Cheap and Budget Hotels in Reykjavik

A practical base near Reykjavik's waterfront with solid breakfast and friendly staff, at a reasonable price.

A lively social hostel with a great bar, sea views, and a fully stocked kitchen in central Reykjavik.

A central Reykjavik hotel with a solid breakfast and parking, right on the main shopping street.

Solid 3-star stay with free parking, a praised breakfast, and a central Reykjavik address.

Guests rave about the breakfast buffet and the mountain views at this 3-star hotel, set a 25-minute walk from Hallgrimskirkja.

A stylish base in Reykjavik with a top-rated location, modern rooms, and breakfast that earns consistent praise.

A 3-star stay near the Sun Voyager with praised breakfasts and a walkable centre.

A well-located Reykjavik base with a standout breakfast and staff who go out of their way to help.

Budget-friendly hostel next to the bus terminal with a sociable lounge, clean dorms, and easy access to tour pick-ups.

A modern 3-star with mountain views, free parking and a staff that guests remember.

Central Reykjavik stay with high location score and praised breakfast.

A lively, eco-conscious hostel in the city center with live music, karaoke, and a rooftop terrace – excellent value from £39.

Centrally located 3-star with a 9/10 location rating and easy access to Reykjavik's main street.

In the heart of Reykjavik's shopping street, with helpful staff and a good breakfast.

A clean, welcoming hotel with a central-yet-quiet location and staff that go out of their way to help.

A central base for exploring Reykjavik, with modern rooms and a location score of 9/10.

A clean, modern stay with free parking and friendly staff, minutes from Kringlan Mall.

Steps from Hallgrimskirkja and a short walk to Laugavegur, this smoke-free 3-star offers clean rooms and a helpful front desk.

A friendly, central guesthouse just steps from Hallgrimskirkja, with clean rooms and a handy shared kitchen.

A well-rated, affordable base near the National Museum, with functional rooms and handy kitchen facilities.

Eco-friendly hostel with free parking, a well-equipped kitchen, and a relaxed, sociable atmosphere — a solid base for exploring Reykjavik without breaking the bank.

Walk to Harpa and Laugavegur from this central guesthouse with a shared kitchen and well-reviewed breakfast.

Simple, well-located budget rooms on Reykjavik's main street, close to the airport shuttle.

A no-frills guesthouse with a garden, shared kitchen, and free parking—a practical base for exploring Reykjavik.

A homely guesthouse with garden views, a good breakfast, and a helpful tour desk – just a short walk from the city centre.

An easygoing Reykjavik base with homemade cakes each afternoon, free Wi-Fi and on-site parking.

Affordable Reykjavik stay with free parking, reliable Wi-Fi, and kitchenettes in spacious rooms.

A 17-room hotel with a standout breakfast and a location that puts you close to Reykjavik's center and Laugardalur.

Compact studios with kitchenettes on Reykjavik's main shopping street, plus free parking and easy self check-in.

Central Reykjavik guesthouse with free parking, a shared kitchen, and a relaxed, welcoming atmosphere.

Guest-favorite for its generous rooms, free parking, and a shared kitchen with round-the-clock coffee.

Quiet garden-view rooms, free Wi-Fi, and a breakfast that guests say saves money.

A cozy guesthouse with free parking, a hearty breakfast, and a central location near Hallgrimskirkja.

A well-rated Reykjavik stay with a rooftop hot tub and cozy movie hub, minutes from the opera.

An adults-only, 30-room stay in central Reykjavik with standout service and a 1.3 km walk to Hallgrimskirkja.

A modern, clean hostel with free parking, a well-equipped kitchen, and a female-only dorm – ideal for budget travelers wanting a home-like base.

A charming, home-like guesthouse near Hallgrimskirkja with a communal kitchen, garden chickens, and free parking.

A friendly Reykjavik hostel with free breakfast, a well-equipped shared kitchen, and a central spot for walkers.

A central guesthouse with shared-bathroom rooms, steps from the bus stop and city centre.

A lively, central Reykjavik hostel with a 24-hour bar, free coffee in the morning, and a bus stop right outside.

Free parking, a proper kitchen, and a social café-bar make this Reykjavik hostel an easy budget pick.

A clean, friendly hostel in the heart of Reykjavik, steps from the bus terminal and main sights.

Free parking and a central Reykjavik location make this a practical base for exploring the capital.

Walk to Hallgrimskirkja from this centrally placed guesthouse with a surprisingly good breakfast and kitchen access.

Self-catering studios with kitchenettes and free parking in a quiet Reykjavik area, near supermarkets and a short drive from the airport.

A central Reykjavik guesthouse with free parking, a garden, and a breakfast that guests consistently praise.

Central Reykjavik base on Laugavegur with clean rooms and a friendly, personal touch.

Guests rate this Reykjavik hostel 9.3 for its clean rooms, friendly service, and central location near the Icelandic Phallological Museum.

A budget-friendly stay with free parking and a shared kitchen, a 20-minute walk from downtown Reykjavik.

Budget rooms right by Reykjavik's main bus terminal, with free parking and a shared kitchen.