Cheap Hotels in Reykjavik

Free cancellation options if plans change
Unlock travel rewards with One Key
Save more with Member Prices

Check prices for these dates

Next weekend
In two weeks

Cheap Hotels 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.

Top neighborhoods in Reykjavik

Downtown Reykjavik map

Downtown Reykjavik

Home to Iceland's national parliament and vibrant nightlife, Reykjavík City Center boasts landmarks like Tjörnin pond, Hallgrímskirkja, and lively Austurstræti and Bankastræti streets.

Laugardalur map

Laugardalur

Just east of Reykjavík's city center, Laugardalur offers various recreational facilities, including the main stadium. Known as "hot spring valley," it's perfect for travelers seeking leisure activities.

Háaleiti map

Háaleiti

Reykjavik's Háaleiti neighborhood offers attractions including Kringlan Shopping Mall.

Vesturbær map

Vesturbær

Mostly residential with a touch of commercial activity at Grandi harbor, this district boasts the University of Iceland and the community-centered Vesturbæjarlaug swimming pool.

Hlíðar map

Hlíðar

Reykjavik's Hlíðar neighborhood has a host of places to visit such as Kringlan Shopping Mall and Nautholsvik Geothermal Beach.

Top landmarks in Reykjavik

Frequently asked questions

How much is a cheap hotel in Reykjavik?
There are a variety of hotels to choose from in Reykjavik so use the filters like “included” amenities or “budget property” to help with your search. Remember to sort your results by “Price: low to high” when searching for the cheapest Reykjavik hotels.
  • Take a look at the lowest price per night
What is the cheapest area in Reykjavik?
When you’re looking for cheap hotels in Reykjavik, location is key. Downtown Reykjavik and Laugardalur often have great budget-friendly options available. Are you looking to stay in another area of the city? Pinpoint low-cost hotels in the another part of town using our map feature.
What are the best cheap hotels in Reykjavik?
For a cheap hotel in Reykjavik with glowing reviews, consider Kex Hostel Reykjavík, which features free WiFi, laundry facilities and a bar. You can also look at Hostel B47 or Hotel Von.
Can I stay in a hostel in Reykjavik?
Hostels can be a cheaper alternative to Reykjavik hotels, as you can stay in a shared dormitory. There are 11 hostels in Reykjavik. Kex Hostel Reykjavík offers free in-room WiFi and a bar. Hostel B47 is another low-cost option.
What are the best cheap things to do in Reykjavik?
Sightseeing doesn’t have to be expensive. For some things to do in Reykjavik, stroll along Laugavegur or you can get outdoors at Reykjavik Pond. Be certain to include a visit to Nautholsvik Geothermal Beach.