Cheap Hotels & Resorts in Reykjavik from AU$231

Start date: Check-in selected.
To Date
End date: Check-out
  • Change your mind

    Book hotels with free cancellation
  • Treat yourself

    Sign in to save 10% or more on thousands of hotels
  • Be picky

    Search almost a million properties worldwide

Check availability on Reykjavik Cheap Hotels

This weekend
Next weekend

Best Reykjavik Cheap Hotels

Hotel Von

3.5 star property
Downtown Reykjavik
9.4 out of 10, Exceptional, (1014)
"Wonderful stay"
United States
David
The price is AU$231
includes taxes & fees
30 Nov - 1 Dec
Hotel Von

Grandi by Center Hotels

4.0 star property
Vesturbær
9.4 out of 10, Exceptional, (1387)
"Friendly and helpful staff, clean and well equipped hotel."
Canada
Ian
The price is AU$302
includes taxes & fees
4 Dec - 5 Dec
Grandi by Center Hotels

Fosshotel Barón

3.0 star property
Downtown Reykjavik
8.6 out of 10, Excellent, (1008)
"Great location near touristic places, nice staff"
Mexico
Jorge Eduardo Barrera
The price is AU$239
includes taxes & fees
1 Dec - 2 Dec
Fosshotel Barón

Exeter Hotel

4.0 star property
Downtown Reykjavik
9.4 out of 10, Exceptional, (1004)
"Great place to stay"
United States
Dana
The price is AU$307
includes taxes & fees
3 Dec - 4 Dec
Exeter Hotel

Alda Hotel Reykjavik

4.0 star property
Downtown Reykjavik
9.4 out of 10, Exceptional, (1113)
"Perfect location and friendly staff "
United Kingdom
Izzy
The price is AU$283
includes taxes & fees
30 Nov - 1 Dec
Alda Hotel Reykjavik

Hotel Reykjavík Grand

4.0 star property
Laugardalur
9.0 out of 10, Wonderful, (1012)
"Great location loved my stay. "
United States
Shirley
The price is AU$286
includes taxes & fees
8 Dec - 9 Dec
Hotel Reykjavík Grand

Miðgarður by Center Hotels

4.0 star property
Tún
9.4 out of 10, Exceptional, (1235)
"Clean and everyone was so friendly "
United States
Paige
The price is AU$304
includes taxes & fees
2 Dec - 3 Dec
Miðgarður by Center Hotels

Center Hotels Arnarhvoll

4.0 star property
Downtown Reykjavik
9.0 out of 10, Wonderful, (1023)
"Would stay again there"
United States
Rosemarie
The price is AU$314
includes taxes & fees
1 Dec - 2 Dec
Center Hotels Arnarhvoll

The Reykjavik EDITION

5.0 star property
Downtown Reykjavik
9.4 out of 10, Exceptional, (538)
"Amazing location and staff. Rooms were great too. "
United States
Todd
The price is AU$675
includes taxes & fees
9 Dec - 10 Dec
The Reykjavik EDITION

Hotel Reykjavik Centrum

4.0 star property
Downtown Reykjavik
9.4 out of 10, Exceptional, (1004)
"Check in was very easy, our room was spacious, and the location was fantastic. We were able to walk to great shopping and excellent restaurants. "
United States
Lisa
The price is AU$273
includes taxes & fees
10 Dec - 11 Dec
Hotel Reykjavik Centrum
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.

Black Friday Sale

Save up to 40% on select hotels

Find out more about Reykjavik

Discover cheap things to do in Reykjavik

Reykjavik, the vibrant capital of Iceland, offers a wealth of experiences for budget-conscious travellers seeking adventure without breaking the bank. Begin your exploration at the iconic Hallgrímskirkja, where you can ascend the tower for panoramic views of the city and surrounding landscapes – the entrance fee is minimal, making it a perfect start to your day. Next, wander through the colourful streets of the Old Harbour, where you can admire the charming architecture and perhaps catch sight of local artists plying their trade. Don’t miss the Harpa Concert Hall, a stunning piece of modern architecture that often hosts free exhibitions and offers a lovely spot to relax by the waterfront. For families, the Reykjavik Family Park and Zoo is a delightful outing, where entry is affordable, and you can enjoy a day with the kids surrounded by Icelandic wildlife. After a day of exploration, consider staying in the trendy 101 district, where many budget hotels are located within walking distance of these attractions. This area not only boasts a vibrant atmosphere with its cafes and shops but also allows for easy access to free walking tours that can enrich your stay without straining your wallet. Enjoy the blend of culture and community while resting easy in top hotels that cater to your needs.

