Cheap Hotels & Resorts in Downtown Reykjavik from AU$163

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Check availability on Downtown Reykjavik Cheap Hotels

Our top choices for Downtown Reykjavik cheap hotels

Lobby lounge

Student hotel & hostel

Student hotel & hostel
2.0 star property
Downtown Reykjavik
9.4 out of 10, Exceptional, (145 reviews)
"Great staff and very close to bus station and downtown."
Canada
Michael
The price is AU$186
includes taxes & fees
6 June - 7 June
Student hotel & hostel
Standard Studio, Kitchenette, City View

Mjólk Hotel

Mjólk Hotel
4.0 star property
Downtown Reykjavik
The price is AU$284
includes taxes & fees
8 June - 9 June
Mjólk Hotel
Reception

Nordic Hostel

Nordic Hostel
2.0 star property
Downtown Reykjavik
10.0 out of 10, Exceptional, (2 reviews)
"Very clean hostel. Staff are friendly. Easy to check in or out"
United States
Kebba
The price is AU$191
includes taxes & fees
9 June - 10 June
Nordic Hostel
Outdoor spa tub

CityHub Reykjavik

CityHub Reykjavik
2.0 star property
Downtown Reykjavik
9.2 out of 10, Wonderful, (474 reviews)
"Such a great stay! Check in was easy, the place was clean, and perfect for a quick trip to Iceland!!"
United States
Ashley
The price is AU$180
includes taxes & fees
8 June - 9 June
CityHub Reykjavik
Comfort Quadruple Room, Private Bathroom

Day Dream Vesturgata 17

Day Dream Vesturgata 17
2.0 star property
Downtown Reykjavik
8.6 out of 10, Excellent, (153 reviews)
"Nice place very comfortable"
United States
Juan
The price is AU$282
includes taxes & fees
7 June - 8 June
Day Dream Vesturgata 17
Breakfast buffet

Guesthouse Andrea

Guesthouse Andrea
2.5 star property
Downtown Reykjavik
8.4 out of 10, Very good, (362 reviews)
"Rooms were great, staff very friendly."
United States
Daniel
The price is AU$163
includes taxes & fees
8 June - 9 June
Guesthouse Andrea
Deluxe Apartment | Living area

Astro Hverfisgata

Astro Hverfisgata
3.0 star property
Downtown Reykjavik
8.2 out of 10, Very good, (25 reviews)
"The only problem was the code to get into the hotel, other than that, it was great. Would stay again."
United States
cynthia
The price is AU$323
includes taxes & fees
17 June - 18 June
Astro Hverfisgata
Twin Room, Shared Bathroom

Travel Inn Guesthouse

Travel Inn Guesthouse
2.5 star property
Downtown Reykjavik
6.4 out of 10, (387 reviews)
"A lovely place to stay and just over the road from BSI central bus terminal and ten minutes walk up to the the famous church and from there downtown . "
United Kingdom
Simon
The price is AU$200
includes taxes & fees
7 June - 8 June
Travel Inn Guesthouse
Bar (on property)

KEX Hotel and Hostel Reykjavik

KEX Hotel and Hostel Reykjavik
2.0 star property
Downtown Reykjavik
8.6 out of 10, Excellent, (840 reviews)
"I really enjoyed my time at this Hostel! I recommend this location, and establishment for any solo travellers on a budget looking for a perfect place to stay — close to city centre, walks along the coast, and lots of historical sights around! The staff were very nice and attentive. "
Canada
Louise
The price is AU$183
includes taxes & fees
6 June - 7 June
KEX Hotel and Hostel Reykjavik
Basic Twin Room, Shared Bathroom

Old Town Reykjavik

Old Town Reykjavik
3.0 star property
Downtown Reykjavik
7.2 out of 10, Good, (209 reviews)
"Very well located, beautiful, comfortable and clean"
Mexico
HUGO
The price is AU$167
includes taxes & fees
10 June - 11 June
Old Town 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.
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Top Downtown Reykjavik Hotel Reviews

Center Hotels Plaza

Center Hotels Plaza

10/10 Excellent
"Great place to stay as you’re right in town, next to everything. We even had a decent view, even being in the back of the hotel. It also had a refrigerator, a kettle to heat water for coffee and a nice lobby. The staff was helpful enough, not overly friendly, but did their jobs and that’s all that matters"
Courtney 2-night trip
Posted 13 hours ago
Center Hotels Plaza

Frequently asked questions

What is Downtown Reykjavik like for travellers on a budget?
Downtown Reykjavik offers a variety of cheap accommodation options and things to do, making it a great holiday choice for budget-conscious travellers. You can find ways to save money while getting to know this destination, which is home to attractions such as Hallgrimskirkja, National Gallery of Iceland and National Theatre of Iceland.
What's the best budget-friendly accommodation in Downtown Reykjavik?
Based on reviews, Old Town Reykjavik is a popular hotel for our travellers in search of a less expensive place to stay, and it offers free Wi-Fi. Other options to stay on the cheap include KEX Hotel and Hostel Reykjavik and Hotel Von.
How many budget hotels are there in Downtown Reykjavik?
Expedia has 9 hotels in Downtown Reykjavik that are ideal if you are watching your pennies.
What is there to see and do in Downtown Reykjavik?
You don't need to spend a lot to find things to see and do in Downtown Reykjavik. 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. Enjoy the local natural beauty at Reykjavik Pond and Tjornin, or check out the area's cultural spots like National Theatre of Iceland.
How can I get to Downtown Reykjavik and get around on a budget?
Scoping out the transportation options in Downtown Reykjavik can help keep you on budget. The nearest airport is Reykjavik (RKV-Reykjavik Domestic), 0.9 mi (1.4 km) away. However, if that doesn't suit your budget, the next closest is 23.3 mi (37.4 km) away: Keflavik International Airport (KEF). Downtown Reykjavik might not have very many public transport options to choose from so a car rental could be an economical alternative to see more of the area.

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