Find Cheap Hotels in Reykjavik from CA $74

Most hotels are fully refundable. Because flexibility matters.

Save an average of 15% on thousands of hotels with Expedia Rewards

Search over 2.9 million properties and 550 airlines worldwide

Find properties with these dates

Top Reykjavik Cheap Hotels

Domus Guesthouse - Hostel
2.0 star property
9.6 out of 10, Exceptional, (4)
"Great location, only problem there is no 24reception, so if you are arriving late, you have to check in at the hotel in front."
Domus Guesthouse - Hostel
Hotel Von
3.5 star property
9.4 out of 10, Exceptional, (754)
"Hotel Von is situated in an excellent location, right in the middle of the city center. It is close to many landmarks and attractions of Reykjavik and has lots of dining and entertainment options. The hotel staff were wonderful: very helpful and friendly. We also enjoyed having our breakfast there (not included) and would definitely recommend Hotel Vonti anyone visiting the city."
The price is CA $160
CA $184 total
includes taxes & fees
May 13 - May 14
Hotel Von
Student Hostel
2.0 star property
9.4 out of 10, Exceptional, (38)
"Stayed in the newer section and the kitchen was really nice and spacious. It was also quiet at night, and front desk was very helpful. "
Student Hostel
Lækur Hostel
2.0 star property
8.8 out of 10, Excellent, (57)
"This was an awesome small hostel, one of the best I've ever stayed at. It's obvious whoever designed it has been a backpacker themselves as small things like free lockers (if you have a padlock (you can rent on if you don't, but who doesn't have a couple on their zippers on their bags?) are located outside of the dorm rooms. Important as someone looking for things isn't noisily doing that in room with others. Likewise the toilets and showers (all seperate individual stand alones, I think there...
The price is CA $325
CA $375 total
includes taxes & fees
May 15 - May 16
Lækur Hostel
Refurinn Reykjavik Guesthouse - Hostel
2.0 star property
8.8 out of 10, Excellent, (29)
"This is perfect for one night or a couple nights. Was clean, had everything we needed. Didn’t see any staff but we had excellent instructions so was no problem. The room itself is quite small but was perfect for one night. Would absolutely stay here again "
The price is CA $201
CA $232 total
includes taxes & fees
May 20 - May 21
Refurinn Reykjavik Guesthouse - Hostel
Kex Hostel Reykjavík
2.0 star property
8.6 out of 10, Excellent, (386)
"Great place and location "
The price is CA $110
CA $130 total
includes taxes & fees
May 13 - May 14
Kex Hostel Reykjavík
Baron's Hostel
2.0 star property
8.6 out of 10, Excellent, (30)
"Nice and quiet."
The price is CA $157
CA $181 total
includes taxes & fees
May 20 - May 21
Baron's Hostel
Hostel B47
2.0 star property
8.4 out of 10, Very good, (109)
"Very convenient location with reasonable price."
The price is CA $74
CA $89 total
includes taxes & fees
May 17 - May 18
Hostel B47
B14 Hostel
3.0 star property
8.4 out of 10, Very good, (49)
"The staff was amazing and very welcoming. Really recommend. "
B14 Hostel
101 Hostel
1.5 star property
8.2 out of 10, Very good, (17)
"Comfortable place close to bars and shopping. Easy check in (just called and got the code for the door). "
101 Hostel
Don't see what you're looking for?
See all available properties in Reykjavik
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.

2-star hotels in Reykjavik

Reykjavik Cheap Hotels information

 

Cheap Hotels in Reykjavik

15

Highest price
CA $325
Cheapest price
CA $74
Number of guest reviews
1,852
Total number of hotels in Reykjavik
1,013

 

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.

Recent Reviews in Reykjavik
Expedia verified reviews