A coastal town with colorful buildings, a large body of water, and snow-capped mountains in the background.

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Check availability on Reykjavik Cheap Hotels

Tonight
Oct 26 - Oct 27
Tomorrow
Oct 27 - Oct 28
This weekend
Oct 30 - Nov 1
Next weekend
Nov 6 - Nov 8

Our top choices for Reykjavik cheap hotels

A hot tub with two people in it, surrounded by wooden decking and plants.
A modern interior with a yellow sofa, white round tables, and pendant lighting.
A staircase with a wall-mounted sign reading "HOT TUB" and a green abstract drawing.
A modern building with a 'City Hub' sign, large windows, and a neon geometric design.

1. CityHub Reykjavik

CityHub Reykjavik
Downtown Reykjavik
Canada
Chloe
CA $115
CA $138 total
includes taxes & fees
Nov 3 - Nov 4
CityHub Reykjavik
A hot tub with wooden railings, surrounded by lanterns and a scenic mural.
A modern building with multiple floors, large windows, and a well-lit storefront.
A modern reception area with a speckled reception desk, wooden paneling, and a large window with a city view.
A bar area with a long counter, stools, and hanging pendant lights.

2. Alda Hotel Reykjavik

Alda Hotel Reykjavik
Downtown Reykjavik
United States
joanne
CA $213
CA $246 total
includes taxes & fees
Nov 2 - Nov 3
Alda Hotel Reykjavik
A modern living room with a grey sofa, a pink ottoman, a black coffee table, and a dining area with a round table and chairs.
A dining area with a wooden table and black chairs, a modern pendant light, and a kitchen with black cabinets and a white dishwasher.
A modern building with a wooden deck, a metal staircase, and a view of the cityscape.
A modern kitchen with a built-in coffee machine, a sink, and a dishwasher.

3. Reykjavik Residence Apartment Hotel

Reykjavik Residence Apartment Hotel
Downtown Reykjavik
United States
Jenina
CA $292
CA $333 total
includes taxes & fees
Nov 23 - Nov 24
Reykjavik Residence Apartment Hotel
A modern indoor pool area with glass walls and warm lighting.
A modern dining area with round tables, blue cushioned seating, and pendant lighting.
A modern bar area with a curved counter, bar stools, and a variety of bottles and glasses.
A cozy living room with a wooden sofa, a small side table, and a decorative lamp.

4. Grandi by Center Hotels

Grandi by Center Hotels
Vesturbær
United States
Bethney L
CA $252
CA $289 total
includes taxes & fees
Nov 23 - Nov 24
Grandi by Center Hotels
A spacious indoor area with a long dining table, wicker chairs, and a mix of seating arrangements.
A modern lounge area with a central fireplace, a bookshelf, and comfortable seating.
A modern hotel lobby with a reception desk, a bar area, and a large stained glass window.
A hotel with a modern architectural design, featuring a prominent vertical sign and a glass facade.

5. Hotel Reykjavík Grand

Hotel Reykjavík Grand
Laugardalur
United States
ALEXANDER
CA $239
CA $275 total
includes taxes & fees
Nov 25 - Nov 26
Hotel Reykjavík Grand
A terrace with outdoor seating, a view of the sea, and a building with large windows.
A modern bathroom with a large sink, towel racks, and a shower area.
A modern dining area with a long table, chairs, and a black leather sofa with cushions.
A hotel room with a bed, a chair, a view of a lake and mountains, and a thermostat on the wall.

6. Center Hotels Arnarhvoll

Center Hotels Arnarhvoll
Downtown Reykjavik
United States
debbie
CA $207
CA $244 total
includes taxes & fees
Nov 26 - Nov 27
Center Hotels Arnarhvoll
A modern indoor pool with a concrete interior, two potted plants, and a staircase leading to a higher level.
A modern reception area with wooden reception desk, black chairs, and potted plants.
A staircase leading to a rooftop garden with a water feature and a view of the cityscape.
A modern interior with a reception desk labeled "GYM&SPA" and a wooden floor.

7. Miðgarður by Center Hotels

Miðgarður by Center Hotels
Tún
United States
Kennedy
CA $233
CA $267 total
includes taxes & fees
Nov 24 - Nov 25
Miðgarður by Center Hotels
A modern lobby with a central seating area, a reception desk, and a bar.
A restaurant with wooden tables, green and orange chairs, and hanging spherical lights.
A bar area with wooden barrels, leather chairs, and a stone wall backdrop.
A bar area with a stone wall, wooden counter, and various bottles. There are bar stools and a seating area with a table and chairs.

