Are you in a hurry?
Here is a quick list of Cheap Hotels in Reykjavik, selected based on their rating
| Name of hotel | Accommodation Rating | Price, $ | |
| Center Hotels Skjaldbreid |
8.2 / 10 (997 Reviews) |
From 97$ | |
| Hotel Fron |
8.4 / 10 (2371 Reviews) |
From 164$ | |
| Hotel Cabin |
6.9 / 10 (3225 Reviews) |
From 101$ | |
| Fosshotel Rauthara |
8.0 / 10 (896 Reviews) |
From 156$ | |
| Fosshotel Baron |
7.8 / 10 (980 Reviews) |
From 169$ |
Dear fellow adventurers,
Greetings from the land of fire and ice, where the Northern Lights dance in the starlit sky and the geysers roar to life! Allow me, Naomi, your trusty guide, to whisk you away on a journey to uncover the secrets of scoring wallet-friendly stays in Reykjavik, Iceland during the bustling high-travel periods.
Picture this: cobblestone streets lined with colorful houses, the aroma of freshly baked pastries wafting through the air, and a warm cup of Icelandic coffee in hand. Reykjavik, with its blend of urban charm and natural wonders, beckons to the wanderer in all of us.
Now, let's delve into the art of finding pocket-friendly accommodations during the peak seasons when the city comes alive with festivals, concerts, and endless buzz. From cozy guesthouses to hip hostels, Reykjavik offers a plethora of options for every budget and travel style.
Traveling with friends? Fear not, for I have unearthed the best-kept secrets on how to snag those coveted rooms without breaking the bank. Whether you're chasing the midnight sun or seeking solace in the city's vibrant art scene, Reykjavik has a little something for everyone – and it doesn't have to cost you an arm and a leg.
So pack your bags, grab your favorite travel companions, and let's embark on a journey to uncover the hidden gems and affordable havens that Reykjavik has to offer during its peak seasons. Trust me, the adventure of a lifetime awaits!
Reykjavik Accommodation lists:
Best Affordable Hotels in Reykjavik
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Center Hotels Skjaldbreid
From 97$
Nestled in Reykjavik 101 district, the 3-star Center Hotels Skjaldbreid offers comfortable accommodation approximately a 5-minute ride from metres to Reykjavik Art Museum Hafnarhus. Additionally, you'll find Wi-Fi throughout the venue in the hotel.
Offering easy access to Laugavegur, the property is located in the old part of Reykjavik. Guests can visit the nearby the Pint-sized Icelandic Punk Offbeat Museum as well as Aurora Reykjavik Northern Lights Center Science Museum which is within walking distance of the venue.
The hotel is set amidst popular attractions, including a bar and restaurants. You can get to Vesturbaejarlaug Swimming Pool in a few minutes by car.
The rooms have carpeted floor.
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Hotel Fron
From 164$
The 3-star Hotel Fron is placed in Reykjavik, not far from the Lutheran Hallgrimskirkja Parish Church. Highlights at this venue include a Georgian restaurant, a snack bar and Wi-Fi throughout the accommodation.
Laugavegur and Laugavegur Shopping Street can be reached in 5 minutes' walk and 13 minutes' walk respectively. The centre of Reykjavik is 1 km away from the property.
The enchanting Hotel Fron is located minutes away from Hverfisgata.
They also are equipped with a microwave oven, a refrigerator, and a cooker.
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Hotel Cabin
From 101$
The 2-star Hotel Cabin Reykjavik is set 1 km from the leading Asmundarsafn Art Museum and 0.9 km from Laugardalslaug Geothermal Pool. Boasting location next to Solfar Sculpture, the venue offers 290 rooms together with a snack bar onsite.
The accommodation is located within 15 minutes' walk from the centre of Reykjavik. The property is located in Reykjavik East district.
You can get to the Lutheran Hallgrimskirkja Parish Church in a few minutes by car.
The rooms have private bathrooms with a separate toilet and a shower. Certain units have views of the city.
Good Cheap hotels in Reykjavik
Imagine embarking on an adventure with your closest pals, seeking a cozy and budget-friendly place to call home during your Reykjavik escapades. Picture vibrant dorm rooms where you can reunite after a day of exploration, swapping stories and planning the next adventure together. Think of shared meals in a communal kitchen, laughter echoing through the hallways, and a sense of camaraderie that only comes from budget-friendly accommodations. In these affordable havens, every penny saved on a room means more cash for thrilling excursions and unforgettable experiences with friends by your side.
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Fosshotel Rauthara
From 156$
Fosshotel Rauthara Reykjavik is a 3-star accommodation set just 13 minutes on foot from the historic Hofthi Residence. Guests will have access to a private parking garage on site for added convenience.
Hlemmur is located near the venue, and Reykjavik airport is approximately a 7-minute drive away. Icelandic Street Food is 19 minutes' walk from the hotel.
This property is also not too far from the unique Icelandic Phallological Museum.
The rooms have private bathrooms with a separate toilet and a shower. Also, the venue features parquet flooring.
