Reykjavik Cheap Hotels

The Official Guide to Reykjavik Cheap Hotels – Your Trusted Source for the Best Stays!

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Good Cheap hotels in Reykjavik

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7.1
Good
3023 Reviews

From

75$/night

101 Guesthouse Hotel

Laugarvegur 101

Nestled in a shopping district, 101 Guesthouse Reykjavik is only 10 minutes' walk from the huge 1990 stainless-steel Sun Voyager Sculpture. Boasting a location within close distance of Laugavegur, the hotel offers 36 rooms together with a lounge bar onsite.

This lovely 3-star accommodation benefits from a central setting in close vicinity to the unique Icelandic Phallological Museum. Tjornin Lake is within a short walking distance of the hotel, while Snorrabraut / Hlemmur bus stop is 5 minutes' walk away. Reykjavik airport is approximately 10 minutes' drive away.

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8.4
Very good
2215 Reviews

From

131$/night

Hotel Fron

Laugavegur 22A

Hotel Fron Reykjavik is an enchanting 3-star property set within 1 km of the modern theatre "Volcano House" and within 5 minutes' walk of The Culture House National Museum. Boasting a prime location, the hotel invites guests to an à la carte restaurant serving local dishes.

Reykjavik airport is 5 km from this family-friendly accommodation, which lies in the Reykjavik 101 district. A 10-minute walk will take you into the centre of Reykjavik. One of the most important attractions in Reykjavik is the Lutheran Hallgrimskirkja Parish Church and it is located only a few minutes from the hotel. Situated in the heart of Reykjavik, the enchanting Hotel Fron is within 5 minutes' walk of Laekjartorg bus stop.

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8.8
Excellent
1582 Reviews

From

99$/night

Blue Mountain Apartments By Heimaleiga

Urtharhvarf 2

Blue Mountain Apartments Reykjavik is set nearly a 10-minute ride from Arbaer Open Air Living Museum and approximately a 15-minute drive from Laugardalslaug Geothermal Pool. Located within 15 minutes' drive of the domed fine Perlan Dining Restaurant, this 3-star aparthotel features 30 rooms with views of the mountain range.

Reykjavik airport is 15 km from the property, which lies in the Kopavogur district.

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Best Cheap Hotels In Reykjavik

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7.4
Good
1414 Reviews

From

108$/night

100 Iceland Hotel

Laugavegur 100

The 3-star 100 Iceland Hotel is placed in a downtown area of Reykjavik, within a 5-minute drive of National Museum of Iceland and 5 minutes by car from the endearingly bloodthirsty Saga Museum. Boasting hiking, cycling and darts together with a lounge bar, this Reykjavik hotel is located not very far from the Lutheran Hallgrimskirkja Parish Church.

The property offers a central location about 5 km from Reykjavik airport and not too far from the unique Icelandic Phallological Museum. Guests can reach Reykjavik city centre in 15 minutes on foot. The hotel is right near Snorrabraut / Hlemmur bus stop.

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8.2
Very good
5735 Reviews

From

199$/night

Center Hotels Plaza

Adalstraeti 4

Nestled in an entertainment district, Centerhotel Plaza Reykjavik is about a 10-minute stroll from the lifelike figures "Saga Museum". Located within a minutes' drive of the Lutheran Hallgrimskirkja Parish Church, the hotel features 255 rooms with views of the bay.

The accommodation benefits from a central setting just a few steps from The Settlement Exhibition Remnants. This comfortable hotel in Reykjavik is a mere 5 minutes' walk from the Pint-sized Icelandic Punk Offbeat Museum. The famous Volcano House lies a few metres away from the property. The 3-star Centerhotel Plaza is located 5 km from Reykjavik airport and within 5 minutes' walk of Rathhusith bus stop.

