The 10 best cheap hotels in Panama City, Panama | Booking.com
Skip to main content

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 pick of great cheap hotels in Panama City

Filter by:

Review score

Ramada Plaza by Wyndham Panama Punta Pacifica

Hotel in Panama City

Offering an outdoor pool and a spa and wellness centre, Ramada Plaza Panamá - Punta Pacífica is located in Panama City. It boasts panoramic views of the city and free WiFi.

A
Alastair Philip
From
United Kingdom
Location and food very good, especially breakfast. Very clean and comfortable rooms.
Scored out of 10, guest rating 9.2
Superb - What previous guests thought, 3,104 reviews
Price from
US$128
1 night, 2 adults

ORHO Hotel Boutique Marbella Panama City

Bella Vista, Panama City

Ideally located in Panama City, ORHO Hotel Boutique Marbella Panama City offers air-conditioned rooms with free WiFi and free private parking.

W
William
From
Norway
Good hotel , Many restaurants and mall very close
Scored out of 10, guest rating 9.5
Exceptional - What previous guests thought, 167 reviews
Price from
US$81.60
1 night, 2 adults

Hostal EL Prado

Bella Vista, Panama City

Situated within 6.7 km of Ancon Hill and 8.1 km of Bridge of the Americas, Hostal EL Prado features rooms with air conditioning and a private bathroom in Panama City.

B
Busra
From
Turkey
I dont know how can I properly say about the cleanliness of the hotel. We are on the roads over 3 months and stayed in more than 20 hostals, this is the which made us feel like home. Everything is super clean and smells amazimg just like mom washed them. The lady who works here is amazing. The safety of the streets, the location is amazing. There is a mexican and there is an asian restaurant 3 mün walking distance, they are so good. There is a mini market right in front of the place ypu can get everything you need.
Scored out of 10, guest rating 9.0
Superb - What previous guests thought, 350 reviews
Price from
US$49.50
1 night, 2 adults

Amarla Boutique Hotel Casco Viejo

Hotel in Casco Viejo, Panama City

Located in Panama City and with Bridge of the Americas reachable within 4.2 km, Amarla Boutique Hotel Casco Viejo provides concierge services, non-smoking rooms, a terrace, free WiFi throughout the...

L
Lester
From
United States
This hotel is simply stunning. The attention to detail is incredible, including a proprietary scent blend that actually wafts into the rooms, in addition to the lobby and restaurant. The service is probably the best I've ever had, the most genuinely cheerful and helpful staff ever. Also the restaurant was amazing!
Scored out of 10, guest rating 9.0
Superb - What previous guests thought, 243 reviews
Price from
US$216
1 night, 2 adults

Hotel La Compañía Casco Antiguo

Hotel in Casco Viejo, Panama City

Set in Panama City and with Ancon Hill reachable within 4 km, Hotel La Compañía Casco Antiguo features concierge services, allergy-free rooms, a terrace, free WiFi throughout the property and a...

Y
YANG
From
Australia
Elegant decoration, very comfortable bed. Delicious food, friendly and helpful staff.
Scored out of 10, guest rating 9.4
Superb - What previous guests thought, 490 reviews
Price from
US$328.50
1 night, 2 adults

Sofitel Legend Casco Viejo, Panama City

Hotel in Casco Viejo, Panama City

Situated in Panama City, 4 km from Ancon Hill, Sofitel Legend Casco Viejo, Panama City features accommodation with an outdoor swimming pool, private parking, a fitness centre and a garden.

D
Daniel
From
Mexico
Great food. Good quality cuisine. The service was good if not exceptional due to being just recently opened. Need to go down the learning curve. Staff were extremely helpful and nice. Highly recommended if you stay in Casco Antiguo. Not cheap but you won't find better value for money in that neighborhood
Scored out of 10, guest rating 9.4
Superb - What previous guests thought, 819 reviews
Price from
US$297
1 night, 2 adults

La Concordia - Boutique Hotel

Hotel in Casco Viejo, Panama City

Situated in Panama City, 3.6 km from Bridge of the Americas, La Concordia - Boutique Hotel features a terrace and views of the city.

R
Rhonda
From
Panama
The staff was extremely professional and responsive to requests or help. Eva went above and beyond to help us with an issue.
Scored out of 10, guest rating 9.3
Superb - What previous guests thought, 205 reviews
Price from
US$201.54
1 night, 2 adults

CASA ESMERALDA, duplex raffiné de 120m2 à Casco Viejo

Casco Viejo, Panama City

Located in Panama City, CASA ESMERALDA, duplex raffiné de 120m2 à Casco Viejo provides air-conditioned accommodation with a patio and free WiFi.

D
Deborah
From
United Kingdom
Everything was 5*, luxurious accommodation; beautifully decorated, high ceilings, open plan. Fantastic quiet location.
Scored out of 10, guest rating 9.7
Exceptional - What previous guests thought, 6 reviews
Price from
US$180
1 night, 2 adults

Modern Lofts in Plaza De La Independencia

Casco Viejo, Panama City

Located in Panama City, 3.7 km from Ancon Hill, Modern Lofts in Plaza De La Independencia provides air-conditioned rooms with free WiFi and express check-in and check-out.

