A coastal town with houses by a calm lake, surrounded by mountains with snow patches.

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Our top choices for Eastern Iceland cheap hotels

A modern, single-story building with large windows and a deck area.

1. Hotel Studlagil Canyon

Hotel Studlagil Canyon
3.0 star property
Egilsstaðir
9.4 out of 10, Exceptional, (22 reviews)
"Perfecto place to stay by the canyon"
United States
JORGE
The price is £145
includes taxes & fees
14 Nov - 15 Nov
Hotel Studlagil Canyon
A modern cabin with large windows, a wooden deck, and a surrounding forest.

2. Hotel Eyvindará

Hotel Eyvindará
3.0 star property
Egilsstaðir
9.2 out of 10, Wonderful, (288 reviews)
"A lovely hotel in a nice setting. We really enjoyed the hot tub and sauna."
Canada
Doug
The price is £143
includes taxes & fees
14 Nov - 15 Nov
Hotel Eyvindará
A building with a modern design, featuring a mix of rectangular and square structures.

3. Lake Hotel Gistihusid Egilsstadir

Lake Hotel Gistihusid Egilsstadir
3.5 star property
Egilsstaðir
9.0 out of 10, Wonderful, (486 reviews)
"Beautiful room & view."
United States
Marlinda
The price is £183
includes taxes & fees
17 Nov - 18 Nov
Lake Hotel Gistihusid Egilsstadir
A wooden deck leading to a glass door with a view of snow-covered mountains.

4. Krákhamar apartments

Krákhamar apartments
3.0 star property
Djupivogur
10.0 out of 10, Exceptional, (139 reviews)
"This place was actually one of the highlights of our trip. The view outside the room is breathtaking and the room itself is very clean and roomy. We simply loved our stay"
Canada
Jun
The price is £174
includes taxes & fees
20 Nov - 21 Nov
Krákhamar apartments
A hot tub on a wooden deck with a view of mountains and a body of water in the background.

5. Mjóeyri Travel holiday homes

Mjóeyri Travel holiday homes
2.5 star property
Fjardabyggd
9.4 out of 10, Exceptional, (180 reviews)
"Great stay ! will come again"
United States
Patricio
The price is £140
includes taxes & fees
14 Nov - 15 Nov
Mjóeyri Travel holiday homes
A wooden cabin with a front door, two windows, and a gravel driveway.

6. Skipalækur Guesthouse

Skipalækur Guesthouse
3.0 star property
Egilsstaðir
9.2 out of 10, Wonderful, (54 reviews)
"Clean suitable room with good bed. Well equiped kitchen and dining area. Great location"
Iceland
Evelyn
The price is £104
includes taxes & fees
14 Nov - 15 Nov
Skipalækur Guesthouse
A snow-covered landscape with wooden cabins and a view of the Northern Lights.

7. Bragdavellir Cottages

Bragdavellir Cottages
3.0 star property
Djupivogur
9.0 out of 10, Wonderful, (124 reviews)
"super location"
Germany
Gregor
The price is £98
includes taxes & fees
29 Nov - 30 Nov
Bragdavellir Cottages
A dining table with chairs and a vase of flowers, overlooking a harbor with boats and a mountainous backdrop.

8. Hotel Framtíð

Hotel Framtíð
2.5 star property
Djupivogur
9.2 out of 10, Wonderful, (190 reviews)
"Excellent place and rooms."
United States
Luisisney
The price is £119
includes taxes & fees
14 Nov - 15 Nov
Hotel Framtíð
A wooden cabin interior with a dining area, kitchenette, and a large window.

9. Ásgeirsstaðir Cottages

Ásgeirsstaðir Cottages
3.5 star property
Eidar
9.0 out of 10, Wonderful, (68 reviews)
"Excellent property. Enjoyed our stay."
United States
James
The price is £108
includes taxes & fees
14 Nov - 15 Nov
Ásgeirsstaðir Cottages
A snow-covered street with buildings on either side, string lights overhead, and a church in the distance.

