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The 10 Best Budget Hotels in Panama City, Panama

Check out our pick of great cheap hotels in Panama City

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Superb: 9+ Very good: 8+ Good: 7+ Pleasant: 6+
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At Ramada Plaza Panamá - Punta Pacífica you will find a restaurant and a fitness centre. Other facilities offered at the property include meeting facilities, a shared lounge and a tour desk. The property offers free parking.

The hotel is lovely, rooms are nicely appointed. The hotel has everything you would need.

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9.1
Superb
3,346 reviews
Price from
£126
per night

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 property and a restaurant. Featuring a bar, the hotel is close to several noted attractions, around 100 metres from Canal Museum of Panama and around less than 1 km from Presidential Palace. The hotel features a hot tub and room service.

Gorgeous decor in common areas; comfortable, nicely appointed rooms with lovely design & a very nice comfortable bed; excellent food & drinks at hotel restaurant and very kind, attentive staff.

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9.2
Superb
144 reviews
Price from
£148
per night

Set in Panama City and with Ancon Hill reachable within 4 km, Hotel La Compania, In The Unbound Collection By Hyatt features concierge services, allergy-free rooms, a terrace, free WiFi throughout the property and a restaurant. This 5-star hotel offers a 24-hour front desk and a business centre. The hotel offers an outdoor swimming pool, fitness centre, nightclub and room service.

Excellent location in the old town. Beautiful hotel with some quirky decor which we loved. Comfortable room with a balcony overlooking the town. A great selection of restaurants with really good food. Chilled pool area and roof top bar. Absolutely loved it.

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9.4
Superb
306 reviews
Price from
£287
per night

Situated in Panama City, 4.3 km from Bridge of the Americas, Sofitel Legend Casco Viejo, Panama City features accommodation with an outdoor swimming pool, private parking, a fitness centre and a garden. Among the various facilities of this property are a terrace, a restaurant and a bar. The accommodation offers a 24-hour front desk, airport transfers, room service and free WiFi.

Everything. This hotel is absolutely gorgeous and you will fall in love at first sight. It’s worthy of a James Bond movie. The service is above and beyond. The food was excellent. The rooms are immaculate and spacious. The bed was incredibly comfortable.

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9.4
Superb
427 reviews
Price from
£259
per night

Located in Panama City, 8.2 km from Bridge of the Americas, Gran Evenia Panamá Hotel provides accommodation with an outdoor swimming pool, free private parking, a fitness centre and a garden. With a shared lounge, the 5-star hotel has air-conditioned rooms with free WiFi, each with a private bathroom. The hotel features city views, a terrace and a 24-hour front desk.

Everything and the staff and the ambiance and comfort

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9
Superb
726 reviews
Price from
£88
per night

Totumas Lodge, a property with a shared lounge, is situated in Panama City, 6.2 km from Estadio Rommel Fernandez, 6.9 km from Rod Carew National Stadium, as well as 11 km from Bridge of the Americas. This guest house features free private parking, a shared kitchen and free WiFi. The guest house has family rooms.

The kitchen is available for all guests and fully equipped with condiments, cups, plates, etc. Jose is a host who stays in the hotel and helps you all the time. He is very kind and provided us with any help we needed;)

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9.5
Exceptional
137 reviews
Price from
£31
per night

Boasting a terrace, La Concordia - Boutique Hotel is situated in Panama City in the Panama region, 3.6 km from Bridge of the Americas and 5 km from Ancon Hill. With free WiFi, this 4-star hotel offers room service and a concierge service. The accommodation features airport transfers, while a bicycle rental service is also available.

A great place to stay - very unique with a lot of chracater - a lto of thought had been put inot the details. Great faciliites with a rooftop bar and restuarant as well as a more casual coffee shop underneath. Staff friendly and helpful

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9.2
Superb
183 reviews
Price from
£199
per night

Ideally located in Panama City, 54 Street East near to F&F Tower offers air-conditioned rooms with free WiFi and free private parking. The property has garden and city views, and is 8.1 km from Bridge of the Americas. Guests can make use of a garden.

Very comfortable apartment, the hosts were very responsive and helpful.

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9.8
Exceptional
9 reviews
Price from
£47
per night

Set in Panama City, 8.8 km from Ancon Hill and 11 km from Estadio Rommel Fernandez, Habitación Frente a la Bahia con baño privado offers a terrace and air conditioning. The property features city views and is 12 km from Rod Carew National Stadium and 5.2 km from Canal Museum of Panama. Free WiFi is available throughout the property and Bridge of the Americas is 8.5 km away.

