Budget hotels in Reykjavik
Search, compare, and save on Reykjavik Budget hotels from hundreds of travel sites on HotelsCombined.
Reykjavik, Iceland
2 May — 3 May2
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Popular Budget hotels in Reykjavik
Discover well-known properties in Reykjavik that are favoured by visitors more than others. There are 299 hotels in Reykjavik and price data was last updated on 25 April 2025. The average price for a hotel in Reykjavik is .
These hotels are among the most popular properties in the Reykjavik area. Users can utilise the filters available to narrow down their search.
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All filtersÁlftamýri 7, Reykjavik, Iceland
Hotel with free breakfast, a short walk to Laugavegur Concierge services, tour/ticket assistance, and a front-desk safe are available at this smoke-free hotel. Free continental breakfast, free WiFi in public areas, and free self parking are also provided. Hotel Lotus offers 17 accommodations with safes and coffee/tea makers. Flat-screen televisions are featured in guestrooms. Bathrooms include showers, complimentary toiletries, and hair dryers. Guests can surf the web using the complimentary wired and wireless Internet access. Housekeeping is offered daily and irons/ironing boards can be requested.
Free Wi-Fi
Parking
9.0
Excellent
1226 reviews
Location
2.6 km from city centre
$250
Hringbraut 29, Reykjavik, Iceland
Hostel with a coffee shop, near Reykjavik Harbour This smoke-free hostel features a restaurant, a bar/lounge, and a coffee shop/cafe. WiFi in public areas is free. Other amenities include self parking, coffee/tea in a common area, and a garden. Housekeeping is not available. Student Hostel offers 43 accommodations with shared/communal kitchens and blackout drapes/curtains. Guests can surf the web using the complimentary wireless Internet access. Guests can make use of the in-room full-sized refrigerators/freezers and microwaves.
Free Wi-Fi
Airport shuttle
8.6
Excellent
772 reviews
Location
0.7 km from city centre
$218
Reykjavik, Iceland
Apartment with kitchen, steps from Laugavegur This smoke-free aparthotel features laundry facilities, express check-out, and free WiFi in public areas. Each apartment provides a kitchen with a refrigerator, an oven, a stovetop, and a microwave. For a bit of entertainment, a flat-screen TV comes with cable channels, and guests can also appreciate conveniences like a dining area and a coffee/tea maker. Limited housekeeping is available. Astro Apartments offers 6 accommodations with coffee/tea makers and hair dryers. Each accommodation is individually decorated. Accommodations at this 3.5-star aparthotel have kitchens with full-sized refrigerators/freezers, stovetops, microwaves, and separate dining areas. This Reykjavik aparthotel provides complimentary wireless Internet access. Flat-screen televisions come with cable channels. Housekeeping is provided on a limited basis.
8.3
Excellent
850 reviews
Location
1.1 km from city centre
$215
Grensásvegur 16a, Reykjavik, Iceland
Hotel with free breakfast, near Laugavegur Along with a bar/lounge, this smoke-free hotel has a snack bar/deli and coffee/tea in a common area. Free continental breakfast, free WiFi in public areas, and free self parking are also provided. Other amenities include express check-in, express check-out, and tour/ticket assistance. ODDSSON Midtown Hotel offers 77 accommodations with hair dryers and complimentary toiletries. 40-inch Smart televisions come with digital channels. Bathrooms include showers. Guests can surf the web using the complimentary wireless Internet access. Housekeeping is offered daily and hypo-allergenic bedding can be requested.
Free Wi-Fi
Parking
8.4
Excellent
2934 reviews
Location
3.7 km from city centre
$213
Reykjavik, Iceland
While you're here, you can enjoy all the comforts of home and more, including a refrigerator and a stovetop, as well as a dishwasher and free WiFi. Other amenities include premium bedding, a Select Comfort bed, towels, and an electric kettle.
Air conditioning
8.7
Excellent
1015 reviews
Location
0.4 km from city centre
$213
26 Ægisgata, Reykjavik, Iceland
Hostel in Reykjavik, a short walk to Reykjavik Harbour This smoke-free hostel features a microwave in a common area, a refrigerator in a common area, and laundry facilities. WiFi in public areas is free. Additionally, a computer station, express check-in, and express check-out are onsite. Bathrooms are shared and housekeeping is available once per stay. Refurinn Reykjavik Guesthouse - Hostel offers 9 accommodations with coffee/tea makers and shared/communal kitchens. Each accommodation is individually furnished and decorated. Beds feature pillowtop mattresses. Guests can surf the web using the complimentary wireless Internet access. Guests have access to shared bathrooms. Bathrooms include showers and hair dryers. Business-friendly amenities include phones; local and long-distance calls are complimentary (restrictions may apply). Housekeeping is offered once per stay and irons/ironing boards can be requested. Housekeeping is provided on a limited basis. The recreational activities listed below are available either on site or nearby; fees may apply.
