A coastal cityscape with high-rise buildings, a marina, and a clear blue sky.

Panama City Cheap Hotels

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Our top choices for Panama City cheap hotels

Crowne Plaza Panama Airport by IHG

Crowne Plaza Panama Airport by IHG
4.0 star property
Tocumen
8.6 out of 10, Excellent, (2,623 reviews)
"Great place to stay, restaurant is great also"
United States
Janet
The price is HK$892
HK$981 total
includes taxes & fees
27 Jul - 28 Jul
Crowne Plaza Panama Airport by IHG

Riande Aeropuerto Hotel & Casino

Riande Aeropuerto Hotel & Casino
4.0 star property
Tocumen
8.4 out of 10, Very good, (1,817 reviews)
"Very beautiful and convenient in every way possible."
United States
Mohanie
The price is HK$925
HK$1,018 total
includes taxes & fees
23 Jul - 24 Jul
Riande Aeropuerto Hotel & Casino

ORHO Hotel Boutique 15 Minutes from PTY Airport

ORHO Hotel Boutique 15 Minutes from PTY Airport
2.0 star property
Tocumen
8.8 out of 10, Excellent, (146 reviews)
"Lovely property, staff was always smiling and it's close to restaurants."
United States
Luis
The price is HK$801
HK$1,040 total
includes taxes & fees
12 Jul - 13 Jul
ORHO Hotel Boutique 15 Minutes from PTY Airport

Hotel Riu Plaza Panama

Hotel Riu Plaza Panama
5.0 star property
Bella Vista
9.0 out of 10, Wonderful, (5,716 reviews)
"Breakfast was amazing pool was warm and relaxing"
United States
Vicenta
The price is HK$1,215
HK$1,336 total
includes taxes & fees
26 Jul - 27 Jul
Hotel Riu Plaza Panama

The Executive Hotel

The Executive Hotel
3.5 star property
Bella Vista
9.2 out of 10, Wonderful, (1,185 reviews)
"The hotel is great if your traveling on a budget the staff was friendly and helpful , room service did a great job every day what I didn’t like was the breakfast but overall it was a great stay"
United States
Tamara
The price is HK$701
HK$771 total
includes taxes & fees
3 Aug - 4 Aug
The Executive Hotel

Radisson Hotel Panama Canal

Radisson Hotel Panama Canal
4.5 star property
Amador
8.6 out of 10, Excellent, (1,007 reviews)
"The breakfast was very good. We love staying here"
United States
Patricia
The price is HK$707
HK$778 total
includes taxes & fees
14 Jul - 15 Jul
Radisson Hotel Panama Canal

Megapolis Hotel Panamá

Megapolis Hotel Panamá
4.5 star property
San Francisco
8.4 out of 10, Very good, (1,586 reviews)
"The staff was very helpful the hotel was nice and clean. Wonderful hotel I would definitely recommend"
United States
Natalia
The price is HK$1,007
HK$1,108 total
includes taxes & fees
26 Jul - 27 Jul
Megapolis Hotel Panamá

Waymore Hotel Spa & Casino

Waymore Hotel Spa & Casino
4.0 star property
Bella Vista
9.0 out of 10, Wonderful, (995 reviews)
"It was a good stay at the property and the price was excellent. Staff was helpful and the rooms were very nice in size."
United States
Frank S
The price is HK$740
HK$901 total
includes taxes & fees
11 Jul - 12 Jul
Waymore Hotel Spa & Casino

Courtyard by Marriott Panama Metromall

Courtyard by Marriott Panama Metromall
4.0 star property
San Antonio
9.0 out of 10, Wonderful, (1,009 reviews)
"The stay was amazing"
United States
Desmond
The price is HK$826
HK$908 total
includes taxes & fees
19 Jul - 20 Jul
Courtyard by Marriott Panama Metromall

Plaza Paitilla Inn Hotel

Plaza Paitilla Inn Hotel
3.5 star property
San Francisco
9.4 out of 10, Exceptional, (2,202 reviews)
"Clear room and good staff!"
United States
Mario
The price is HK$809
HK$890 total
includes taxes & fees
20 Jul - 21 Jul
Plaza Paitilla Inn Hotel
Lowest nightly price found within the past 24 hours based on a 1 night stay for 2 adults. Prices and availability subject to change. Additional terms may apply.

Find out more about Panama City

Discover cheap things to do in Panama City

For budget-conscious travellers exploring Panama City, the vibrant Casco Viejo is a must-visit. This historic district, a UNESCO World Heritage site, features colourful historic architecture and charming cobblestone streets, perfect for leisurely strolls without spending a dime. Enjoy the local atmosphere at the bustling Plaza Francia, where you can often catch free music performances or local art displays. The Cinta Costera, a scenic waterfront promenade, offers stunning views of the skyline and the Pacific Ocean, making it an ideal spot for a relaxing walk or a family picnic. Don't miss the impressive Panama Canal Museum, which has a small entrance fee and provides fascinating insights into this engineering marvel. For affordable dining, head to Mercado de Mariscos, where you can sample fresh ceviche at reasonable prices while enjoying the lively market atmosphere. When it comes to accommodation, consider staying in the El Cangrejo neighbourhood, known for its budget-friendly hotels and hostels. This area is home to a variety of eateries and shops, ensuring you’re never far from the action while keeping your expenses in check.

