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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, $ | |
Fosshotel Lind |
7.9 / 10 (425 Reviews) |
From 122$ | |
Reykjavik Downtown Hotel |
6.5 / 10 (1789 Reviews) |
From 140$ | |
Local 101 Hotel |
8.5 / 10 (690 Reviews) |
From 251$ | |
22 Hill Hotel |
8.1 / 10 (1968 Reviews) |
From 131$ | |
Center Hotels Plaza |
8.2 / 10 (3604 Reviews) |
From 142$ |
Welcome to our curated list of budget-friendly accommodations in Reykjavik, Iceland. Here you will find a selection of affordable hotels that offer great value without compromising on comfort and convenience. Reykjavik, known for its stunning natural landscapes and vibrant city life, offers a range of budget hotels that cater to every traveler's needs. Whether you are looking for a cozy guesthouse, a stylish boutique hotel, or a budget-friendly hostel, Reykjavik has something for everyone.
Reykjavik Accommodation lists:
Nice Cheap Hotels in Reykjavik
Table of contents
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Fosshotel Lind
From 122$
The 3-star Fosshotel Lind Reykjavik is located in a 10-minute walk away from Laugavegur. Boasting location next to Hlemmur, the property offers 78 rooms together with a snack bar onsite.
The venue is set in the European part of Reykjavik, a few minutes away from the domed fine Perlan Dining Restaurant. Parking is 1.9 km from the hotel, while Reykjavik airport is 0.5 km from it. Fosshotel Lind is located a few steps away from Klambratun Park.
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Reykjavik Downtown Hotel
From 140$
Featuring a free car park and a restaurant, Reykjavik Downtown Hotel is set a mere 1 km to Harpa Concert Hall and Conference Centre in Reykjavik. The venue is just 550 metres from Sundhollin Public Baths.
This comfortable accommodation is located near Hallgrimskirkja and Laugavegur. The city centre is close by, about 10 minutes' walk away. You can get to house in a few minutes by car.
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Local 101 Hotel
From 251$
Set within a 17-minute walk of the huge 1990 stainless-steel Sun Voyager Sculpture, this 3-star Metropolitan Hotel Reykjavik is located near Parking.
The venue is set in Vesturbaer district, within easy reach of The Settlement Exhibition Remnants. The centre of Reykjavik is 5 minutes' walk away. You can get to Laugavegur in a few minutes by car.
Affordable Guesthouses in Reykjavik
Discover charming guesthouses in Reykjavik that offer a cozy and welcoming atmosphere without breaking the bank. These budget-friendly accommodations provide comfortable rooms, friendly staff, and convenient locations, making them perfect for travelers looking to explore Reykjavik on a budget. From traditional Icelandic guesthouses to modern boutique options, there is a guesthouse to suit every traveler's preference and budget.
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22 Hill Hotel
From 131$
Featuring free self parking and a restaurant, 22 Hill Hotel Reykjavik offers accommodation within 0.5 km from Hlemmur. Situated in Reykjavik East district, the venue is set 1.8 km from Kringlan Mall.
The property is set in the old part of Reykjavik, a few minutes away from Harpa Concert Hall and Conference Centre. Attractions within walking distance include the unique Icelandic Phallological Museum and Ithnu Bookshop.
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Center Hotels Plaza
From 142$
Centerhotel Plaza Reykjavik is a 3-star venue positioned merely 1.1 km from the Lutheran Hallgrimskirkja Parish Church. Boasting location next to the contemporary lakeside Rathhus City Hall, the accommodation offers 200 rooms together with a lounge bar onsite.
Situated in Reykjavik 101 district, the hotel is set 0.8 km from National Museum of Iceland. It is located a 5-minute walk from the centre of Reykjavik. Parking is a few minutes' walk away.