8. Fosshotel Reykjavik

Fosshotel Reykjavik
Laugardalur
Canada
Carron
CA $250
CA $286 total
includes taxes & fees
Nov 16 - Nov 17
Fosshotel Reykjavik
A hotel room with a large window, a bed, and a view of a cityscape.
A modern building with large glass windows, a wooden deck, and a view of a ship.
A corner of a room with a wooden bench, a large window, and a visible exit sign.
A modern interior with seating areas, a bar, and a visible store named 'DEFC'.

9. Exeter Hotel

Exeter Hotel
Downtown Reykjavik
United States
Jeanne
CA $219
CA $254 total
includes taxes & fees
Nov 25 - Nov 26
Exeter Hotel
A modern cafe with wooden tables, chairs, and a brick counter.
Room
A modern cafe with a long counter, seating area, and a visible menu board.
A shelf with various decorative items including a globe, a bird illustration, and a chess piece.

10. Center Hotels Plaza

Center Hotels Plaza
Downtown Reykjavik
United States
Marilyn
CA $215
CA $252 total
includes taxes & fees
Nov 26 - Nov 27
Center Hotels Plaza
View all properties

Find out more about Reykjavik

Discover cheap things to do in Reykjavik

For budget-conscious travellers exploring Reykjavik, the city offers a delightful mix of affordable attractions and activities that don’t compromise on experience. Start your day at a local geothermal pool, where you can soak in warm waters while enjoying stunning views of the surrounding landscape—an inexpensive way to relax and mingle with locals. Next, take a stroll along the vibrant waterfront, where you can admire the unique architecture and perhaps catch a glimpse of the northern lights in the winter months. Art enthusiasts will appreciate the numerous galleries showcasing local talent, many of which host free exhibitions. For a taste of Icelandic culture, visit one of the city’s many public parks where you can enjoy a picnic with local snacks from nearby bakeries. Finally, don't miss the chance to explore the lively downtown area, filled with charming shops and street performances, making it a perfect spot to soak up the local atmosphere. Staying in this central area not only gives you easy access to these activities but also allows you to find affordable hotels that provide comfort and attentive service, ensuring a memorable stay without breaking the bank.

Find the best cheap hotels in Reykjavik

For budget-conscious travellers heading to Reykjavik, these top five hotels offer outstanding value without compromising comfort or convenience.Guesthouse Sunna

  • Why it's great for a budget-friendly vacation: Guesthouse Sunna offers budget travellers a delightful stay with a stellar review rating of 9.2. This guesthouse features free Wi-Fi and self-parking, making it easy for guests to stay connected and explore the surroundings without worry. Additionally, the accommodation provides shared kitchen facilities, allowing for affordable meal preparations.
  • Other amenities: Further amenities include a daily housekeeping service, a variety of kitchen appliances such as a microwave and stovetop, and communal dining areas. The hotel also offers rollaway extra beds at no charge, making it a flexible choice for groups or families. With its central location, guests will find themselves perfectly situated to enjoy the attractions of downtown Reykjavik.
  • 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 stands out as an excellent option for budget-conscious visitors to Reykjavik, backed by a strong review rating of 9.2. This hotel offers free Wi-Fi and essential toiletries, making it a practical choice for guests looking to save. The 24-hour airport shuttle service adds to the convenience, ensuring seamless travel to and from the airport.
  • Other amenities: Guests can enjoy the comfort of in-room amenities such as a kitchenette equipped with a microwave, oven, and refrigerator, perfect for those who prefer to prepare their own meals. The apartments also feature a yard and concierge service to enhance the stay. With nearby shopping districts and outdoor adventures like hiking and biking, guests can explore Reykjavik without breaking the bank.
  • 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

Reykjavik Marina - Berjaya Iceland Hotels

Reykjavik Marina - Berjaya Iceland Hotels

10/10 Excellent
"Good location. Walking distance to many restaurants and shopping. Rooms are spacious and very clean. Nice staff"
Maria 1-night trip
Posted less than an hour ago
Reykjavik Marina - Berjaya Iceland Hotels
Reykjavik Residence Apartment Hotel

Reykjavik Residence Apartment Hotel

10/10 Excellent
"Loved this apartment hotel. So central and room was great. Highly reccommend"
Lindsay 4-night trip
Posted 3 hours ago
Reykjavik Residence Apartment Hotel
Fosshotel Reykjavik

