To Reykjavik

Cheap Flights from Madrid to Reykjavik

Browse current best options from Madrid. Become a member to unlock all deals and get alerts when new deals appear.

Deals from

Madrid

RatePunk searches hundreds of travel sites at once for deals on flights to Reykjavik

Prices updated 24 days ago

486,190 searches this week

171 airlines compared

80%+ AI score for best value

Fares are subject to change and may not be available for all dates. (Data last updated May 29, 2026.)

Today’s best flight deals from Madrid to Reykjavik

Explore current cheapest deals departing from Madrid to Reykjavik

Round trip

Sort by: Cheapest

November 19 - November 25

Cheapest

MAD - Reykjavik

$313

$185

Round trip

November 24 - November 27

MAD - Reykjavik

$323

$188

Round trip

November 10 - November 19

Earliest

MAD - Reykjavik

$309

$188

Round trip

November 17 - November 25

MAD - Reykjavik

$311

$190

Round trip

November 21 - November 25

MAD - Reykjavik

$322

$192

Round trip

November 13 - November 25

MAD - Reykjavik

$301

$194

Round trip

November 14 - November 25

MAD - Reykjavik

$303

$194

Round trip

November 19 - November 27

MAD - Reykjavik

$311

$197

Round trip

November 18 - November 25

MAD - Reykjavik

$312

$197

Round trip

December 6 - December 9

Best

MAD - Reykjavik

$357

$198

Round trip

Unlock all 500+ flight deals to Reykjavik and get alerts when great deals appear

Route Intelligence — 486,190 Searches this Week

Insights for flights from Madrid to Reykjavik

The journey from Madrid to Reykjavik covers a distance of 2885 kilometers, classifying it as a medium-haul route. For travelers seeking cheap flights from Madrid to Reykjavik, fares typically range from $199–$322, with a median of $262. Right now, current fares are above the typical level, and only 7% of recent fares were classified as a good price. New deals appear almost daily, suggesting frequent opportunities to find better prices.

When considering the cheapest time to fly from Madrid to Reykjavik, November stands out as the most affordable month, with a median fare of $173. Following closely, January offers a median fare of $180, and December presents a median of $184. These months offer significantly lower prices compared to the overall median for the route.

Most itineraries for this route connect at least once, with only 2.2% of recent fares being direct flights from Madrid to Reykjavik. For the majority of flights that include connections, the typical number of stopovers is 1. This indicates that travelers should expect to make at least one stop on their journey.

A typical journey from Madrid to Reykjavik takes about 10h 50m, including connections. This duration accounts for the fact that most itineraries involve at least one stopover, making the total travel time longer than a direct flight would be. Travelers should factor in this median journey time when planning their trip.

How much is a round trip from Madrid to Reykjavik

Regular price: $264 - $509

Prices for flights from Madrid to Reykjavik are currently below the regular range.

The regular price range for this route is between $264 and $509. The current lowest deal is $186 with Aero Services Executive, for travel from Nov 19 to Nov 25.

now $186

Low $264

High $509

The cheapest time to fly from Madrid to Reykjavik

The cheapest month to fly from Madrid to Reykjavik is November, with a median price of $173. The most expensive month is August, with a median price of $349. Prices are generally lower from January to December.

November

Cheapest

Flights from $173

August

Most Expensive

Flights from $349

Jan

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Direct flights from Madrid to Reykjavik

Iberia Express

Last-minute flights going from Madrid to Reykjavik

Wed, Sep 30

⌛ Last-Minute

MAD - Reykjavik

Madrid (MAD) - Reykjavik (KEF)

Iberia Express

$326

$220

One-way

Wed, Sep 30

⌛ Last-Minute

MAD - Reykjavik

Madrid (MAD) - Reykjavik (KEF)

Iberia Express

$295

$222

One-way

Tue, Oct 13

⌛ Last-Minute

MAD - Reykjavik

Madrid (MAD) - Reykjavik (KEF)

Ryanair

$287

$216

One-way

Tue, Oct 13

⌛ Last-Minute

MAD - Reykjavik

Madrid (MAD) - Reykjavik (KEF)

Ryanair

$292

$218

One-way

Tue, Oct 13

⌛ Last-Minute

MAD - Reykjavik

Madrid (MAD) - Reykjavik (KEF)

Ryanair

$272

$219

One-way

Wed, Oct 14

⌛ Last-Minute

MAD - Reykjavik

Madrid (MAD) - Reykjavik (KEF)

Aero Services Executive, easyJet UK

$269

$212

One-way

Biggest price drops on these dates for flights from Madrid to Reykjavik

3 nights

Dec 6 - Dec 9

$357 → $198

45%

5 nights

Dec 10 - Dec 15

$355 → $199

44%

6 nights

Dec 10 - Dec 16

$354 → $205

42%

2 nights

Dec 10 - Dec 12

$360 → $214

41%

Popular Airports to fly from Madrid to Reykjavik

Madrid - Reykjavik route insights

💸 Price insights

Recent fares are above the typical level

Recent fares for Madrid to Reykjavik are above the typical level over the last 90 days.

