Budget Hotels in Reykjavik, Capital Region

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Check availability on Reykjavik Budget Hotels

Our top choices for Reykjavik cheap hotels

201 Hotel

201 Hotel
4.0 star property
Kópavogur
8.6 out of 10, Excellent, (1,003 reviews)
"Everything about this hotel EXCEEDED our expectations! Excellent location, breakfast, and like-new clean rooms!"
United States
LAWRENCE
The price is P6,472
P7,586 total
includes taxes & fees
May 17 - May 18
201 Hotel

Fisherman's Village

Fisherman's Village
2.5 star property
Garðabær
9.2 out of 10, Wonderful, (1,000 reviews)
"Parking was easy, view was great. Would stay again "
United States
Brittany
The price is P8,714
P10,074 total
includes taxes & fees
May 18 - May 19
Fisherman's Village

Blue Viking Pods

Blue Viking Pods
1.5 star property
Reykjanesbær
9.6 out of 10, Exceptional, (21 reviews)
"cozy bed and very easy for a quick stay"
Canada
Lucas
The price is P5,615
P6,633 total
includes taxes & fees
May 15 - May 16
Blue Viking Pods

Konvin Hotel by Reykjavik Keflavik Airport

Konvin Hotel by Reykjavik Keflavik Airport
3.0 star property
Reykjanesbær
8.6 out of 10, Excellent, (1,163 reviews)
"We had dinner at the restaurant in the hotel. Service and the food was very good. "
United States
Rhea
The price is P8,735
P10,097 total
includes taxes & fees
May 17 - May 18
Konvin Hotel by Reykjavik Keflavik Airport

CityHub Reykjavik

CityHub Reykjavik
2.0 star property
Downtown Reykjavik
9.2 out of 10, Wonderful, (452 reviews)
"always a great stay at city hub! "
Canada
Arianna
The price is P5,671
P6,695 total
includes taxes & fees
May 25 - May 26
CityHub Reykjavik

Hotel Duus

Hotel Duus
3.5 star property
Reykjanesbær
8.0 out of 10, Very Good, (1,001 reviews)
"It was a very good place to stay near the airport"
United States
Rayza G
The price is P7,626
P8,865 total
includes taxes & fees
May 15 - May 16
Hotel Duus

Hotel Boli Keflavik

Hotel Boli Keflavik
2.0 star property
Reykjanesbaer
9.0 out of 10, Wonderful, (12 reviews)
"Our cleaning person was the best part of our stay here Roxanna I believe her name was made our stay wonderful!"
United States
Sandra
The price is P7,612
P8,850 total
includes taxes & fees
May 19 - May 20
Hotel Boli Keflavik

Blue Viking Studios

Blue Viking Studios
2.0 star property
Reykjanesbær
9.0 out of 10, Wonderful, (2 reviews)
"The room size was comfortable enough for our needs, and everything was very clean. The location near the airport was really convenient, especially since we only used it for an overnight stay. However, the photos were a bit misleading—it looked like the room had an extra bed that wasn’t actually there. Overall, it worked well for a short stay, but the listing could be more accurate."
United States
ruhamey
The price is P7,899
P9,168 total
includes taxes & fees
May 15 - May 16
Blue Viking Studios

Lighthouse Inn

Lighthouse Inn
3.5 star property
Suðurnesjabær
9.8 out of 10, Exceptional, (1,003 reviews)
"Very easy check in. Friendly staff from local area. Would definitely stay there again!"
United States
Scott
The price is P9,132
P10,537 total
includes taxes & fees
May 16 - May 17
Lighthouse Inn

Reykjavik Natura - Berjaya Iceland Hotels

Reykjavik Natura - Berjaya Iceland Hotels
4.0 star property
Reykjavik
8.8 out of 10, Excellent, (1,000 reviews)
"Breakfast was delightful "
United States
Tina
The price is P7,457
P8,678 total
includes taxes & fees
May 19 - May 20
Reykjavik Natura - Berjaya Iceland Hotels
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.

Top Reykjavik Hotel Reviews

Frequently asked questions

What is Reykjavik like for travelers on a budget?
Reykjavik offers cheap accommodation options and a variety of places to visit, making it a great choice for a budget-friendly getaway. In addition to its well-known attractions like Reykjavik Harbour, this destination is home to Reykjavik Pond and Tjornin, which you can enjoy while spending very little.
What's the best budget-friendly accommodation in Reykjavik?
Based on reviews, Old Town Reykjavik is a popular hotel for our travelers in search of a less expensive place to stay and offers free WiFi. Other options for your budget-friendly stay include KEX Hotel and Hostel Reykjavik and Hotel Von.
How many inexpensive hotels will I 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, 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 32°F. Average annual precipitation for Reykjavik is 50 inches.
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 Tjornin.
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 closest airport is 1.2 mi (2 km) away from the center in Reykjavik Domestic Airport (RKV). However, if that doesn't suit your budget, you can book a flight to Reykjavik–Keflavik Intl. Airport (KEF), located 23.2 mi (37.3 km) away. Reykjavik might not have very many public transportation choices so a car rental could be a reasonable alternative to see more of the area.