Budget hotels in Reykjavik
Search, compare, and save on Reykjavik Budget hotels from hundreds of travel sites on HotelsCombined.
Reykjavik, Iceland
1 5月 — 2 5月2
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Popular Budget hotels in Reykjavik
Discover well-known properties in Reykjavik that are favoured by visitors more than others. There are 299 hotels in Reykjavik and price data was last updated on 24 4月 2025. The average price for a hotel in Reykjavik is .
These hotels are among the most popular properties in the Reykjavik area. Try adjusting the dates or room and guest combinations if you're not finding the results you're looking for.
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All filtersÁlftamýri 7, Reykjavik, Iceland
Conveniently located with direct access to Reykjavik Domestic, Hotel Lotus provides hip 3-star accommodation with free Wi-Fi. This sophisticated hotel is situated in Háaleiti og Bústaðir.
Free Wi-Fi
Parking
9.0
Excellent
1226 reviews
Location
1.6 mi from city centre
£112
Hringbraut 29, Reykjavik, Iceland
Conveniently located minutes from Reykjavik Domestic, Student Hostel offers comfortable accommodation in Reykjavik. It also provides a coffee bar, an express check-in and check-out feature and free Wi-Fi.
Free Wi-Fi
Airport shuttle
8.6
Excellent
772 reviews
Location
0.4 mi from city centre
£98
Reykjavik, Iceland
Situated in Reykjavik, Grettir Apartments is a short drive from Laugardalsholl and Hafnarfjordur Free Church. Just minutes from Reykjavik Domestic, it provides a hip overnight stay in a convenient location.
8.3
Excellent
850 reviews
Location
0.7 mi from city centre
£97
Grensásvegur 16a, Reykjavik, Iceland
This hotel is situated in Háaleiti og Bústaðir, and features a ticket service, an express check-in and check-out feature and free Wi-Fi. It also provides parking, luggage storage and meeting rooms.
Free Wi-Fi
Parking
8.4
Excellent
2931 reviews
Location
2.3 mi from city centre
£96
Reykjavik, Iceland
Ideally located in Reykjavik, Castle House Luxury Apartments offers luxury accommodation within a short drive of Laugardalsholl and Reykjavik Mosque. Just minutes from Reykjavik Domestic, it provides a chic stay in a convenient location.
Air conditioning
8.7
Excellent
1015 reviews
Location
0.2 mi from city centre
£96
26 Ægisgata, Reykjavik, Iceland
Conveniently located moments from Reykjavik Domestic, the hostel provides comfortable accommodation in Reykjavik. It also offers complimentary wireless internet to all guests throughout their stay.
Free Wi-Fi
Parking
8.6
Excellent
869 reviews
Location
0.2 mi from city centre
£79
Laufásvegur 41, Reykjavik, Iceland
This guest house is situated in Miðborg, and offers free Wi-Fi, a ticket service and laundry facilities. It is also a brief car trip from Laugardalsholl and Perlan.
Free Wi-Fi
Parking
7.6
Good
1971 reviews
Location
0.4 mi from city centre
£82
Reykjavik, Iceland
Stay Apartments Laugavegur provides a unique setting while in Reykjavik and is close to everything the area has to offer. It is also a brief car trip from Landakoskirkja and Perlan.
8.2
Excellent
284 reviews
Location
0.9 mi from city centre
£98
Brautarholti 29, Reykjavik, Iceland
Ideally located in Reykjavik, Hotel Orkin offers hip accommodation an easy drive from Radhus Reykjavíkur, Reykjavik Open Air Museum and Landakoskirkja. Just minutes from Reykjavik Domestic, it offers guests a sophisticated stay in a convenient location.
Free Wi-Fi
Parking
Airport shuttle
8.1
Excellent
2846 reviews
Location
1.3 mi from city centre
£110
Laufasvegur 46, Reykjavik, Iceland
Guesthouse Galtafell is a hip base while in Reykjavik and is close to everything the area has to offer. It is also a short drive from Laugardalsholl and Perlan.
