Cheap Hotels in Reykjavik

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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, $
Skuggi Hotel By Keahotels

8.4 / 10

(1544 Reviews)

From 265$
100 Iceland Hotel

7.5 / 10

(1367 Reviews)

From 108$
Storm Hotel By Keahotels

8.7 / 10

(889 Reviews)

From 224$
Reykjavik Lights Hotel By Keahotels

8.7 / 10

(1078 Reviews)

From 236$
The Swan House By Heimaleiga

8.4 / 10

(3214 Reviews)

From 691$

Welcome fellow travelers! Today, we're diving into the vibrant and eclectic nightlife scene of Reykjavik, Iceland, without emptying our wallets. As we all know, enjoying a city's after-dark offerings can often come with a hefty price tag. But fear not, as there are budget-friendly options when it comes to accommodations that won't break the bank.

Embarking on a backpacking adventure through Reykjavik opens up a world of possibilities for exploring the city's nightlife scene without compromising on comfort or style. Let's delve into how you can make the most of your evenings in this Icelandic capital while staying in affordable hotels that cater to your budget.

From trendy bars to lively clubs, Reykjavik is known for its bustling nightlife that caters to all tastes and preferences. As you navigate through the city's diverse offerings, you'll find yourself immersed in an unforgettable experience that won't leave you counting pennies. With a variety of budget-friendly hotel options available, you can enjoy Reykjavik's nightlife to the fullest without breaking the bank.

So, grab your backpack and get ready to explore Reykjavik's vibrant nightlife scene with me, Marianna. Let's uncover the hidden gems of this Icelandic city while staying in affordable accommodations that will make your budget-friendly trip a memorable one.

Reykjavik Accommodation lists:

Best Cheap Hotels in Reykjavik

Table of contents

Skuggi Hotel By Keahotels 100 Iceland Hotel Storm Hotel By Keahotels Reykjavik Lights Hotel By Keahotels Good Cheap hotels in Reykjavik The Swan House By Heimaleiga Hotel Cabin Fosshotel Baron Cheap Hotels in Downtown Reykjavik Icelandic Apartments By Heimaleiga Fosshotel Rauthara Hotel Fron

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8.4
Very good
1544 Reviews

Skuggi Hotel By Keahotels

📍 Hverfisgata 103

From 265$

Skuggi Hotel By Keahotels Reykjavik offers 3-star accommodation around 5 minutes by car from Kolaportith. It offers modern rooms, Wi-Fi throughout the venue and a car park on site.

The hotel is located in the shopping Reykjavik 101 district. The huge 1990 stainless-steel Sun Voyager Sculpture is 650 metres from the property, while Snorrabraut / Hlemmur bus station is 450 metres away.

The venue enjoys a central location behind mountains. Icelandic Phallological Museum and Hallgrimskirkja are just a short stroll away.

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7.5
Very good
1367 Reviews

100 Iceland Hotel

📍 Laugavegur 100

From 108$

Overlooking the city, 100 Iceland Hotel is a 17-minute walk from Harpa Concert Hall and Conference Centre in Reykjavik. Boasting location next to the Lutheran Hallgrimskirkja Parish Church, the venue offers 18 rooms together with a lounge bar onsite.

Situated in Reykjavik 101 district, the accommodation is set 0.8 km from Hofthi. It is located approximately 2 km from the centre of Reykjavik.

100 Iceland Hotel is near Icelandic Phallological Museum.

The rooms include a bathroom with a separate toilet and a shower.

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8.7
Excellent
889 Reviews

Storm Hotel By Keahotels

📍 Thorunnartun 4

From 224$

Set 2 km from the centre of Reykjavik, Storm Hotel By Keahotels offers Wi-Fi throughout the venue. Hofthi is located near the accommodation, and Reykjavik airport is approximately a 10-minute drive away.

The hotel is situated in the business district, 1.3 km from 12 Tonar Record Store. The domed fine Perlan Dining Restaurant is 10 minutes by car from the property.

The venue is close to Icelandic Phallological Museum.

The rooms also feature private bathrooms.

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Good Cheap hotels in Reykjavik

In Reykjavik, visitors can find numerous budget-friendly hotel options that offer comfortable accommodations without breaking the bank. These good cheap hotels generally provide clean and basic rooms, convenient locations, and friendly service, making them ideal choices for budget-conscious travelers looking to explore the city without sacrificing quality. With competitive rates and various room types to choose from, these accommodations provide a great value for those looking to experience Reykjavik on a budget.

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8.7
Excellent
1078 Reviews

Reykjavik Lights Hotel By Keahotels

📍 Sudurlandsbraut 12

From 236$

Situated near Asmundur Sveinsson Sculpture Museum, the sophisticated Reykjavik Lights Hotel By Keahotels offers a thermal pool and a shared lounge. The Lutheran Hallgrimskirkja Parish Church is a 5-minute drive from the venue and a 10-minute drive from Harpa Concert Hall and Conference Centre.