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10
Exceptional
6 reviews
Price from
£27
per night

Offering a garden and inner courtyard view, Posada 1914 is located in Panama City, 6.9 km from Bridge of the Americas and 7.2 km from Ancon Hill. Among the facilities at this property are a shared kitchen and full-day security, along with free WiFi throughout the property. Featuring family rooms, this property also provides guests with a terrace.

Fantastic facility. Secure super friendly. Helpful Rock climbing wall of good quality. I am a return client and will continue to stay there.

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9.3
Superb
6 reviews
Price from
£19
per night

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.
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Most booked cheap hotels in Panama City this month

Enjoy breakfast in Panama City!

  • Ramada Plaza by Wyndham Panama Punta Pacifica
    9.1
    Scored 9.1
    Superb
    Rated superb
     · 3,346 reviews

    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.

    Was modern, fresh and clean. Staff were always helpful.

  • Amarla Boutique Hotel Casco Viejo
    9.2
    Scored 9.2
    Superb
    Rated superb
     · 144 reviews

    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...

    Decor, breakfast, the restaurant, the bed and the ceiling fan!

  • Hotel La Compania, In The Unbound Collection By Hyatt
    9.4
    Scored 9.4
    Superb
    Rated superb
     · 306 reviews

    Set in Panama City and with Ancon Hill reachable within 4 km, Hotel La Compania, In The Unbound Collection By Hyatt features concierge services, allergy-free rooms, a terrace, free WiFi throughout the...

    Очень атмосферный уютный отель, небольшой бассейн есть

  • Sofitel Legend Casco Viejo, Panama City
    9.4
    Scored 9.4
    Superb
    Rated superb
     · 427 reviews

    Situated in Panama City, 4.3 km from Bridge of the Americas, Sofitel Legend Casco Viejo, Panama City features accommodation with an outdoor swimming pool, private parking, a fitness centre and a...

    beautiful pool, nice rooms, great and helpful staff

  • Gran Evenia Panamá Hotel
    9.0
    Scored 9.0
    Superb
    Rated superb
     · 726 reviews

    Located in Panama City, 8.2 km from Bridge of the Americas, Gran Evenia Panamá Hotel provides accommodation with an outdoor swimming pool, free private parking, a fitness centre and a garden.

    Funky blue room illumination, pool, spacious room.

  • Studio Coliving Hotel
    8.1
    Scored 8.1
    Very good
    Rated very good
     · 2,165 reviews

    Studio Coliving Hotel features an outdoor swimming pool, fitness centre, a shared lounge and terrace in Panama City.

    The room was so nice and beds were so comfortable!

  • Hotel Mio Panamá
    8.2
    Scored 8.2
    Very good
    Rated very good
     · 1,878 reviews

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

    Great location, basic breakfast but tasty, friendly staff

  • Nomada Republic Hotel Panama City
    8.7
    Scored 8.7
    Fabulous
    Rated fabulous
     · 1,170 reviews

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

    Was a nice Small apartment, Enjoyed the stay there.

Great access to the city centre! Check these cheap hotels in Panama City

  • Apartamento Boutique en Avenida Balboa
    10.0
    Scored 10.0
    Exceptional
    Rated exceptional
     · 2 reviews

    Situated in the centre of Panama City, Apartamento Boutique en Avenida Balboa has a fitness centre, a garden, free WiFi, and free private parking for guests who drive.

  • Habitación Frente a la Bahia con baño privado
    10.0
    Scored 10.0
    Exceptional
    Rated exceptional
     · 6 reviews

    Set in Panama City, 8.8 km from Ancon Hill and 11 km from Estadio Rommel Fernandez, Habitación Frente a la Bahia con baño privado offers a terrace and air conditioning.

    Todo muy bien, agradecida por la hospitalidad. Hermosa vista.

  • ESHEL SUITES PANAMA
    10.0
    Scored 10.0
    Exceptional
    Rated exceptional
     · 1 review

    Set in Panama City, ESHEL SUITES PANAMA is a recently renovated accommodation, 8.6 km from Bridge of the Americas and 8.9 km from Ancon Hill.

  • Habitación amplia con baño privado en Apartamento familiar
    10.0
    Scored 10.0
    Exceptional
    Rated exceptional
     · 4 reviews

    A recently renovated homestay situated in Panama City, Habitación amplia con baño privado en Apartamento familiar features a rooftop pool.

    Todo la calidad de la persona era lo mejor del mundo los recomiendo.....

