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 selection 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 center, Ramada Plaza Panamá - Punta Pacífica is located in Panama City. It features panoramic views of the city and free WiFi.

S
Simpson
From
Jamaica
The location, the staff, and the cleanliness of the hotel were all perfect. I'll be staying there again on my next trip to Panama.
Scored out of 10, guest rating 9.2
Wonderful - What previous guests thought, 3,113 reviews
Location 9.3
Price from
$120
1 night, 2 adults

Casa Lourdes By Acomodocasco Viejo-large Groups!

Casco Viejo, Panama City

Just a 6-minute walk from Presidential Palace and 300 yards from Canal Museum of Panama, Casa Lourdes By Acomodocasco Viejo-large Groups! features accommodations in Panama City, with a terrace.

D
Damian
From
Bahamas
We stayed for the 3 nights. A great location for this property. Close to everything including bars; restaurants and tourist venues. Entering the premises was seamless with codes provided prior to arrival. The room was modern and chic. The room was ample in size for us just being 2 travellers. Noise from outside was non-existent. The hosts were even able to accommodate a delivery to our room prior to arrival. Great place to stay!!
Scored out of 10, guest rating 9.0
Wonderful - What previous guests thought, 111 reviews
Location 9.7
Price from
$70.79
1 night, 2 adults

ORHO Hotel Boutique Marbella Panama City

Bella Vista, Panama City

ORHO Hotel Boutique Marbella Panama City is a guest house featuring rooms with free Wifi and air conditioning in the center of Panama City.

J
Jorge Antonio
From
Panama
Attention from Mr. Domenico was top notch! Communication was fluid as he attended all my questions with speed.
Scored out of 10, guest rating 9.5
Exceptional - What previous guests thought, 161 reviews
Location 9.5
Price from
$70.80
1 night, 2 adults

Hostal EL Prado

Bella Vista, Panama City

Hostal EL Prado is a recently renovated guest house in Panama City where guests can make the most of its terrace and shared lounge. The air-conditioned accommodations are 4.2 miles from Ancon Hill.

B
Bobby
From
United States
The serenity , felt like a hobbit , staff was more then ready to help with everything.
Scored out of 10, guest rating 9.0
Wonderful - What previous guests thought, 344 reviews
Location 9.4
Price from
$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 2.6 miles, Amarla Boutique Hotel Casco Viejo provides concierge services, non-smoking rooms, a terrace, free WiFi throughout the...

J
Jorge
From
Hungary
The Hotel is fantastic, right in casco viejo, I’d come back!! All the staff so welcoming, Jorge, Angel, nuestro mesero Juan 🙏👍🏽
Scored out of 10, guest rating 9.0
Wonderful - What previous guests thought, 248 reviews
Location 9.8
Price from
$264
1 night, 2 adults

Hotel La Compania, In The Unbound Collection By Hyatt

Hotel in Casco Viejo, Panama City

Located in Panama City and with Ancon Hill reachable within 2.5 miles, Hotel La Compania, In The Unbound Collection By Hyatt has concierge services, allergy-free rooms, a terrace, free WiFi throughout...

S
Sara B
From
United States
Attention to detail, incredible food, the history of the hotel, a splurge for us but worth every penny.
Scored out of 10, guest rating 9.4
Wonderful - What previous guests thought, 485 reviews
Location 9.8
Price from
$263.20
1 night, 2 adults

Sofitel Legend Casco Viejo, Panama City

Hotel in Casco Viejo, Panama City

Located in Panama City, 2.5 miles from Ancon Hill, Sofitel Legend Casco Viejo, Panama City has accommodations with an outdoor swimming pool, private parking, a fitness center and a garden.

S
Sonia
From
Argentina
Gorgeous property and outstanding service! Definitely exceeded my expectations. The Concierge workers were super helpful and made our visit very special. The views of the city and unique location on the water and also in the heart of the Old Town was just spectacular. Highly recommend this property!
Scored out of 10, guest rating 9.4
Wonderful - What previous guests thought, 811 reviews
Location 9.8
Price from
$297
1 night, 2 adults

La Concordia - Boutique Hotel

Hotel in Casco Viejo, Panama City

Featuring a terrace and views of city, La Concordia - Boutique Hotel is located in Panama City, 2.3 miles from Bridge of the Americas.

