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The best cheap hotels in Ólafsfjörður

Check out our pick of great cheap hotels in Ólafsfjörður

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Superb: 9+ Very good: 8+ Good: 7+ Pleasant: 6+
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The Northern Comfort Inn is a self-catering establishment with free Wi-Fi and a private bathroom with shower in every room.

Guests can either bring their own food to enjoy on the premises or go out to restaurants and coffee houses nearby.

The property had all we needed. Excellent large shared kitchen which looks to have been built to support a restaurant. Large shared area for eating and relaxing. All the plates, cutlery, etc that you would need for meals. Industrial sanitizing dishwasher, so you can be assured the dishes are clean. Automatic espresso/coffee machine. Quiet sitting room upstairs. Good books on Iceland in the sitting areas, including books in birds. Tesla charger outside (but you can charge at the local pool for free if you have the correct charge cable for your car). Staff was super helpful! The room was very comfortable, washroom was excellent. We had lots of space in the room. The shared spaces in this building encourage interaction with other guests. It was very quiet when we were there. Highly recommended. Would definitely go back!

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8.9
Fabulous
298 reviews
Price from
£170
per night

Set in central Ólafsfjördur, this guest house overlooks the Eyjafjördur Fjord. It offers rooms with modern décor and views of the surrounding mountains.

Gistihús Jóa's rooms feature wooden floors and wash basins. Guests have access to shared bathroom facilities, as well as a common area with a fridge and electric kettle.

The facility had everything I needed. It has a good location. The owners are very nice and they reply very quickly.

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8.2
Very good
125 reviews
Price from
£90
per night

Featuring river views, Hidden Cottages in Kvíabekkur offers accommodation and a garden. This property offers access to a patio and free private parking. The accommodation features a hot tub, free WiFi throughout the property and family rooms.

This is a really lovely place. We like the cosy cottage, which is also spacious. The hot tub with a beautiful view over the mountains. And we liked the warm welcome from Lea, the host. We definitly come back!

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9.3
Superb
24 reviews
Price from
£426
per night

Looking for a cheap hotel?

For those on a budget, these cheap and cheerful hotels still have a lot to offer, with most offering WiFi and convenient locations. Popular with backpackers, many properties can be found in central locations and include comfortable rooms with private or shared bathrooms. You’ll also find a number of options which feature a 24-hour front desk and luggage storage.
Search cheap hotels in Ólafsfjörður

Cheap hotels that guests love in Ólafsfjörður

  • Avg. price/night: £204.32
    8.5
    Scored 8.5
    Very good
    Rated very good
     · 592 reviews
    We loved the most the location, the hot tub and how quiet it was to just relax and enjoy 😁
    Wiktoria
    Family with young children
  • Avg. price/night: £204.32
    8.5
    Scored 8.5
    Very good
    Rated very good
     · 592 reviews
    The location and amazing views, the hot tub 😄
    lucrecia
    Young couple
  • Avg. price/night: £120.33
    8.2
    Scored 8.2
    Very good
    Rated very good
     · 125 reviews
    The facility had everything I needed. It has a good location. The owners are very nice and they reply very quickly.
    Zofia
    Solo traveller
  • Avg. price/night: £204.32
    8.5
    Scored 8.5
    Very good
    Rated very good
     · 592 reviews
    Superb location Lovely log cabin Clean and tidy- very well equipped Hot tub is excellent Would stay again without hesitation Cabin is small but that is part of the charm Good value
    SUDIPTA
    Family with young children
  • Avg. price/night: £169.70
    8.9
    Scored 8.9
    Fabulous
    Rated fabulous
     · 298 reviews
    the house was very well decoated. very clean and new. which was suprised us a lot. there was few room rent out that night so we have plenty of public space to enjoy. the facilities inside was amazing. there is a landry for free use which is quite a lot good comments. there is a big room on ground flour snooker table for free use as well. what amazed us most was the super big and fully equiped kitchen!!
    Ying
    Young couple
  • Avg. price/night: £204.32
    8.5
    Scored 8.5
    Very good
    Rated very good
     · 592 reviews
    The Location and the bungalow were amazing. It’s perfect to see the northern light in the hot tub.
    Aurora
    Young couple
  • Avg. price/night: £169.70
    8.9
    Scored 8.9
    Fabulous
    Rated fabulous
     · 298 reviews
    Excellent stay - clean, comfortable, very nice staff. Very affordable
    HÓ Iceland
    Young couple
  • Avg. price/night: £169.70
    8.9
    Scored 8.9
    Fabulous
    Rated fabulous
     · 298 reviews
    Location to Dalvik(20mins), staff were incredibly helpful. Place was clean.
    Simon
    Solo traveller
  • Avg. price/night: £120.33
    8.2
    Scored 8.2
    Very good
    Rated very good
     · 125 reviews
    Basic but very good. Klara guesthouse offers self-check in, rooms were spotlessly clean. Good hot shower and a small kitchen that is well-equipped. A great place to overnight if you need a break from the tent/are going to see the whales in dalvik the following morning. Communication from the host was very reactive. Our stay was exactly what we needed 😀
    Rebecca
    Young couple
  • Avg. price/night: £120.33
    8.2
    Scored 8.2
    Very good
    Rated very good
     · 125 reviews
    Nice guesthouse, good location, perfect for a night on a roadtrip. Very nice cafe and the owner is very friendly
    Judith
    Solo traveller
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