Panama City Cheap Hotels

  • Change your mind

    Book hotels with free cancellation
  • Treat yourself

    Sign in to save 10% or more on thousands of hotels
  • Be picky

    Search almost a million properties worldwide

Check availability on Panama City Cheap Hotels

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, (2,527 reviews)
"Good place to stay while traveling."
United States
Annery
The price is HK$955
HK$1,102 total
includes taxes & fees
30 May - 31 May
Crowne Plaza Panama Airport by IHG

Radisson Hotel Panama Canal

Radisson Hotel Panama Canal
4.5 star property
Amador
8.6 out of 10, Excellent, (1,011 reviews)
"Good hotel, great pool, great location, full breakfast. "
Canada
Byron
The price is HK$610
HK$671 total
includes taxes & fees
24 May - 25 May
Radisson Hotel Panama Canal

Hotel Riu Plaza Panama

Hotel Riu Plaza Panama
5.0 star property
Bella Vista
9.0 out of 10, Wonderful, (5,414 reviews)
"The hotel was beautiful, great location to a lot of different tours and excursions we did . "
United States
Tiffany
The price is HK$1,135
HK$1,249 total
includes taxes & fees
26 May - 27 May
Hotel Riu Plaza Panama

Riande Aeropuerto Hotel & Casino

Riande Aeropuerto Hotel & Casino
4.0 star property
Tocumen
8.4 out of 10, Very good, (1,846 reviews)
"This hotel is very clean and the Staff are very friendly."
United States
Doreen
The price is HK$856
HK$942 total
includes taxes & fees
27 May - 28 May
Riande Aeropuerto Hotel & Casino

The Executive Hotel

The Executive Hotel
3.5 star property
Bella Vista
9.2 out of 10, Wonderful, (1,108 reviews)
"It was a nice stay and breakfast is delicious"
United States
Susana
The price is HK$658
HK$723 total
includes taxes & fees
8 Jun - 9 Jun
The Executive Hotel

Plaza Paitilla Inn Hotel

Plaza Paitilla Inn Hotel
3.5 star property
San Francisco
9.4 out of 10, Exceptional, (2,162 reviews)
"great breakfast, great staff"
United States
Eduardo
The price is HK$809
HK$889 total
includes taxes & fees
5 Jun - 6 Jun
Plaza Paitilla Inn Hotel

Courtyard by Marriott Panama Metromall

Courtyard by Marriott Panama Metromall
4.0 star property
San Antonio
9.0 out of 10, Wonderful, (1,010 reviews)
"Great service, very comfortable beds, truly excellent breakfast manager and staff. "
United States
Elizabeth
The price is HK$725
HK$798 total
includes taxes & fees
23 May - 24 May
Courtyard by Marriott Panama Metromall

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, (118 reviews)
"Great place to stay with plenty of places nearby for food and drinks"
United States
Thomas
The price is HK$890
HK$1,155 total
includes taxes & fees
11 May - 12 May
ORHO Hotel Boutique 15 Minutes from PTY Airport

Hyatt Regency Panama City

Hyatt Regency Panama City
5.0 star property
Bella Vista
9.6 out of 10, Exceptional, (302 reviews)
"Loved the room, the restaurant and the Gym was very well equipped"
United States
Jennifer Irene
The price is HK$1,198
HK$1,318 total
includes taxes & fees
31 May - 1 Jun
Hyatt Regency Panama City

Ramada Plaza by Wyndham Panama Punta Pacifica

Ramada Plaza by Wyndham Panama Punta Pacifica
4.0 star property
San Francisco
9.6 out of 10, Exceptional, (1,185 reviews)
"Clean room, very helpful staff and great breakfast."
United States
Emmanuela
The price is HK$785
HK$864 total
includes taxes & fees
26 May - 27 May
Ramada Plaza by Wyndham Panama Punta Pacifica
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 Principe Hotel and Suites 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 34 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.

Explore a world of travel with Expedia