A coastal town with colorful buildings, a large body of water, and snow-capped mountains in the background.

Budget Hotels in Reykjavik, Capital Region

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Check availability on Reykjavik Budget Hotels

Tonight
Aug 13 - Aug 14
Tomorrow
Aug 14 - Aug 15
This weekend
Aug 14 - Aug 16
Next weekend
Aug 21 - Aug 23

Our top choices for Reykjavik cheap hotels

Lobby sitting area
Lobby lounge
In-room safe, desk, blackout drapes, WiFi (free)
Lobby

1. 201 Hotel

201 Hotel
Kópavogur
United States
Karen
P11,283
P12,921 total
includes taxes & fees
Sep 13 - Sep 14
201 Hotel
Property amenity
Property amenity
Restaurant
Property amenity

2. Exeter Hotel

Exeter Hotel
Downtown Reykjavik
United States
David
P14,231
P16,194 total
includes taxes & fees
Sep 1 - Sep 2
Exeter Hotel
Front of property - evening/night
Free daily continental breakfast
Bar (on property)
View from room

3. Reykjavik Lights by Keahotels

Reykjavik Lights by Keahotels
Háaleiti
United States
Patricia
P14,543
P16,539 total
includes taxes & fees
Sep 9 - Sep 10
Reykjavik Lights by Keahotels
Restaurant
Restaurant
55-inch flat-screen TV with digital channels, TV, heated floors
Reception

4. Lighthouse Inn

Lighthouse Inn
Suðurnesjabær
United States
Fung
P12,940
P14,761 total
includes taxes & fees
Aug 29 - Aug 30
Lighthouse Inn
Restaurant
Reception
Bar (on property)
Desk, laptop workspace, blackout drapes, soundproofing

5. Konvin Hotel by Reykjavik Keflavik Airport

Konvin Hotel by Reykjavik Keflavik Airport
Reykjanesbær
United Kingdom
Peter
P15,848
P17,989 total
includes taxes & fees
Sep 1 - Sep 2
Konvin Hotel by Reykjavik Keflavik Airport
Outdoor spa tub
Lobby sitting area
Outdoor spa tub
Exterior

6. CityHub Reykjavik

CityHub Reykjavik
Downtown Reykjavik
United States
Ingrid
P8,733
P10,092 total
includes taxes & fees
Aug 19 - Aug 20
CityHub Reykjavik
Daily continental breakfast for a fee
Reception
Desk, laptop workspace, blackout drapes, iron/ironing board (on request)
Desk, laptop workspace, blackout drapes, iron/ironing board (on request)

7. Aurora Hotel at Reykjavik-Keflavik Airport Terminal KEF

Aurora Hotel at Reykjavik-Keflavik Airport Terminal KEF
Suðurnesjabær
Canada
Brian
P23,095
P26,033 total
includes taxes & fees
Sep 2 - Sep 3
Aurora Hotel at Reykjavik-Keflavik Airport Terminal KEF
Restaurant
Restaurant
Restaurant
Front of property

8. Hotel Von

Hotel Von
Downtown Reykjavik
United States
Gustavo Londono
P15,176
P17,244 total
includes taxes & fees
Sep 9 - Sep 10
Hotel Von
Lobby
Minibar, in-room safe, blackout drapes, iron/ironing board (on request)
Lobby
Minibar, in-room safe, blackout drapes, iron/ironing board (on request)

9. Hotel Fron

Hotel Fron
Downtown Reykjavik
Canada
Nancy
P12,005
P13,723 total
includes taxes & fees
Aug 30 - Aug 31
Hotel Fron
Reception
Lobby sitting area
Hypo-allergenic bedding available, desk, blackout drapes, WiFi (free)
Breakfast buffet

10. Hotel Vellir

Hotel Vellir
Hafnarfjordur
United States
Hunaidah
P14,144
P16,097 total
includes taxes & fees
Aug 25 - Aug 26
Hotel Vellir
View all properties

Top Reykjavik Hotel Reviews

Center Hotels Plaza

Center Hotels Plaza

10/10 Excellent
"Great staff. We didn't check in until after midnight and needed late checkout. They were very accomindating"
Scott 1-night trip
Posted 3 hours ago
Center Hotels Plaza
Hotel Reykjavík Grand

Hotel Reykjavík Grand

10/10 Excellent
"The hotel was very nice. Comfortable beds - good amenities in the bathroom. Nice lobby and atrium. Short walk to the harbor walk."
Vicki 1-night trip
Posted 19 hours ago
Hotel Reykjavík Grand
Reykjavik Residence Apartment Hotel

Reykjavik Residence Apartment Hotel

10/10 Excellent
"It was great Thank you"
David 3-night trip
Posted 1 day ago
Reykjavik Residence Apartment Hotel
Alda Hotel Reykjavik

Alda Hotel Reykjavik

8/10 Good
"clean"
Michael 1-night trip
Posted 2 days ago
Alda Hotel Reykjavik
Fosshotel Lind

Fosshotel Lind

10/10 Excellent
"Everything was fantastic!! The breakfast was clutch, the rooms were amazing and staff was super helpful! I loved how close this hotel is to alot of the sights and things to do while you're visiting! Huge food scene just around the corner! My only advice is to people driving here, they have free parking for guests but very limited spaces. Luckily the street parking is free after 9pm. Other than that, I'd highly recommend this hotel to anyone travelling to Reykjavik"
Kristen 6-night trip
Posted 2 days ago
Fosshotel Lind
Alva Hotel Brautarholt

Alva Hotel Brautarholt

10/10 Excellent
"Hotel was easy to gain access and met our needs for the evening. Room was very clean and updated."
Gregory 1-night trip
Posted 3 days ago
Alva Hotel Brautarholt
Center Hotels Arnarhvoll

Center Hotels Arnarhvoll

8/10 Good
"Room was clean but because of the post pride parade party the hotel was a bit of a mess. The outdoor top deck had broken glass, cig butts, etc. And, it needed some seating. The shower in the standard room is a joke. Tiny and the entire bathroom gets wet when you shower. Very quiet and a good location"
Ann 2-night trip
Posted 4 days ago
Center Hotels Arnarhvoll

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 Oskjuhlid Hill, which you can enjoy while spending very little.
What's the best budget-friendly accommodation in Reykjavik?
Based on reviews, Hotel Von is a popular hotel for our travelers who want a more economical choice, and features free WiFi and a restaurant. Other options for your budget-friendly stay include Old Town Reykjavik and KEX Hotel and Hostel Reykjavik.
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, 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 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.