Cheap Hotels & Resorts in Myvatn from NZ$154

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Our top choices for Myvatn cheap hotels

Mývatn - Berjaya Iceland Hotels

Mývatn - Berjaya Iceland Hotels
3.5 star property
Myvatn
9.2 out of 10, Wonderful, (749)
"Very cozy and inviting hotel. Bar, restaurant and pool area are one of a kind. Our room was a bit small - but still a nice. "
Germany
Franziska
The price is NZ$257
includes taxes & fees
12 Jan - 13 Jan 2026
Mývatn - Berjaya Iceland Hotels

Eldá Guesthouse

Eldá Guesthouse
3.0 star property
Myvatn
8.4 out of 10, Very good, (161)
"Wonderful rooms and wonderful staff, incredibly helpful!"
United States
Noah
The price is NZ$154
includes taxes & fees
19 Dec - 20 Dec
Eldá Guesthouse

Vogafjós Guesthouse

Vogafjós Guesthouse
2.0 star property
Myvatn
9.2 out of 10, Wonderful, (515)
"Great accommodation in rustic cabins with a fantastic restaurant. "
United States
Florian
The price is NZ$244
includes taxes & fees
20 Dec - 21 Dec
Vogafjós Guesthouse

Hlíd Hostel

Hlíd Hostel
1.5 star property
Myvatn
7.0 out of 10, Good, (40)
"Simple accommodation in a nice surrounding."
Germany
Rafael
Hlíd Hostel

Aska Modern Cabin

Aska Modern Cabin
3.0 star property
Myvatn
9.0 out of 10, Wonderful, (22)
"Beautiful, warm very comfortable cabin with splendid views. Really excellent breakfast "
United Kingdom
Fiona
The price is NZ$248
includes taxes & fees
21 Dec - 22 Dec
Aska Modern Cabin

Eldá apartments

Eldá apartments
3.0 star property
Myvatn
8.6 out of 10, Excellent, (21)
"Excelent location and good space. "
United States
Brenda
The price is NZ$221
includes taxes & fees
22 Dec - 23 Dec
Eldá apartments

Hlid Cottages

Hlid Cottages
3.0 star property
Myvatn
8.8 out of 10, Excellent, (24)
"The place is worth stay "
United States
Javier
Hlid Cottages

Guesthouse Brekka

Guesthouse Brekka
3.0 star property
Husavik
9.6 out of 10, Exceptional, (101)
"Friendly, accomodating staff. Great location. Great breakfasts."
Canada
Timothy
The price is NZ$330
includes taxes & fees
18 Jan - 19 Jan 2026
Guesthouse Brekka

Vallakot Farm Guesthouse

Vallakot Farm Guesthouse
3.5 star property
Laugar
10.0 out of 10, Exceptional, (17)
"The restaurant served excellent food."
United States
Jimmy
The price is NZ$238
includes taxes & fees
19 Dec - 20 Dec
Vallakot Farm Guesthouse
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 Myvatn Hotel Reviews

Frequently asked questions

What is Myvatn like for travellers on a budget?
Myvatn has cheap accommodation options and a variety of places to visit, making it a great getaway spot for budget travellers. You can find ways to save money while getting to know this destination, which is home to attractions such as Lake Myvatn, Myvatn Nature Baths and Namafjall.
What's the best place to stay on a budget in Myvatn?
Based on our traveller reviews, Hlíd Hostel is a top choice for a less expensive stay.
When is the best time for a budget trip to Myvatn?
Weather is probably a major factor when you plan your trip to Myvatn, but bear in mind that cheaper options are usually available when the weather isn't as good. The hottest months are usually July and August, with an average temperature of 8°C, while the coldest months are December and January, with an average of -3°C. Average annual precipitation for Myvatn is 1367 mm.
What is there to see and do in Myvatn?
Myvatn attracts visitors with its fantastic dining options and lakeside setting, and offers plenty to see and do without spending a fortune. You can budget for the local attractions that interest you most, and then fill your itinerary with sights that cost very little. If you're eager to get outdoors, you can enjoy the natural setting at Lake Myvatn, Myvatn Nature Baths or Namafjall.
How can I get to Myvatn and get around on a budget?
Scoping out the transportation options in Myvatn is a smart way to keep your trip affordable. The most convenient airport is Akureyri (AEY), 30.2 mi (48.6 km) away. Myvatn might not have very many public transport choices so a car rental could be an economical alternative to explore more of the area.