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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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.

G
Gladys
From
Puerto Rico
I had stayed before and really enjoyed the breakfast, service, cleanliness, location, great restaurants at a walking distance and they held our luggage until check in. I returned with some friends and they really appreciated everything about the hotel as stated before.
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.

M
Mahmoud
From
Canada
This is honestly THE place to stay in Panama City. Casco Viejo is an amazing spot with great restaurants and shops all around. We wish we knew about this place earlier in our trip as we would have stayed here all along instead of the initial apartment we rented. This apartment is so new! Huge TV, comfortable beds, kitchen, washer & dryer, gorgeous… it’s perfect and I can’t believe how cheap it was. We hesitated because of the lack of reviews but we’re so glad we rented this place.
Scored out of 10, guest rating 9.0
Wonderful - What previous guests thought, 110 reviews
Location 9.8
Price from
$72.96
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.

K
Katrin
From
Estonia
I truly couldn’t have asked for a better experience for the start of my trip in Panama. The room was large, incredibly comfortable, and perfectly quiet - yet the location was great, with plenty of restaurants and everything easily accessible. What really made this place special, though, was the owner. He runs everything with genuine heart and care. He was always around, always helpful, and went above and beyond to make sure I felt welcome and well taken care of. From helpful advice to thoughtful little gestures, it was clear he truly cares about his guests :) And as a lovely bonus, his sweet and friendly dog added so much character and warmth to the place & made it feel even more like a home away from home. I would absolutely recommend this place to anyone. It’s rare to find a combination of comfort, great location, and heartfelt hospitality like this. A huge thank you for such a beautiful stay!
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.

S
Sami
From
Canada
Ibrais Hostal is becoming my second home! I am impressed with the friendliness of the staff and the cleanness of the place. The community Kitchen is well maintained and has what is needed to prepare nice meals.
Scored out of 10, guest rating 9.0
Wonderful - What previous guests thought, 343 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...

N
Nicholas
From
Panama
The place was amazing!!! very cozy, great decoration, very spacious and confortable. The Staff was great!!! everything was excellent!!
Scored out of 10, guest rating 9.0
Wonderful - What previous guests thought, 247 reviews
Location 9.8
Price from
$264
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.

E
Ethel
From
United States
The hotel is well located between the cruise port and the international airport. It is in the old town which is filled with shops and fun restaurants. The staff is very caring, efficient and service oriented. The rooms are large and well planned to meet your every need. The hotel is not very large but very well appointed and first class in every way.
Scored out of 10, guest rating 9.4
Wonderful - What previous guests thought, 809 reviews
Location 9.8
Price from
$292.50
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.

T
Tasha
From
Aruba
The staff was very helpful and the location is nice.
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
$33.80
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.

H
Huub
From
Netherlands
Everything was brand new! Stayed on the top floor, 4p apartment, it was massive! Very beautiful place in the center of the old town! Would definitely stay again!
Scored out of 10, guest rating 9.5
Exceptional - What previous guests thought, 33 reviews
Location 9.8
Price from
$63.21
1 night, 2 adults

CASA ESMERALDA, duplex raffiné de 120m2 à Casco Viejo

Casco Viejo, Panama City

A recently renovated apartment, CASA ESMERALDA, duplex raffiné de 120m2 à Casco Viejo offers accommodations in Panama City.

C
Catherine
From
United States
The apartment is beautiful, comfortable and clean! It is in a great location with fun restaurants and cafe within easy walking distance! The hosts are check in very easy! I highly recommend this property for a great stay in Casco Viejo!
Scored out of 10, guest rating 9.6
Exceptional - What previous guests thought, 5 reviews
Location 8.8
Price from
$165
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

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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, 865 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, 2,623 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, 1,580 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 $54.29 per night
  • Scored out of 10, guest rating 8.1
    Very Good - What previous guests thought, 6,997 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, 1,642 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, 9,728 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

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

  • 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 $189.47 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 9.2
    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 9.7
    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 $190.30 per night
  • Scored out of 10, guest rating 8.6
    Excellent - What previous guests thought, 558 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, 1,414 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 $94.05 per night
  • Scored out of 10, guest rating 8.1
    Very Good - What previous guests thought, 288 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
  • 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

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

  • Scored out of 10, guest rating 8.8
    Excellent - What previous guests thought, 6,785 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 $113.30 per night
  • Scored out of 10, guest rating 8.2
    Very Good - What previous guests thought, 1,278 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, 3,841 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, 3,348 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 7.4
    Good - What previous guests thought, 15 reviews

    Offering air-conditioned rooms in the Bella Vista district of Panama City, The Gray by Wynwood House is 3.9 miles from Ancon Hill.

    From $146 per night
  • Scored out of 10, guest rating 8.7
    Excellent - What previous guests thought, 6,433 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 $92.40 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 8.7
    Excellent - What previous guests thought, 1,865 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, 39 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: $82.50
    Scored out of 10, guest rating 7.6
    Good - What previous guests thought, 4,309 reviews
    Rooms was clean staff was friendly. Breakfast was on point every morning. Location was ideal from metro station.
    Guest review by
    Andrews
    Family with young children
  • Avg. price/night: $207.41
    Scored out of 10, guest rating 8.6
    Excellent - What previous guests thought, 9,728 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: $94.05
    Scored out of 10, guest rating 8.6
    Excellent - What previous guests thought, 1,414 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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