H
Good value
Hotel Cabin ★★★
Reykjavik
A practical base near Reykjavik's waterfront with solid breakfast and friendly staff, at a reasonable price.
3 star hotels · Capital Region · Iceland
We reviewed 45 hotels in Reykjavik across every price band and picked the 33 best-rated and most representative for this page.
H
Good value
Reykjavik
A practical base near Reykjavik's waterfront with solid breakfast and friendly staff, at a reasonable price.
H
Central Choice
Reykjavik
A central Reykjavik hotel with a solid breakfast and parking, right on the main shopping street.
S
Central with parking
Reykjavik
Solid 3-star stay with free parking, a praised breakfast, and a central Reykjavik address.
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Central & Practical
Reykjavik
A dependable 3-star base a short walk from Laugavegur, with a tour desk and quiet rooms.
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Breakfast favorite
Reykjavik
Guests rave about the breakfast buffet and the mountain views at this 3-star hotel, set a 25-minute walk from Hallgrimskirkja.
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Central & Modern
Reykjavik
A stylish base in Reykjavik with a top-rated location, modern rooms, and breakfast that earns consistent praise.
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City Comfort
Reykjavik
A 3-star stay near the Sun Voyager with praised breakfasts and a walkable centre.
F
Central & Friendly
Reykjavik
A well-located Reykjavik base with a standout breakfast and staff who go out of their way to help.
H
Guest favourite
Reykjavik
A modern 3-star with mountain views, free parking and a staff that guests remember.
F
Central & Well-Rated
Reykjavik
Central Reykjavik stay with high location score and praised breakfast.
C
Central & practical
Reykjavik
Centrally located 3-star with a 9/10 location rating and easy access to Reykjavik's main street.
C
Central & comfortable
Reykjavik
In the heart of Reykjavik's shopping street, with helpful staff and a good breakfast.
A
Good value
Reykjavik
A clean, welcoming hotel with a central-yet-quiet location and staff that go out of their way to help.
C
Central & Modern
Reykjavik
A central base for exploring Reykjavik, with modern rooms and a location score of 9/10.
O
Great value
Reykjavik
A clean, modern stay with free parking and friendly staff, minutes from Kringlan Mall.
H
Central & simple
Reykjavik
Steps from Hallgrimskirkja and a short walk to Laugavegur, this smoke-free 3-star offers clean rooms and a helpful front desk.
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Central & Friendly
Reykjavik Guest house
A friendly, central guesthouse just steps from Hallgrimskirkja, with clean rooms and a handy shared kitchen.
1
Central Budget Stay
Reykjavik
Simple, well-located budget rooms on Reykjavik's main street, close to the airport shuttle.
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Central & Self-Catering
Reykjavik Aparthotel
Bright, well-equipped apartments in the center of Reykjavik, steps from the city's best nightlife.
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Practical base
Reykjavik Guest house
A no-frills guesthouse with a garden, shared kitchen, and free parking—a practical base for exploring Reykjavik.
H
Homey & central
Reykjavik
An easygoing Reykjavik base with homemade cakes each afternoon, free Wi-Fi and on-site parking.
A
Budget-friendly
Reykjavik
Affordable Reykjavik stay with free parking, reliable Wi-Fi, and kitchenettes in spacious rooms.
H
Guest Favorite
Reykjavik
A 17-room hotel with a standout breakfast and a location that puts you close to Reykjavik's center and Laugardalur.
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Pet-friendly & central
Reykjavik Guest house
Central Reykjavik guesthouse with free parking, a shared kitchen, and a relaxed, welcoming atmosphere.
B
Free parking
Reykjavik
Guest-favorite for its generous rooms, free parking, and a shared kitchen with round-the-clock coffee.
N
Garden views
Reykjavik
Quiet garden-view rooms, free Wi-Fi, and a breakfast that guests say saves money.
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Central & Cozy
Reykjavik Bed & Breakfast
A cozy guesthouse with free parking, a hearty breakfast, and a central location near Hallgrimskirkja.
