Cheap Hotels & Resorts in Myvatn from AU$160

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Best Myvatn Cheap Hotels

Sel Hotel Mývatn

3.5 star property
9.4 out of 10, Exceptional, (348)
"They had fun activities like darts and pool, and the beer they brew was excellent. The breakfast was also delicious. Our room was so comfy and spacious. Great stay, we highly recommend it. "
The price is AU$205
includes taxes & fees
13 Dec - 14 Dec
Sel Hotel Mývatn

Fosshotel Myvatn

3.0 star property
9.4 out of 10, Exceptional, (656)
"This is our second Foss Hotel we stayed at on this trip. We booked another Foss because the first one was so great. Thus one was even better. Again, a warm welcome and a welcome warmth after a long day on the road. The room was beautiful and had everything we needed. "
Fosshotel Myvatn

Dimmuborgir Guesthouse

3.0 star property
8.6 out of 10, Excellent, (207)
"The host left our key and directions to our cabin at the check in. We were pleasantly surprised by a larger cabin than we had booked. We didn’t see the host until we checked out two days later. The kitchen was functional. No towels were provided for bathing. The northern lights were visible both nights we were there. "
The price is AU$160
includes taxes & fees
30 Nov - 1 Dec
Dimmuborgir Guesthouse

Hlíd Hostel

1.5 star property
7.4 out of 10, Good, (33)
"The place was very clean, and it was easy to check-in. The kitchen was big and well furnished, but got a bit disappointed seeing there wasn’t cooking oil, salt or pepper. The bunk beds were comfortable enough, but the lack of privacy curtains was a bit off putting. I got to sleep in my room alone, so it’s not too bad, but I wouldn’t like having strangers come and go and just see me sleep. Finally, I feel like the blanket fee is a bit deceiving. While it is mentioned on Expedia, it’s like 1500...
The price is AU$348
includes taxes & fees
8 Dec - 9 Dec
Hlíd 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

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Frequently asked questions

What is Myvatn like for travellers on a budget?
Myvatn has cheap accommodation options and a variety of places to visit, making it a great getaway spot for budget travellers. You can find ways to save money while getting to know this destination, which is home to attractions such as Lake Myvatn, Myvatn Nature Baths and Dimmuborgir.
What's the best place to stay on a budget in Myvatn?
Based on our traveller reviews, Hlíd Hostel is a top choice for a less expensive stay.
How many cheap hotels will I find in Myvatn?
Expedia has 5 hotels in Myvatn that are ideal if you are watching your pennies.
When is the best time for a budget trip to Myvatn?
Weather is probably a major factor when you plan your trip to Myvatn, 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 8°C, while the coldest months are December and January, with an average of -3°C. Average annual precipitation for Myvatn is 1367 mm.
What is there to see and do in Myvatn?
Myvatn attracts visitors with its fantastic dining options and lakeside setting, and offers plenty to see and do without spending a fortune. You can budget for the local attractions that interest you most, and then fill your itinerary with sights that cost very little. If you’re eager to get outdoors, you can enjoy the natural setting at Lake Myvatn, Myvatn Nature Baths or Dimmuborgir.
How can I get to Myvatn and get around on a budget?
Scoping out the transportation options in Myvatn is a smart way to keep your trip affordable. The most convenient airport is Akureyri (AEY), 30.2 mi (48.6 km) away. Myvatn might not have very many public transport choices so a car rental could be an economical alternative to explore more of the area.