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6.1
Good
2465 Reviews

From

58$/night

Reykjavik Downtown Hotel

Skolavordustigur 42

Reykjavik Downtown Hotel is a comfortable 3-star property set less than a 5-minute walk from Cafe Loki and merely an 8-minute walk from the Pint-sized Icelandic Punk Offbeat Museum. Boasting a location only a few minutes from the Lutheran Hallgrimskirkja Parish Church, this hotel offers 19 rooms together with a lounge bar onsite.

Centrally situated in the Reykjavik 101 district, the accommodation is less than a 5-minute walk from Laugavegur. Guests can reach the centre of Reykjavik within 10 minutes' walk. Shoppers will appreciate shops, shopping streets and a shopping street close to this Reykjavik hotel. There is Baronsstigur / Egilsgata bus stop close to Reykjavik Downtown Hotel, it's around 5 minutes' walk away.

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Cheap Hotels In Downtown Reykjavik

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8.8
Excellent
2640 Reviews

From

93$/night

Icelandic Apartments By Heimaleiga

Urdarhvarf 4

Featuring Wi-Fi throughout the property, the 3-star Icelandic Apartments offers superior accommodation in Reykjavik. Arbaer Open Air Historical Museum is placed about 2.6 km away, and Laugardalsholl Stadium is 7 km from the smoke-free aparthotel.

Reykjavik airport is 15 km from the property, which lies in the Kopavogur district.

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7
Good
3201 Reviews

From

159$/night

Hotel Cabin

Borgartun 32

The 2-star Hotel Cabin Reykjavik is set nearly 20 minutes' walk from Reykjavik Family park and Zoo and around 25 minutes' walk from the famous Volcano House. Guests will have access to a car park on site for added convenience.

This Reykjavik hotel is in the Reykjavik East district of Reykjavik, a short distance to Handknitting Association of Iceland. The centre of Reykjavik is reachable within 15 minutes' walk. One of the most important attractions in Reykjavik is Solfar Sculpture and it is located about 8 minutes' walk from the hotel. Hotel Cabin bus stop is within an easy walking distance of Hotel Cabin.

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8.2
Very good
843 Reviews

From

100$/night

Alva Hotel Brautarholt

Brautarholt 22-24

Around a 16-minute stroll from Laugavegur, 22 Hill Hotel Reykjavik includes 62 rooms. The 3-star hotel offers Wi Fi in the rooms and has a desk and a photocopy machine.

The property is located in old part of Reykjavik not too far from Hlemmur. This Reykjavik hotel is 5 minutes by car from Kringlan Mall. The unique Icelandic Phallological Museum lies within walking distance from the accommodation. Filadelfia bus stop is set nearly a 5-minute walk away.

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Cheap Hotels In Reykjavik With Balcony

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8.7
Excellent
1293 Reviews

From

90$/night

Guesthouse Sunna

Thorsgata 26

Nestled in the Reykjavik 101 district, Guesthouse Sunna is within 15 minutes' walk of Harpa Concert Hall and Conference Centre. Located at a medium distance from Parking, the guest house features 49 rooms with views of the mountain.

Reykjavik centre can be reached within 10 minutes' walk. ASI Art Museum is 200 metres of this 3-star hotel, while Aurora Reykjavik Northern Lights Center Science Museum is approximately a 5-minute ride away. The Lutheran Hallgrimskirkja Parish Church lies next to the accommodation. Guesthouse Sunna is located 5 km from Reykjavik airport and merely 5 minutes on foot from Baronsstigur / Landspitalinn bus stop.

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8
Very good
2114 Reviews

From

79$/night

Guesthouse Aurora

Freyjugata 24

Guesthouse Aurora Reykjavik is a charming 2-star property set 1.1 km from The Culture House National Museum and only 0.6 km from Free Church Reykjavik. It offers basic rooms, Wi-Fi throughout the property and parking nearby.

