A cityscape with a prominent church, a body of water, and snow-capped mountains in the background.

Find Cheap Hotels in Downtown Reykjavik

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Check availability on Downtown Reykjavik Cheap Hotels

Next weekend
Oct 2 - Oct 4
In two weeks
Oct 9 - Oct 11

Our top choices for Downtown Reykjavik cheap hotels

A modern hotel lobby with a reception desk, wooden stools, and a wall art installation.

1. Hotel Fron

Hotel Fron
3.0 star property
Downtown Reykjavik
8.8 out of 10, Excellent, (1,097 reviews)
"Great location, clean room and nice breakfast"
United States
Bozena
The price is ￥22,989
￥26,546 total
includes taxes & fees
Oct 8 - Oct 9
Hotel Fron
A hot tub with two people in it, surrounded by wooden decking and plants.

2. CityHub Reykjavik

CityHub Reykjavik
2.0 star property
Downtown Reykjavik
9.2 out of 10, Wonderful, (679 reviews)
"Clean, great location. It was perfect place to stay!"
Canada
Oksana
The price is ￥13,724
￥16,429 total
includes taxes & fees
Oct 26 - Oct 27
CityHub Reykjavik
A modern living room with a fireplace, a sofa, two potted plants, and a large painting on the wall.

3. Hotel Odinsve

Hotel Odinsve
4.0 star property
Downtown Reykjavik
8.8 out of 10, Excellent, (1,003 reviews)
"Excellent central location. Spotlessly clean. Very comfy beds."
Australia
Elizabeth
The price is ￥28,128
￥32,250 total
includes taxes & fees
Oct 19 - Oct 20
Hotel Odinsve
A hotel room with a wooden floor, a bed with a white duvet, a desk with a lamp, a chair, a TV, and a door leading to a bathroom with a shower curtain.

4. 100 Iceland Hotel

100 Iceland Hotel
3.5 star property
Downtown Reykjavik
7.4 out of 10, Good, (420 reviews)
"Very convenient location!"
Canada
Rick
The price is ￥17,930
￥20,939 total
includes taxes & fees
Oct 14 - Oct 15
100 Iceland Hotel
A buffet with various food items including sliced meat, vegetables, and cheese.

5. Skuggi Hotel by Keahotels

Skuggi Hotel by Keahotels
3.0 star property
Downtown Reykjavik
9.2 out of 10, Wonderful, (1,002 reviews)
"near the tourist attractions, we love it"
United States
Berta Lidia
The price is ￥27,763
￥31,845 total
includes taxes & fees
Oct 20 - Oct 21
Skuggi Hotel by Keahotels
A modern hotel room with a large bed, a desk, a TV, and a view of the cityscape through large windows.

6. City Center Hotel

City Center Hotel
3.0 star property
Downtown Reykjavik
9.2 out of 10, Wonderful, (801 reviews)
"The place is very clean and conveniently located."
United States
Jianning
The price is ￥23,046
￥27,008 total
includes taxes & fees
Oct 27 - Oct 28
City Center Hotel
A restaurant with wooden flooring, a bar area with bottles, and a view of the street.

7. Hotel Von

Hotel Von
3.5 star property
Downtown Reykjavik
9.4 out of 10, Exceptional, (1,001 reviews)
"Great location."
United States
Paul
The price is ￥26,120
￥30,040 total
includes taxes & fees
Oct 27 - Oct 28
Hotel Von
A neatly made double bed with a grey checkered blanket and pillows, two bedside lamps, and a window with sheer curtains.

8. The Swan House by Heimaleiga

The Swan House by Heimaleiga
3.5 star property
Downtown Reykjavik
9.2 out of 10, Wonderful, (694 reviews)
"I really enjoyed my stay here and think it is a perfect spot for a short trip or even an extended stay. Amazing location, spacious and comfortable room. Will absolutely stay here again"
United States
Nathan
The price is ￥18,862
￥32,846 total
includes taxes & fees
Oct 21 - Oct 22
The Swan House by Heimaleiga
A modern bedroom with a large bed, bedside tables, a desk, and a kitchen area.

9. Hotel Vera

Hotel Vera
3.0 star property
Downtown Reykjavik
8.6 out of 10, Excellent, (399 reviews)
"The best thing about this hotel is the location. It is walking distance to most of the top sites from Bus Stop 9."
United States
David
The price is ￥19,086
￥27,588 total
includes taxes & fees
Oct 19 - Oct 20
Hotel Vera
A modern bedroom with a bed, bedside tables, a TV, and a potted plant.

10. Day Dream Vesturgata 17

Day Dream Vesturgata 17
2.0 star property
Downtown Reykjavik
8.4 out of 10, Very good, (183 reviews)
"Room was clean. Breakfast was better than I expected."
Canada
Stephen
The price is ￥11,244
￥28,503 total
includes taxes & fees
Oct 12 - Oct 13
Day Dream Vesturgata 17
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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Price trends for hotels in Downtown Reykjavik

Less expensive
More expensive
Next month
April
August
￥37,479
Month
Price
January
￥31,722
February
￥32,976
March
￥33,505
April
￥30,386
May
￥34,413
June
￥44,563
July
￥60,238
August
￥73,953
September
￥47,550
October
￥37,479
November
￥32,122
December
￥35,034
Price trend information excludes taxes and fees and is based on base rates for a nightly stay for 2 adults found in the last 7 days on our site and averaged for commonly viewed hotels in Downtown Reykjavik.

Top Downtown Reykjavik Hotel Reviews

Center Hotels Arnarhvoll

Center Hotels Arnarhvoll

8/10 Good
"Hotel was good; liked the location and ample breakfast. would not recommend booking a room that's on the ground level. A bit of noise from the parking lot. And the view we expected was not forthcoming. Just a view of cars in the lot"
Cynthia 1-night trip
Posted 2 hours ago
Center Hotels Arnarhvoll

Frequently asked questions

What is Downtown Reykjavik like for travelers on a budget?
Downtown Reykjavik offers a variety of cheap accommodations and things to do, making it a great getaway spot for budget travelers. You can find ways to save money while getting to know this destination, which is home to attractions like Hallgrimskirkja, Reykjavik Pond, and Parliament House.
What's the best budget-friendly hotel in Downtown Reykjavik?
Based on reviews, Old Town Reykjavik is a popular hotel for our travelers in search of a less expensive place to stay and offers free WiFi. Other good options to stay on the cheap include KEX Hotel and Hostel Reykjavik and Hotel Von.
How many inexpensive hotels will I be able to find in Downtown Reykjavik?
Expedia has 8 hotels in Downtown Reykjavik that are ideal if you are watching your pennies.
What is there to see and do in Downtown Reykjavik?
You won't need to spend a lot to find places to visit in Downtown Reykjavik. 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. Enjoy the local natural beauty at Reykjavik Pond and Tjornin, or check out the area's cultural spots like Harpa.
How can I get to Downtown Reykjavik and get around on a budget?
Checking out these ways to get around Downtown Reykjavik can help keep you on budget. The closest airport is Reykjavik Domestic Airport (RKV), situated 0.9 mi (1.4 km) away. If that doesn't suit your budget, you can arrange flights in and out of Reykjavik–Keflavik Intl. Airport (KEF), which is 23.3 mi (37.4 km) away. Downtown Reykjavik may not have many public transportation choices so a rental car could be an economical alternative to see more of the area.

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