Reykjavik hostels

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Booking Insights
Recommended by KAYAK

Best Reykjavik hostels

Booking Insights

KAYAK’s insights for hostels in Reykjavik

Discover seasonal trends, ideal booking windows, and other data-driven tips to plan your stay in Reykjavik with confidence.

Which month has the cheapest hostel rates in Reykjavik?

Hostels are cheapest in Reykjavik in May, with average rates of $109. In comparison, July is the most expensive month, with prices at $316.

What is the cheapest day of the week to book a hostel in Reykjavik?

Sunday offers the lowest rates in Reykjavik, with an average nightly price of $123. The highest prices are found on Wednesday, with average rates at $263.

How early should you book a hostel in Reykjavik?

Book at least 87 days before your stay begins to get the best price for your Reykjavik hostel.

How much is a Reykjavik hostel?

Here are our most popular & best value hostels

Good to know

Low season

High season

Average price (weeknight)

Average price (weekend night)

May
July
$124
$149
Cheapest month to stay with an average 51% drop in price.
Most expensive month to stay with an average 42% rise in price.
Average Sun - Thu price over the last 2 weeks.
Average Fri & Sat price over the last 2 weeks.

KAYAK's top tips for finding Reykjavik hostel deals

  • If you’re looking for a cheap hostel in Reykjavik, you should consider going during the low season. You’ll generally find lower-priced hostels in Reykjavik in September and June.
  • Hostel room prices vary depending on many factors but you’ll likely find the best hostel deals in Reykjavik if you stay on a Thursday. The most expensive day for hostel bookings is Tuesday.
  • If you want to ensure you grab a bargain, try to book at least 87 days before your stay to get the best price for a Reykjavik hostel.

FAQs when booking a hostel in Reykjavik

  • What are the best hostels near Sundhollin?

    Sundhollin is a popular area in Reykjavik and there are many hostels closeby. Check out Nordic Hostel or Hostel B47 for hostels recommended by KAYAK that are within walking distance of Sundhollin.

  • Is it cheaper to stay in a hostel than in a hotel in Reykjavik?

    The average price for a night in a hostel in Reykjavik is $88 compared to $301 for a night in a hotel.

Where to find the best hostels in Reykjavik?

Our map will help you find the perfect hostel in Reykjavik by showing you the exact location of each hostel

What Reykjavik hostel guests are talking about

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