  • La comodidad de un hogar
    10.0
    Scored 10.0
    Exceptional
    Rated exceptional
     · 1 review

    Featuring a year-round outdoor pool, a sauna and a hot tub, La comodidad de un hogar is located in Panama City, 6.5 km from Bridge of the Americas and 6.9 km from Ancon Hill.

  • 7a
    10.0
    Scored 10.0
    Exceptional
    Rated exceptional
     · 1 review

    Set within the Bella Vista district in Panama City, 7a has air conditioning, a balcony, and garden views. This property offers access to a terrace, free private parking and free WiFi.

  • Isthmus Concept Apartment
    10.0
    Scored 10.0
    Exceptional
    Rated exceptional
     · 1 review

    Set in Panama City and only 7.9 km from Bridge of the Americas, Isthmus Concept Apartment offers accommodation with sea views, free WiFi and free private parking.

  • R.501 Estudio ejecutivo, en el centro.
    10.0
    Scored 10.0
    Exceptional
    Rated exceptional
     · 3 reviews

    Located in Panama City, 8 km from Bridge of the Americas and 8.4 km from Ancon Hill, R.501 Estudio ejecutivo, en el centro. Offers air conditioning.

  • Modern apartment 01
    10.0
    Scored 10.0
    Exceptional
    Rated exceptional
     · 2 reviews

    Situated in Panama City, 5.5 km from Bridge of the Americas and 5.8 km from Ancon Hill, Modern apartment 01 offers air conditioning.

  • Apartamento Moderno Panamá 02
    10.0
    Scored 10.0
    Exceptional
    Rated exceptional
     · 1 review

    Apartamento Moderno Panamá 02 is located in the Calidonia district of Panama City, 5.5 km from Bridge of the Americas, 5.8 km from Ancon Hill and 11 km from Rod Carew National Stadium.

  • Casa Duplex Privada con Piscina with Ride from Airport
    10.0
    Scored 10.0
    Exceptional
    Rated exceptional
     · 4 reviews

    Located in Panama City, Casa Duplex Privada con Piscina with Ride from Airport features accommodation with a private pool. This property offers access to a balcony, free private parking and free WiFi.

    Gerado was a gracious host. We truly felt welcomed as guest in his home.

  • Hermosa Habitación Privada - Con Aire Acondicionado - Baño Compartido
    10.0
    Scored 10.0
    Exceptional
    Rated exceptional
     · 1 review

    Located in Panama City, 6.5 km from Rod Carew National Stadium and 8.6 km from Bridge of the Americas, Hermosa Habitación Privada - Con Aire Acondicionado - Baño Compartido offers air conditioning.

  • Luminous Excellence City Center - PH Quartier Atlapa
    10.0
    Scored 10.0
    Exceptional
    Rated exceptional
     · 2 reviews

    Luminous Excellence City Center - PH Quartier Atlapa is situated in Panama City, 11 km from Bridge of the Americas, 11 km from Ancon Hill, and 7.6 km from Canal Museum of Panama.

  • AmazINN Places Penthouse Deluxe, Skyline and Private Rooftop
    9.7
    Scored 9.7
    Exceptional
    Rated exceptional
     · 7 reviews

    Boasting air-conditioned accommodation with a private pool, AmazINN Places Penthouse Deluxe, Skyline and Private Rooftop is situated in Panama City.

  • 02 Modern aparment Panamá! Ubicación perfecta pty
    9.6
    Scored 9.6
    Exceptional
    Rated exceptional
     · 29 reviews

    Located in Panama City, the recently renovated 02 Modern aparment Panamá! Ubicación perfecta pty provides accommodation 6.1 km from Ancon Hill and 10 km from Rod Carew National Stadium.

    Clean and organized. Perfect localization Nice hosts

  • Blue Dream
    Central location
    9.6
    Scored 9.6
    Exceptional
    Rated exceptional
     · 59 reviews

    Boasting air-conditioned accommodation with a balcony, Blue Dream is situated in Panama City.

    Great host Comfy beds Clean and lovely apartment

  • R.3-3 Lindo estudio, 2 habitaciones en el ciudad de Panamá.
    9.5
    Scored 9.5
    Exceptional
    Rated exceptional
     · 2 reviews

    Located in Panama City in the Panama region, R.3-3 Lindo estudio, 2 habitaciones en el ciudad de Panamá. Provides accommodation with free WiFi and free private parking.

  • Comfy Apartment City Center - PH Quartier Atlapa
    9.0
    Scored 9.0
    Superb
    Rated superb
     · 3 reviews

    Set in Panama City, Comfy Apartment City Center - PH Quartier Atlapa offers accommodation with private pool, free WiFi and free private parking for guests who drive.

