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Reykjavik Hotel Guide - Cheap Hotels in Reykjavik, Capital Region

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Top Reykjavik Cheap Hotels

 Base Hotel by Keflavik Airport
3 out of 5
Valhallarbraut 756-757, Asbru, Reykjanesbaer
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3.9/5Good! (1,426 reviews)

"It is 10 min away from the airport which is good. Plenty of car parking spaces. The rooms and bathroom are big. However there is nothing to do in the area. But that’s the hotels fault. Simple breakfast option."…"

Reviewed on 2 Jan 2020

Base Hotel by Keflavik Airport
Iceland Comfort Apartments
2.5 out of 5
Hamraborg 7, Kopavogur
€67
per night
1 Apr-2 Apr
3.9/5Very Good! (786 reviews)

"I enjoyed the location and hospitality received from management. We could have used more towels/cable. It is a older building, could use an upgrade."…"

Reviewed on 9 Jan 2020

Iceland Comfort Apartments
Brim hotel
2.5 out of 5
Skipholt 27, Reykjavik
Free cancellationReserve now, pay when you stay
€52
per night
1 Apr-2 Apr
4/5Very Good! (380 reviews)

"Only there for 5 hours sleep ........................................"…"

Reviewed on 12 Dec 2019

Brim hotel
22 Hill Hotel
3 out of 5
Brautarholt 22-24, Reykjavik
Free cancellationReserve now, pay when you stay
€95
per night
1 Apr-2 Apr
4.3/5Excellent! (1,036 reviews)

"We were accommodated very well except the noise control from other rooms was not very good. Staffs were very kind and breakfast was superb."…"

Reviewed on 11 Mar 2020

22 Hill Hotel
The Capital-Inn
1 out of 5
Sudurhlid 35d, Reykjavik
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3.6/5Good! (682 reviews)

"It was very clean and the beds were very comfortable. I just wish the room was a bit bigger. Also when I booked online it stated there was an in room sink. Our room did not have this, only a tv a small dresser and the beds."…"

Reviewed on 6 Oct 2019

The Capital-Inn
Fosshotel Raudara
3 out of 5
Raudararstigur 37, Reykjavik
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4/5Very Good! (364 reviews)

"Great for our first night. Covered parking was very helpful since it snowed during the night."…"

Reviewed on 8 Mar 2020

Fosshotel Raudara
Travel Inn Guesthouse
2.5 out of 5
Soleyjargata 31, Reykjavik
€57
per night
1 Apr-2 Apr
3/5 (306 reviews)

"Comfortable beds and so close to the city centre, it was perfect 😊"…"

Reviewed on 4 Jan 2020

Travel Inn Guesthouse
Stay Apartments Bolholt
3 out of 5
Bolholt 6, Reykjavik
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4.1/5Very Good! (671 reviews)

"Apartment was clean. Parking always available. Shower was fantastic."…"

Reviewed on 15 Mar 2020

Stay Apartments Bolholt
BB Hotel by Keflavik Airport
3 out of 5
Keilisbraut 762, Reykjanesbaer
Free cancellationReserve now, pay when you stay
€104
per night
1 Apr-2 Apr
4.1/5Very Good! (1,763 reviews)

"We stayed here for a long layover from KEF. The shuttle service was similar to an Uber. They made it easy to find them at the airport and brought us right to our destination. The rooms were clean, comfortable, and affordable. Highly recommended for a short stay!"…"

Reviewed on 16 Mar 2020

BB Hotel by Keflavik Airport
Kef Guesthouse by Keflavík airport
3 out of 5
Grænásvegur 10, Reykjanesbær, Reykjanesbaer
€62
per night
1 Apr-2 Apr
4.2/5Excellent! (540 reviews)

"Excellent shuttle service to and from the airport, warm, clean accommodation"…"

Reviewed on 9 Mar 2020

Kef Guesthouse by Keflavík airport
Hlemmur Square
3 out of 5
Laugavegur 105, Reykjavik
Free cancellationReserve now, pay when you stay
€42
per night
1 Apr-2 Apr
4.2/5Very Good! (628 reviews)

"Great location. Bar has some really nice local beers. Rooms and beds are clean."…"

Reviewed on 20 Mar 2020

Hlemmur Square
Thor Guesthouse
2 out of 5
Skolavordustig 16, Reykjavik
Free cancellationReserve now, pay when you stay
€49
per night
4 Apr-5 Apr
4.2/5Very Good! (353 reviews)

"The owners are very attentive to our needs. We were there during the Covid-19 crisis and had to leave Iceland. But their hospitality and prompt attention made such a favourable view of the country. Thank you! You made our short stay good!"…"

Reviewed on 16 Mar 2020

Thor Guesthouse
Icelandair Hotel Reykjavik Marina
4 out of 5
Mýrargata 2, Reykjavik
€123
per night
1 May-2 May
4.4/5Excellent! (1,853 reviews)

