A coastal town with colorful buildings, a large body of water, and snow-capped mountains in the background.

Cheap Hotels & Resorts in Reykjavik from NZ$283

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Our top choices for Reykjavik cheap hotels

Konvin Hotel by Reykjavik Keflavik Airport

Konvin Hotel by Reykjavik Keflavik Airport
3.0 star property
Reykjanesbær
8.6 out of 10, Excellent, (1,205 reviews)
"Restaurant on property is excellent"
United States
Donald
The price is NZ$354
includes taxes & fees
7 July - 8 July
Konvin Hotel by Reykjavik Keflavik Airport

201 Hotel

201 Hotel
4.0 star property
Kópavogur
8.6 out of 10, Excellent, (1,001 reviews)
"Wonderful deal, great breakfast, modern and clean hotel."
United States
Ada
The price is NZ$353
includes taxes & fees
6 July - 7 July
201 Hotel

Hotel Duus

Hotel Duus
3.5 star property
Reykjanesbær
8.0 out of 10, Very good, (1,001 reviews)
"Check in was very easy and room was nice and clean"
United States
Emma
The price is NZ$311
includes taxes & fees
22 July - 23 July
Hotel Duus

Lighthouse Inn

Lighthouse Inn
3.5 star property
Suðurnesjabær
9.8 out of 10, Exceptional, (1,000 reviews)
"Great option for a family room close to the airport with breakfast. Friendly staff, spacious room and lovely views."
United States
Kristina
The price is NZ$365
includes taxes & fees
12 July - 13 July
Lighthouse Inn

Courtyard by Marriott Reykjavik Keflavik Airport

Courtyard by Marriott Reykjavik Keflavik Airport
4.0 star property
Reykjanesbær
9.2 out of 10, Wonderful, (1,021 reviews)
"Close to the airport, clean spacious room, wonderful staff."
United States
Tricia
The price is NZ$658
includes taxes & fees
7 July - 8 July
Courtyard by Marriott Reykjavik Keflavik Airport

Reykjavik Lights by Keahotels

Reykjavik Lights by Keahotels
3.0 star property
Háaleiti
9.2 out of 10, Wonderful, (1,006 reviews)
"Friendly and very helpful staff Convenient location"
United States
Emily
The price is NZ$540
includes taxes & fees
7 July - 8 July
Reykjavik Lights by Keahotels

Aska Hraun

Aska Hraun
2.0 star property
Hafnarfjörður
9.0 out of 10, Wonderful, (2 reviews)
"The location from outside not look that good and was lucky to have one parking spot avilable. Room very clean as well as washroom,look like been totally renovated. There is no front desk,everything done by codes for main entry door and your room once you check-in. Only negative concerns, that heater Knob was broken and we was unable to reduce room temperature, ended up by sleeping and keep window open,I already called the hotel staff but couldn't help."
Canada
Moustafa
The price is NZ$283
includes taxes & fees
7 July - 8 July
Aska Hraun

Hótel Berg

Hótel Berg
4.0 star property
Reykjanesbær
9.4 out of 10, Exceptional, (1,196 reviews)
"Great property, very clean, and great breakfast!"
United States
Phillip
The price is NZ$566
includes taxes & fees
28 July - 29 July
Hótel Berg

Hotel Reykjavík Grand

Hotel Reykjavík Grand
4.0 star property
Laugardalur
9.0 out of 10, Wonderful, (1,016 reviews)
"We had an excellent stay, the room was clean and staff were friendly"
Canada
Darry
The price is NZ$655
includes taxes & fees
13 July - 14 July
Hotel Reykjavík Grand

Hotel Vellir

Hotel Vellir
3.0 star property
Hafnarfjordur
9.0 out of 10, Wonderful, (1,002 reviews)
"Rooms were clean, breakfast was great and staff were very helpful and kind!"
Canada
Kelly
The price is NZ$346
includes taxes & fees
5 July - 6 July
Hotel Vellir
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.

