Search Cheap Hotels in Reykjavik

For budget-conscious solo travellers and young adults heading to Reykjavik, you've got some cracking options that offer comfort and convenience without breaking the bank. Top picks include Reykjavik Treasure, Hotel Local 101, and Storm Hotel by Keahotels.


Reykjavik Treasure is a fantastic 3-star hotel with an impressive 9.6 rating. Guests rave about the delicious free continental breakfast, which is a massive bonus for budget travellers. You'll also get free WiFi and complimentary toiletries, and it's conveniently located near Hallgrimskirkja and Reykjavik City Hall.


Another excellent choice is Hotel Local 101, a 3-star gem rated 9.4. This hotel provides free WiFi and toiletries, and they even offer early check-in (for a fee, so always check ahead.). Customers consistently praise the friendly staff and excellent location, superb for exploring sights like Hallgrimskirkja and the National and University Library of Iceland.


Storm Hotel by Keahotels, a 3-star hotel with a 9.2 rating, is another great option. It offers free WiFi and a complimentary buffet breakfast, which is ideal for saving a few quid on meals.

Budget hotel prices in Reykjavik vary, but you can find a great deal from £67 on Expedia. To find the cheapest budget hotels, be flexible with your dates. Typically, off-peak and mid-week stays are cheaper. Stretch your budget further by looking for hotels with free breakfast, free parking or free airport shuttles. Sort your search results by "Price: low to high" to see our lowest rates.

For affordable hotels near Reykjavik (RKV-Reykjavik Domestic) with good reviews, you have several excellent choices, including Student hotel & hostel, Hotel Fron, and Hotel Leifur Eiriksson.


The Student hotel & hostel, with a fantastic 9.4 rating, is a great option for budget-conscious travellers. It offers free WiFi and free self-parking, which is a real bonus in Reykjavik. It's super close to the airport, just 1.4 km away, and customers consistently praise its comfortable, clean rooms and friendly front desk staff.


The 3-star Hotel Fron, rated 8.8, is another solid choice. It provides free WiFi and complimentary toiletries, and you'll love the free buffet breakfast to fuel your day of exploring. It's conveniently located just 1.6 km from the airport and guests rave about its excellent location and spacious, clean rooms.


Hotel Leifur Eiriksson, a 3-star hotel with an 8.6 rating, is also very close to the airport at only 1.3 km away. It offers free WiFi and free toiletries, and customers frequently mention its excellent location and friendly, helpful staff.

The most affordable time to visit Reykjavík is generally during the winter months, from November through February. During this period, particularly outside of the Christmas and New Year holiday season, you'll find the lowest prices on flights, accommodation, and tours. The average temperature in winter typically hovers around 0°C, and while daylight hours are significantly shorter, this is also the prime time for Northern Lights viewing, making it a unique and cost-effective experience. Many indoor attractions, like the Harpa Concert Hall or the National Museum of Iceland, are less crowded, offering a more relaxed experience.


However, if you're looking for a good balance between affordability and more comfortable conditions, the shoulder seasons of April-May or September-October are excellent alternatives. In these months, temperatures are milder, ranging from 5°C to 10°C, and there's considerably more daylight than in deep winter.

For top-rated, budget-friendly hotels in Reykjavik that are great for families, consider Reykjavik Treasure, Rey Apartments, and the Keahotels properties like Storm Hotel, Reykjavik Lights, and Skuggi Hotel.


Reykjavik Treasure is a 3-star hotel with an impressive 9.6 rating, praised for its delicious free continental breakfast and convenient location. It offers free WiFi and off-street parking, which is a bonus if you're travelling with a car. It's also quite close to Hallgrimskirkja and Vesturbaejarlaug Swimming Pool, great for family outings.


Rey Apartments, a 3-star property with a 9.2 rating, provides free WiFi and free toiletries, along with the convenience of a kitchen in the apartments, which can be a real money-saver for families. They also offer a free crib for little ones and a 24-hour airport shuttle. Guests frequently mention the great location, helpful staff, and comfortable, clean rooms.


Storm Hotel by Keahotels, rated 9.2, is a 3-star hotel that offers a free buffet breakfast and free WiFi, ensuring a good start to your day without extra costs. Its friendly and helpful staff, comfortable rooms, and convenient location near Hallgrimskirkja make it a solid choice.


