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Our top choices for Reykjavik cheap hotels

Blue Viking Pods

Blue Viking Pods
1.5 star property
Reykjanesbær
8.8 out of 10, Excellent, (37 reviews)
"Very good for short term stays "
United States
Erica
The price is ₹9,498
₹11,176 total
includes taxes & fees
7 Jul - 8 Jul
Blue Viking Pods

Aska Hraun

Aska Hraun
2.0 star property
Hafnarfjörður
9.0 out of 10, Wonderful, (2 reviews)
"The location from outside not look that good and was lucky to have one parking spot avilable. Room very clean as well as washroom,look like been totally renovated. There is no front desk,everything done by codes for main entry door and your room once you check-in. Only negative concerns, that heater Knob was broken and we was unable to reduce room temperature, ended up by sleeping and keep window open,I already called the hotel staff but couldn't help."
Canada
Moustafa
The price is ₹9,936
₹15,960 total
includes taxes & fees
29 Jun - 30 Jun
Aska Hraun

Blue Viking Studios

Blue Viking Studios
2.0 star property
Reykjanesbær
9.0 out of 10, Wonderful, (11 reviews)
"Clean place and affordable. Close to the airport."
United States
Anthony
The price is ₹12,189
₹14,244 total
includes taxes & fees
29 Jun - 30 Jun
Blue Viking Studios

CityHub Reykjavik

CityHub Reykjavik
2.0 star property
Downtown Reykjavik
9.2 out of 10, Wonderful, (504 reviews)
"Such a great stay! Check in was easy, the place was clean, and perfect for a quick trip to Iceland!!"
United States
Ashley
The price is ₹10,284
₹12,172 total
includes taxes & fees
25 Jun - 26 Jun
CityHub Reykjavik

Konvin Hotel by Reykjavik Keflavik Airport

Konvin Hotel by Reykjavik Keflavik Airport
3.0 star property
Reykjanesbær
8.6 out of 10, Excellent, (1,213 reviews)
"Restaurant on property is excellent"
United States
Donald
The price is ₹18,232
₹20,881 total
includes taxes & fees
28 Jun - 29 Jun
Konvin Hotel by Reykjavik Keflavik Airport

201 Hotel

201 Hotel
4.0 star property
Kópavogur
8.6 out of 10, Excellent, (1,006 reviews)
"Wonderful deal, great breakfast, modern and clean hotel."
United States
Ada
The price is ₹13,037
₹15,073 total
includes taxes & fees
24 Jun - 25 Jun
201 Hotel

Hotel Boli Keflavik

Hotel Boli Keflavik
2.0 star property
Reykjanesbaer
8.0 out of 10, Very good, (45 reviews)
"Great place to stay the night before an early flight with basic room facilities."
United Kingdom
Paola
The price is ₹13,707
₹15,849 total
includes taxes & fees
30 Jun - 1 Jul
Hotel Boli Keflavik

Hotel Duus

Hotel Duus
3.5 star property
Reykjanesbær
8.0 out of 10, Very good, (1,003 reviews)
"Check in was very easy and room was nice and clean"
United States
Emma
The price is ₹14,783
₹17,010 total
includes taxes & fees
7 Jul - 8 Jul
Hotel Duus

Hotel Vogar

Hotel Vogar
2.5 star property
Vogar
8.4 out of 10, Very good, (356 reviews)
"Very quiet, nice overall. It was in the area of Vogar between the airport and quite a distance from Reykjavik and I didn’t see much of anything in the area re restaurants or gas stations, etc."
United States
James
The price is ₹13,300
₹15,396 total
includes taxes & fees
7 Jul - 8 Jul
Hotel Vogar

Strand Hotel Apartments

Strand Hotel Apartments
2.0 star property
Hafnarfjörður
9.4 out of 10, Exceptional, (11 reviews)
"The room was spacious, with high ceilings, nice kitchens, bathrooms and I especially loved that the two sets of doors opened to experience the beautiful weather. Definitely returning and will rebook with Strand Hotel."
United States
Christena
The price is ₹11,128
₹19,472 total
includes taxes & fees
30 Jun - 1 Jul
Strand Hotel Apartments
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.

