Find Cheap Hotels in Reykjavik from CA $115

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Top Reykjavik Cheap Hotels

Hotel Von
Restaurant

Hotel Von

3.5 star property
9.4 out of 10, Exceptional, (968)
"Great location on the main high street, that has plenty of fantastic restaurants "
The price is CA $214
CA $246 total
includes taxes & fees
Jan 7 - Jan 8, 2025
Hotel Von
Grandi by Center Hotels
Sauna, spa tub, 3 treatment rooms, massages

Grandi by Center Hotels

4.0 star property
9.4 out of 10, Exceptional, (922)
"Very impressive- one night stay with kids. Found free parking within 5min walk. Spa was small but very good. Breakfast was plentiful and perfectly nice. Free drinks from Expedia gold membership were a really nice bonus. I would recommend at the price point. "
The price is CA $254
CA $290 total
includes taxes & fees
Jan 7 - Jan 8, 2025
Grandi by Center Hotels
Fosshotel Barón
Lobby sitting area

Fosshotel Barón

3.0 star property
8.6 out of 10, Excellent, (1003)
"Friendly desk staff and great location"
The price is CA $208
CA $240 total
includes taxes & fees
Jan 6 - Jan 7, 2025
Fosshotel Barón
Exeter Hotel
Property entrance

Exeter Hotel

4.0 star property
9.4 out of 10, Exceptional, (1004)
"Staff could not have been nicer. Rooms were super clean. Beds were so comfortable. Restaurant in the hotel has amazing food. Location is perfect. Would highly recommend. "
The price is CA $226
CA $259 total
includes taxes & fees
Dec 23 - Dec 24
Exeter Hotel
Alda Hotel Reykjavik
Interior detail

Alda Hotel Reykjavik

4.0 star property
9.4 out of 10, Exceptional, (1007)
"Modern hotel in the heart of it all in Reykjavík. Pleasant, accommodating staff. Would recommend, would return."
The price is CA $256
CA $292 total
includes taxes & fees
Jan 7 - Jan 8, 2025
Alda Hotel Reykjavik
Hotel Reykjavík Grand
View from room

Hotel Reykjavík Grand

4.0 star property
9.0 out of 10, Wonderful, (1008)
"Love hotel halfway between the airport and downtown. The room itself was super comfy (with a lovely bathtub!) and the concierge was very helpful. The breakfast was your typical nice hotel breakfast (eggs, bacon, cold cuts, etc), plus a sampling of exotic meats (e.g. smoked whale). It’s about a half hour walk to downtown if you take the shopping street (just down the road and up to the nearest light and to the right), or maybe 40 min if you take the shore and sculpture walk (which has gorgeous...
The price is CA $209
CA $241 total
includes taxes & fees
Jan 8 - Jan 9, 2025
Hotel Reykjavík Grand
Miðgarður by Center Hotels
Couples treatment rooms

Miðgarður by Center Hotels

4.0 star property
9.4 out of 10, Exceptional, (1056)
"always very accommodating, very friendly staff, location is great"
The price is CA $271
CA $309 total
includes taxes & fees
Jan 3 - Jan 4, 2025
Miðgarður by Center Hotels
Center Hotels Arnarhvoll
Terrace/patio

Center Hotels Arnarhvoll

4.0 star property
8.8 out of 10, Excellent, (1007)
"Close to the city center"
The price is CA $290
CA $330 total
includes taxes & fees
Jan 5 - Jan 6, 2025
Center Hotels Arnarhvoll
The Reykjavik EDITION
Room, 1 King Bed, Terrace, City View

The Reykjavik EDITION

5.0 star property
9.4 out of 10, Exceptional, (358)
"An exceptional property with great service and super helpful concierge service led by Matteo"
The price is CA $491
CA $615 total
includes taxes & fees
Jan 22 - Jan 23, 2025
The Reykjavik EDITION
Hotel Reykjavik Centrum
Lobby sitting area

Hotel Reykjavik Centrum

4.0 star property
9.4 out of 10, Exceptional, (1002)
"Great service and location."
The price is CA $247
CA $283 total
includes taxes & fees
Jan 12 - Jan 13, 2025
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.
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2-star hotels in Reykjavik

Student Hostel

Student Hostel

Hringbraut 29, Reykjavik
Get rates
9.4/10 Exceptional! (70 reviews)

Frequently asked questions

What is Reykjavik like for travelers on a budget?
Reykjavik offers cheap accommodation options and a variety of places to visit, making it a great choice for a budget-friendly getaway. In addition to its well-known attractions like Reykjavik Harbour, this destination is home to Reykjavik Pond and Oskjuhlid Hill, which you can enjoy while spending very little.
What's the best budget-friendly accommodation in Reykjavik?
Based on reviews, Hotel Von is a popular hotel for our travelers who want a more economical choice, and features free WiFi and a bar. Other options for your budget-friendly stay include Hostel B47 and Kex Hostel Reykjavík.
How many inexpensive hotels will I find in Reykjavik?
Expedia has 15 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, and keep 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 temp of 50°F, while the coldest months are December and January with an average of 32°F. Average annual precipitation for Reykjavik is 50 inches.
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 closest airport is 1.2 mi (2 km) away from the center in Reykjavik Domestic Airport (RKV). However, if that doesn’t suit your budget, you can book a flight to Reykjavik–Keflavik Intl. Airport (KEF), located 23.2 mi (37.3 km) away. Reykjavik might not have very many public transportation choices so a car rental could be a reasonable alternative to see more of the area.