Title: Iceland Cheap Hotels from CA $197: Book the Right Cheap Hotels Room in Iceland, Europe - Expedia.ca

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![Vik I Myrdal featuring landscape views and tranquil scenes](https://images.trvl-media.com/place/6130429/70b4b1fd-f619-4931-8f25-d7ff84618a31.jpg?impolicy=fcrop&w=1200&h=500&q=medium)

# Iceland Cheap Hotels from CA $197

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## Top Cities in Iceland

![Reykjavik](https://a.travel-assets.com/findyours-php/viewfinder/images/res70/128000/128369-Harpa.jpg?impolicy=fcrop&w=384&h=216&q=medium)

#### Reykjavik

[](https://expedia.ca/Reykjavik-Hotels-Cheap-Hotels.0-0-d6054688-tCheapHotels.Travel-Guide-Filter-Hotels)

![Akureyri showing a coastal town](https://a.travel-assets.com/findyours-php/viewfinder/images/res70/127000/127933-Akureyri.jpg?impolicy=fcrop&w=384&h=216&q=medium)

#### Akureyri

[](https://expedia.ca/Akureyri-Hotels-Cheap-Hotels.0-0-d302-tCheapHotels.Travel-Guide-Filter-Hotels)

![Dyrholaey showing rugged coastline as well as a large group of people](https://a.travel-assets.com/findyours-php/viewfinder/images/res70/128000/128054-Vik-I-Myrdal.jpg?impolicy=fcrop&w=384&h=216&q=medium)

#### Vik I Myrdal

[](https://expedia.ca/Vik-I-Myrdal-Hotels-Cheap-Hotels.0-0-d6130429-tCheapHotels.Travel-Guide-Filter-Hotels)

![Myvatn Nature Baths which includes a hot spring and a luxury hotel or resort as well as a small group of people](https://a.travel-assets.com/findyours-php/viewfinder/images/res70/127000/127939-Myvatn.jpg?impolicy=fcrop&w=384&h=216&q=medium)

#### Myvatn

[](https://expedia.ca/Myvatn-Hotels-Cheap-Hotels.0-0-d8842-tCheapHotels.Travel-Guide-Filter-Hotels)

![Selfoss featuring a gorge or canyon, rapids and a waterfall](https://a.travel-assets.com/findyours-php/viewfinder/images/res70/128000/128003-Selfoss.jpg?impolicy=fcrop&w=384&h=216&q=medium)

#### Selfoss

[](https://expedia.ca/Selfoss-Hotels-Cheap-Hotels.0-0-d6024942-tCheapHotels.Travel-Guide-Filter-Hotels)

## Check availability on Iceland Cheap Hotels

Tonight

[Dec 26 - Dec 27](https://www.expedia.ca/Hotel-Search?regionId=79&startDate=2025-12-26&endDate=2025-12-27&adults=2&rfrr=TG.LP.CheckPrices.Hotel&openPlayBack=true&travelerType=budget_property)

Tomorrow

[Dec 27 - Dec 28](https://www.expedia.ca/Hotel-Search?regionId=79&startDate=2025-12-27&endDate=2025-12-28&adults=2&rfrr=TG.LP.CheckPrices.Hotel&openPlayBack=true&travelerType=budget_property)

This weekend

[Dec 26 - Dec 28](https://www.expedia.ca/Hotel-Search?regionId=79&startDate=2025-12-26&endDate=2025-12-28&adults=2&rfrr=TG.LP.CheckPrices.Hotel&openPlayBack=true&travelerType=budget_property)

Next weekend

[Jan 2 - Jan 4](https://www.expedia.ca/Hotel-Search?regionId=79&startDate=2026-01-02&endDate=2026-01-04&adults=2&rfrr=TG.LP.CheckPrices.Hotel&openPlayBack=true&travelerType=budget_property)

## Our top choices for Iceland cheap hotels

![Restaurant](https://images.trvl-media.com/lodging/37000000/36800000/36796300/36796295/4578874a.jpg?impolicy=fcrop&w=357&h=201&p=1&q=medium)

![Deluxe Room](https://images.trvl-media.com/lodging/37000000/36800000/36796300/36796295/50221a1c.jpg?impolicy=fcrop&w=357&h=201&p=1&q=medium)

![Classic Single Room, Patio View | View from room](https://images.trvl-media.com/lodging/37000000/36800000/36796300/36796295/6a666d73.jpg?impolicy=fcrop&w=357&h=201&p=1&q=medium)