📅 Best time to fly

Fly in November for the best prices

Historically, November has offered the lowest median prices at $173 for Madrid to Reykjavik.

⏱️ Flight duration

Connecting flights take 10h 50m

The typical flight duration for connecting flights from Madrid to Reykjavik is 10 hours 50 minutes.

✈️ Airlines & availability

Connecting flights are dominant on this route

Connecting flights make up 97.8% of deals, with a median of 1 stopover.

🏆 Airline highlight

Iberia Express offers direct flights

Iberia Express is an airline that has historically offered direct flights on this route.

🎯 Booking tip

Good prices are uncommon

Only 7% of recent deals from Madrid to Reykjavik were considered good prices.

Madrid main airports to depart from

Adolfo Suárez Madrid–Barajas (MAD)

Cheapest

Adolfo Suárez Madrid–Barajas is a great choice for flights from Madrid to Reykjavik.

📍 ~15 km from city center (reachable by car or metro)

💸 Flights from ~$185

Reykjavik main airports to arrive at

Keflavík International (KEF)

Cheapest

Keflavík International Airport is a good option for flights to Reykjavik from Madrid.

📍 ~50 km from city center (reachable by car)

💸 Flights from ~$185

Reykjavík (RKV)

Reykjavík Airport is another choice for flights to Reykjavik from Madrid.

📍 ~2 km from city center (reachable by car)

💸 Flights from ~$512

Airports nearby Reykjavik used as alternative

Keflavík International (KEF)

Cheapest

Keflavík International is the primary international gateway for Iceland, offering an extensive network of flights.

📍 ~36 km from destination city (requires a shuttle or car transfer)

💸 Flights from ~$185

Reykjavík (RKV)

Reykjavík Airport is located directly within the city limits and is the primary hub for domestic travel.

📍 ~10 km from destination city

💸 Flights from ~$512

Akureyri (AEY)

Akureyri Airport serves as an alternative international entry point for Northern Iceland with reliable domestic connections.

📍 ~240 km from destination city (approximately 5 hours drive)

💸 Flights from ~$211

Egilsstaðir (EGS)

Egilsstaðir Airport is the main aviation hub for East Iceland and is often used as a diversion airport.

📍 ~300 km from destination city (7-8 hours drive)

💸 Flights from ~$527

Ísafjörður (IFJ)

Ísafjörður Airport is a key regional airport for the Westfjords region, primarily for domestic routes.

📍 ~200 km from destination city

💸 Flights from ~$856

Business & First Class Flight Deals to Reykjavik

Discover luxury on the budget with premium cabin class on flights from Madrid to Reykjavik.

Elite

Best Elite deals to Reykjavik

Exclusive daily First Class, Business Class, and Premium Economy flight deals, refreshed every 24 hours.

