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 23 - Sep 24
Tomorrow
Sep 24 - Sep 25
This weekend
Sep 25 - Sep 27
Next weekend
Oct 2 - Oct 4

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
Canada
Oksana
NT$3,133
NT$3,686 total
includes taxes & fees
Oct 19 - Oct 20
CityHub Reykjavik
A multi-story hotel with a modern design, featuring a prominent logo on the facade and a clear entrance.
A buffet with various food items including watermelon, oranges, and bread.
A room with two white chairs, a small round table, and a lamp. A book is on the table. The room has a window with a view of a snowy landscape and buildings.

2. Reykjavik Lights by Keahotels

Reykjavik Lights by Keahotels
Háaleiti
United States
joyce
NT$4,682
NT$5,408 total
includes taxes & fees
Oct 14 - Oct 15
Reykjavik Lights by Keahotels
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.

3. Old Town Reykjavik

Old Town Reykjavik
Downtown Reykjavik
Canada
Tatiana
NT$3,225
NT$3,789 total
includes taxes & fees
Oct 14 - Oct 15
Old Town Reykjavik
A modern bathroom with a marble sink, a round mirror, and a wooden floor.
A hotel room with a bed, a desk, a chair, a television, and large windows with a city view.
A modern bathroom with a marble sink, a round mirror, and a hairdryer on the floor.
A modern bathroom with a round mirror, a white sink, and a shower area.

4. Alva Hotel Brautarholt

Alva Hotel Brautarholt
Holt
United States
Joseph
NT$4,506
NT$5,211 total
includes taxes & fees
Oct 14 - Oct 15
Alva Hotel Brautarholt
A modern hotel corridor with a wooden floor, a large potted plant, and a unique seating area.
A modern room with a bed, a grey sofa, a dining table with chairs, a small kitchen area, and large windows.
A modern building with a flat roof, large windows, and a garage door.
A modern, well-lit room with a bed, sofa, and dining area, featuring large windows and a view of the city.

5. Aska Hraun

Aska Hraun
Hafnarfjörður
Canada
Hassan
NT$3,143
NT$5,154 total
includes taxes & fees
Sep 24 - Sep 25
Aska Hraun
A modern black building with a single door and a small window, surrounded by natural vegetation.
A modern interior with a wooden floor, a black hanging chair, a black sofa, and a view through a glass door to an outdoor area.
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.

6. iStay Cottages

iStay Cottages
Suðurnesjabær
United States
Hanna
NT$2,840
NT$3,361 total
includes taxes & fees
Oct 7 - Oct 8
iStay Cottages
A modern hotel room with a bed, breakfast table, and a TV.
A modern kitchen with a dining area, featuring a round table, chairs, and a hanging light fixture.
A modern hotel room with a bed, a dining table with chairs, a TV, and a large window with curtains.
A modern hotel room with a large bed, a dining area, and a TV mounted on the wall.

7. Strand Hotel Apartments

Strand Hotel Apartments
Hafnarfjörður
Canada
Shawn
NT$2,847
NT$5,554 total
includes taxes & fees
Sep 24 - Sep 25
Strand Hotel Apartments
A modern interior with a green sofa, yellow armchairs, and a round coffee table.
A modern lounge area with yellow armchairs, a round table, and a potted plant.
A modern bar area with a wooden counter, hanging light fixtures, and a large window providing a view of the cityscape.
A modern hotel room with a large bed, two armchairs, a coffee table, and a view of the city.

8. 201 Hotel

201 Hotel
Smárinn
United States
Myrona
NT$4,908
NT$5,657 total
includes taxes & fees
Sep 24 - Sep 25
201 Hotel
A row of black and white houses with a stone wall and a grassy hill.
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.
A wooden staircase with a chair and a table in a room with wooden floors and a high ceiling.

9. Fisherman's Village

Fisherman's Village
Garðabær
United States
Paul L
NT$4,081
NT$4,739 total
includes taxes & fees
Sep 27 - Sep 28
Fisherman's Village
A modern hotel lobby with a reception desk, wooden stools, and a wall art installation.
A wall with various metal sculptures and wooden elements, a grey sofa, and wooden stools.
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.

10. Hotel Fron

Hotel Fron
Downtown Reykjavik
United States
Michelle
NT$4,730
NT$5,460 total
includes taxes & fees
Oct 20 - Oct 21
Hotel Fron
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Top Reykjavik Hotel Reviews

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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