A yellow lighthouse on a grassy cliff overlooking the ocean.

Budget Hotels in Reykjanesbær, Southern Peninsula

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Check availability on Reykjanesbær Budget Hotels

Tonight
Oct 7 - Oct 8
Tomorrow
Oct 8 - Oct 9
This weekend
Oct 9 - Oct 11
Next weekend
Oct 16 - Oct 18

Our top choices for Reykjanesbær cheap hotels

A buffet with various food items and beverages.
A room with a wooden table, two green armchairs, a painting of a seascape, and a window with a view of a building.
A reception area with a check-in counter, a wall clock, and a flag.
A modern building with the sign "START" on the facade, featuring a flat roof and large windows.

1. Start Hostel

Start Hostel
Reykjanesbær
United States
Wonsuk
P8,223
P9,540 total
includes taxes & fees
Nov 1 - Nov 2
Start Hostel
A bunk bed in a room with a dark wall and a wooden floor.
A conference room with a long table, chairs, a sofa, and framed pictures on the walls.
A room with a black leather sofa, a beige sofa, a wooden coffee table, and a refrigerator.
A parking lot with several cars parked in front of a building with large windows and a flat roof.

2. ASTIN ER SVARID HOSTEL

ASTIN ER SVARID HOSTEL
Keflavík
Canada
Darren
P8,796
P10,177 total
includes taxes & fees
Oct 8 - Oct 9
ASTIN ER SVARID HOSTEL
A building with multiple windows and a flat roof, under a night sky with green aurora lights.
A compact kitchen with a white table and chairs, a microwave, a toaster, and a sink.
A room with a beige sofa, a glass coffee table, a black chair, and a small orange table.
A room with a door, a window, a black chair, an orange chair, a beige sofa, and a vase with dried flowers.

3. Hostel Fjordur

Hostel Fjordur
Hafnarfjörður
United States
Kanchan
P5,316
P6,314 total
includes taxes & fees
Nov 2 - Nov 3
Hostel Fjordur
View all properties

Top Reykjanesbær Hotel Reviews

Eldey Airport Hotel

Eldey Airport Hotel

10/10 Excellent
"We were surprised that an airport hotel was one of our favorite properties the whole trip. I didn’t like that breakfast was not only not included, but expensive, but there was a kettle in the room that allowed us to make our own oatmeal. There was more space than most places we stayed in Iceland. And lots of storage spaces."
Bryana 1-night trip
Posted 1 day ago
Eldey Airport Hotel
Konvin Hotel by Reykjavik Keflavik Airport

Konvin Hotel by Reykjavik Keflavik Airport

10/10 Excellent
"Great place"
Joshua 1-night trip
Posted 2 days ago
Konvin Hotel by Reykjavik Keflavik Airport
Kef Guesthouse by Keflavík airport

Kef Guesthouse by Keflavík airport

8/10 Good
"The family room has a private bathroom. But the internet cuts in and out constantly at that distance. It is frustrating."
Dylan 2-night trip
Posted 4 days ago
Kef Guesthouse by Keflavík airport
Start Hostel

Start Hostel

10/10 Excellent
"Seamless check-in very impressed overall"
Danielle 1-night trip
Posted 6 days ago
Start Hostel

Frequently asked questions

What is Reykjanesbær like for travelers on a budget?
Reykjanesbær offers a variety of cheap accommodations and things to do, 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 Viking World Museum, Reykjanesviti, and Reykjanes Heritage Museum.
What's the best budget-friendly hotel in Reykjanesbær?
Based on reviews, ABC Hotel by Reykjavik Keflavik Airport is a popular hotel for our travelers who want a more economical choice, and features free WiFi and free parking. Other options for your budget-friendly stay include Start Hostel and ASTIN ER SVARID HOSTEL.
When is the best time for a budget trip to Reykjanesbær?
Weather is probably a major factor when you plan your trip to Reykjanesbær, 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 50°F, while the coldest months are December and January with an average of 37°F. Average annual precipitation for Reykjanesbær is 53 inches.
What is there to see and do in Reykjanesbær?
Reykjanesbær attracts visitors with its fantastic dining options and abundant coffeehouses, 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 Blue Lagoon, and then look for sights and activities that cost little or nothing at all. Check out the local culture at Viking World Museum and Reykjanes Heritage Museum, or visit other spots like The Icelandic Museum of Rock 'n' Roll.
How can I get to Reykjanesbær and get around on a budget?
Checking out these ways to get around Reykjanesbær can help keep you on budget. The most convenient airport is 2 mi (3.2 km) from the center in Reykjavik–Keflavik Intl. Airport (KEF). If that doesn't suit your budget, you can look into flights to Reykjavik Domestic Airport (RKV), which is 21 mi (33.7 km) away. You can explore your water travel options at the port.