The Best Cheap Hotels in Kópavogur from ￥15,187 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 long, narrow hallway with white walls, a fire extinguisher mounted on the left wall, and a door at the end.

A modern interior with a wooden slat wall, a dining area with chairs and a table, and a light switch on the wall.

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.

￥22,317

￥33,739 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

￥11,412

￥15,231 total

includes taxes & fees

Nov 2 - Nov 3

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

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

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

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

3. Hotel Von

Downtown Reykjavik

Paulo

￥20,815

￥24,617 total

includes taxes & fees

Nov 2 - Nov 3

4. KEX Hotel and Hostel Reykjavik

Downtown Reykjavik

Alex

￥15,746

￥18,510 total

includes taxes & fees

Oct 27 - Oct 28

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

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

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.

5. Hostel Fjordur

Hafnarfjörður

Kanchan

￥11,831

￥14,325 total

includes taxes & fees

Nov 26 - Nov 27

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 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.

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

6. Old Town Reykjavik

Downtown Reykjavik

Tatiana

￥10,501

￥12,700 total

includes taxes & fees

Nov 23 - Nov 24

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

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

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

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

7. Hostel B47

Downtown Reykjavik

Thomas

￥13,209

￥15,693 total

includes taxes & fees

Nov 18 - Nov 19

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

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

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

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

8. Refurinn Reykjavik Guesthouse - Hostel

Vesturbær

Justina

￥13,304

￥15,800 total

includes taxes & fees

Nov 18 - Nov 19

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Top Kópavogur Hotel Reviews

Reykjavik Residence Apartment Hotel

10/10 Excellent

"Loved this apartment hotel. So central and room was great. Highly reccommend"

Reykjavik Marina - Berjaya Iceland Hotels

10/10 Excellent

"Lovely hotel by the old harbour. Perfect for our week in Reykjavik with easy access to the golden circle and more"

Fosshotel Reykjavik

10/10 Excellent

"clean room, good restaurant, easy parking close by"

Miðgarður by Center Hotels

10/10 Excellent

"Everything was fabulous"

Center Hotels Plaza

10/10 Excellent

"Lovely hotel. We arrived on a Saturday and were pleasantly surprised that our room was ready a couple of hours before check-in, which was greatly appreciated after traveling. We stayed in Room 808 (an executive room,) which was clean, comfortable, and appeared to have been refreshed recently. One unique feature was the shared balcony on the 8th floor, where we were lucky enough to see the Northern Lights one evening. Access is through a door outside the guest rooms rather than directly from the room itself, which we actually preferred. Some rooms do have direct balcony access, so if you use the shared space, just be mindful of noise and avoid standing directly in front of other guests' doors. The breakfast was quite good. There was a nice selection of coffee and tea, eggs, bacon, sausage, skyr, fresh fruit, assorted breads, and pastries, which gave us plenty of options before heading out for the day. The only issue we encountered was that a couple of days into our stay I noticed I had been charged the full cost of the room on my credit card even though I had prepaid through Hotels.com. When I mentioned it at the front desk, the staff quickly looked into it and processed a refund right away. Overall, we had a very pleasant stay. The room was clean, the staff was helpful, the breakfast was good, and the early check-in was a wonderful surprise. I'd happily stay here again and would recommend it to others visiting Iceland."

Icelandic Apartments by Heimaleiga

10/10 Excellent

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

Hótel Ísland Comfort

10/10 Excellent

"Good."

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