The 10 best cheap hotels in Ólafsvík, Iceland | Booking.com
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Cheap hotels in Ólafsvík

Find the cheap hotels that appeal to you the most

The best cheap hotels in Ólafsvík

Check out our pick of great cheap hotels in Ólafsvík

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Við Hafið Guesthouse

Ólafsvík

Located along the coastline, Við Hafið Guesthouse offers accommodation in Ólafsvík. Guests can benefit from free WiFi. Rooms feature either a view of the sea or mountains.

A
Andrea
From
Serbia
We liked everything here! This is a great guesthouse, has enough bathrooms separated by male and female, big kitchen that has everything you need for any type of meal prep. Rooms have small sink, table with chairs and place for jackets. Easy self check-in, right next to the main road, bunch of parking spots, some food shops like pizza and similar that you can buy, Orkan right next to the building. We loved it here and would recommend 10/10.
Scored out of 10, guest rating 8.6
Fabulous - What previous guests thought, 1,402 reviews
Price from
US$146.01
1 night, 2 adults

Olafsvik Guesthouse

Ólafsvík

Located in Ólafsvík, Olafsvik Guesthouse features a shared lounge. This guest house provides free private parking and a shared kitchen.

Y
Yen Chun
From
Taiwan
The rooms are really nice, but if there are other guests you need to share kitchen and bathroom with them.
Scored out of 10, guest rating 8.3
Very good - What previous guests thought, 330 reviews
Price from
US$144.93
1 night, 2 adults

Bikers Paradise Olafsvik

Ólafsvík

Bikers Paradise Olafsvik is situated in Ólafsvík and offers a shared lounge. This guest house features free private parking, a shared kitchen and free WiFi.

Y
Yariv
From
Israel
Great location, Good kitchen, clean facilities
Scored out of 10, guest rating 8.5
Very good - What previous guests thought, 618 reviews
Price from
US$191.31
1 night, 2 adults

Hotel Vest Mar

Ólafsvík

Hotel Vest Mar welcomes you to the charming fishing village of Ólafsvík, offering a cozy and relaxing stay just minutes from Snæfellsjökull National Park.

M
Meital Tali
From
Israel
There was a kitchen. Beds were comfort
Scored out of 10, guest rating 8.4
Very good - What previous guests thought, 362 reviews
Price from
US$216.82
1 night, 2 adults

Aurora cozy Apartments

Ólafsvík

Located in Ólafsvík in the West Iceland region, Aurora cozy Apartments provides accommodation with free WiFi and free private parking. The property features mountain and garden views.

A
Andrzej
From
Poland
The place is very nice, clean, and perfectly equipped. The owners are very nice and friendly. Location is great, one can take a short walk to enjoy one of the views of the waterfall in the vicinity. The place is very quiet. We really enjoyed the stay.
Scored out of 10, guest rating 8.5
Very good - What previous guests thought, 46 reviews
Price from
US$289.86
1 night, 2 adults

The Freezer Hostel & Culture Center

Hellissandur (Near Ólafsvík)

Situated on western Iceland’s Snaefellsnes Peninsula, this former fish processing factory has been converted into a professional theatre and artsy hostel. Free WiFi access is available throughout.

P
Phoebe
From
Germany
The Freezer Hostel is probably one of the coolest places I’ve stayed at in Iceland! It’s beautifully decorated with a lot of art and characters, even the rooms are covered in art! The rooms were nice, beds comfy and the kitchen was pretty well equipped- you’ll find everything you need. The staff is super friendly, happy to tell you all the fun stories about the places or help you plan your day.
Scored out of 10, guest rating 8.1
Very good - What previous guests thought, 1,238 reviews
Price from
US$138.79
1 night, 2 adults

Adventure Hotel Hellissandur

Hellissandur (Near Ólafsvík)

Adventure Hotel Hellissandur in Hellissandur features 3-star accommodation with a terrace, a restaurant and a bar. Guests can have a drink at the snack bar.

