Cheap hotels near Reykjavik from just AU$21

Affordable stays in Reykjavik

Whether you’re saving all your cash for activities and eats in Reykjavik or are just travelling on a tight budget, there’s plenty of quality options for you to book into.

And sticking to a budget doesn’t always mean you won’t be able to stay near top attractions like Reykjavik Airport (RKV), Golden Circle Day Tours, Destination Blue Lagoon, Icelandia, Closed, Igloo Travel, Tyr Apartments, Harpa Concert Hall and Conference Centre, Hallgrímskirkja, Ingólfur Square. It’s just about finding the right balance between location, amenities and price! But 37 Traveloka travellers can’t be wrong, and these cheap hotels in Reykjavik still average out at 8.6/10 in customer reviews.

Tips for finding cheap hotels in Reykjavik

Some places are certainly easier for finding budget-friendly accommodation than others, but luckily there are cheap hotels in Reykjavik just waiting to be booked by you. Traveloka offers plenty of filtering options when searching to help you find the cheapest stay, whether you’re looking in Reykjavik or anywhere else in the world. Here’s what to do:

• Use the “Price range” filter. This can get you results for what you define as “cheap” as what’s budget friendly to you, may not be to someone else. 
• Next, to make sure stays still meet any minimum expectations, you can also add filters for the star rating and guest rating to make sure you’re seeing the best of the best in Reykjavik
• Finally, we offer a “Sort by: Lowest Price” option, so you can see the absolute cheapest price for everything that meets your criteria

When to stay in Reykjavik for the cheapest hotel prices

It’s best to keep in mind seasonality both where you’re coming from and where you’re going; just because it’s not a holiday for you, doesn’t mean it’s definitely not a holiday in Reykjavik.

Avoid travelling to Reykjavik during these times:

• School holidays: Avoid travelling during school holidays as this is peak season for families on the move
• Christmas/New Years: A popular time for both families and those with shut-down periods over the holidays, prices tend to soar in late-December and early January
• Long weekends: Those looking to save on a bit of annual leave or take a short break may head over to Reykjavik at this time, which increases demand and pricing

Why book your Reykjavik hotels on Traveloka

Of course we’d love for you to book all your hotels in Reykjavik with us, but we have some pretty great reasons you should too. 

• Exclusive discounts: We often run Traveloka-only deals that you won’t be able to use if you book your stay directly with the hotel. This could be a coupon code for a discount or lower-rates for multi-day stays

• 24/7 customer service: If you’re unsure about something in your booking and aren’t in the same time-zone as your hotel, no worries! Our customer care team is available around the clock no matter where in world you are or your hotel is

• Member perks: Every stay, flight, activity and anything else you book through the Traveloka earns you points that you can use toward future stays at Reykjavik hotels

Looking for more accommodation options? 

We offer thousands of properties worldwide, so if there aren’t any Reykjavik properties at your destination that tickle your fancy, we’re sure we have something that will have you resting easy upon arrival. Browse all of our available hotels with our handy hotels search tool.