The Best Cheap Hotels in Kópavogur from ￥15,733 in 2026

A coastal cityscape with a prominent church spire, a mountain range, and a clear blue sea.

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Our top choices for Kópavogur cheap hotels

A modern hotel room with a bed, bedside tables, a desk with chairs, a potted plant, and a door.

A compact kitchen with a microwave, a sink, and a wooden shelf. There is a clock on the wall and a plant on the counter.

A multi-story building with 'Iceland Comfort Apartments' signage, a Subway restaurant, and a parking lot with cars.

A long, narrow hallway with white walls, a fire extinguisher mounted on the left wall, and a door at the end.

1. Iceland Comfort Apartments Studio for 5

Digranes

"Not a bad place but not a great place.It was spacious, clean and with comfortable beds. Room has a huge wall of windows that have terrible curtains that are not wide enough to cover all the width of the room and therefore you will not be able to cover all the windows and get 100% of privacy.Plus the room is facing a street and other buildings across the street so you will be seen! That was my really the only complain."

Lukas K.

￥22,571

￥34,123 total

includes taxes & fees

Nov 2 - Nov 3

A modern bedroom with a black bed, a wooden floor, a fur rug, a bedside table with a vase, and a hanging light fixture.

A spacious indoor seating area with leather couches and chairs, large windows offering a view of the street outside.

A modern kitchen with wooden cabinets, a black sink, and a microwave.

A modern lounge area with seating arrangements, a wooden table, and a large window with a view of the outside.

2. Bus Hostel Reykjavik

Hlíðar

Deborah

￥11,481

￥14,114 total

includes taxes & fees

Oct 21 - Oct 22

A restaurant with wooden flooring, a bar area with bottles, and a view of the street.

A wine cellar with wooden shelves and a bench.

A storefront with a glass door, potted plants, and a sign for a restaurant.

A hotel room with a large bed, a TV, and a view of an outdoor seating area through a window.

3. Hotel Von

Downtown Reykjavik

Paulo

￥21,079

￥24,929 total

includes taxes & fees

Oct 28 - Oct 29

4. KEX Hotel and Hostel Reykjavik

Downtown Reykjavik

Alex

￥15,925

￥18,720 total

includes taxes & fees

Oct 22 - Oct 23

A building with multiple windows and a flat roof, under a night sky with green aurora lights.

A room with a door, a window, a black chair, an orange chair, a beige sofa, and a vase with dried flowers.

A compact kitchen with a white table and chairs, a microwave, a toaster, and a sink.

A room with a beige sofa, a glass coffee table, a black chair, and a small orange table.

5. Hostel Fjordur

Hafnarfjörður

Kanchan

￥11,986

￥14,511 total

includes taxes & fees

Nov 20 - Nov 21

A modern living room with a dark sofa, a round coffee table, and several potted plants.

A modern office space with a sofa, chairs, a table, and a large window.

A dining area with wooden tables and chairs, pendant lighting, and artwork on the walls.

A modern hotel room with a skylight, a bed, a bedside table with a lamp, a mirror, a sink, and a framed picture on the wall.

6. Old Town Reykjavik

Downtown Reykjavik

Tatiana

￥10,869

￥13,171 total

includes taxes & fees

Nov 18 - Nov 19

A building with multiple windows and a tower with a spire.

A staircase with a golden handrail, a large ornate mirror, and a painting on the wall.

A spacious room with large windows, a television, and a wall decorated with musical instruments.

A room with bunk beds, a desk, and a large window.

7. Hostel B47

Downtown Reykjavik

Thomas

￥13,380

￥15,896 total

includes taxes & fees

Nov 10 - Nov 11

A two-story house with a snow-covered roof and a white picket fence.

A staircase with white balusters and a white handrail, leading to a door with a brass doorknob.

A kitchen with a microwave, stove, and checkered backsplash.

A double bed with white bedding and black and white patterned pillows, a bedside table with a lamp, and a painting on the wall.

8. Refurinn Reykjavik Guesthouse - Hostel

Vesturbær

Justina

￥17,167

￥20,098 total

includes taxes & fees

Oct 25 - Oct 26

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Top Kópavogur Hotel Reviews

Reykjavik Marina - Berjaya Iceland Hotels

8/10 Good

"The proximity to downtown was great. The room although getting tired looking was clean. We found the staff both at check in and check out extremely accommodating. The one issue I had was breakfast was definitely not worth the price. The choice and quality was good but it was not worth 100.00 Canadian for two!"

Fosshotel Reykjavik

8/10 Good

"The furniture is outdated and room is very basic and relatively just call 3-3.5 stars hotel.However, location is convenient next to bus #12 which it helps for any tours you sign up."

Icelandic Apartments by Heimaleiga

10/10 Excellent

"It was a good place to stay with little hassle to check in or find"

Miðgarður by Center Hotels

8/10 Good

"The hotel, staff and breakfast were great but parking is a premium so make sure you download the Parka App before arriving so that you can easily pay for on-street parking"

Hótel Ísland Comfort

10/10 Excellent

"Good."

Alva Hotel Brautarholt

10/10 Excellent

"Great location, overall great experience"

Frequently asked questions

What is Kópavogur like for travelers on a budget?

Check out low cost places to stay in Kópavogur on Expedia.com and book a getaway that stays within your budget. Kópavogur is a destination that travelers visit for its major shopping area and fantastic dining options. You can scroll through a variety of hotels and other accommodations with Member Prices to find the best deal for you. With our site's convenient page filters, you can search by your price range, or by top amenities like free breakfast and free parking. Or, try refining your search with the location filters to see affordable options around local attractions, such as Sky Lagoon or Smaralind. As you browse, use the heart button to save your favorites so that you can come back to them when you're ready to decide. Need a car or a flight too? Take your pick of the vacation packages available under Bundle and Save and discover big savings when you reserve your transportation at the same time.

When is the best time for a budget trip to Kópavogur?

Weather will likely play an important role when you plan your trip to Kópavogur, and keep 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 temp of 50°F, while the coldest months are December and January with an average of 32°F. Average annual precipitation for Kópavogur is 50 inches.

What is there to see and do in Kópavogur?

Kópavogur attracts visitors with its major shopping area and fantastic dining options, 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. Check out the area's cultural spots like Salurinn Kopavogur Concert Hall and Kopavogur Art Museum, or hunt for bargains with some shopping at Smaralind.

How can I get to Kópavogur and get around on a budget?

Scoping out the transportation options in Kópavogur can help keep you on budget. The closest airport is 2.5 mi (4 km) away from the center in Reykjavik Domestic Airport (RKV). However, if that doesn't suit your budget, you can book a flight to Reykjavik–Keflavik Intl. Airport (KEF), located 23.6 mi (38 km) away. Kópavogur might not have many public transportation choices so a car rental could be a reasonable alternative to see more of the area.

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Our top choices for Kópavogur cheap hotels