![Front of property](https://images.trvl-media.com/lodging/37000000/36800000/36796300/36796295/c190bbd4.jpg?impolicy=fcrop&w=357&h=201&p=1&q=medium)

### Hotel Von

[](https://www.expedia.ca/Reykjavik-Hotels-Von-Guldsmeden-Hotel.h36796295.Hotel-Information)

Downtown Reykjavik

9.4/10

Exceptional

(1000)

"Wonderful stay"

![United States](https://a.travel-assets.com/egds/marks/flags/us.svg)

David

CA $169

CA $197 total

includes taxes & fees

Jan 21 - Jan 22, 2026

[](https://www.expedia.ca/Reykjavik-Hotels-Von-Guldsmeden-Hotel.h36796295.Hotel-Information)

![Lobby sitting area](https://images.trvl-media.com/lodging/21000000/20530000/20522200/20522120/6f63978f.jpg?impolicy=fcrop&w=357&h=201&p=1&q=medium)

![Family Suite Large](https://images.trvl-media.com/lodging/21000000/20530000/20522200/20522120/7e665303.jpg?impolicy=fcrop&w=357&h=201&p=1&q=medium)

![Exterior](https://images.trvl-media.com/lodging/21000000/20530000/20522200/20522120/cf850768.jpg?impolicy=fcrop&w=357&h=201&p=1&q=medium)

![Street view](https://images.trvl-media.com/lodging/21000000/20530000/20522200/20522120/a7b4295c.jpg?impolicy=fcrop&w=357&h=201&p=1&q=medium)

### 201 Hotel

[](https://www.expedia.ca/Reykjavik-Hotels-201-Hotel.h20522120.Hotel-Information)

Kópavogur

8.6/10

Excellent

(1000)

"I had a good time at the hotel, nice and clean, the staff very polite! "

![United Kingdom](https://a.travel-assets.com/egds/marks/flags/uk.svg)

Maria

CA $302

CA $344 total

includes taxes & fees

Dec 27 - Dec 28

[](https://www.expedia.ca/Reykjavik-Hotels-201-Hotel.h20522120.Hotel-Information)

![Sauna, hot tub, 3 treatment rooms, massages](https://images.trvl-media.com/lodging/46000000/45670000/45668900/45668818/b1a57485.jpg?impolicy=fcrop&w=357&h=201&p=1&q=medium)

![Lobby sitting area](https://images.trvl-media.com/lodging/46000000/45670000/45668900/45668818/68d0a975.jpg?impolicy=fcrop&w=357&h=201&p=1&q=medium)

![Lobby sitting area](https://images.trvl-media.com/lodging/46000000/45670000/45668900/45668818/f46e89de.jpg?impolicy=fcrop&w=357&h=201&p=1&q=medium)

![Sauna, hot tub, 3 treatment rooms, massages](https://images.trvl-media.com/lodging/46000000/45670000/45668900/45668818/d3b104c7.jpg?impolicy=fcrop&w=357&h=201&p=1&q=medium)

### Grandi by Center Hotels

[](https://www.expedia.ca/Reykjavik-Hotels-Grandi-By-Center-Hotels.h45668818.Hotel-Information)

Vesturbær

9.4/10

Exceptional

(1405)

"Lovely place, good breakfast "

![United Kingdom](https://a.travel-assets.com/egds/marks/flags/uk.svg)

Mohamed Ali

CA $229

CA $262 total

includes taxes & fees

Jan 19 - Jan 20, 2026

[](https://www.expedia.ca/Reykjavik-Hotels-Grandi-By-Center-Hotels.h45668818.Hotel-Information)

![Lobby sitting area](https://images.trvl-media.com/lodging/1000000/980000/978800/978797/bdedb2a4.jpg?impolicy=fcrop&w=357&h=201&p=1&q=medium)

![Front of property](https://images.trvl-media.com/lodging/1000000/980000/978800/978797/ce1d7448.jpg?impolicy=fcrop&w=357&h=201&p=1&q=medium)

![Bar (on property)](https://images.trvl-media.com/lodging/1000000/980000/978800/978797/58493768.jpg?impolicy=fcrop&w=357&h=201&p=1&q=medium)

![Lobby lounge](https://images.trvl-media.com/lodging/1000000/980000/978800/978797/2dd0e73b.jpg?impolicy=fcrop&w=357&h=201&p=1&q=medium)