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Fosshotel Baron
From 169$
Being set right in the centre of Reykjavik, close to Laugavegur, Fosshotel Baron offers a terrace, a picnic area, and various recreational opportunities. It features Wi-Fi throughout the property.
The accommodation is located 25 minutes' walk from the indoor sporting Laugardalsholl Arena and just a few steps from Skulagata. Einar Jonsson Sculpture garden and museum is 850 metres from the hotel, while Snorrabraut / Hlemmur bus station is 200 metres away.
Fosshotel Baron is a short ride from the Pint-sized Icelandic Punk Offbeat Museum.
Some units offer views of the Atlantic Ocean. A separate toilet and a shower can also be found in the rooms.
Hotels in Reykjavik
| Best reviews Hotel ❤️ | Center Hotels Skjaldbreid |
| Most comfortable Hotel 🛏️ | Hotel Fron |
| Family Hotel 👪 | Hotel Cabin |
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Icelandic Apartments By Heimaleiga
From 93$
Offering various recreational opportunities and a golf course, Icelandic Apartments By Heimaleiga Reykjavik is 15 minutes' drive from the futuristic revolving glass-domed fine Perlan Dining Restaurant. Situated in Kopavogur district, the aparthotel is set 5 km from Safari Quads.
You can get to Reykjavik Family park and Zoo in a few minutes by car.
Rooms are overlooking the city. A microwave oven, an electric kettle, and a fridge are included in the units of the property.
Cheap Hotels in Downtown Reykjavik
Looking for a budget-friendly place to crash with your crew in downtown Reykjavik? Picture quirky, colorful rooms with a vibe that screams, "We're here to have a good time!" Think cozy beds for those late-night chats, funky common areas to swap stories from the day's adventures, and a prime location that puts you right in the heart of the action. Embrace the Icelandic spirit of sharing and caring as you split the bill and create memories to last a lifetime in this hip and happening city.
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201 Hotel
From 126$
Featuring Wi-Fi throughout the property, 201 Hotel Reykjavik offers accommodation only 14 minutes' walk from Smaralind Shopping Center. This 3-star venue is located in the middle of Reykjavik.
Situated in Kopavogur district, the hotel is set around a 15-minute drive from the famous Volcano House.
You can get to Harpa Concert Hall and Conference Centre in a few minutes by car.
The rooms offer views of the city.
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Arctic Comfort Hotel
From 69$
The affordable 3-star Arctic Comfort Hotel Reykjavik is set in a quiet area within a 25-minute walk of the Miklatún park "Kjarvalsstathir Gallery". The venue also offers guests Wi-Fi in public areas.
The accommodation is situated 1 km from Reykjavik city centre and 10 km from Reykjavik airport. The property has a prime location near corporate offices.
Arctic Comfort Hotel is a short ride from Point.
These rooms also provide a separate toilet and a shower in bathrooms along with a microwave, an electric kettle, and a refrigerator.
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Reykjavik Lights Hotel By Keahotels
From 192$
The 3-star Reykjavik Lights Hotel By Keahotels is placed merely 0.6 km from Laugardalur Park. Set in the heart of Reykjavik, the venue offers 105 rooms overlooking the mountain.
The Lutheran Hallgrimskirkja Parish Church is less than 2.2 km away. The accommodation is 10 minutes' walk from Reykjavik city centre and 10 minutes by car from Reykjavik airport.
The leading Asmundarsafn Art Museum as well as Asmundur Sveinsson Sculpture Museum are within easy reach of the hotel.
The rooms have private bathrooms with a walk-in shower and a separate toilet. Also, the accommodation features parquet flooring.
Cheap Hotels in Reykjavik with Free Parking
Embarking on a budget-friendly adventure with your pals? Look no further than the cheap hotels in Reykjavik offering the ultimate perk – free parking! Imagine rolling up in your trusty vehicle, ready to hit the road for your Icelandic escapades without worrying about those pesky parking fees eating into your souvenir budget. With a bit of research, you can find the perfect spot to rest your adventurous souls, knowing your wheels are snug and secure – all without breaking the bank.
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Storm Hotel By Keahotels
From 215$
The 3-star Storm Hotel By Keahotels Reykjavik is located about 5 minutes' drive from the Lutheran Hallgrimskirkja Parish Church. Boasting location next to the unique Icelandic Phallological Museum, the venue offers 92 rooms together with a lobby bar onsite.
The accommodation is very close to the business district of Reykjavik and just a stroll from the historic Hofthi Residence. Laugavegur is within walking distance of the property in Reykjavik.
Storm Hotel By Keahotels is a short ride from the Pint-sized Icelandic Punk Offbeat Museum.
Certain rooms have private bathrooms.
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Hotel Leifur Eiriksson
From 97$
The 3-star Hotel Leifur Eiriksson Reykjavik boasts a central location not far from the Lutheran Hallgrimskirkja Parish Church. Guests will have access to a car park nearby for added convenience.
