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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

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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Popular with guests booking cheap hotels in Panama City

Scored out of 10, guest rating 7.9
Good - What previous guests thought, 5,036 reviews

Popular with guests booking cheap hotels in Panama City

Scored out of 10, guest rating 8.6
Excellent - What previous guests thought, 1,582 reviews

Popular with guests booking cheap hotels in Panama City

Scored out of 10, guest rating 8.3
Very Good - What previous guests thought, 164 reviews

Popular with guests booking cheap hotels in Panama City

Scored out of 10, guest rating 7.9
Good - What previous guests thought, 4,008 reviews

Popular with guests booking cheap hotels in Panama City

Scored out of 10, guest rating 7.9
Good - What previous guests thought, 1,913 reviews

Popular with guests booking cheap hotels in Panama City

Scored out of 10, guest rating 8.7
Excellent - What previous guests thought, 5,675 reviews

Popular with guests booking cheap hotels in Panama City

Scored out of 10, guest rating 8.1
Very Good - What previous guests thought, 7,116 reviews

Popular with guests booking cheap hotels in Panama City

Scored out of 10, guest rating 8.6
Excellent - What previous guests thought, 9,474 reviews

Popular with guests booking cheap hotels in Panama City

Scored out of 10, guest rating 8.9
Excellent - What previous guests thought, 6,615 reviews

Popular with guests booking cheap hotels in Panama City

Scored out of 10, guest rating 8.5
Very Good - What previous guests thought, 3,205 reviews

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

Scored out of 10, guest rating 7.9
Good - What previous guests thought, 820 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 $57.20 per night
Scored out of 10, guest rating 8.7
Excellent - What previous guests thought, 24 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 $227 per night
Scored out of 10, guest rating 7.9
Good - What previous guests thought, 318 reviews

Boutique Apartments Panamá Marbella is an apartment featuring rooms with free Wifi and air conditioning in the center of Panama City.

From $169.28 per night
Scored out of 10, guest rating 8.5
Very Good - What previous guests thought, 3,205 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, 1,485 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 $45.38 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.

Scored out of 10, guest rating 8.1
Very Good - What previous guests thought, 7,116 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
Scored out of 10, guest rating 8.6
Excellent - What previous guests thought, 1,582 reviews

Located on the heart of Panama City’s commercial district and right across Paitilla Hospital, Hotel Las Américas Golden Tower Panamá offers an indoor heated pool and free WiFi access.

From $238.83 per night

Enjoy breakfast in Panama City and nearby

Scored out of 10, guest rating 8.6
Excellent - What previous guests thought, 9,474 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 $200.96 per night
Scored out of 10, guest rating 8.5
Very Good - What previous guests thought, 704 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 $111.08 per night
Scored out of 10, guest rating 8.7
Excellent - What previous guests thought, 1,480 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 $96.14 per night
Scored out of 10, guest rating 8.2
Very Good - What previous guests thought, 298 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 $150.41 per night
Scored out of 10, guest rating 8.3
Very Good - What previous guests thought, 933 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 $100.32 per night
Scored out of 10, guest rating 8.2
Very Good - What previous guests thought, 1,307 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 8.9
Excellent - What previous guests thought, 3,154 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 8.7
Excellent - What previous guests thought, 6,961 reviews

Offering an outdoor pool and a restaurant, MARINN PLACE Financial District is located in Panama City, Panama. Free WiFi access is available. Each room here will provide you with air conditioning.

From $94.60 per night

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

Scored out of 10, guest rating 7.8
Good - What previous guests thought, 3,674 reviews

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

From $55 per night
Scored out of 10, guest rating 10
Exceptional - What previous guests thought, 1 review

1BR Amazing sea view in Calle 50 offers accommodations in Panama City, 3.8 miles from Ancon Hill and 4.7 miles from Bridge of the Americas.

Scored out of 10, guest rating 8.4
Very Good - What previous guests thought, 311 reviews

AC Hotel by Marriott Panama City has free bikes, outdoor swimming pool, a fitness center and shared lounge in Panama City.

From $122.76 per night
Scored out of 10, guest rating 8.6
Excellent - What previous guests thought, 1,833 reviews

Offering an outdoor swimming pool and a fitness center, Global Hotel Panama is located 10 minutes’ drive from Panama Old City Center. Free Wi-Fi access is available in all areas.

From $121 per night
Scored out of 10, guest rating 7.6
Good - What previous guests thought, 4,478 reviews

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

From $54.03 per night
Scored out of 10, guest rating 8.1
Very Good - What previous guests thought, 1,122 reviews

Offering a restaurant and a fitness center, Exe Oriental Panamá is located in the center of the financial district of Panama City where you can find a variety restaurants and shops to enjoy.

From $201.67 per night
Scored out of 10, guest rating 8.7
Excellent - What previous guests thought, 146 reviews

This Renaissance Panama City Hotel, just 2.5 miles from the Panama Canal, has an on-site casino, restaurant, and bar. It also features an outdoor pool and a tropical garden courtyard.

From $127.60 per night
Scored out of 10, guest rating 8.7
Excellent - What previous guests thought, 145 reviews

Centrally located in Panama City’s business district, this modern hotel offers a gym, free parking and free Wi-Fi in rooms. The terrace has a swimming pool and ocean views.

From $120.62 per night

FAQ about cheap hotels in Panama City

Cheap hotels that guests love in Panama City

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Avg. price/night: $121
Scored out of 10, guest rating 8.6
Excellent - What previous guests thought, 1,833 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
Wonderful - What previous guests thought, 43 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: $200.96
Scored out of 10, guest rating 8.6
Excellent - What previous guests thought, 9,474 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
Scored out of 10, guest rating 7.5
Good - What previous guests thought, 850 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
Avg. price/night: $96.14
Scored out of 10, guest rating 8.7
Excellent - What previous guests thought, 1,480 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