Search
Best hotels
Insights
Tips
FAQs
Map

Reykjavik Budget Hotels

Search and compare hundreds of travel sites at once for budget hotels in Reykjavik, Capital Region

Here is why travelers choose KAYAK

Free to useThere are no hidden charges or fees

Filter your dealsFilter by free cancellation, free breakfast and more.

Millions of reviewsCheck ratings based on millions of real guest reviews.

Best Reykjavik budget hotels

Most recommended Reykjavik budget hotels

Show all
Nordic Hostel - Reykjavik - Restaurant
Nordic Hostel
Miðborg
9.4Wonderful(259)
Free Wi-Fi
RM 519+
Check availability
Iceland Parliament Hotel, Curio Collection By Hilton - Reykjavik - Lounge
Iceland Parliament Hotel, Curio Collection By Hilton
Miðborg
9.2Wonderful(226)
Free Wi-Fi
RM 1,944+
Check availability
Cityhub Reykjavik - Reykjavik - Lounge
Cityhub Reykjavik
Miðborg
9.1Wonderful(122)
Free Wi-Fi
RM 639+
Check availability
Reykjavik Konsulat Hotel, Curio Collection by Hilton - Reykjavik - Lounge
Reykjavik Konsulat Hotel, Curio Collection by Hilton
Miðborg
9.1Wonderful(505)
Free Wi-Fi
Spa
RM 2,089+
Check availability
Hotel Local 101 - Reykjavik - Restaurant
Hotel Local 101
Vesturbær
9.0Wonderful(2218)
Free Wi-Fi
Pet-friendly
RM 1,119+
Check availability
Hotel Lotus - Reykjavik - Bedroom
Hotel Lotus
Háaleiti og Bústaðir
9.0Wonderful(1231)
Parking
Free Wi-Fi
RM 1,239+
Check availability
Hotel Reykjavik Saga - Reykjavik - Bedroom
Hotel Reykjavik Saga
Miðborg
9.0Wonderful(227)
Free Wi-Fi
Pet-friendly
RM 1,956+
Check availability
Eric The Red Guesthouse - Reykjavik
Eric The Red Guesthouse
Miðborg
8.9Very Good(3043)
Parking
Free Wi-Fi
Pet-friendly
RM 1,066+
Check availability
The Reykjavik Edition - Reykjavik - Living room
The Reykjavik Edition
Miðborg
8.9Very Good(370)
Free Wi-Fi
Spa
RM 3,115+
Check availability
Canopy by Hilton Reykjavik City Centre - Reykjavik - Lounge
Canopy by Hilton Reykjavik City Centre
Miðborg
8.9Very Good(941)
Free Wi-Fi
RM 1,675+
Check availability
Vintage Hotel - Reykjavik - Kitchen
Vintage Hotel
Miðborg
8.9Very Good(2009)
Free Wi-Fi
RM 1,267+
Check availability
Exeter Hotel - Reykjavik - Patio
Exeter Hotel
Miðborg
8.8Very Good(2425)
Free Wi-Fi
RM 1,436+
Check availability
Alda Hotel Reykjavik - Reykjavik - Bedroom
Alda Hotel Reykjavik
Miðborg
8.7Very Good(1532)
Free Wi-Fi
Spa
RM 1,839+
Check availability
The Swan House by Heimaleiga - Reykjavik - Lobby
The Swan House by Heimaleiga
Miðborg
8.7Very Good(1938)
Free Wi-Fi
RM 1,232+
Check availability
Reykjavik Marina - Berjaya Iceland Hotels - Reykjavik - Lounge
Reykjavik Marina - Berjaya Iceland Hotels
Vesturbær
8.7Very Good(3042)
Free Wi-Fi
RM 1,685+
Check availability
Go to map view

Search by stars

2+ stars3+ stars4+ stars5 stars

Search by review score

6+ Okay7+ Good8+ Great9+ Excellent

Search by price

RM 99 - RM 604RM 604 - RM 1,108RM 1,108 - RM 1,609RM 1,609 - RM 2,113RM 2,113+ per night

Search by freebies

Free cancellationFree breakfastFree parkingFree internet

KAYAK’s insights for budget hotels in Reykjavik

Discover seasonal trends, ideal booking windows, and other data-driven tips to plan your stay in Reykjavik with confidence.

How much is a budget hotel in Reykjavik for tonight?

The best deal for a 3-star budget hotel room in Reykjavik found by KAYAK users in the last 3 days was RM 270, while a 4-star budget hotel the lowest price was RM 626. The cheapest room found overall was for RM 328.

How much is a budget hotel in Reykjavik for this weekend?

The cheapest budget hotel room in Reykjavik for the upcoming weekend found on KAYAK in the last 3 days was for RM 265 per night. For the same dates, 3-star budget hotel rooms have been found for as low as RM 265 per night and 4-star budget hotel rooms from RM 1,296 per night.

How early should you book a hotel in Reykjavik?

Book at least 2 days before your stay begins to get the best price for your Reykjavik hotel.
Find deals

Good to know

Low season

April

High season

August

Average price (weeknight)

RM 2,285

Average price (weekend night)

RM 1,840
Cheapest month to stay with an average 28% drop in price.
Most expensive month to stay with an average 63% rise in price.
Average Sun - Thu price over the last 2 weeks.
Average Fri & Sat price over the last 2 weeks.

KAYAK's top tips for finding Reykjavik budget hotel deals

  • Prices for budget hotels in Reykjavik are cheaper in the low season, which is in April and February.
  • Budget room prices can vary depending on different factors. However, generally, rooms cost less on a Sunday. The most expensive night for a stay is Tuesday.
  • The cheapest budget hotel room in Reykjavik found on KAYAK in the last 2 weeks was RM 136. The most expensive cost RM 3,953.

FAQs about Reykjavik budget hotels

  • How much does a room in a budget hotel in Reykjavik cost?

    On average, budget hotel rooms in Reykjavik cost RM 1,324. Depending on when you make your booking, when you book for, and other factors, it is possible to get better deals. The cheapest price booked on KAYAK in the last 3 days was RM 441.

Where to stay in a budget hotel in Reykjavik?

Our map will help you find the perfect place to stay in Reykjavik by showing you the exact location of each hotel.

Everything you need to know for your stay in Reykjavik

Reykjavik Budget Hotel Deals. Search for budget hotels in Reykjavik. Find cheap hotel rooms in Reykjavik. KAYAK searches hundreds of travel sites to help you find affordable hotels and book the room that suits you best.

Not what you’re looking for? Find thousands of other hotels, flights, car hires and package deals with KAYAK.