Find Reykjavik Budget Hotels from S$196

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Top Budget Hotels in Reykjavik

Hotel Von

3.5 star property
Downtown Reykjavik
9.4 out of 10, Exceptional, (1014)
"Wonderful stay"
United States
David
The price is S$196
includes taxes & fees
30 Nov - 1 Dec
Hotel Von

Grandi by Center Hotels

4.0 star property
Vesturbær
9.4 out of 10, Exceptional, (1387)
"Friendly and helpful staff, clean and well equipped hotel."
Canada
Ian
The price is S$257
includes taxes & fees
30 Nov - 1 Dec
Grandi by Center Hotels

Fosshotel Barón

3.0 star property
Downtown Reykjavik
8.6 out of 10, Excellent, (1008)
"Great location near touristic places, nice staff"
Mexico
Jorge Eduardo Barrera
The price is S$210
includes taxes & fees
2 Dec - 3 Dec
Fosshotel Barón

Exeter Hotel

4.0 star property
Downtown Reykjavik
9.4 out of 10, Exceptional, (1004)
"Great place to stay"
United States
Dana
The price is S$260
includes taxes & fees
3 Dec - 4 Dec
Exeter Hotel

Alda Hotel Reykjavik

4.0 star property
Downtown Reykjavik
9.4 out of 10, Exceptional, (1113)
"Perfect location and friendly staff "
United Kingdom
Izzy
The price is S$254
includes taxes & fees
30 Nov - 1 Dec
Alda Hotel Reykjavik

Hotel Reykjavík Grand

4.0 star property
Laugardalur
9.0 out of 10, Wonderful, (1012)
"Great location loved my stay. "
United States
Shirley
The price is S$244
includes taxes & fees
8 Dec - 9 Dec
Hotel Reykjavík Grand

Miðgarður by Center Hotels

4.0 star property
Tún
9.4 out of 10, Exceptional, (1234)
"Clean and everyone was so friendly "
United States
Paige
The price is S$257
includes taxes & fees
16 Dec - 17 Dec
Miðgarður by Center Hotels

Center Hotels Arnarhvoll

4.0 star property
Downtown Reykjavik
9.0 out of 10, Wonderful, (1021)
"Would stay again there"
United States
Rosemarie
The price is S$265
includes taxes & fees
11 Dec - 12 Dec
Center Hotels Arnarhvoll

The Reykjavik EDITION

5.0 star property
Downtown Reykjavik
9.4 out of 10, Exceptional, (538)
"Amazing location and staff. Rooms were great too. "
United States
Todd
The price is S$570
includes taxes & fees
12 Dec - 13 Dec
The Reykjavik EDITION

Hotel Reykjavik Centrum

4.0 star property
Downtown Reykjavik
9.4 out of 10, Exceptional, (1004)
"Check in was very easy, our room was spacious, and the location was fantastic. We were able to walk to great shopping and excellent restaurants. "
United States
Lisa
The price is S$237
includes taxes & fees
1 Dec - 2 Dec
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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Find out more about Reykjavik

Discover cheap things to do in Reykjavik

Reykjavik offers a wealth of experiences for budget-conscious travellers looking to explore without breaking the bank. Start your adventure at the iconic Hallgrímskirkja, where a modest fee grants you access to the tower's viewing platform, offering breathtaking panoramic views of the city and surrounding landscapes. A stroll through the vibrant Laugavegur shopping street not only delights with its unique boutiques but also provides a chance to sample affordable street food; try the famous hot dogs from Bæjarins Beztu Pylsur, a local favourite. Don't miss the beautiful Tjörnin pond, where you can enjoy a peaceful walk and watch the local birdlife, all completely free. For a bit of culture, the National Museum of Iceland has an entrance fee that's easy on the wallet, showcasing the country's fascinating history. When it comes to accommodation, consider staying in the trendy downtown area, where numerous budget hotels and hostels are just a stone's throw from these attractions, making it convenient to explore on foot. This area is filled with charming cafes and restaurants, perfect for sampling local delicacies at reasonable prices, ensuring your family enjoys the best of Reykjavik without overspending.

Find the best cheap hotels in Reykjavik

For budget-conscious travellers heading to Reykjavik, these top five hotels offer outstanding value without compromising comfort or convenience.

Guesthouse Sunna

  • Why it's great for a budget-friendly vacation: Guesthouse Sunna offers budget travellers a delightful stay with a stellar review rating of 9.2. This guesthouse features free Wi-Fi and self-parking, making it easy for guests to stay connected and explore the surroundings without worry. Additionally, the accommodation provides shared kitchen facilities, allowing for affordable meal preparations.
  • Other amenities: Further amenities include a daily housekeeping service, a variety of kitchen appliances such as a microwave and stovetop, and communal dining areas. The hotel also offers rollaway extra beds at no charge, making it a flexible choice for groups or families. With its central location, guests will find themselves perfectly situated to enjoy the attractions of downtown Reykjavik.
  • Neighborhood: Downtown Reykjavik
  • Nearby attractions: Laugavegur - 0.5 km, Hallgrimskirkja - 0.1 km, Reykjavik Free Church - 0.7 km

Rey Apartments

  • Why it's great for a budget-friendly vacation: Rey Apartments is a superb choice for budget travellers with a traveler review rating of 9.2, providing essential amenities at an affordable price. The hotel offers free Wi-Fi and a 24-hour airport shuttle, making it convenient for both arrivals and departures.
  • Other amenities: Guests can enjoy well-equipped rooms featuring kitchenettes, ovens, and refrigerators, perfect for those who prefer self-catering. Additional conveniences include a concierge service and the option for free street parking. Nearby locations provide opportunities for hiking and biking, ensuring travelers can explore the natural beauty of Iceland.
  • Neighborhood: Downtown Reykjavik
  • Nearby attractions: Laugavegur - 0 km, Hallgrimskirkja - 0.5 km, Reykjavik Free Church - 0.6 km

Storm Hotel by Keahotels

  • Why it's great for a budget-friendly vacation: Storm Hotel by Keahotels is a budget-friendly gem that scores a remarkable 9.2 in guest reviews. Perfectly suited for cost-conscious travellers, the hotel offers free Wi-Fi and a delicious buffet breakfast to kickstart the day. With additional amenities such as free toiletries and a snack bar, guests will find everything they need for a comfortable stay.
  • Other amenities: This hotel also features options for connecting rooms, a balcony or patio for enjoying fresh air, and parking facilities for added convenience. The concierge service ensures that guests receive personalised support during their visit, and family amenities like free cribs make it a great choice for those travelling with little ones.
  • Neighborhood: Laugardalur
  • Nearby attractions: Laugavegur - 0.1 km, Harpa - 1.4 km, Hallgrimskirkja - 1.5 km

Top Reykjavik Hotel Reviews

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 Hostel B47 and KEX Hostel and Hotel Reykjavik.
How many cheap hotels should I expect to 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, 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, Oskjuhlid Hill or Nautholsvik Geothermal Beach.
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.