10. Við Lónið guesthouse

Við Lónið guesthouse
3.0 star property
Seydisfjordur
9.8 out of 10, Exceptional, (168 reviews)
"Clean and bright, with a fantastic central location and beautiful views! Staff was super friendly too. Overall, the perfect stay."
United States
Robert
The price is £207
includes taxes & fees
29 Nov - 30 Nov
Við Lónið guesthouse
A reception desk made of stacked wooden planks, a clock, and a small desk with a lamp.

11. Tehúsið Hostel

Tehúsið Hostel
2.0 star property
Egilsstaðir
9.0 out of 10, Wonderful, (66 reviews)
"Good rooms with major amenities"
United Kingdom
Dipen
The price is £91
includes taxes & fees
14 Dec - 15 Dec
Tehúsið Hostel
A red building with a sign reading "ALDAN" and a white fence in front.

12. Bankinn - Hotel by Aldan

Bankinn - Hotel by Aldan
2.5 star property
Seydisfjordur
9.2 out of 10, Wonderful, (187 reviews)
"Clean and safe with excellent location"
United States
Anna
The price is £165
includes taxes & fees
24 Nov - 25 Nov
Bankinn - Hotel by Aldan
A log cabin interior with a large window, a sofa, a chair, and a rug.

13. Hótel Stadarborg

Hótel Stadarborg
3.0 star property
Fjardabyggd
8.8 out of 10, Excellent, (196 reviews)
"We had a wonderful stay at Stadarborg, Iceland ! Excellent location, comfortable rooms, and friendly, attentive staff. A perfect place to enjoy the many attractions in the city. Highly recommended, and we would gladly return!"
United States
Oscar
The price is £100
includes taxes & fees
14 Nov - 15 Nov
Hótel Stadarborg
A bedroom with a wooden floor, a desk with a chair, two beds, and a window with a mountain view.

14. Seyðisfjörður Guesthouse

Seyðisfjörður Guesthouse
3.0 star property
Seydisfjordur
9.0 out of 10, Wonderful, (270 reviews)
"The hotel is old, charming, and the restaurant was really excellent. One of the highlights of our trip (food wise!)."
United States
Margaret
The price is £118
includes taxes & fees
14 Dec - 15 Dec
Seyðisfjörður Guesthouse
A wooden cabin interior with a visible kitchen area, a dining table, and a sign reading "Stöng".

15. Lindarbrekka

Lindarbrekka
3.0 star property
Djupivogur
9.0 out of 10, Wonderful, (42 reviews)
"Cozy cabin that feels homey and relaxing. Good value and in a pleasant setting."
United States
Jia
The price is £148
includes taxes & fees
14 Nov - 15 Nov
Lindarbrekka
A view of a cruise ship docked at a port with a mountainous backdrop.

16. Media Luna Guesthouse

Media Luna Guesthouse
3.0 star property
Seydisfjordur
9.0 out of 10, Wonderful, (177 reviews)
"Clean and convenient to the cruise port! Easy walk to the town."
United States
Myrona
The price is £140
includes taxes & fees
14 Nov - 15 Nov
Media Luna Guesthouse
A hallway with wooden flooring, a wall-mounted painting, and three wicker vases with branches.

17. Lyngás Guesthouse

Lyngás Guesthouse
2.5 star property
Egilsstaðir
8.6 out of 10, Excellent, (230 reviews)
"Clean, well-appointed room. There were plenty of clean bathrooms. The kitchen was very well-equipped with plenty of seating. Close to the lake and Bonus."
United States
Heather
The price is £88
includes taxes & fees
20 Nov - 21 Nov
Lyngás Guesthouse
A snow-covered building with a reflective water surface in front, set against a backdrop of snow-covered mountains and the Northern Lights.

