Budget hotels in Reykjavik
Find the Top Cheap and budget hotels in Reykjavik – 70+ Quality Options from Leading Providers
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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
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
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
Hotel
- Family Suites
- Breakfast Buffet
- Excursion Booking
From
US$ 190
/night
- Unique family suite with mezzanine
- Direct booking discounts available
- Happy hour at the hotel bar
- 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
- Coffee Lounge
- Free Parking
- Small Library
2.8 km from City Centre1.0 km from Kringlan Shopping Mall
From
US$ 187
/night
- Easy self-check-in process
- Complimentary drinks in lounge area
- Accessible facilities for wheelchair users
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
Hotel
9.0
Perfect22 reviews10
2.0 km from City Centre500 m from Laugavegur
From
US$ 186
/night
The modern 22 Hill Reykjavik, lodged in the Reykjavik East district, boasts a snack bar and views of the mountain.
Hotel
- Buffet Breakfast
- Family Rooms
- 24-hour Security
3.7 km from City Centre1000 m from Kringlan Shopping Mall
From
US$ 76
/night
- Modern rooms with flat-screen TVs
- Buffet breakfast served daily
- Free parking available on-site
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
Bed & Breakfast
- Shared kitchen
- Picnic area
- Family rooms
1.4 km from City Centre400 m from Reykjavik Art Museum: Kjarvalsstadir
From
US$ 156
/night
- Soundproof family rooms available
- Garden views and picnic area
- Tour bookings for local attractions
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
- Hot tub
- Games room
- Bar lounge
800 m from City Centre400 m from Solfar Sun Voyager
From
US$ 104
/night
- On-site hot tub and games room
- Air-conditioned rooms with shared bathrooms
- 24-hour reception and security services
Bed & Breakfast
- Beautiful Garden
- Shared Kitchen
- Coffee Machines
1.4 km from City Centre400 m from Reykjavik Art Museum: Kjarvalsstadir
From
US$ 94
/night
- Diverse breakfast with Icelandic specialties
- Friendly hosts creating a family-like atmosphere
- Convenient access to tour pickup points
Guest house
- Hot tub
- Picnic area
- Family rooms
800 m from City Centre300 m from Hljomskalagardurinn
From
US$ 65
/night
- On-site hot tub for relaxation
- Express check-in and check-out services
- Sun terrace and picnic area
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
- Free Parking
- Shared Bathrooms
- Private Rooms
1.6 km from City Centre200 m from Laugavegur
From
US$ 211
/night
- Minimalist Scandinavian style rooms
- Flexible accommodation for all budgets
- Close to Laugavegur street attractions
Guest house
- Breakfast Buffet
- Parking Lot
- Laundry Room
900 m from City Centre200 m from Hallgrímskirkja Church
From
US$ 241
/night
- Views of iconic Hallgrimskirkja church
- Personalized local tour assistance
- Home-baked breakfast options available
Hostel
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
Hotel
- Playroom
- Loft Rooms
- Free Parking
2.1 km from City Centre600 m from Laugavegur
From
US$ 149
/night
- Unique family rooms with loft style
- Complimentary homemade cakes all day
- On-site games and activities for children
Guest house
- Shared Kitchen
- Food-sharing
- Communal Area
1.6 km from City Centre500 m from Reykjavik Art Museum: Kjarvalsstadir
From
US$ 131
/night
- Unique food-sharing cupboard for guests
- Cozy atmosphere with communal kitchen
- Complimentary beverages available all day
Guest house
- Shared Kitchen
- Furnished Terrace
- Community Dining
1.1 km from City Centre200 m from Hallgrímskirkja Church
From
US$ 211
/night
- Community dining with shared experiences
- Homemade breakfast with local specialties
- Personalized local activity recommendations
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
Hostel
- Shared Kitchen
- Common Lounge
- Dorm Rooms
4.3 km from City Centre1.4 km from Kringlan Shopping Mall
From
US$ 70
/night
- Privacy curtains for restful dorm stays
- Well-stocked kitchen for budget meals
- Automated check-in for flexible arrivals
Guest house
- Shared Kitchen
- Flat-screen TV
- Free Parking
1.5 km from City Centre500 m from Reykjavik Art Museum: Kjarvalsstadir
From
US$ 81
/night
- Shared kitchen with modern appliances
- Close to Hallgrímskirkja Church
- Flat-screen TV in every unit
Hotel
- Full Kitchens
- Balconies
- Concierge Service
700 m from City Centre400 m from The Offices of the Cabinet of Iceland
From
US$ 243
/night
- Balcony views for northern lights
- 24/7 complimentary hot beverages
- Access to local nightlife attractions
Hostel
- Shared Lounge
- City Views
- Board Games
1.2 km from City Centre300 m from Hallgrímskirkja Church
From
US$ 75
/night
- Close to major local attractions
- Shared kitchen for guest convenience
- Garden area for relaxation
Hotel
- Kitchenette