Find the best cheap hotels in Panama City

For budget-conscious travellers visiting Panama City, these hotels offer excellent value without sacrificing comfort. Each hotel provides essential amenities to ensure a pleasant stay.

Principe Hotel and Suites

  • Why it's great for a budget-friendly vacation: Principe Hotel and Suites is a fantastic choice for budget travellers, an excellent review rating of 9.0. With free toiletries, 24-hour airport shuttle service, and complimentary Wi-Fi, guests will enjoy essential comforts at an affordable price. The outdoor pool invites relaxation, while the kitchenette in each room allows for convenient meal preparation during your stay.
  • Other amenities: Guests can unwind on the terrace or take advantage of the daily housekeeping service. The hotel also features air conditioning for added comfort, room service, and a refrigerator in each room. Pool umbrellas and sun loungers enhance the outdoor experience, making it a perfect spot to relax after a day of exploring the city.
  • Neighborhood: Bella Vista
  • Nearby attractions: Uruguay Street - 1.6 km, Crown Casino - 1.4 km, Via Espana - 0.9 km

Magnolia Inn

  • Why it's great for a budget-friendly vacation: Magnolia Inn provides an excellent budget option with a review rating of 9.0, situated in the historical district of Casco Viejo. Offering free Wi-Fi and toiletries, the inn ensures guests have the essentials they need for a comfortable stay. The 24-hour airport shuttle service adds convenience for travellers arriving or departing at all hours.
  • Other amenities: Guests can enjoy a shared kitchen equipped with cookware and dishware, perfect for preparing meals during their stay. The inn also features a terrace for relaxation and shared refrigerator facilities. With daily housekeeping and a travel crib available, it's a welcoming space for all types of travellers.
  • Neighborhood: Casco Viejo
  • Nearby attractions: Avenida Balboa - 0.8 km, Metropolitan Cathedral of Panama - 0.9 km, National Theater - 0.9 km

Magnolia Inn

  • Why it's great for a budget-friendly vacation: Magnolia Inn stands out as a budget gem in Casco Viejo, a stellar review rating of 9.0. This charming inn offers free Wi-Fi and toiletries, as well as a 24-hour airport shuttle service for straightforward travel, making it perfect for budget travellers looking for value.
  • Other amenities: Guests can enjoy shared kitchen facilities and a terrace, making it easy to prepare meals and relax outdoors. With historical district charm and daily housekeeping services, Magnolia Inn provides a comfortable and affordable base from which to explore the captivating sights of Panama City.
  • Neighborhood: Casco Viejo
  • Nearby attractions: Avenida Balboa - 0.8 km, Metropolitan Cathedral of Panama - 0.9 km, National Theater - 0.9 km

Top Panama City Hotel Reviews

Frequently asked questions

What is Panama City like for travellers on a budget?
Panama City offers a variety of cheap accommodation options and places to visit, making it a great holiday choice for budget-conscious travellers. In addition to its well-known attractions such as Albrook Shopping Mall, this destination is home to Cinta Costera and Miraflores Locks, which you can enjoy while spending very little.
What's the best budget-friendly hotel in Panama City?
Based on reviews, Hotel Riu Plaza Panama is a popular hotel for our travellers who want a more economical choice, and features free buffet breakfast and free Wi-Fi. Other choices for your budget-friendly stay include Riande Urban Hotel and The Executive Hotel.
How many low-cost hotels can I expect to find in Panama City?
Choose a hotel that suits your wallet from Expedia's 36 budget hotels in Panama City.
When is the best time for a budget trip to Panama City?
Weather is probably a major factor when you plan your trip to Panama City, but bear in mind that cheaper options are usually available when the weather isn't as good. The hottest months are usually March and April, with an average temperature of 27°C, while the coldest months are January and February, with an average of 26°C. The rainiest months in Panama City are July, August, June and November, with each month seeing an average of 369 mm of rainfall.
What is there to see and do in Panama City?
Panama City attracts visitors with its major shopping area and fantastic dining options, and offers plenty to see and do without spending a fortune. You can budget for the top local attractions that interest you most, such as Albrook Shopping Mall, and then look for sights and activities that cost little or nothing at all. Explore and snap photos of landmarks like Iglesia del Carmen, or check out the area's cultural spots like National Theater and Interoceanic Canal Museum.
How can I get to Panama City and get around on a budget?
Scoping out the transportation options in Panama City can help keep you on budget. The most convenient airport is Panama City (PAC-Marcos A. Gelabert Intl.), situated 2.5 mi (4 km) away. However, if that doesn't suit your budget, you can arrange flights in and out of Balboa (BLB-Panama Pacifico Intl.), which is 6.3 mi (10.1 km) away. Take advantage of metro transport at Iglesia del Carmen Station, Vía Argentina and Santo Tomas Station. If you want to venture outside the area, hop on a train at Panama City Passenger Station.

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