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 12 - Oct 13
Tomorrow
Oct 13 - Oct 14
This weekend
Oct 16 - Oct 18
Next weekend
Oct 23 - Oct 25

Our top choices for Reykjavik cheap hotels

1. CityHub Reykjavik

CityHub Reykjavik
Downtown Reykjavik
United States
Patricia
CA $124
CA $149 total
includes taxes & fees
Oct 19 - Oct 20
CityHub Reykjavik

2. Reykjavik Residence Apartment Hotel

Reykjavik Residence Apartment Hotel
Downtown Reykjavik
United States
Jenina
CA $279
CA $319 total
includes taxes & fees
Nov 2 - Nov 3
Reykjavik Residence Apartment Hotel

3. Grandi by Center Hotels

Grandi by Center Hotels
Vesturbær
United States
Monicq
CA $321
CA $365 total
includes taxes & fees
Nov 1 - Nov 2
Grandi by Center Hotels

4. Hotel Reykjavík Grand

Hotel Reykjavík Grand
Laugardalur
United States
Matthew
CA $233
CA $268 total
includes taxes & fees
Nov 10 - Nov 11
Hotel Reykjavík Grand

5. Alda Hotel Reykjavik

Alda Hotel Reykjavik
Downtown Reykjavik
Canada
Sheryl
CA $182
CA $216 total
includes taxes & fees
Nov 9 - Nov 10
Alda Hotel Reykjavik

6. Center Hotels Arnarhvoll

Center Hotels Arnarhvoll
Downtown Reykjavik
United States
Mary
CA $302
CA $344 total
includes taxes & fees
Nov 9 - Nov 10
Center Hotels Arnarhvoll

7. Miðgarður by Center Hotels

Miðgarður by Center Hotels
Tún
United States
Kennedy
CA $335
CA $382 total
includes taxes & fees
Oct 27 - Oct 28
Miðgarður by Center Hotels

8. Fosshotel Reykjavik

Fosshotel Reykjavik
Laugardalur
Canada
Carron
CA $312
CA $356 total
includes taxes & fees
Nov 2 - Nov 3
Fosshotel Reykjavik

9. Center Hotels Plaza

Center Hotels Plaza
Downtown Reykjavik
United States
Marilyn
CA $283
CA $324 total
includes taxes & fees
Oct 30 - Oct 31
Center Hotels Plaza

10. Exeter Hotel

Exeter Hotel
Downtown Reykjavik
United States
Victor
CA $248
CA $284 total
includes taxes & fees
Nov 10 - Nov 11
Exeter Hotel
View all properties

Find out more about Reykjavik

Discover cheap things to do in Reykjavik

Reykjavik is a paradise of affordable adventures that cater to the discerning traveller. Start your day at the iconic Hallgrímskirkja, where you can ascend the tower for panoramic views of the city and beyond—all for a modest fee. After soaking in the sights, head to the Harpa Concert Hall, a stunning architectural marvel that often hosts free events and exhibitions. The Sun Voyager sculpture along the waterfront is perfect for a leisurely stroll, allowing you to capture stunning photographs against the backdrop of the sea and mountains, without spending a penny. For a taste of local culture, the Reykjavik Art Museum offers free entry on select days, showcasing contemporary Icelandic art that is sure to inspire. When it comes to dining, try the local hot dog stands—Bæjarins Beztu Pylsur is a must-visit, offering delicious, inexpensive meals that will satisfy your hunger without breaking the bank. For budget-conscious accommodation, consider staying in the bustling Laugavegur area, known for its vibrant atmosphere and nearby many attractions. Here, you’ll find a variety of affordable hotels and guesthouses that provide convenient access to shops, cafes, and cultural sites. After a day of exploration, relax in one of the local geothermal pools like Sundhöllin, where entry is surprisingly low-cost and a great way to meet locals. By choosing to stay in this lively neighbourhood, you not only enjoy easy access to Reykjavik's highlights but also immerse yourself in the city's unique character and charm.

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

Hotel Reykjavík Grand

Hotel Reykjavík Grand

8/10 Good
"Need a USB plug in to charge our phones"
GEORGE 4-night trip
Posted 9 hours ago
Hotel Reykjavík Grand
Alva Hotel Brautarholt

Alva Hotel Brautarholt

8/10 Good
"This is our second stay at Alva, but first time at this new location. The beds weren’t very comfortable, but functional. Overall it is very minimalist which probably helps keep cost down but no extra bells and whistles. Also, the breakfast option IS NOT worth it. Go find breakfast in reykjavik."
Juliana 3-night trip
Posted 10 hours ago
Alva Hotel Brautarholt
Fosshotel Reykjavik

Fosshotel Reykjavik

10/10 Excellent
"Breakfast was excellent, staff very helpful, located close to restaurants."
Carron 1-night trip
Posted 14 hours ago
Fosshotel Reykjavik
Alda Hotel Reykjavik

Alda Hotel Reykjavik

10/10 Excellent
"Great location, Starbucks and restaurant attached. Great with kids"
Zachary 1-night trip
Posted 15 hours ago
Alda Hotel Reykjavik
Center Hotels Plaza

Center Hotels Plaza

10/10 Excellent
"Excellent location and very helpful staff."
Marilyn 3-night trip
Posted 15 hours ago
Center Hotels Plaza
Reykjavik Residence Apartment Hotel

Reykjavik Residence Apartment Hotel

10/10 Excellent
"Spacious rooms but property was spaced out so challenging to navigate in the rain."
Julia 3-night trip
Posted 22 hours ago
Reykjavik Residence Apartment Hotel
Hotel Odinsve

Hotel Odinsve

10/10 Excellent
"The hotel is right in the center of downtown. We were able to walk to pretty much everything. The bus stop for tours is just 5 min walk away. The bed was comfortable, staff was very nice and breakfast provided with your stay is just perfect. The restaurant is also convient for dinner w great food. The rooms are a good size for 2 people w a king bed. The bathroom is a little small but nothing that bothered us. Hairdryer provided , towels, and nice heater to beat the chill. There is no ac or refrigerator in case you require one."
Glenn 6-night trip
Posted 2 days ago
Hotel Odinsve

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 $149 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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