Find Cheap Hostels in Reykjavik

By staying at a hostel you can spend less on lodging and set aside more of your trip funds for sightseeing during your trip. You can check out the museums and other cultural highlights in this destination, as well as activities like shopping.

No two hostels look exactly alike, but these dorm-style accommodations all have shared rooms (though many have private options too), low prices, and a social setting.

Ready to book a hostel in town? These options get the highest reviews from our travelers and could be a good place to start: Kex Hostel Reykjavík - Located within a 5-minute walk of Laugavegur. You can take advantage of free WiFi and a restaurant, as well as a bar. Rooms come with hair dryers and bed sheets. Loft HI Hostel - Located within a 5-minute walk of Laugavegur. Property features include free WiFi, a bar, and a rooftop terrace. Rooms come with showers. Bus Hostel Reykjavik - Located within a 20-minute walk of Laugavegur and Hallgrimskirkja. Guests can enjoy free WiFi, free parking, and a bar. You’ll find towels, showers, and bed sheets in all rooms. Guesthouse Pávi - Located within a 5-minute walk of Laugavegur. You can take advantage of free WiFi at this property. You’ll find towels, showers, and bed sheets in all rooms. Lækur Hostel - Located within a 20-minute walk of Laugavegur. Guests can enjoy free WiFi, free parking, and a restaurant. Rooms come with showers.

If you’re in the market for a low-cost place to stay in Reykjavik, one of Expedia’s 15 hostels might be a great choice.

The weather is important when you’re experiencing new places, so here’s a little information about the seasons: The hottest months are usually July and August with an average temp of 50°F, while the coldest months are January and February with an average of 33°F. Average annual precipitation for Reykjavik is 32 inches.

Overall, Reykjavik is known for its local tours, museums, and cafés. Major attractions include Reykjavik City Hall, Reykjavik Harbour, and Hallgrimskirkja. Get out into nature with places like Nautholsvik Geothermal Beach, Reykjavik Pond, and Oskjuhlid Hill. Cultural attractions include Harpa, National Museum of Iceland, and Reykjavik City Museum.

Keep this information about transit options in Reykjavik in your back pocket to make the most of your stay: You can fly into the closest airport, which is Keflavik International Airport (KEF), located 23.2 mi (37.3 km) from the city center. Another option is Reykjavik (RKV-Reykjavik Domestic), situated 1.2 mi (2 km) away.