Hotels in Reykjavik
Airport nearby ✈️ | Reykjavik Keflavik, Reykjavik |
Average Price 💰 | 297$ |
Hotels in Reykjavik 🏨 | 598 |
Hotel Reviews ⭐ | 11950 |
Landmarks nearby 📍 | Medical and Health Care Museum Nesstofa, National Gallery of Iceland, Hannesarholt, Lake Myvatn, Arctic Photo |
Top Hotel for couples 💑 | Fosshotel Lind |
Top Service Hotel 🛁 | Reykjavik Downtown Hotel |
Family Hotel 👪 | Local 101 Hotel |
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Capital-Inn Hostel
From 27$
Capital-Inn Hostel Reykjavik is located 1.6 km from Kringlan and offers free self-parking, a nightclub and a restaurant. The property is situated 2 km from Reykjavik city centre and 0.5 km from Reykjavik airport.
The huge 1990 stainless-steel Sun Voyager Sculpture is less than 3.2 km away. The venue has a central location near the beach. Capital-Inn Hostel is a short ride from Perlan.
Budget-Friendly Hostels in Reykjavik
Explore the vibrant hostel scene in Reykjavik, where budget-conscious travelers can find affordable dormitory and private room options. These hostels offer a social and lively atmosphere, perfect for meeting fellow travelers and exchanging stories and tips. With amenities such as communal kitchens, common areas, and organized activities, hostels in Reykjavik provide a budget-friendly and fun accommodation option for those looking to make the most of their travel experience.
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Arctic Comfort Hotel
From 69$
The 3-star Arctic Comfort Hotel Reykjavik is situated 3.1 km from Harpa Concert Hall and Conference Centre. Guests can enjoy Wi Fi in public areas.
The Lutheran Hallgrimskirkja Parish Church is less than 2.6 km away. This comfortable venue is 1 km away from the centre of Reykjavik. Arctic Comfort Hotel is a short ride from Kringlan.
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Heida'S Home- Guesthouse Downtown Reykjavik
From 74$
The 2-star Heida'S Home- Guesthouse Downtown Reykjavik is approximately a 7-minute walk from Sundhollin Public Baths. You will find housekeeping service and ironing at the guest house too.
The property is just a 12-minute walk from the Lutheran Hallgrimskirkja Parish Church. The venue is situated approximately 15 minutes' walk from Reykjavik city centre. The unique Icelandic Phallological Museum is also located near the hotel. You can get to Aurora Reykjavik Northern Lights Center Science Museum in a few minutes by car.
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Guesthouse Aurora
From 104$
Set within a 14-minute walk of Harpa Concert Hall and Conference Centre, this 2-star Guesthouse Aurora Reykjavik is located near Hallgrimskirkja. Wi-Fi is provided throughout the venue.
National Museum of Iceland is less than 1.2 km away. The distance between Reykjavik city centre and the accommodation is 1 km. Cafe Loki is also located near the hotel. You can get to Rathhus in a few minutes by car.
Economical Boutique Hotels in Reykjavik
Experience the charm and style of boutique hotels in Reykjavik that offer affordable luxury and personalized service. These unique accommodations provide stylish design, modern amenities, and a cozy atmosphere, making them a popular choice for budget-conscious travelers who appreciate a touch of elegance. From centrally located boutique hotels to hidden gems off the beaten path, Reykjavik's boutique hotel scene offers a diverse range of options for those seeking a comfortable and memorable stay.
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Skuggi Hotel By Keahotels
From 174$
Skuggi Hotel By Keahotels Reykjavik boasts an excellent setting not far from Hallgrimskirkja. To ensure an exceptional stay in Reykjavik, multilingual staff stands ready to provide 24-hour reception, concierge service and tour/ticket assistance.
Harpa Concert Hall and Conference Centre is a 15-minute walk from the venue. Sundhollin Public Baths is a short walk away, while The Settlement Exhibition Remnants is at a 1.4 km distance. You can get to Parking in a few minutes by car.
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Storm Hotel By Keahotels
From 192$
The stylish Storm Hotel By Keahotels Reykjavik is located in the business district, within an 18-minute walk of Harpa Concert Hall and Conference Centre. Boasting location next to Hlemmur, the venue offers 93 rooms together with a terrace bar onsite.
Solfar Sculpture is less than 1.5 km away. The accommodation is set within 2 km from Reykjavik city centre. Storm Hotel By Keahotels is a short ride from the Lutheran Hallgrimskirkja Parish Church.
