Cheapest hostels in Reykjavík

Located in Reykjavík's Laugardalur district, this hostel is a short distance from the city's central attractions, nestled in a geothermal area near a hidden stream.
This budget-friendly hostel offers private rooms for up to four guests, featuring a double and bunk bed, with shared access to a kitchen, lounge, and garden, providing an affordable option for families and friends.

Just a 19-minute walk from Nauthólsvík Geothermal Beach and Laugavegur Shopping Street, SM Hostel in Reykjavík offers a budget-friendly stay conveniently located 2.4 kilometres from Solfar Sun Voyager.
This hostel provides a shared kitchen, garden, and free WiFi, making it an affordable option for exploring Reykjavík's attractions like The Pearl and Hallgrímskirkja Church.

Located in Reykjavík, this hostel offers quiet street views and is conveniently situated 1.8 kilometres from the Imagine Peace Tower and 2.1 kilometres from the Solfar Sun Voyager.
This budget-friendly hostel provides a shared kitchen, free WiFi, and on-site restaurant and bar facilities, making it an affordable choice for exploring the city.

Ideally located in Reykjavík's Vesturbær district, this hostel is just 500 metres from Reykjavik Old Harbour and 1.7 kilometres from Hallgrímskirkja Church, offering a budget-friendly base for exploring the city.
Guests can enjoy a shared kitchen with a fridge and microwave, free WiFi throughout, and convenient luggage storage, making it an affordable option for travellers.

Hostel with an excellent rating of 85% based on 4143 reviews. Your accommodation will be located in Reykjavik.
Facilities and services: air conditioning, a fridge and an access for persons with reduced mobility.

Conveniently located 1.9 kilometres from Nauthólsvík Geothermal Beach and Reykjavík Domestic Airport, this budget-friendly hostel offers easy access to The Pearl, Hallgrímskirkja Church, and Reykjavik Art Museum: Kjarvalsstadir.
This hostel boasts a shared kitchen, a terrace, a bar, and offers opportunities for skiing, making it an affordable choice for exploring Reykjavík.

Conveniently located 2.7 kilometres from Laugavegur, Reykjavik's main shopping street, and 2.2 kilometres from Laugardalur Swimming Pool, B14 Hostel offers a budget-friendly base for exploring the city.
This hostel provides guests with free WiFi and parking, a communal kitchen equipped with a fridge, microwave oven, and dishwasher, and is within easy walking distance of shops, restaurants, and bars.

Just 500 meters from Hallgrímskirkja Church, Hostel B47 offers a budget-friendly stay in Reykjavík, with the Solfar Sun Voyager sculpture a 12-minute walk away and the city centre only 800 meters distant.
This hostel boasts a swimming pool and spa facilities, alongside free WiFi and private parking, making it an affordable and convenient base for exploring popular attractions like the Harpa Concert Hall.

Conveniently located just 800 metres from Reykjavík's city centre, this budget-friendly hostel offers easy access to Hallgrímskirkja Church and the Solfar Sun Voyager.
Guests can enjoy a shared kitchen, garden, bar, and restaurant, with free WiFi available throughout the property, making it an affordable choice for exploring the city.

Just 500 meters from Hallgrímskirkja Church, this private room in a hostel offers a prime central Reykjavík location, only a 5-minute walk to both Hlemmur and BSI bus stations, making it an affordable base for exploring the city.
This budget-friendly accommodation provides a comfortable 160x200cm bed for two guests, free Wi-Fi, ample storage, and access to a well-equipped communal kitchen and tiled bathrooms for a hotel-like stay.

Conveniently located in the city centre, this hostel offers easy access to Reykjavik's main attractions, with the Hallgrímskirkja church just 1 kilometre away.
This budget-friendly hostel boasts private, app-controlled 'Hubs' with double beds, a communal kitchen with a microwave and dishwasher, and a bar, all managed by 24/7 'CityHosts' for local recommendations and magic wristband access for keyless entry and self-service tap beer.