The accommodation is located in the entertainment district of Reykjavik. The centre of Reykjavik is reachable within 10 minutes' walk.

Reykjavik Lights Hotel By Keahotels also has a great location, with direct access to Grasagardur Botanical Garden.

The rooms have private bathrooms with a walk-in shower and a separate toilet. Certain units feature views of the mountain. Also, the venue features parquet flooring.

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8.4
Very good
3214 Reviews

The Swan House By Heimaleiga

📍 Vatnsstigur 11

From 691$

The Swan House By Heimaleiga Aparthotel is a 3-star property in Reykjavik 101 district steps away from cafรฉs, bars, and restaurants. Guests will have access to public parking nearby for added convenience.

This aparthotel is not far from Kolaportith and Vesturbaejarlaug Swimming Pool is 2.1 km away. The venue is 10 minutes' walk from Reykjavik city centre and 10 minutes by car from Reykjavik airport.

The Swan House By Heimaleiga Aparthotel is set near Skolavorthustigur.

The rooms have private bathrooms with a walk-in shower and a separate toilet. Some units also feature coffee and tea makers, a fridge, and kitchenware.

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Hotels in Reykjavik

Hotel with balcony ๐ŸŒค๏ธ Skuggi Hotel By Keahotels
Most comfortable Hotel ๐Ÿ›๏ธ 100 Iceland Hotel
Top Hotel for couples ๐Ÿ’‘ Storm Hotel By Keahotels

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7
Good
2996 Reviews

Hotel Cabin

📍 Borgartun 32

From 190$

Hotel Cabin, located in Reykjavik East district, 2.5 km from Reykjavik Museum of Photography, features views of the city. Wi-Fi is available throughout the venue and a car park is provided on site too.

Reykjavik centre can be reached within 15 minutes' walk. The Culture House is 2.1 km from the accommodation, while Hotel Cabin bus station is 550 metres away.

Hotel Cabin is centrally located close to Solfar Sculpture.

The rooms have private bathrooms with a separate toilet and a shower.

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Cheap Hotels in Downtown Reykjavik

Cheap hotels in downtown Reykjavik offer budget-friendly accommodation options for visitors looking to explore the vibrant city without breaking the bank. Located in the heart of the city, these hotels provide convenient access to popular attractions, restaurants, and shops, allowing guests to enjoy all that Reykjavik has to offer without sacrificing comfort or convenience. Whether traveling for business or leisure, budget travelers can find a variety of affordable lodging options in downtown Reykjavik that provide a comfortable and welcoming stay during their time in Iceland's capital city.

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8
Very good
991 Reviews

Fosshotel Baron

📍 Baronsstigur 2

From 339$

Fosshotel Baron is a 3-star venue offering a terrace, a picnic area, and various recreational opportunities right in the centre of Reykjavik. Harpa Concert Hall and Conference Centre is 1.1 km from the accommodation, while Vesturbaejarlaug Swimming Pool is 2.1 km away.

You can stroll over to the entertainment Reykjavik 101 district and enjoy Icelandic Phallological Museum located nearby. The hotel is 15 minutes' walk from Reykjavik city centre and 10 minutes by car from Reykjavik airport.

Fosshotel Baron also has a central location, with direct access to Sundhollin Public Baths.

Some rooms look onto the Atlantic Ocean. A separate toilet and a shower are provided.

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8.8
Excellent
2712 Reviews

Icelandic Apartments By Heimaleiga

📍 Urdarhvarf 4

From 93$

Offering various recreational opportunities and a golf course, Icelandic Apartments By Heimaleiga Reykjavik is less than 1 km from Borgarbokasafnith. Situated in Kopavogur district, the aparthotel is set 2.6 km from Olgerthin Brewery.

You can get to the futuristic revolving glass-domed fine Perlan Dining Restaurant in a few minutes by car.

Many rooms offer views of the lake. Some units also feature a microwave oven, an electric kettle, and a full-sized fridge.

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8.1
Very good
997 Reviews

Fosshotel Rauthara

📍 Raudararstigur 37

From 268$

Set in the heart of Reykjavik, Fosshotel Rauthara is about a 25-minute walk from Reykjavik Family park and Zoo. Guests will have access to private car parking on site for added convenience.

The venue is centrally nestled in Reykjavik East district, not very far from Icelandic Phallological Museum. Nordic House is 1.9 km from the accommodation, while Reykjavik airport is 5 km from it.

Fosshotel Rauthara lies in close vicinity of Sundhollin Public Baths.

The rooms have private bathrooms with a separate toilet and a shower. Also, the hotel features parquet flooring.

