What is the cost of a hostel in Reykjavik?

The average price for a hostel in Reykjavik is £45/night. A good hostel deal in Reykjavik would be for £44/night or less. The lowest hostel price found recently on HotelsCombined was £18/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 May 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 - Hi Eco Hostel is currently the best, based on 2,127 HotelsCombined reviews and an average rating of 8.5/10.

What hostel is closest to Reykjavik Keflavik Intl Airport?

Reykjavik Downtown Hostel is 23.0 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, 14% 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 National Cathedral?

The most popular hostel in Reykjavik that’s close to National Cathedral is Loft - Hi Eco Hostel. Just 0.2 mi separate Loft - Hi Eco Hostel from National Cathedral, the city’s most popular attraction. 2,127 HotelsCombined reviewers gave the Loft - Hi Eco Hostel a score of 8.5/10.

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 “Parking” listed as an amenity?

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

Affordable Reykjavik Hostels From £22/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 April (£14). Conversely, the most expensive month to stay in Reykjavik is September (£66).

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

The cheapest day to stay in Reykjavik is Saturday (£14). On the other hand, travelers can expect to pay the most on Friday, when the average nightly price is £39.

How far ahead should you book a hostel in Reykjavik?

Save money by booking a hostel at least 89 days before your trip to Reykjavik. The lowest price found when booking 89 days ahead was £30 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 1,082 hostels

The Freezer Hostel & Culture Center

Hafnargata 16, Snaefellsnes Peninsula, Snæfellsbær, Iceland

3.9 mi from city centre

Free Wi-Fi

Parking

£22

Avg. per night

Hostels in Reykjavik

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

Refine Your Search

Star ratings

Guest Ratings

Amenities

Freebies

Popular hostels in Reykjavik

Discover well-known properties in Reykjavik that are favoured by visitors more than others. There are 1,082 hotels in Reykjavik and price data was last updated on 6 June 2025. The average price for a hotel in Reykjavik is £44/night.

These are some of the hostels in Reykjavik with the highest demand. Users can utilize the filters available to narrow down their search.

Filter by star ratings

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 April (£14). Conversely, the most expensive month to stay in Reykjavik is September (£66).

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

The cheapest day to stay in Reykjavik is Saturday (£14). On the other hand, travelers can expect to pay the most on Friday, when the average nightly price is £39.

How far ahead should you book a hostel in Reykjavik?

Save money by booking a hostel at least 89 days before your trip to Reykjavik. The lowest price found when booking 89 days ahead was £30 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 accommodations in Reykjavik

Find the perfect theme hotel, hostel or holiday rental for your stay in Reykjavik. There are 1,082 properties in Reykjavik and price data was last updated on 6 June 2025. The average price for a hotel in Reykjavik is £44/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 6 June 2025.

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

Find useful tips and insights about staying in Reykjavik to help you make the most of your experience. FAQs were last updated on 6 June 2025.