The most cost effective accommodation is self-catering in a rorbu (fisherman’s cabin). It will also enable us to eat at times more suitable to our schedule plus help keep costs down. The large living areas give us space in the evening to review and discuss the days photography and plan the following day.
From an initial search there appears to be a number of these scattered around the Islands and in larger towns.
Eliassen Rorbuer has 35 cabins that sleep 3 to 5 people (a mix of double / single / bunk beds). The cabins are renovated and have one or two bedrooms, a fully equipped kitchen, big living and dining room, bathroom with shower and free WiFi access. There is also a restaurant on site for any nights we don't fancy cooking.
Based on 2016 prices, the cost for 7 night’s incl. towels, linen and cleaning on departure is £600-£800 per cabin in low season, £150-£200 per person depending on the type of cabin and the number sharing.
You can read reviews from other travelers here.