What is the cost of a hostel in Reykjavik?

On average, it’s C$ 168/night for a hostel in Reykjavik, though C$ 125/night or less would be considered a good deal. The least expensive hostel our users have found recently was for C$ 41/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 Hostel boasts a 8.6/10 review rating from 2,525 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 Hotel & 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. 15% 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.

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, 7 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.

Affordable Reykjavik Hostels From C$ 68/night

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$ 72). Conversely, the most expensive month to stay in Reykjavik is July (C$ 209).

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

The cheapest day to stay in Reykjavik is Wednesday (C$ 59). On the other hand, travellers can expect to pay the most on Tuesday, when the average nightly price is C$ 322.

How much is a hostel in Reykjavik tonight?

Users have found prices for hostels in Reykjavik tonight starting as low as C$ 50, rising to an average cost of C$ 176, based on searches in the last 72 hours. Prices start from for a 4-star hostel in Reykjavik for tonight.

How far ahead should you book a hostel in Reykjavik?

Save money by booking a hostel at least 46 days before your trip to Reykjavik. The lowest price found when booking 46 days ahead was C$ 64 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 948 hostels

B14 Hostel

Fákafen 11, Reykjavik, Iceland

4.2 km from city centre

Free Wi-Fi

Parking

Airport shuttle

C$ 68

Avg. per night

Hostels in Reykjavik

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

Travel insights for hostels 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$ 72). Conversely, the most expensive month to stay in Reykjavik is July (C$ 209).

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

The cheapest day to stay in Reykjavik is Wednesday (C$ 59). On the other hand, travellers can expect to pay the most on Tuesday, when the average nightly price is C$ 322.

How much is a hostel in Reykjavik tonight?

Users have found prices for hostels in Reykjavik tonight starting as low as C$ 50, rising to an average cost of C$ 176, based on searches in the last 72 hours. Prices start from for a 4-star hostel in Reykjavik for tonight.

How far ahead should you book a hostel in Reykjavik?

Save money by booking a hostel at least 46 days before your trip to Reykjavik. The lowest price found when booking 46 days ahead was C$ 64 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 948 properties in Reykjavik and price data was last updated on 27 September 2026. The average price for a hotel in Reykjavik is C$ 124/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 27 September 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

What is the cost of a hostel in Reykjavik?

What’s the best hostel in Reykjavik?

What hostel is closest to Reykjavik Keflavik Intl Airport?

What area of Reykjavik is most popular to stay in?

Should I stay in a Reykjavik hostel?

Does Reykjavik have hostels with “Wi-Fi” listed as an amenity?

Find better results for your stay in Reykjavik

Consider these popular 3-star hotels in Reykjavik

Stay at one of these Reykjavik 3-star hotels that users have found on HotelsCombined.

Consider these popular 4-star hotels in Reykjavik

Stay at one of these Reykjavik 4-star hotels that users have found on HotelsCombined.

Explore these cities in Iceland

Looking to explore Iceland during your trip? These are other popular cities nearby that HotelsCombined users visit

Visit Top Destinations

These destinations around the world are some of the most sought after locations from our users

Cities our users search for

Based on the last 12 months of user searches on HotelsCombined

Consider other places to stay in Reykjavik

Stay at one of these places that users have found on HotelsCombined.