From MAD

Elite

Sep 30

Reykjavik, Iceland

90% AI deal score

$1,426

$766

Save $660

From MAD

Elite

Sep 30

Reykjavik, Iceland

89% AI deal score

$1,426

$794

Save $632

From MAD

Elite

Aug 11

Reykjavik, Iceland

87% AI deal score

$1,404

$873

Save $531

From MAD

Elite

Jul 07

Reykjavik, Iceland

86% AI deal score

$1,062

$666

Save $396

From MAD

Elite

Jul 14

Reykjavik, Iceland

86% AI deal score

$1,045

$676

Save $369

From MAD

Elite

Jun 28

Reykjavik, Iceland

85% AI deal score

$1,025

$686

Save $339

From MAD

Elite

Jul 07

Reykjavik, Iceland

85% AI deal score

$1,349

$873

Save $476

From MAD

Elite

Jul 14

Reykjavik, Iceland

85% AI deal score

$1,374

$873

Save $501

From MAD

Elite

Jul 07

Reykjavik, Iceland

85% AI deal score

$1,349

$873

Save $476

From MAD

Elite

Jun 28

Reykjavik, Iceland

85% AI deal score

$1,308

$873

Save $435

From MAD

Elite

Jul 14

Reykjavik, Iceland

85% AI deal score

$1,358

$873

Save $485

From MAD

Elite

Jul 07

Reykjavik, Iceland

84% AI deal score

$1,154

$770

Save $384

From MAD

Elite

Jul 07

Reykjavik, Iceland

82% AI deal score

$1,079

$770

Save $309

From MAD

Elite

Aug 25

Reykjavik, Iceland

82% AI deal score

$1,467

$1,041

Save $426

From MAD

Elite

Aug 25

Reykjavik, Iceland

82% AI deal score

$1,465

$1,042

Save $423

From MAD

Elite

Jul 14

Reykjavik, Iceland

77% AI deal score

$1,031

$781

Save $250

From MAD

Elite

Jun 28

Reykjavik, Iceland

77% AI deal score

$1,032

$793

Save $239

From MAD

Elite

Jun 28

Reykjavik, Iceland

77% AI deal score

$1,046

$793

Save $253

From MAD

Elite

Jun 28

Reykjavik, Iceland

77% AI deal score

$1,040

$793

Save $247

From MAD

Elite

Jul 11

Reykjavik, Iceland

76% AI deal score

$1,041

$819

Save $222

From MAD

Elite

Jul 15

Reykjavik, Iceland

76% AI deal score

$1,046

$831

Save $215

From MAD

Elite

Jul 04

Reykjavik, Iceland

76% AI deal score

$1,062

$843

Save $219

From MAD

Elite

Aug 25

Reykjavik, Iceland

76% AI deal score

$1,467

$1,134

Save $333

From MAD

Elite

Jul 07

Reykjavik, Iceland

75% AI deal score

$1,098

$913

Save $185

From MAD

Elite

Jul 11

Reykjavik, Iceland

75% AI deal score

$1,091

$923

Save $168

From MAD

Elite

Jul 18

Reykjavik, Iceland

75% AI deal score

$1,083

$924

Save $159

From MAD

Elite

Jun 27

Reykjavik, Iceland

75% AI deal score

$1,121

$938

Save $183

From MAD

Elite

Jun 28

Reykjavik, Iceland

75% AI deal score

$1,102

$940

Save $162

From MAD

Elite

Jul 04

Reykjavik, Iceland

75% AI deal score

$1,130

$950

Save $180

From MAD

Elite

Jul 08

Reykjavik, Iceland

74% AI deal score

$1,061

$910

Save $151

From MAD

Elite

Jul 07

Reykjavik, Iceland

74% AI deal score

$1,066

$913

Save $153

From MAD

Elite

Jul 07

Reykjavik, Iceland

74% AI deal score

$1,061

$913

Save $148

From MAD

Elite

Jul 08

Reykjavik, Iceland

74% AI deal score

$1,082

$927

Save $155

From MAD

Elite

Jul 14

Reykjavik, Iceland

74% AI deal score

$1,044

$927

Save $117

From MAD

Elite

Jul 01

Reykjavik, Iceland

74% AI deal score

$1,057

$938

Save $119

From MAD

Elite

Jul 04

Reykjavik, Iceland

74% AI deal score

$1,077

$950

Save $127

From MAD

Elite

Jul 04

Reykjavik, Iceland

74% AI deal score

$1,102

$950

Save $152

From MAD

Elite

Jul 22

Reykjavik, Iceland

73% AI deal score

$1,019

$923

Save $96

From MAD

Elite

Jul 14

Reykjavik, Iceland

73% AI deal score

$1,024

$927

Save $97

From MAD

Elite

Jul 15

Reykjavik, Iceland

73% AI deal score

$1,025

$937

Save $88

From MAD

Elite

Jun 27

Reykjavik, Iceland

73% AI deal score

$1,026

$938

Save $88

From MAD

Elite

Jun 28

Reykjavik, Iceland

73% AI deal score

$1,031

$940

Save $91

From MAD

Elite

Jun 28

Reykjavik, Iceland

73% AI deal score

$1,025

$940

Save $85

From MAD

Elite

Aug 26

Reykjavik, Iceland

73% AI deal score

$1,466

$1,327

