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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 (940 Reviews) |
From 97$ | |
| Hotel Fron |
8.4 / 10 (2134 Reviews) |
From 118$ | |
| Hotel Cabin |
7.0 / 10 (3041 Reviews) |
From 133$ | |
| Fosshotel Rauthara |
8.1 / 10 (969 Reviews) |
From 232$ | |
| Fosshotel Baron |
8.0 / 10 (978 Reviews) |
From 238$ |
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 118$
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 133$
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.
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Fosshotel Rauthara
From 232$
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 238$
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.
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201 Hotel
From 115$
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 276$
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.
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Storm Hotel By Keahotels
From 347$
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 179$
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.
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Hotel Klettur
From 328$
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 120$
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.
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Fosshotel Lind
From 296$
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.