What is the cost of a hostel in Reykjavik?

€93/night is an average price for a hostel in Reykjavik throughout the year. Hostel prices do vary, and you’ll find that in December is the most expensive month to book, and in November is the cheapest month to book. Our users recently found Reykjavik hostels for as low as €22/night. In general, Reykjavik hostels for €51 or less are a good deal.

What’s the best hostel in Reykjavik?

Based on our data, Reykjavik Downtown Hostel is the best Reykjavik hostel, with a rating of 8.5/10 from 758 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 13% of our users looking to stay in Reykjavik searching for hostels in this area over the last 12 months. Hostel B47 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. 2,286 HotelsCombined reviewers gave the Loft - Hi Eco Hostel a score of 8.4/10.

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 “Airport shuttle” listed as an amenity?

Yes, 4 Reykjavik hostels list “Airport shuttle” 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 €45/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 November (€35). Conversely, the most expensive month to stay in Reykjavik is July (€132).

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

The cheapest day to stay in Reykjavik is Sunday (€35). On the other hand, travelers can expect to pay the most on Friday, when the average nightly price is €91.

How far ahead should you book a hostel in Reykjavik?

Save money by booking a hostel at least 40 days before your trip to Reykjavik. The lowest price found when booking 40 days ahead was €42 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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B14 Hostel

Fákafen 11, Reykjavik, Iceland

4.2 km from city centre

Free Wi-Fi

Parking

Airport shuttle

€45

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

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 November (€35). Conversely, the most expensive month to stay in Reykjavik is July (€132).

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

The cheapest day to stay in Reykjavik is Sunday (€35). On the other hand, travelers can expect to pay the most on Friday, when the average nightly price is €91.

How far ahead should you book a hostel in Reykjavik?

Save money by booking a hostel at least 40 days before your trip to Reykjavik. The lowest price found when booking 40 days ahead was €42 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.

3 stars

2 stars and under

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 8 December 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 8 December 2025.