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 2 - Sep 3
Tomorrow
Sep 3 - Sep 4
This weekend
Sep 4 - Sep 6
Next weekend
Sep 11 - Sep 13

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 interior with a yellow sofa, white round tables, and pendant lighting.

1. CityHub Reykjavik

CityHub Reykjavik
Downtown Reykjavik
United States
Dan Donna
NT$4,832
NT$5,570 total
includes taxes & fees
Sep 16 - Sep 17
CityHub Reykjavik
A rustic restaurant interior with wooden tables, benches, and a central bar area.

2. Hotel Viking

Hotel Viking
Hafnarfjordur
United States
Nimantha
NT$4,918
NT$5,668 total
includes taxes & fees
Sep 30 - Oct 1
Hotel Viking
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 wall with various metal sculptures and wooden elements, a grey sofa, and wooden stools.
A modern bedroom with a bed, a sofa, a chair, and a small table.

3. Hotel Fron

Hotel Fron
Downtown Reykjavik
United States
Kalpesh
NT$5,305
NT$6,098 total
includes taxes & fees
Oct 1 - Oct 2
Hotel Fron
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.

4. Hotel Cabin

Hotel Cabin
Laugardalur
Canada
Eric
NT$3,638
NT$4,248 total
includes taxes & fees
Sep 15 - Sep 16
Hotel Cabin
A modern hotel building with large windows, a welcoming entrance, and a clear view of the sky.
A hotel room with a bed, a desk, a chair, a TV, and a window with a view of a building and a car.
A hallway with a wooden door, white walls, and a carpeted floor.
A modern hotel interior with a staircase, a glass elevator, and wooden doors.

5. ASKA Heiðmörk

ASKA Heiðmörk
Kópavogur
United States
Adrianne
NT$3,069
NT$4,352 total
includes taxes & fees
Sep 9 - Sep 10
ASKA Heiðmörk
A modern interior with a green sofa, yellow armchairs, and a round coffee table.
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.
A modern lounge area with yellow armchairs, a round table, and a potted plant.

6. 201 Hotel

201 Hotel
Kópavogur
United States
PARAG J
NT$4,727
NT$5,457 total
includes taxes & fees
Sep 13 - Sep 14
201 Hotel
A modern black building with a single door and a small window, surrounded by natural vegetation.
A modern hotel room with a dining area, a kitchen, and a large window.
A small, wooden cabin with two beds, a small table, and a window.
A modern kitchen with a black countertop, stainless steel appliances, and pendant lighting.

7. iStay Cottages

iStay Cottages
Suðurnesjabær
United States
Hanna
NT$2,878
NT$3,405 total
includes taxes & fees
Sep 30 - Oct 1
iStay Cottages
A modern living room with a dark sofa, a round coffee table, and several potted plants.
A modern office space with a sofa, chairs, a table, and a large window.
A dining area with wooden tables and chairs, pendant lighting, and artwork on the walls.
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.

8. Old Town Reykjavik

Old Town Reykjavik
Downtown Reykjavik
United States
FM
NT$4,401
NT$5,095 total
includes taxes & fees
Sep 8 - Sep 9
Old Town Reykjavik
A modern spa area with a heated stone bath, seating, and a reception desk.
A modern interior with a green wall, wooden tables, and chairs, and a large mirror.
A modern hotel room with a large bed, two chairs, a small table, and a view of the city through large windows.
A modern lobby with a seating area, a bar, and a large window offering a view of the outside.

9. Hotel Ísland - Spa & Wellness Hotel

Hotel Ísland - Spa & Wellness Hotel
Háaleiti
United States
Joshua
NT$6,822
NT$7,781 total
includes taxes & fees
Sep 7 - Sep 8
Hotel Ísland - Spa & Wellness Hotel
A modern, compact room with a desk, chair, and a hanging plant.
A hotel room with a bed, a desk, a chair, a television, and large windows with a city view.

10. Alva Hotel Brautarholt

Alva Hotel Brautarholt
Holt
United States
Anna
NT$4,662
NT$5,385 total
includes taxes & fees
Sep 7 - Sep 8
Alva Hotel Brautarholt
View all properties

Top Reykjavik Hotel Reviews

Alda Hotel Reykjavik

Alda Hotel Reykjavik

10/10 Excellent
"Perfect location, modern and clean, friendly staff. This is the place to stay!!"
Joanne 1-night trip
Posted 13 hours ago
Alda Hotel Reykjavik
Fosshotel Lind

Fosshotel Lind

10/10 Excellent
"We arrived by 11am in the morning and the staff let us check in at 12:30 with out extra charge. Although Check in starts at 3pm. The staff is very friendly and welcoming."
ZEEREK 4-night trip
Posted 1 day ago
Fosshotel Lind
Center Hotels Plaza

Center Hotels Plaza

8/10 Good
"Good location, Room was clean. Staff seemed nice."
Richard 1-night trip
Posted 1 day ago
Center Hotels Plaza
Reykjavik Residence Apartment Hotel

Reykjavik Residence Apartment Hotel

10/10 Excellent
"Centrally situated Easy access Clean Quiet"
ALEX 3-night trip
Posted 1 day ago
Reykjavik Residence Apartment Hotel
Fosshotel Reykjavik

Fosshotel Reykjavik

10/10 Excellent
"Breakfast should be cheaper for and Coffee should be available free in the lobby for guests who stay 2 or more nights or at least one complimentary breakfast! More coffee creamers and sugars in room. Honey as well. Overall spectacular room and facility!"
Michael 7-night trip
Posted 2 days ago
Fosshotel Reykjavik
Alva Hotel Brautarholt

Alva Hotel Brautarholt

10/10 Excellent
"Très propre et chambre très grande !!"
Yves 1-night trip
Posted 2 days ago
Alva Hotel Brautarholt
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 3 days ago
Center Hotels Arnarhvoll
Miðgarður by Center Hotels

Miðgarður by Center Hotels

8/10 Good
"Love hotel and spa, however not huge fan of the frosted glass bathroom doors that don’t close all the way."
Anna 3-night trip
Posted 4 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 Hotel Von and KEX Hotel and Hostel Reykjavik.
How many inexpensive hotels will I find in Reykjavik?
Expedia has 14 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, Nautholsvik Geothermal Beach, or Oskjuhlid Hill.
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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