Cheap Hotels & Resorts in Reykjavik from NZ$119

  • Change your mind

    Book hotels with free cancellation
  • Treat yourself

    Sign in to save 10% or more on thousands of hotels
  • Be picky

    Search almost a million properties worldwide

Check availability on Reykjavik Cheap Hotels

This weekend
Next weekend

Our top choices for Reykjavik cheap hotels

Hotel Duus

Hotel Duus
3.5 star property
Reykjanesbær
8.2 out of 10, Very good, (1,000 reviews)
"Good spot for airport next morning"
United States
Lawrence
The price is NZ$187
includes taxes & fees
26 Apr - 27 Apr
Hotel Duus

Konvin Hotel by Reykjavik Keflavik Airport

Konvin Hotel by Reykjavik Keflavik Airport
3.0 star property
Reykjanesbær
8.6 out of 10, Excellent, (1,140 reviews)
"Good rooms. Close to airport."
United States
Michael
The price is NZ$213
includes taxes & fees
12 Apr - 13 Apr
Konvin Hotel by Reykjavik Keflavik Airport

Hotel Reykjavík Grand

Hotel Reykjavík Grand
4.0 star property
Laugardalur
9.0 out of 10, Wonderful, (1,005 reviews)
"comfortable beds, very nice staff, good location, good parking, nice restaurant "
United States
Andrew
The price is NZ$264
includes taxes & fees
28 Apr - 29 Apr
Hotel Reykjavík Grand

Courtyard by Marriott Reykjavik Keflavik Airport

Courtyard by Marriott Reykjavik Keflavik Airport
4.0 star property
Reykjanesbær
9.2 out of 10, Wonderful, (1,006 reviews)
"Beautiful hotel close to airport - missed my connection back to North America through Iceland. Perfect spot to spend 12 - 24 hours before I can get back home!"
United States
Rajeev
The price is NZ$333
includes taxes & fees
20 Apr - 21 Apr
Courtyard by Marriott Reykjavik Keflavik Airport

201 Hotel

201 Hotel
4.0 star property
Kópavogur
8.6 out of 10, Excellent, (1,000 reviews)
"Nice location, transportion nearby, friendly staff."
United States
Edna
The price is NZ$199
includes taxes & fees
6 Apr - 7 Apr
201 Hotel

CityHub Reykjavik

CityHub Reykjavik
2.0 star property
Downtown Reykjavik
9.2 out of 10, Wonderful, (418 reviews)
"Loved everything about this - perfect location, shared facilities were clean and high quality amenities "
United Kingdom
Emily
The price is NZ$160
includes taxes & fees
6 Apr - 7 Apr
CityHub Reykjavik

Blue Viking Pods

Blue Viking Pods
1.5 star property
Reykjanesbær
9.4 out of 10, Exceptional, (16 reviews)
"Clean and convenient for what we needed. "
United States
Elizabeth
The price is NZ$119
includes taxes & fees
14 Apr - 15 Apr
Blue Viking Pods

Lighthouse Inn

Lighthouse Inn
3.5 star property
Suðurnesjabær
9.8 out of 10, Exceptional, (1,000 reviews)
"As before, great location, warmand safe, near airport."
United Kingdom
Mike
The price is NZ$242
includes taxes & fees
12 Apr - 13 Apr
Lighthouse Inn

iStay Cottages

iStay Cottages
3.0 star property
Suðurnesjabær
9.2 out of 10, Wonderful, (420 reviews)
"Loved our stay"
Canada
Eric
The price is NZ$195
includes taxes & fees
14 Apr - 15 Apr
iStay Cottages

Fisherman's Village

Fisherman's Village
2.5 star property
Garðabær
9.2 out of 10, Wonderful, (1,000 reviews)
"The room was clean and very nice I wish they had a microwave but other than that it was a fantastic stay "
United States
Jonathan
The price is NZ$261
includes taxes & fees
12 Apr - 13 Apr
Fisherman's Village
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 restaurant. Other good options for your budget-friendly stay include Old Town Reykjavik and KEX Hotel and Hostel 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, Oskjuhlid Hill or Nautholsvik Geothermal Beach.
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.

Explore a world of travel with Expedia