Bus Hostel Reykjavik

In the airport-bus terminal building, private rooms from about US$70

Hours: Check-in 15:00 / check-out 10:00
Per night (approx.): 약 9,600~11,600 ISK
Address: Skógarhlíð 10, 105 Reykjavík

Exactly what the name says: rooms attached to a bus terminal building. That makes early departures and late airport-bus arrivals painless. There's a shared kitchen and lounge for cooking your own meals. Downtown is about 15 minutes on foot, a bit far for constant back and forth.