### Fosshotel Barón

[](https://www.expedia.ca/Reykjavik-Hotels-Fosshotel-Baron.h978797.Hotel-Information)

Downtown Reykjavik

8.6/10

Excellent

(1008)

"Nice staff, great breakfast "

![United Kingdom](https://a.travel-assets.com/egds/marks/flags/uk.svg)

Laragh Eleanor

CA $184

CA $213 total

includes taxes & fees

Jan 15 - Jan 16, 2026

[](https://www.expedia.ca/Reykjavik-Hotels-Fosshotel-Baron.h978797.Hotel-Information)

![Suite, Harbour View (with Sauna & Gym Access) | View from room](https://images.trvl-media.com/lodging/23000000/22270000/22267000/22266982/8c9f7cc9.jpg?impolicy=fcrop&w=357&h=201&p=1&q=medium)

![Meeting facility](https://images.trvl-media.com/lodging/23000000/22270000/22267000/22266982/0336313e.jpg?impolicy=fcrop&w=357&h=201&p=1&q=medium)

![Deluxe Double or Twin Room, Harbour View (with Sauna & Gym Access)](https://images.trvl-media.com/lodging/23000000/22270000/22267000/22266982/269eee16.jpg?impolicy=fcrop&w=357&h=201&p=1&q=medium)

![Suite, Harbour View (with Sauna & Gym Access)](https://images.trvl-media.com/lodging/23000000/22270000/22267000/22266982/70e22177.jpg?impolicy=fcrop&w=357&h=201&p=1&q=medium)

### Exeter Hotel

[](https://www.expedia.ca/Reykjavik-Hotels-Exeter-Hotel.h22266982.Hotel-Information)

Downtown Reykjavik

9.4/10

Exceptional

(1001)

"Great place to stay"

![United States](https://a.travel-assets.com/egds/marks/flags/us.svg)

Dana

CA $229

CA $263 total

includes taxes & fees

Jan 13 - Jan 14, 2026

[](https://www.expedia.ca/Reykjavik-Hotels-Exeter-Hotel.h22266982.Hotel-Information)

![Property entrance](https://images.trvl-media.com/lodging/9000000/8130000/8120100/8120033/940267ad.jpg?impolicy=fcrop&w=357&h=201&p=1&q=medium)

![Egyptian cotton sheets, premium bedding, in-room safe, desk](https://images.trvl-media.com/lodging/9000000/8130000/8120100/8120033/53fdbba9.jpg?impolicy=fcrop&w=357&h=201&p=1&q=medium)

![Hallway](https://images.trvl-media.com/lodging/9000000/8130000/8120100/8120033/d739eb2a.jpg?impolicy=fcrop&w=357&h=201&p=1&q=medium)

![Dinner served](https://images.trvl-media.com/lodging/9000000/8130000/8120100/8120033/8400ce26.jpg?impolicy=fcrop&w=357&h=201&p=1&q=medium)

### Alda Hotel Reykjavik

[](https://www.expedia.ca/Reykjavik-Hotels-Alda-Hotel-Reykjavik.h8120033.Hotel-Information)

Downtown Reykjavik

9.4/10

Exceptional

(1148)

"Location, staff and service were all perfect!!"

![United States](https://a.travel-assets.com/egds/marks/flags/us.svg)

LAURA

CA $224

CA $257 total

includes taxes & fees

Jan 8 - Jan 9, 2026

[](https://www.expedia.ca/Reykjavik-Hotels-Alda-Hotel-Reykjavik.h8120033.Hotel-Information)

![Daily buffet breakfast (ISK 2350 per person)](https://images.trvl-media.com/lodging/23000000/22640000/22632500/22632426/adcdc0fd.jpg?impolicy=fcrop&w=357&h=201&p=1&q=medium)

![Family Room, Private Bathroom](https://images.trvl-media.com/lodging/23000000/22640000/22632500/22632426/18c9f525.jpg?impolicy=fcrop&w=357&h=201&p=1&q=medium)

![Reception](https://images.trvl-media.com/lodging/23000000/22640000/22632500/22632426/d8464176.jpg?impolicy=fcrop&w=357&h=201&p=1&q=medium)

![Garden](https://images.trvl-media.com/lodging/23000000/22640000/22632500/22632426/9226b050.jpg?impolicy=fcrop&w=357&h=201&p=1&q=medium)

### Adventure Hotel Hof

[](https://www.expedia.ca/Fagurholsmyri-Hotels-Adventure-Hotel-Hof.h22632426.Hotel-Information)

Fagurholsmyri

8.4/10

Very good

(544)

"Amazing place!"

