Cheap Hotels & Resorts in Reykjavik from NZ$222

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Check availability on Reykjavik Cheap Hotels

Best Reykjavik Cheap Hotels

Hotel Von

3.5 star property
9.4 out of 10, Exceptional, (1002)
"Excellent location, attentive staff, great experience!"
The price is NZ$287
includes taxes & fees
16 Apr - 17 Apr
Hotel Von

Grandi by Center Hotels

4.0 star property
9.4 out of 10, Exceptional, (1012)
"Very nice place, staff was very helpful. Wish our room was ready earlier but other than that, everything was very nice."
The price is NZ$294
includes taxes & fees
21 Apr - 22 Apr
Grandi by Center Hotels

Fosshotel Barón

3.0 star property
8.6 out of 10, Excellent, (1001)
"Check in was easy and staff very friendly and helpful. Rooms were big and spacious clean. Walk to shopping and restaurants easily."
The price is NZ$222
includes taxes & fees
20 Apr - 21 Apr
Fosshotel Barón

Exeter Hotel

4.0 star property
9.4 out of 10, Exceptional, (1002)
"Lovely rooms in a great location, close to the harbour and restaurants. Friendly staff and great breakfasts. "
The price is NZ$256
includes taxes & fees
21 Apr - 22 Apr
Exeter Hotel

Alda Hotel Reykjavik

4.0 star property
9.4 out of 10, Exceptional, (1003)
"Was so peaceful "
The price is NZ$323
includes taxes & fees
22 Apr - 23 Apr
Alda Hotel Reykjavik

Hotel Reykjavík Grand

4.0 star property
9.0 out of 10, Wonderful, (1002)
"We enjoyed our stay at this hotel. Staff were absolutely great ans helpful. Would recommend this hotel! "
The price is NZ$274
includes taxes & fees
22 Apr - 23 Apr
Hotel Reykjavík Grand

Miðgarður by Center Hotels

4.0 star property
9.4 out of 10, Exceptional, (1113)
"Rating: 5/5 Title: Excellent Stay – Spacious Rooms and Great Location I had a wonderful experience at Miðgarður by Center Hotels during my stay in Reykjavik. The rooms were impressively spacious, clean, and well-maintained — a real comfort after long days of sightseeing. The hotel is conveniently located just a short walk from the city centre, making it easy to explore key attractions, restaurants, and shops on foot. One of the highlights was the breakfast. There was a wide variety of fresh...
The price is NZ$295
includes taxes & fees
20 Apr - 21 Apr
Miðgarður by Center Hotels

Center Hotels Arnarhvoll

4.0 star property
9.0 out of 10, Wonderful, (1004)
"The breakfast was delicious and had an incredible view! The spa was lovely and a wonderful way to end our packed days. Highly recommend this hotel for your stay in Reykjavik!"
The price is NZ$294
includes taxes & fees
21 Apr - 22 Apr
Center Hotels Arnarhvoll

The Reykjavik EDITION

5.0 star property
9.4 out of 10, Exceptional, (435)
"The staff, spa services and dining were excellent! I would stay here again."
The price is NZ$744
includes taxes & fees
12 May - 13 May
The Reykjavik EDITION

Hotel Reykjavik Centrum

4.0 star property
9.4 out of 10, Exceptional, (1000)
"Comfortable, clean, and convenient!"
The price is NZ$327
includes taxes & fees
6 May - 7 May
Hotel Reykjavik Centrum
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.
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Frequently asked questions

What is Reykjavik like for travellers on a budget?
Reykjavik offers cheap accommodation options and a range of things to see and do, making it a great holiday choice for budget-conscious travellers. In addition to its well-known attractions such as Reykjavik Harbour, this destination is home to Reykjavik Pond and Tjornin, which you can enjoy while spending very little.
What's the best place to stay on a budget in Reykjavik?
Based on reviews, Hotel Von is a popular hotel for our travellers who want a more economical choice, and features free Wi-Fi and a restaurant. Other good options for your budget-friendly stay include Kex Hostel Reykjavík and Hostel B47.
How many cheap hotels should I expect to find in Reykjavik?
Expedia has 13 hotels in Reykjavik that are ideal if you are watching your pennies.
When is the best time for a budget trip to Reykjavik?
Weather is probably a major factor when you plan your trip to Reykjavik, but bear in mind that cheaper options are usually available when the weather isn’t as good. The hottest months are usually July and August, with an average temperature of 10°C, while the coldest months are December and January, with an average of 0°C. Average annual precipitation for Reykjavik is 1281 mm.
What is there to see and do in Reykjavik?
Reykjavik attracts visitors with its top museums and abundant cafes, and offers plenty to see and do without spending a fortune. You can budget for the top local attractions that interest you most, such as Reykjavik Harbour, and then look for sights and activities that cost little or nothing at all. If you’re looking to enjoy the area’s natural beauty, you can get outdoors at Reykjavik Pond, Nautholsvik Geothermal Beach or Tjornin.
How can I get to Reykjavik and get around on a budget?
Scoping out the transportation options in Reykjavik is a smart way to keep your trip affordable. The nearest airport is 1.2 mi (2 km) from the centre in Reykjavik (RKV-Reykjavik Domestic). However, if that doesn’t suit your budget, you can look into flights to Keflavik International Airport (KEF), which is 23.2 mi (37.3 km) away. Reykjavik might not have many public transport choices so renting a car could be a reasonable alternative to see more of the area.