Cheap Hotels & Resorts in Reykjavik from NZ$161

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Best Reykjavik Cheap Hotels

Reykjavik Marina - Berjaya Iceland Hotels
4.0 star property
9.0 out of 10, Wonderful, (1003)
"The hotel was pretty awesome! everyone was super friendly and the hotel was really pleasantly decorated, it’s right by some restaurants and the water. My partner dropped his phone in a puddle and they gave us rice to put his phone in. No parking at the property so heads up but overall a really awesome experience, would definitely stay again"
The price is NZ$233
per night
19 May - 20 May
Reykjavik Marina - Berjaya Iceland Hotels
22 Hill Hotel
3.0 star property
8.8 out of 10, Excellent, (1002)
"I had an amazing experience at 22 Hill hotel, staff were very pleasant, very clean hotel and room, excellent shower and very comfy bed. I would highly recommend 22 Hill Hotel "
The price is NZ$187
per night
14 May - 15 May
22 Hill Hotel
Konvin Hotel by Reykjavik Keflavik Airport
3.0 star property
8.6 out of 10, Excellent, (1005)
"Unattractive area, but convenient to the airport and a fairly comfortable place. "
The price is NZ$204
per night
13 May - 14 May
Konvin Hotel by Reykjavik Keflavik Airport
Stay Apartments Bolholt
3.0 star property
8.4 out of 10, Very good, (935)
"It was a perfect stay for us."
The price is NZ$188
per night
14 May - 15 May
Stay Apartments Bolholt
Kef Guesthouse by Keflavík airport
3.0 star property
8.4 out of 10, Very good, (682)
"The hotel has excellent location for passengers who will take flights soon. It is actually a Guesthouse not really a Hotel. For the purpose, it is great. Basic services provided, breakfast included."
The price is NZ$188
per night
12 May - 13 May
Kef Guesthouse by Keflavík airport
Fosshotel Raudara
3.0 star property
8.2 out of 10, Very good, (490)
"Hotel is a bit dated but perfectly clean and perfect for a stay in Iceland. By the bus stops. Breakfast was a god send. Absolutely must take the breakfast option. Sets you up for the day."
The price is NZ$221
per night
13 May - 14 May
Fosshotel Raudara
Iceland Comfort Apartments
2.5 star property
8.0 out of 10, Very good, (833)
"Great location outside of the hustle and bustle of the city centre but also only a short drive into Reykjavic. Self check in work very well with easy to follow instructions. Appartment was clean with all necessary amenities. A good selection of local shops inc a great coffee shop and supermarket."
The price is NZ$242
per night
12 May - 13 May
Iceland Comfort Apartments
Brim hotel
3.0 star property
8.0 out of 10, Very good, (423)
"Great simple stay for New Year with good quality breakfast "
Brim hotel
Capital Inn
2.0 star property
7.2 out of 10, Good, (680)
"It was very clean and the beds were very comfortable. I just wish the room was a bit bigger. Also when I booked online it stated there was an in room sink. Our room did not have this, only a tv a small dresser and the beds."
Capital Inn
Travel Inn Guesthouse
2.5 star property
6.4 out of 10, (371)
"Basic but value for money.Safe and fairly quiet "
The price is NZ$161
per night
13 May - 14 May
Travel Inn Guesthouse
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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.

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.
How many cheap hotels should I expect to find in Reykjavik?
Expedia has 15 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.