Cheap Hotels in Reykjavik

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Cheap Hotels in Reykjavik

Lowest nightly price found within the past 24 hours based on a 1 night stay for 2 adults. Prices and availability subject to change. Additional terms may apply.

Top neighborhoods in Reykjavik

Downtown Reykjavik

Downtown Reykjavik captivates visitors with its eye-catching mix of colorful iron houses and bold modern architecture. The towering Hallgrímskirkja church dominates the skyline, while cultural gems like Harpa concert hall and quirky Iceland Phallological Museum await exploration. You can stroll past Parliament House or check out local art at Reykjavik Art Museum all within this walkable cultural hub. Most attractions are just a 10-minute walk apart, making this neighborhood perfect for curious travelers who hate waiting for buses. Traditional restaurants serve up authentic Icelandic cuisine like fermented shark and fresh seafood, while cozy boutique hotels offer that signature Nordic minimalist charm with geothermal heating.

Vesturbær

Vesturbær blends student life with coastal charm on Reykjavík's western edge. The University of Iceland campus adds youthful energy while Atlantic Ocean paths offer stunning Mount Esja views. Nearby, you can explore the Aurora Reykjavík Northern Lights Center or take refreshing dips at Vesturbaejarlaug Swimming Pool. Student-friendly cafes serve hearty Icelandic comfort food at reasonable prices. Accommodation options range from cozy guesthouses to apartment rentals in colorful Nordic buildings. The neighborhood's efficient bus system connects to downtown, though many visitors prefer exploring the flat, walkable streets.

Hlíðar

Hlíðar gives you front-row tickets to real Reykjavik life without the tourist crowds. The towering Hallgrímskirkja church stands like a concrete rocket ship, making it impossible to get lost. Wind through colorful Nordic houses and apartment blocks to find the Einar Jónsson Museum's fascinating sculptures. The steep hillside streets make for thigh-burning walks but reward you with stunning city views. Cozy cafes serve hearty Icelandic comfort food at prices that won't make you wince. Guesthouses and apartment rentals offer budget-friendly alternatives to downtown's pricey hotels. Reykjavik's efficient bus system connects you to downtown attractions while the quiet residential atmosphere gives you a peaceful home base.

Laugardalur

Laugardalur invites you to soak in steaming geothermal pools while snow-capped mountains create a dramatic backdrop. The botanical gardens showcase hardy Arctic plants along winding paths perfect for peaceful afternoon strolls. Families splash at Laugardalslaug's naturally heated waters, while sports enthusiasts check out the national stadium's modern design. Local buses connect you to downtown Reykjavik in minutes, with bike-friendly paths throughout this green district. Casual cafés near the pools serve traditional Icelandic fare when you need to refuel. Most visitors stay in central Reykjavik, though local guesthouses offer an authentic neighborhood experience.

Háaleiti

Háaleiti lets you live like a local in this peaceful residential area of Reykjavik. Wander the quiet streets or explore the green spaces of Fossvogur Valley with its walking trails and open meadows. Kids play in neighborhood parks while the clean Nordic air refreshes your senses, all just a short trip from downtown attractions. Daily life revolves around small cafés serving simple Icelandic fare and local bakeries filling the air with fresh bread aromas. While shopping options are limited to convenience stores, Kringlan Shopping Mall offers retail therapy nearby. Renting a car is recommended, though bus service connects you to central Reykjavik's bustling harbor and nightlife.

Top landmarks in Reykjavik

Frequently asked questions

How much is a cheap hotel in Reykjavik?
In Reykjavik, there are 13 budget hotels to choose from. Remember to sort your results by "Price: low to high" when searching for the cheapest Reykjavik hotels.
  • Take a look at the lowest price per night $131
What is the cheapest area in Reykjavik?
When you're looking for cheap hotels in Reykjavik, location is key. Downtown Reykjavik and Laugardalur often have great budget-friendly options available. Are you looking to stay in another area of the city? Pinpoint low-cost hotels in the another part of town using our map feature.
Are all taxes and fees included in the Reykjavik hotel prices shown on Hotels.com?
Hotels.com provides upfront pricing so you can relax knowing you won't be met with surprise additional fees or taxes when you're ready to confirm your booking. From the time you start your search on Hotels.com, the price you see is what you pay. This makes it much easier to compare properties and secure our best deal for your next getaway.
What are the best cheap hotels in Reykjavik?
For a cheap hotel in Reykjavik with glowing reviews, consider Hostel B47, which features free WiFi and free parking. You can also look at KEX Hostel and Hotel Reykjavik or Hotel Von.
Can I stay in a hostel in Reykjavik?
Hostels can be a cheaper alternative to Reykjavik hotels, as you can stay in a shared dormitory. There are 11 hostels in Reykjavik. KEX Hostel and Hotel Reykjavik offers free in-room WiFi and a bar. Hostel B47 has free WiFi in public areas and free parking. Bus Hostel Reykjavik is another low-cost option.
What are the best cheap things to do in Reykjavik?
Sightseeing doesn't have to be expensive. For some things to do in Reykjavik, stroll along Laugavegur or you can get outdoors at Reykjavik Pond. Be certain to include a visit to Nautholsvik Geothermal Beach.