What is the cost of a hostel in Reykjavik?

€87/night is an average price for a hostel in Reykjavik throughout the year. Hostel prices do vary, and you’ll find that in July is the most expensive month to book, and in May is the cheapest month to book. Our users recently found Reykjavik hostels for as low as €24/night. In general, Reykjavik hostels for €50 or less are a good deal.

What’s the best hostel in Reykjavik?

Based on our data, Loft - Hi Eco Hostel is the best Reykjavik hostel, with a rating of 8.5/10 from 2,131 reviews.

What hostel is closest to Reykjavik Keflavik Intl Airport?

Reykjavik Downtown Hostel is the nearest hostel in Reykjavik to Reykjavik Keflavik Intl Airport, at a distance of 37.0 km.

What area of Reykjavik is most popular to stay in?

The most popular neighbourhood is Miðborg, with 16% of our users looking to stay in Reykjavik searching for hostels in this area over the last 12 months. Kex Hostel is a popular hostel in Miðborg that might be available for your travel dates, though there are other great properties in the area as well.

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

The most popular hostel in Reykjavik that’s close to Harpa is Loft - Hi Eco Hostel. Just 0.4 km separate Loft - Hi Eco Hostel from Harpa, the city’s most popular attraction. 2,131 HotelsCombined reviewers gave the Loft - Hi Eco Hostel a score of 8.5/10.

Should I stay in a Reykjavik hostel?

Staying in a Reykjavik hostel has many benefits, including cost savings, proximity to the centre of the city, a social and laid-back atmosphere, and similar amenities to hotels (such as Wi-Fi, continental breakfast, or 24/7 check-in). Hostels in Reykjavik tend to attract younger, solo travellers, but they can be great for couples and families as well.

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

Yes, 7 Reykjavik hostels list “Parking” as an amenity. If you’re looking for a particular hostel in Reykjavik with this feature, then consider staying at the popular Kex Hostel.

Affordable Reykjavik Hostels From €26/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 month to book a hostel in Reykjavik?

The cheapest month to book a hostel in Reykjavik is March (€39). Conversely, the most expensive month to stay in Reykjavik is September (€110).

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

The cheapest day to stay in Reykjavik is Thursday (€39). On the other hand, travelers can expect to pay the most on Saturday, when the average nightly price is €70.

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 €36 per night.

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Cheapest hostels in Reykjavik, Iceland

Currently, these are the lowest-priced hostels in Reykjavik we've come across for the dates selected. As prices can vary by date, change the dates if you're flexible to compare rates.

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The Freezer Hostel & Culture Center

Hafnargata 16, Snaefellsnes Peninsula, Snæfellsbær, Iceland

6.3 km from city centre

Free Wi-Fi

Parking

€26

Avg. per night

Hostels in Reykjavik

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

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Popular hostels in Reykjavik

Discover well-known properties in Reykjavik that are favoured by visitors more than others. There are 1,082 hotels in Reykjavik and price data was last updated on 9 June 2025. The average price for a hotel in Reykjavik is €86/night.

These hostels are among the most popular properties in the Reykjavik area. Users can utilize the filters available to narrow down their search.

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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 month to book a hostel in Reykjavik?

The cheapest month to book a hostel in Reykjavik is March (€39). Conversely, the most expensive month to stay in Reykjavik is September (€110).

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

The cheapest day to stay in Reykjavik is Thursday (€39). On the other hand, travelers can expect to pay the most on Saturday, when the average nightly price is €70.

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 €36 per night.

Cheapest hostels in Reykjavik, Iceland

Currently, these are the lowest-priced hostels in Reykjavik we've come across for the dates selected. As prices can vary by date, change the dates if you're flexible to compare rates.

Hostel prices in Reykjavik

hostels located in the Reykjavik area sorted by price and hostel class. We've highlighted the most popular properties according to our users as well as the best value within each hostel class.

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Other accommodations in Reykjavik

Find the perfect theme hotel or holiday rental for your stay in Reykjavik.

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 9 June 2025.

Scroll to and zoom in on the areas in Reykjavik you plan on visiting to find nearby properties. More information on a given hostel can be accessed by clicking the hostel's name within the map.

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 9 June 2025.