The Best Cheap Hotels in Kópavogur from ￥16,604 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 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.

￥22,519

￥34,045 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 modern lounge area with seating arrangements, a wooden table, and a large window with a view of the outside.

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

2. Bus Hostel Reykjavik

Hlíðar

Deborah

￥16,249

￥21,656 total

includes taxes & fees

Nov 3 - Nov 4

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

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

3. Hotel Von

Downtown Reykjavik

Paulo

￥21,033

￥24,858 total

includes taxes & fees

Nov 2 - Nov 3

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.

4. Hostel Fjordur

Hafnarfjörður

Kanchan

￥11,906

￥14,413 total

includes taxes & fees

Nov 12 - Nov 13

5. KEX Hotel and Hostel Reykjavik

Downtown Reykjavik

Alex

￥15,750

￥18,518 total

includes taxes & fees

Oct 14 - Oct 15

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

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.

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

6. Old Town Reykjavik

Downtown Reykjavik

Tatiana

￥11,318

￥13,599 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 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.

7. Refurinn Reykjavik Guesthouse - Hostel

Vesturbær

Justina

￥17,674

￥20,654 total

includes taxes & fees

Oct 26 - Oct 27

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

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

8. Hostel B47

Downtown Reykjavik

Thomas

￥15,202

￥17,911 total

includes taxes & fees

Oct 15 - Oct 16

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Top Kópavogur Hotel Reviews

Hotel Reykjavík Grand

8/10 Good

"Need a USB plug in to charge our phones"

Alva Hotel Brautarholt

8/10 Good

"This is our second stay at Alva, but first time at this new location. The beds weren’t very comfortable, but functional. Overall it is very minimalist which probably helps keep cost down but no extra bells and whistles. Also, the breakfast option IS NOT worth it. Go find breakfast in reykjavik."

Fosshotel Reykjavik

10/10 Excellent

"Breakfast was excellent, staff very helpful, located close to restaurants."

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