Find out more about Reykjavik

Discover cheap things to do in Reykjavik

Reykjavik offers a wealth of experiences for budget-conscious travellers looking to explore without breaking the bank. Start your adventure at the iconic Hallgrímskirkja, where a modest fee grants you access to the tower's viewing platform, offering breathtaking panoramic views of the city and surrounding landscapes. A stroll through the vibrant Laugavegur shopping street not only delights with its unique boutiques but also provides a chance to sample affordable street food; try the famous hot dogs from Bæjarins Beztu Pylsur, a local favourite. Don't miss the beautiful Tjörnin pond, where you can enjoy a peaceful walk and watch the local birdlife, all completely free. For a bit of culture, the National Museum of Iceland has an entrance fee that's easy on the wallet, showcasing the country's fascinating history. When it comes to accommodation, consider staying in the trendy downtown area, where numerous budget hotels and hostels are just a stone's throw from these attractions, making it convenient to explore on foot. This area is filled with charming cafes and restaurants, perfect for sampling local delicacies at reasonable prices, ensuring your family enjoys the best of Reykjavik without overspending.

Find the best cheap hotels in Reykjavik

For budget-conscious travellers heading to Reykjavik, these top five hotels offer outstanding value without compromising comfort or convenience.

Guesthouse Sunna

  • Why it's great for a budget-friendly vacation: Guesthouse Sunna offers budget travellers a delightful stay with a stellar review rating of 9.2. This guesthouse features free Wi-Fi and self-parking, making it easy for guests to stay connected and explore the surroundings without worry. Additionally, the accommodation provides shared kitchen facilities, allowing for affordable meal preparations.
  • Other amenities: Further amenities include a daily housekeeping service, a variety of kitchen appliances such as a microwave and stovetop, and communal dining areas. The hotel also offers rollaway extra beds at no charge, making it a flexible choice for groups or families. With its central location, guests will find themselves perfectly situated to enjoy the attractions of downtown Reykjavik.
  • Neighborhood: Downtown Reykjavik
  • Nearby attractions: Laugavegur - 0.5 km, Hallgrimskirkja - 0.1 km, Reykjavik Free Church - 0.7 km

Rey Apartments

  • Why it's great for a budget-friendly vacation: Rey Apartments stands out as an excellent option for budget-conscious visitors to Reykjavik, backed by a strong review rating of 9.2. This hotel offers free Wi-Fi and essential toiletries, making it a practical choice for guests looking to save. The 24-hour airport shuttle service adds to the convenience, ensuring seamless travel to and from the airport.
  • Other amenities: Guests can enjoy the comfort of in-room amenities such as a kitchenette equipped with a microwave, oven, and refrigerator, perfect for those who prefer to prepare their own meals. The apartments also feature a yard and concierge service to enhance the stay. With nearby shopping districts and outdoor adventures like hiking and biking, guests can explore Reykjavik without breaking the bank.
  • Neighborhood: Downtown Reykjavik
  • Nearby attractions: Laugavegur - 0 km, Hallgrimskirkja - 0.5 km, Reykjavik Free Church - 0.6 km

Storm Hotel by Keahotels

  • Why it's great for a budget-friendly vacation: Storm Hotel by Keahotels is a budget-friendly gem that scores a remarkable 9.2 in guest reviews. Perfectly suited for cost-conscious travellers, the hotel offers free Wi-Fi and a delicious buffet breakfast to kickstart the day. With additional amenities such as free toiletries and a snack bar, guests will find everything they need for a comfortable stay.
  • Other amenities: This hotel also features options for connecting rooms, a balcony or patio for enjoying fresh air, and parking facilities for added convenience. The concierge service ensures that guests receive personalised support during their visit, and family amenities like free cribs make it a great choice for those travelling with little ones.
  • Neighborhood: Laugardalur
  • Nearby attractions: Laugavegur - 0.1 km, Harpa - 1.4 km, Hallgrimskirkja - 1.5 km

Top Reykjavik Hotel Reviews

Frequently asked questions

What is Reykjavik like for travellers on a budget?
Reykjavik offers cheap accommodation options and a range of things to see and do, making it a great holiday choice for budget-conscious travellers. In addition to its well-known attractions such as Reykjavik Harbour, this destination is home to Reykjavik Pond and Oskjuhlid Hill, which you can enjoy while spending very little.
What's the best place to stay on a budget in 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 good options for your budget-friendly stay include KEX Hotel and Hostel Reykjavik and Old Town Reykjavik.
How many cheap hotels should I expect to find in Reykjavik?
Expedia has 14 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, but bear 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 temperature of 10°C, while the coldest months are December and January, with an average of 0°C. Average annual precipitation for Reykjavik is 1281 mm.
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 nearest airport is 1.2 mi (2 km) from the centre in Reykjavik (RKV-Reykjavik Domestic). However, if that doesn't suit your budget, you can look into flights to Keflavik International Airport (KEF), which is 23.2 mi (37.3 km) away. Reykjavik might not have many public transport choices so renting a car could be a reasonable alternative to see more of the area.

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