Fosshotel Reykjavik

10/10 Excellent
"clean room, good restaurant, easy parking close by"
Kenneth 3-night trip
Posted 12 hours ago
Fosshotel Reykjavik
Miðgarður by Center Hotels

Miðgarður by Center Hotels

10/10 Excellent
"Everything was fabulous"
Laura 4-night trip
Posted 20 hours ago
Miðgarður by Center Hotels
Center Hotels Plaza

Center Hotels Plaza

10/10 Excellent
"Lovely hotel. We arrived on a Saturday and were pleasantly surprised that our room was ready a couple of hours before check-in, which was greatly appreciated after traveling. We stayed in Room 808 (an executive room,) which was clean, comfortable, and appeared to have been refreshed recently. One unique feature was the shared balcony on the 8th floor, where we were lucky enough to see the Northern Lights one evening. Access is through a door outside the guest rooms rather than directly from the room itself, which we actually preferred. Some rooms do have direct balcony access, so if you use the shared space, just be mindful of noise and avoid standing directly in front of other guests' doors. The breakfast was quite good. There was a nice selection of coffee and tea, eggs, bacon, sausage, skyr, fresh fruit, assorted breads, and pastries, which gave us plenty of options before heading out for the day. The only issue we encountered was that a couple of days into our stay I noticed I had been charged the full cost of the room on my credit card even though I had prepaid through Hotels.com. When I mentioned it at the front desk, the staff quickly looked into it and processed a refund right away. Overall, we had a very pleasant stay. The room was clean, the staff was helpful, the breakfast was good, and the early check-in was a wonderful surprise. I'd happily stay here again and would recommend it to others visiting Iceland."
Chelsie 6-night trip
Posted 1 day ago
Center Hotels Plaza
Center Hotels Arnarhvoll

Center Hotels Arnarhvoll

10/10 Excellent
"I stayed at the Center Hotel for a week. The staff and services were great, and the Sky Bar and Spa are totally worth trying out. It is very close to the Harpa Center, the ocean and a walkable distance to all the cool spots in the city. I would highly recommend choosing the Center Hotel for your next stay in Iceland."
Haylee 7-night trip
Posted 1 day ago
Center Hotels Arnarhvoll

