A geothermal spa with a pool, wooden deck, and a modern building with large windows.

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Check availability on Myvatn Cheap Hotels

This weekend
Jul 31 - Aug 2
Next weekend
Aug 7 - Aug 9

Our top choices for Myvatn cheap hotels

Outdoor spa tub

Guesthouse Stöng and Cottages

Guesthouse Stöng and Cottages
2.5 star property
Myvatn
9.2 out of 10, Wonderful, (231 reviews)
"Loved the food - had a fantastic dinner and breakfast!!"
Canada
Sheila
The price is ₩296,723
₩338,712 total
includes taxes & fees
Aug 10 - Aug 11
Guesthouse Stöng and Cottages
Lounge

Hótel Laxá

Hótel Laxá
3.0 star property
Myvatn
9.2 out of 10, Wonderful, (809 reviews)
"Staff was amazing Hotel is modern and even has a ping pong table 10/10"
United States
Paul
The price is ₩452,462
₩511,550 total
includes taxes & fees
Aug 10 - Aug 11
Hótel Laxá
Front of property

Sel Hotel Mývatn

Sel Hotel Mývatn
3.5 star property
Myvatn
9.4 out of 10, Exceptional, (531 reviews)
"Excellent hotel, very friendly staff"
Canada
Chuyun
The price is ₩449,289
₩508,030 total
includes taxes & fees
Aug 26 - Aug 27
Sel Hotel Mývatn
Street view

Eldá Guesthouse

Eldá Guesthouse
3.0 star property
Myvatn
8.4 out of 10, Very Good, (169 reviews)
"It was clean, nice fealing accoimodation with functional kitchen. Simple accomodation, good for the price."
Canada
Yakov
The price is ₩260,222
₩298,104 total
includes taxes & fees
Aug 1 - Aug 2
Eldá Guesthouse
Living area

Vogar Travel Service

Vogar Travel Service
3.0 star property
Myvatn
8.4 out of 10, Very Good, (110 reviews)
"Easy parking, pretty clean rooms, pizza shop close"
United States
Michal
The price is ₩250,408
₩287,211 total
includes taxes & fees
Aug 29 - Aug 30
Vogar Travel Service
Sundeck

Dimmuborgir Guesthouse

Dimmuborgir Guesthouse
3.0 star property
Myvatn
8.6 out of 10, Excellent, (255 reviews)
"The location is excellent"
Canada
Wenxin
The price is ₩347,060
₩394,492 total
includes taxes & fees
Aug 17 - Aug 18
Dimmuborgir Guesthouse
Exterior

Mývatn - Berjaya Iceland Hotels

Mývatn - Berjaya Iceland Hotels
3.5 star property
Myvatn
9.2 out of 10, Wonderful, (811 reviews)
"Hotel is easy to find and close to most of attractions. Good location."
Canada
Anita
The price is ₩488,807
₩551,895 total
includes taxes & fees
Jul 31 - Aug 1
Mývatn - Berjaya Iceland Hotels
Front of property

Vogahraun 4

Vogahraun 4
3.0 star property
Myvatn
8.6 out of 10, Excellent, (104 reviews)
"This is a budget property - almost hostel style (bunch of rooms in a manufactured home unit) with attached bathrooms. It’s surrounded by a camper parking area, a private parking area for cars with sleeping pads on top, … It does not have a front desk staff or free breakfast or even restaurant. It wouldn’t be my first choice. If you are a student, this might work for you."
United States
Sudhir
The price is ₩350,958
₩398,821 total
includes taxes & fees
Aug 26 - Aug 27
Vogahraun 4
Economy Cabin, Shared Bathroom (For 2) | Cribs (free), bed sheets

Hlid Huts

Hlid Huts
2.0 star property
Myvatn
8.2 out of 10, Very Good, (21 reviews)
"Hlid Hut was an amazing stay. Spectacular views, comfortable huts that were warmer than I expected. Facilities were the best of any campsite we've ever stayed at. The shower was the best we had of any camp & of many hotels. Highly recommend 11/10"
Canada
Charlotte
The price is ₩270,315
₩341,437 total
includes taxes & fees
Aug 27 - Aug 28
Hlid Huts
Exterior

Vogafjós Guesthouse

Vogafjós Guesthouse
2.0 star property
Myvatn
9.2 out of 10, Wonderful, (528 reviews)
"Kindness, friendliness & effectiveness of stuff, level of organization, tidiness and maintenance of the property and guest room, as well as the restaurant were all beyond our expectations. Dinner was great, especially the special for two: taste and freshness went together that left us deep impression."
United States
Po
The price is ₩460,683
₩520,677 total
includes taxes & fees
Aug 3 - Aug 4
Vogafjós Guesthouse
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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Top Myvatn Hotel Reviews

Frequently asked questions

What is Myvatn like for travelers on a budget?
Myvatn has cheap accommodation options and a variety of places to visit, making it a great vacation choice for budget-conscious travelers. You can find ways to save money while getting to know this destination, which is home to attractions like Lake Myvatn, Dimmuborgir, and Myvatn Nature Baths.
What's the best budget-friendly accommodation in Myvatn?
Based on our traveler reviews, Hlíd Hostel is a top choice for a less expensive stay.
When is the best time for a budget trip to Myvatn?
Weather is probably a major factor when you plan your trip to Myvatn, and keep 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 temp of 47°F, while the coldest months are December and January with an average of 26°F. Average annual precipitation for Myvatn is 54 inches.
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 make time for sights and activities that cost little or nothing at all. If you're eager to get outdoors, you can enjoy the natural setting at Lake Myvatn, Dimmuborgir, or Myvatn Nature Baths.
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 nearest airport is Akureyri (AEY), 30.2 mi (48.6 km) away. Myvatn might not have many public transportation choices so renting a car could be an economical alternative to explore the area.