The 10 best cheap hotels in Panama City, Panama | Booking.com
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Cheap hotels in Panama City

Find the cheap hotels that appeal to you the most

The best cheap hotels in Panama City

Check out our selection of great cheap hotels in Panama City

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Looking for a cheap hotel?

For those trying to save, these fun, budget hotels still have lots to offer, from Wifi to convenient locations. Popular with backpackers, many properties are set in central areas and include comfortable rooms with private or shared bathrooms. You’ll also find loads of options that feature 24-hour front desks and luggage storage.

Most booked cheap hotels in Panama City and surrounding area in the past month

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Stay connected in Panama City and nearby. Cheap hotels with free Wifi

  • Scored out of 10, guest rating 8.6
    Excellent - What previous guests thought, 384 reviews

    Located in the Marbella district in Panama City, 1.9 mi from Canal Museum of Panama, El Machico Hostel features a swimming pool and free WiFi throughout the property.

    From $49.50 per night
  • Scored out of 10, guest rating 7.8
    Good - What previous guests thought, 854 reviews

    Hostal Yoha provides accommodations within a few steps of the center of Panama City, with free Wifi and a kitchen with an oven, a microwave, and a toaster.

    From $44.28 per night
  • Scored out of 10, guest rating 8.5
    Very Good - What previous guests thought, 20 reviews

    Yoo Panamá by Boutique Apartments offers a sauna and spa facilities, as well as air-conditioned accommodations in the center of Panama City, 3.6 miles from Ancon Hill.

    From $189.47 per night
  • Scored out of 10, guest rating 8.4
    Very Good - What previous guests thought, 2,740 reviews

    Set in a striking 66-story tower overlooking Panama’s oceanfront, Hotel Panama Megapolis features a spa, outdoor pool, also 2 restaurants, 3 bars and free WiFi.

    From $234.06 per night
  • Scored out of 10, guest rating 8.4
    Very Good - What previous guests thought, 1,563 reviews

    Featuring a garden, a shared lounge as well as a terrace, Bodhi Panama City is located in the center of Panama City, 4 miles from Ancon Hill.

    From $50.88 per night
  • Scored out of 10, guest rating 7.0
    Good - What previous guests thought, 5 reviews

    Yoo by Wynwood House features accommodations within 500 yards of the center of Panama City, with free Wifi and a kitchen with a dishwasher, an oven, and a microwave.

    From $206.42 per night
  • Scored out of 10, guest rating 9.3
    Wonderful - What previous guests thought, 4 reviews

    Hermoso y cómodo apartamento con vista al mar offers accommodations in Panama City, 4.6 miles from Ancon Hill and 6.3 miles from Rod Carew National Stadium.

    From $161 per night
  • Scored out of 10, guest rating 8.1
    Very Good - What previous guests thought, 7,002 reviews

    A heated outdoor pool and gym are offered at this stylish Panama City hotel. Rooms offer free Wi-Fi and city or sea views.

    From $155.62 per night

Enjoy breakfast in Panama City and nearby

  • Scored out of 10, guest rating 7.6
    Good - What previous guests thought, 824 reviews

    Hostal Panama Experience is a guest house featuring rooms with free Wifi and air conditioning in the center of Panama City.

    From $44 per night
  • Scored out of 10, guest rating 8.6
    Excellent - What previous guests thought, 9,686 reviews

    Located in the business district, Riu Plaza Panama offers stylish rooms with free Wi-Fi. It features an outdoor pool with hot tub. The Santuario Nacional Corazón de María Church is just 984 feet away.

    From $207.41 per night
  • Scored out of 10, guest rating 8.6
    Excellent - What previous guests thought, 604 reviews

    Located in Panama City, 4.9 miles from Bridge of the Americas, Hotel Mio Panamá provides accommodations with an outdoor swimming pool, free private parking, a fitness center and a terrace.

    From $98.01 per night
  • Scored out of 10, guest rating 8.7
    Excellent - What previous guests thought, 1,434 reviews

    Nomada Republic Hotel Panama City is a condo hotel featuring rooms with free Wifi and air conditioning in the center of Panama City.

    From $97.19 per night
  • Scored out of 10, guest rating 8.2
    Very Good - What previous guests thought, 287 reviews

    Set overlooking Panama Bay, Le Meridien Panama features a spa and an outdoor swimming pool. It offers chic rooms with flat-screen TVs and sofas.

    From $234.85 per night
  • Scored out of 10, guest rating 8.8
    Excellent - What previous guests thought, 6,704 reviews

    Plaza Paitilla Inn offers panoramic views of Panama Bay and has a lounge bar, outdoor pool and sun terraces. The property also has an equipped business center and a gym.

    From $132.86 per night
  • Scored out of 10, guest rating 9.0
    Wonderful - What previous guests thought, 93 reviews

    The luxury 20-story Hyatt Regency Panama City is set in central Panama City, 0.6 mi from Bahía de Panamá Bay and its port. It features an outdoor pool, spa, and rooms with seating areas.