Find out more about Reykjavik

Discover cheap things to do in Reykjavik

Reykjavik offers a wealth of experiences for budget-conscious travellers looking to explore without breaking the bank. Start your adventure at the iconic Hallgrímskirkja, where a modest fee grants you access to the tower's viewing platform, offering breathtaking panoramic views of the city and surrounding landscapes. A stroll through the vibrant Laugavegur shopping street not only delights with its unique boutiques but also provides a chance to sample affordable street food; try the famous hot dogs from Bæjarins Beztu Pylsur, a local favourite. Don't miss the beautiful Tjörnin pond, where you can enjoy a peaceful walk and watch the local birdlife, all completely free. For a bit of culture, the National Museum of Iceland has an entrance fee that's easy on the wallet, showcasing the country's fascinating history. When it comes to accommodation, consider staying in the trendy downtown area, where numerous budget hotels and hostels are just a stone's throw from these attractions, making it convenient to explore on foot. This area is filled with charming cafes and restaurants, perfect for sampling local delicacies at reasonable prices, ensuring your family enjoys the best of Reykjavik without overspending.

Find the best cheap hotels in Reykjavik

For budget-conscious travellers visiting Reykjavik, these fantastic hotels offer excellent value without compromising on comfort or amenities. Each option ensures a pleasant stay while keeping costs down.

Guesthouse Sunna

  • Why it's great for a budget-friendly vacation: With an excellent traveler review rating of 9.2, Guesthouse Sunna is an excellent budget-friendly option for visitors to Reykjavik. The hotel features free Wi-Fi, self-parking, and nearby parking options, ensuring travelers can explore the city with ease without worrying about additional costs.
  • Other amenities: This guesthouse offers shared kitchen facilities, allowing travelers to prepare their own meals, while daily housekeeping contributes to a comfortable stay. Rooms are equipped with essential amenities, including microwaves and refrigerators. Additionally, rollaway beds are available at no charge, catering to diverse traveler needs.
  • Neighborhood: Downtown Reykjavik
  • Nearby attractions: Laugavegur - 0.5 km, Hallgrimskirkja - 0.1 km, Reykjavik Free Church - 0.7 km

Rey Apartments

  • Why it's great for a budget-friendly vacation: Rey Apartments is a superb choice for budget travellers with a traveler review rating of 9.2, providing essential amenities at an affordable price. The hotel offers free Wi-Fi and a 24-hour airport shuttle, making it convenient for both arrivals and departures.
  • Other amenities: Guests can enjoy well-equipped rooms featuring kitchenettes, ovens, and refrigerators, perfect for those who prefer self-catering. Additional conveniences include a concierge service and the option for free street parking. Nearby locations provide opportunities for hiking and biking, ensuring travelers can explore the natural beauty of Iceland.
  • Neighborhood: Downtown Reykjavik
  • Nearby attractions: Laugavegur - 0 km, Hallgrimskirkja - 0.5 km, Reykjavik Free Church - 0.6 km

Top Reykjavik Hotel Reviews

Frequently asked questions

What is Reykjavik like for travellers on a budget?
Reykjavik offers cheap accommodation options and a range of things to see and do, making it a great holiday choice for budget-conscious travellers. In addition to its well-known attractions such as Reykjavik Harbour, this destination is home to Reykjavik Pond and Oskjuhlid Hill, which you can enjoy while spending very little.
What's the best place to stay on a budget in Reykjavik?
Based on reviews, Hotel Von is a popular hotel for our travellers who want a more economical choice, and features free Wi-Fi and a bar. Other good options for your budget-friendly stay include KEX Hotel and Hostel Reykjavik and Old Town Reykjavik.
How many cheap hotels should I expect to find in Reykjavik?
Expedia has 14 hotels in Reykjavik that are ideal if you are watching your pennies.
When is the best time for a budget trip to Reykjavik?
Weather is probably a major factor when you plan your trip to Reykjavik, 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 10°C, while the coldest months are December and January, with an average of 0°C. Average annual precipitation for Reykjavik is 1281 mm.
What is there to see and do in Reykjavik?
Reykjavik attracts visitors with its top museums and abundant cafes, and offers plenty to see and do without spending a fortune. You can budget for the top local attractions that interest you most, such as Reykjavik Harbour, and then look for sights and activities that cost little or nothing at all. If you're looking to enjoy the area's natural beauty, you can get outdoors at Reykjavik Pond, Nautholsvik Geothermal Beach or Oskjuhlid Hill.
How can I get to Reykjavik and get around on a budget?
Scoping out the transportation options in Reykjavik is a smart way to keep your trip affordable. The nearest airport is 1.2 mi (2 km) from the centre in Reykjavik (RKV-Reykjavik Domestic). However, if that doesn't suit your budget, you can look into flights to Keflavik International Airport (KEF), which is 23.2 mi (37.3 km) away. Reykjavik might not have many public transport choices so renting a car could be a reasonable alternative to see more of the area.

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