Top 3 Hostels and Budget Stays in Lake Mývatn Area

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A breathtaking aerial view of Lake Mývatn and its craters in Iceland, showcasing unique geological formations.
Miles Rothoerl, Pexels

The Lake Mývatn Area provides a few excellent choices for budget-conscious travelers, including hostels and guesthouses that foster a welcoming, communal atmosphere without being overly focused on nightlife.

1. Hlid Hostel

Type: Hostel

Nestled close to Lake Mývatn amidst a lava field, Hlid Hostel offers a comfortable and clean stay. The hostel features spacious dormitory rooms and cottages, with access to well-maintained shared bathrooms and a large, fully equipped communal kitchen. This expansive kitchen and dining area often becomes a lively spot for guests to cook meals, share stories, and connect with other travelers after a day of exploring the area's geological wonders.

2. Vogar Travel Service

Type: Guesthouse / Campground

Located by Lake Mývatn, Vogar Travel Service provides basic rooms with shared facilities in a relaxed setting. It boasts a fantastic common area and a well-equipped kitchen where guests can prepare their own food, with designated fridge space for each room. The guesthouse's proximity to a pizzeria also offers a convenient dining option. It's a great spot for those looking for a laid-back base with opportunities for casual social interactions.

3. Eldá Guesthouse

Type: Guesthouse

Situated within walking distance of Lake Mývatn, Eldá Guesthouse offers functional rooms with shared bathroom facilities and access to kitchen amenities. The atmosphere is clean and welcoming, providing a quiet place to unwind after exploring. As it is part of the Hlíð Ferðaþjónusta complex, it shares a similar ethos of comfort and convenience for independent travelers.