This Reykjavik guest house enjoys a charming position in the Reykjavik 101 district of Reykjavik, within an easy walking distance of the Lutheran Hallgrimskirkja Parish Church. Located only 350 metres from The Statue of Leif Eiriksson, the hotel is reachable in a 10-minute walk from the centre of Reykjavik. Situated in the heart of Reykjavik, the property is next to Baronsstigur / Landspitalinn bus stop.

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8
Very good
1237 Reviews

From

352$/night

Fosshotel Lind

Raudararstigur 18

Within 5 minutes' stroll of Sundhollin Public Baths, the 3-star Fosshotel Lind Reykjavik includes 78 rooms. Business travellers will appreciate conveniences such as Wi Fi in public areas and access to a xerox and a work desk.

Thanks to its central location in the business district of Reykjavik, this charming hotel is in proximity to the unique Icelandic Phallological Museum. Tales from Iceland Video Museum is merely a 5-minute stroll from the hotel, while Hlemmur is only a 5-minute walk away. The property is also next to a bus stop.

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Cheap Hotels In Reykjavik With Free Parking

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8.1
Very good
2087 Reviews

From

152$/night

Igdlo Guesthouse

Gunnarsbraut 46

The 3-star Igdlo Guesthouse Reykjavik is set just 0.7 km from Sundhollin Public Baths and within 25 minutes' walk of Laugardalslaug Geothermal Pool.

The family owned guest house is placed near the Reykjavik 101 district of Reykjavik, just near The Statue of Leif Eiriksson. The centre of Reykjavik is reachable within 15 minutes' walk. One of the most important attractions in Reykjavik is Klambratun Park and it is located merely 550 metres from the hotel. Klambratun bus stop is not very far from this Reykjavik property. Igdlo Guesthouse in Reykjavik is a 10-minute drive from Reykjavik airport.

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9.1
Excellent
1301 Reviews

From

149$/night

Hotel Lotus

Alftamyri 7

The 3-star Hotel Lotus Reykjavik is set around 20 minutes' walk from Tales from Iceland Video Museum and about 20 minutes' walk from Solfar Sculpture.

The hotel offers a place to stay in the Reykjavik East district, near Reykjavik Art Museum. A 5-minute walk will take you into the centre of Reykjavik. The leading Asmundarsafn Art Museum lies a mere 5 minutes' walk from this Reykjavik hotel. The nearest bus stop is Myri, it is less than 5 minutes' walk away.

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7.4
Good

From

27$/night

Capital-Inn Hostel

Suourhlio 35D

1.4 km from the futuristic revolving glass-domed fine Perlan Dining Restaurant, Capital-Inn Hostel Reykjavik includes 30 rooms.

Reykjavik airport is 5 km from this 2-star hotel, which lies in the Reykjavik East district. Kringlan Mall is within 19 minutes' walk. The nearest bus stop is Kringlan only 0.8 km away.

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8.1
Very good
1170 Reviews

From

65$/night

Grettir Guesthouse Downtown Charm

Laugavegur 28A

Nestled in the Reykjavik 101 district, Grettir Guesthouse is less than a 9-minute walk from Laugavegur. Located a stroll from Aurora Reykjavik Northern Lights Center Science Museum, this guest house features 6 rooms with views of the city.

Reykjavik centre can be reached within 10 minutes' walk. The 2-star hotel is also less than an 11-minute walk from the Pint-sized Icelandic Punk Offbeat Museum in Reykjavik. The huge 1990 stainless-steel Sun Voyager Sculpture lies at a short distance from this accommodation. Grettir Guesthouse is located 5 km from Reykjavik airport and 500 metres of Laekjartorg bus stop.

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7.3
Good
148 Reviews

From

69$/night

Arctic Comfort Hotel

Sidumula 19

Nestled in a shopping district, Arctic Comfort Hotel Reykjavik is about a 25-minute walk from the modern art museum "Kjarvalsstathir Gallery". Guests will have access to parking on site for added convenience.