- Private bathroom
- Seating area
1.1 km from City Centre400 m from Hallgrímskirkja Church
From
US$ 138
/night
- Modern apartments with kitchenettes
- Located along Laugavegur Shopping Street
- Self check-in for quicker access
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
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
Guest house
- Car rental
- Tour desk
- Luggage storage
900 m from City Centre300 m from Hallgrímskirkja Church
From
US$ 119
/night
- Centrally located near city attractions
- Bicycle and car rental services available
- Free parking for guests' convenience
Hostel
- Shared Kitchen
- Luggage Storage
- Gastro Pub
2.7 km from City Centre1.4 km from Laugavegur
From
US$ 72
/night
- Family-run with local ingredients
- Located in geothermal hotspot Laugardalur
- Vibrant atmosphere with local activities
Hotel
- Family Rooms
- Golf Course
- Express Check-in
3.1 km from City Centre1.0 km from Kringlan Shopping Mall
From
US$ 214
/night
- Family rooms with seating areas
- On-site golf course for activities
- Express check-in and check-out service
Hotel
- On-site bar
- Luggage storage
- Concierge service
From
US$ 52
/night
- Locally sourced organic breakfast offerings
- Engaging local events at on-site bar
- Historical building with vintage charm
Hostel
- Shared Kitchen
- Garden
- TV Room
1.2 km from City Centre300 m from Hallgrímskirkja Church
From
US$ 81
/night
- Close to Hallgrímskirkja Church
- Shared kitchen for guest use
- Garden views in select rooms
Hotel
- Kitchenettes
- Parking
- Communal kitchen
1.6 km from City Centre300 m from Reykjavik Art Museum: Kjarvalsstadir
From
US$ 235
/night
- Well-equipped kitchenettes for self-catering
- Responsive management for quick assistance
- Stylishly decorated rooms enhance comfort
Guest house
- Family kitchenettes
- Beautiful gardens
- Buffet breakfast
800 m from City Centre300 m from Hljomskalagardurinn
From
US$ 174
/night
- Historical building with unique charm
- Personalized guest interaction with families
- Heated bathroom floor for comfort
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
Hotel
- Luggage Storage
- Digital Check-In
- Modern Rooms
2.0 km from City Centre600 m from Laugavegur
From
US$ 106
/night
- Self check-in system for privacy
- Modern design with updated amenities
- Secure luggage storage access
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
Hostel
- Shared Kitchen
- Lounge Area
- Luggage Storage
1.3 km from City Centre400 m from Hallgrímskirkja Church
From
US$ 134
/night
- Centrally located near popular attractions
- Shared kitchen for guest convenience
- Bar and lounge area for socializing
Hostel
- Shared Kitchen
- Garden Lounge
- Restaurant Bar
800 m from City Centre100 m from National Museum of Iceland
From
US$ 122
/night
- Garden with social lounge areas
- On-site restaurant and bar available
- Free shared kitchen for guests
Guest house
- Shared Kitchen
- Wheelchair Access
- Hiking Activities
From
US$ 105
/night
- On-site hiking activities available
- Shared kitchen for guest use
- Wheelchair access throughout hotel
Hostel
- Dining Area
- Social Events
- Communal Kitchen
1.4 km from City Centre200 m from Laugavegur
From
US$ 20
/night
- Prime central location for exploration
- In-house restaurant with local meals
- Community-oriented atmosphere for guests
Apartment
- Free parking
- Laundry access
- Tourist information
1.5 km from City Centre300 m from Laugavegur
From
US$ 190
/night
- Self-catering apartments with kitchenettes
- Located near major city attractions
- Spacious apartments for families
Apartment
- Luggage storage
- Kitchen
- Balcony
700 m from City Centre300 m from Hallgrímskirkja Church
From
US$ 171
/night
- Family-friendly restaurant with vegetarian options
- Allergy-free units available for guests
- Walking distance to Harpa Concert Hall
Guest house
- Shared kitchen
- Private bathrooms
- Express check-in
1000 m from City Centre300 m from Hljomskalagardurinn
From
US$ 125
/night
- 100 meters from BSI Bus Terminal
- Rooms with private or shared bathrooms
- Shared kitchen available for guests
Apartment
- Family rooms
- Luxury apartments
- Self check-in
600 m from City Centre300 m from The Offices of the Cabinet of Iceland
From
US$ 158
/night
- Luxury apartments on main shopping street
- Fully equipped kitchens for meal preparation
- Stylish interiors with designer furniture
Apartment
- Private Entrances
- Fully Equipped Kitchen
- Flat-Screen TV
1.1 km from City Centre400 m from Hallgrímskirkja Church
From
US$ 205
/night
- Penthouse with stunning city views
- Modern apartments with private entrances
- Two-bedroom large studio apartments
Apartment
- Flat-screen TV
- Luggage storage
- VIP check-in
4.3 km from City Centre2.0 km from The Pearl
From
US$ 93
/night
- Modern apartments with kitchenettes
- Free parking on-site
- Close to grocery store and restaurants
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