Title: Iceland Cheap Hotels from $145 - Fully Refundable Options - Expedia.com

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![Vik I Myrdal featuring landscape views and tranquil scenes](https://images.trvl-media.com/place/6130429/70b4b1fd-f619-4931-8f25-d7ff84618a31.jpg?impolicy=fcrop&w=1200&h=500&q=medium)

![](https://images.trvl-media.com/place/6130429/70b4b1fd-f619-4931-8f25-d7ff84618a31.jpg?impolicy=fcrop&w=1200&h=500&q=medium)

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## Top Cities in Iceland

![Reykjavik](https://a.travel-assets.com/findyours-php/viewfinder/images/res70/128000/128369-Harpa.jpg?impolicy=fcrop&w=384&h=216&q=medium)

#### Reykjavik

[](https://expedia.com/Reykjavik-Hotels-Cheap-Hotels.0-0-d6054688-tCheapHotels.Travel-Guide-Filter-Hotels)

![Dyrholaey showing rocky coastline as well as a large group of people](https://a.travel-assets.com/findyours-php/viewfinder/images/res70/128000/128054-Vik-I-Myrdal.jpg?impolicy=fcrop&w=384&h=216&q=medium)

#### Vik I Myrdal

[](https://expedia.com/Vik-I-Myrdal-Hotels-Cheap-Hotels.0-0-d6130429-tCheapHotels.Travel-Guide-Filter-Hotels)

![Akureyri featuring a coastal town](https://a.travel-assets.com/findyours-php/viewfinder/images/res70/127000/127933-Akureyri.jpg?impolicy=fcrop&w=384&h=216&q=medium)

#### Akureyri

[](https://expedia.com/Akureyri-Hotels-Cheap-Hotels.0-0-d302-tCheapHotels.Travel-Guide-Filter-Hotels)

!['Completed: 2002
Trivia: Reykjanes peninsula lies on one of the world's major plate boundaries, the Mid-Atlantic Ridge. With the Eurasian and North American tectonic plates continuously drifting apart, linear fractures, known as fissures, form. The Bridge between the two continents is a small footbridge over such a major fissure. Consequently, you can have one foot on European soil and the other on North American soil at the same time.'](https://mediaim.expedia.com/destination/2/5d39bae56ae60f02e0fae7b7ba4cbd8b.jpg?impolicy=fcrop&w=384&h=216&q=medium)

#### Reykjanesbær

[](https://expedia.com/Reykjanesbr-Hotels-Cheap-Hotels.0-0-d6227098-tCheapHotels.Travel-Guide-Filter-Hotels)

![Selfoss featuring a cascade, rapids and a gorge or canyon](https://a.travel-assets.com/findyours-php/viewfinder/images/res70/128000/128003-Selfoss.jpg?impolicy=fcrop&w=384&h=216&q=medium)

#### Selfoss

[](https://expedia.com/Selfoss-Hotels-Cheap-Hotels.0-0-d6024942-tCheapHotels.Travel-Guide-Filter-Hotels)

## Check availability on Iceland Cheap Hotels

Tonight

[Feb 6 - Feb 7](https://www.expedia.com/Hotel-Search?regionId=79&startDate=2026-02-06&endDate=2026-02-07&adults=2&rfrr=TG.LP.CheckPrices.Hotel&openPlayBack=true&travelerType=budget_property)

Tomorrow

[Feb 7 - Feb 8](https://www.expedia.com/Hotel-Search?regionId=79&startDate=2026-02-07&endDate=2026-02-08&adults=2&rfrr=TG.LP.CheckPrices.Hotel&openPlayBack=true&travelerType=budget_property)

This weekend

[Feb 6 - Feb 8](https://www.expedia.com/Hotel-Search?regionId=79&startDate=2026-02-06&endDate=2026-02-08&adults=2&rfrr=TG.LP.CheckPrices.Hotel&openPlayBack=true&travelerType=budget_property)

Next weekend

[Feb 13 - Feb 15](https://www.expedia.com/Hotel-Search?regionId=79&startDate=2026-02-13&endDate=2026-02-15&adults=2&rfrr=TG.LP.CheckPrices.Hotel&openPlayBack=true&travelerType=budget_property)

## Our top choices for Iceland cheap hotels

![Restaurant](https://images.trvl-media.com/lodging/37000000/36800000/36796300/36796295/4578874a.jpg?impolicy=fcrop&w=357&h=201&p=1&q=medium)

![Junior Room | View from room](https://images.trvl-media.com/lodging/37000000/36800000/36796300/36796295/ad5126d2.jpg?impolicy=fcrop&w=357&h=201&p=1&q=medium)

