Hotels in Iceland

You can always cancel or amend your hotel reservation if you need to, but look out for hotels in Iceland with free cancellation or flexible booking options if you want to protect your money. Some hotels allow you to cancel and get your money back if your plans change.

Of course - the cheapest hotel deal we found within the next seven days is $140 per night. If you need somewhere in the next 24 hours, we've found you somewhere to stay for $181 per night.

The average price of a hotel during the week is $805 per night, and the average price on weekends is $831. Overall, it looks like the cheapest day to stay in Iceland could be Tuesday.

We crunched some numbers on our calendar and found that Tuesday is the cheapest day to stay in Iceland. And the most expensive day seems to be Saturday.

The average price of a 3-star hotel in Iceland is currently around $615 per night. And the cheapest 3-star hotel we found is $259 per night.

The average price of a 4-star hotel in Iceland is currently around $866 per night. And the cheapest 4-star hotel we found is $295 per night.

The average price of a 5-star hotel in Iceland is currently around $2,398 per night. And the cheapest 5-star hotel we found is $1,542 per night.

The cheapest month to stay in a hotel in Iceland is May, with an average price of $747 per night. The most expensive month is August, when the average room rate can rise to $1,960 per night. These average prices are based on all the hotels we found – from hostels through to fancy 5-star hotels.

The average price of a hotel in May is $747 per night, which is around 45% lower than the rest of the year.