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

Next weekend
Jul 3 - Jul 5
In two weeks
Jul 10 - Jul 12

Our top choices for Reykjavik cheap hotels

Sauna, hot tub, steam room, 1 treatment room, massages

Hotel Keflavik by Reykjavik Keflavik Airport

Hotel Keflavik by Reykjavik Keflavik Airport
4.0 star property
Reykjanesbær
8.8 out of 10, Excellent, (1,002 reviews)
"Nice hotel"
United States
margaret
The price is P13,386
P15,245 total
includes taxes & fees
Jun 30 - Jul 1
Hotel Keflavik by Reykjavik Keflavik Airport
Free WiFi, bed sheets

Blue Viking Studios

Blue Viking Studios
2.0 star property
Reykjanesbær
8.8 out of 10, Excellent, (13 reviews)
"Clean place and affordable. Close to the airport."
United States
Anthony
The price is P7,644
P8,873 total
includes taxes & fees
Jun 30 - Jul 1
Blue Viking Studios
Restaurant

Konvin Hotel by Reykjavik Keflavik Airport

Konvin Hotel by Reykjavik Keflavik Airport
3.0 star property
Reykjanesbær
8.6 out of 10, Excellent, (1,210 reviews)
"Restaurant on property is excellent"
United States
Donald
The price is P10,888
P12,473 total
includes taxes & fees
Jul 7 - Jul 8
Konvin Hotel by Reykjavik Keflavik Airport
Hallway

Aska Hraun

Aska Hraun
2.0 star property
Hafnarfjörður
9.0 out of 10, Wonderful, (2 reviews)
"The location from outside not look that good and was lucky to have one parking spot avilable. Room very clean as well as washroom,look like been totally renovated. There is no front desk,everything done by codes for main entry door and your room once you check-in. Only negative concerns, that heater Knob was broken and we was unable to reduce room temperature, ended up by sleeping and keep window open,I already called the hotel staff but couldn't help."
Canada
Moustafa
The price is P5,449
P9,228 total
includes taxes & fees
Jun 29 - Jun 30
Aska Hraun
Free WiFi

Blue Viking Pods

Blue Viking Pods
1.5 star property
Reykjanesbær
8.6 out of 10, Excellent, (40 reviews)
"Very good for short term stays "
United States
Erica
The price is P7,020
P8,180 total
includes taxes & fees
Jun 29 - Jun 30
Blue Viking Pods
Outdoor spa tub

CityHub Reykjavik

CityHub Reykjavik
2.0 star property
Downtown Reykjavik
9.2 out of 10, Wonderful, (510 reviews)
"Such a great stay! Check in was easy, the place was clean, and perfect for a quick trip to Iceland!!"
United States
Ashley
The price is P7,470
P8,679 total
includes taxes & fees
Jul 1 - Jul 2
CityHub Reykjavik
Terrace/patio

Hotel Duus

Hotel Duus
3.5 star property
Reykjanesbær
8.0 out of 10, Very Good, (1,004 reviews)
"Check in was very easy and room was nice and clean"
United States
Emma
The price is P11,115
P12,726 total
includes taxes & fees
Jun 30 - Jul 1
Hotel Duus
Reception hall

Hotel Boli Keflavik

Hotel Boli Keflavik
2.0 star property
Reykjanesbaer
8.0 out of 10, Very Good, (50 reviews)
"Great place to stay the night before an early flight with basic room facilities."
United Kingdom
Paola
The price is P8,627
P9,964 total
includes taxes & fees
Jul 1 - Jul 2
Hotel Boli Keflavik
Lobby sitting area

201 Hotel

201 Hotel
4.0 star property
Kópavogur
8.6 out of 10, Excellent, (1,009 reviews)
"Wonderful deal, great breakfast, modern and clean hotel."
United States
Ada
The price is P9,201
P10,601 total
includes taxes & fees
Jun 29 - Jun 30
201 Hotel
Restaurant

Lighthouse Inn

Lighthouse Inn
3.5 star property
Suðurnesjabær
9.8 out of 10, Exceptional, (1,005 reviews)
"Great option for a family room close to the airport with breakfast. Friendly staff, spacious room and lovely views."
United States
Kristina
The price is P11,085
P12,691 total
includes taxes & fees
Jul 12 - Jul 13
Lighthouse Inn
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 Reykjavik Hotel Reviews

Fosshotel Reykjavik

Fosshotel Reykjavik

8/10 Good
"Happy to hear live music at the bar. Happens on Thursdays. Major construction is occurring on one side. Very loud, but they did not work during nighttime. Bathroom had both a tub and shower."
Terri 2-night trip
Posted less than an hour ago
Fosshotel Reykjavik

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 bar. Other options for your budget-friendly stay include KEX Hotel and Hostel Reykjavik and Old Town 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, Nautholsvik Geothermal Beach, or Oskjuhlid Hill.
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.