    From $251.90 per night
  • Scored out of 10, guest rating 8.4
    Very Good - What previous guests thought, 917 reviews

    Offering an outdoor pool and a fitness center, Holiday Inn Express is located in Panama City’s main financial district. The stylish air-conditioned rooms include free WiFi and flat-screen cable TV.

    From $113.30 per night

Great access to the city center. Check these cheap hotels in Panama City and nearby

  • Scored out of 10, guest rating 9.4
    Wonderful - What previous guests thought, 10 reviews

    The recently renovated Apto Yoo Vista al Mar features accommodations with pool with a view and a fitness center in the heart of Panama City.

  • Scored out of 10, guest rating 9.8
    Exceptional - What previous guests thought, 5 reviews

    Located in Panama City, 4 miles from Ancon Hill, La Residence Panamá has accommodations with a fitness center, free private parking, a shared lounge and a bar.

    From $162.80 per night
  • Scored out of 10, guest rating 8.2
    Very Good - What previous guests thought, 217 reviews

    Conveniently located in Panama City, Panama Hat Hostel provides air-conditioned rooms, a bar and free WiFi.

    From $29.70 per night
  • Scored out of 10, guest rating 8.2
    Very Good - What previous guests thought, 1,296 reviews

    Just a 5-minute walk from Panama City’s financial district, Hotel Tower House Suites offers a terrace with a swimming pool and city views. The stylish air-conditioned rooms include free Wi-Fi.

    From $54 per night
  • Scored out of 10, guest rating 7.8
    Good - What previous guests thought, 3,806 reviews

    Located in the elegant Bella Vista district, this modern hotel offers an outdoor pool, restaurant, free WiFi and free private parking.

    From $48.40 per night
  • Scored out of 10, guest rating 8.9
    Excellent - What previous guests thought, 3,270 reviews

    Featuring a gym, restaurant and a terrace, The Executive Hotel is located in Pánama’s Bella Vista and next to the 52nd Street and Aquilino de la Guardia.

    From $124.30 per night
  • Scored out of 10, guest rating 8.9
    Excellent - What previous guests thought, 20 reviews

    Céntrico apartamento en Panama cerca al Metro is located in Panama City, just 3.9 miles from Ancon Hill and 4.8 miles from Bridge of the Americas.

    From $97.90 per night
  • Scored out of 10, guest rating 8.0
    Very Good - What previous guests thought, 1 review

    3.9 miles from Ancon Hill in Panama City, Apartment with city views in Financial District offers accommodations with access to a public bath.

FAQ about cheap hotels in Panama City

Cheap hotels that guests love in Panama City

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  • Global Hotel Panama

    Cheap hotel in Bella Vista, Panama City
    Avg. price/night: $121
    Scored out of 10, guest rating 8.7
    Excellent - What previous guests thought, 1,848 reviews
    I had a wonderful stay at the hotel in Panama City. The staff were incredibly friendly and made me feel welcome throughout my visit. A special shoutout to Kevin, the bellboy, who went above and beyond to assist and ensure everything was perfect. The room was spacious and the beds were very comfortable, ensuring a great night's sleep. The location of the hotel was also ideal—there are some nice restaurants within walking distance, I felt safe and well-cared for during my entire stay.
    Guest review by
    Dor
    Group

  • AmazINN Places Casco Viejo Pool and Rooftop XIV

    Cheap hotel in Panama City
    Scored out of 10, guest rating 9.1
    Wonderful - What previous guests thought, 40 reviews
    Great location. Felt very safe in room, common spaces and with staff. Enough kitchen stuff for basic meals/coffee. Very clean and modern fixtures. AC was great and needed in Panama!
    Guest review by
    Gary
    Family with young children

  • Riu Plaza Panamá

    Cheap hotel in Bella Vista, Panama City
    Avg. price/night: $207.41
    Scored out of 10, guest rating 8.6
    Excellent - What previous guests thought, 9,686 reviews
    The location of the hotel is Excellent- right in the City! Close to malls and alot of places around for food. The hotel was very clean and the staff were great. Breakfast was amazing as they had alot of options to choose from! Overall we did enjoy our trip! I would stay at RIU Panama again :)
    Guest review by
    Donique
    Family with young children

  • Hostal Panama Experience

    Cheap hotel in Bella Vista, Panama City
    Avg. price/night: $44
    Scored out of 10, guest rating 7.6
    Good - What previous guests thought, 824 reviews
    Very delicious free breakfast, a nice swimming pool to relax and enjoy drinks from the hostel bar, possibility to wash and dry clothes, fully equiped shared kitchen, great location close to public transport, cheap, very clean and very friendly stuff.
    Guest review by
    Franca
    Solo traveler

  • Nomada Republic Hotel Panama City

    Cheap hotel in Bella Vista, Panama City
    Avg. price/night: $97.19
    Scored out of 10, guest rating 8.7
    Excellent - What previous guests thought, 1,434 reviews
    Very good location, just a walking distance from two shopping malls. Very friendly and helpful stuff any time you need their support. In my deal breakfast was included and it was nice to have it any time you are awake or ready for it up to 15:00hrs I cannot call it a room its more close to apartment, very clean, with everything you need even a hot water. Would highly recommend to stay if you are in Panama
    Guest review by
    Anna
    Solo traveler

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