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R13 - A Townhouse Hotel
From 127$
Comprising 51 rooms, the 2-star R13 - A Townhouse Hotel Reykjavik is 10 minutes' ride from the sand Nautholsvik Geothermal Beach. It offers free parking, a sunbathing terrace and a golf course on the premises.
The venue is situated 1 km from Reykjavik city centre and 0.5 km from Reykjavik airport. The Lutheran Hallgrimskirkja Parish Church is about 2.4 km from the accommodation. The leading Asmundarsafn Art Museum is also located near the hotel. You will find Laugardalsholl Stadium nearby.
Value-Packed Bed and Breakfasts in Reykjavik
Indulge in the homely atmosphere and personalized service of bed and breakfasts in Reykjavik, where budget travelers can enjoy a cozy and welcoming stay. These family-run accommodations offer comfortable rooms, hearty breakfasts, and a warm atmosphere, creating a home away from home for guests exploring Reykjavik on a budget. With a focus on hospitality and local charm, bed and breakfasts in Reykjavik provide a unique and affordable accommodation option for travelers looking to experience Icelandic hospitality.
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Hotel Fron
From 129$
Offering direct access to Parking, Hotel Fron enjoys a safe location in the very heart of Reykjavik. Highlights at this venue include an a la carte restaurant, a lounge bar and high-speed Internet access throughout the accommodation.
The Icelandic Opera is 0.4 km from the hotel, while Harpa Concert Hall and Conference Centre is 0.8 km away. The property is located next to Laugavegur. Skolavorthustigur is also located near the accommodation.
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Blue Mountain Apartments By Heimaleiga
From 95$
Placed a at 3.6 km distance from Heithmork, this 3-star Blue Mountain Apartments Reykjavik includes views of Blue Mountains. WiFi is available throughout the property as well as a free car park, a golf course and a fitness club are available on site.
Situated in Kopavogur district, the aparthotel is set 2.8 km from Arbaer Open Air Historical Museum. You can get to Ellithavatn Lake in a few minutes by car.
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Eric The Red Guesthouse
From 55$
Featuring free parking and a picnic area, Eric The Red Guesthouse Reykjavik offers accommodation in the vicinity of the Lutheran Hallgrimskirkja Parish Church. Located in Reykjavik 101 district, the guest house is 800 metres away from Icelandic Phallological Museum.
The venue is 2 km from the city centre and adjacent to Sundhollin Public Baths. A 5-minute walk will take guests to Cafe Loki. You can get to house in a few minutes by car.
Pocket-Friendly Apartment Rentals in Reykjavik
Embark on a journey of affordability and convenience with apartment rentals in Reykjavik, ideal for budget travelers seeking a homey and flexible accommodation option. These self-catering apartments offer privacy, space, and the freedom to explore Reykjavik at your own pace. With amenities such as fully equipped kitchens, comfortable living areas, and central locations, apartment rentals in Reykjavik provide a cost-effective and practical lodging option for those looking to enjoy a budget-friendly stay in the city.
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Hotel Cabin
From 111$
Hotel Cabin Reykjavik is 950 metres away from Laugardalslaug Geothermal Pool and features housekeeping and bike loans. The accommodation is ideally placed near Solfar Sculpture, offering 252 rooms along with an a la carte restaurant.
Situated in Reykjavik East district, the venue is set 1 km from the leading Asmundarsafn Art Museum. The centre of Reykjavik is 15 minutes' walk from the property. Hotel Cabin is a short ride from Harpa Concert Hall and Conference Centre.
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100 Iceland Hotel
From 112$
Featuring a hairdresser and a restaurant, 100 Iceland Hotel Reykjavik is within 0.6 km of Laugavegur. It is 100 metres from the unique Icelandic Phallological Museum and a few steps from the Lutheran Hallgrimskirkja Parish Church.
The venue lies in a downtown area of Reykjavik, within 15 minutes' walk of the city centre. This accommodation is just off Old Iceland and 0.5 km from Reykjavik airport. You can get to the contemporary lakeside Rathhus City Hall in a few minutes by car.
