Budget-friendly hotels in Reykjavik, Iceland (December 2025)
Reykjavik offers a range of budget-friendly hostels and motels ideal for solo travelers, with easy access to historical sites like the National Museum of Iceland and the old harbor area. The city is compact, making it convenient to explore Viking history and local culture on foot or by short public transport rides.
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Kex Hostel
"This hostel offers budget-friendly accommodation in the heart of Reykjavik, just 250 meters from the main shopping street, making it ideal for travelers looking to explore the city affordably. It features free Wi-Fi, a communal kitchen, and a buffet breakfast, enhancing convenience and value for money. "
7.9
Good (4678 reviews)
/ per night
Available from:Dec 1-5
Dalur - HI Eco Hostel
"This hostel is a budget-friendly option located just 3.5 km from Reykjavik city centre, offering free private parking and free WiFi which are great for cost-conscious travelers. It also features communal kitchens and a family-friendly coffee house, making it ideal for those looking to save on meals while enjoying a social atmosphere. "
8.1
Very Good (2637 reviews)
/ per night
Available from:Dec 1-5