![Restaurant](https://images.trvl-media.com/lodging/37000000/36800000/36796300/36796295/1395ecd9.jpg?impolicy=fcrop&w=357&h=201&p=1&q=medium)

![Front of property](https://images.trvl-media.com/lodging/37000000/36800000/36796300/36796295/c190bbd4.jpg?impolicy=fcrop&w=357&h=201&p=1&q=medium)

### Hotel Von

[](https://www.expedia.com/Reykjavik-Hotels-Von-Guldsmeden-Hotel.h36796295.Hotel-Information)

Downtown Reykjavik

9.4/10

Exceptional

(1,000 reviews)

"Great service and beautiful hotel, the location was ideal for our journey"

![United States](https://a.travel-assets.com/egds/marks/flags/us.svg)

Diego

$152 nightly

$176 total

Mar 4 - Mar 5

Total with taxes and fees

[](https://www.expedia.com/Reykjavik-Hotels-Von-Guldsmeden-Hotel.h36796295.Hotel-Information)

![Lobby sitting area](https://images.trvl-media.com/lodging/21000000/20530000/20522200/20522120/6f63978f.jpg?impolicy=fcrop&w=357&h=201&p=1&q=medium)

![Family Suite Small | In-room safe, desk, blackout drapes, free WiFi](https://images.trvl-media.com/lodging/21000000/20530000/20522200/20522120/f135dbff.jpg?impolicy=fcrop&w=357&h=201&p=1&q=medium)

![Family Suite Large | In-room safe, desk, blackout drapes, free WiFi](https://images.trvl-media.com/lodging/21000000/20530000/20522200/20522120/072df351.jpg?impolicy=fcrop&w=357&h=201&p=1&q=medium)

![Lobby sitting area](https://images.trvl-media.com/lodging/21000000/20530000/20522200/20522120/818ff58e.jpg?impolicy=fcrop&w=357&h=201&p=1&q=medium)

### 201 Hotel

[](https://www.expedia.com/Reykjavik-Hotels-201-Hotel.h20522120.Hotel-Information)

Kópavogur

8.6/10

Excellent

(1,002 reviews)

"Very easy check-in, helpful staff, clean room, and good breakfast."

![United States](https://a.travel-assets.com/egds/marks/flags/us.svg)

Tania

$125 nightly

$145 total

Feb 10 - Feb 11

Total with taxes and fees

[](https://www.expedia.com/Reykjavik-Hotels-201-Hotel.h20522120.Hotel-Information)

![Sauna, hot tub, 3 treatment rooms, massages](https://images.trvl-media.com/lodging/46000000/45670000/45668900/45668818/41a280e5.jpg?impolicy=fcrop&w=357&h=201&p=1&q=medium)

![Bar (on property)](https://images.trvl-media.com/lodging/46000000/45670000/45668900/45668818/8956e5f6.jpg?impolicy=fcrop&w=357&h=201&p=1&q=medium)

![Sauna, hot tub, 3 treatment rooms, massages](https://images.trvl-media.com/lodging/46000000/45670000/45668900/45668818/d3b104c7.jpg?impolicy=fcrop&w=357&h=201&p=1&q=medium)

![Sauna, hot tub, 3 treatment rooms, massages](https://images.trvl-media.com/lodging/46000000/45670000/45668900/45668818/ded168bc.jpg?impolicy=fcrop&w=357&h=201&p=1&q=medium)

### Grandi by Center Hotels

[](https://www.expedia.com/Reykjavik-Hotels-Grandi-By-Center-Hotels.h45668818.Hotel-Information)

Vesturbær

9.4/10

Exceptional

(1,433 reviews)

"Very Nice hotel and the Spa is very nice as well"

![United Kingdom](https://a.travel-assets.com/egds/marks/flags/uk.svg)

Kyle

$179 nightly

$205 total

Mar 9 - Mar 10

Total with taxes and fees

[](https://www.expedia.com/Reykjavik-Hotels-Grandi-By-Center-Hotels.h45668818.Hotel-Information)

![Daily buffet breakfast (ISK 3500 per person)](https://images.trvl-media.com/lodging/1000000/980000/978800/978797/318ceeaa.jpg?impolicy=fcrop&w=357&h=201&p=1&q=medium)

![Deluxe Double Room | In-room safe, desk, blackout drapes, iron/ironing board](https://images.trvl-media.com/lodging/1000000/980000/978800/978797/892fa7b2.jpg?impolicy=fcrop&w=357&h=201&p=1&q=medium)