Reykjavik Lights by Keahotels, another 3-star option with a 9.2 rating, includes free continental breakfast, free WiFi, and free self-parking, which is fantastic for families with a rental car. Guests consistently highlight the friendly staff, nice clean rooms, and great breakfast.


Skuggi Hotel by Keahotels, also a 3-star hotel with a 9.2 rating, provides a free buffet breakfast, free WiFi, and free self-parking. Families will appreciate the option of a free crib.

Several fantastic budget-friendly hotels in Reykjavik offer complimentary breakfast, ensuring you start your day fuelled up for exploring. Top picks include Reykjavik Treasure, Storm Hotel by Keahotels, Skuggi Hotel by Keahotels, Reykjavik Lights by Keahotels, and Hótel Múli.


Reykjavik Treasure, a 3-star hotel with an impressive 9.6 rating, provides a free continental breakfast. Guests frequently rave about its delicious breakfast and convenient location, great for solo travellers looking for a great start to their day.


The 3-star Storm Hotel by Keahotels, rated 9.2, offers a complimentary buffet breakfast. It's often praised for its friendly and helpful staff, making it a welcoming choice for young adults. It's also conveniently located near Hallgrímskirkja.


Another excellent option is the 3-star Skuggi Hotel by Keahotels, also with a 9.2 rating. They offer a free buffet breakfast and even provide free self-parking, which is a bonus if you're considering renting a car for day trips. It's close to Reykjavik City Hall and Hallgrímskirkja.


Reykjavik Lights by Keahotels, a 3-star hotel rated 9.2, includes a free continental breakfast and free self-parking. Guests appreciate the friendly staff and clean rooms, which is always a plus for budget-conscious travellers.


Finally, Hótel Múli, a 3-star hotel with a 9.0 rating, also offers a complimentary continental breakfast and free self-parking.

Reykjavík offers a wealth of free activities, particularly around the city centre, waterfront, and various parks, great for travellers who appreciate quality experiences without the price tag. You can start by visiting the iconic Hallgrímskirkja Church, where exploring both its striking exterior and serene interior is completely free. Just a short stroll away, the Harpa Concert Hall beckons with its stunning architecture and public areas that are open for all to enjoy. Don't miss the chance to see the captivating Sun Voyager sculpture on the waterfront, offering fantastic photo opportunities against the backdrop of the sea.


For couples and families, a leisurely walk around Tjörnin pond provides a tranquil escape, with charming views and a chance to feed the ducks. Nearby, the Old Harbour and its waterfront paths offer delightful strolls, showcasing boats and picturesque city scenery. You might also consider joining a free walking tour in central Reykjavík; many guides, including CityWalk, offer no-cost tours that are typically tip-based, providing an insightful introduction to the city's history and culture. As you wander, keep an eye out for the vibrant street art and murals that adorn the central neighbourhoods, adding a splash of colour to your exploration.


For those who enjoy a bit of local flavour, browsing the Kolaportið Flea Market is a great way to people-watch and explore local goods without any obligation to spend. The main shopping district, encompassing Laugavegur and Rainbow Street, offers a free, colourful walk, great for capturing memorable photos. Nature lovers will appreciate the free access to parks and green spaces like Elliðaárdalur Valley or the Botanical Garden area, ideal for a relaxed outdoor outing. As evening approaches, head to Grótta Lighthouse or its nearby coastal paths for breathtaking sunsets, expansive sea views, and, if you're lucky and it's the right season, a glimpse of the mesmerising Northern Lights.

Yes, there are several excellent and affordable hotels in Reykjavik located conveniently near Reykjavik Pond, great for budget-conscious solo travellers and young adults.


The 3-star Reykjavik Treasure, with an impressive 9.6 rating, is a fantastic choice. It offers free WiFi and a complimentary continental breakfast, which is a great money-saver. Guests frequently praise its convenient location and lovely rooms. It's also close to Reykjavik City Hall, which is right by the pond.


Another great option is the 3-star Hotel Local 101, rated 9.4. This hotel provides free WiFi and free toiletries, and they even offer early check-in, which can be super handy after a long journey. Their staff are consistently described as friendly and amazing, and its excellent location means you're just a short walk from Reykjavik City Hall and the pond.


The 3-star Skuggi Hotel by Keahotels, boasting a 9.2 rating, is also a strong contender. You'll get free WiFi and a complimentary buffet breakfast here, ensuring you start your day well-fed without extra cost. Customers love the comfortable, clean rooms and the friendly, helpful staff.

