Reykjavik Cheap Hotels

  • Change your mind

    Book hotels with free cancellation
  • Treat yourself

    Sign in to save 10% or more on thousands of hotels
  • Be picky

    Search almost a million properties worldwide

Check availability on Reykjavik Cheap Hotels

Next weekend
In two weeks

Our top choices for Reykjavik cheap hotels

Konvin Hotel by Reykjavik Keflavik Airport

Konvin Hotel by Reykjavik Keflavik Airport
3.0 star property
Reykjanesbær
8.6 out of 10, Excellent, (1,118 reviews)
"Clean room , nice hotel , good value "
Canada
Nico
The price is HK$1,234
HK$1,420 total
includes taxes & fees
24 Feb - 25 Feb
Konvin Hotel by Reykjavik Keflavik Airport

Hotel Duus

Hotel Duus
3.5 star property
Reykjanesbær
8.2 out of 10, Very good, (1,000 reviews)
"The dinner was fantastic. Minke whale and Monkfish on the menu, and these are both very populous in the area. It was interesting and delicious to try. "
Canada
Nadia
The price is HK$806
HK$945 total
includes taxes & fees
26 Jan - 27 Jan
Hotel Duus

Lighthouse Inn

Lighthouse Inn
3.5 star property
Suðurnesjabær
9.8 out of 10, Exceptional, (1,004 reviews)
"Great place, great location. I would stay there again"
United States
Theodore
Lighthouse Inn

Aurora Hotel at Reykjavik-Keflavik Airport Terminal KEF

Aurora Hotel at Reykjavik-Keflavik Airport Terminal KEF
3.0 star property
Suðurnesjabær
8.8 out of 10, Excellent, (1,681 reviews)
"Convenient location and very large rooms"
Australia
Sina
The price is HK$1,226
HK$1,411 total
includes taxes & fees
2 Feb - 3 Feb
Aurora Hotel at Reykjavik-Keflavik Airport Terminal KEF

Blue Viking Pods

Blue Viking Pods
1.5 star property
Reykjanesbær
8.6 out of 10, Excellent, (4 reviews)
"The privacy and hot beverage options in the kitchen. The facility was very clean."
United States
Jamie
The price is HK$518
HK$626 total
includes taxes & fees
26 Jan - 27 Jan
Blue Viking Pods

201 Hotel

201 Hotel
4.0 star property
Kópavogur
8.6 out of 10, Excellent, (1,004 reviews)
"Very easy check-in, helpful staff, clean room, and good breakfast."
United States
Tania
201 Hotel

CityHub Reykjavik

CityHub Reykjavik
2.0 star property
Downtown Reykjavik
9.0 out of 10, Wonderful, (379 reviews)
"Staff was fabulous "
United States
Gayla
The price is HK$632
HK$758 total
includes taxes & fees
28 Jan - 29 Jan
CityHub Reykjavik

Courtyard by Marriott Reykjavik Keflavik Airport

Courtyard by Marriott Reykjavik Keflavik Airport
4.0 star property
Reykjanesbær
9.2 out of 10, Wonderful, (1,009 reviews)
"Very conveniently located"
United States
Kathleen
The price is HK$1,355
HK$1,555 total
includes taxes & fees
30 Jan - 31 Jan
Courtyard by Marriott Reykjavik Keflavik Airport

Hotel Aska

Hotel Aska
3.0 star property
Holt
8.0 out of 10, Very good, (359 reviews)
"The ocean view from the balcony was beautiful!"
United States
ALYS
The price is HK$670
HK$978 total
includes taxes & fees
30 Jan - 31 Jan
Hotel Aska

Keflavik Micro Suites

Keflavik Micro Suites
3.5 star property
Reykjanesbær
8.8 out of 10, Excellent, (616 reviews)
"very close to the airport. off street parking was easy to find"
United States
Maria
Keflavik Micro Suites
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 visiting Reykjavik, these fantastic hotels offer excellent value without compromising on comfort or amenities. Each option ensures a pleasant stay while keeping costs down.

Guesthouse Sunna

  • Why it's great for a budget-friendly vacation: With an excellent traveler review rating of 9.2, Guesthouse Sunna is an excellent budget-friendly option for visitors to Reykjavik. The hotel features free Wi-Fi, self-parking, and nearby parking options, ensuring travelers can explore the city with ease without worrying about additional costs.
  • Other amenities: This guesthouse offers shared kitchen facilities, allowing travelers to prepare their own meals, while daily housekeeping contributes to a comfortable stay. Rooms are equipped with essential amenities, including microwaves and refrigerators. Additionally, rollaway beds are available at no charge, catering to diverse traveler needs.
  • 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 is a superb choice for budget travellers with a traveler review rating of 9.2, providing essential amenities at an affordable price. The hotel offers free Wi-Fi and a 24-hour airport shuttle, making it convenient for both arrivals and departures.
  • Other amenities: Guests can enjoy well-equipped rooms featuring kitchenettes, ovens, and refrigerators, perfect for those who prefer self-catering. Additional conveniences include a concierge service and the option for free street parking. Nearby locations provide opportunities for hiking and biking, ensuring travelers can explore the natural beauty of Iceland.
  • 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 Baron's Hostel.
How many cheap hotels should I expect to 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, 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 Tjornin.
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.

Explore a world of travel with Expedia