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

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Check availability on Downtown Reykjavik Cheap Hotels

This weekend
6 Nov - 8 Nov
Next weekend
13 Nov - 15 Nov

Our top choices for Downtown Reykjavik cheap hotels

A modern building with a 'City Hub' sign, large windows, and a neon geometric design.

1. CityHub Reykjavik

CityHub Reykjavik
2.0 star property
Downtown Reykjavik
9.2 out of 10, Wonderful, (728 reviews)
"Great location in the city and for solo travelers."
United States
David
The price is ₹7,810
₹9,369 total
includes taxes & fees
18 Nov - 19 Nov
CityHub Reykjavik
A modern hotel lobby with a reception desk, wooden stools, and a wall art installation.

2. Hotel Fron

Hotel Fron
3.0 star property
Downtown Reykjavik
8.8 out of 10, Excellent, (1,113 reviews)
"Great location in the heart of Reykjavik"
United States
Lauren
The price is ₹10,619
₹12,413 total
includes taxes & fees
30 Nov - 1 Dec
Hotel Fron
A hot tub with wooden railings, surrounded by lanterns and a scenic mural.

3. Alda Hotel Reykjavik

Alda Hotel Reykjavik
4.0 star property
Downtown Reykjavik
9.4 out of 10, Exceptional, (1,408 reviews)
"Great stay."
United States
joanne
The price is ₹15,179
₹17,473 total
includes taxes & fees
25 Nov - 26 Nov
Alda Hotel Reykjavik
A modern living room with a fireplace, a sofa, two potted plants, and a large painting on the wall.

4. Hotel Odinsve

Hotel Odinsve
4.0 star property
Downtown Reykjavik
8.8 out of 10, Excellent, (1,006 reviews)
"Very clean hotel in a good location."
United Kingdom
Natalie
The price is ₹12,878
₹14,920 total
includes taxes & fees
17 Nov - 18 Nov
Hotel Odinsve
A modern hotel room with a large bed, a desk, a TV, and a view of the cityscape through large windows.

5. City Center Hotel

City Center Hotel
3.0 star property
Downtown Reykjavik
9.0 out of 10, Wonderful, (842 reviews)
"Location was perfect."
Canada
patti
The price is ₹10,663
₹12,550 total
includes taxes & fees
1 Dec - 2 Dec
City Center Hotel
A modern bar area with a bar counter, stools, and a mural on the wall.

6. Skuggi Hotel by Keahotels

Skuggi Hotel by Keahotels
3.0 star property
Downtown Reykjavik
9.2 out of 10, Wonderful, (1,001 reviews)
"Well located with friendly an accommodating staff. Clean rooms with nice features in the room. Would not hesitate to stay here again."
Canada
Lidia
The price is ₹15,032
₹17,312 total
includes taxes & fees
1 Dec - 2 Dec
Skuggi Hotel by Keahotels
A modern hotel room with a large bed, a hanging chair, a desk with a coffee machine, and large windows offering a city view.

7. Center Hotels Laugavegur

Center Hotels Laugavegur
4.0 star property
Downtown Reykjavik
9.2 out of 10, Wonderful, (1,358 reviews)
"Great location, lovely breakfast and clean rooms."
United Kingdom
Sharon
The price is ₹13,384
₹15,480 total
includes taxes & fees
1 Dec - 2 Dec
Center Hotels Laugavegur
A modern interior with a leather sofa, a glass coffee table, and a unique wall art piece.

8. Þingholt by Center Hotels

Þingholt by Center Hotels
4.0 star property
Downtown Reykjavik
9.0 out of 10, Wonderful, (1,004 reviews)
"Lovely hotel, very clean, great staff. Room was small with limited storage, if you get a room on the street side it can be noisy at night"
United Kingdom
christine maria elizabeth
The price is ₹17,683
₹20,253 total
includes taxes & fees
22 Nov - 23 Nov
Þingholt by Center Hotels
A view through a window of a tall, pointed building with a cross at the top, likely a church or cathedral, with people walking in front.

9. Hotel Leifur Eiriksson

Hotel Leifur Eiriksson
3.0 star property
Downtown Reykjavik
8.6 out of 10, Excellent, (1,002 reviews)
"This was just a quick overnight but everything was clean and the staff was delightful."
United States
Mackenzie
The price is ₹13,709
₹15,843 total
includes taxes & fees
3 Dec - 4 Dec
Hotel Leifur Eiriksson
A room with two leather chairs, a small round table, and a vase with yellow flowers. There are large windows with a view of trees and buildings outside.

10. Hotel Reykjavik Centrum

Hotel Reykjavik Centrum
4.0 star property
Downtown Reykjavik
9.4 out of 10, Exceptional, (1,002 reviews)
"I liked the location, the breakfast, the comfort of the bed, and the shampoo and conditioner!"
United States
Jamie
The price is ₹16,505
₹18,944 total
includes taxes & fees
23 Nov - 24 Nov
Hotel Reykjavik Centrum
A modern hotel room with two beds, a flat-screen TV, a desk, and a large window with curtains.