18. Lonsleira Apartments

Lonsleira Apartments
3.5 star property
Seydisfjordur
9.6 out of 10, Exceptional, (70 reviews)
"The best place we stayed in on our entire trip! Accommodations were amazing, very spacious comfortable and clean. Great location in a cute town. Would definitely stay here again."
Canada
Aleksandra
The price is £301
includes taxes & fees
14 Nov - 15 Nov
Lonsleira Apartments
A reception area with a wooden reception desk, a seating area with chairs, large windows with curtains, and a view of the outside.

19. Hotel Eskifjörður

Hotel Eskifjörður
3.0 star property
Fjardabyggd
8.6 out of 10, Excellent, (140 reviews)
"Hotel was clean and comfortable. Check in was the easiest we’ve ever experienced and the staff was friendly."
United States
Darren
The price is £109
includes taxes & fees
21 Nov - 22 Nov
Hotel Eskifjörður
A bar area with a copper bowl filled with bottles, a bar counter, and a patterned floor.

20. Hótel Valaskjálf

Hótel Valaskjálf
3.0 star property
Egilsstaðir
8.4 out of 10, Very good, (386 reviews)
"The room was clean and the hotel was really good to pass the night."
United States
Cesar A
The price is £135
includes taxes & fees
14 Dec - 15 Dec
Hótel Valaskjálf
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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Find out more about Eastern Iceland

Discover cheap things to do in Eastern Iceland

In Eastern Iceland, budget-conscious travellers can relish a multitude of captivating sights and activities without breaking the bank. Start your adventure at Seyðisfjörður, a quaint village known for its vibrant houses and stunning fjord views, where you can enjoy leisurely walks along the picturesque waterfront or hike the nearby trails for breathtaking scenery. Another must-visit is the Eastfjords' rugged landscape, perfect for outdoor enthusiasts – hiking through the untouched wilderness or simply soaking in the serene beauty is entirely free. Don't miss the opportunity to explore Petra's Stone Collection in Stöðvarfjörður, an extraordinary display of Icelandic minerals and stones that is both educational and free to enter. Meanwhile, the charming fishing town of Djúpivogur offers budget-friendly seafood options at the local fish market, where you can sample fresh catches at reasonable prices. For those seeking affordable accommodation, the town of Egilsstaðir serves as a convenient base, providing a range of budget hotels that offer comfortable amenities and easy access to all these attractions. Here, you can enjoy the warm hospitality of local hosts while exploring the scenic surroundings, ensuring an enjoyable stay that caters to your quality expectations.

How to get cheap hotels in Eastern Iceland?

 

✅ The length of stay in Eastern Iceland often varies depending on the nature of the trip, but many travellers opt to stay for several days or up to a week to take in Eastern Iceland's notable landmarks and points of interest.

✅  If you're looking for cheap hotels in Eastern Iceland in 2026, book your hotel well in advance. Reserving your stay at least a few weeks or months ahead of time can help you take advantage of amazing rates on cheap hotels in Eastern Iceland, and if your plans change you can find many options of hotels with free cancelation.

✅  To find affordable hotels in Eastern Iceland on Expedia, start by entering your travel dates and the number of individuals in your group. Once you've provided this information, you can refine your search results by filtering for budget hotels in Eastern Iceland.

✅  Use the filtering tools offered by Expedia to refine your search results by location, price limits, amenities such as breakfast included, and other factors that matter to you. This will help you quickly locate the ideal budget-friendly hotel that fits your specific requirements.

✅  If you're looking to save money on a cheap hotel in Eastern Iceland, the ideal time to go is usually during the off-season in Eastern Iceland. On Expedia, you can find hotels from £54*.

✅  Eastern Iceland offers numerous budget-friendly attractions and activities for travellers, such as art and exhibits at free museums and galleries or exploring Eastern Iceland on foot.

✅  One of the best ways to find cheap hotels in Eastern Iceland is to search Expedia for properties that provide family-friendly accommodations and features such as activities and complimentary meals, and then sort these by price.

*Prices and availability are subject to change. Additional terms may apply.

Top Eastern Iceland Hotel Reviews