Find Reykjavik Budget Hotels from S$190

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Check availability on Reykjavik Budget Hotels

Top Budget Hotels in Reykjavik

Hotel Von

3.5 star property
9.4 out of 10, Exceptional, (992)
"It was a wonderful stay. All of the staff were very kind. Especially Bruno and his co worker on the evening food and wine shift. Bruno makes the best lemon martini and margaritas! The hotel is right downtown on one of main streets. Grocery store is next door. Buy duty free on the way in. The wine/liquor shop is a hike. "
The price is S$212
includes taxes & fees
17 Mar - 18 Mar
Hotel Von

Grandi by Center Hotels

4.0 star property
9.4 out of 10, Exceptional, (1021)
"I would rate it more than 5 stars because of the staff. They were friendly, helpful, knowledgeable and efficient. I want to particularly complement Ewa at the reception desk on 3/8/2025. I originally reserved a transfer to KEF airport at 1pm with a transfer bus service company. I had to leave early that day. The bus transfer company refused to change my transfer to an earlier pick up which I understood. After Ewa found out my problem, she volunteered to contact the bus company on my...
The price is S$238
includes taxes & fees
1 Apr - 2 Apr
Grandi by Center Hotels

Fosshotel Barón

3.0 star property
8.6 out of 10, Excellent, (1001)
"The desk staff were fantastic, consistently friendly and helpful. The mattress was a little too firm for my tastes - I like them fairly firm, but not that much. There was a good number of pillows, of different thickness and firmness. There was hair clogged in the shower drain when I arrived, leading the tray to drain slowly and fill with water. There is a small kettle in the room, but the sink is very shallow and the kettle won't fit in it - the only way to get water into the kettle was to fill...
The price is S$190
includes taxes & fees
1 Apr - 2 Apr
Fosshotel Barón

Exeter Hotel

4.0 star property
9.4 out of 10, Exceptional, (1000)
"Great hotel, stylish decor, close to centre. Great breakfast bagels. Warm and friendly service. We loved it."
The price is S$245
includes taxes & fees
9 Apr - 10 Apr
Exeter Hotel

Alda Hotel Reykjavik

4.0 star property
9.4 out of 10, Exceptional, (1001)
"A great place to stay in Reykjavik. Ideally located for bars, cafes, restaurants and shops. The room was ideal and very comfortable with friendly and helpful staff."
The price is S$258
includes taxes & fees
18 Mar - 19 Mar
Alda Hotel Reykjavik

Hotel Reykjavík Grand

4.0 star property
9.0 out of 10, Wonderful, (1001)
"The room was upgraded to junior suit; which is bigger than it was expected. Room had good view of the ocean & city."
The price is S$232
includes taxes & fees
2 Apr - 3 Apr
Hotel Reykjavík Grand

Miðgarður by Center Hotels

4.0 star property
9.4 out of 10, Exceptional, (1099)
"Great location and customer service! "
The price is S$280
includes taxes & fees
2 Apr - 3 Apr
Miðgarður by Center Hotels

Center Hotels Arnarhvoll

4.0 star property
8.8 out of 10, Excellent, (1003)
"Clean and comfortable. Close to the Harpa, it fitted our needs exactly. Breakfasts were excellent. "
The price is S$254
includes taxes & fees
17 Mar - 18 Mar
Center Hotels Arnarhvoll

The Reykjavik EDITION

5.0 star property
9.4 out of 10, Exceptional, (406)
"The Reykjavik Edition is one of the best hotels I've stayed at. For my first time in Iceland it was an unforgettable experience and the hotel was just as amazing as the country itself! The staff there were unreal and so accommodating, I've never felt more taken care of! The amenities are top notch and the location is an ideal base to explore Reykjavik as well as the rest of Iceland. I am so thankful I chose this hotel and would easily recommend it to anyone traveling to Iceland as the customer...
The price is S$644
includes taxes & fees
9 Apr - 10 Apr
The Reykjavik EDITION

Hotel Reykjavik Centrum

4.0 star property
9.4 out of 10, Exceptional, (1000)
"The location of the hotel was excellent. We were able to walk to everything and the bus stop for small group tours was only a block away. "
The price is S$250
includes taxes & fees
7 Apr - 8 Apr
Hotel Reykjavik Centrum
Lowest nightly price found within the past 24 hours based on a 1 night stay for 2 adults. Prices and availability subject to change. Additional terms may apply.
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Frequently asked questions

What is Reykjavik like for travellers on a budget?
Reykjavik offers cheap accommodation options and a range of things to see and do, making it a great holiday choice for budget-conscious travellers. In addition to its well-known attractions such as Reykjavik Harbour, this destination is home to Reykjavik Pond and Oskjuhlid Hill, which you can enjoy while spending very little.
What's the best place to stay on a budget in Reykjavik?
Based on reviews, Hotel Von is a popular hotel for our travellers who want a more economical choice, and features free Wi-Fi and a bar. Other good options for your budget-friendly stay include Kex Hostel Reykjavík and Hostel B47.
How many cheap hotels should I expect to find in Reykjavik?
Expedia has 13 hotels in Reykjavik that are ideal if you are watching your pennies.
When is the best time for a budget trip to Reykjavik?
Weather is probably a major factor when you plan your trip to Reykjavik, but bear in mind that cheaper options are usually available when the weather isn’t as good. The hottest months are usually July and August, with an average temperature of 10°C, while the coldest months are December and January, with an average of 0°C. Average annual precipitation for Reykjavik is 1281 mm.
What is there to see and do in Reykjavik?
Reykjavik attracts visitors with its top museums and abundant cafes, and offers plenty to see and do without spending a fortune. You can budget for the top local attractions that interest you most, such as Reykjavik Harbour, and then look for sights and activities that cost little or nothing at all. If you’re looking to enjoy the area’s natural beauty, you can get outdoors at Reykjavik Pond, Nautholsvik Geothermal Beach or Oskjuhlid Hill.
How can I get to Reykjavik and get around on a budget?
Scoping out the transportation options in Reykjavik is a smart way to keep your trip affordable. The nearest airport is 1.2 mi (2 km) from the centre in Reykjavik (RKV-Reykjavik Domestic). However, if that doesn’t suit your budget, you can look into flights to Keflavik International Airport (KEF), which is 23.2 mi (37.3 km) away. Reykjavik might not have many public transport choices so renting a car could be a reasonable alternative to see more of the area.