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 6 - Sep 7
Tomorrow
Sep 7 - Sep 8
Next weekend
Sep 11 - Sep 13
In two weeks
Sep 18 - Sep 20

Our top choices for Reykjavik cheap hotels

Outdoor spa tub
Lobby sitting area
Outdoor spa tub
Lobby sitting area

1. CityHub Reykjavik

CityHub Reykjavik
Downtown Reykjavik
United States
Dan Donna
NT$4,312
NT$4,996 total
includes taxes & fees
Oct 7 - Oct 8
CityHub Reykjavik
Family Room with Private Hot Tub and Sauna - Self Check-in
Superior Room With Sea View - Self Check in
Superior Double Room with Hot Tub and Sauna Access - Self Check-in | View from room
Family Room with Private Hot Tub and Sauna - Self Check-in

2. Fisherman's Village

Fisherman's Village
Garðabær
United States
Michael
NT$4,716
NT$5,445 total
includes taxes & fees
Sep 30 - Oct 1
Fisherman's Village
Lobby
Room
Apartment, 1 Bedroom | Living area
Deluxe Studio

3. Hotel Fron

Hotel Fron
Downtown Reykjavik
United States
Kalpesh
NT$5,312
NT$6,106 total
includes taxes & fees
Oct 2 - Oct 3
Hotel Fron
Front of property
Dining
Double Room
Hallway

4. ASKA Heiðmörk

ASKA Heiðmörk
Vatnsendi
United States
Bermet
NT$3,065
NT$4,347 total
includes taxes & fees
Sep 9 - Sep 10
ASKA Heiðmörk
Front of property
Dining
Front of property
Junior Studio Suite

5. Hotel Viking

Hotel Viking
Hafnarfjordur
United States
Nimantha
NT$4,925
NT$5,677 total
includes taxes & fees
Sep 13 - Sep 14
Hotel Viking
Twin Room, Private Bathroom (Twin) | Shared bathroom
Room
Dining
Room

6. iStay Cottages

iStay Cottages
Suðurnesjabær
United States
Hanna
NT$2,875
NT$3,401 total
includes taxes & fees
Oct 7 - Oct 8
iStay Cottages
Standard Double Room, Balcony (or view)
Terrace/patio
Front of property
Bar (on property)

7. City Center Hotel

City Center Hotel
Downtown Reykjavik
United States
Ara
NT$6,325
NT$7,231 total
includes taxes & fees
Oct 6 - Oct 7
City Center Hotel
Front of property - evening/night
Bar (on property)
Breakfast buffet
Reception

8. Reykjavik Lights by Keahotels

Reykjavik Lights by Keahotels
Háaleiti
United States
Patricia
NT$6,156
NT$7,042 total
includes taxes & fees
Sep 28 - Sep 29
Reykjavik Lights by Keahotels
Reception hall
Lobby
Lobby sitting area
Lobby sitting area

9. Hotel Boli Keflavik

Hotel Boli Keflavik
Reykjanesbaer
United States
Alex
NT$3,905
NT$5,361 total
includes taxes & fees
Oct 7 - Oct 8
Hotel Boli Keflavik
Reception hall
Private kitchen
Breakfast area
Lounge

10. Eldey Airport Hotel

Eldey Airport Hotel
Reykjanesbær
Canada
CONSTANTIN
NT$3,849
NT$4,483 total
includes taxes & fees
Oct 5 - Oct 6
Eldey Airport Hotel
View all properties

Top Reykjavik Hotel Reviews

Fosshotel Reykjavik

Fosshotel Reykjavik

10/10 Excellent
"The hotel is in the good location with an excursion bus stop right in the front. The staff were very friendly and helpful. We enjoyed our stay here the second time."
Xinping 1-night trip
Posted 2 hours ago
Fosshotel Reykjavik
Center Hotels Arnarhvoll

Center Hotels Arnarhvoll

8/10 Good
"Hotel is conveniently located, spa offers a great way to unwind after a day(s) of exploring Iceland. Breakfast was nicely appointed. And of course, like with all things Iceland, the staff were friendly and accommodating."
Brent 7-night trip
Posted 3 hours ago
Center Hotels Arnarhvoll
Hotel Reykjavík Grand

Hotel Reykjavík Grand

8/10 Good
"Hotel was lovely as was the restaurant.!! Everything was clean and it offered a convenient pick up spot for various tours. Only problem I had was they placed me in a lower level room right next to construction. Luckily I was out of the room most of the day so it didn’t really bother me."
Sarah 5-night trip
Posted 18 hours ago
Hotel Reykjavík Grand
Alva Hotel Brautarholt

Alva Hotel Brautarholt

8/10 Good
"Lots of construction going on during the day for renovation. Easy to get into room and it was nice to have luggage storage available. The bed needs a new mattress as there was a definite worn/slumped section."
Stephen 2-night trip
Posted 20 hours ago
Alva Hotel Brautarholt
Fosshotel Lind

Fosshotel Lind

10/10 Excellent
"Staff was great, hotel was within walking distance to all downtown restaurants and attractions."
robert m 8-night trip
Posted 1 day ago
Fosshotel Lind
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 3 days ago
Reykjavik Residence Apartment Hotel
Miðgarður by Center Hotels

Miðgarður by Center Hotels

10/10 Excellent
"Great breakfast and helpful staff"
Thomas 5-night trip
Posted 3 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 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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