Cheap Reykjavik Hotels

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Hotels in Reykjavik rated best by other travelers

Rated by travelers as the best in the city, these stays all get 5 stars for cleanliness, customer service and location.

Candlewood Suites Reykjavik by IHG

0.38 miles from city center

$245

Per night

Kvosin Downtown Hotel

0.53 miles from city center

$1,090

Per night

Old Charm Reykjavik Apartments

0.30 miles from city center

$377

Per night

Candlewood Suites Reykjavik by IHG

0.38 miles from city center

$245

Per night

Kvosin Downtown Hotel

0.53 miles from city center

$1,090

Per night

Old Charm Reykjavik Apartments

0.30 miles from city center

$377

Per night

Luxury stay or budget getaway?

Whether you're after 5-star comfort or ease on your wallet, we do the searching so you can sleep easy during your stay in Reykjavik.

Reykjavik: Getting around

Exploring the city

Most of Reykjavik's center is easy to walk, and local buses reach suburbs and nearby thermal pools. Taxis and tours are widely available.

Reykjavik airports

Keflavík International Airport (KEF) is about 31 miles away, roughly 45 minutes by car or Flybus shuttle.

Reykjavik car rental

Car rental is the best way to explore Iceland's Golden Circle, glaciers and waterfalls. Roads are smooth, but weather conditions can change quickly.

Reykjavik car rental from $96 per day

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Find a Reykjavik hotel in the heart of the action

Beat the lines at the top Reykjavik attractions by staying close to them.

Church of Hallgrímur

Harpa

Laugavegur

Church of Hallgrímur

Harpa

Laugavegur

Fast facts

Sleep easy, armed with the stuff that's good to know before you go.

Highest-rated hotel	Candlewood Suites Reykjavik by IHG – 4.9
Cheapest month to book	January
Average 4-star hotel price	$320 per night
Average 5-star hotel price	$951 per night

How to find the best hotel deals in Reykjavik

Want to use the same magic that powers our award-winning flight search to find the best room rates on the Internet? Here are a few tips to help you search and save in seconds.

Flexible on dates? Say hello to better rates

Fancy a break, but haven't decided on exact dates yet? Good! Use our calendar view to find the cheapest month or even day of the month to stay in Reykjavik.

Finding cheap hotels in Reykjavik: FAQs

What’s the weather like in Reykjavik?

In Reykjavik, the expected average temperature in May is 5°C. The warmest month is typically July, which averages 13°C. The coolest month is January, with temperatures averaging -3°C. The rainiest month is February, and the driest month is June.

Can I cancel or amend my hotel reservation last minute if I need to?

You can always cancel or amend your hotel reservation if you need to, but look out for hotels in Reykjavik 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.

Can I get a last-minute Reykjavik hotel deal?

Of course, the cheapest hotel deal we found within the next seven days is $64 per night. If you need somewhere in the next 24 hours, we've found you somewhere to stay for $65 per night.

Is it more expensive to stay in Reykjavik hotels on weekends?

The average price of a hotel during the week is $317 per night, and the average price on weekends is $340. Overall, it looks like the cheapest day to stay in Reykjavik could be Wednesday.

What airports are the closest to the center of Reykjavik?

The nearest airport to Reykjavik is Reykjavik Domestic Airport (RKV), which is 1.5km from the city center.

Other airports include:

Reykjavik Keflavik Airport, which is 37.4km from the city center.

What day is cheapest to stay in hotels in Reykjavik?

We crunched some numbers on our calendar and found that Wednesday is the cheapest day to stay in Reykjavik, and the most expensive day seems to be Saturday.

How much do 3-star hotels cost in Reykjavik?

The average price of a 3-star hotel in Reykjavik is currently around $245 per night, and the cheapest 3-star hotel we've found is $112 per night.

How much do 4-star hotels cost in Reykjavik?

The average price of a 4-star hotel in Reykjavik is currently around $361 per night, and the cheapest 4-star hotel we've found is $140 per night.

How much do 5-star luxury hotels cost in Reykjavik?

The average price of a 5-star hotel in Reykjavik is currently around $1,347 per night, and the cheapest 5-star hotel we've found is $745 per night.

When is the best time to stay in a hotel in Reykjavik?

The cheapest month to stay in a hotel in Reykjavik is May, with an average price of $261 per night. The most expensive month is August, when the average room rate can be up to $724 per night. These average prices are based on all the hotels we found – from hostels to fancy 5-star hotels.