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Here is a quick list of Cheap Hotels in Reykjavik, selected based on their rating
| Name of hotel | Accommodation Rating | Price, $ | |
| Grimur Hotel |
8.6 / 10 (1276 Reviews) |
From 124$ | |
| Center Hotels Klopp |
8.0 / 10 (1026 Reviews) |
From 181$ | |
| Blue Mountain Apartments By Heimaleiga |
8.9 / 10 (1490 Reviews) |
From 95$ | |
| Center Hotels Plaza |
8.2 / 10 (3604 Reviews) |
From 142$ | |
| Hotel Fron |
7.8 / 10 (2261 Reviews) |
From 104$ |
In the heart of Reykjavik, budget-friendly accommodation options abound for savvy travelers looking to make the most of their Icelandic adventure without breaking the bank. From cozy guesthouses to trendy hostels, the city offers a variety of Cheap hotels that provide comfort and convenience without compromising on quality. Whether you're a solo traveler on a tight budget or a group looking to save on accommodation costs, Reykjavik has something for everyone.
Reykjavik Accommodation lists:
Best Affordable Hotels in Reykjavik
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Grimur Hotel
From 124$
Located just off Grimsbaer Shopping Centre, this 3-star Grimur Hotel Reykjavik is a 5-minutes’ drive from the futuristic revolving glass-domed fine Perlan Dining Restaurant. Free WiFi is available throughout the venue as well as complimentary parking, allergy free rooms and a barber shop are available on site.
Situated in Reykjavik East district, the accommodation is set 3.3 km from the Lutheran Hallgrimskirkja Parish Church. The hotel is set a 20-minute stroll from Reykjavik centre. Gerthi is also located near the property. Parking is a few minutes' drive away.
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Center Hotels Klopp
From 181$
The 3-star Centerhotel Klopp Reykjavik provides quick access to the Lutheran Hallgrimskirkja Parish Church and offers storage for belongings and a safe deposit box. This venue is located in the centre of Reykjavik, 0.2 km from Laugavegur.
The accommodation is just a 9-minute walk from Harpa Concert Hall and Conference Centre. The city centre is close by, about 25 minutes' walk away. The hotel offers quick access to Skolavorthustigur.
Budget-Friendly Guesthouses
Nestled in charming residential neighborhoods, budget-friendly guesthouses in Reykjavik offer a cozy and homey atmosphere for travelers looking for a comfortable stay at an affordable price. With welcoming hosts and a personal touch, these guesthouses provide a unique opportunity to experience local Icelandic hospitality without breaking the bank. From traditional Icelandic breakfasts to insider tips on exploring the city, these guesthouses go above and beyond to make guests feel right at home.
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Blue Mountain Apartments By Heimaleiga
From 95$
Blue Mountain Apartments Reykjavik is located 4.5 km from Safari Quads and offers complimentary private parking and a golf course. Situated in Kopavogur district, the aparthotel is set 7 km from the futuristic revolving glass-domed fine Perlan Dining Restaurant.
This venue is located near Blue Mountains. Gerthi is only a few minutes' drive away.
Budget-Friendly Guesthouses
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Center Hotels Plaza
From 142$
The venue is located in the centre of Reykjavik, in Reykjavik 101 district, 850 metres from National Museum of Iceland. There is a conference equipment and a business centre at the hotel.
This accommodation is in a 13-minute walk from the Lutheran Hallgrimskirkja Parish Church. Attractions within walking distance include Reykjavik Art Museum Hafnarhus and the famous Volcano House. The property is only a short drive from the domed fine Perlan Dining Restaurant.
Trendy Hostels with a Twist
For budget-conscious travelers seeking a more social and vibrant atmosphere, Reykjavik's trendy hostels are the perfect choice. With modern amenities, stylish decor, and a bustling communal vibe, these hostels offer a unique and budget-friendly accommodation option for solo travelers and groups alike. From organized events and cultural activities to shared kitchens and cozy common areas, these hostels provide a lively and dynamic setting for an unforgettable stay in Reykjavik.
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Hotel Fron
From 104$
Hotel Fron Reykjavik boasts a prime setting not far from Laugavegur. Business travellers will enjoy such conveniences as computers and a photocopier, in addition to free Wi-Fi available throughout the venue.
Laugavegur Shopping Street is 1 km from the accommodation, while the Lutheran Hallgrimskirkja Parish Church is 0.5 km away. The centre of Reykjavik is 2 km from the hotel. The contemporary lakeside Rathhus City Hall is a short drive away.
Hotels in Reykjavik
| Airport nearby ✈️ | Reykjavik Keflavik, Reykjavik |
| Average Price 💰 | 297$ |
| Hotels in Reykjavik 🏨 | 599 |
| Hotel Reviews ⭐ | 11940 |
| Landmarks nearby 📍 | Medical and Health Care Museum Nesstofa, National Gallery of Iceland, Hannesarholt, Lake Myvatn, Arctic Photo |
| Best Price Hotel 🤑 | Grimur Hotel |
| Family Hotel 👪 | Center Hotels Klopp |
| Most comfortable Hotel 🛏️ | Blue Mountain Apartments By Heimaleiga |
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Hotel Cabin
From 122$
Featuring currency exchange, storage for belongings and a gift shop, Hotel Cabin is located in Reykjavik East district, 0.9 km from Laugardalslaug Geothermal Pool. The contemporary lakeside Rathhus City Hall is less than 2.3 km away.
Set close to a scenic beach, the venue is 2 km to the centre of Reykjavik. Solfar Sculpture is also located near the accommodation. A short drive will take you to the Lutheran Hallgrimskirkja Parish Church.
Budget-Friendly Boutique Hotels
If you're looking for a cheap hotel experience with a touch of style and sophistication, Reykjavik's budget-friendly boutique hotels are the ideal choice. Offering a blend of modern design and personalized service, these boutique hotels provide a comfortable and chic setting for travelers on a budget. With well-appointed rooms, trendy lounges, and convenient locations near Reykjavik's top attractions, these hotels cater to discerning guests looking for affordable luxury without the hefty price tag.
Quirky Capsule Hotels
For a truly unique and budget-friendly accommodation experience, Reykjavik's quirky capsule hotels offer a novel way to stay in the city without breaking the bank. With cozy capsules designed for comfort and privacy, these hotels provide a one-of-a-kind lodging option for travelers looking to maximize their budget without compromising on style. From innovative space-saving design to futuristic amenities, these capsule hotels offer a fun and memorable stay in Reykjavik.
Eco-Friendly Guest Lodges
For budget-conscious travelers with a passion for sustainability, Reykjavik's eco-friendly guest lodges provide a guilt-free accommodation option that won't break the bank. Situated amidst Iceland's breathtaking natural landscapes, these lodges offer a serene and environmentally-conscious setting for guests looking to minimize their carbon footprint while exploring the city. With eco-friendly amenities, locally-sourced cuisine, and a focus on sustainable practices, these guest lodges offer a unique and affordable stay for eco-conscious travelers in Reykjavik.