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The best cheap hotels in Lake Myvatn

Check out our pick of great cheap hotels in Lake Myvatn

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Superb: 9+ Very good: 8+ Good: 7+ Pleasant: 6+
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Fosshotel Mývatn is located next to Lake Mývatn, 6.8 km to the Mývatn Nature Baths. The hotels provides free WiFi and free private parking. Guests can enjoy drinks from the bar and food at the restaurant with a lake view. Breakfast and dinner was great! Nice staff, perfect room

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9.1
Superb
1,404 reviews
Price from
US$259
per night

This hotel is quietly situated 2 km from Lake Mývatn and 30 minutes’ drive from the Godafoss Waterfall and Krafla Crater. It offers free Wi-Fi and rooms with modern furnishings.

A flat-screen satellite TV, electric kettle and seating area can be found in all Hótel Laxá rooms. Free toiletries and a hairdryer are provided in the bathrooms. The hotel was super good. Clean room,comfortable, super beautiful.

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9.1
Superb
1,783 reviews
Price from
US$172
per night

A recently renovated villa located in Geiteyjarstrond, Myvo The House Geiteyjarströnd 4 features a garden. This beachfront property offers access to a balcony, free private parking and free WiFi. The property is non-smoking and is set 9 km from Myvatn Nature Baths. The very comfortable home from home, accommodation. Plenty of space for four people to spread out and enjoy the view across the lake. The close proximity to the amazing geological sites was a real bonus. The laundry facilities were excellent and we made good use of them.

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9
Superb
106 reviews
Price from
US$701
per night

Boasting garden views, Myvo The Studio apartment at Geiteyjarströnd 4 offers accommodation with a garden, around 48 km from Godafoss Waterfall. This beachfront property offers access to a terrace, free private parking and free WiFi. The property is non-smoking and is set 9 km from Myvatn Nature Baths. The location was excellent and the view of the lake was stunning. The suite was beautifully decorated. We appreciated the washing machine.

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9.3
Superb
119 reviews
Price from
US$405
per night

Overlooking Lake Mývatn, this camping site offers cottages with wooden floors, a private bathroom and a terrace. Krossdalur Golf Course is 500 metres away, and Reykjahlíd village is 1 km from the cottages. Location, spacious very good for a family stay.

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9.3
Superb
111 reviews
Price from
US$313
per night

Situated in Myvatn and only 6.5 km from Myvatn Nature Baths, Slow Travel Mývatn - Þúfa - Private Homestay features accommodation with lake views, free WiFi and free private parking. The property has garden views. Outdoor seating is also available at the apartment. Everything about this homestay was amazing, the location ,bird sanctuary, amazing colours of the plants all around the house, Beautifully decorated inside and out, you could not but love staying in this beautiful homestay, We had beautiful freshly baked bread waiting when we arrived, This is a must stay if you are visiting Myvatn, There was 4 of us staying and we all loved loved it, Lovely balcony.

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9.2
Superb
96 reviews
Price from
US$266
per night

Featuring mountain views, Mývatn apartments provides accommodation with balcony, around 4.5 km from Myvatn Nature Baths. This property offers access to a terrace, free private parking and free WiFi. Each room has a patio with views of the garden. Very responsive host. Excellent location being proximal to the Nature Baths and crater. The accommodation was very clean and spacious. Great pillows and duvets. We loved our time there and did not want to go!

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9.4
Superb
50 reviews
Price from
US$369
per night

This hotel is situated on Lake Myvatn, 3.3 km from Myvatn Nature Baths. A number of amenities including a bar and free WiFi are featured. Boasting a 24-hour front desk, this hotel also provides a restaurant. Nice looking building. Great breakfast. Staff super polite, especially Sunny. Comfortable beds and pillows. Close to geothermal baths. Pricey Will love to come back

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8.9
Fabulous
2,041 reviews
Price from
US$169
per night

Offering a shared kitchen/lounge and mountain views, Skútustadir Guesthouse is set on a farm by the southern shore of Lake Mývatn. WiFi and parking are free.

The geothermally heated Mývatn Nature Baths are 18 km away. The surrounding area is popular for bird watching. Iceland’s premier whale watching location, Húsavík, is a 45-minute drive away. The breakfast was a typical Icelandic breakfast. They had little extras though like homemade rhubarb and orange lemon jam. Also they had a tea that was made from a herb that is found around there.

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8.8
Fabulous
1,938 reviews
Price from
US$125
per night

Situated by Lake Mývatn, this guest house offers basic rooms with shared facilities. The Mývatn Nature Baths is a 10-minute drive away. Free parking is available on site and the Ring Road is only a 3-minute drive away. Clean shared kitchen, clean shared bathroom, friendly staff

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8.4
Very good
1,476 reviews
Price from
US$108
per night

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