Find the best cheap hotels in Reykjavik

For budget-conscious travellers visiting Reykjavik, these fantastic hotels offer excellent value without compromising on comfort or amenities. Each option ensures a pleasant stay while keeping costs down.

Guesthouse Sunna

  • Why it's great for a budget-friendly vacation: With an excellent traveler review rating of 9.2, Guesthouse Sunna is an excellent budget-friendly option for visitors to Reykjavik. The hotel features free Wi-Fi, self-parking, and nearby parking options, ensuring travelers can explore the city with ease without worrying about additional costs.
  • Other amenities: This guesthouse offers shared kitchen facilities, allowing travelers to prepare their own meals, while daily housekeeping contributes to a comfortable stay. Rooms are equipped with essential amenities, including microwaves and refrigerators. Additionally, rollaway beds are available at no charge, catering to diverse traveler needs.
  • 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 is a superb choice for budget travellers with a traveler review rating of 9.2, providing essential amenities at an affordable price. The hotel offers free Wi-Fi and a 24-hour airport shuttle, making it convenient for both arrivals and departures.
  • Other amenities: Guests can enjoy well-equipped rooms featuring kitchenettes, ovens, and refrigerators, perfect for those who prefer self-catering. Additional conveniences include a concierge service and the option for free street parking. Nearby locations provide opportunities for hiking and biking, ensuring travelers can explore the natural beauty of Iceland.
  • 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: Ideal for budget-conscious travellers, Storm Hotel by Keahotels offers a fantastic traveler review rating of 9.2 and a range of amenities that ensure a comfortable and affordable stay. Guests can relish a complimentary buffet breakfast each morning and enjoy free Wi-Fi throughout the hotel.
  • Other amenities: Additional features include free toiletries and cribs at no extra cost, making this hotel suitable for various traveler needs. Rooms are equipped with balconies or patios, offering a space to unwind, while the concierge service assists with local recommendations. Parking options are available, and the inviting snack bar serves light refreshments during the day.
  • Neighborhood: Laugardalur
  • Nearby attractions: Laugavegur - 0.1 km, Harpa - 1.4 km, Hallgrimskirkja - 1.5 km

Top Reykjavik Hotel Reviews

Frequently asked questions

What is Reykjavik like for travellers on a budget?
Reykjavik offers cheap accommodation options and a range of things to see and do, making it a great holiday choice for budget-conscious travellers. In addition to its well-known attractions such as Reykjavik Harbour, this destination is home to Reykjavik Pond and Oskjuhlid Hill, which you can enjoy while spending very little.
What's the best place to stay on a budget in Reykjavik?
Based on reviews, Hotel Von is a popular hotel for our travellers who want a more economical choice, and features free Wi-Fi and a bar. Other good options for your budget-friendly stay include Hostel B47 and KEX Hostel and Hotel Reykjavik.
How many cheap hotels should I expect to find in Reykjavik?
Expedia has 13 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, but bear 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 temperature of 10°C, while the coldest months are December and January, with an average of 0°C. Average annual precipitation for Reykjavik is 1281 mm.
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, Oskjuhlid Hill or Nautholsvik Geothermal Beach.
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 nearest airport is 1.2 mi (2 km) from the centre in Reykjavik (RKV-Reykjavik Domestic). However, if that doesn't suit your budget, you can look into flights to Keflavik International Airport (KEF), which is 23.2 mi (37.3 km) away. Reykjavik might not have many public transport choices so renting a car could be a reasonable alternative to see more of the area.

Explore a world of travel with Expedia