Which district in Reykjavik is cheapest to stay in?
In Reykjavik, the cheapest district to stay in is South Reykjavik, at a median asking price of $192 a night, and the priciest is Hafnarfjordur at $217 (latest scan 25 October 2026). The ranking covers 3 districts, each priced by at least 5 places on all 71 nights from 13 November 2026 to 22 January 2027, read on 25 October 2026.
Measured by Bed&Market (bedandmarket.com) from 208 places checked, read 25 October 2026 07:21 UTC.
Updated
Districts ranked by median asking price
In Reykjavik, Hafnarfjordur asks a median $217 a night, +13% against $192 in South Reykjavik, the cheapest of 3 districts compared on the same 71 nights.
| District | Median a night | Middle half | Nights | Places | Guest score | 4–5★ |
|---|---|---|---|---|---|---|
| South Reykjavik | $192 | $165–$341 | 71 | 12 | 8.8 (9) | 55% of 11 |
| Reykjavík City Center | $202 | $155–$282 | 71 | 233 | 8.7 (227) | 49% of 228 |
| Hafnarfjordur | $217 | $162–$262 | 71 | 11 | 8.3 (11) | 38% of 8 |
- A district is the area name Agoda gives a place (the first part of its address line), not an official boundary; names are printed as Agoda writes them, without a leading district number.
- A night counts for a district when at least 5 of its places showed a price.
- Every district is compared on the same 71 nights, the ones on which all of them counted: districts join in order of nights counted, and one that would leave fewer than 36 shared nights is left out rather than compared on other nights. A district's figure is the median of its nightly medians over those nights, and the middle half is the median of the nightly 25th and 75th percentiles.
- Places: every place in the district priced on those nights. Guest score: the median Agoda review score (out of 10) of those places, places scored in brackets. 4–5★: the share of the places with a star rating that hold 4 stars or more.
A dash means fewer than 5 of the district's places carry a score or a star rating. Many-star hotels cluster in a few districts, so a district's median also says which kind of places stand there.
Cheapest district with a guest score of 8 or more
The cheapest district in Reykjavik whose places hold a median guest score of 8 or more is South Reykjavik: a median $192 a night, score 8.8 across 9 scored places.
| District | Median a night | Guest score | Places scored |
|---|---|---|---|
| South Reykjavik | $192 | 8.8 | 9 |
| Reykjavík City Center | $202 | 8.7 | 227 |
| Hafnarfjordur | $217 | 8.3 | 11 |
Guest scores are Agoda's review scores out of 10; a score says nothing about the price.
Friday and Saturday against Monday to Thursday, by district
The biggest weekend difference in Reykjavik is in Reykjavík City Center: Friday and Saturday nights ask a median $214 against $192 Monday to Thursday (+12%), over 21 and 40 nights.
| District | Fri + Sat | Mon – Thu | Difference | Nights (Fri + Sat / Mon – Thu) |
|---|---|---|---|---|
| Reykjavík City Center | $214 | $192 | +12% | 21 / 40 |
| South Reykjavik | $198 | $187 | +6% | 21 / 40 |
| Hafnarfjordur | $228 | $223 | +2% | 21 / 40 |
The town page's weekend rule, district by district, over the ranking's 71 shared nights: Sunday nights sit in neither group, and a district needs at least 3 nights on each side.
What was measured
Nights measured in Reykjavik: 71, from 13 November 2026 to 22 January 2027; each with at least 30 places showing a price.
- Up to 208 places checked per night; a place with no price that night (sold out or closed) is counted but carries no price.
- Places with an Agoda area name: 284 of the 284 priced on these nights; only those are placed in a district.
- Prices in USD, as shown on the day each night was read, on 25 October 2026.
- Asking prices seen while searching for one night: not prices paid, and not a forecast.
Source: asking prices for one night, read from public search results on the scan date; not prices paid, and not a forecast. How we measure →