A cityscape with a prominent church, a body of water, and snow-capped mountains in the background.

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Our top choices for Downtown Reykjavik cheap hotels

Student hotel & hostel

Student hotel & hostel
2.0 star property
Downtown Reykjavik
9.4 out of 10, Exceptional, (148 reviews)
"Great staff and very close to bus station and downtown."
Canada
Michael
The price is ₹11,741
₹13,730 total
includes taxes & fees
29 Jun - 30 Jun
Student hotel & hostel

KEX Hotel and Hostel Reykjavik

KEX Hotel and Hostel Reykjavik
2.0 star property
Downtown Reykjavik
8.6 out of 10, Excellent, (846 reviews)
"I really enjoyed my time at this Hostel! I recommend this location, and establishment for any solo travellers on a budget looking for a perfect place to stay — close to city centre, walks along the coast, and lots of historical sights around! The staff were very nice and attentive. "
Canada
Louise
The price is ₹9,673
₹11,339 total
includes taxes & fees
30 Jun - 1 Jul
KEX Hotel and Hostel Reykjavik

CityHub Reykjavik

CityHub Reykjavik
2.0 star property
Downtown Reykjavik
9.2 out of 10, Wonderful, (501 reviews)
"Convenience location and the staff is really helpful."
Canada
Wing Hung Davis
The price is ₹9,265
₹11,025 total
includes taxes & fees
22 Jun - 23 Jun
CityHub Reykjavik

Guesthouse Andrea

Guesthouse Andrea
2.5 star property
Downtown Reykjavik
8.4 out of 10, Very good, (369 reviews)
"Rooms were great, staff very friendly."
United States
Daniel
The price is ₹8,989
₹10,715 total
includes taxes & fees
22 Jun - 23 Jun
Guesthouse Andrea

Nordic Hostel

Nordic Hostel
2.0 star property
Downtown Reykjavik
10.0 out of 10, Exceptional, (2 reviews)
"Very clean hostel. Staff are friendly. Easy to check in or out"
United States
Kebba
The price is ₹12,538
₹14,518 total
includes taxes & fees
8 Jul - 9 Jul
Nordic Hostel

Mjólk Hotel

Mjólk Hotel
4.0 star property
Downtown Reykjavik
10.0 out of 10, Exceptional, (2 reviews)
"Stayed at this propoerty with my mom and we loved it! Our flight got in late but checking into the room at 2am was very easy. Some of the most comfortable beds we have stayed on and had great amenities in the room. We also ran into the owner on our way out who was very kind and caring and interested to hear about our stay and very receptive to our small feedback for improvements. Also a great location near the Flybus terminal and the main shopping street."
United States
Chloe
The price is ₹16,564
₹19,085 total
includes taxes & fees
22 Jun - 23 Jun
Mjólk Hotel

Old Town Reykjavik

Old Town Reykjavik
3.0 star property
Downtown Reykjavik
7.2 out of 10, Good, (215 reviews)
"Very well located, beautiful, comfortable and clean"
Mexico
HUGO
The price is ₹9,620
₹11,281 total
includes taxes & fees
24 Jun - 25 Jun
Old Town Reykjavik

Travel Inn Guesthouse

Travel Inn Guesthouse
2.5 star property
Downtown Reykjavik
6.4 out of 10, (387 reviews)
"A lovely place to stay and just over the road from BSI central bus terminal and ten minutes walk up to the the famous church and from there downtown . "
United Kingdom
Simon
The price is ₹12,145
₹14,083 total
includes taxes & fees
25 Jun - 26 Jun
Travel Inn Guesthouse

Day Dream Vesturgata 17

Day Dream Vesturgata 17
2.0 star property
Downtown Reykjavik
8.6 out of 10, Excellent, (154 reviews)
The price is ₹11,893
₹22,825 total
includes taxes & fees
25 Jun - 26 Jun
Day Dream Vesturgata 17

Hostel B47

Hostel B47
2.0 star property
Downtown Reykjavik
8.6 out of 10, Excellent, (260 reviews)
"Location Location Location"
United States
William
The price is ₹9,928
₹11,621 total
includes taxes & fees
23 Jun - 24 Jun
Hostel B47
Lowest nightly price found within the past 24 hours based on a 1 night stay for 2 adults. Prices and availability subject to change. Additional terms may apply.

Top Downtown Reykjavik Hotel Reviews

Frequently asked questions

What is Downtown Reykjavik like for travellers on a budget?
Downtown Reykjavik offers a variety of cheap accommodation options and things to do, making it a great holiday choice for budget-conscious travellers. You can find ways to save money while getting to know this destination, which is home to attractions such as Hallgrimskirkja, Reykjavik Pond and Parliament House.
What's the best budget-friendly accommodation in Downtown Reykjavik?
Based on reviews, Hotel Von is a popular hotel for our travellers who want a more economical choice, and features free Wi-Fi and a bar. Other options to stay on the cheap include KEX Hotel and Hostel Reykjavik and Old Town Reykjavik.
How many budget hotels are there in Downtown Reykjavik?
Expedia has 9 hotels in Downtown Reykjavik that are ideal if you are watching your pennies.
What is there to see and do in Downtown Reykjavik?
You don't need to spend a lot to find things to see and do in Downtown Reykjavik. 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. Enjoy the local natural beauty at Reykjavik Pond and Tjornin, or check out the area's cultural spots like Harpa.
How can I get to Downtown Reykjavik and get around on a budget?
Scoping out the transportation options in Downtown Reykjavik can help keep you on budget. The nearest airport is Reykjavik (RKV-Reykjavik Domestic), 0.9 mi (1.4 km) away. However, if that doesn't suit your budget, the next closest is 23.3 mi (37.4 km) away: Keflavik International Airport (KEF). Downtown Reykjavik might not have very many public transport options to choose from so a car rental could be an economical alternative to see more of the area.

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