Budget in Reykjavik

Cheap Hotels in Reykjavik, Capital Region

Search over 1,000,000 properties worldwide and 550 airlines worldwide

No Expedia cancellation fee to change or cancel almost any hotel reservation.

Search over a million flights, hotels, packages, and more

Featured Reykjavik Cheap Hotels

Image for  Base Hotel by Keflavik Airport
3 out of 5
Valhallarbraut 756-757, Asbru, Reykjanesbaer
£67
per night
22 Sep-23 Sep
3.9/5Good! (1,296 reviews)

"Look location near by airport. And spacious room as well."…"

Reviewed on 10 Sep 2019

Base Hotel by Keflavik Airport
Image for Iceland Comfort Apartments
2.5 out of 5
Hamraborg 7, Kopavogur
£60
per night
22 Sep-23 Sep
3.9/5Very Good! (740 reviews)

"Clean, good sized property. Exactly what we wanted and what we were expecting. Great shops, restaurants and points of interest all nearby/next door. Free parking outside. The only thing we did find difficult was the heat. Summer in Iceland so to be expected but it was an uncomfortable heat in the ..."…"

Reviewed on 26 Jul 2019

Iceland Comfort Apartments
Image for Brim hotel
2.5 out of 5
Skipholt 27, Reykjavik
Free cancellationPay later
£50
per night
14 Oct-15 Oct
4.1/5Very Good! (344 reviews)

"Excellent front desk staff. Thank you Kinga, Justyna and male staff (sorry did not get name). Housekeeping can be better."…"

Reviewed on 17 Sep 2019

Brim hotel
Image for 22 Hill Hotel
3 out of 5
Brautarholt 22-24, Reykjavik
Free cancellationPay later
£81
per night
22 Sep-23 Sep
4.3/5Excellent! (891 reviews)

"The staff at the hotel is just amazing. We had a mix up of the type and room and the staff helped us and were very very accommodating. Great location and clean hotel."…"

Reviewed on 4 Sep 2019

22 Hill Hotel
Image for The Capital-Inn
1 out of 5
Sudurhlid 35d, Reykjavik
Free cancellationPay later
£51
per night
1 Oct-2 Oct
3.6/5Good! (651 reviews)

"It's a good hostel, it's about 30 minutes from the city by walk and the only problem is that you have to share the bathroom... Besides that you have free breakfast"…"

Reviewed on 27 Aug 2019

The Capital-Inn
Image for Fosshotel Raudara
3 out of 5
Raudararstigur 37, Reykjavik
Free cancellationPay later
£66
per night
1 Oct-2 Oct
3.9/5Very Good! (308 reviews)

"Its neat and clean and staff is very co-operative."…"

Reviewed on 9 Sep 2019

Fosshotel Raudara
Image for Travel Inn Guesthouse
2.5 out of 5
Soleyjargata 31, Reykjavik
£53
per night
26 Sep-27 Sep
3/5 (295 reviews)
Close to bus terminal and central city.

"The Guess house is 5 minutes away for the bus terminal and 2 minutes away form a nice petrol/shop where we usually have breakfast there; best hot dogs in town!!! Very close to bus stops of you need to be pick up from there and 10 maximum walking to main shops, streets and river. I will stay there ..."…"

Reviewed on 4 Apr 2019

Travel Inn Guesthouse
Image for Stay Apartments Bolholt
3 out of 5
Bolholt 6, Reykjavik
Get Rates
4.1/5Very Good! (573 reviews)

"Excellent location since it was walking distance to downtown Reykjavik. The room was clean with a complete kitchen and we were able to do our laundry here after one week on the ring road. The procedures to storage access, check-in and check-out are very simple and straightforward with no hassle. ..."…"

Reviewed on 5 Sep 2019

Stay Apartments Bolholt
Image for BB Hotel - Keflavik Airport
3 out of 5
Keilisbraut 762, Reykjanesbaer
Free cancellationPay later
£73
per night
13 Oct-14 Oct
4/5Very Good! (1,636 reviews)

"It was convenient and clean. Not many amenities. No tissues or wash cloths in room but the bar was nice."…"

Reviewed on 17 Sep 2019

BB Hotel - Keflavik Airport
Image for Kef Guesthouse by Keflavík airport
3 out of 5
Grænásvegur 10, Reykjanesbær, Reykjanesbaer
£69
per night
2 Oct-3 Oct
4.2/5Excellent! (492 reviews)

