The 10 best cheap hotels in Ólafsvík, Iceland | Booking.com
Skip to main content

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

Filter by:

Review score

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.

I
Imran
From
Pakistan
Good host and guided on nearby attractions. They were very welcoming
Scored out of 10, guest rating 8.6
Fabulous - What previous guests thought, 1,397 reviews
Price from
US$145.83
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.

x
xiwei
From
France
Nice location and nice view. Very clear instruction from the owner.
Scored out of 10, guest rating 8.3
Very good - What previous guests thought, 329 reviews
Price from
US$144.75
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.

A
Aurore
From
France
I was welcomed by Inga and Oli, they are very kind and helpful ! The house is cosy, and we can find everything we want. We feels like home here. The room was clean and comfortable
Scored out of 10, guest rating 8.5
Very good - What previous guests thought, 614 reviews
Price from
US$191.07
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.

C
Christian
From
Switzerland
very easy handling, proper, clean, self check-in
Scored out of 10, guest rating 8.4
Very good - What previous guests thought, 361 reviews
Price from
US$216.55
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.

G
Gabriela
From
Slovakia
Very modern and clean apartment. It is easy to find. Definitely recommend if you are near. It is also only few minutes from beautiful waterfall.
Scored out of 10, guest rating 8.5
Very good - What previous guests thought, 46 reviews
Price from
US$289.50
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.

D
Deirdre
From
Ireland
Easy late check in, couldn't do laundry after a certain time (around 5-6pm) so worth knowing if anyone was planning on that. Comfy beds, good common room with lots of games. We were there in April so no gigs or anything on
Scored out of 10, guest rating 8.1
Very good - What previous guests thought, 1,238 reviews
Price from
US$138.61
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.

I
Ingi
From
Iceland
The room was clean, the staff there was nice and the breakfast was so good
Scored out of 10, guest rating 8.3
Very good - What previous guests thought, 634 reviews
Price from
US$316.13
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.

S
Sandra
From
Sweden
Very comfortable beds! Well equipped kitchen and good parking!
Scored out of 10, guest rating 7.9
Good - What previous guests thought, 442 reviews
Price from
US$887.78
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.

D
Dorota
From
Poland
Absolutely stunning apartment—this might be the most unique place we've ever stayed. From the breathtaking views of the sea and cliffs to the thoughtful design, we loved every minute! We slept like babies on the incredibly comfortable beds, and the shower was amazing, complete with such high-quality products. They truly think of every detail!! The space was super functional, we cooked ourselves a cozy dinner in the apartment and enjoyed the complimentary coffee in the morning. It was really easy to access, and the location couldn’t be better, it is close to the national park, seals, waterfalls, and even a glacier, all with stunning views over the ocean. We even saw a seal resting on the rocks just a minute from the apartment! This is such a unique spot, with total privacy and nature all around. Worth every single buck and we’ll definitely be back!!!
Scored out of 10, guest rating 9.8
Exceptional - What previous guests thought, 134 reviews
Price from
US$451.62
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, 96 reviews
Price from
US$360.39
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

See all

Cheap hotels that guests love in Ólafsvík

See all
  • Avg. price/night: US$114.64
    Scored out of 10, guest rating 8.3
    Very good - What previous guests thought, 329 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$155.29
    Scored out of 10, guest rating 8.6
    Fabulous - What previous guests thought, 1,397 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$155.29
    Scored out of 10, guest rating 8.6
    Fabulous - What previous guests thought, 1,397 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$155.29
    Scored out of 10, guest rating 8.6
    Fabulous - What previous guests thought, 1,397 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