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Cheap Hotels in Reykjavik with Free Parking

If you're looking for affordable accommodations in Reykjavik with free parking, there are several options to choose from that won't break the bank. These budget-friendly hotels provide a convenient yet economical choice for travelers looking to explore the city without worrying about expensive parking fees. With a variety of amenities and comfortable rooms, these cheap hotels offer a great value for those looking to save on their accommodation expenses while still enjoying all that Reykjavik has to offer.

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8.4
Very good
2104 Reviews

Hotel Fron

📍 Laugavegur 22A

From 118$

The enchanting venue is located right in the centre of Reykjavik within reach of Hallgrimskirkja and 0.8 km from Kolaportith. Highlights at this accommodation include a Georgian restaurant, a snack bar and Wi-Fi throughout the hotel.

The property offers a prime location about 5 km from Reykjavik airport and a few minutes' walk from Cafe Loki. Parc Hljomskalagardur is 1 km from the venue, while Laekjartorg bus station is 450 metres away.

Hotel Fron is a short ride from National Museum of Iceland.

Featuring en-suite bath, a microwave oven, a fridge, and a cooker, the rooms provide for comfortable stay.

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8.2
Very good
1880 Reviews

Igdlo Guesthouse

📍 Gunnarsbraut 46

From 146$

Featuring a picnic area and a garden, Igdlo Guesthouse is located in the very heart of Reykjavik, 14 minutes' walk from Frikirkjan i Reykjavik. The guest house also offers guests Wi-Fi in the rooms.

The venue is set in Reykjavik East district, a few steps from Einar Jonsson Sculpture garden and museum. Kolaportith is 1.8 km from the accommodation, while Klambratun bus station is 600 metres away.

Igdlo Guesthouse is a short ride from Reykjavik Cathedral.

The rooms also have wood flooring.

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8.6
Excellent
1267 Reviews

City Center Hotel

📍 Austurstraeti 6

From 252$

The high-quality City Center Hotel overlooks the garden and offers 30 rooms in Reykjavik. Due to the location in the heart of Reykjavik, it is easy to get to such landmark as Icelandic Phallological Museum, which is around 17 minutes' walk.

You can stroll over to the popular Reykjavik 101 district and enjoy Reykjavik Cathedral located nearby. Reykjavik University is a 10-minute ride from the venue, while Reykjavik airport is 5 km from it.

Nearby attractions include Laugavegur.

The rooms have private bathrooms with a walk-in shower, a separate toilet, and a bath. This accommodation offers parquetry flooring and elegant furniture for a pleasant stay.

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Family Cheap Hotels in Reykjavik

Family cheap hotels in Reykjavik provide budget-friendly accommodations for travelers looking to explore the city without breaking the bank. These hotels offer comfortable rooms, convenient location, and a range of amenities suitable for families such as family rooms, child-friendly services, and breakfast options. While staying at these hotels, families can enjoy easy access to popular attractions, shopping areas, and dining options in Reykjavik. With affordable rates and a welcoming atmosphere, family cheap hotels in Reykjavik provide a cost-effective and enjoyable stay for families looking to experience all that the city has to offer.

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8.3
Very good
1405 Reviews

Alva Hotel

📍 Armuli 5

From 124$

Set within 10 minutes' drive of Nautholsvik Geothermal Beach, this 2-star Alva Hotel Reykjavik is located near Asmundur Sveinsson Sculpture Museum. Featuring 30 rooms with views of the city, this venue is set within a short ride from The Sun Voyager.

The accommodation is at a moderate distance from Kringlan. It is 1 km from the centre of Reykjavik.

Nearby attractions include Asmundarsafn.

This property also offers rooms with a separate toilet, a bath, and a shower as well as an electric kettle, a fridge, and a cooktop.

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8.2
Very good
918 Reviews

Center Hotels Skjaldbreid

📍 Laugavegur 16

From 97$

Situated near a bar and restaurants about 800 metres away from Harpa Concert Hall and Conference Centre, this impressive Center Hotels Skjaldbreid Reykjavik comprises 33 rooms around 17 minutes walk from University of Iceland. There is Wi-Fi provided in public areas.

The venue is very close to the shopping district of Reykjavik and just a stroll from Skolavorthustigur. The property is set within 1 km distance from Reykjavik city centre.

Shoppers will enjoy a central location close to shops and a shopping street. This impressive hotel is not very far from The Culture House National Museum.

The rooms also have carpeted flooring.

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8
Very good
1210 Reviews

Fosshotel Lind

📍 Raudararstigur 18

From 270$

The enchanting 3-star Fosshotel Lind Reykjavik is set in a shopping area just 10 minutes on foot from the Lutheran Hallgrimskirkja Parish Church. Boasting a shared lounge and various recreational opportunities, the venue with church views offers 78 rooms adjacent to a bus stop.