"It was clean and simple, welcoming. Efficient. Great breakfast, nice house keeping staff, we'd stay there again in a heartbeat. Expect to wait a little for the check-in. The walls are a little thin but who cares."…"

Reviewed on 9 Aug 2019

Kef Guesthouse by Keflavík airport
Image for Hlemmur Square
3 out of 5
Laugavegur 105, Reykjavik
Free cancellationPay later
£81
per night
4 Oct-5 Oct
4.2/5Very Good! (553 reviews)

"Our room was exactly as expected, only issue was that we could not get the heat to lower so we kept windows open. Otherwise everything having to do with the hotel was excellent. Location is perfect for excursions (bus stop right outside the door) and a short walk to all the restaurants and bars in ..."…"

Reviewed on 17 Sep 2019

Hlemmur Square
Image for Thor Guesthouse
2 out of 5
Skolavordustig 16, Reykjavik
Free cancellationPay later
£57
per night
1 Oct-2 Oct
4.2/5Very Good! (320 reviews)

"They had everything I needed to make my own meals in a simple kitchen. Nice view from the windows. Nice little lounge a floor below. Every thing worked. Water has a bit of a sulphur smell likely most places in REK do I would think"…"

Reviewed on 21 Aug 2019

Thor Guesthouse
Image for Icelandair Hotel Reykjavik Marina
4 out of 5
Mýrargata 2, Reykjavik
Free cancellation
£121
per night
22 Sep-23 Sep
4.4/5Excellent! (1,714 reviews)

"Very cute and quaint hotel right on the harbor. Easy to walk everywhere. The only recommendation I have is that you need to have hotel parking. It was not clear that we could park in the gravel area. Other than that great place!!"…"

Reviewed on 6 Sep 2019

Icelandair Hotel Reykjavik Marina
Image for Hotel Cabin
2 out of 5
Borgartuni 32, Reykjavik
Free cancellationPay later
£72
per night
1 Oct-2 Oct
3.7/5Good! (876 reviews)

"Just a 15 minute walk to the city center - close to the water"…"

Reviewed on 3 Sep 2019

Hotel Cabin
Image for T10 Hotel Iceland
3 out of 5
Tronuhrauni 10, Hafnarfjordur
Free cancellationPay later
£48
per night
20 Sep-21 Sep
4.2/5Excellent! (497 reviews)

"The staff was amazing. Especially the wonderful lady that took care of the breakfast. Cleaning staff was quick and efficient."…"

Reviewed on 16 Sep 2019

T10 Hotel Iceland
Image for BGB Guesthouse
3 out of 5
Hafnargata 58, Reykjanesbaer
Free cancellationPay later
£54
per night
3 Oct-4 Oct
3.9/5Good! (219 reviews)

"Nice, affordable, clean place close to the airport. There is no reception desk here. We let ourselves in with a code. There was a big common area, nice kitchen, and very clean shared bathrooms. I would recommend if you're looking for a basic place to stay before flying out of KEF."…"

Reviewed on 26 Aug 2019

BGB Guesthouse
Image for Icelandic Apartments
4 out of 5
Urdarhvarf 4, Kopavogur
Free cancellationPay later
£98
per night
3 Oct-4 Oct
4.6/5Wonderful! (785 reviews)

"Best place to self cook meals at expensive Iceland!"…"

Reviewed on 16 Sep 2019

Icelandic Apartments
Image for Castle House & Embassy Luxury Apartments
3 out of 5
Skalholtsstigur 2a & Gardastræti 40, Reykjavik
£75
per night
7 Oct-8 Oct
4.6/5Exceptional! (1,024 reviews)

"Very difficult to find as it is tucked in behind other buildings. No reception on site but hostess was very helpful and accommodating via intercom communication."…"

Reviewed on 18 Sep 2019

Castle House & Embassy Luxury Apartments
Can't see what you're looking for?
See all available properties in Reykjavik starting at £48 per night
View all properties
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.

Pocket Guide: Cheap Hotels in Reykjavik

Search for Cheap Hotels in Reykjavik on Expedia.co.uk. You can easily find your Cheap Hotels in Reykjavik using one of the methods below:

  • View our selection of featured hotels in Reykjavik
  • Use the map to find budget hotels in the Reykjavik neighborhood you prefer
  • Use the filters to see hotels in a specific area of Reykjavik, select a specific theme, brand, or hotel class in Reykjavik
  • Enter your travel dates now to view the best deals on hotels in Reykjavik - while they last

More trip options

Recently booked Reykjavik hotels

Travellers loved these Cheap Hotels