Find Cheap Hotels in Reykjavik

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Pick from 15 Reykjavik Cheap Hotels and compare room rates, reviews, and availability. Most hotels are fully refundable.

Hotel Von
Restaurant
Hotel Von
3.5 star property
9.4 out of 10, Exceptional, (948)
"It’s on the main drag, and is clean and warm. This does not make it convenient from the flybus drop-off stop - if you have bags it’s better to take a cab from the main station. The staff are lovely. The rooms are New York small, and for some reason, if they can’t fit a coffee machine in there, you don’t get coffee. A kettle and tea bags - but no nescafe. If you are checking out in the morning with an evening flight, they are happy to look after your bags while you go out. "
The price is ₩224,839
₩256,259 total
includes taxes & fees
Dec 3 - Dec 4
Hotel Von
Grandi by Center Hotels
Sauna, spa tub, 3 treatment rooms, massages
Grandi by Center Hotels
4.0 star property
9.4 out of 10, Exceptional, (863)
"Great hotel. Only problem is parking"
The price is ₩272,501
₩309,089 total
includes taxes & fees
Dec 2 - Dec 3
Grandi by Center Hotels
Fosshotel Barón
Lobby sitting area
Fosshotel Barón
3.0 star property
8.6 out of 10, Excellent, (1018)
"Walkable to tourist attractions and downtown Reykjavik "
The price is ₩190,683
₩218,282 total
includes taxes & fees
Dec 3 - Dec 4
Fosshotel Barón
Exeter Hotel
Property entrance
Exeter Hotel
4.0 star property
9.4 out of 10, Exceptional, (1008)
"Great location with a view of the harbor and close to shopping and activities. The staff at the front desk were extremely helpful and fun! "
The price is ₩222,121
₩254,097 total
includes taxes & fees
Nov 12 - Nov 13
Exeter Hotel
Alda Hotel Reykjavik
Interior detail
Alda Hotel Reykjavik
4.0 star property
9.4 out of 10, Exceptional, (1019)
"The hotel was conveniently located. The shower has no storage for personal items. Parking and unloading was a challenge"
The price is ₩238,159
₩271,571 total
includes taxes & fees
Dec 5 - Dec 6
Alda Hotel Reykjavik
Hotel Reykjavík Grand
View from room
Hotel Reykjavík Grand
4.0 star property
9.0 out of 10, Wonderful, (1012)
"Came here for our Honeymoon, stayed on the 12th floor with amazing views. There is a lovely cat named Dula that comes to visit the lobby, just snuggled the baby for hours while visiting and enjoying cocktails. The food in the restaurant makes your taste buds explode with happiness. 5 stars all around!"
The price is ₩183,717
₩210,539 total
includes taxes & fees
Nov 18 - Nov 19
Hotel Reykjavík Grand
Miðgarður by Center Hotels
Couples treatment rooms
Miðgarður by Center Hotels
4.0 star property
9.4 out of 10, Exceptional, (1044)
"Great hotel at the quieter end of Laugavegur. Very walkable, great spa area with sauna and 2 hot tubs, big comfortable room that was pretty quiet on the weekend, there was construction by the property that started very early in Monday morning. "
The price is ₩254,341
₩288,931 total
includes taxes & fees
Nov 18 - Nov 19
Miðgarður by Center Hotels
Center Hotels Arnarhvoll
Terrace/patio
Center Hotels Arnarhvoll
4.0 star property
8.8 out of 10, Excellent, (1016)
"Good clean property in city centre, good views good breakfast"
The price is ₩271,814
₩308,334 total
includes taxes & fees
Dec 4 - Dec 5
Center Hotels Arnarhvoll
The Reykjavik EDITION
Room, 1 King Bed, Terrace, City View | Hypo-allergenic bedding, minibar, in-room safe, laptop workspace
The Reykjavik EDITION
5.0 star property
9.4 out of 10, Exceptional, (333)
"Legitimately one of the nicest hotels I’ve stayed at. Appreciated the welcome drink and restaurant credit. Beautiful view from our room, very comfortable bed, and an excellent bathroom. I wish they had a couple more rooftop nights open and would love to see the club space be open in the future. "
The price is ₩440,953
₩555,816 total
includes taxes & fees
Dec 2 - Dec 3
The Reykjavik EDITION
Hotel Reykjavik Centrum
Lobby sitting area
Hotel Reykjavik Centrum
4.0 star property
9.4 out of 10, Exceptional, (1010)
"Good basic hotel"
The price is ₩238,865
₩271,753 total
includes taxes & fees
Dec 1 - Dec 2
Hotel Reykjavik Centrum
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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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, Hotel Von is a popular hotel for our travelers who want a more economical choice, and features free WiFi and a restaurant. Other options for your budget-friendly stay include Hostel B47 and Kex Hostel Reykjavík.
How many inexpensive hotels will I find in Reykjavik?
Expedia has 15 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, Nautholsvik Geothermal Beach, or Oskjuhlid Hill.
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.