Hostels in Reykjavik

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Travel insights for hostels in Reykjavik

Use our HotelsCombined data-powered tips to help you find your next hostel in Reykjavik.

What is the cheapest month to book a hostel in Reykjavik?

The cheapest month to book a hostel in Reykjavik is November (C$ 40). Conversely, the most expensive month to stay in Reykjavik is August (C$ 348).

How far ahead should you book a hostel in Reykjavik?

Save money by booking a hostel at least 50 days before your trip to Reykjavik. The lowest price found when booking 50 days ahead was C$ 84 per night.

Cheapest hostels in Reykjavik, Iceland

Discover affordable stays in Reykjavik that provide a quality experience without breaking the bank. Hotels in Reykjavik can be found for as low as C$ 71 per night. There is currently one property in Reykjavik that can be booked for this price. B14 Hostel is one of the hotels that can be booked for the lowest price in Reykjavik. Price data was last updated on 7 May 2026
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.
Fákafen 11, Reykjavik, Iceland
4.2 km from city centre
Free Wi-Fi
Parking
Airport shuttle
C$ 71
Avg. per night
Skogarhlid 10, Reykjavik, Iceland
1.8 km from city centre
Free Wi-Fi
Parking
C$ 101
Avg. per night
28 Skúlagata, Reykjavik, Iceland
1.1 km from city centre
Free Wi-Fi
C$ 119
Avg. per night
Sundlaugavegur 34, Reykjavik, Iceland
3.2 km from city centre
Free Wi-Fi
Parking
Airport shuttle
C$ 131
Avg. per night
Baronsstigur 47, Reykjavik, Iceland
1.1 km from city centre
Free Wi-Fi
Parking
C$ 134
Avg. per night
Hringbraut 29, Reykjavik, Iceland
0.7 km from city centre
Free Wi-Fi
Airport shuttle
C$ 191
Avg. per night
Vesturgata 17, Reykjavik, Iceland
0.3 km from city centre
Free Wi-Fi
C$ 193
Avg. per night
Bankastræti 7, Reykjavik, Iceland
0.3 km from city centre
Free Wi-Fi
Airport shuttle
C$ 219
Avg. per night
Laugarnesvegi 74a, Reykjavik, Iceland
2.7 km from city centre
Free Wi-Fi
Parking
C$ 476
Avg. per night

Hostel prices in Reykjavik

Get a sense of the average price and most popular properties to stay in Reykjavik to help you budget for your trip accordingly. Hotels that are booked the most in each class receive the “Most popular” badge. Hotels with the “Best value” badge are the most popular hotels in Reykjavik at attractive prices. Price data was last updated on 7 May 2026.
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
Skogarhlid 10, Reykjavik, Iceland
C$ 101
2 stars and under
Baronsstigur 47, Reykjavik, Iceland
C$ 134
Bankastræti 7, Reykjavik, Iceland
C$ 219
Laugarnesvegi 74a, Reykjavik, Iceland
C$ 476
Hringbraut 29, Reykjavik, Iceland
C$ 191
28 Skúlagata, Reykjavik, Iceland
C$ 119

Other accommodations in Reykjavik

Find the perfect theme hotel, hostel or vacation rental for your stay in Reykjavik. There are 960 properties in Reykjavik and price data was last updated on 7 May 2026. The average price for a hotel in Reykjavik is C$ 169/night.
Amtmannsstígur 5a, Reykjavik, Iceland
0.3 km from city centre
Free Wi-Fi
C$ 181
Avg. per night
Njardargata 43, Reykjavik, Iceland
0.8 km from city centre
Free Wi-Fi
C$ 118
Avg. per night
Vogasel 1, Reykjavik, Iceland
6.8 km from city centre
C$ 112
Avg. per night
Skogarhlid 10, Reykjavik, Iceland
1.8 km from city centre
Free Wi-Fi
Parking
C$ 101
Avg. per night
Hringbraut 29, Reykjavik, Iceland
0.7 km from city centre
Free Wi-Fi
Airport shuttle
C$ 191
Avg. per night
28 Skúlagata, Reykjavik, Iceland
1.1 km from city centre
Free Wi-Fi
C$ 119
Avg. per night
Laugavegur 34, Reykjavik, Iceland
0.8 km from city centre
Free Wi-Fi
C$ 265
Avg. per night
Ranargata 4a, Reykjavik, Iceland
0.2 km from city centre
Free Wi-Fi
Airport shuttle
C$ 124
Avg. per night
Adalstraeti 16, Reykjavik, Iceland
0.1 km from city centre
Free Wi-Fi
C$ 222
Avg. per night
Reykjavik, Iceland
1.8 km from city centre
Air Conditioning
Airport shuttle
C$ 177
Avg. per night

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 7 May 2026.
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 7 May 2026.
  • What is the cost of a hostel in Reykjavik?

    On average, it’s C$ 170/night for a hostel in Reykjavik, though C$ 121/night or less would be considered a good deal. The least expensive hostel our users have found recently was for C$ 40/night in Reykjavik. Try to avoid booking your hostel in August (the most expensive month). Booking in November (the cheapest month) could save you money.

  • What’s the best hostel in Reykjavik?

    Loft - Hi Eco Hostel boasts a 8.5/10 review rating from 2,406 users, making it the best hostel in Reykjavik.

  • What hostel is closest to Reykjavik Keflavik Intl Airport?

    It is 36.5 km to get from Reykjavik Keflavik Intl Airport to Student 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. 14% 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 2,406 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 “Wi-Fi” listed as an amenity?

    Yes, there are hostels in Reykjavik with “Wi-Fi” as a listed amenity. According to our data, 8 hostels have the “Wi-Fi” amenity in the Reykjavik area. Kex Hostel is a popular hostel among HotelsCombined users who are looking for this particular feature.

See more FAQs

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