Cheap Hotels & Resorts in Reykjavik from AU$324

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Check availability on Reykjavik Cheap Hotels

Best Reykjavik Cheap Hotels

Hotel Von
Restaurant

Hotel Von

3.5 star property
9.4 out of 10, Exceptional, (1004)
"Incredible hotel, love this place"
The price is AU$370
includes taxes & fees
8 July - 9 July
Hotel Von
Freyjugata Apartments- Central 1 Bedroom w Balcony
1 bedroom, travel cot, WiFi, bed sheets

Freyjugata Apartments- Central 1 Bedroom w Balcony

10.0 out of 10, Exceptional, (3)
"The accomodation was perfect for the purpose we rent it for. "
The price is AU$375
includes taxes & fees
10 July - 11 July
Freyjugata Apartments- Central 1 Bedroom w Balcony
Hostel B47
Quintable Room with Shared Bathroom and Free Parking

Hostel B47

2.0 star property
8.6 out of 10, Excellent, (170)
"Great location w free parking. A few of the big landmarks and great restaurants are nearby. Check in and check out were extremely easy which I appreciated. "
Hostel B47
Baron's Hostel
Exterior

Baron's Hostel

2.0 star property
8.6 out of 10, Excellent, (83)
"Excellent hostel! Really convenient location in Reykjavik. Super close from Hallgrimskirkja (church). The room was clean and spacious. Every person had plenty of outlet, which was great for us with multiple devices that need nightly charging. The room got a lot of evening sun (June), so we needed to keep the window open to stay cool throughout the night. The shower rooms were conveniently located, and were available pretty much anytime we needed to use them. The kitchen had a fairly spacious...
Baron's Hostel
Refurinn Reykjavik Guesthouse - Hostel
Fridge, microwave, oven, stovetop

Refurinn Reykjavik Guesthouse - Hostel

2.0 star property
8.8 out of 10, Excellent, (32)
"Great location and great staff"
The price is AU$324
includes taxes & fees
10 July - 11 July
Refurinn Reykjavik Guesthouse - Hostel
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.

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 Reykjavík.
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, 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 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.