![United States](https://a.travel-assets.com/egds/marks/flags/us.svg)

Anthony

[](https://www.expedia.ca/Fagurholsmyri-Hotels-Adventure-Hotel-Hof.h22632426.Hotel-Information)

![Front of property](https://images.trvl-media.com/lodging/1000000/50000/45500/45483/1f0fc067.jpg?impolicy=fcrop&w=357&h=201&p=1&q=medium)

![View from room](https://images.trvl-media.com/lodging/1000000/50000/45500/45483/02da8369.jpg?impolicy=fcrop&w=357&h=201&p=1&q=medium)

![Meeting facility](https://images.trvl-media.com/lodging/1000000/50000/45500/45483/a9566b43.jpg?impolicy=fcrop&w=357&h=201&p=1&q=medium)

![Junior Suite | Living area](https://images.trvl-media.com/lodging/1000000/50000/45500/45483/3bf5687e.jpg?impolicy=fcrop&w=357&h=201&p=1&q=medium)

### Hotel Reykjavík Grand

[](https://www.expedia.ca/Reykjavik-Hotels-Grand-Hotel-Reykjavik.h45483.Hotel-Information)

Laugardalur

9.0/10

Wonderful

(1001)

"Great location loved my stay. "

![United States](https://a.travel-assets.com/egds/marks/flags/us.svg)

Shirley

CA $225

CA $258 total

includes taxes & fees

Jan 4 - Jan 5, 2026

[](https://www.expedia.ca/Reykjavik-Hotels-Grand-Hotel-Reykjavik.h45483.Hotel-Information)

![Free daily buffet breakfast](https://images.trvl-media.com/lodging/23000000/22350000/22348400/22348352/2edb64a8.jpg?impolicy=fcrop&w=357&h=201&p=1&q=medium)

![Deluxe Room, 1 Queen Bed](https://images.trvl-media.com/lodging/23000000/22350000/22348400/22348352/1f93d4e3.jpg?impolicy=fcrop&w=357&h=201&p=1&q=medium)

![40-inch Smart TV with satellite channels, TV, Netflix](https://images.trvl-media.com/lodging/23000000/22350000/22348400/22348352/c0f31387.jpg?impolicy=fcrop&w=357&h=201&p=1&q=medium)

![40-inch Smart TV with satellite channels, TV, Netflix](https://images.trvl-media.com/lodging/23000000/22350000/22348400/22348352/942eda6b.jpg?impolicy=fcrop&w=357&h=201&p=1&q=medium)

### Hótel Varmaland

[](https://www.expedia.ca/Borgarnes-Hotels-Hotel-Varmaland.h22348352.Hotel-Information)

Borgarnes

9.4/10

Exceptional

(425)

"Breakfast and the view."

![United States](https://a.travel-assets.com/egds/marks/flags/us.svg)

Cecile

[](https://www.expedia.ca/Borgarnes-Hotels-Hotel-Varmaland.h22348352.Hotel-Information)

![Desk, soundproofing, iron/ironing board, free WiFi](https://images.trvl-media.com/lodging/70000000/69950000/69944500/69944462/64c25abb.jpg?impolicy=fcrop&w=357&h=201&p=1&q=medium)

![Property entrance](https://images.trvl-media.com/lodging/70000000/69950000/69944500/69944462/ad91ea6e.jpg?impolicy=fcrop&w=357&h=201&p=1&q=medium)

![Premium Triple Room with 1 Double Bed and 1 Single Bed](https://images.trvl-media.com/lodging/70000000/69950000/69944500/69944462/f9c7f8b7.jpg?impolicy=fcrop&w=357&h=201&p=1&q=medium)

![Standard Double Room, Private Bathroom](https://images.trvl-media.com/lodging/70000000/69950000/69944500/69944462/f7376b63.jpg?impolicy=fcrop&w=357&h=201&p=1&q=medium)

### ABC Hotel by Reykjavik Keflavik Airport

[](https://www.expedia.ca/Reykjavik-Hotels-ABC-Hotel.h69944462.Hotel-Information)

Reykjanesbær

7.4/10

Good

(788)

"Clean room, friendly staff, didn't have my charger handy and staff helped me out with their charger"

![United States](https://a.travel-assets.com/egds/marks/flags/us.svg)