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Brim Hotel
From 92$
Featuring hire of cars as well as WiFi throughout the property, Brim Hotel is set in Reykjavik, 1.6 km from Hallgrimskirkja. Asmundarsafn is set 800 metres away.
The venue is located off the modern art museum "Kjarvalsstathir Gallery", just 10 minutes' walk from the city centre. This accommodation is just off Saltfiskstoflun and 0.5 km from Reykjavik airport. You can get to Laugavegur in a few minutes by car.
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Grettir Guesthouse
From 74$
Grettir Guesthouse Reykjavik is located at 900 metres' distance from the contemporary lakeside Rathhus City Hall as well as features shuttle service, tour/ticket assistance and express check-out. Situated in the heart of Reykjavik, the venue gives quick access to the huge 1990 stainless-steel Sun Voyager Sculpture.
This accommodation is in a 10-minute walk from Leifur Ericson Statue. The city centre is close by, about 10 minutes' walk away. You can get to Parking in a few minutes by car.
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Ok Studios
From 61$
Ok Studios Reykjavik is located 0.3 km from Laugavegur and offers a terrace and a restaurant. The property is situated 2 km from Reykjavik city centre and 0.5 km from Reykjavik airport.
The venue is set in Reykjavik 101 district, within easy reach of Icelandic Phallological Museum. A 14-minute walk will take guests to Harpa Concert Hall and Conference Centre. The hotel is a short stroll from Laugavegur Shopping Street.
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The comfortable Center Hotels Skjaldbreid is in the centre of Reykjavik steps away from Laugavegur. There is also an a car park.
National Museum of Iceland is 1.3 km from the accommodation, while Reykjavik Art Museum Hafnarhus is 700 metres away. The city centre is a 10-minute walk away. Hallgrimskirkja is also located near the hotel. You can get to Solfar Sculpture in a few minutes by car.
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201 Hotel
From 143$
The 3-star 201 Hotel Reykjavik is set 6 km from Hallgrimskirkja and 1.1 km from Smaralind Shopping Center. You can enjoy a friendly atmosphere and free self-parking and cleaning products provided at the venue.
This accommodation accommodates guests in the middle of Reykjavik. The hotel is located in Kopavogur district. You can get to Lake Ellidavatn in a few minutes by car.
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101 Guesthouse Hotel
From 72$
101 Guesthouse Reykjavik boasts a comfortable setting not far from Laugavegur. Guests will have access to a car park nearby for added convenience.
Set an 18-minute stroll from The Settlement Exhibition Remnants, the venue is also 17 minutes by foot from Harpa Concert Hall and Conference Centre. It is located 2 km from the city centre of Reykjavik. You can get to Rathhus in a few minutes by car.
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Icelandic Apartments By Heimaleiga
From 102$
The comfortable 3-star Icelandic Apartments Reykjavik is placed 7 km to the futuristic revolving glass-domed fine Perlan Dining Restaurant. It offers complimentary parking, a golf course and a restaurant on the premises.
Situated in Kopavogur district, the aparthotel is set 2.8 km from Arbaer Open Air Living Museum. You can get to Sundlaugin Versolum Swimming Pool in a few minutes by car.
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Igdlo Guesthouse
From 75$
Featuring free parking and a picnic area, Igdlo Guesthouse is located in Reykjavik 101 district, 5 minutes' drive away from National Museum of Iceland. It is 850 metres from the unique Icelandic Phallological Museum and a few steps from Sundhollin Public Baths.
This property is positioned in the heart of Reykjavik. The city centre is close by, about 15 minutes' walk away. You can get to house in a few minutes by car.
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Center Hotels Klopp
From 197$
Center Hotels Klopp Reykjavik, located a mere 5 minutes by foot from Laugavegur, offers guests a restaurant and a conference room. It is 250 metres from The Culture House and a few steps from the Lutheran Hallgrimskirkja Parish Church.
The venue is ideally placed in the centre of Reykjavik. The city centre is close by, about 10 minutes' walk away. Cafe Loki is adjacent to the accommodation.