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 14 - Sep 15
Tomorrow
Sep 15 - Sep 16
This weekend
Sep 18 - Sep 20
Next weekend
Sep 25 - Sep 27

Our top choices for Reykjavik cheap hotels

A hot tub with two people in it, surrounded by wooden decking and plants.
A modern interior with a yellow sofa, white round tables, and pendant lighting.
A staircase with a wall-mounted sign reading "HOT TUB" and a green abstract drawing.

1. CityHub Reykjavik

CityHub Reykjavik
Downtown Reykjavik
United States
Zahra
NT$4,167
NT$4,833 total
includes taxes & fees
Oct 7 - Oct 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 building with a glass balcony overlooking a cityscape.
A room with a green sofa, a dark door, and a light wooden floor.
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.

2. City Center Hotel

City Center Hotel
Downtown Reykjavik
United States
Ara
NT$5,902
NT$6,760 total
includes taxes & fees
Oct 14 - Oct 15
City Center Hotel
A modern hotel lobby with a reception desk, wooden stools, and a wall art installation.
A restaurant with wooden tables and black chairs, a counter with a menu, and a television on the wall.
A modern bedroom with a bed, a sofa, a chair, and a small table.
A modern living room with a sofa, a coffee table, and a dining area with a table and chairs.

3. Hotel Fron

Hotel Fron
Downtown Reykjavik
United States
Michelle
NT$5,307
NT$6,099 total
includes taxes & fees
Oct 3 - Oct 4
Hotel Fron
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.

4. 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
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.

5. Hotel Viking

Hotel Viking
Hafnarfjordur
United States
William
NT$4,920
NT$5,670 total
includes taxes & fees
Sep 23 - Sep 24
Hotel Viking
A restaurant with wooden flooring, a bar area with bottles, and a view of the street.
A wine cellar with wooden shelves and a bench.
A modern interior with a large window, a potted plant, and leather seating.
A hotel room with a large bed, a TV, and a view of an outdoor seating area through a window.

6. Hotel Von

Hotel Von
Downtown Reykjavik
United States
Colleen
NT$5,779
NT$6,624 total
includes taxes & fees
Oct 12 - Oct 13
Hotel Von
A modern hotel corridor with a wooden floor, a large potted plant, and a unique seating area.
A modern living space with a kitchen area, a dining table, and a sofa.
A modern, well-lit room with a bed, sofa, and dining area, featuring large windows and a view of the city.
A modern building with a flat roof, large windows, and a garage door.

7. Aska Hraun

Aska Hraun
Hafnarfjörður
United States
Sam
NT$2,862
NT$4,853 total
includes taxes & fees
Sep 15 - Sep 16
Aska Hraun
A restaurant with wooden tables, green upholstered chairs, pendant lighting, and a large painting on the wall.
A restaurant entrance with a sign reading "TAKE OFF BISTRO".
A neatly made bed with two pillows, a bedside table with a phone, and a wall with vertical wooden slats.
A hallway with wooden walls, a bench, a table with a plant, and a fire extinguisher.

8. Konvin Hotel by Reykjavik Keflavik Airport

Konvin Hotel by Reykjavik Keflavik Airport
Reykjanesbær
United States
Joseph
NT$5,080
NT$5,847 total
includes taxes & fees
Oct 7 - Oct 8
Konvin Hotel by Reykjavik Keflavik Airport
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 hotel room with a bed, massage chairs, a TV, and a desk with a lamp.

9. 201 Hotel

201 Hotel
Smárinn
United States
Myrona
NT$4,447
NT$5,145 total
includes taxes & fees
Sep 28 - Sep 29
201 Hotel
A modern hotel lobby with leather seating, large windows, and decorative lighting.
A modern hotel lobby with a large window offering a view of a parking lot and buildings. There is a sofa, chairs, and a small table.
A room with a sofa, a table with a glass of beer, a potted plant, and a window with a view of a snowy landscape.
A hotel room with a large window, a desk, a chair, a bedside table with a lamp, and a bed.

10. Hotel Vellir

Hotel Vellir
Hafnarfjordur
United States
Therese
NT$4,234
NT$4,908 total
includes taxes & fees
Oct 14 - Oct 15
Hotel Vellir
View all properties

Top Reykjavik Hotel Reviews

Fosshotel Reykjavik

Fosshotel Reykjavik

10/10 Excellent
"Great breakfast buffet. Very friendly and helpful staff. Clean rooms."
Effie 1-night trip
Posted 1 hour ago
Fosshotel Reykjavik
Reykjavik Residence Apartment Hotel

Reykjavik Residence Apartment Hotel

10/10 Excellent
"This is our 2nd time staying in this hotel. This time we stayed in another home location in Reykjavik. Any location you stay at is very central. You are right in the city center. Parking we quick and easy. The room was spacious, and clean. Check in was very quick and easy."
Stephany 4-night trip
Posted 3 hours ago
Reykjavik Residence Apartment Hotel
Center Hotels Plaza

Center Hotels Plaza

10/10 Excellent
"Overall we were very happy with the stay. Highlights were the central location, welcoming/helpful staff and the good sized room. Property is close to all the attractions and transport. We were offered welcome drinks including wines and some light breakfast/coffee on the day of our departure. Staff helped to make reservations for tours/transfers. We will definitely reconsider them if we visit next time."
Rajive 3-night trip
Posted 21 hours ago
Center Hotels Plaza
Center Hotels Arnarhvoll

Center Hotels Arnarhvoll

10/10 Excellent
"Great location and wonderful staff! The breakfast was amazing coupled with the view.... Can't beat it. The underground spa area was very relaxing and nice to have on site. I would stay here again:)"
Jess 2-night trip
Posted 1 day ago
Center Hotels Arnarhvoll
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 7 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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