H
HEATHER
From
Australia
Location to all the main sights in Casco Viejo. Secure building. The apartment is exactly like the photos. Nice, new, clean, modern furnishings. Comfortable bed, strong wifi and air conditioning. We loved that there was two free bottles of water in the kitchenette for us. Friendly and helpful staff. I’d recommend and stay here again.
Scored out of 10, guest rating 9.0
Superb - What previous guests thought, 7 reviews
Price from
US$70.47
1 night, 2 adults

La Residence Panamá

Hotel in Bella Vista, Panama City

Situated in Panama City, 6.4 km from Ancon Hill, La Residence Panamá features accommodation with a fitness centre, free private parking, a shared lounge and a bar.

Scored out of 10, guest rating 9.8
Exceptional - What previous guests thought, 5 reviews
Price from
US$148
1 night, 2 adults
All cheap hotels in Panama City

Looking for a cheap hotel?

For those on a budget, these cheap and cheerful hotels still have a lot to offer, with most offering WiFi and convenient locations. Popular with backpackers, many properties can be found in central locations and include comfortable rooms with private or shared bathrooms. You’ll also find a number of options which feature a 24-hour front desk and luggage storage.

Most booked cheap hotels in Panama City and surroundings in the past month

See all

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

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

    Located in the Marbella district in Panama City, 3 km from Canal Museum of Panama, El Machico Hostel boasts a swimming pool and free WiFi throughout the property.

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

    Hostal Yoha provides accommodation within 100 metres of the centre of Panama City, with free WiFi, and a kitchen with an oven, a microwave and a toaster.

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

    Set in Panama City, 5.8 km from Ancon Hill and 400 metres from the centre, Yoo Panamá by Boutique Apartments offers air-conditioned accommodation with free WiFi, and a rooftop pool.

    From US$198.63 per night
  • Scored out of 10, guest rating 8.4
    Very good - What previous guests thought, 2,740 reviews

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

    From US$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 centre of Panama City, 6.4 km from Ancon Hill.

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

    Yoo by Wynwood House features accommodation within 500 metres of the centre of Panama City, with free WiFi, and a kitchen with a dishwasher, an oven and a microwave.

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

    Attractively situated in the centre of Panama City, Hermoso y cómodo apartamento con vista al mar offers a balcony, air conditioning, free WiFi and flat-screen TV.

    From US$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 US$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

    Located in Panama City, 8.1 km from Bridge of the Americas and 200 metres from the centre, Hostal Panama Experience provides air-conditioned accommodation with free WiFi, and a garden.

    From US$44 per night
  • Scored out of 10, guest rating 8.6
    Fabulous - 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.

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

    Located in Panama City, 7.9 km from Bridge of the Americas, Hotel Mio Panamá provides accommodation with an outdoor swimming pool, free private parking, a fitness centre and a terrace.

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

    Ideally set in Panama City, Nomada Republic Hotel Panama City features air-conditioned rooms with free WiFi and free private parking.

    From US$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 US$212.85 per night
  • Scored out of 10, guest rating 8.8
    Fabulous - 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 centre and a gym.

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

    The luxury 20-storey Hyatt Regency Panama City is set in central Panama City, 1 km from Bahía de Panamá Bay and its port. It features an outdoor pool, spa, and rooms with seating areas.

    From US$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 centre, 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 US$113.30 per night

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

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

    Attractively located in the centre of Panama City, Apto Yoo Vista al Mar is a recently renovated apartment, which features free WiFi, pool with a view and free private parking for guests who drive.

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

    Situated in Panama City, 6.4 km from Ancon Hill, La Residence Panamá features accommodation with a fitness centre, free private parking, a shared lounge and a bar.

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

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

    From US$29.70 per night
  • Scored out of 10, guest rating 8.2
    Very good - What previous guests thought, 1,295 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 US$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 US$48.40 per night
  • Scored out of 10, guest rating 8.9
    Fabulous - 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 US$124.30 per night
  • Scored out of 10, guest rating 8.9
    Fabulous - What previous guests thought, 20 reviews

    Featuring air-conditioned accommodation with a pool with a view, quiet street view and a balcony, Céntrico apartamento en Panama cerca al Metro is located in Panama City.

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

    Featuring air-conditioned accommodation with a pool with a view, city view and a balcony, Apartment with city views in Financial District is located in Panama City.

FAQ about cheap hotels in Panama City

Cheap hotels that guests love in Panama City

See all
  • Avg. price/night: US$121
    Scored out of 10, guest rating 8.7
    Fabulous - What previous guests thought, 1,845 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
  • Scored out of 10, guest rating 9.1
    Superb - 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
  • Avg. price/night: US$207.41
    Scored out of 10, guest rating 8.6
    Fabulous - 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
  • Avg. price/night: US$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 traveller
  • Avg. price/night: US$97.19
    Scored out of 10, guest rating 8.7
    Fabulous - 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 traveller