This hotel is situated in a quiet area of Reykjavik, in a short walking distance of Glaesibaer. The 3-star hotel is also a 10-minute ride from Solfar Sculpture in Reykjavik. The nearest bus stop is Armuli, about 5 minutes' walk away. Reykjavik airport lies 10 km away from Arctic Comfort Hotel and it takes about 10 minutes by car to get there.

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7.5
Very good
479 Reviews

From

61$/night

Ok Hotel

Laugavegur, 74

The 3-star Ok Hotel Reykjavik is set within a 5-minute stroll of Sundhollin Public Baths and just 1.3 km from Reykjavik Museum of Photography. Offering location within easy reach from Laugavegur, this eco-friendly aparthotel overlooks city and has an à la carte restaurant.

The smoke-free accommodation is in the Reykjavik 101 district of Reykjavik, within a 5-minute walk of the unique Icelandic Phallological Museum. The centre of Reykjavik is reachable within 15 minutes' walk. The hotel is located 5 km from Reykjavik airport and only a few minutes from Snorrabraut / Hlemmur bus stop.

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8.2
Very good
1563 Reviews

From

93$/night

Center Hotels Klopp

Klapparstig 26

Situated near a restaurant and a bar, and about a 5-minute walk from Laugavegur, the 3-star Centerhotel Klopp Reykjavik includes 46 rooms at a 0.8 km distance from Sundhollin Public Baths. This modern hotel offers WiFi throughout the property and has a work desk and a photocopier.

The family-friendly accommodation enjoys a central position in the Reykjavik 101 district of Reykjavik, a stroll from the Lutheran Hallgrimskirkja Parish Church. The Centerhotel Klopp Reykjavik is located quite close to Reykjavik's Harbour. This Reykjavik property is around a 6-minute stroll from Cafe Loki. Situated in the very heart of Reykjavik, Centerhotel Klopp is in the immediate vicinity of Laekjartorg bus stop.

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7.7
Very good
670 Reviews

From

197$/night

Hotel Hilda

Barugata 11

A mere 11 km from National Museum of Iceland, the 3-star Hotel Hilda Reykjavik includes 15 rooms.

This designer hotel is set opposite to the Neo-Gothic Roman Christ the King Catholic Cathedral, in Vesturbær, ideal for local life. Reykjavik Cathedral is within a 7-minute walk of the low-budget property and Reykjavik airport is 5 km away. You can also easily reach the Large Kolaportith Indoor Market, which is 600 metres away. The hotel is sited within short walking distance of Myrargata bus stop.

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7.3
Good
198 Reviews

From

135$/night

Nordurey Guesthouse

Snorrabraut 71

The 3-star Nordurey Guesthouse Reykjavik is set merely 1.3 km from The Sun Voyager and 10 minutes' drive from the sand Nautholsvik Geothermal Beach. Located within 20 minutes' walk of Laugavegur, this Reykjavik guest house features 10 rooms with views of the garden.

The property is in the Reykjavik 101 district of Reykjavik, just next door to Icelandic Phallological Museum. The centre of Reykjavik is reachable within 15 minutes' walk. Hallgrimskirkja lies at 700 metres from the hotel. Situated in the very heart of Reykjavik, Nordurey Guesthouse is within a short walking distance from Baronsstigur / Egilsgata bus stop.

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8.2
Very good
1990 Reviews

From

97$/night

Hotel Leifur Eiriksson

Skolavordustigur 45

The 3-star Hotel Leifur Eiriksson Reykjavik is set within 1.2 km of the contemporary lakeside Rathhus City Hall and just 350 metres from Laugavegur. Boasting a location opposite to the Lutheran Hallgrimskirkja Parish Church, this smoke-free hotel offers 45 rooms together with a snack bar onsite.

