double or Twin Room, Mountain View | View from room
Front of property
2 bars/lounges
Standard Single Room | Reception

5. Hotel Cabin

Hotel Cabin
Laugardalur
Canada
Eric
NT$3,954
NT$4,598 total
includes taxes & fees
Sep 14 - Sep 15
Hotel Cabin
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 Room With Sea View - 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)

6. Fisherman's Village

Fisherman's Village
Garðabær
United States
Michael
NT$4,471
NT$5,173 total
includes taxes & fees
Sep 29 - Sep 30
Fisherman's Village
Comfort Studio | WiFi (free)
Family Studio | WiFi (free)
Comfort Studio | Private kitchen | Mini-fridge, microwave, stovetop, dishwasher
Family Studio | WiFi (free)

7. Strand Hotel Apartments

Strand Hotel Apartments
Hafnarfjörður
Canada
Shawn
NT$2,938
NT$5,678 total
includes taxes & fees
Sep 14 - Sep 15
Strand Hotel Apartments
Twin Room, Private Bathroom (Twin) | Shared bathroom
Dining
Dining
Blackout drapes, soundproofing, WiFi (free), bed sheets

8. iStay Cottages

iStay Cottages
Suðurnesjabær
United States
Hanna
NT$2,878
NT$3,404 total
includes taxes & fees
Sep 30 - Oct 1
iStay Cottages
Front of property - evening/night
Bar (on property)
Standard Triple Room | View from room
Free daily continental breakfast

9. Reykjavik Lights by Keahotels

Reykjavik Lights by Keahotels
Háaleiti
United States
Patricia
NT$5,847
NT$6,700 total
includes taxes & fees
Sep 28 - Sep 29
Reykjavik Lights by Keahotels
Standard Double or Twin Room | Hypo-allergenic bedding available, blackout drapes
Standard Double or Twin Room | Wardrobe
King Suite with Balcony and Mountain View | Living area | Flat-screen TV
King Suite with Balcony and Mountain View | Hypo-allergenic bedding available, blackout drapes

10. Midtown Reykjavik by Heimaleiga

Midtown Reykjavik by Heimaleiga
Downtown Reykjavik
Canada
Lori
NT$5,885
NT$6,742 total
includes taxes & fees
Sep 9 - Sep 10
Midtown Reykjavik by Heimaleiga
View all properties

Top Reykjavik Hotel Reviews

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 10 hours ago
Reykjavik Residence Apartment Hotel
Center Hotels Plaza

Center Hotels Plaza

8/10 Good
"Location is great and very convenient for going places, airport and the shuttle to the excursions. Staff at reception could be friendlier. The staff that checked us in was great and after that everyone else doesn't smile."
edwin 6-night trip
Posted 10 hours ago
Center Hotels Plaza
Fosshotel Reykjavik

Fosshotel Reykjavik

10/10 Excellent
"Professional and friendly staff. Delicious breakfast with a wide variety for all types of diets. Thank you, we had a wonderful stay :))"
Fraser 5-night trip
Posted 12 hours ago
Fosshotel Reykjavik
Hotel Reykjavík Grand

Hotel Reykjavík Grand

10/10 Excellent
"The staff was great! Everyone from the front desk to the bar and the restaurant were fantastic! We had a great stay! Would definitely recommend!"
TERESA 2-night trip
Posted 13 hours ago
Hotel Reykjavík Grand
Alda Hotel Reykjavik

Alda Hotel Reykjavik

8/10 Good
"Très bien situé. Dejeuner copieux et varié. Chambre confortable"
Benoit 1-night trip
Posted 16 hours ago
Alda Hotel Reykjavik
Fosshotel Lind

Fosshotel Lind

10/10 Excellent
"Everything was clean and comfortable. The staff was pleasant and polite. It is well located near the main street. We walked to what we wanted to see."
Nicole 1-night trip
Posted 16 hours ago
Fosshotel Lind
Miðgarður by Center Hotels

Miðgarður by Center Hotels

10/10 Excellent
"Great breakfast and helpful staff"
Thomas 5-night trip
Posted 1 day ago
Miðgarður by Center Hotels
Center Hotels Arnarhvoll

Center Hotels Arnarhvoll

10/10 Excellent
"The hotel staff were welcoming and really went above and beyond to support us. The spa area was a mega plus - highly recommend!"
Sarah 4-night trip
Posted 5 days ago
Center Hotels Arnarhvoll

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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