C
Rooftop hot tub
Reykjavik
A well-rated Reykjavik stay with a rooftop hot tub and cozy movie hub, minutes from the opera.
H
Central & Quiet
Reykjavik
An adults-only, 30-room stay in central Reykjavik with standout service and a 1.3 km walk to Hallgrimskirkja.
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Charming & central
Reykjavik Guest house
A charming, home-like guesthouse near Hallgrimskirkja with a communal kitchen, garden chickens, and free parking.
O
Great value
Reykjavik Aparthotel
A well-equipped 3-star with free parking and high guest ratings in Reykjavik East.
R
Central & practical
Reykjavik
A central Reykjavik base with free Wi-Fi and parking, close to the cathedral and Laugavegur.
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Central & Practical
Reykjavik
A reliable 3-star base in Reykjavik, 0.7 km from Tjörnin, with 24-hour reception and a daily continental breakfast.
T
Central & Self-Catering
Reykjavik Aparthotel
Central Reykjavik aparthotel with kitchenette studios, free Wi-Fi and nearby parking – a quiet base for exploring the city.
A
Central with parking
Reykjavik
Free parking and a central Reykjavik location make this a practical base for exploring the capital.
R
Guest favourite
Reykjavik Bed & Breakfast
Central Reykjavik B&B with a 9.3 guest rating, homemade breakfasts, and a host who goes out of their way.
1
Central & Practical
Reykjavik
Studios with kitchenettes near Hallgrimskirkja, with private parking and a 8.3 guest rating.
1
Central & Friendly
Reykjavik
Central Reykjavik base on Laugavegur with clean rooms and a friendly, personal touch.
S
Central & Self-Catering
Reykjavik Aparthotel
Self-catering studios with kitchenettes and a prime location near Reykjavik's center, plus easy parking.
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Small & Personal
Reykjavik
A quiet, personal 9-room hotel on Laugavegur with spotless rooms and genuinely helpful owners.
H
Central & spacious
Reykjavik Guest house
Central Reykjavik guesthouse with spacious, clean rooms and kitchenettes, minutes from Harpa and the old harbour.
R
Central & friendly
Reykjavik
Friendly staff, clean rooms, and a location beside Reykjavik's central bus station make this a practical choice.
H
Central & Quiet
Reykjavik
A small, clean hotel near the harbour and city centre with comfy beds and helpful staff.
4
Central & Budget
Reykjavik
A dependable base on Laugavegur, close to bus stops and the National Theatre, with a praised breakfast buffet.
O
Central & self-catering
Reykjavik
Self-catering studios on Reykjavik's main shopping street, steps from Hallgrimskirkja.
Map & live prices by our partner
The value in Reykjavik's 3-star category is concentrated in central locations and praised breakfasts. Hotel Muli offers the lowest starting price at 4,797 ISK, while Cityhub Reykjavik tops the ratings at 9.1 and includes a rooftop hot tub. The cheapest options often provide kitchenettes or shared kitchens, which can save considerably on meals.
The majority of 3-star hotels are within walking distance of Laugavegur and the main landmarks. Center Hotels Klopp rates its location at 9/10 and starts at 11,438 ISK, while City Center Hotel also scores 9/10 for location. For proximity to Hallgrimskirkja, Hotel Leifur Eiriksson is steps away, though at a higher price.
Cityhub Reykjavik leads the category with a 9.1 guest rating, followed closely by Hotel Lotus at 9.0 and Hotel Local 101 at 8.9. These top performers are found across different price points — Cityhub is mid-range, Hotel Lotus is moderately priced, and Hotel Local 101 offers the best value at 6,395 ISK. The average rating across all 3-stars here is 8.1.
Budget-conscious travellers have several solid options: Hotel Muli from 4,797 ISK, Hotel Local 101 from 6,395 ISK, Ok Hotel from 7,502 ISK, and Arctic Comfort Hotel from 8,486 ISK. These low prices often come with self-catering facilities, such as kitchenettes or a shared kitchen, and some include free parking.
