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Best Budget Accommodations in Reykjavík

By: Cityseeker
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Grand Hotel Reykjavík

The Grand Hotel is a relatively new building, located in the Laugardalur area of Reykjavík. It takes around 20-30 minutes to walk to the city centre. The distance to the Kringlan shopping centre is similar. It is within short walking distance of Reykjavík's most prominent sporting facilities. Furthermore, the museum honouring Ásmundur Sveinsson, the late sculptor, is next door. Equally close is a newly-established art gallery, Listhúsið, which accommodates several artists. Reykjavík's scenic coastline is just a few minutes away on foot. The modern and very spacious hotel has large, carpeted rooms with private baths and showers, as well as most facilities you normally find in hotels of this category. All the rooms were renovated in 1995. A very good choice for those wanting to be able to have easy access to the life of the city centre, without being in the middle of it all the time.

Reykjavík, Iceland
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Hotel Reykjavík

Hotel Reykjavik is a well furnished establishment, a stone's throw from Kjarvalsstadir Reykjavik Municipal Art Museum. The rooms boast of the latest amenities, and don't appear too cluttered. A shopping area is but a minute away, so you can knock yourself out and then return to this comfortable haven. If you're famished, walk into Raudara - the hotel's steakhouse - for succulent rares. Children under 12 stay free (provided they are accompanied by their parents).

Reykjavík, Iceland
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Lykilhótel Cabin

Lykilhótel Cabin is a new purpose built hotel, opened in 1997. Without the luxury of more expensive hotels, Lykilhótel Cabin is a comfortable place to stay, modernly decorated with spacious common facilities, but rather small rooms. The view over Reykjavík bay is beautiful, but the distance from the city centre doesn't make it a perfect choice for those wanting to be able to explore the city on foot. A comfortable, modern and reasonably priced hotel for today's traveller.

Reykjavík, Iceland
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Fosshotel Baron

Fosshotel Baron belongs to the Fosshotel chain and rests by the pristine waters of the Atlantic. An interesting feature is the options they offer in accommodation - single rooms, double rooms, studio apartments, and opulent guestrooms designed in period decor. The conveniently located property offers modish in-room and hotel comforts, including a kitchenette found in some of its living spaces. For breakfast, guests can indulge in a lavish fare of freshly baked breads, waffles and seafood delights. Nearby attractions include the Blue Lagoon spa and the Gullfoss waterfall.

Reykjavík, Iceland
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Forsaela Apartmenthouse

Apartmenthouse Forsaela is a good choice if you're looking to explore the local Reykjavik culture. Its location in the traditional and quiet residential area near Laugavegur makes it a good spot to get a glimpse of the local everyday activity. You are presented with a choice of a well-furnished house with three bedrooms, eight beds and charming old-style dining area. If you're a slightly smaller group, then the apartments that can accommodate about 2-4 persons are recommended. Although fully equipped to suit all your needs, the only condition is that rooms can be booked for a minimum stay of three days. In addition, warm and cozy double or triple rooms in typical bed-and-breakfast style can be rented out. To top it all, it is perfectly located amidst restaurants, art galleries and museums.

Reykjavík, Iceland
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Hótel Loftleiðir

Hótel Loftleiðir is located near Reykjavík's domestic airport, and the central bus station (for trips to the country) is within walking distance. The hotel is close to Reykjavík's most beautiful outdoor areas, Öskjuhlíð, where one can enjoy a relaxed walk along forest paths, and Nauthólsvík, Reykjavík's sunbathing beach. The hotel is an extremely good conference hotel, with all the newest equipment and facilities, as well as experienced staff in that respect. 14 conference rooms of all sizes for up to 400 participants, as well as an auditorium with a cinema for 110. The rooms are technically advanced, with all the newest equipment, internet connection etc. There are also banqueting facilities, with capacity for up to 450 (seating) or 650 (standing cocktail buffets) Being part of the Icelandair group, Hótel Loftleiðir is well connected to the international airport.

Reykjavík, Iceland
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Guesthouse Aurora

Located in the calm Thingholt neighbourhood, this family-owned guest house is in Reykjavik is just 450 metres from the shopping Laugavegur Street. Harpa Concert Hall and Conference Centre is 1.2 km away. There is free WiFi, a communal kitchen and free laundry facilities. The basic rooms at Guesthouse Aurora all have a wash basin. Some have a private bathroom, while others have access to shared bathroom facilities. A daily continental breakfast is served. Staff at Aurora Guesthouse will happily assist with tour planning, airport shuttles, activities and restaurant recommendations in the area. Restaurants, bars and shopping are within walking distance. Hallgrimskirkja Church and Einar Jonsson Sculpture Museum are both within a 5-minute walk, while Reykjavik harbour with whale watching tours is 1.5 km away. Free public parking is possible nearby.

Reykjavík, Iceland
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Hotel Fron

Located in the center of Reykjavik, this hotel spreads over four floors. Guests can choose from single rooms, double rooms, studio apartments and larger apartments. Kitchen facilities are available in all apartments. The National theater, art gallery's and an array of good restaurants are quite close by.

Reykjavík, Iceland
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Hótel Skjaldbreið

Named after an almost perfectly symmetrical mountain close to Þingvellir, Hótel Skjaldbreið is a new hotel in an old and distinguished building in Laugarvegur. The hotel's location makes it an ideal dwelling place for those who want to be able to enjoy Reykjavík on foot. It is close to the city centre and extremely strategic if one wants to go shopping on Reykjavík's main shopping street. The house itself is a beautiful old three storey building with great charm. The lobby and the bar are not spacious, but they are homely, and the service is personal and friendly in this family-run establishment. The rooms are pleasantly decorated, without being luxurious.

Reykjavík, Iceland
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Metropolitan Hotel

Metropolitan, formerly known as Icelandic City Hotel, is just off central plaza. Its good location makes it easy to reach all parts of the city. Recently redone, this small hotel offers good 3 star accommodation. Comfort, price, and service all go hand in hand. The staff is multilingual. Room rates change per season.

Reykjavík, Iceland
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Radisson SAS Saga Hotel

Radisson SAS Saga Hotel is a luxury hotel with most of the facilities required by the modern traveler. The hotel's common areas are extremely spacious and modernly designed. The rooms are well-equipped with classic furniture. The hotel has two very good restaurants, several bars and a ballroom offering live entertainment at weekends. The Astra bar gives a panoramic view of Reykjavík and its surroundings. Hótel Saga's location is convenient, within walking distance of the city center, Reykjavík airport, the National museum, National library, the Nordic house and the University of Iceland.

Reykjavík, Iceland
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Hotel Viking

This Viking-themed hotel is housed in the same building as the West Nordic Culture House, in the seaside town of Hafnarfjordur. Parking, WiFi and access to a sauna and hot tub are all free. Décor and furnishings in Hotel Viking’s guest rooms are inspired from Iceland’s history and culture. Satellite TV and a coffee/tea maker are found in each room. Some also offer sea and harbour views. Traditional, regional cuisine is served in the cosy Valhalla Restaurant. An old-fashioned Viking feast can be enjoyed in Viking Restaurant. Hotel Viking also offers a cold, Icelandic breakfast. The Keflavik International Airport shuttle bus stops directly in front of Viking Hotel. Reykjavik’s city centre, 10 km away, can be reached in less than 15 minutes by bus.

Hafnarfjörður, Iceland
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