What is the cost of a hostel in Reykjavik?

The average price for a hostel in Reykjavik is £69/night. A good hostel deal in Reykjavik would be for £62/night or less. The lowest hostel price found recently on HotelsCombined was £25/night. If your travel schedule is flexible, then try not to book in September, because it is the most expensive month of the year. Booking in September is the cheapest month to book a hostel in Reykjavik.

What’s the best hostel in Reykjavik?

While there may be other highly-rated hostels in Reykjavik, Loft Hostel is currently the best, based on 2,499 HotelsCombined reviews and an average rating of 8.6/10.

What hostel is closest to Reykjavik Keflavik Intl Airport?

Bus Hostel Reykjavik is 23.1 mi away from Reykjavik Keflavik Intl Airport, making it the closest Reykjavik hostel to the city’s most popular airport.

What area of Reykjavik is most popular to stay in?

While there are other neighbourhoods throughout Reykjavik, 13% of HotelsCombined users searched for hostels in Miðborg in the past 12 months, making it a popular choice. Kex Hostel is our most popular hostel in this area.

What is the most popular hostel in Reykjavik closest to Harpa?

The most popular hostel in Reykjavik that’s close to Harpa is Loft Hostel. Just 0.2 mi separate Loft Hostel from Harpa, the city’s most popular attraction. 2,499 HotelsCombined reviewers gave the Loft Hostel a score of 8.6/10.

Should I stay in a Reykjavik hostel?

Staying at a hostel is beneficial if you’re looking to travel to Reykjavik on a budget. Spending less on accommodations means you can spend more on activities, food, and souvenirs. You may find that some hostels in Reykjavik offer amenities similar to those that hotels provide, such as continental breakfasts, 24/7 check-in, an on-site bar, and free Wi-Fi - so there’s often no need to forego any travel comforts.

Does Reykjavik have hostels with “Wi-Fi” listed as an amenity?

7 hostels in Reykjavik currently have “Wi-Fi” as a listed amenity. We recommend booking Kex Hostel, which is the most popular hostel in Reykjavik with this amenity.

Affordable Reykjavik Hostels From £56/night

Travel insights for hostels in Reykjavik

Use our HotelsCombined data-powered tips to help you find your next hostel in Reykjavik.

What is the cheapest month to book a hostel in Reykjavik?

The cheapest month to book a hostel in Reykjavik is November (£38). Conversely, the most expensive month to stay in Reykjavik is July (£104).

What is the cheapest day to stay in a hostel in Reykjavik?

The cheapest day to stay in Reykjavik is Sunday (£25). On the other hand, travellers can expect to pay the most on Friday, when the average nightly price is £131.

How much is a hostel in Reykjavik tonight?

Users have found prices for hostels in Reykjavik tonight starting as low as £25, rising to an average cost of £101, based on searches in the last 72 hours. Prices start from for a 4-star hostel in Reykjavik for tonight.

How far ahead should you book a hostel in Reykjavik?

Save money by booking a hostel at least 46 days before your trip to Reykjavik. The lowest price found when booking 46 days ahead was £33 per night.

Find deals

Cheapest hostels in Reykjavik, Iceland

These Reykjavik properties charge the lowest price per night of those we've come across. If you have the flexibility, change the dates selected to compare prices.

Show all 963 hostels

B14 Hostel

Fákafen 11, Reykjavik, Iceland

2.6 mi from city centre

Free Wi-Fi

Parking

Airport shuttle

£56

Avg. per night

Hostels in Reykjavik

Search and compare Reykjavik, Iceland hostels from hundreds of travel sites on HotelsCombined and save.

Travel insights for hostels in Reykjavik

What is the cheapest month to book a hostel in Reykjavik?

The cheapest month to book a hostel in Reykjavik is November (£38). Conversely, the most expensive month to stay in Reykjavik is July (£104).

What is the cheapest day to stay in a hostel in Reykjavik?

The cheapest day to stay in Reykjavik is Sunday (£25). On the other hand, travellers can expect to pay the most on Friday, when the average nightly price is £131.

How much is a hostel in Reykjavik tonight?

Users have found prices for hostels in Reykjavik tonight starting as low as £25, rising to an average cost of £101, based on searches in the last 72 hours. Prices start from for a 4-star hostel in Reykjavik for tonight.

How far ahead should you book a hostel in Reykjavik?

Save money by booking a hostel at least 46 days before your trip to Reykjavik. The lowest price found when booking 46 days ahead was £33 per night.

Cheapest hostels in Reykjavik, Iceland

These Reykjavik properties charge the lowest price per night of those we've come across. If you have the flexibility, change the dates selected to compare prices.

Hostel prices in Reykjavik

Some of the best options for booking a hostel in Reykjavik categorized by hostel class. For added insight, we've also noted the most popular and best value hostels within each hostel class.

3 stars

2 stars and under

Other accommodation in Reykjavik

Find the perfect theme hotel, hostel or holiday rental for your stay in Reykjavik. There are 963 properties in Reykjavik and price data was last updated on 5 September 2026. The average price for a hotel in Reykjavik is £63/night.

Where to stay in Reykjavik

Explore different neighbourhoods and areas within Reykjavik to find the perfect location for your stay. Map data was last updated on 5 September 2026.

Utilize the map to find properties close to the Reykjavik area(s) or attractions you plan on visiting. Clicking on a hostel name will take you to a page with pricing, reviews, and more useful information.

Facts about staying in Reykjavik

What is the cost of a hostel in Reykjavik?

What’s the best hostel in Reykjavik?

What hostel is closest to Reykjavik Keflavik Intl Airport?

What area of Reykjavik is most popular to stay in?

What is the most popular hostel in Reykjavik closest to Harpa?

Should I stay in a Reykjavik hostel?

Does Reykjavik have hostels with “Wi-Fi” listed as an amenity?

Find better results for your stay in Reykjavik

Consider these popular 3-star hotels in Reykjavik

Stay at one of these Reykjavik 3-star hotels that users have found on HotelsCombined.

Consider these popular 4-star hotels in Reykjavik

Stay at one of these Reykjavik 4-star hotels that users have found on HotelsCombined.

Explore these cities in Iceland

Looking to explore Iceland during your trip? These are other popular cities nearby that HotelsCombined users visit

Visit Top Destinations

These destinations around the world are some of the most sought after locations from our users

Cities our users search for

Based on the last 12 months of user searches on HotelsCombined

Consider other places to stay in Reykjavik

Stay at one of these places that users have found on HotelsCombined.