The property is in the Reykjavik 101 district of Reykjavik, just walking distance from Sundhollin Public Baths. The centre of Reykjavik is reachable within 10 minutes' walk. In addition, shops, designer shops and specialty shops are a few minutes' walk away. Situated in the heart of Reykjavik, Hotel Leifur Eiriksson is a 5-minute stroll from Baronsstigur / Egilsgata bus stop.

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6.9
Good
2125 Reviews

From

112$/night

Brim Hotel

Skipholt 27

The 2-star Brim Hotel Reykjavik is set 1.8 km from the futuristic revolving glass-domed fine Perlan Dining Restaurant and about 5 minutes' drive from the Lutheran Hallgrimskirkja Parish Church. Guests will have access to a car park on site for added convenience.

The centre of Reykjavik can be reached within 10 minutes' walk of the hotel. One of the most important attractions in Reykjavik is Hlemmur and it is located relatively near this hotel. The property is approximately a 5-minute walk from Filadelfia bus stop. Brim Hotel in Reykjavik is a 10-minute drive from Reykjavik airport.

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7.5
Very good
1304 Reviews

From

65$/night

Downtown Reykjavik Baldursbra Guesthouse

Laufasvegur 41

Approximately 14 minutes on foot from Harpa Concert Hall and Conference Centre, Baldursbra Guesthouse Laufasvegur Reykjavik includes 15 rooms.

The guest house offers a place to stay in the Reykjavik 101 district, only a short distance to Free Church Reykjavik. You will enjoy your visit to the modern art museum "Kjarvalsstathir Gallery", nearly a 5-minute drive from this Reykjavik property. The Lutheran Hallgrimskirkja Parish Church lies a stroll from the 2-star hotel. The accommodation is located 5 km from Reykjavik airport and about 5 minutes' walk from Frikirkjuvegur bus stop.

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8.1
Very good
2224 Reviews

From

149$/night

Hotel Orkin

Brautarholt 29

Within 14 km of Laugavegur, Hotel Orkin Reykjavik includes 21 rooms. The charming hotel has views of the mountain and features Wi-Fi throughout the property.

Situated in a restaurant area of Reykjavik, the property is set a short walk to Ithnu Bookshop. The hotel is also approximately a 5-minute drive from Parking in Reykjavik. The bus stop Filadelfia is located at the distance of just a walking distance from this 3-star accommodation.

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7.9
Very good
3037 Reviews

From

71$/night

Urban Rvk Studios By Heimaleiga

Armuli 13A

At a 2 km distance from Reykjavik Art Museum Kjarvalsstadir, the 2-star R13 - A Townhouse Hotel Reykjavik includes 50 rooms.

The hotel offers a place to stay in the Reykjavik East district, opposite to Laugardalsholl Stadium. Solfar Sculpture is within 25 minutes' walk of this property in Reykjavik. The leading Asmundarsafn Art Museum lies not too far from the hotel. The accommodation is located 5 km from Reykjavik airport and a 5-minute walk from Laugardalsholl bus stop.

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Reykjavik Cheap Hotels

There are many Reykjavik hotels to choose from, and a variety of reasons why travellers might want to opt for a cheap hotel.

One reason is that it can be difficult to find a centrally-located hotel that isn't expensive. Cheap hotels can be found just outside the city centre, and are still close to all the main attractions.

Another reason is that Reykjavik is an extremely expensive city to stay in. The cost of food and drinks is high, as is the cost of accommodation. A cheap hotel can help to save money on a trip to Iceland.

Furthermore, cheap hotels generally have good facilities. They often have swimming pools, gyms, restaurants and bars. This means that travellers can save money on their trip while also enjoying some of the amenities that Reykjavik has to offer.

Overall, there are many reasons why travellers might want to choose a cheap hotel when visiting Reykjavik. The city is expensive, but there are still plenty of great places to stay without breaking the bank.

Reykjavik Cheap Hotels FAQ
Which Cheap hotels are popular among city visitors?

Location

Reykjavik, Capital Region, Iceland, 101

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