11. Midtown Reykjavik by Heimaleiga

Midtown Reykjavik by Heimaleiga
3.0 star property
Downtown Reykjavik
8.0 out of 10, Very good, (537 reviews)
"The location was perfect for exploring Reykjavic! Some have complained about the noise, but there were supplied ear plugs and the music didn't keep us up at all! The rooms were tastefully decorated and the bathroom was clean and spacious. We would stay again!"
Canada
Alexa
The price is ₹9,241
₹10,884 total
includes taxes & fees
30 Nov - 1 Dec
Midtown Reykjavik by Heimaleiga
Living area

12. Reykjavik4you Apartments

Reykjavik4you Apartments
3.0 star property
Downtown Reykjavik
9.4 out of 10, Exceptional, (989 reviews)
"Great location. Had no issues parking on site. Super responsive staff. Would stay here again!"
United States
Katherine
The price is ₹9,557
₹17,590 total
includes taxes & fees
23 Nov - 24 Nov
Reykjavik4you Apartments
A modern living room with a grey sofa, a pink ottoman, a black coffee table, and a dining area with a round table and chairs.

13. Reykjavik Residence Apartment Hotel

Reykjavik Residence Apartment Hotel
4.0 star property
Downtown Reykjavik
9.6 out of 10, Exceptional, (3,504 reviews)
"Great location and place for families to stay"
United States
Debra
The price is ₹18,836
₹21,533 total
includes taxes & fees
2 Dec - 3 Dec
Reykjavik Residence Apartment Hotel
A room with a bed, a bedside table, a mirror, a sink, and a toilet.

14. Guesthouse Aurora

Guesthouse Aurora
2.0 star property
Downtown Reykjavik
8.2 out of 10, Very good, (593 reviews)
"Place was close to everything, I only stayed two nights and both days shower was not working. Breakfast is served at 7:30am, I guess the 7:00am only applies during summer time."
United States
Eulalia Alexandra Lema
The price is ₹7,207
₹8,704 total
includes taxes & fees
2 Dec - 3 Dec
Guesthouse Aurora
A modern dining area with a round table and chairs, large windows, and a hanging light fixture.

15. Rey Apartments

Rey Apartments
3.0 star property
Downtown Reykjavik
9.2 out of 10, Wonderful, (1,186 reviews)
"Excellent location close to coffee shops, bars and restaurants."
United Kingdom
Paul
The price is ₹12,667
₹14,685 total
includes taxes & fees
11 Nov - 12 Nov
Rey Apartments
A modern bedroom with a large bed, bedside tables, a desk, and a kitchen area.

16. Hotel Vera

Hotel Vera
3.0 star property
Downtown Reykjavik
8.6 out of 10, Excellent, (424 reviews)
"Location was great"
United States
Alicia J O'Leary
The price is ₹7,991
₹12,682 total
includes taxes & fees
4 Nov - 5 Nov
Hotel Vera
A storefront with a glass door, potted plants, and a sign for a restaurant.

17. Hotel Von

Hotel Von
3.5 star property
Downtown Reykjavik
9.2 out of 10, Wonderful, (1,005 reviews)
"It was a great stay!!"
United States
Paulo
The price is ₹12,592
₹14,891 total
includes taxes & fees
11 Nov - 12 Nov
Hotel Von
A terrace with outdoor seating, a view of the sea, and a building with large windows.

18. Center Hotels Arnarhvoll

Center Hotels Arnarhvoll
4.0 star property
Downtown Reykjavik
9.0 out of 10, Wonderful, (1,174 reviews)
"Great hotel in a perfect location!!"
United States
debbie
The price is ₹16,071
₹18,463 total
includes taxes & fees
1 Dec - 2 Dec
Center Hotels Arnarhvoll
A neatly made breakfast tray with two glasses of orange juice, a bowl of fruit, and a small teapot on a bed with a view of a window and curtains.

19. Hotel Holt - The Art Hotel

Hotel Holt - The Art Hotel
4.0 star property
Downtown Reykjavik
9.2 out of 10, Wonderful, (1,001 reviews)
"First of all I love a boutique hotel that has charm and ambience fantastic breakfast every morning great room very clean great staff the concierge the front desk is very helpful from calling cabs to booking trips I love this hotel I want to return the Iceland I will definitely rebook it"
United States
Thomas
The price is ₹21,067
₹24,011 total
includes taxes & fees
3 Dec - 4 Dec
Hotel Holt - The Art Hotel
A modern cafe with wooden tables, chairs, and a brick counter.

20. Center Hotels Plaza

Center Hotels Plaza
4.0 star property
Downtown Reykjavik
8.8 out of 10, Excellent, (1,389 reviews)
"Excellent location, great breakfast, friendly staff, I would definitely stay here again"
United Kingdom
paul
The price is ₹15,775
₹18,134 total
includes taxes & fees
18 Nov - 19 Nov
Center Hotels Plaza
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.
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Top Downtown Reykjavik Hotel Reviews

Alda Hotel Reykjavik

Alda Hotel Reykjavik

10/10 Excellent
"All the staff were Great answers all our questions.Our Hotel room was a nice size & clean.Breakfast was fine wished the Orange Juice would have been freshly squeezed rather than out of a machine. We went on a few Trips that were Fantastic like the Flyover theatre & The Perlan Museum that we both Enjoyed. Iceland is an expensive place to visit. Eating out was pricey The Taxis were very Expensive"
Susan 2-night trip
Posted 2 hours ago
Alda Hotel Reykjavik

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, Old Town Reykjavik is a popular hotel for our travellers in search of a less expensive place to stay, and it offers free Wi-Fi. Other options to stay on the cheap include KEX Hotel and Hostel Reykjavik and Hotel Von.
How many budget hotels are there in Downtown Reykjavik?
Expedia has 8 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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