Cheap Hotels & Resorts in Egilsstaðir from AU$159

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Best Egilsstaðir Cheap Hotels

Lake Hotel Gistihusid Egilsstadir

3.5 star property
9.0 out of 10, Wonderful, (342)
"Stately hotel in a beautiful location on the lake. Clean, comfortable and quiet. Don't miss the restaurant on site, the meals were truly the best we had in Iceland!"
The price is AU$301
includes taxes & fees
26 Nov - 27 Nov
Lake Hotel Gistihusid Egilsstadir

Hotel Hallormsstadur

3.5 star property
9.2 out of 10, Wonderful, (195)
"Great"
Hotel Hallormsstadur

Tehúsið Hostel

2.0 star property
9.2 out of 10, Wonderful, (51)
"Safe, clean, looks as advertised. Worth the money for what we got, we would book again if in the area "
The price is AU$159
includes taxes & fees
25 Nov - 26 Nov
Tehúsið Hostel
Lowest nightly price found within the past 24 hours based on a 1 night stay for 2 adults. Prices and availability subject to change. Additional terms may apply.
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Beautiful view of the beach with palm trees

Black Friday: Members save 30%+

Members save 30%+ on selected hotels until 4 Dec (property time) with our Black Friday deals. Stay by 15 Dec 2025.

Frequently asked questions

What is Egilsstaðir like for travellers on a budget?
Egilsstaðir has a variety of cheap accommodation options and places to visit, making it a budget-friendly holiday choice. You can find ways to save money while getting to know this destination, which is home to attractions such as East Iceland Heritage Museum, Vök Baths and Hengifoss.
What's the best budget-friendly accommodation in Egilsstaðir?
Based on our traveller reviews, Tehúsið Hostel is a top choice for a less expensive stay.
When is the best time for a budget trip to Egilsstaðir?
Weather will likely play an important role when you plan your trip to Egilsstaðir, but bear in mind that cheaper options are usually available when the weather isn’t as good. The hottest months are usually July and August, with an average temperature of 9°C, while the coldest months are December and January, with an average of -4°C. Average annual precipitation for Egilsstaðir is 1449 mm.
What is there to see and do in Egilsstaðir?
You don’t need to spend big to find things to see and do in Egilsstaðir. You can budget for the local attractions that interest you most, and then fill your itinerary with sights that are easy on the wallet. Take in the local culture at East Iceland Heritage Museum and Minjasafn Austurlands, or enjoy the area’s natural beauty at Hengifoss.
How can I get to Egilsstaðir and get around on a budget?
Scoping out the transportation options in Egilsstaðir can help keep you on budget. The most convenient airport is Egilsstadir (EGS), situated 0.7 mi (1.1 km) away. Egilsstaðir might not have very many public transport options so a car rental could be a reasonable alternative to explore more of the area.