You can stroll over to the business Reykjavik 101 district and enjoy Old Iceland located nearby. The art museum "National Gallery of Iceland" is quite close to the hotel in Reykjavik.

Fosshotel Lind also has a convenient location, with direct access to Icelandic Phallological Museum.

The bathrooms feature a separate toilet and a shower.

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Pet-Friendly Cheap Hotels in Reykjavik

For travelers looking to explore Reykjavik with their furry friends on a budget, there are plenty of pet-friendly cheap hotels in the city to choose from. These accommodations provide a comfortable and welcoming environment for both guests and their pets, with designated pet-friendly rooms and convenient amenities. Many of these hotels also offer easy access to nearby parks and walking trails, making it easy for guests to enjoy some quality time with their four-legged companions during their stay in Reykjavik.

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8.5
Very good
3845 Reviews

Oddsson Midtown Hotel

📍 Grensasvegur 18

From 893$

Featuring views over the mountain, Oddsson Midtown Hotel Reykjavik is located 19 minutes on foot from Asmundarsafn. Guests will have access to a car park on site for added convenience.

The venue is situated in the very heart of Reykjavik, near Hagkaup. Laugavegur is 3.2 km from the hostel, while Reykjavik airport is 10 km from it.

Oddsson Midtown Hotel is a short ride from the sand Nautholsvik Geothermal Beach.

There are rooms with parquet floor.

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8.1
Very good
1333 Reviews

Nordurey Hotel City Garden

📍 Hrisateigur 14

From 154$

Located in the very heart of Reykjavik, Nordurey Hotel City Garden offers fast access to Laugardalslaug Geothermal Pool within a 6-minute walk. Featuring 19 rooms with views of the garden, this venue is set within a short ride from Hallgrimskirkja.

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 just a few steps from Botanical Garden and Solfar Sculpture.

They feature bathrooms with a separate toilet and a shower.

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8.2
Very good
1494 Reviews

Center Hotels Klopp

📍 Klapparstig 26

From 93$

Center Hotels Klopp enjoys a central location in the heart of Reykjavik and offers direct access to Klambratun Park. Set near Hallgrimskirkja, the venue overlooks the bay and invites guests to have a drink at a coffee bar.

The accommodation is located 1.5 km from The Reykjavik Maritime Museum of Vikin and Vesturbaejarlaug Swimming Pool is 25 minutes' walk away. Near a bar and restaurants, the hotel is next to Laugavegur.

The rooms also have parquetry flooring.

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Cheap Weekly Hotels in Reykjavik

Reykjavik offers a variety of budget-friendly options for travelers looking for cheap weekly hotels. These accommodations provide convenient and comfortable stays at affordable rates, allowing visitors to explore the city without breaking the bank. With a range of locations and amenities to choose from, travelers can find the perfect base for their Icelandic adventures while staying within their budget. Whether it's a cozy guesthouse or a no-frills hotel, Reykjavik's cheap weekly hotels provide a welcoming and cost-effective option for those looking to spend an extended period in the vibrant capital city.

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8.5
Very good
1228 Reviews

Hotel Vera

📍 74 Laugavegur

From 268$

Area attractions, including Laugavegur and Hallgrimskirkja are located only a short walk from Hotel Vera Reykjavik. There is also a car park.

Kringlan is 2.5 km from the venue, while Frikirkjan i Reykjavik is 1.1 km away. Guests can get to Reykjavik city centre, which is 2 km away.

Hotel Vera is a short ride from Icelandic Fish and Chips.

The guestrooms are also equipped with a coffee maker, a refrigerator, and kitchenware.

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8.2
Very good
2116 Reviews

Hotel Orkin

📍 Brautarholt 29

From 149$

The charming Hotel Orkin Reykjavik is a 3-star venue placed a 5-minute ride from Cafe Loki. Featuring 22 rooms with views of the mountain, this accommodation is set within a short ride from Old Iceland.

The hotel offers a charming location about 5 km from Reykjavik airport and a few minutes' walk from Hateigskirkja. Within just a 25-minute stroll, you'll find popular attractions like the modern theatre "Volcano House".

The property is within reach of Hlemmur.

A separate toilet and a shower can be found in the bathrooms.

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8.3
Very good
1216 Reviews

Hotel Klettur

📍 Mjolnisholt 12 - 14

From 240$

Adorned by cafes and restaurants, about 600 metres from Sundhollin Public Baths, Hotel Klettur Reykjavik comprises 166 rooms. Situated in Reykjavik East district, the venue is set 2.5 km from Saga Museum.

This superior accommodation is located near the unique Icelandic Phallological Museum and Hlemmur. It is 2 km to the centre of Reykjavik.

The hotel is just a short walk from shops and a shopping street. You can get to Skolavorthustigur in a few minutes by car.

The rooms have private bathrooms with a walk-in shower and a separate toilet. There is also an electric kettle and a refrigerator.

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Location