Cheap Hotels & Resorts in Reykjavik from NZ$259

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Check availability on Reykjavik Cheap Hotels

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Best Reykjavik Cheap Hotels

Hotel Von

3.5 star property
9.4 out of 10, Exceptional, (985)
"Very kind and helpful."
The price is NZ$269
includes taxes & fees
26 Feb - 27 Feb
Hotel Von

Grandi by Center Hotels

4.0 star property
9.4 out of 10, Exceptional, (1006)
"We really enjoyed our stay here. Staff was very friendly and our room was very clean. We had a free dessert in our room and got free welcome drinks! Location is a little outside the city center of town but right next to the harbor where all the boat tours were. We had a balcony and saw the northern lights every night of our stay! Also loved the spa and used it almost every day."
The price is NZ$259
includes taxes & fees
25 Feb - 26 Feb
Grandi by Center Hotels

Fosshotel Barón

3.0 star property
8.6 out of 10, Excellent, (1001)
"Great location"
The price is NZ$277
includes taxes & fees
11 Mar - 12 Mar
Fosshotel Barón

Exeter Hotel

4.0 star property
9.4 out of 10, Exceptional, (1001)
"Loved the bakery and bar. View of harbour was fab. Clean and friendly hotel. Perfect lozvtion"
The price is NZ$286
includes taxes & fees
5 Mar - 6 Mar
Exeter Hotel

Alda Hotel Reykjavik

4.0 star property
9.4 out of 10, Exceptional, (1004)
"Great location 👍"
The price is NZ$392
includes taxes & fees
2 Mar - 3 Mar
Alda Hotel Reykjavik

Hotel Reykjavík Grand

4.0 star property
9.0 out of 10, Wonderful, (1003)
"Good "
The price is NZ$324
includes taxes & fees
4 Mar - 5 Mar
Hotel Reykjavík Grand

Miðgarður by Center Hotels

4.0 star property
9.4 out of 10, Exceptional, (1091)
"Nice hotel and dinning. Easy to walk to places. "
The price is NZ$488
includes taxes & fees
24 Feb - 25 Feb
Miðgarður by Center Hotels

Center Hotels Arnarhvoll

4.0 star property
8.8 out of 10, Excellent, (1007)
"Lovely view of the bay"
The price is NZ$362
includes taxes & fees
5 Mar - 6 Mar
Center Hotels Arnarhvoll

The Reykjavik EDITION

5.0 star property
9.4 out of 10, Exceptional, (390)
"Amazing property with excellent staff, especially Samantha at the concierge who made our stay exceptional. Highly recommend!"
The price is NZ$798
includes taxes & fees
17 Mar - 18 Mar
The Reykjavik EDITION

Hotel Reykjavik Centrum

4.0 star property
9.4 out of 10, Exceptional, (1001)
"Located very close to night life and restaurants but still in a quiet area. Close to several pickup locations for shuttle buses and tour pick up locations."
The price is NZ$342
includes taxes & fees
25 Mar - 26 Mar
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 Oskjuhlid Hill, 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 bar. 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 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.