What is the cost of a hostel in Reykjavik?

On average, it’s $139/night for a hostel in Reykjavik, though $86/night or less would be considered a good deal. The least expensive hostel our users have found recently was for $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?

With an average review score of 8.5 (out of 10) from 767 HotelsCombined users, Reykjavik Downtown Hostel is considered the best Reykjavik hostel.

What hostel is closest to Reykjavik Keflavik Intl Airport?

Reykjavik Downtown Hostel is 37.0 km away from Reykjavik Keflavik Intl Airport, making it the closest Reykjavik hostel to the city’s most popular airport.

What area of Reykjavik is most popular to stay in?

Miðborg is the most popular area of Reykjavik to stay in. In the past year, 8% of HotelsCombined users looking for Reykjavik hostels searched within Miðborg. Kex Hostel is a popular hostel in Miðborg if you choose to stay in the area.

What is the most popular hostel in Reykjavik closest to Reykjavik Free Church?

The most popular Reykjavik hostel near Reykjavik Free Church is Loft - Hi Eco Hostel. Loft - Hi Eco Hostel has a rating of 8.4/10 from 2,235 HotelsCombined users and it’s located just 0.4 km from Reykjavik Free Church.

Should I stay in a Reykjavik hostel?

Hostels in Reykjavik tend to have a more active social scene than hotels, so they’re perfect for outgoing travellers looking to meet other people. Reykjavik hostels are, on average, cheaper than other stays in the city due to their dorm-style sleeping quarters. However, this means you can spend your money elsewhere such as on local tours and events.

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

Yes, 5 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 $87/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 May ($114). Conversely, the most expensive month to stay in Reykjavik is June ($293).

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

The cheapest day to stay in Reykjavik is Thursday ($141). On the other hand, travelers can expect to pay the most on Friday, when the average nightly price is $272.

How far ahead should you book a hostel in Reykjavik?

Save money by booking a hostel at least 87 days before your trip to Reykjavik. The lowest price found when booking 87 days ahead was $66 per night.

Find deals

Cheapest hostels in Reykjavik, Iceland

Out of the hostels in Reykjavik we've come across, these properties are priced the lowest. Prices can differ depending on the dates selected, so use the search form to browse more options if you have flexibility.

Show all 1,118 hostels

B14 Hostel

Fákafen 11, Reykjavik, Iceland

4.2 km from city centre

Free Wi-Fi

Parking

Airport shuttle

$87

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 May ($114). Conversely, the most expensive month to stay in Reykjavik is June ($293).

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

The cheapest day to stay in Reykjavik is Thursday ($141). On the other hand, travelers can expect to pay the most on Friday, when the average nightly price is $272.

How far ahead should you book a hostel in Reykjavik?

Save money by booking a hostel at least 87 days before your trip to Reykjavik. The lowest price found when booking 87 days ahead was $66 per night.

Cheapest hostels in Reykjavik, Iceland

Out of the hostels in Reykjavik we've come across, these properties are priced the lowest. Prices can differ depending on the dates selected, so use the search form to browse more options if you have flexibility.

Hostel prices in Reykjavik

hostels located in the Reykjavik area sorted by price and 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 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 16 September 2025.

Utilize the map to find properties close to the Reykjavik area(s) or attractions you plan on visiting. You can find more information on a particular hostel within the map by clicking on its name.

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 16 September 2025.