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Cheap Hotels in Reykjavik
Iceland, Europe
€336
Average nightly rate
€243
Cheapest on file
17
Live listings found
94%
Include free wifi
We found 17 real live budget hotel listings in Reykjavik, ranging from €243 to €389 a night. Reykjavik is located in Iceland, in Europe. Prices shown are a live sample for a 1-night stay starting 2026-08-22; use the search box above for your own dates.
Live budget hotel listings in Reykjavik
Real listings from our booking partner, cheapest first — sample rates for 2026-08-22 to 2026-08-23. Use the search box above for your own dates.
Map of budget hotels in Reykjavik
Map data © OpenStreetMap contributors.
Weather in Reykjavik by season
Based on the last 3 years of real historical data.
January
2° / -2°C
~127mm rain
April
7° / 2°C
~104mm rain
July
13° / 10°C
~86mm rain
October
7° / 4°C
~144mm rain
Things to do near Reykjavik hotels
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Iceland South Coast Full Day Small-Group Tour from Reykjavik
★ 4.8(6,362 reviews)· 10 hrs
From €115
Golden Circle, Volcano Crater and Blue Lagoon Small-Group Tour
★ 4.8(2,461 reviews)· 11 hrs
From €227
Sky Lagoon Entrance Ticket Including 7-Step Ritual
★ 4.7(2,516 reviews)· 2h 30m
From €101
Golden Circle Classic Day Tour from Reykjavik
★ 4.5(5,536 reviews)· 6h 30m
From €72
Real listings from Viator, including live ratings and prices — clicking through takes you to book directly.
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FAQs — Cheap Hotels in Reykjavik
Based on 17 real live listings we checked, budget hotels in Reykjavik average around €336 a night, with the cheapest we found at €243. Use the search box above for pricing on your exact dates.