![Lobby lounge](https://images.trvl-media.com/lodging/1000000/980000/978800/978797/2dd0e73b.jpg?impolicy=fcrop&w=357&h=201&p=1&q=medium)

![Lobby sitting area](https://images.trvl-media.com/lodging/1000000/980000/978800/978797/bdedb2a4.jpg?impolicy=fcrop&w=357&h=201&p=1&q=medium)

### Fosshotel Barón

[](https://www.expedia.com/Reykjavik-Hotels-Fosshotel-Baron.h978797.Hotel-Information)

Downtown Reykjavik

8.6/10

Excellent

(1,003 reviews)

"Loved our room and very well located hotel "

![United States](https://a.travel-assets.com/egds/marks/flags/us.svg)

Elizeth

$161 nightly

$185 total

Feb 10 - Feb 11

Total with taxes and fees

[](https://www.expedia.com/Reykjavik-Hotels-Fosshotel-Baron.h978797.Hotel-Information)

![Suite, Harbor View (with Sauna & Gym Access) | Bathroom sink](https://images.trvl-media.com/lodging/23000000/22270000/22267000/22266982/aea50603.jpg?impolicy=fcrop&w=357&h=201&p=1&q=medium)

![Restaurant](https://images.trvl-media.com/lodging/23000000/22270000/22267000/22266982/7025580f.jpg?impolicy=fcrop&w=357&h=201&p=1&q=medium)

![Sauna](https://images.trvl-media.com/lodging/23000000/22270000/22267000/22266982/2de36707.jpg?impolicy=fcrop&w=357&h=201&p=1&q=medium)

![Meeting facility](https://images.trvl-media.com/lodging/23000000/22270000/22267000/22266982/0336313e.jpg?impolicy=fcrop&w=357&h=201&p=1&q=medium)

### Exeter Hotel

[](https://www.expedia.com/Reykjavik-Hotels-Exeter-Hotel.h22266982.Hotel-Information)

Downtown Reykjavik

9.4/10

Exceptional

(1,001 reviews)

"Excellent stay overall. Very well appointed hotel, very helpful and accomodating staff, and great location. "

![United Kingdom](https://a.travel-assets.com/egds/marks/flags/uk.svg)

Christopher

$160 nightly

$184 total

Feb 9 - Feb 10

Total with taxes and fees

[](https://www.expedia.com/Reykjavik-Hotels-Exeter-Hotel.h22266982.Hotel-Information)

![Indoor spa tub](https://images.trvl-media.com/lodging/9000000/8130000/8120100/8120033/8fff738a.jpg?impolicy=fcrop&w=357&h=201&p=1&q=medium)

![Reception](https://images.trvl-media.com/lodging/9000000/8130000/8120100/8120033/0b9e1226.jpg?impolicy=fcrop&w=357&h=201&p=1&q=medium)

![Property entrance](https://images.trvl-media.com/lodging/9000000/8130000/8120100/8120033/940267ad.jpg?impolicy=fcrop&w=357&h=201&p=1&q=medium)

![Reception hall](https://images.trvl-media.com/lodging/9000000/8130000/8120100/8120033/b3e2d16b.jpg?impolicy=fcrop&w=357&h=201&p=1&q=medium)

### Alda Hotel Reykjavik

[](https://www.expedia.com/Reykjavik-Hotels-Alda-Hotel-Reykjavik.h8120033.Hotel-Information)

Downtown Reykjavik

9.4/10

Exceptional

(1,185 reviews)

"Location was great, staff was great"

![United States](https://a.travel-assets.com/egds/marks/flags/us.svg)

Ryan

$236 nightly

$271 total

Mar 2 - Mar 3

Total with taxes and fees

[](https://www.expedia.com/Reykjavik-Hotels-Alda-Hotel-Reykjavik.h8120033.Hotel-Information)

![Interior](https://images.trvl-media.com/lodging/23000000/22640000/22632500/22632426/dc3acbbf.jpg?impolicy=fcrop&w=357&h=201&p=1&q=medium)

![View from room](https://images.trvl-media.com/lodging/23000000/22640000/22632500/22632426/64a0172d.jpg?impolicy=fcrop&w=357&h=201&p=1&q=medium)

![Reception hall](https://images.trvl-media.com/lodging/23000000/22640000/22632500/22632426/afb53e16.jpg?impolicy=fcrop&w=357&h=201&p=1&q=medium)

![Basic Double Room, Private Bathroom | View from room](https://images.trvl-media.com/lodging/23000000/22640000/22632500/22632426/3dd8a78c.jpg?impolicy=fcrop&w=357&h=201&p=1&q=medium)

### Adventure Hotel Hof

[](https://www.expedia.com/Fagurholsmyri-Hotels-Adventure-Hotel-Hof.h22632426.Hotel-Information)

Fagurholsmyri

8.4/10

Very Good

(549 reviews)

"Amazing place!"

