A modern glass building with a unique honeycomb pattern, a marina with boats, and a calm waterfront.

Cheap Hotels in Capital Region from $125

  • Upfront pricing

    Our total price for your stay includes taxes and fees

  • Treat yourself

    Save 10% or more on over 100,000 hotels worldwide with Member Prices
    Learn about One Key

  • Be picky

    Search almost a million properties worldwide

Top Cities in Capital Region

A modern glass building with a unique angular design.
HotelsHotels

Reykjavik

Reykjavik

Check availability on Capital Region Cheap Hotels

This weekend
Oct 9 - Oct 11
Next weekend
Oct 16 - Oct 18

Our top choices for Capital Region cheap hotels

A restaurant with wooden flooring, a bar area with bottles, and a view of the street.

1. Hotel Von

Hotel Von
3.5 star property
Downtown Reykjavik
9.4 out of 10, Exceptional, (1,000 reviews)
"Great location."
United States
Paul
$160 nightly
The price is $184
Oct 28 - Oct 29
Total with taxes and fees
Hotel Von
A modern interior with a green sofa, yellow armchairs, and a round coffee table.

2. 201 Hotel

201 Hotel
4.0 star property
Smárinn
8.6 out of 10, Excellent, (1,014 reviews)
"Very comfortable, enjoyed our stay!"
United States
Taressa
$107 nightly
The price is $125
Nov 4 - Nov 5
Total with taxes and fees
201 Hotel
A modern indoor pool area with glass walls and warm lighting.

3. Grandi by Center Hotels

Grandi by Center Hotels
4.0 star property
Vesturbær
9.4 out of 10, Exceptional, (1,660 reviews)
"great breakfast, very helpful staff"
United States
Monicq
$203 nightly
The price is $232
Nov 8 - Nov 9
Total with taxes and fees
Grandi by Center Hotels
A building entrance with a sign that reads "BARON."

4. Fosshotel Barón

Fosshotel Barón
3.0 star property
Downtown Reykjavik
8.6 out of 10, Excellent, (1,014 reviews)
"Walkable to main attractions/downtown."
United States
Jenina
$156 nightly
The price is $179
Oct 27 - Oct 28
Total with taxes and fees
Fosshotel Barón
A hotel room with a large window, a bed, and a view of a cityscape.

5. Exeter Hotel

Exeter Hotel
4.0 star property
Downtown Reykjavik
9.4 out of 10, Exceptional, (1,003 reviews)
"Very cute locations in the city, Loved the bakery and restaurant attached to the hotel."
United States
Amanda
$162 nightly
The price is $186
Oct 21 - Oct 22
Total with taxes and fees
Exeter Hotel
A hot tub with wooden railings, surrounded by lanterns and a scenic mural.

6. Alda Hotel Reykjavik

Alda Hotel Reykjavik
4.0 star property
Downtown Reykjavik
9.4 out of 10, Exceptional, (1,387 reviews)
"Perfect hotel!!"
Canada
Hada
$140 nightly
The price is $165
Nov 1 - Nov 2
Total with taxes and fees
Alda Hotel Reykjavik
A spacious indoor area with a long dining table, wicker chairs, and a mix of seating arrangements.

7. Hotel Reykjavík Grand

Hotel Reykjavík Grand
4.0 star property
Laugardalur
9.0 out of 10, Wonderful, (1,104 reviews)
"Good location, nice property, friendly staff"
United States
Matthew
$174 nightly
The price is $200
Nov 8 - Nov 9
Total with taxes and fees
Hotel Reykjavík Grand
A modern indoor pool with a concrete interior, two potted plants, and a staircase leading to a higher level.

8. Miðgarður by Center Hotels

Miðgarður by Center Hotels
4.0 star property
Tún
9.4 out of 10, Exceptional, (1,102 reviews)
"Excellent property in a great location."
United States
Kennedy
$251 nightly
The price is $285
Oct 21 - Oct 22
Total with taxes and fees
Miðgarður by Center Hotels
A terrace with outdoor seating, a view of the sea, and a building with large windows.

9. Center Hotels Arnarhvoll

Center Hotels Arnarhvoll
4.0 star property
Downtown Reykjavik
9.0 out of 10, Wonderful, (1,160 reviews)
"Great location."
United States
Mary
$225 nightly
The price is $256
Oct 19 - Oct 20
Total with taxes and fees
Center Hotels Arnarhvoll
A balcony with wooden furniture, a round table, and a view of a harbor with boats and mountains in the background.

10. The Reykjavik EDITION

The Reykjavik EDITION
5.0 star property
Downtown Reykjavik
9.4 out of 10, Exceptional, (699 reviews)
"The staff was amazing in every area. Beautiful rooms and bar!"
United States
Shannon
$446 nightly
The price is $501
Oct 31 - Nov 1
Total with taxes and fees
The Reykjavik EDITION
Lowest nightly price found within the past 24 hours based on a 1 night stay for 2 adults. Prices and availability subject to change. Additional terms may apply.
View all properties
Save an average of 15% on thousands of hotels when you're signed in
Sign in
Sign up, it's free

Top Capital Region Hotel Reviews

ASKA Heiðmörk

ASKA Heiðmörk

10/10 Excellent
"Quick stay here. We arrived late and left early. What we did experience was a clean room and as expected. Nothing flashy. Had a common kitchenette area with water and a microwave."
Troy 1-night trip
Posted 5 hours ago
ASKA Heiðmörk

Explore a world of travel with Expedia