THE 10 BEST Cheap Hotels in Reykjavik - Sept 2020 (with Prices)

“Great location friendly staff Sky Bar and Restaurant had affordable meals and Happy Hour Breakfast was excellent hot and cold choices and lovely view from the Restaurant Fantastic stayThe hotel was in an excellent...”
“Great views from the rooms and even better from the Sky Lounge where you can have an amazing breakfast, don’t forget to also go for the happy hour for a cheap drink and afternoon views across the harbour and Harp...”

Center Hotels Arnarhvoll

$157

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Agoda.com

$157

Trip.com

$102

Expedia.com

$160

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2,272 reviews

#2 Best Value of 19 Budget Hotels in Reykjavik

“... fresh choices, friendly staff, considering the restaurant cost in Reykjavik this is definitely a bargain; clean and tidy with modern decor; walking a block or two u r at the city Center, yet neighbourhood is q...”
“The Storm Hotel is a solid option for anyone travelling on a budget, being a little cheaper than other hotels in the area but offering an excellent service and rooms.”

Storm Hotel by Keahotels

$141

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$141

Snaptravel

$114

lovevacations

$149

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1,693 reviews

#3 Best Value of 19 Budget Hotels in Reykjavik

“There is also a small games room and a comfortable bar in the basement (and a generous 'happy hour' period which makes the drinks more affordable) and should you miss seeing the Northern Lights check out the mural...”
“Rooms are well appointed with everything you could possibly need and happy hour lasts from 6 - 8 pm with 2 beers at 1000 ISK which although this equates to about £4.50 is an absolute bargain in probably the most e...”

Hotel Klettur

$188

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Snaptravel

$115

Expedia.com

$189

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2,076 reviews

#4 Best Value of 19 Budget Hotels in Reykjavik

“The Continental Breakfast was lovely, and there is the usual cheese, meat, pastries, cereals and juices on offer as well as tea and coffee - would suggest that if you are traveling on a budget, you fill up at brea...”
“Would recommend a visit to the sky bar at city hotel arnarhvoll the food and view were fab and you get a discount if you are staying at any of the cityhotel chain.”

Center Hotels Klopp

$125

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Trip.com

$106

Snaptravel

$88

Expedia.com

$120

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1,391 reviews

#5 Best Value of 19 Budget Hotels in Reykjavik

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Fosshotel Reykjavik

$124

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Booking.com

$141

Snaptravel

$120

lovevacations

$161

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2,451 reviews

#6 Best Value of 19 Budget Hotels in Reykjavik

“Great service, immaculate, Affordable with easy Location for walking and exploring Reykjavík.”
“Some other great meals we enjoyed in the city were at Snaps, Fish Market and Karuna Thai...not cheap but definitely great meals.”

“Yes it’s a budget hotel but it’s very clean, cosy and warm, ideal for transport pick ups and with very friendly and helpful staff.”
“There is a fab public swimming pool that is near by that is volcanic water and there are wirlpools too, that is cheap and walk-able from the hotel.”

Arctic Comfort Hotel

$94

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Trip.com

$78

Snaptravel

$77

lovevacations

$95

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747 reviews

#7 Best Value of 19 Budget Hotels in Reykjavik

Skuggi Hotel by Keahotels

$130

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$139

Snaptravel

$113

lovevacations

$158

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2,359 reviews

#8 Best Value of 19 Budget Hotels in Reykjavik

“Lovely staff, location is great for cheap eats at the nearby food hall and a couple of decent Vietnamese places, breakfast has a good selection including fruit, skyr, granola/ cereals, breads and smoked salmon, pl...”
“5 min walk to Hallgrímskirkja church, 1 block from Main Street in Reykjavik with lots of shops/restaurants etc. 1 min walk to discount supermarket, really handy for supplies/snacks etc. Rooms are a good size with...”

“- very close to 1 of the famous budget grocery stores Kronan - we bought fruit, some veggies, and snacks at reasonable price (only use Kronan or Bonus on the main shopping street - the other ones grocery stores li...”
“This is a solid budget hotel with a great staff; a good location; and the willingness to make your trip enjoyable and affordable.”

Hotel Cabin

$88

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Booking.com

$104

Snaptravel

$87

CheapTickets

$123

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2,671 reviews

#9 Best Value of 19 Budget Hotels in Reykjavik

“All in all a very pleasant stay and highly recommended if you are looking for a budget stay in Reykjavik.”
“The hotel is linked to a restaurant which provides fantastic food and you also receive a 10% discount if you dine here.”

22 Hill Hotel

Hotels.com

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$140

Agoda.com

$125

Travelocity

$146

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1,258 reviews

#10 Best Value of 19 Budget Hotels in Reykjavik

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4th Floor Hotel

$73

$56

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Expedia.com

$65

CheapTickets

$65

FindHotel

$73

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529 reviews

#11 Best Value of 19 Budget Hotels in Reykjavik

“Great budget place to stay in Reykjavik with free indoor parking.”
“Clean, comfortable and affordable”

“... you an incredible fussy eater there is something for everyone and plenty of it, the staff in the foyer were excellent in assisting getting tours book, knowledgeable and very friendly, happy hour was a bargain.”
“Consider your stay at Fosshótel Rauðará if you want convenience and friendly service at an affordable price.”

Fosshotel Raudara

$103

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Booking.com

$106

Agoda.com

$89

lovevacations

$124

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1,420 reviews

#12 Best Value of 19 Budget Hotels in Reykjavik

“I was looking for 5he most affordable place in the city and lucked onto this boutique hotel in the City Center.”
“Good place with central and convenient location at an affordable price.”

City Center Hotel

Hotels.com

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Snaptravel

$251

ZenHotels.com

$248

lovevacations

$298

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1,144 reviews

#13 Best Value of 19 Budget Hotels in Reykjavik

“... there are a lot of good restaurants around the area walking distance and catering for every type of budget.I definitely recommend this place it even comes with free breakfast of very good quality including a s...”
“The hotel is located at the end of the main pedestrian shopping street, with plenty of restaurants and bars of all types, from very inexpensive to quite pricey.”

Center Hotels Plaza

$143

$82

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Expedia.com

$143

Agoda.com

$139

Booking.com

$140

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3,192 reviews

#14 Best Value of 19 Budget Hotels in Reykjavik

Hotel Island Spa and Wellness

$120

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Booking.com

$114

Snaptravel

$96

ZenHotels.com

$129

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897 reviews

#15 Best Value of 19 Budget Hotels in Reykjavik

“The one in the Island Hotel is quite nice though, and the 3-course set menu was almost a bargain for Iceland...”
“Beautiful, affordable, luxurious rooms on the renovated floors.”

“A perfect budget hotel central to all the sights of Rekjavik.The breakfast is out of this world, everything from cereals fruit and yogurt to waffles, eggs, sausage, cooked meats, cheese, croissants and toast, jams...”
“If however you are looking for a great place to base your trip from that provides adequate and affordable accommodation with friendly staff and a good breakfast and nice little bar then this is absolutely the plac...”

Fosshotel Baron

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Trip.com

$102

CheapTickets

$109

lovevacations

$124

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2,323 reviews

#16 Best Value of 19 Budget Hotels in Reykjavik

“Rates are very affordable and comes with an outstanding breakfast.”
“I highly recommend this hotel as an affordable place to stay with amenities!”

Hotel Leifur Eiriksson

$85

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Expedia.com

$79

Snaptravel

$59

Hurb

$86

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1,717 reviews

#17 Best Value of 19 Budget Hotels in Reykjavik