What is the cost of a hostel in Reykjavik?

On average, it’s C$ 82/night for a hostel in Reykjavik, though C$ 78/night or less would be considered a good deal. The least expensive hostel our users have found recently was for C$ 53/night in Reykjavik. Try to avoid booking your hostel in September (the most expensive month). Booking in October (the cheapest month) could save you money.

What’s the best hostel in Reykjavik?

Midgard Base Camp boasts a 9.2/10 review rating from 1,785 users, making it the best hostel in Reykjavik.

What hostel is closest to Reykjavik Keflavik Intl Airport?

It is 2.1 km to get from Reykjavik Keflavik Intl Airport to Start Hostel (the nearest Reykjavik hostel to the airport).

What area of Reykjavik is most popular to stay in?

The most popular neighbourhood to stay in Reykjavik is Miðborg, according to our data. 13% of users who searched for hostels in Reykjavik looked for properties in Miðborg. If you’re interested in staying in Miðborg, consider the Kex Hostel - the neighbourhood’s most popular hostel.

What is the most popular hostel in Reykjavik closest to Harpa?

Loft - Hi Eco Hostel is the most popular hostel in Reykjavik that’s close to Harpa (the city’s most popular landmark). There are 0.4 km from Loft - Hi Eco Hostel to Harpa. While there may be other hostels near Harpa, Loft - Hi Eco Hostel is highly rated (8.5/10) by 2,127 users.

Should I stay in a Reykjavik hostel?

Aside from the fact that Reykjavik hostels tend to be more affordable than other stay types, they also have a more lively social scene. This social environment is perfect for individuals, couples, and even families who are looking to meet fellow travellers in Reykjavik.

Does Reykjavik have hostels with “Parking” listed as an amenity?

Yes, there are hostels in Reykjavik with “Parking” as a listed amenity. According to our data, 14 hostels have the “Parking” amenity in the Reykjavik area. Kex Hostel is a popular hostel among HotelsCombined users who are looking for this particular feature.

Affordable Reykjavik Hostels From C$ 41/night

Travel insights for hostels in Reykjavik

Use these up-to-date, data-driven insights about booking a hostel in Reykjavik including ideal times to book, pricing trends, and more.

What is the cheapest day to stay in a hostel in Reykjavik?

The cheapest day to stay in Reykjavik is Sunday (C$ 47). On the other hand, travelers can expect to pay the most on Friday, when the average nightly price is C$ 196.

How far ahead should you book a hostel in Reykjavik?

Save money by booking a hostel at least 89 days before your trip to Reykjavik. The lowest price found when booking 89 days ahead was C$ 56 per night.

Find deals

Cheapest hostels in Reykjavik, Iceland

At the moment, these hostels offer the lowest nightly rate out of those we've come across in Reykjavik. Consider alternative dates if you're able to compare prices.

Show all 1,063 hostels

The Freezer Hostel & Culture Center

Hafnargata 16, Snaefellsnes Peninsula, Snæfellsbær, Iceland

6.3 km from city centre

Free Wi-Fi

Parking

C$ 41

Avg. per night

Hostels in Reykjavik

Search and compare Reykjavik, Iceland hostels from hundreds of travel sites on HotelsCombined and save.

Refine Your Search

Star ratings

Guest Ratings

Amenities

Freebies

Popular hostels in Reykjavik

Discover well-known properties in Reykjavik that are favoured by visitors more than others. There are 1,063 hotels in Reykjavik and price data was last updated on 5 June 2025. The average price for a hotel in Reykjavik is .

These hostels are among the most popular properties in the Reykjavik area. Users seeking more options can adjust the settings in the search form at the top of the page.

Filter by star ratings

Travel insights for hostels in Reykjavik

Use these up-to-date, data-driven insights about booking a hostel in Reykjavik including ideal times to book, pricing trends, and more.

What is the cheapest day to stay in a hostel in Reykjavik?

The cheapest day to stay in Reykjavik is Sunday (C$ 47). On the other hand, travelers can expect to pay the most on Friday, when the average nightly price is C$ 196.

How far ahead should you book a hostel in Reykjavik?

Save money by booking a hostel at least 89 days before your trip to Reykjavik. The lowest price found when booking 89 days ahead was C$ 56 per night.

Cheapest hostels in Reykjavik, Iceland

At the moment, these hostels offer the lowest nightly rate out of those we've come across in Reykjavik. Consider alternative dates if you're able to compare prices.

Hostel prices in Reykjavik

Some of the best options for booking a hostel in Reykjavik categorized by hostel class. As an added layer, we've also marked the most popular and best value properties in each hostel class.

3 stars

2 stars and under

Other accommodations in Reykjavik

Find the perfect theme hotel, hostel or vacation rental for your stay in Reykjavik. There are 1,063 properties in Reykjavik and price data was last updated on 5 June 2025. The average price for a hotel in Reykjavik is .

Where to stay in Reykjavik

Explore different neighbourhoods and areas within Reykjavik to find the perfect location for your stay. Map data was last updated on 5 June 2025.

Utilize the map to find properties close to the Reykjavik area(s) or attractions you plan on visiting. Clicking a property's name will unlock more information and allow you to book that particular hostel.

Facts about staying in Reykjavik

Find useful tips and insights about staying in Reykjavik to help you make the most of your experience. FAQs were last updated on 5 June 2025.