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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 pick of great 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

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Popular with guests booking cheap hotels in Panama City

Scored out of 10, guest rating 7.8
Good - What previous guests thought, 3,726 reviews

Popular with guests booking cheap hotels in Panama City

Scored out of 10, guest rating 8.1
Very good - What previous guests thought, 7,072 reviews

Popular with guests booking cheap hotels in Panama City

Scored out of 10, guest rating 8.7
Fabulous - What previous guests thought, 4,573 reviews

Popular with guests booking cheap hotels in Panama City

Scored out of 10, guest rating 7.8
Good - What previous guests thought, 1,866 reviews

Popular with guests booking cheap hotels in Panama City

Scored out of 10, guest rating 7.9
Good - What previous guests thought, 3,987 reviews

Popular with guests booking cheap hotels in Panama City

Scored out of 10, guest rating 8.6
Fabulous - What previous guests thought, 2,136 reviews

Popular with guests booking cheap hotels in Panama City

Scored out of 10, guest rating 8.7
Fabulous - What previous guests thought, 5,694 reviews

Popular with guests booking cheap hotels in Panama City

Scored out of 10, guest rating 8.6
Fabulous - What previous guests thought, 9,569 reviews

Popular with guests booking cheap hotels in Panama City

Scored out of 10, guest rating 8.5
Very good - What previous guests thought, 2,983 reviews

Popular with guests booking cheap hotels in Panama City

Scored out of 10, guest rating 8.9
Fabulous - What previous guests thought, 6,657 reviews

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

Scored out of 10, guest rating 8.7
Fabulous - What previous guests thought, 382 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, 835 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$44.47 per night
Scored out of 10, guest rating 8.5
Very good - What previous guests thought, 21 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$213.22 per night
Scored out of 10, guest rating 7.9
Good - What previous guests thought, 292 reviews

Well set in Panama City, Boutique Apartments Panamá Marbella provides air-conditioned rooms with free WiFi and private parking. The property features sea and city views, and is 5.7 km from Ancon Hill.

From US$157.29 per night
Scored out of 10, guest rating 8.5
Very good - What previous guests thought, 2,983 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, 1,530 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$49.50 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$185.42 per night
Scored out of 10, guest rating 8.1
Very good - What previous guests thought, 7,072 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

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

Scored out of 10, guest rating 8.6
Fabulous - What previous guests thought, 1,592 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 US$238.83 per night
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.

From US$259.08 per night
Scored out of 10, guest rating 8.6
Fabulous - What previous guests thought, 9,569 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$217.05 per night
Scored out of 10, guest rating 9.9
Exceptional - What previous guests thought, 7 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 restaurant.

From US$162.80 per night
Scored out of 10, guest rating 8.6
Fabulous - What previous guests thought, 669 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$111.08 per night
Scored out of 10, guest rating 8.7
Fabulous - What previous guests thought, 1,462 reviews

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

From US$87.78 per night
Scored out of 10, guest rating 8.3
Very good - What previous guests thought, 295 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$197.01 per night
Scored out of 10, guest rating 8.3
Very good - What previous guests thought, 221 reviews

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

From US$29.70 per night

Enjoy breakfast in Panama City and nearby

Scored out of 10, guest rating 8.9
Fabulous - What previous guests thought, 6,657 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 8.4
Very good - What previous guests thought, 930 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$114.40 per night
Scored out of 10, guest rating 8.2
Very good - What previous guests thought, 1,306 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 8.9
Fabulous - What previous guests thought, 3,196 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$133.76 per night
Scored out of 10, guest rating 8.7
Fabulous - What previous guests thought, 6,792 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 US$204.60 per night
Scored out of 10, guest rating 8.5
Very good - What previous guests thought, 306 reviews

AC Hotel by Marriott Panama City has an outdoor swimming pool, fitness centre, a shared lounge and terrace in Panama City.

From US$122.76 per night
Scored out of 10, guest rating 8.6
Fabulous - What previous guests thought, 1,839 reviews

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

From US$121 per night
Scored out of 10, guest rating 8.1
Very good - What previous guests thought, 1,111 reviews

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

From US$115.50 per night

FAQ about cheap hotels in Panama City

Cheap hotels that guests love in Panama City

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Avg. price/night: US$121
Scored out of 10, guest rating 8.6
Fabulous - What previous guests thought, 1,839 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, 41 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
Scored out of 10, guest rating 7.6
Good - What previous guests thought, 4,472 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: US$217.05
Scored out of 10, guest rating 8.6
Fabulous - What previous guests thought, 9,569 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, 840 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$87.78
Scored out of 10, guest rating 8.7
Fabulous - What previous guests thought, 1,462 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