Panama City Cheap Hotels

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Our top choices for Panama City cheap hotels

Principe Hotel and Suites

Principe Hotel and Suites
3.0 star property
Bella Vista
9.0 out of 10, Wonderful, (1,657 reviews)
"Location, clean, good helpful staff"
Canada
Rocky
The price is HK$456
HK$502 total
includes taxes & fees
22 Jan - 23 Jan
Principe Hotel and Suites

Riande Urban Hotel

Riande Urban Hotel
3.5 star property
Bella Vista
8.8 out of 10, Excellent, (1,056 reviews)
"good location most staff very friendly "
Canada
Ron
The price is HK$656
HK$721 total
includes taxes & fees
21 Jan - 22 Jan
Riande Urban Hotel

The Executive Hotel

The Executive Hotel
3.5 star property
Bella Vista
9.2 out of 10, Wonderful, (1,007 reviews)
"A nice hotel to stay great location"
United States
angela
The Executive Hotel

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, (1,145 reviews)
"Great staff, breakfast and location "
Canada
Corinne
The price is HK$862
HK$948 total
includes taxes & fees
1 Feb - 2 Feb
Ramada Plaza by Wyndham Panama Punta Pacifica

Plaza Paitilla Inn Hotel

Plaza Paitilla Inn Hotel
3.5 star property
San Francisco
9.4 out of 10, Exceptional, (2,154 reviews)
"Definitely a great place to stay. Staff was excellent. "
United States
Eric
The price is HK$720
HK$792 total
includes taxes & fees
22 Jan - 23 Jan
Plaza Paitilla Inn Hotel

Hotel Coral Suites

Hotel Coral Suites
3.5 star property
Bella Vista
9.0 out of 10, Wonderful, (1,003 reviews)
"Clean rooms, staff friendly and helpful. "
Canada
Luis
The price is HK$540
HK$594 total
includes taxes & fees
12 Feb - 13 Feb
Hotel Coral Suites

TRYP by Wyndham Panamá Centro

TRYP by Wyndham Panamá Centro
3.5 star property
Bella Vista
9.2 out of 10, Wonderful, (1,003 reviews)
"Great stay, the room was clean, the staff were friendly, the breakfast was excellent with good verity. "
United States
Michael
The price is HK$733
HK$806 total
includes taxes & fees
18 Feb - 19 Feb
TRYP by Wyndham Panamá Centro

The Santa Maria, A Luxury Collection Hotel & Golf Resort, Panama City

The Santa Maria, A Luxury Collection Hotel & Golf Resort, Panama City
5.0 star property
Juan Diaz
9.6 out of 10, Exceptional, (657 reviews)
"As usual the stay was amazing in this hotel"
United States
Jose
The price is HK$1,982
HK$2,181 total
includes taxes & fees
15 Feb - 16 Feb
The Santa Maria, A Luxury Collection Hotel & Golf Resort, Panama City

Bristol Panama, a Registry Collection Hotel

Bristol Panama, a Registry Collection Hotel
5.0 star property
Bella Vista
9.4 out of 10, Exceptional, (1,002 reviews)
"All was perfect for our Christmas vacation - staff food and rooms - would definitely stay here again"
United States
PROBIR MAYUR
The price is HK$1,614
HK$1,775 total
includes taxes & fees
19 Feb - 20 Feb
Bristol Panama, a Registry Collection Hotel

Sheraton Grand Panama

Sheraton Grand Panama
4.0 star property
San Francisco
8.6 out of 10, Excellent, (1,005 reviews)
"Super friendly staff"
United States
Geoffrey
The price is HK$1,007
HK$1,108 total
includes taxes & fees
23 Jan - 24 Jan
Sheraton Grand Panama
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 33 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 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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