  • Apartamento con piscina infinita frente al mar en Avenida Balboa PH The Sand
    9.5
    Scored 9.5
    Exceptional
    Rated exceptional
     · 4 reviews

    Located in Panama City and only 4.6 km from Bridge of the Americas, Apartamento con piscina infinita frente al mar en Avenida Balboa PH The Sand provides accommodation with sea views, free WiFi and...

  • AmazINN Places Casco Viejo unique Desing and Pool III
    9.5
    Scored 9.5
    Exceptional
    Rated exceptional
     · 2 reviews

    Featuring air-conditioned accommodation with a terrace, AmazINN Places Casco Viejo unique Desing and Pool III is set in Panama City. Guests can benefit from a balcony and a year-round outdoor pool.

  • AmazINN Places Casa Bandera II
    9.5
    Scored 9.5
    Exceptional
    Rated exceptional
     · 4 reviews

    Located in Panama City, 4.2 km from Bridge of the Americas and 5.6 km from Ancon Hill, AmazINN Places Casa Bandera II provides air-conditioned accommodation with a terrace and free WiFi.

  • AmazINN Places Casco Viejo Casa Espanola
    9.4
    Scored 9.4
    Superb
    Rated superb
     · 22 reviews

    Set in Panama City, 4.2 km from Bridge of the Americas and 5.5 km from Ancon Hill, AmazINN Places Casco Viejo Casa Espanola offers air-conditioned accommodation with a terrace and free WiFi.

    sehr schönes Appartment. Top Lage, groß und mit Stil eingerichteten.

  • Yc l Apartamento 2BR - 3602
    9.3
    Scored 9.3
    Superb
    Rated superb
     · 3 reviews

    Situated in the centre of Panama City, Yc l Apartamento 2BR - 3602 has a rooftop pool, a garden, free WiFi, and free private parking for guests who drive.

  • Apartamento con excelente ubicación! Hasta 4 Personas
    9.3
    Scored 9.3
    Superb
    Rated superb
     · 23 reviews

    Set in Panama City, 6.6 km from Bridge of the Americas and 6.9 km from Ancon Hill, Apartamento con excelente ubicación! Hasta 4 Personas offers an outdoor swimming pool and air conditioning.

    Everything was very nice and also he was very polite

  • La Concordia - Boutique Hotel
    9.2
    Scored 9.2
    Superb
    Rated superb
     · 183 reviews

    Boasting a terrace, La Concordia - Boutique Hotel is situated in Panama City in the Panama region, 3.6 km from Bridge of the Americas and 5 km from Ancon Hill.

    beautiful, friendly, clean and very well good location

  • Amazinn Places Teatro Nacional
    9.1
    Scored 9.1
    Superb
    Rated superb
     · 9 reviews

    Located in Panama City, 4.3 km from Bridge of the Americas and 5.6 km from Ancon Hill, Amazinn Places Teatro Nacional provides air-conditioned accommodation with a patio and free WiFi.

  • Apartamento con calor de hogar
    9.0
    Scored 9.0
    Superb
    Rated superb
     · 1 review

    Featuring a sauna, Apartamento con calor de hogar is located in Panama City. This property offers access to a balcony, free private parking and free WiFi.

  • DUPLEXU PANAMA Homestay
    9.0
    Scored 9.0
    Superb
    Rated superb
     · 35 reviews

    DUPLEXU PANAMA Homestay in Panama City provides adults-only accommodation with an outdoor swimming pool, a terrace and a shared lounge.

    Alles perfekt! Sauber, geräumig und gut organisiert

Stay connected in Panama City! Cheap hotels with free WiFi

  • 54 Street East near to F&F Tower
    9.8
    Scored 9.8
    Exceptional
    Rated exceptional
     · 9 reviews

    Ideally located in Panama City, 54 Street East near to F&F Tower offers air-conditioned rooms with free WiFi and free private parking.

    Domenico es muy amable, fue un agrado quedarnos en su alojamiento

  • Posada 1914
    9.3
    Scored 9.3
    Superb
    Rated superb
     · 6 reviews

    Offering a garden and inner courtyard view, Posada 1914 is located in Panama City, 6.9 km from Bridge of the Americas and 7.2 km from Ancon Hill.

  • OyeBonita Hostel
    9.6
    Scored 9.6
    Exceptional
    Rated exceptional
     · 38 reviews

    Located in Panama City, 6.2 km from Rod Carew National Stadium, OyeBonita Hostel provides rooms with air conditioning.