For budget-friendly hotels in Reykjavik offering cooking facilities or kitchenettes, you'll find great options in Rey Apartments, Candlewood Suites Reykjavik by IHG, Hotel Fron, and Fosshotel Barón.


Rey Apartments, a 3-star property with an excellent 9.2 rating, offers apartments with full kitchens, making it super convenient for preparing your own meals and saving on dining out. It's perfectly located near attractions like Hallgrimskirkja and Reykjavik City Hall, and guests rave about the clean rooms and helpful staff.


The 3-star Candlewood Suites Reykjavik by IHG, boasting a fantastic 9.4 rating, provides rooms with fully equipped kitchens. This is brilliant for solo travellers and young adults who want the flexibility to cook. They also have a grocery/convenience store on-site, which is incredibly handy, and offer discounts for nearby fitness facilities.


Hotel Fron, a 3-star hotel rated 8.8, features rooms with kitchenettes. This means you can easily whip up a quick breakfast or a simple dinner, which is a real money-saver in Reykjavik. Its central location near Hallgrimskirkja and Reykjavik City Hall is often highlighted by guests, who praise the spacious, clean rooms and friendly staff.


Fosshotel Barón, another 3-star option with an 8.6 rating, also provides rooms with kitchenettes. This is ideal for those who prefer to have some self-catering options during their stay.

For affordable hotels in Reykjavik with great customer service, travellers often praise Reykjavik Treasure, Hotel Local 101, and Rey Apartments.


The 3-star Reykjavik Treasure, with an outstanding 9.6 rating, is a fantastic choice where customers consistently highlight the "great" staff. You'll also get free WiFi and a complimentary continental breakfast, which is a lovely bonus for budget-conscious travellers. It's also conveniently located near attractions like Hallgrimskirkja.


Hotel Local 101, a 3-star hotel with a 9.4 rating, receives excellent feedback for its "friendly" and "amazing" staff, making it a very welcoming place for solo travellers. Free WiFi and complimentary toiletries are provided, and there's free parking nearby if you're exploring by car.


Another solid option is Rey Apartments, a 3-star property rated 9.2, where guests rave about the "great" and "helpful" staff. These apartments offer free WiFi, complimentary toiletries, and even a kitchen in some units, which is great for saving money by cooking your own meals.

Yes, several budget-friendly hotels in Reykjavik can often accommodate late check-out or early check-in, though it's always best to confirm directly with the hotel.


The 3-star Hotel Local 101, with an excellent rating of 9.4, is known for its friendly and amazing staff, who are often happy to help with early check-ins. You'll also benefit from free WiFi and complimentary toiletries, which are great for keeping costs down. It's also conveniently located near Hallgrimskirkja.


Another solid choice is the 3-star Skuggi Hotel by Keahotels, rated 9.2. They offer free buffet breakfast and free WiFi, which are excellent perks for budget travellers. While they have variable early check-in options, their helpful staff are often praised, making it worth asking about your specific needs. It's also close to Hallgrimskirkja.


Center Hotels Klöpp, a 3-star hotel with an 8.8 rating, also offers early check-in and free WiFi. Customers often highlight the friendly and helpful staff, who are likely to assist with flexible check-in/check-out times where possible. It's well-located near Hallgrimskirkja and Vesturbaejarlaug Swimming Pool.


Finally, the 3-star Fosshotel Raudara, rated 8.4, can also facilitate early check-in. It provides free WiFi and free parking nearby, which is a bonus if you're exploring beyond the city centre.

Many Expedia hotel reservations are refundable, provided that you cancel before the hotel's cancellation deadline. This is often within 24-48 hours of your scheduled arrival. Be sure to check your booking confirmation for the exact cancellation policy. For maximum flexibility, use Expedia's "Fully refundable property" filter during your search to find the right budget hotel in Reykjavik for you.

There are plenty of ways to save on a budget hotel in Reykjavik. Join One Key™, our free travel rewards programme, to unlock instant discounts with Member Prices across a range of hotels. Typically, booking in advance will help you save on your hotel booking. If you're feeling spontaneous, be sure to check for last-minute deals.

Booking a hotel and flight package on Expedia can be cheaper than booking flights and hotels separately. Savings vary depending on factors like destination, travel dates, and availability, so it's wise to compare options. With access to over 300,000 hotels worldwide, Expedia makes it easy to build the perfect travel package. *Savings vary and are not available on all flight and hotel bookings.