Cheap Hotels & Resorts in Reykjavik from AU$170

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Check availability on Reykjavik Cheap Hotels

Our top choices for Reykjavik cheap hotels

201 Hotel

201 Hotel
4.0 star property
Kópavogur
8.6 out of 10, Excellent, (1,003 reviews)
"Great Stay"
United States
Brian
The price is AU$241
includes taxes & fees
2 June - 3 June
201 Hotel

Konvin Hotel by Reykjavik Keflavik Airport

Konvin Hotel by Reykjavik Keflavik Airport
3.0 star property
Reykjanesbær
8.6 out of 10, Excellent, (1,181 reviews)
"Had a quiet and nice stay. Ended our trip here. Very close to the airport."
United States
David
The price is AU$285
includes taxes & fees
16 June - 17 June
Konvin Hotel by Reykjavik Keflavik Airport

Hotel Duus

Hotel Duus
3.5 star property
Reykjanesbær
8.0 out of 10, Very good, (1,003 reviews)
"It was a very good place to stay near the airport"
United States
Rayza G
The price is AU$264
includes taxes & fees
1 June - 2 June
Hotel Duus

Lighthouse Inn

Lighthouse Inn
3.5 star property
Suðurnesjabær
9.8 out of 10, Exceptional, (1,004 reviews)
"Beautiful hotel and close to keflavik airport. The town in itself is beautiful. The lighthouse near by was amazing. Staff in hotel were super nice"
United States
parthasarathy
The price is AU$337
includes taxes & fees
1 June - 2 June
Lighthouse Inn

Grandi by Center Hotels

Grandi by Center Hotels
4.0 star property
Vesturbær
9.4 out of 10, Exceptional, (1,595 reviews)
"Breakfast and all staffs are excellent "
Canada
Andy
The price is AU$415
includes taxes & fees
2 June - 3 June
Grandi by Center Hotels

Reykjavik Natura - Berjaya Iceland Hotels

Reykjavik Natura - Berjaya Iceland Hotels
4.0 star property
Reykjavik
8.8 out of 10, Excellent, (1,001 reviews)
"Breakfast was delightful "
United States
Tina
The price is AU$322
includes taxes & fees
11 June - 12 June
Reykjavik Natura - Berjaya Iceland Hotels

Reykjavik Lights by Keahotels

Reykjavik Lights by Keahotels
3.0 star property
Háaleiti
9.2 out of 10, Wonderful, (1,004 reviews)
"Friendly and very helpful staff Convenient location"
United States
Emily
The price is AU$371
includes taxes & fees
7 June - 8 June
Reykjavik Lights by Keahotels

CityHub Reykjavik

CityHub Reykjavik
2.0 star property
Downtown Reykjavik
9.2 out of 10, Wonderful, (467 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$170
includes taxes & fees
3 June - 4 June
CityHub Reykjavik

Alva Hotel Brautarholt

Alva Hotel Brautarholt
3.0 star property
Holt
8.2 out of 10, Very good, (1,001 reviews)
"Great stay!"
United States
Jeremy
The price is AU$211
includes taxes & fees
3 June - 4 June
Alva Hotel Brautarholt

Hótel Berg

Hótel Berg
4.0 star property
Reykjanesbær
9.4 out of 10, Exceptional, (1,208 reviews)
"Great location"
United States
Dennis
The price is AU$401
includes taxes & fees
2 June - 3 June
Hótel Berg
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.

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, 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 good options for your budget-friendly stay include KEX Hotel and Hostel Reykjavik and Hotel Von.
How many cheap hotels should I expect to find in Reykjavik?
Expedia has 14 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.

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