"The shower was ridiculous. It was an open floor concept and it got water everywhere! The bathroom door was even warped. If you're not going to fix it, at least get a bigger curtain!"…"

Reviewed on 20 Mar 2020

Icelandair Hotel Reykjavik Marina
Hotel Cabin
2 out of 5
Borgartuni 32, Reykjavik
Free cancellationReserve now, pay when you stay
€68
per night
1 Apr-2 Apr
3.7/5Good! (915 reviews)

"Basic hotel, close to shops and restaurants. Airport shuttle drops off and picks up."…"

Reviewed on 19 Nov 2019

Hotel Cabin
T10 Hotel Iceland
3 out of 5
Tronuhrauni 10, Hafnarfjordur
Free cancellationReserve now, pay when you stay
€37
per night
1 Apr-2 Apr
4.3/5Excellent! (570 reviews)

"Enjoy the facilities (tea coffee et cetera). Staff very helpful. Good choice and breakfast."…"

Reviewed on 12 Feb 2020

T10 Hotel Iceland
BGB Guesthouse
3 out of 5
Hafnargata 58, Reykjanesbaer
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3.9/5Very Good! (232 reviews)

"It was quiet place and we loved it. Everything was cleaned and beds were comfortable. There were only two things we did not like: the showers are too small (your body touches the walls) and the kitchen did not have a stove. Everything else, was amazing"…"

Reviewed on 7 Oct 2019

BGB Guesthouse
Icelandic Apartments
4 out of 5
Urdarhvarf 4, Kopavogur
€98
per night
1 Apr-2 Apr
4.6/5Wonderful! (883 reviews)

"The location was fine, close to Reykjavik, grocery, bus, and walking trail right across the street. Staff very helpful."…"

Reviewed on 19 Mar 2020

Icelandic Apartments
Castle House Luxury Apartments
3 out of 5
Skálholtsstígur 2a, Reykjavik
€73
per night
1 Apr-2 Apr
4.6/5Exceptional! (1,062 reviews)

"I had a great stay, and would consider staying here again. Great communication, checkin was simple and it was within walking distance to many places."…"

Reviewed on 27 Feb 2020

Castle House Luxury Apartments
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Pocket Guide: Cheap Hotels in Reykjavik

Search for hotels in Reykjavik on Expedia. You can easily find your hotels in Reykjavik using one of the methods below:

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Frequently asked questions

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More trip options

What's the best budget-friendly accommodation in Reykjavik?

Based on reviews, Brim hotel is a popular 2.5-star hotel for our travellers looking for an economical choice, and features free WiFi and free parking. Other good options to stay on the cheap include Travel Inn Guesthouse and Hlemmur Square.

What is staying in Reykjavik like?

Travellers to Reykjavik give high marks for the local tours, fascinating museums, and abundant cafés. Walkable and welcoming, this city will delight tourists with its northern lights, shopping, and restaurants. Top sights in the city include Reykjavik City Hall, Reykjavik Harbour, and National Museum of Iceland. In Reykjavik, there are 560 hotels and other accommodation to choose from.

What's the best place to stay in Reykjavik?

Eyvindarholt Guesthouse is a favourite with Expedia customers. This 3.5-star guesthouse offers free breakfast and an outdoor pool. Reviews from our site also recommend Guesthouse 1x6 and Freyja Guesthouse & Suites as top options for your stay.

Reykjavík 101 is a walkable neighbourhood known for its lively bars and cozy coffeehouses. Other favourite areas in Reykjavik include Vesturbær and Reykjavík East.

What's the best place to stay in Reykjavík 101?

With 277 lodging options to choose from in this neighbourhood, you're sure to find what you're looking for as you plan your trip. Based on Expedia customer reviews, Freyja Guesthouse & Suites is the highest ranked property in Reykjavík 101. This guesthouse is steps from Hallgrimskirkja, and offers free WiFi and free parking. Other favourite options in the area include Reykjavik Treasure and Alda Hotel Reykjavik.

What are the top places to visit in Reykjavik?

Well-known for its museums, the city's cultural venues include National Museum of Iceland, Harpa, and Reykjavik City Museum. Attractions like Laugardalslaug Geothermal Pool, Arbaejarlaug, and Vesturbaejarlaug Swimming Pool are fun for kids of all ages. The city is notable for landmarks like Hallgrimskirkja, Perlan, and National Cathedral.

What's the best place to stay close to Blue Lagoon?

Northern Light Inn is one of the top choices for your stay based on our traveller data, and this 3-star hotel offers free breakfast and a restaurant. It's located just a short 0.6 mi (1 km) from Blue Lagoon. Other good choices within 5 miles include The Retreat at Blue Lagoon Iceland and Geo Hotel Grindavik.