Zoran

[](https://www.expedia.ca/Reykjavik-Hotels-ABC-Hotel.h69944462.Hotel-Information)

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 Iceland Hotel Reviews

![Hotel Reykjavík Grand](https://images.trvl-media.com/lodging/1000000/50000/45500/45483/1f0fc067_y.jpg)

### Hotel Reykjavík Grand

10/10 Excellent

"Good location. Easy and safe walk to Reykjavik city centre. Tours/Flybus pick up and drop off from directly outside the hotel. The hotel itself is lovely and clean. Great choice at the buffet breakfast and the restaurant food is delicious "

[](https://expedia.ca/Reykjavik-Hotels-Grand-Hotel-Reykjavik.h45483.Hotel-Information)

![Kvosin Downtown Hotel](https://images.trvl-media.com/lodging/7000000/6530000/6528000/6527995/c4046d53_y.jpg)

### Kvosin Downtown Hotel

10/10 Excellent

"Wonderful hotel within a short walking distance to shopping and restaurants. Definitely recommend!"

[](https://expedia.ca/Reykjavik-Hotels-Kvosin-Downtown-Hotel.h6527995.Hotel-Information)

![Aurora Hotel at Reykjavik-Keflavik Airport Terminal KEF](https://images.trvl-media.com/lodging/7000000/6570000/6567400/6567348/d854117b_y.jpg)

### Aurora Hotel at Reykjavik-Keflavik Airport Terminal KEF

10/10 Excellent

"Great hotel within walking distance to airport and car rentals "

[](https://expedia.ca/Reykjavik-Hotels-Aurora-Hotel-At-Reykjavik-Keflavik-Airport-Terminal-KEF.h6567348.Hotel-Information)

![Grandi by Center Hotels](https://images.trvl-media.com/lodging/46000000/45670000/45668900/45668818/b1a57485_y.jpg)

### Grandi by Center Hotels

10/10 Excellent

"All good 👍"

[](https://expedia.ca/Reykjavik-Hotels-Grandi-By-Center-Hotels.h45668818.Hotel-Information)

![The Reykjavik EDITION](https://images.trvl-media.com/lodging/72000000/71620000/71618300/71618236/00208474_y.jpg)

### The Reykjavik EDITION

10/10 Excellent

"Everything was great"

[](https://expedia.ca/Reykjavik-Hotels-The-Reykjavik-EDITION.h71618236.Hotel-Information)

![KEX Hostel and Hotel Reykjavik](https://images.trvl-media.com/lodging/23000000/22840000/22832400/22832352/12358e93_y.jpg)

### KEX Hostel and Hotel Reykjavik

10/10 Excellent

"What an amazing hostel. Really liked this place. Felt very safe, spacious, clean, comfy beds. Great storage space in kitchen for food and to cook. Lots of seating on each floor. Fantastic reception and staff. Ideal location, stunning views and seen the northern lights across the road from the hostel. Easy walking distance to main town area. Grocery store round the corner, 3 minute walk and open from 8am until midnight. Lockers in room so bring a padlock. Never queued for showers or toilets. Amazing place and fab price"

[](https://expedia.ca/Reykjavik-Hotels-Kex-Hostel-Reykjavik.h22832352.Hotel-Information)

![Alda Hotel Reykjavik](https://images.trvl-media.com/lodging/9000000/8130000/8120100/8120033/940267ad_y.jpg)

### Alda Hotel Reykjavik

10/10 Excellent

"My only disappointment was that the breakfast and parking where very expensive "

[](https://expedia.ca/Reykjavik-Hotels-Alda-Hotel-Reykjavik.h8120033.Hotel-Information)

![Center Hotels Plaza](https://images.trvl-media.com/lodging/2000000/1380000/1379300/1379245/e01fc18c_y.jpg)

### Center Hotels Plaza

10/10 Excellent

"Clean room, awesome location"

[](https://expedia.ca/Reykjavik-Hotels-Center-Hotels-Plaza.h1379245.Hotel-Information)

![Hótel Kría](https://images.trvl-media.com/lodging/23000000/22850000/22847400/22847314/789bec52_y.jpg)

### Hótel Kría

10/10 Excellent

"The room was clean, the staff were very friendly and helpful! Location is excellent! No gym and pool but there was a game room on the second floor. "

[](https://expedia.ca/Vik-I-Myrdal-Hotels-Hotel-Kria.h22847314.Hotel-Information)

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