Budget hotels in Reykjavik

Find the Top Cheap and budget hotels in Reykjavik – 10+ Quality Options from Leading Providers

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22 Guests, 1 Room
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1-14 out of 14 hotels
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9.8
Perfect1 review
MapView on map1.5 km from City Centre200 m from Laugavegur
From   US$ 179 /nightSelect
  • Centrally located near shopping hub
  • Modern rooms with essential amenities
  • Northern Lights tours easily arranged
Hotel
9.6
Perfect2 reviews
MapView on map700 m from City Centre400 m from The Offices of the Cabinet of Iceland
From   US$ 209 /nightSelect
  • Direct access to bus tour services
  • Spacious studio apartments available
  • Connected restaurant for dining options
8.8
Great3 reviews
  • Outdoor patio
  • Dining bar
  • Event hall
1.1 km from City Centre300 m from Solfar Sun Voyager
From   US$ 46 /nightSelect
  • 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 /nightSelect
  • Mountain view rooms enhance visual experience
  • Cultural decor displays Icelandic history
  • 24-hour bus passes available at reception
8.8
Great15 reviews
  • Happy Hour
  • Luggage Storage
  • Family Suites
1.2 km from City Centre400 m from Solfar Sun Voyager
From   US$ 203 /nightSelect
  • Geothermal hot water sourced on-site
  • Complimentary evening soup and bread
  • Historic charm in first concrete building
  • Stylish Dorms
  • Happy Hour
  • Airport Transfers
2.0 km from City Centre600 m from Laugavegur
From   US$ 115 /nightSelect
  • Stylish double pod dormitory beds
  • Seamless tours and airport transfers
  • On-site happy hour for guests
  • Concierge service
  • Laundry services
  • Parking options
100 m from City Centre200 m from The Parliament House
From   US$ 121 /nightSelect
  • Unique local breakfast offerings
  • Stylish and modern decor
  • Daily snack availability
Guest house
6.0
Guest rating1 review
  • Communal Kitchen
  • Continental Breakfast
  • Laundry Facilities
900 m from City Centre200 m from Hallgrímskirkja Church
From   US$ 79 /nightSelect
  • Tour planning and activity assistance
  • Located in calm Thingholt neighbourhood
  • Family-owned guest house atmosphere
  • Hotel bar
  • Unique room styles
  • Luggage storage
900 m from City Centre100 m from Hallgrímskirkja Church
From   US$ 97 /nightSelect
  • 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 /nightSelect
  • 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 /nightSelect
  • Communal lounge and terrace available
  • Breakfast buffet served daily
  • Golf course proximity for activities
7.6
Very good1 review
  • Common Bar
  • Tour Desk
  • Lockable Storage
1.8 km from City Centre600 m from Reykjavik Art Museum: Kjarvalsstadir
From   US$ 50 /nightSelect
  • Direct access to bus terminal transportation
  • Organized affordable tours from the hostel
  • Individual charging outlets for every bed
  • Rooftop terrace
  • Bar/lounge
  • Shared kitchen
400 m from City Centre100 m from The Offices of the Cabinet of Iceland
From   US$ 66 /nightSelect
  • Rooftop terrace for city views
  • Eco-label certified for sustainability
  • Weekly social events for guests
  • Eco Cafe
  • Bicycle Parking
  • Family Rooms
3.2 km from City Centre1.8 km from Laugavegur
From   US$ 48 /nightSelect
  • Eco-friendly sustainability practices
  • Largest geothermal swimming pool nearby
  • Locally-roasted coffee at café