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Check availability on Reykjavik Cheap Hotels

Top Reykjavik Cheap Hotels

Hotel Von

3.5 star property
9.4 out of 10, Exceptional, (979)
"This hotel is in a fantastic location right in the heart of the city. It was great to be there for NYE. The hotel itself is simple and clean. Comfortable beds and good shower with nice products. Small details are missing, like it would have been good to have a boot tray to put your boots on instead of the floor getting wet from melting snow. We found the service ok, not particularly amazing. We arrived morning of New Year’s Eve and were told the hotel bar was booked out for a private event in...
The price is CA $184
CA $213 total
includes taxes & fees
Jan 26 - Jan 27
Hotel Von

Grandi by Center Hotels

4.0 star property
9.4 out of 10, Exceptional, (965)
"Lovely little hotel next to Reykjavík Harbour! Easily walkable to the centre, lovely friendly & helpful staff. Street parking nearby if you’re hiring a car. Overall 10/10"
The price is CA $228
CA $261 total
includes taxes & fees
Jan 24 - Jan 25
Grandi by Center Hotels

Fosshotel Barón

3.0 star property
8.6 out of 10, Excellent, (1001)
"Cozy beds"
The price is CA $211
CA $242 total
includes taxes & fees
Jan 24 - Jan 25
Fosshotel Barón

Exeter Hotel

4.0 star property
9.4 out of 10, Exceptional, (1001)
"Excellent hotel with cool bar and great bakery and in a perfect location with many sights, food & drinks walkable. Modern decor and rooms. "
The price is CA $241
CA $276 total
includes taxes & fees
Jan 23 - Jan 24
Exeter Hotel

Alda Hotel Reykjavik

4.0 star property
9.4 out of 10, Exceptional, (1001)
"Nice and very professional staff. Very clean, just little overpriced. Nice location and everything around the hotel. "
The price is CA $234
CA $268 total
includes taxes & fees
Jan 29 - Jan 30
Alda Hotel Reykjavik

Hotel Reykjavík Grand

4.0 star property
9.0 out of 10, Wonderful, (1001)
"Excellent place to stay, about 20/30 minute walk to the main area of Reykjavik. Superb staff and extremely friendly. Very easy to access the roads for adventures and an added bonus there’s a cat that lives in the lobby roaming around. 10/10 would recommend and stay again."
The price is CA $211
CA $243 total
includes taxes & fees
Jan 23 - Jan 24
Hotel Reykjavík Grand

Miðgarður by Center Hotels

4.0 star property
9.4 out of 10, Exceptional, (1069)
"Location is excellent for pickup and drop offs for all and any tours u book. The staff were amazing! Very clean rooms! Will definitely stay here again"
The price is CA $215
CA $246 total
includes taxes & fees
Jan 25 - Jan 26
Miðgarður by Center Hotels

Center Hotels Arnarhvoll

4.0 star property
8.8 out of 10, Excellent, (1004)
"The breakfast was excellent. "
The price is CA $161
CA $187 total
includes taxes & fees
Jan 26 - Jan 27
Center Hotels Arnarhvoll

The Reykjavik EDITION

5.0 star property
9.4 out of 10, Exceptional, (377)
"We spent one night in Rekyavik, The Edition was in a perfect spot. Walking distance to the town, had all the modern amenities you could ask for. The lobby bar was a nice place to hang out for a bit before heading out for the evening. Breakfast was not included and was very expensive. Overall a pleasant experience."
The price is CA $530
CA $668 total
includes taxes & fees
Feb 20 - Feb 21
The Reykjavik EDITION

Hotel Reykjavik Centrum

4.0 star property
9.4 out of 10, Exceptional, (1001)
"Good solid Hotel experience, maintenance issues though caused issues, faulty lift ( we on the 4th floor)... TV only minimal of 3 channels for the whole stay, was to be fixed after New year... we left on the 4th no change"
The price is CA $222
CA $254 total
includes taxes & fees
Jan 28 - Jan 29
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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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, 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 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.