Hostels in Reykjavik

Book a private room or dorm bed for the cheapest price in Reykjavik

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Prices may change – pop in your dates for the best estimate. Note that prices are based on previous traveller searches and partner prices.
Prices may change – pop in your dates for the best estimate. Note that prices are based on previous traveller searches and partner prices.
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Fast facts

Sleep easy, armed with the stuff that's good to know before you go.
Cheapest monthJanuary
Most expensive monthAugust
Top rated by travellersRefurinn Reykjavik Guesthouse, $239
Cheapest bed foundKEX Reykjavík, $104

Finding cheap hotels in Reykjavik: FAQs

According to our pricing calendar data, you can bag the cheapest bed in January.

No! Hostels are a great option for anyone looking for a budget stay. These days, hostels in Reykjavik are full of digital nomads and holidaymakers of all ages.

Yes. Party hostels and youth hostels with 20-person dorms do still exist in most cities, but so do ultra-modern boutique hostels with plenty of private rooms, cosy bars, and even swimming pools. These kinds of hostels are popular with solo travellers over 30.

Since you’ll be surrounded by other likeminded travellers, hostels are always the safest (and most sociable!) places to stay in Reykjavik. You’ll meet new friends to go out with, share tips and advice on how to get around and find out if there are any unsafe places to avoid.

Most major Reykjavik hostels even have female-only dorms. And if you’re worried about your belongings, don’t be — you can lock them away in a padlocked locker or safe while you’re out exploring.

Yes! Hostels in Reykjavik generally tend to be the most budget-friendly option in Reykjavik. Not only can you bag a bed for as little as $104 per night, you can cook your own food in the hostel kitchen.

Other backpackers rated Hostel B47, Nordic Hostel and KEX Reykjavík as the best central Reykjavik hostels for value, cleanliness and comfort.