Breakfast is a defining feature of many 3-stars in Reykjavik, and some are praised specifically for it. Reykjavik Lights Hotel by Keahotels and Storm Hotel by Keahotels earn consistent praise for their breakfasts, while Hotel Lotus is singled out for a standout breakfast. These often justify a higher rate.
Free parking is a valuable perk in a city where paid street parking is common. Skuggi Hotel By Keahotels, Hotel Muli, Oddsson Midtown Hotel, Brim Hotel, and Arctic Comfort Hotel all offer free parking, making them ideal for road-trippers. These properties range from budget to mid-range in price.
Several 3-star hotels cater to those who prefer to cook. Ok Hotel offers self-catering studios, while Brim Hotel provides a shared kitchen with round-the-clock coffee, and Arctic Comfort Hotel includes kitchenettes in spacious rooms. These are among the cheapest options, starting at 7,502 ISK.
Hotel Leifur Eiriksson is steps from Hallgrimskirkja and a short walk to Laugavegur, though at 61,864 ISK it's the most expensive on this list. Ok Hotel is also steps from the church and starts at 7,502 ISK, while Reykjavik Lights Hotel is a 25-minute walk away.
Laugavegur, the main shopping street, is home to several 3-star hotels. Hotel Fron is right on the street, and Hotel Klettur is a short walk away. Ok Hotel and 101 Guesthouse Hotel also sit on the main drag, and Center Hotels Skjaldbreid is in the heart of the shopping area.
Oddsson Midtown Hotel is minutes from Kringlan Mall, a major shopping centre, and offers free parking and a starting rate of 9,347 ISK. Hotel Muli is also nearby, with a low price and mountain views.
Prices for 3-star hotels in Reykjavik typically range from around 4,797 ISK to 61,864 ISK, with a median rate of about 18,571 ISK. The cheapest rooms are often self-catering or budget hotels, while central ones with breakfast and parking fall in the middle.
For first-time visitors, staying along Laugavegur or near the harbour puts you within walking distance of the main sights, restaurants, and bars. Many 3-star hotels like Center Hotels Klopp and City Center Hotel score their location at 9/10, making them ideal bases without needing a car.
Most 3-star hotels in Reykjavik offer breakfast, and several are notably praised for it, such as Reykjavik Lights Hotel and Hotel Lotus. The price often reflects the quality of the breakfast, which can be substantial and help offset dining costs.
The cheapest 3-star hotel is Hotel Muli, with rates starting at 4,797 ISK. It offers free parking and mountain views. Other budget options include Hotel Local 101 from 6,395 ISK and Ok Hotel from 7,502 ISK.
Several 3-star hotels offer free parking, including Skuggi Hotel By Keahotels, Hotel Muli, Oddsson Midtown Hotel, Brim Hotel, and Arctic Comfort Hotel. These are convenient if you plan to rent a car and explore Iceland's countryside.
Reykjavik's 3-star hotels cluster along Laugavegur, the main shopping street, and spread for a few blocks in every direction — from the harbour to the quiet residential edges near Laugardalur. You rarely pay for a location at this level: several sit within a 10-minute walk of Hallgrimskirkja, and some put you steps from the airport shuttle stop. What separates them is the balance of breakfast, parking, and guest rating.
The entry price here is nearly a bargain by Icelandic standards — rates from around 4,797 ISK a night are mostly rooms with kitchenettes rather than full-service stays, while the upper end approaches the price of a 4-star without quite reaching it. The page also lists a handful of guest houses, aparthotels, and bed & breakfasts alongside the hotels, which is useful when you prefer self-catering.
3-star hotels in Reykjavik are an excellent fit for travellers who want a central location and good value without paying for luxury. They're ideal for couples and solo travellers who plan to spend most of their time exploring. If you need more space for a family, consider the 'Family Friendly hotels in Reykjavik' section. For a higher level of service and amenities, you might also look at the '4 star hotels in Reykjavik'. And if you're on an extremely tight budget, the 'Cheap and budget hotels in Reykjavik' page might offer more options, while those seeking self-catering independence can also see 'Guest houses in Reykjavik'.