Budget Hotels in Reykjavik, Capital Region

    calendar shield illustration
    Change your mind
    Book hotels with free cancellation
    deals illustration
    Treat yourself
    Sign in to save 10% or more on thousands of hotels
    bed illustration
    Be picky
    Search almost a million properties worldwide

Check availability on Reykjavik Budget Hotels

This weekend
Next weekend

Top Reykjavik Budget Hotels

Hotel Von

3.5 star property
9.4 out of 10, Exceptional, (1000)
"Incredible hotel, love this place"
The price is P12,170
P13,881 total
includes taxes & fees
Jul 7 - Jul 8
Hotel Von

ABC Hotel by Reykjavik Keflavik Airport

3.0 star property
7.4 out of 10, Good, (680)
"Good for an overnight stay. Very kind lady at Reception who helped us check in."
The price is P10,449
P11,973 total
includes taxes & fees
Jul 4 - Jul 5
ABC Hotel by Reykjavik Keflavik Airport

Bus Hostel Reykjavik

3.0 star property
8.2 out of 10, Very Good, (283)
"Nice staff"
The price is P7,764
P8,991 total
includes taxes & fees
Jul 7 - Jul 8
Bus Hostel Reykjavik

Hostel B47

2.0 star property
8.6 out of 10, Excellent, (170)
"Great location w free parking. A few of the big landmarks and great restaurants are nearby. Check in and check out were extremely easy which I appreciated. "
Hostel B47

Kex Hostel Reykjavík

2.0 star property
8.4 out of 10, Very Good, (614)
"Amazing location and amazing rooms! "
The price is P7,453
P8,647 total
includes taxes & fees
Jul 8 - Jul 9
Kex Hostel Reykjavík

Baron's Hostel

2.0 star property
8.6 out of 10, Excellent, (83)
"Great place and great value "
Baron's Hostel

Lækur Hostel

2.0 star property
9.0 out of 10, Wonderful, (78)
"I have stayed in many hostels and this was one of my favorite by far. It is quiet and comfortable and clean as well as affordable."
The price is P22,434
P25,276 total
includes taxes & fees
Jul 7 - Jul 8
Lækur Hostel

Student Hostel

2.0 star property
9.6 out of 10, Exceptional, (88)
"We enoyed our stay."
Student Hostel

Start Hostel

2.0 star property
9.4 out of 10, Exceptional, (462)
"Clean and comfortable spacious rooms, very friendly staff. Close to airport, perfect for short stay between connection flihts"
The price is P10,984
P12,567 total
includes taxes & fees
Jul 14 - Jul 15
Start Hostel

Refurinn Reykjavik Guesthouse - Hostel

2.0 star property
8.8 out of 10, Excellent, (32)
"Great location and great staff"
The price is P11,373
P12,999 total
includes taxes & fees
Jul 6 - Jul 7
Refurinn Reykjavik Guesthouse - 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.

Frequently asked questions

What is Reykjavik like for travelers on a budget?
Reykjavik offers cheap accommodation options and a variety of places to visit, making it a great choice for a budget-friendly getaway. In addition to its well-known attractions like Reykjavik Harbour, this destination is home to Reykjavik Pond and Tjornin, which you can enjoy while spending very little.
What's the best budget-friendly accommodation in Reykjavik?
Based on reviews, Hotel Von is a popular hotel for our travelers who want a more economical choice, and features free WiFi and a restaurant. Other options for your budget-friendly stay include Hostel B47 and Kex Hostel Reykjavík.
How many inexpensive hotels will I 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, 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 50°F, while the coldest months are December and January with an average of 32°F. Average annual precipitation for Reykjavik is 50 inches.
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 closest airport is 1.2 mi (2 km) away from the center in Reykjavik Domestic Airport (RKV). However, if that doesn't suit your budget, you can book a flight to Reykjavik--Keflavik Intl. Airport (KEF), located 23.2 mi (37.3 km) away. Reykjavik might not have very many public transportation choices so a car rental could be a reasonable alternative to see more of the area.