Frequently asked questions

Which are the best hotels to stay in Reykjavik as a budget traveler?
For budget-conscious travellers exploring Reykjavik, excellent choices include Reykjavik Treasure, Skuggi Hotel by Keahotels, and Reykjavik Lights by Keahotels.Reykjavik Treasure, a 3-star hotel with an outstanding 9.6 rating, offers a truly delightful experience. Guests frequently praise its delicious free continental breakfast, convenient location, and lovely rooms. Free toiletries and free WiFi are also included, adding to the value.Another solid option is the 3-star Skuggi Hotel by Keahotels, rated 9.2. This hotel provides a great start to your day with a free buffet breakfast. Travellers appreciate its excellent location, comfortable and clean rooms, and the friendly, helpful staff. Free self-parking and free WiFi are also valuable amenities.The 3-star Reykjavik Lights by Keahotels, also with a 9.2 rating, is a popular choice. Guests consistently highlight the friendly and helpful staff, nice and clean rooms, and a great free continental breakfast.
How much does a budget hotel in Reykjavik cost?
Budget hotel prices in Reykjavik vary, but you can find a great deal from CA $107 on Expedia. To find the cheapest budget hotels, be flexible with your dates—typically, off-peak and mid-week stays are cheaper. Stretch your budget further by looking for hotels with free breakfast, free parking or free airport shuttles. Sort your search results by "Price: low to high" to see our lowest rates.
What are the top-rated cheap hotels for families in Reykjavik?
For families seeking affordable and highly-rated accommodation in Reykjavik, excellent choices include Rey Apartments, Hotel Fron, and Fosshotel Barón.Rey Apartments, a 3-star property with an impressive 9.2 rating, is particularly well-suited for families. Guests consistently praise its great location and the helpful staff. The inclusion of a kitchen in each apartment is a significant advantage for families wishing to prepare their own meals, and free WiFi is provided. Free cribs are available, and the hotel offers a 24-hour airport shuttle service for convenience.Hotel Fron, also a 3-star hotel with an 8.8 rating, is another fantastic option. Its excellent location is frequently highlighted by guests, as are the spacious and clean rooms. Families will appreciate the complimentary buffet breakfast, ensuring a good start to the day without extra cost. Free WiFi is available throughout the hotel.Fosshotel Barón, a 3-star hotel rated 8.6, is known for its convenient location and friendly, helpful staff. Families will find the rooms spacious and clean, and free cribs are provided. The breakfast receives excellent reviews from guests, and the hotel offers a 24-hour airport shuttle service.
What cheap hotels in Reykjavik offer complimentary breakfast?
For budget-friendly hotels in Reykjavik that offer complimentary breakfast, you have several excellent choices, including Reykjavik Treasure, Skuggi Hotel by Keahotels, Reykjavik Lights by Keahotels, Storm Hotel by Keahotels, and Hotel Fron.Reykjavik Treasure, a 3-star hotel with an outstanding 9.6 rating, provides a delicious complimentary continental breakfast. Guests frequently praise its convenient location and the lovely rooms.The 3-star Skuggi Hotel by Keahotels, rated 9.2, offers a free buffet breakfast and complimentary self-parking, which is a great value in Reykjavik. Reviewers often highlight its excellent location, comfortable rooms, and friendly staff.Another great option is the 3-star Reykjavik Lights by Keahotels, also with a 9.2 rating. This hotel includes a free continental breakfast and free self-parking, with guests often commending the friendly staff and nice, clean rooms.Storm Hotel by Keahotels, a 3-star property with a 9.2 rating, provides a complimentary buffet breakfast. Reviewers consistently mention the helpful staff, comfortable rooms, and convenient location.Lastly, Hotel Fron, a 3-star hotel rated 8.8, includes a free buffet breakfast.
When is the most affordable time to visit Reykjavik?
The most affordable time to visit Reykjavik is generally during the shoulder seasons, specifically from late September to November and again from February to early May. During these periods, you'll find lower prices on flights and accommodation compared to the peak summer months.Solo travellers looking for value will appreciate the noticeable drop in hotel rates and flight costs. While the weather can be unpredictable, these months still offer opportunities to experience the Northern Lights without the intense competition and higher prices of mid-winter. It's also a great time to find deals on guided tours, which are often essential for exploring outside the city.For couples, travelling in the shoulder season means a more intimate experience of Reykjavik's attractions. Many museums and galleries are less crowded, and you can often enjoy quieter moments at popular spots like the Blue Lagoon (booking ahead is still wise).
Are there any cheap Reykjavik hotels near Reykjavik Pond?
Yes, there are several excellent and affordable hotels near Reykjavik Pond that offer great value for travellers.The 3-star Reykjavik Treasure hotel, with an outstanding rating of 9.6, is highly recommended. Guests consistently praise its delicious free continental breakfast, and its convenient location makes exploring the area effortless. Free WiFi and complimentary toiletries are also provided, ensuring a comfortable stay.Another fantastic option is the 3-star Skuggi Hotel by Keahotels, rated 9.2. This hotel offers a great free buffet breakfast, free self-parking, and free WiFi. Its excellent location is a major plus for guests, and the comfortable, clean rooms are complemented by friendly and helpful staff.Also from the Keahotels group, the 3-star Reykjavik Lights by Keahotels, rated 9.2, provides great value with its free continental breakfast, free self-parking, and free WiFi. Guests frequently comment on the friendly and helpful staff, as well as the nice and clean rooms.For a hotel with a slightly different feel, the 3-star Hotel Local 101, with a 9.4 rating, is another great choice. It offers free toiletries, free WiFi, and free parking at a nearby location. Reviewers consistently highlight the amazing and friendly staff, excellent rooms, and good breakfast.Finally, the 3-star City Center Hotel, rated 9.2, is much-loved for its superb location and comfortable, clean rooms.