Free Wi-Fi
Parking
8.4
Excellent
2305 reviews
Location
0.5 mi from city centre
£98
Travel insights for budget hotels in Reykjavik
Use our HotelsCombined data-powered tips to help you find your next budget hotel in Reykjavik.
What is the cheapest day to stay in a budget hotel in Reykjavik?
The cheapest day to stay in Reykjavik is Friday (£48). On the other hand, travelers can expect to pay the most on Tuesday, when the average nightly price is £618.
How much is a budget hotel in Reykjavik tonight?
Users have found prices for budget hotels in Reykjavik tonight starting as low as £69, rising to an average cost of £182, based on searches in the last 72 hours. Prices start from £129 for a 4-star budget hotel in Reykjavik for tonight.
How much is a Reykjavik budget hotel room this weekend?
In the past 72 hours, we’ve seen prices for budget hotels in Reykjavik this weekend for as little as £59/night. If you’re specifically looking for a 3-star hotel this weekend, our users have found prices as low as £32/night. For a 4-star budget hotel in Reykjavik, the cheapest rate recently found was £184/night for this weekend.
How far ahead should you book a hotel in Reykjavik?
Save money by booking a hotel at least 2 days before your trip to Reykjavik. The lowest price found when booking 2 days ahead was £106 per night.
Top-rated Budget hotels in Reykjavik
Browse through properties in Reykjavik that have received the highest ratings from guests. There are currently 299 properties in Reykjavik and data was last updated on 24 4月 2025.
These Reykjavik properties are among the highest rated by our users. Be sure to read user reviews to learn why these hotels are among the highest rated.
Show all 299 hotels
£85
Avg. per night
Lindargata 34-36, Reykjavik, Iceland
0.5 mi from city centre
Free Wi-Fi
Airport shuttle
£115
Avg. per night
£115
Avg. per night
£115
Avg. per night
£103
Avg. per night
Sudurlandsbraut 12, Reykjavik, Iceland
1.9 mi from city centre
Free Wi-Fi
Parking
£116
Avg. per night
£87
Avg. per night
£89
Avg. per night
£94
Avg. per night
Soleyjargata 31, Reykjavik, Iceland
0.6 mi from city centre
Free Wi-Fi
Parking
Airport shuttle
£76
Avg. per night
Cheapest Budget hotels in Reykjavik
Discover affordable stays in Reykjavik that provide a quality experience without breaking the bank. Hotels in Reykjavik can be found for as low as £25 per night. There is currently one property in Reykjavik that can be booked for this price. Kex Hostel is one of the hotels that can be booked for the lowest price in Reykjavik. Price data was last updated on 24 4月 2025
Out of the hotels in Reykjavik we've come across, these properties are priced the lowest. Prices will typically fluctuate depending on the dates selected, star rating of hotel, and hotel location.
Show all 299 hotels
£25
Avg. per night
£29
Avg. per night
£33
Avg. per night
£43
Avg. per night
£50
Avg. per night
Brautarholti 4, Reykjavik, Iceland
1.1 mi from city centre
Free Wi-Fi
Parking
Airport shuttle
£59
Avg. per night
£73
Avg. per night
£74
Avg. per night
£75
Avg. per night
£75
Avg. per night
Other accommodations in Reykjavik
Discover the ideal theme hotel, holiday rental or hostel for your stay in Reykjavik. There are 1,097 properties in Reykjavik and price data was last updated on 24 4月 2025.
Show all 1,097 stays
£43
Avg. per night
£141
Avg. per night
£29
Avg. per night
£74
Avg. per night
£62
Avg. per night
£85
Avg. per night
£74
Avg. per night
Austurstraeti 6, Reykjavik, Iceland
0.0 mi from city centre
Free Wi-Fi
Airport shuttle
£107
Avg. per night
Hverfisgata 60, Reykjavik, Iceland
0.4 mi from city centre
Free Wi-Fi
£135
Avg. per night