Free Wi-Fi
Parking
8.6
Excellent
869 reviews
Location
0.4 km from city centre
$176
Laufásvegur 41, Reykjavik, Iceland
While you're here, you can enjoy all the comforts of home and more, including a refrigerator and an oven, as well as a stovetop and a dishwasher. Other amenities include premium bedding, laundry facilities, a freezer, and a hair dryer.
Free Wi-Fi
Parking
7.6
Good
1971 reviews
Location
0.7 km from city centre
$183
Reykjavik, Iceland
While you're here, you can enjoy all the comforts of home and more, including a refrigerator and an oven, as well as a stovetop and a dishwasher. Other amenities include laundry facilities, towels, an electric kettle, and kitchenware and utensils.
8.2
Excellent
284 reviews
Location
1.5 km from city centre
$217
Brautarholti 29, Reykjavik, Iceland
Hotel with free parking, steps from Laugavegur This smoke-free hotel features coffee/tea in a common area, concierge services, and laundry facilities. Free WiFi in public areas and free self parking are also provided. Additionally, a 24-hour front desk, a library, and free newspapers are onsite. Hotel Orkin offers 24 accommodations with hair dryers and complimentary toiletries. LED televisions come with cable channels. Bathrooms include showers. Guests can surf the web using the complimentary wireless Internet access. Housekeeping is offered daily and irons/ironing boards can be requested.
Free Wi-Fi
Parking
Airport shuttle
8.1
Excellent
2846 reviews
Location
2.1 km from city centre
$244
Laufasvegur 46, Reykjavik, Iceland
While you're here, you can enjoy all the comforts of home and more, including a refrigerator and free WiFi, as well as a flat-screen TV and a coffee/tea maker. Other amenities include towels, an electric kettle, a crib, and a desk.
Free Wi-Fi
Parking
8.4
Excellent
2305 reviews
Location
0.7 km from city centre
$219
Travel insights for budget hotels in Reykjavik
Use these up-to-date, data-driven insights about booking a budget hotel in Reykjavik including ideal times to book, pricing trends, and more.
How much is a budget hotel in Reykjavik tonight?
Users have found prices for budget hotels in Reykjavik tonight starting as low as $154, rising to an average cost of $405, based on searches in the last 72 hours. Prices start from $286 for a 4-star budget hotel in Reykjavik for tonight.
How much is a Reykjavik budget hotel room this weekend?
In the past 72 hours, we’ve seen prices for budget hotels in Reykjavik this weekend for as little as $131/night. If you’re specifically looking for a 3-star hotel this weekend, our users have found prices as low as $72/night. For a 4-star budget hotel in Reykjavik, the cheapest rate recently found was $409/night for this weekend.
How far ahead should you book a hotel in Reykjavik?
Save money by booking a hotel at least 2 days before your trip to Reykjavik. The lowest price found when booking 2 days ahead was $236 per night.
Top-rated Budget hotels in Reykjavik
Browse through properties in Reykjavik that have received the highest ratings from guests. There are currently 299 properties in Reykjavik and data was last updated on 25 April 2025.
Our users rated these Reykjavik hotels among the best places to stay. Take a look at user reviews to learn why these properties were rated the best.
Show all 299 hotels
$190
Avg. per night
Lindargata 34-36, Reykjavik, Iceland
0.7 km from city centre
Free Wi-Fi
Airport shuttle
$256
Avg. per night
$256
Avg. per night
$256
Avg. per night
$230
Avg. per night
Sudurlandsbraut 12, Reykjavik, Iceland
3.0 km from city centre
Free Wi-Fi
Parking
$259
Avg. per night
$194
Avg. per night
$197
Avg. per night
$210
Avg. per night
Soleyjargata 31, Reykjavik, Iceland
1.0 km from city centre
Free Wi-Fi
Parking
Airport shuttle
$169
Avg. per night
Cheapest Budget hotels in Reykjavik
Discover affordable stays in Reykjavik that provide a quality experience without breaking the bank. Hotels in Reykjavik can be found for as low as $55 per night. There is currently one property in Reykjavik that can be booked for this price. Kex Hostel is one of the hotels that can be booked for the lowest price in Reykjavik. Price data was last updated on 25 April 2025
Currently, these are the lowest-priced hotels in Reykjavik we've come across for the dates selected. As prices can vary by date, change the dates if you're flexible to compare rates.
Show all 299 hotels
$55
Avg. per night
$65
Avg. per night
$73
Avg. per night
$95
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$111
Avg. per night
Brautarholti 4, Reykjavik, Iceland
1.7 km from city centre
Free Wi-Fi
Parking
Airport shuttle
$131
Avg. per night
$163
Avg. per night
$165
Avg. per night
$167
Avg. per night
$168
Avg. per night
Other accommodations in Reykjavik
Discover the ideal holiday rental or hostel for your stay in Reykjavik. Choose from a variety of options among the available accommodations. Listings are regularly updated, with the latest information as of 25 April 2025.
Show all 1,097 stays
$313
Avg. per night
$65
Avg. per night
$55
Avg. per night
$164
Avg. per night
$257
Avg. per night
Hverfisgata 60, Reykjavik, Iceland
0.7 km from city centre
Free Wi-Fi
$300
Avg. per night