![United States](https://a.travel-assets.com/egds/marks/flags/us.svg)

Anthony

$173 nightly

$199 total

Feb 7 - Feb 8

Total with taxes and fees

[](https://www.expedia.com/Fagurholsmyri-Hotels-Adventure-Hotel-Hof.h22632426.Hotel-Information)

![Lobby lounge](https://images.trvl-media.com/lodging/1000000/50000/45500/45483/bdb8839d.jpg?impolicy=fcrop&w=357&h=201&p=1&q=medium)

![Lobby sitting area](https://images.trvl-media.com/lodging/1000000/50000/45500/45483/3496f53f.jpg?impolicy=fcrop&w=357&h=201&p=1&q=medium)

![Banquet hall](https://images.trvl-media.com/lodging/1000000/50000/45500/45483/6bbca6c7.jpg?impolicy=fcrop&w=357&h=201&p=1&q=medium)

![Junior Suite | In-room safe, desk, laptop workspace, blackout drapes](https://images.trvl-media.com/lodging/1000000/50000/45500/45483/ffa4cbda.jpg?impolicy=fcrop&w=357&h=201&p=1&q=medium)

### Hotel Reykjavík Grand

[](https://www.expedia.com/Reykjavik-Hotels-Grand-Hotel-Reykjavik.h45483.Hotel-Information)

Laugardalur

9.0/10

Wonderful

(1,005 reviews)

"Spacious rooms. Hotel is pretty and staff was great."

![United States](https://a.travel-assets.com/egds/marks/flags/us.svg)

Carmen

$151 nightly

$174 total

Feb 7 - Feb 8

Total with taxes and fees

[](https://www.expedia.com/Reykjavik-Hotels-Grand-Hotel-Reykjavik.h45483.Hotel-Information)

![Rooftop terrace](https://images.trvl-media.com/lodging/23000000/22350000/22348400/22348352/31c59dda.jpg?impolicy=fcrop&w=357&h=201&p=1&q=medium)

![40-inch Smart TV with satellite channels, TV, Netflix](https://images.trvl-media.com/lodging/23000000/22350000/22348400/22348352/c0f31387.jpg?impolicy=fcrop&w=357&h=201&p=1&q=medium)

![Free daily buffet breakfast](https://images.trvl-media.com/lodging/23000000/22350000/22348400/22348352/2edb64a8.jpg?impolicy=fcrop&w=357&h=201&p=1&q=medium)

![Exterior](https://images.trvl-media.com/lodging/23000000/22350000/22348400/22348352/ac63caec.jpg?impolicy=fcrop&w=357&h=201&p=1&q=medium)

### Hótel Varmaland

[](https://www.expedia.com/Borgarnes-Hotels-Hotel-Varmaland.h22348352.Hotel-Information)

Borgarnes

9.4/10

Exceptional

(427 reviews)

"Very kind staff whoever I met! "

![United States](https://a.travel-assets.com/egds/marks/flags/us.svg)

Eunkyung

$172 nightly

$197 total

Feb 8 - Feb 9

Total with taxes and fees

[](https://www.expedia.com/Borgarnes-Hotels-Hotel-Varmaland.h22348352.Hotel-Information)

![Property entrance](https://images.trvl-media.com/lodging/70000000/69950000/69944500/69944462/ad91ea6e.jpg?impolicy=fcrop&w=357&h=201&p=1&q=medium)

![Standard Double Room, Private Bathroom | Desk, soundproofing, iron/ironing board, free WiFi](https://images.trvl-media.com/lodging/70000000/69950000/69944500/69944462/f7376b63.jpg?impolicy=fcrop&w=357&h=201&p=1&q=medium)

![Desk, soundproofing, iron/ironing board, free WiFi](https://images.trvl-media.com/lodging/70000000/69950000/69944500/69944462/64c25abb.jpg?impolicy=fcrop&w=357&h=201&p=1&q=medium)

![Premium Triple Room with 1 Double Bed and 1 Single Bed | Desk, soundproofing, iron/ironing board, free WiFi](https://images.trvl-media.com/lodging/70000000/69950000/69944500/69944462/f9c7f8b7.jpg?impolicy=fcrop&w=357&h=201&p=1&q=medium)

### ABC Hotel by Reykjavik Keflavik Airport

[](https://www.expedia.com/Reykjavik-Hotels-ABC-Hotel.h69944462.Hotel-Information)

Reykjanesbær

7.4/10

Good

(789 reviews)

"Clean room, friendly staff, didn't have my charger handy and staff helped me out with their charger"

![United States](https://a.travel-assets.com/egds/marks/flags/us.svg)

Zoran

[](https://www.expedia.com/Reykjavik-Hotels-ABC-Hotel.h69944462.Hotel-Information)

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.

