A geothermal spa with a pool, wooden deck, and a modern building with large windows.

Budget Hotels in Myvatn, Northeastern Region

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Our top choices for Myvatn cheap hotels

A modern interior with large windows, a sofa, a chair, and a small table.

1. Hótel Laxá

Hótel Laxá
3.0 star property
Myvatn
9.2 out of 10, Wonderful, (886 reviews)
"Excellent place, extra clean and really spacious rooms."
United States
Cesar A
The price is P9,004
P10,409 total
includes taxes & fees
Nov 15 - Nov 16
Hótel Laxá
A modern house with a hot tub, outdoor seating, and a large window overlooking the landscape.

2. Mývatn - Berjaya Iceland Hotels

Mývatn - Berjaya Iceland Hotels
3.5 star property
Myvatn
9.2 out of 10, Wonderful, (851 reviews)
"Clean room, great view, awesome staff, good breakfast and the hottub with a view of the northern lights was amazing"
Canada
Richard
The price is P8,359
P9,689 total
includes taxes & fees
Nov 29 - Nov 30
Mývatn - Berjaya Iceland Hotels
Sundeck

3. Dimmuborgir Guesthouse

Dimmuborgir Guesthouse
3.0 star property
Myvatn
8.6 out of 10, Excellent, (278 reviews)
"The location is excellent"
Canada
Wenxin
The price is P7,368
P8,593 total
includes taxes & fees
Nov 10 - Nov 11
Dimmuborgir Guesthouse
A modern kitchen with wooden cabinets, a black countertop, and a green-tiled backsplash.

4. Aska Modern Cabin

Aska Modern Cabin
3.0 star property
Myvatn
9.2 out of 10, Wonderful, (27 reviews)
"Very nice and comfortable cabin. It had all the amenities as advertised. We were able to cook to save some money and its location was awesome."
United States
Kevin
The price is P10,943
P12,561 total
includes taxes & fees
Nov 19 - Nov 20
Aska Modern Cabin
A cozy room with a wooden interior, a sofa, a dining table, and large windows offering a view of a snowy landscape.

5. Hlid Cottages

Hlid Cottages
3.0 star property
Myvatn
9.0 out of 10, Wonderful, (29 reviews)
"The place is worth stay "
United States
Javier
The price is P13,175
P16,598 total
includes taxes & fees
Nov 12 - Nov 13
Hlid Cottages
A building with a Mitsubishi van parked in front, a wooden fence, and a view of the night sky with green aurora.

6. Eldá apartments

Eldá apartments
3.0 star property
Myvatn
8.8 out of 10, Excellent, (23 reviews)
"We ended up with a bigger apartment and saw aurora that night"
United States
Maureen
The price is P13,868
P15,808 total
includes taxes & fees
Nov 10 - Nov 11
Eldá apartments
A room with large windows offering a view of a rocky landscape with snow patches.

7. Hlíd Hostel

Hlíd Hostel
1.5 star property
Myvatn
7.4 out of 10, Good, (49 reviews)
"No complaints"
United States
Tim
The price is P9,354
P13,902 total
includes taxes & fees
Nov 10 - Nov 11
Hlíd Hostel
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.
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Top Myvatn Hotel Reviews

Frequently asked questions

What is Myvatn like for travelers on a budget?
Myvatn has cheap accommodation options and a variety of places to visit, making it a great vacation choice for budget-conscious travelers. You can find ways to save money while getting to know this destination, which is home to attractions like Lake Myvatn, Dimmuborgir, and Myvatn Nature Baths.
What's the best budget-friendly accommodation in Myvatn?
Based on our traveler 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, and keep 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 temp of 47°F, while the coldest months are December and January with an average of 26°F. Average annual precipitation for Myvatn is 54 inches.
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 make time for sights and activities that cost little or nothing at all. If you're eager to get outdoors, you can enjoy the natural setting at Lake Myvatn, Dimmuborgir, or Myvatn Nature Baths.
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 nearest airport is Akureyri (AEY), 30.2 mi (48.6 km) away. Myvatn might not have many public transportation choices so renting a car could be an economical alternative to explore the area.