The Best Cheap Hotels in Golden Circle from $144 in 2026

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Our top choices for Golden Circle cheap hotels

Frost and Fire Boutique Hotel

Hveragerdi

Kath

$188 nightly

Dec 16 - Dec 17

Total with taxes and fees

Daily continental breakfast (EUR 18.70 per person)

Hotel Laxnes

Mosfellsbær

Mike

$121 nightly

Dec 16 - Dec 17

Total with taxes and fees

ION Adventure Hotel, Nesjavellir, a Member of Design Hotels

Selfoss

Jocelyn

$335 nightly

Dec 15 - Dec 16

Total with taxes and fees

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Find out more about Golden Circle

Discover cheap things to do in Golden Circle

For budget-conscious travelers exploring the Golden Circle in Iceland, the region offers a wealth of affordable activities and stunning sights. Start your journey at Thingvellir National Park, where you can wander through ancient tectonic plates and marvel at the breathtaking landscapes for free. A short drive away, the Geysir Geothermal Area provides a thrilling spectacle of bubbling mud pots and the impressive Strokkur geyser, which erupts every few minutes—perfect for memorable photos without any cost. Don't miss the majestic Gullfoss waterfall, where you can hike the nearby trails to get a closer view of its powerful cascades, all while soaking in the natural beauty at no charge. For something unique, visit the Secret Lagoon in Flúðir, a natural hot spring that is more affordable than the more famous Blue Lagoon, providing a relaxing soak surrounded by nature. When it comes to food, local gas stations often serve hearty Icelandic lamb soup and sandwiches at budget prices, giving you a taste of Icelandic cuisine without breaking the bank. Consider staying in the charming town of Selfoss, where several budget-friendly hotels offer cozy accommodations and easy access to the Golden Circle's attractions, ensuring you can expertly balance comfort and cost during your Icelandic adventure.

How can I get cheap hotels in Golden Circle?

Best tips to find a cheap hotel in Golden Circle

If you're looking to travel to Golden Circle on a budget, you'll be happy to know that you can find hotels for as low as $144. Of course, that price is affected by amenities, star rating, and even the time of year you visit. At most, hotel prices can be as high as $379. Staying a short amount of time in Golden Circle is an effective way to reduce hotel costs.
When you cut your vacation down to just a few days, you don't have to worry as much about hotel prices since you don't have that many nights to stay. For budget hotels in Golden Circle, 3 to 4 days should be all the nights you need. That's generally enough to enjoy the city's top attractions, though there's certainly enough to do to warrant a week-long trip.
When booking cheap hotel rooms in Golden Circle, it's typically best to book about 3 weeks in advance. Book further in advance than that and you could be paying too much for your room, as hotels will often overestimate future demand. However, if you wait too long, you might find that the hotel has been completely booked.
When you utilize search filters on Expedia, you'll be able to narrow down your results in a flash. These search filters cover a wide variety of factors you may be interested in when it comes to finding a cheap hotel in Golden Circle, including amenities such as Free Breakfast, 2-star rating, or proximity to local attractions. You can even set filters for price limits to ensure that all the displayed results are within your budget.

Top Golden Circle Hotel Reviews

Fosshotel Reykjavik

10/10 Excellent

"Very efficient check in/check out, amazing facilities, very high standard of cleanliness and super eco friendly approach. Staff were also so friendly and happy to help"

Alda Hotel Reykjavik

10/10 Excellent

"The room had a really nice cosy feel to it and felt spacious. We loved the balcony from which we saw the Northern lights. The bathroom had a good shower and lovely L'Occitane toiletries. Staff on reception were super friendly and helpful. The highlight for us was the breakfast which had plenty of choice and delicious coffee and sourdough which we have not stopped talking about! The Starbucks was handy in reception. We only saw afterwards that we would have got a discount by showing our room key - would have been good if this was notified to us on arrival. Location fantastic - close to bus stops for the airport and tours and walkable to everything. We didn't find it noisy as on the quieter end of the main street. The only downside was the bed - the mattress was pretty lumpy and hard and could have done with being replaced. "

Center Hotels Arnarhvoll

10/10 Excellent

"Clean, warm, comfortable room. In fact, so warm we had to open windows, even after turning the heating down. The view was superb, probably the best in Reykjavik. The only constructive criticism might be that there was nowhere to hang clothes, but there was ample space to leave both suitcases open, so not a big deal."