G
Gemma
From
United Kingdom
Amazing location, perfect to drive to various places in the national park. Went for a drive in the evening and saw the northern lights. When we came back they were above us at the hotel! Fab hotel, wonderful staff, great breakfast and great rooms.
Scored out of 10, guest rating 8.3
Very good - What previous guests thought, 638 reviews
Price from
US$316.53
1 night, 2 adults

Gamla Rif

Snæfellsbær (Near Ólafsvík)

Gamla Rif provides rooms in Snæfellsbær. This guest house offers air-conditioned accommodation with a terrace and free WiFi.

M
Maria
From
United Kingdom
The property was situated in an absolutely beautiful setting. The kitchen was spotlessly clean , well equipped and big enough to share. There was a large sitting room area where people could socialise if they wished . There was a downstairs toilet and a shower room with toilet upstairs , so more than adequate for the people staying . We visited the Freezer hostel nearby for a music evening which was great fun, this was advertised in the guesthouse. Our bedroom was very clean and very comfortable. The bed was absolutely huge. At the time we were staying Arctic Terns had arrived. This area is one of the largest habitations of these birds in Iceland.
Scored out of 10, guest rating 7.9
Good - What previous guests thought, 437 reviews
Price from
US$888.89
1 night, 2 adults

Peninsula Suites

Hellnar (Near Ólafsvík)

Peninsula Suites is located in Hellnar. This property offers access to a balcony, free private parking and free WiFi.

From
China
It’s like a forbidden from the city near by the sea,which is not famous,has less people. The room is new and clean, everything are clean although ppl cook in the room, it still fresh. We can be very calm to stayed here, however we can only cook here, we are very happy to do it,it is a good experience to dine in the room face to the beach, we also chose to dine the canteen nearby.
Scored out of 10, guest rating 9.8
Exceptional - What previous guests thought, 134 reviews
Price from
US$452.19
1 night, 2 adults

Kambur Cottages

Snæfellsbær (Near Ólafsvík)

Kambur Cottages has sea views, free WiFi and free private parking, situated in Snæfellsbær. With mountain views, this accommodation features a terrace. The guest house features family rooms.

K
Kheng
From
Australia
Kitchen was well equipped and allowed us to make a few meals. Beds were comfortable. Beautiful natural surroundings. Laundry room available with a dryer which was excellent.
Scored out of 10, guest rating 9.1
Superb - What previous guests thought, 97 reviews
Price from
US$354.90
1 night, 2 adults
All cheap hotels in Ólafsvík

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.

Most booked cheap hotels in Ólafsvík and surroundings in the past month

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Cheap hotels that guests love in Ólafsvík

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  • Avg. price/night: US$114.79
    Scored out of 10, guest rating 8.3
    Very good - What previous guests thought, 330 reviews
    We liked the town of Ólafsvik for its location and the Sker restaurant. The rooms are clean and comfortable.
    Guest review by
    Grelinette
    Family with young children
  • Avg. price/night: US$155.48
    Scored out of 10, guest rating 8.6
    Fabulous - What previous guests thought, 1,402 reviews
    It was very quiet and very clean. The staff was super helpful and nice. The kitchen is well equipped and the whole house seems quite new.
    Guest review by
    Eva
    Young couple
  • Avg. price/night: US$155.48
    Scored out of 10, guest rating 8.6
    Fabulous - What previous guests thought, 1,402 reviews
    • Well equipped guesthouse • Spacious kitchen to share with a beach view • Washer & dryer available, since many places in Iceland don’t have that. (Isk 8000) • Very clean room • Several toilets and shower to share, didn’t have to wait for one even the guesthouse was pretty full • Staff are helpful :) • Location is great • Do note there are strict rules about not using the common kitchen, washer and dryer after 9/10pm. Since the common area is close to other guests room.
    Guest review by
    Jackie
    People with friends
  • Avg. price/night: US$155.48
    Scored out of 10, guest rating 8.6
    Fabulous - What previous guests thought, 1,402 reviews
    Tidy, very clean and comfortable. we were surprised how good it was given the description as a hostel. In some countries hostels can be poor but not in Iceland it seems. The only minus was that the heating made the room very hot and not ideal for sleeping but the beds were very comfortable. If you are thinking of staying in Olafsvik, this is a great option!
    Guest review by
    Ken
    Young couple