Cheap Hotels & Resorts in Reykjavik from NZ$245

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Best Reykjavik Cheap Hotels

Hotel Von
Restaurant
Hotel Von
3.5 star property
9.4 out of 10, Exceptional, (953)
"We were only here for one day before flying out. It's located in the heart of the city, and close to the big church, harbour and a multitude of shops and restaurants. The downside to the location, is that parking is not included. Street parking right outside the hotel is a P1 zone, so only valid for 3h in a 24hour period. We just parked around the corner. The walls are a little thin OR the doors are heavy, we could hear them slamming shut when other people were entering/leaving their rooms....
The price is NZ$314
includes taxes & fees
3 Dec - 4 Dec
Hotel Von
Fosshotel Barón
Lobby sitting area
Fosshotel Barón
3.0 star property
8.6 out of 10, Excellent, (1002)
"The staff was very kind and allowed us to check in early for a fee. Instead of paying for their parking we parked down the street in a garage and on the street which ended up being very very cheap. The room was big and I would stay again."
The price is NZ$245
includes taxes & fees
3 Dec - 4 Dec
Fosshotel Barón
Exeter Hotel
Property entrance
Exeter Hotel
4.0 star property
9.4 out of 10, Exceptional, (1003)
"They were wonderful to work with and everyone at the front desk was so helpful and friendly- especially Alaina- would definitely recommend to anyone visiting Reykjavik "
The price is NZ$383
includes taxes & fees
8 Dec - 9 Dec
Exeter Hotel
Alda Hotel Reykjavik
Interior detail
Alda Hotel Reykjavik
4.0 star property
9.4 out of 10, Exceptional, (1004)
"Staff were helpful. Room was decent size with coffee machine. Very clean and modern. Close to everything."
The price is NZ$395
includes taxes & fees
3 Dec - 4 Dec
Alda Hotel Reykjavik
Hotel Reykjavík Grand
View from room
Hotel Reykjavík Grand
4.0 star property
9.0 out of 10, Wonderful, (1003)
"Really nice room, and plenty of parking"
The price is NZ$256
includes taxes & fees
4 Dec - 5 Dec
Hotel Reykjavík Grand
Miðgarður by Center Hotels
Couples treatment room(s)
Miðgarður by Center Hotels
4.0 star property
9.4 out of 10, Exceptional, (1044)
"For our two night stay, great place to rest, relax and access to main highways to continue discovering Iceland "
The price is NZ$293
includes taxes & fees
19 Dec - 20 Dec
Miðgarður by Center Hotels
Center Hotels Arnarhvoll
Terrace/patio
Center Hotels Arnarhvoll
4.0 star property
8.8 out of 10, Excellent, (1002)
"This hotel was great! It wasn’t above and beyond but it was not bad by any means. Perfect to come back and sleep. Parking was easy as it’s right there but you do have to pay, they only have about 4 parking spots for hotel guests. Rooms were clean for the most part. The shower was a bit strange but it made sense to fit in the bathroom. Got the job done! Spa was the best part and a nice perk. Beds were comfy! The room got very very hot at night we tried to switch the temp but it may have been...
The price is NZ$295
includes taxes & fees
5 Dec - 6 Dec
Center Hotels Arnarhvoll
The Reykjavik EDITION
Room, 1 King Bed, Terrace, City View
The Reykjavik EDITION
5.0 star property
9.4 out of 10, Exceptional, (342)
"Everything about this hotel was perfection, from the ambiance, amenities, dining, location, staff & service!"
The price is NZ$751
includes taxes & fees
2 Dec - 3 Dec
The Reykjavik EDITION
Hotel Reykjavik Centrum
Lobby sitting area
Hotel Reykjavik Centrum
4.0 star property
9.4 out of 10, Exceptional, (1000)
"We loved our stay at the hotel. We visited for Airwaves and the hotel was within minutes from the venues and made it easy to get around. It's next to all the sites you can walk to and enjoy the city center. Perfect location all around. Bus stop #1 is a block away and that is extremely convenient for airport transfer and tours. The people are always friendly and knowledgeable and help with anything needed. I would definitely stay here again!"
The price is NZ$325
includes taxes & fees
11 Dec - 12 Dec
Hotel Reykjavik Centrum
Hilton Reykjavik Nordica
Meeting facility
Hilton Reykjavik Nordica
4.0 star property
8.8 out of 10, Excellent, (1004)
"Bar and restaurant were great"
The price is NZ$290
includes taxes & fees
10 Dec - 11 Dec
Hilton Reykjavik Nordica
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 Oskjuhlid Hill, which you can enjoy while spending very little.
How many cheap hotels should I expect to find in Reykjavik?
Expedia has 15 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 Oskjuhlid Hill.
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.