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## Top Iceland Hotel Reviews

![Reykjavik Residence Hotel](https://images.trvl-media.com/lodging/5000000/4100000/4099900/4099809/658fb6cf_y.jpg)

### Reykjavik Residence Hotel

10/10 Excellent

"Room was perfect and the service was excellent. Wish we stayed longer. The contactless check in was really handy and convenient. "

[](https://expedia.com/Reykjavik-Hotels-Reykjavik-Residence-Hotel.h4099809.Hotel-Information)

![Grandi by Center Hotels](https://images.trvl-media.com/lodging/46000000/45670000/45668900/45668818/b1a57485_y.jpg)

### Grandi by Center Hotels

10/10 Excellent

"We had a great stay! Our room was spacious and just what we needed as a family of 4 when coming back each evening after travelling Reykjavík and surrounding areas. Staff were always friendly and helpful. We had a really great stay and wouldn’t hesitate to stay again."

[](https://expedia.com/Reykjavik-Hotels-Grandi-By-Center-Hotels.h45668818.Hotel-Information)

![Fosshotel Glacier Lagoon](https://images.trvl-media.com/lodging/13000000/12800000/12794300/12794262/ba6b496d_y.jpg)

### Fosshotel Glacier Lagoon

10/10 Excellent

"Clean hotel in great location "

[](https://expedia.com/Fagurholsmyri-Hotels-Fosshotel-Glacier-Lagoon.h12794262.Hotel-Information)

![Center Hotels Laugavegur](https://images.trvl-media.com/lodging/37000000/36420000/36412700/36412694/bc969a26_y.jpg)

### Center Hotels Laugavegur

10/10 Excellent

"Great central location, clean, fun hotel"

[](https://expedia.com/Reykjavik-Hotels-CenterHotel-Laugavegur.h36412694.Hotel-Information)

![Miðgarður by Center Hotels](https://images.trvl-media.com/lodging/10000000/9860000/9853500/9853419/1193c4a7_y.jpg)

### Miðgarður by Center Hotels

10/10 Excellent

"Great location, helpful and friendly staff. large clean rooms. Also lovely little spa which you can order drinks to the Jacuzzi! Would recommend really enjoyed our stay."

[](https://expedia.com/Reykjavik-Hotels-Migarur-By-Center-Hotels.h9853419.Hotel-Information)

![Aurora Hotel at Reykjavik-Keflavik Airport Terminal KEF](https://images.trvl-media.com/lodging/7000000/6570000/6567400/6567348/d854117b_y.jpg)

### Aurora Hotel at Reykjavik-Keflavik Airport Terminal KEF

10/10 Excellent

"Tremendous, friendly staff, who clearly loved their jobs."

[](https://expedia.com/Reykjavik-Hotels-Aurora-Hotel-At-Reykjavik-Keflavik-Airport-Terminal-KEF.h6567348.Hotel-Information)

![Fosshotel Reykjavik](https://images.trvl-media.com/lodging/10000000/9040000/9031800/9031743/4c46e13b_y.jpg)

### Fosshotel Reykjavik

10/10 Excellent

"Facilities were great, staff were very helpful and friendly "

[](https://expedia.com/Reykjavik-Hotels-Fosshotel-Reykjavik.h9031743.Hotel-Information)

![Hotel Reykjavík Grand](https://images.trvl-media.com/lodging/1000000/50000/45500/45483/1f0fc067_y.jpg)

### Hotel Reykjavík Grand

10/10 Excellent

"Excellent hotel, staff were friendly and very accommodating. I would definitely stay here again. "

[](https://expedia.com/Reykjavik-Hotels-Grand-Hotel-Reykjavik.h45483.Hotel-Information)

![Hotel Vík í Mýrdal](https://images.trvl-media.com/lodging/36000000/35770000/35767900/35767873/33fbdf2f_y.jpg)

### Hotel Vík í Mýrdal

10/10 Excellent

"The rooms, showers and breakfast were amazing. "

[](https://expedia.com/Vik-I-Myrdal-Hotels-Hotel-Vik.h35767873.Hotel-Information)