What cheap hotels in Reykjavik offer cooking facilities or kitchenettes?
For budget-friendly hotels in Reykjavik offering cooking facilities or kitchenettes, excellent options include Rey Apartments, Hotel Fron, and Hótel Múli.Rey Apartments, a 3-star property with a superb 9.2 rating, provides private kitchens within its accommodations, allowing guests to prepare their own meals. Reviewers frequently praise its superb location and the helpfulness of its staff.Another great choice is the 3-star Hotel Fron, rated 8.8 by customers. Many of its rooms come equipped with kitchenettes, and guests also benefit from a complimentary buffet breakfast, adding extra value to their stay. Its central location also receives frequent praise.Hótel Múli, also a 3-star hotel with an 8.8 rating, offers rooms with convenient kitchenettes.
Which cheap hotels in Reykjavik have good reviews for customer service?
For affordable hotels in Reykjavik with excellent customer service, travellers often recommend Reykjavik Treasure, Skuggi Hotel by Keahotels, and Reykjavik Lights by Keahotels.The 3-star Reykjavik Treasure, with an impressive 9.6 rating, is highly praised by guests for its great staff. It also offers complimentary breakfast, including a continental option, and free WiFi, adding to its value.Skuggi Hotel by Keahotels, a 3-star establishment rated 9.2, consistently receives positive feedback for its friendly and helpful front desk staff and good service overall. Guests will also appreciate the free buffet breakfast and complimentary self-parking.Another excellent choice is the 3-star Reykjavik Lights by Keahotels, also rated 9.2. Reviewers frequently highlight the great and excellent service, with staff being described as friendly and helpful. This hotel also provides free breakfast, including a continental option, and free WiFi.The 3-star Rey Apartments, with a 9.2 rating, is known for its great and helpful staff. Its amenities include free WiFi and a kitchen in each apartment, which is a practical feature for budget-conscious travellers.Finally, the 3-star Storm Hotel by Keahotels, rated 9.2, is frequently commended for its great customer service and helpful, friendly staff, particularly at reception.
Are there any cheap hotels in Reykjavik that allow for late check-out or early check-in?
Yes, there are several budget-friendly hotels in Reykjavik that can accommodate early check-ins or late check-outs, though specific policies often depend on availability.The 3-star Skuggi Hotel by Keahotels, with an excellent rating of 9.2, is a strong contender. While early check-in availability may vary, guests frequently praise the complimentary buffet breakfast and free Wi-Fi, adding to its overall value.Another great option is Center Hotels Klöpp, a 3-star establishment rated 8.8. They explicitly offer early check-in and late check-out options, making it easier to manage your arrival and departure times. Reviewers often highlight the friendly and helpful staff, as well as the comfortable rooms.Hotel Local 101, a 3-star hotel with an impressive 9.4 rating, also provides early check-in options. Guests consistently praise the amazing staff and excellent rooms, making it a reliable choice for flexible timings. They also offer free Wi-Fi.Finally, Fosshotel Raudara, rated 8.4, is another 3-star hotel that facilitates early check-in. This hotel offers free Wi-Fi and complimentary parking at a nearby location, which is a great perk for those travelling with a car.
How can I save on a budget hotel in Reykjavik with Expedia?
There are plenty of ways to save on a budget hotel in Reykjavik. Join One Key™, our free travel rewards program, to unlock instant discounts with Member Prices across a range of hotels. Typically, booking in advance will help you save on your hotel booking. If you're feeling spontaneous, be sure to check for last-minute deals.
What free activities should we do in Reykjavik?
Reykjavík offers a surprising number of free activities, allowing solo travellers to soak up the city's unique charm without spending a fortune. Exploring the city on foot is a fantastic way to discover its vibrant street art scene, with colourful murals adorning buildings throughout the downtown area.A stroll along the waterfront is a must, offering stunning views of Mount Esja across Faxaflói Bay, and you can admire the striking architecture of the Harpa Concert Hall from the outside. For a touch of history and culture, visit the Hallgrímskirkja church; while there's a fee to go up the tower, admiring its impressive exterior and the statue of Leif Erikson is completely free.Outdoor enthusiasts can wander through the expansive grounds of the public parks, such as Klambratún, which often hosts free events and has outdoor art installations. You can also explore the diverse birdlife and enjoy the tranquil atmosphere of Tjörnin, the city's central pond, which is particularly lovely for a leisurely walk.
Is it cheaper to book flights and a hotel in Reykjavik as a package?
Booking a hotel and flight package on Expedia can be cheaper than booking flights and hotels separately. Bundling can lead to significant savings, especially for international travel or when booking well in advance. However, savings vary depending on factors like destination, travel dates, and availability, so it's wise to compare options. With access to over 300,000 hotels worldwide, Expedia makes it easy to build the perfect travel package.
Can I cancel my budget hotel reservation on Expedia?
Many Expedia hotel reservations are refundable, provided that you cancel before the hotel's cancellation deadline. This is often within 24-48 hours of your scheduled arrival. Be sure to check your booking confirmation for the exact cancellation policy. For maximum flexibility, use Expedia's "Fully refundable property" filter during your search to find the right budget hotel in Reykjavik for you.

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