Laugavegur is within 5 minutes' walk of the venue, while Skolavorthustigur is around the corner. Klambratun Park is quite close to the accommodation in Reykjavik.
Hotel Leifur Eiriksson is surrounded by specialty shops and boutiques. You can get to the contemporary lakeside Rathhus City Hall in a few minutes by car.
The rooms have private bathrooms with a walk-in shower and a separate toilet.
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Freyja Guesthouse & Suites
From 207$
A beautiful location of Freyja Guesthouse & Suites Reykjavik provides easy access to Vesturbaejarlaug Swimming Pool within a 25-minute walk. Featuring 11 rooms with views of the garden, this guest house is set within a short ride from the forested Oskjuhlith Park.
The property is conveniently nestled in Reykjavik 101 district, not very far from the Lutheran Hallgrimskirkja Parish Church. The venue is 2.4 km from Laugardalslaug Geothermal Pool in Reykjavik.
Freyja Guesthouse & Suites is an ideal place for exploring Asgrimur Jonsson Collection Museum located nearby.
You will find a microwave oven, a full-sized refrigerator, and coffee and tea making facilities in the rooms.
Family Cheap Hotels in Reykjavik
When traveling with your friends to Reykjavik, finding a family cheap hotel is like striking gold. Imagine cozying up in comfortable accommodations without breaking the bank, allowing for more budget-friendly adventures and unforgettable memories with your squad. From shared rooms with bunk beds for late-night giggles to common areas perfect for group hangouts, these hotels offer a home away from home for you and your travel companions. So, pack your bags, gather your pals, and get ready for a wallet-friendly stay in the charming city of Reykjavik.
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Hotel Klettur
From 152$
The superior Hotel Klettur Reykjavik is a 3-star venue set approximately a 5-minute drive from Hlemmur. Wi-Fi is available here throughout the accommodation.
Parking is less than 1.9 km away. The hotel is 15 minutes' walk from Reykjavik city centre and 10 minutes by car from Reykjavik airport.
This superior property is enclosed by cafés and restaurants. You can get to the Lutheran Hallgrimskirkja Parish Church in a few minutes by car.
The rooms have private bathrooms with a walk-in shower and a separate toilet. Some units at Hotel Klettur include a coffee maker and a refrigerator.
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Nordurey Hotel City Garden
From 154$
This venue is located in the heart of Reykjavik, near Laugardalslaug Geothermal Pool and 14 minutes' walk from Laugardalur Park. High-speed Internet access is included in the rooms.
The unique Icelandic Phallological Museum is less than 1.6 km away. It takes 15 minutes on foot to get to Reykjavik city centre.
Nordurey Hotel City Garden is a short ride from the Lutheran Hallgrimskirkja Parish Church.
Bathrooms with a separate toilet and a shower are provided in the rooms.
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City Center Hotel
From 646$
Featuring Wi-Fi throughout the property, City Center Hotel Reykjavik is set a 5-minute drive from the futuristic revolving glass-domed fine Perlan Dining Restaurant. It is 450 metres from Old Harbour and a few steps from Laugavegur.
You can stroll over to the entertainment Reykjavik 101 district and enjoy Arnarholl Statue located nearby. The venue is 5 minutes' walk from Reykjavik city centre and 10 minutes by car from Reykjavik airport.
City Center Hotel is a short ride from Laugavegur Shopping Street.
The rooms have private bathrooms with a walk-in shower, a separate toilet, and a bath. Guests can enjoy views of the garden. Also, the hotel features parquetry flooring.
Pet-Friendly Cheap Hotels in Reykjavik
Looking for a budget-friendly getaway in Reykjavik with your furry friends? Look no further! There are a variety of pet-friendly hotels in the city that offer a cozy and inviting atmosphere for you and your pals to enjoy. From comfy beds to friendly staff, these accommodations provide the perfect base for your adventures in Iceland's capital. So pack your bags (and your pet's favorite toys) and get ready for a paw-some experience in Reykjavik!
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Fosshotel Lind
From 176$
The charming 3-star Fosshotel Lind Reykjavik offers accommodation near Hlemmur and overlooks the church. The bird-filled park "Parc Hljomskalagardur" is 1.6 km away and Laugavegur is only a 10-minute walk from the property.
You can stroll over to the business Reykjavik 101 district and enjoy Arctic Photo Gallery located nearby. The city centre of Reykjavik can be reached in 15 minutes on foot.
Fosshotel Lind is a short ride from the indoor sporting Laugardalsholl Arena.
A separate toilet and a shower are provided.
Cheap Weekly Hotels in Reykjavik
When traveling with friends and looking for a budget-friendly option in Reykjavik, cheap weekly hotels can be a game-changer. Picture this: cozying up in a room with your pals after a day of exploring the breathtaking Icelandic landscapes, sharing stories and laughter late into the evening. These weekly hotels offer a practical solution for those seeking a comfortable yet affordable accommodation while having the freedom to come and go as you please. It's the perfect hub for your squad to recharge and plan your next adventure in the land of ice and fire.