A
Anne
From
Abkhazia
great location. loved decor and was so comfortable
Scored out of 10, guest rating 9.3
Wonderful - What previous guests thought, 204 reviews
Location 9.5
Price from
$209.34
1 night, 2 adults

Casa Guogu by AmazINN Places 2f

Casco Viejo, Panama City

Casa Guogu by AmazINN Places 2f is a recently renovated guest house in Panama City where guests can make the most of its outdoor swimming pool, garden, and terrace.

Scored out of 10, guest rating 10.0
Exceptional - What previous guests thought, 5 reviews
Location 10.0
Price from
$27.30
1 night, 2 adults

AmazINN Places Casa Fortaleza

Casco Viejo, Panama City

AmazINN Places Casa Fortaleza provides a hot tub and air-conditioned accommodations in Panama City, 2.5 miles from Ancon Hill.

F
Francis L
From
United States
Customer service is very good, fast response and reliable. Staff friendly, well stocked kitchen. Perfect location and facilities well kept. Great value makes booking with Amazzin properties a favorite for me.
Scored out of 10, guest rating 9.5
Exceptional - What previous guests thought, 34 reviews
Location 9.8
Price from
$63.21
1 night, 2 adults
All 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

See all

Enjoy breakfast in Panama City and nearby

  • Scored out of 10, guest rating 8.6
    Excellent - What previous guests thought, 388 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 $52.80 per night
  • Scored out of 10, guest rating 7.8
    Good - What previous guests thought, 864 reviews

    Hostal Yoha features rooms with free Wifi in the center of Panama City. With pool views, this accommodation features a swimming pool.

    From $35.57 per night
  • Scored out of 10, guest rating 8.4
    Very Good - What previous guests thought, 2,626 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, 1,579 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 $50.82 per night
  • Scored out of 10, guest rating 8.1
    Very Good - What previous guests thought, 6,998 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 8.5
    Very Good - What previous guests thought, 1,635 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 $232.34 per night
  • Scored out of 10, guest rating 7.6
    Good - What previous guests thought, 817 reviews

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

  • Scored out of 10, guest rating 8.6
    Excellent - What previous guests thought, 9,724 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

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

  • Scored out of 10, guest rating 8.5
    Very Good - What previous guests thought, 19 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 $198.63 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 $177 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 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.

    From $277.50 per night
  • Scored out of 10, guest rating 9.7
    Exceptional - What previous guests thought, 4 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 $181.50 per night
  • Scored out of 10, guest rating 8.6
    Excellent - What previous guests thought, 561 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 8.6
    Excellent - What previous guests thought, 1,419 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 $86.74 per night
  • Scored out of 10, guest rating 8.1
    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 $164.60 per night

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

  • Scored out of 10, guest rating 8.1
    Very Good - What previous guests thought, 215 reviews

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

    From $33 per night
  • Scored out of 10, guest rating 8.8
    Excellent - What previous guests thought, 6,780 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, 85 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 $258.50 per night
  • Scored out of 10, guest rating 8.5
    Very Good - What previous guests thought, 914 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 $114.40 per night
  • Scored out of 10, guest rating 8.2
    Very Good - What previous guests thought, 1,280 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 $53.50 per night
  • Scored out of 10, guest rating 7.8
    Good - What previous guests thought, 3,843 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, 3,342 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 9.0
    Wonderful - 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

FAQ about cheap hotels in Panama City

Cheap hotels that guests love in Panama City

See all
  • Avg. price/night: $121
    Scored out of 10, guest rating 8.7
    Excellent - What previous guests thought, 1,867 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 9.2
    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
  • Avg. price/night: $207.41
    Scored out of 10, guest rating 8.6
    Excellent - What previous guests thought, 9,724 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 7.6
    Good - What previous guests thought, 817 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: $86.74
    Scored out of 10, guest rating 8.6
    Excellent - What previous guests thought, 1,419 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
gogless