Budget hotels in Reykjavik
Find the Top Cheap and budget hotels in Reykjavik – 10+ Quality Options from Leading Providers
1-14 out of 14 hotels
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Hotel
9.8
Perfect11 review10
MapView on map1.5 km from City Centre200 m from Laugavegur
From
US$ 179
/night
- Centrally located near shopping hub
- Modern rooms with essential amenities
- Northern Lights tours easily arranged
Hotel
9.6
Perfect22 reviews10
MapView on map700 m from City Centre400 m from The Offices of the Cabinet of Iceland
From
US$ 209
/night
- Direct access to bus tour services
- Spacious studio apartments available
- Connected restaurant for dining options
Hostel
8.8
Great33 reviews10
- Outdoor patio
- Dining bar
- Event hall
1.1 km from City Centre300 m from Solfar Sun Voyager
From
US$ 46
/night
- Vintage industrial design throughout
- Heated outdoor patio for relaxation
- Multifunctional hall for events
- Happy hour
- Bar lounge
- On-site parking
3.0 km from City Centre1.1 km from Kringlan Shopping Mall
From
US$ 209
/night
- Mountain view rooms enhance visual experience
- Cultural decor displays Icelandic history
- 24-hour bus passes available at reception
Hotel
8.8
Great1515 reviews10
- Happy Hour
- Luggage Storage
- Family Suites
1.2 km from City Centre400 m from Solfar Sun Voyager
From
US$ 203
/night
- Geothermal hot water sourced on-site
- Complimentary evening soup and bread
- Historic charm in first concrete building
Hostel
- Stylish Dorms
- Happy Hour
- Airport Transfers
2.0 km from City Centre600 m from Laugavegur
From
US$ 115
/night
- Stylish double pod dormitory beds
- Seamless tours and airport transfers
- On-site happy hour for guests
Hotel
- Concierge service
- Laundry services
- Parking options
100 m from City Centre200 m from The Parliament House
From
US$ 121
/night
- Unique local breakfast offerings
- Stylish and modern decor
- Daily snack availability
Guest house
6.0
Guest rating11 review10
- Communal Kitchen
- Continental Breakfast
- Laundry Facilities
900 m from City Centre200 m from Hallgrímskirkja Church
From
US$ 79
/night
- Tour planning and activity assistance
- Located in calm Thingholt neighbourhood
- Family-owned guest house atmosphere
Hotel
- Hotel bar
- Unique room styles
- Luggage storage
900 m from City Centre100 m from Hallgrímskirkja Church
From
US$ 97
/night
- Iconic views of Hallgrimskirkja Church
- Unlimited access to complimentary beverages
- Charming historical architecture and ambiance
Hotel
- Free Parking
- Shared Kitchen
- Luggage Storage
2.0 km from City Centre600 m from Laugavegur
From
US$ 112
/night
- Self-check-in convenience with secure access
- Free parking right outside the hotel
- Shared kitchen with free coffee available
Guest house
- Communal Lounge
- Breakfast Buffet
- Parking Space
1.7 km from City Centre400 m from Reykjavik Art Museum: Kjarvalsstadir
From
US$ 76
/night
- Communal lounge and terrace available
- Breakfast buffet served daily
- Golf course proximity for activities
7.6
Very good11 review10
- Common Bar
- Tour Desk
- Lockable Storage
1.8 km from City Centre600 m from Reykjavik Art Museum: Kjarvalsstadir
From
US$ 50
/night
- Direct access to bus terminal transportation
- Organized affordable tours from the hostel
- Individual charging outlets for every bed
Hostel
- Rooftop terrace
- Bar/lounge
- Shared kitchen
400 m from City Centre100 m from The Offices of the Cabinet of Iceland
From
US$ 66
/night
- Rooftop terrace for city views
- Eco-label certified for sustainability
- Weekly social events for guests
Hostel
- Eco Cafe
- Bicycle Parking
- Family Rooms
3.2 km from City Centre1.8 km from Laugavegur
From
US$ 48
/night
- Eco-friendly sustainability practices
- Largest geothermal swimming pool nearby
- Locally-roasted coffee at café
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