Located in Reykjavik, this hostel is a short drive from Perlan and the University of Reykjavik, with Hallgrimskirkja and Laugavegur approximately 1.8 kilometres away, offering a budget-friendly base for exploring the city.
Guests can enjoy complimentary Wi-Fi, shared kitchen facilities, and an on-site bar, with a 24-hour airport shuttle available for an additional charge, making it a convenient choice for affordable travel.

Located in the Laugardalur district, this hostel is just 1 kilometre from Laugardalur Family Park and 2 kilometres from Central Reykjavík, with local bus stops only 100 metres away.
Offering individually decorated rooms, this budget-friendly hostel provides complimentary WiFi, a garden, and a lounge bar, making it an affordable choice for travellers seeking comfortable and convenient accommodation.

Just a short walk from Reykjavik's city centre, this hostel provides a convenient base for exploring the Icelandic capital.
This budget-friendly accommodation offers essential amenities including free Wi-Fi, a kitchen with a fridge and microwave, and a 24-hour reception, making it an affordable choice for travellers.

Perfectly situated in the heart of downtown Reykjavík, Loft - Hi Eco Hostel is just 500 meters from the main shopping street, Laugavegur, and a short walk to the Harpa Concert Hall and Hallgrímskirkja Church, offering an excellent base for exploring the city's attractions.
This budget-friendly hostel provides a rooftop terrace with city views, free WiFi, a bar, and hosts weekly social events, making it an ideal and affordable choice for travellers seeking a social and convenient stay.

Located in Reykjavik's downtown district, this hostel is a mere 4-minute walk from Laugavegur and 6 minutes from Hallgrimskirkja, offering a prime position for exploring the city.
This budget-friendly hostel provides excellent amenities including a shared kitchen, on-site cafe, and complimentary Wi-Fi, ensuring a comfortable and affordable stay with private rooms featuring refrigerators and microwaves.

Hostel rental with an excellent rating of 93% based on 1229 reviews. This accommodation is located in Reykjavik.
Facilities and services: a bar, a coffee place and a fridge.

Adjacent to the geothermally heated Laugardalslaug Swimming Pool, this eco-certified hostel is located 3.5 kilometres from Reykjavík's city centre.
Offering a budget-friendly stay, this hostel provides free WiFi, communal kitchens with microwaves and fridges, and on-site dining featuring organic and local meals, with a terrace bar and barbecue facilities perfect for exploring the local area.

Conveniently located in Reykjavik's Laugardalur district, this hostel is under a 5-minute drive from Laugavegur, the main shopping street, and the Laugardalslaug geothermal pool.
Offering free Wi-Fi and a shared kitchen, this budget-friendly hostel provides an affordable stay with easy access to local attractions.

Centrally located in Reykjavík, this budget-friendly hostel is just 7 minutes' walk from Reykjavik Art Museum: Kjarvalsstadir and approximately 2.4 kilometres from Nauthólsvík Geothermal Beach.
Guests can enjoy free WiFi, a shared kitchen with a fridge, microwave and dishwasher, and an on-site bar, making it an affordable choice for exploring the city.

Centrally located in Reykjavík, this hostel is just 250 meters from Laugavegur shopping street and 0.9 kilometres from Harpa Concert Hall.
This budget-friendly hostel offers a communal kitchen, on-site restaurant and bar, and a heated outdoor terrace, providing a great base for exploring the city affordably.

Just 200 meters from Reykjavík's prime restaurants, bars, shops, and art galleries on Hverfisgata, this hostel offers a budget-friendly stay in the city centre.
Discover luxurious shared spaces, a rooftop hot tub, and private sleeping pods with king-sized beds, all part of an innovative experience at this affordable Reykjavík hostel.

Located on Hverfisgata in Reykjavík's city centre, this hostel is within easy walking distance of numerous restaurants, bars, shops, and art galleries, offering a prime spot for exploring the capital.
This budget-friendly hostel provides comfortable 6 sqm sleeping pods for two guests, featuring a communal living room with a self-service beer bar and a rooftop hot tub for a traditional Icelandic spa experience.