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

Panama City Cheap Hotels

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Check availability on Panama City Cheap Hotels

Tonight
28 Aug - 29 Aug
Tomorrow
29 Aug - 30 Aug
This weekend
28 Aug - 30 Aug
Next weekend
4 Sept - 6 Sept

Our top choices for Panama City cheap hotels

1. Crowne Plaza Panama Airport by IHG

Crowne Plaza Panama Airport by IHG
Tocumen
United States
Valeria
HK$925
HK$1,069 total
includes taxes & fees
26 Sept - 27 Sept
Crowne Plaza Panama Airport by IHG

2. Hotel Riu Plaza Panama

Hotel Riu Plaza Panama
Bella Vista
United States
Lori
HK$1,034
HK$1,138 total
includes taxes & fees
28 Sept - 29 Sept
Hotel Riu Plaza Panama

3. Riande Aeropuerto Hotel & Casino

Riande Aeropuerto Hotel & Casino
Tocumen
United States
Sheldon
HK$849
HK$933 total
includes taxes & fees
16 Sept - 17 Sept
Riande Aeropuerto Hotel & Casino

4. Principe Hotel and Suites

Principe Hotel and Suites
Bella Vista
United States
Lashell
HK$463
HK$510 total
includes taxes & fees
1 Sept - 2 Sept
Principe Hotel and Suites

5. Waymore Hotel Spa & Casino

Waymore Hotel Spa & Casino
Bella Vista
United States
Amrit
HK$670
HK$953 total
includes taxes & fees
29 Aug - 30 Aug
Waymore Hotel Spa & Casino

6. Plaza Paitilla Inn Hotel

Plaza Paitilla Inn Hotel
San Francisco
Canada
Edward
HK$809
HK$890 total
includes taxes & fees
28 Sept - 29 Sept
Plaza Paitilla Inn Hotel

7. The Executive Hotel

The Executive Hotel
Bella Vista
United States
Gracia
HK$695
HK$765 total
includes taxes & fees
6 Sept - 7 Sept
The Executive Hotel

8. Hotel Milan

Hotel Milan
Bella Vista
United States
Gale
HK$314
HK$345 total
includes taxes & fees
29 Aug - 30 Aug
Hotel Milan

9. Ramada Plaza by Wyndham Panama Punta Pacifica

Ramada Plaza by Wyndham Panama Punta Pacifica
San Francisco
United States
Bettyanne
HK$861
HK$947 total
includes taxes & fees
4 Sept - 5 Sept
Ramada Plaza by Wyndham Panama Punta Pacifica

10. TRYP by Wyndham Panamá Centro

TRYP by Wyndham Panamá Centro
Bella Vista
United States
Daphnee
HK$726
HK$799 total
includes taxes & fees
21 Sept - 22 Sept
TRYP by Wyndham Panamá Centro
View all properties

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

Hotel Riu Plaza Panama

Hotel Riu Plaza Panama

10/10 Excellent
"It was so clean. I would"
Marie 3-night trip
Posted 1 hour ago
Hotel Riu Plaza Panama
Decapolis Hotel Panama City

Decapolis Hotel Panama City

10/10 Excellent
"The property is excellent the fact that it’s connected to the mall and casino put it over the top. The staff are polite and always ready to assist you. Will definitely stay again."
Mark 4-night trip
Posted 3 hours ago
Decapolis Hotel Panama City
Hotel El Panama by Faranda Grand, a member of Radisson Individuals

Hotel El Panama by Faranda Grand, a member of Radisson Individuals

10/10 Excellent
"It was a family trip for 7 nights, the room was clean, the staff was very helpful, the breakfast was good, they were different dishes every morning, also this is very close to the train station and shopping area with many restaurants. I will recommend this hotel, I have stayed there 4 times."
Kemi 7-night trip
Posted 8 hours ago
Hotel El Panama by Faranda Grand, a member of Radisson Individuals
Radisson Hotel Panama Canal

Radisson Hotel Panama Canal

8/10 Good
"Overall, the experience was good, clean room, breakfast was a wide spread and taste. If you’re looking a a peaceful and quiet environment the Radissoon Hotel is your go to choice 👏"
Jackie 6-night trip
Posted 1 day ago
Radisson Hotel Panama Canal
Principe Hotel and Suites

Principe Hotel and Suites

10/10 Excellent
"This hotel was awesome all round 10 out of 10. Close or mins away from basically everything you would like, supermarket/restaurants/24 hours mini marts/bus station/Metro station etc. For the price this hotel was the best, quality service for your money. I just was would like a small refrigerator inside the room to put the cherry on top but trust me this hotel is the go!"
Omanny 4-night trip
Posted 2 days ago
Principe Hotel and Suites
Renaissance Panama City Hotel

Renaissance Panama City Hotel

10/10 Excellent
"I was very satisfied"
Jeffrey 4-night trip
Posted 3 days ago
Renaissance Panama City Hotel
Waldorf Astoria Panama

Waldorf Astoria Panama

10/10 Excellent
"Dede el ingress estuvimos super bien recibidos hasta el check in y en lahabitacion super bien el de say unto muy recommendable y gran atencion"
Gaudy 1-night trip
Posted 4 days ago
Waldorf Astoria Panama

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 Principe Hotel and Suites.
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 Interoceanic Canal Museum and Biomuseo.
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 Station and Santo Tomás Station. If you want to venture outside the area, hop on a train at Panama City Passenger Station.

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