The Best Cheap Hotels in Kópavogur from ￥16,028 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 multi-story building with 'Iceland Comfort Apartments' signage, a Subway restaurant, and a parking lot with cars.

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 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.

￥22,478

￥33,983 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 modern kitchen with wooden cabinets, a black sink, and a microwave.

A parking lot with several cars and a building with multiple windows.

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

2. Bus Hostel Reykjavik

Hlíðar

Deborah

￥14,681

￥17,660 total

includes taxes & fees

Nov 4 - Nov 5

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

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.

A modern interior with a large window, a potted plant, and leather seating.

3. Hotel Von

Downtown Reykjavik

Paulo

￥21,084

￥24,917 total

includes taxes & fees

Nov 2 - Nov 3

4. KEX Hotel and Hostel Reykjavik

Downtown Reykjavik

Alex

￥15,808

￥18,582 total

includes taxes & fees

Nov 10 - Nov 11

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 hallway with a mirror, a door with emergency exit signs, and a fire extinguisher.

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

5. Hostel Fjordur

Hafnarfjörður

Kanchan

￥11,909

￥14,418 total

includes taxes & fees

Nov 13 - Nov 14

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

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

A multi-story building with a yellow facade, white trim, and a central entrance.

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

￥11,295

￥13,572 total

includes taxes & fees

Nov 10 - Nov 11

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

A modern interior with large windows, red upholstered chairs, a round table, and a radiator.

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

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

7. Hostel B47

Downtown Reykjavik

Thomas

￥14,250

￥16,856 total

includes taxes & fees

Nov 13 - Nov 14

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

A wooden deck with a metal railing, overlooking a street with buildings and a mountain in the background.

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

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

8. Refurinn Reykjavik Guesthouse - Hostel

Vesturbær

Justina

￥17,640

￥20,615 total

includes taxes & fees

Oct 27 - Oct 28

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Top Kópavogur Hotel Reviews

Reykjavik Residence Apartment Hotel

8/10 Good

"Great location in central Reykjavik for amenities. A bit of a walk from reception to whichever building you are in. No drama. Rooms well equipped and comfortable. All you need."

Alva Hotel Brautarholt

10/10 Excellent

"Location is 10 minute walk from the center. There is new staff no check-in that was surprising at first. Otherwise a clean safe enjoyable stay . Bed was very comfortable."

Hotel Reykjavík Grand

8/10 Good

"Need a USB plug in to charge our phones"

Center Hotels Plaza

10/10 Excellent

"Excellent location and very helpful staff."

Icelandic Apartments by Heimaleiga

10/10 Excellent

"It was super easy to get to and the perfect place to stay at if you want to go to downtown reykjavik"

Hótel Ísland Comfort

8/10 Good

"The room was very clean and bed was comfortable. Only issue was how close to the highway it was. A little noisy but I was able to sleep ok. Staff was very nice and helpful."

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