Cheapest hostels in Reykjavík

This hostel in Reykjavik is perfectly situated within walking distance of the city centre, offering an affordable base for exploring.
Guests can enjoy a bar, restaurant, and shared kitchen, alongside complimentary Wi-Fi and tour assistance, making it a budget-friendly choice.

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.

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.

Hostel listing with an excellent rating of 85% based on 4143 reviews. You will be in Reykjavik.
Services and facilities include fast check-in and check-out, a wheelchair friendly access and free parking.

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.

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.

Hostel rental with an excellent rating of 93% based on 1229 reviews. You will be based in Reykjavik.
Facilities and services: an elevator, a coffee place and a fridge.

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.

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.

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.