Budget Hotels in Myvatn, Northeastern Region

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Top Myvatn Budget Hotels

Sel Hotel Mývatn
Water view
Sel Hotel Mývatn
3.5 star property
9.4 out of 10, Exceptional, (348)
"They had fun activities like darts and pool, and the beer they brew was excellent. The breakfast was also delicious. Our room was so comfy and spacious. Great stay, we highly recommend it. "
The price is P6,761
P7,780 total
includes taxes & fees
Dec 3 - Dec 4
Sel Hotel Mývatn
Fosshotel Myvatn
Sauna
Fosshotel Myvatn
3.0 star property
9.4 out of 10, Exceptional, (656)
"This is our second Foss Hotel we stayed at on this trip. We booked another Foss because the first one was so great. Thus one was even better. Again, a warm welcome and a welcome warmth after a long day on the road. The room was beautiful and had everything we needed. "
Fosshotel Myvatn
Dimmuborgir Guesthouse
Private spa tub
Dimmuborgir Guesthouse
3.0 star property
8.6 out of 10, Excellent, (207)
"I thought the cabin was very nice and the people who ran were very nice! "
The price is P5,263
P6,117 total
includes taxes & fees
Nov 22 - Nov 23
Dimmuborgir Guesthouse
Hlíd Hostel
Property grounds
Hlíd Hostel
1.5 star property
7.4 out of 10, Good, (33)
"The place was very clean, and it was easy to check-in. The kitchen was big and well furnished, but got a bit disappointed seeing there wasn’t cooking oil, salt or pepper. The bunk beds were comfortable enough, but the lack of privacy curtains was a bit off putting. I got to sleep in my room alone, so it’s not too bad, but I wouldn’t like having strangers come and go and just see me sleep. Finally, I feel like the blanket fee is a bit deceiving. While it is mentioned on Expedia, it’s like 1500...
The price is P9,275
P13,317 total
includes taxes & fees
Nov 29 - Nov 30
Hlíd Hostel
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 Myvatn like for travelers on a budget?
Myvatn has cheap accommodation options and a variety of places to visit, making it a great vacation choice for budget-conscious travelers. You can find ways to save money while getting to know this destination, which is home to attractions like Lake Myvatn, Myvatn Nature Baths, and Dimmuborgir.
What's the best budget-friendly accommodation in Myvatn?
Based on our traveler reviews, Hlíd Hostel is a top choice for a less expensive stay.
How many low cost hotels will I be able to find in Myvatn?
Expedia has 5 hotels in Myvatn that are ideal if you are watching your pennies.
When is the best time for a budget trip to Myvatn?
Weather is probably a major factor when you plan your trip to Myvatn, and keep 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 temp of 47°F, while the coldest months are December and January with an average of 26°F. Average annual precipitation for Myvatn is 54 inches.
What is there to see and do in Myvatn?
Myvatn attracts visitors with its fantastic dining options and lakeside setting, and offers plenty to see and do without spending a fortune. You can budget for the local attractions that interest you most, and then make time for sights and activities that cost little or nothing at all. If you’re eager to get outdoors, you can enjoy the natural setting at Lake Myvatn, Myvatn Nature Baths, or Dimmuborgir.
How can I get to Myvatn and get around on a budget?
Scoping out the transportation options in Myvatn is a smart way to keep your trip affordable. The nearest airport is Akureyri (AEY), 30.2 mi (48.6 km) away. Myvatn might not have many public transportation choices so renting a car could be an economical alternative to explore the area.