Save $139

From MAD

Elite

Aug 25

Reykjavik, Iceland

73% AI deal score

$1,461

$1,328

Save $133

From MAD

Elite

Aug 25

Reykjavik, Iceland

73% AI deal score

$1,466

$1,328

Save $138

From MAD

Elite

Aug 25

Reykjavik, Iceland

73% AI deal score

$1,467

$1,328

Save $139

From MAD

Elite

Aug 26

Reykjavik, Iceland

72% AI deal score

$1,448

$1,329

Save $119

From MAD

Elite

Aug 27

Reykjavik, Iceland

71% AI deal score

$1,311

$1,151

Save $160

From MAD

Elite

Oct 22

Reykjavik, Iceland

71% AI deal score

$1,314

$1,280

Save $34

From MAD

Elite

Nov 07

Reykjavik, Iceland

70% AI deal score

$1,268

From MAD

Elite

Nov 07

Reykjavik, Iceland

70% AI deal score

$1,272

$1,268

Save $4

From MAD

Elite

Nov 26

Reykjavik, Iceland

70% AI deal score

$1,282

From MAD

Elite

Nov 04

Reykjavik, Iceland

70% AI deal score

$1,282

From MAD

Elite

Nov 24

Reykjavik, Iceland

70% AI deal score

$1,282

From MAD

Elite

Nov 21

Reykjavik, Iceland

70% AI deal score

$1,303

From MAD

Elite

Nov 14

Reykjavik, Iceland

70% AI deal score

$1,303

From MAD

Elite

Nov 07

Reykjavik, Iceland

70% AI deal score

$1,313

From MAD

Elite

Nov 26

Reykjavik, Iceland

70% AI deal score

$1,327

From MAD

Elite

Nov 24

Reykjavik, Iceland

70% AI deal score

$1,327

From MAD

Elite

Nov 04

Reykjavik, Iceland

70% AI deal score

$1,327

From MAD

Elite

Nov 21

Reykjavik, Iceland

70% AI deal score

$1,348

From MAD

Elite

Nov 14

Reykjavik, Iceland

70% AI deal score

$1,348

From MAD

Elite

Sep 22

Reykjavik, Iceland

70% AI deal score

$1,349

From MAD

Elite

Nov 22

Reykjavik, Iceland

70% AI deal score

$1,350

From MAD

Elite

Sep 18

Reykjavik, Iceland

70% AI deal score

$1,353

From MAD

Elite

Sep 18

Reykjavik, Iceland

70% AI deal score

$1,398

From MAD

Elite

Sep 18

Reykjavik, Iceland

70% AI deal score

$1,451

From MAD

Elite

Jul 27

Reykjavik, Iceland

70% AI deal score

$1,632

From MAD

Elite

Aug 29

Reykjavik, Iceland

70% AI deal score

$1,677

From MAD

Elite

Aug 26

Reykjavik, Iceland

70% AI deal score

$1,725

From MAD

Elite

Jul 28

Reykjavik, Iceland

70% AI deal score

$1,735

From MAD

Elite

Aug 01

Reykjavik, Iceland

70% AI deal score

$2,007

From MAD

Elite

Aug 26

Reykjavik, Iceland

70% AI deal score

$2,043

From MAD

Elite

Jul 30

Reykjavik, Iceland

69% AI deal score

$1,918

From MAD

Elite

Aug 26

Reykjavik, Iceland

69% AI deal score

$2,569

From MAD

Elite

Aug 28

Reykjavik, Iceland

69% AI deal score

$2,672

From MAD

Elite

Aug 19

Reykjavik, Iceland

68% AI deal score

$3,196

From MAD

Elite

Oct 21

Reykjavik, Iceland

45% AI deal score

$1,943

Frequently Asked Questions About Flights to Reykjavik

Historically, the best prices for flights from Madrid to Reykjavik are found when booking 60+ days in advance, with an average price of $243. Prices typically increase as the departure date approaches. For instance, flights booked 14-27 days out average around $277, while those booked 0-6 days before departure can average as high as $379. Planning ahead can lead to significant savings on this route.

Across the trailing quarter, a good price for a flight from Madrid to Reykjavik is considered to be $199 or less. The median price for this route historically stands at $262. Prices can vary, with 75% of observed flights priced at $322 or below. Travelers aiming for a budget-friendly trip should target prices around the $199 threshold.

Historically, the cheapest months to fly from Madrid to Reykjavik are November, with a median price of $173, and January, with a median price of $180. December also offers competitive prices, with a median of $184. These months typically present better value compared to the annual median price of $262 for this route. Planning your travel during these periods can help secure lower fares.

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