    Lla anfitriona fue muy cordial y atenta en todo momento.

  • Altazona - Living 73
    9.2
    Scored 9.2
    Superb
    Rated superb
     · 22 reviews

    Situated in Panama City, Altazona - Living 73 offers a balcony with sea and city views, as well as a year-round outdoor pool, fitness room and public bath.

    Fabulosa ubcacion, muy cerca de multiplaza y otros lugares populares

  • R.1108 Lindo aparta estudio equipado tipo ejecutivo.
    9.2
    Scored 9.2
    Superb
    Rated superb
     · 6 reviews

    Set 8 km from Bridge of the Americas, R.1108 Lindo aparta estudio equipado tipo ejecutivo. Offers accommodation with free WiFi and free private parking.

  • Amazing location Spacious Apto with Rooftop
    9.8
    Scored 9.8
    Exceptional
    Rated exceptional
     · 8 reviews

    Set within the Casco Viejo district in Panama City, Amazing location Spacious Apto with Rooftop has air conditioning, a balcony, and garden views.

    Israel y Victoria te ayudan en todo lo posible, para facilitarte la estancia.

  • Apartamento en San Francisco
    9.5
    Scored 9.5
    Exceptional
    Rated exceptional
     · 24 reviews

    Situated in Panama City, 7.2 km from Rod Carew National Stadium and 7.7 km from Estadio Rommel Fernandez, Apartamento en San Francisco features spacious air-conditioned accommodation with a balcony...

    La amabilidad del anfitrión y la atención que ha ofrecido.

  • oasis with pool near Panama Canal
    9.3
    Scored 9.3
    Superb
    Rated superb
     · 15 reviews

    Situated in Panama City, oasis with pool near Panama Canal features accommodation with private pool, free WiFi and free private parking for guests who drive.

    una casa muy equipada en todos los sentidos, te sientes como si estuvieras en casa.

FAQ about cheap hotels in Panama City








Cheap hotels that guests love in Panama City

  • 8.4
    Scored 8.4
    Very good
    Rated very good
     · 371 reviews
    Location is central, cheap.
    Ype
    Solo traveller
  • 8.8
    Scored 8.8
    Fabulous
    Rated fabulous
     · 203 reviews
    Great location. Clean and comfortable. Efficient check in management. Small plunge pool on the roof was ideal to cool off during the day/ evening.
    David
    Family with young children
  • Avg. price/night: £170.38
    9.0
    Scored 9.0
    Superb
    Rated superb
     · 1,250 reviews
    The breakfast was very good. The location was near everything and the rooms were very clean.
    Isabella
    Solo traveller
  • Avg. price/night: £69.13
    7.4
    Scored 7.4
    Good
    Rated good
     · 2,119 reviews
    The cleanliness of room and location was ideal for me !!!!
    Candice
    Young couple
  • Avg. price/night: £360.22
    8.4
    Scored 8.4
    Very good
    Rated very good
     · 167 reviews
    Location was ideal, small but very clean and comfortable, short walk to everything in Casco Viejo. Personal 4th floor veranda.
    Steve
    Young couple
  • 8.4
    Scored 8.4
    Very good
    Rated very good
     · 371 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.
    Franca
    Solo traveller
  • Avg. price/night: £59.23
    8.7
    Scored 8.7
    Fabulous
    Rated fabulous
     · 1,170 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
    Anna
    Solo traveller
  • Avg. price/night: £69.13
    7.4
    Scored 7.4
    Good
    Rated good
     · 2,119 reviews
    Breakfast was good but needs to be improved, it was almost the same thing everyday. Location was perfect. It was almost in the middle of everything. I loved that there was a big desk in the room if you needed to.work. Very convenient. The room was also very clean, which was a big deal for me. And house keeping did an awesome job. The staff were ever so helpful, kind and friendly. By far, this is the one aspect that stood out!
    Aishah
    Family with young children
  • 6.9
    Scored 6.9
    Pleasant
    Rated pleasant
     · 1,354 reviews
    This is a good choice for all budget travellers. Really cheap (3 persons for 35 USD), you get breakfast and the location is in downtown. Of course, there is less comfort, older equipment, but this is absolutely OK because of the low price.
    menczer
    People with friends
  • Avg. price/night: £28.29
    8.1
    Scored 8.1
    Very good
    Rated very good
     · 1,170 reviews
    Great location within the centre of Panama City. The hostel is close to a very cheap, quick and efficient laundrette! The price of the room is inexpensive and matches the quality you pay for. The WiFi was excellent.
    John
    Solo traveller

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