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
7 Oct - 8 Oct
Tomorrow
8 Oct - 9 Oct
This weekend
9 Oct - 11 Oct
Next weekend
16 Oct - 18 Oct

Our top choices for Panama City cheap hotels

A modern lobby with a chandelier, seating area, reception desk, and a staircase.
A modern hotel lobby with a marble reception desk, comfortable seating, a large painting, and a large plant.
A lobby with a reception desk, seating area, and a bar.
A dining area with a glass table, wicker chairs, a plate of fruit, and a cocktail glass.

1. The Executive Hotel

The Executive Hotel
Bella Vista
United States
Sandra
HK$626
HK$689 total
includes taxes & fees
1 Nov - 2 Nov
The Executive Hotel
A hotel named PRINCIPE with a modern facade and large glass windows.
A hotel reception area with a modern design, featuring a reception desk, white chairs, and a visible fire feature.
A swimming pool with lounge chairs and a table.
A hotel room with a TV mounted on the wall, a large mirror, and a red bedspread.

2. Principe Hotel and Suites

Principe Hotel and Suites
Bella Vista
United States
Willis
HK$464
HK$510 total
includes taxes & fees
10 Oct - 11 Oct
Principe Hotel and Suites
A rooftop pool with sun loungers and umbrellas, surrounded by palm trees and modern buildings.
A spacious lobby with a central seating area, a chandelier, and a modern ceiling design.
A hotel room with a bed, a TV, a desk, and a view of the cityscape through a window.
A modern living room with a sofa set, a coffee table, and a dining area with chairs and a table.

3. Hotel Riu Plaza Panama

Hotel Riu Plaza Panama
Bella Vista
United States
Avanel
HK$1,035
HK$1,139 total
includes taxes & fees
21 Oct - 22 Oct
Hotel Riu Plaza Panama
A covered outdoor seating area with a view of a city skyline and water.
A cityscape with high-rise buildings, a waterfront, and a modern sculpture.
A nighttime view of a high-rise building complex with illuminated windows and a prominent red-lit structure.
A hotel room with two beds, a desk, and a large window offering a city view.

4. Plaza Paitilla Inn Hotel

Plaza Paitilla Inn Hotel
San Francisco
United States
Milton
HK$850
HK$850 total
includes taxes & fees
21 Oct - 22 Oct
Plaza Paitilla Inn Hotel
A conference room with a large table, chairs, a potted plant, and a curtain backdrop.
A hotel room with a large bed, a bedside table with a phone and a digital clock, and a wall-mounted air conditioning unit.
A swimming pool surrounded by lush tropical plants and red lounge chairs.
A gym with exercise equipment, a treadmill, and a mirrored wall reflecting the interior.

5. Riande Urban Hotel

Riande Urban Hotel
Bella Vista
United States
Hector
HK$715
HK$787 total
includes taxes & fees
12 Oct - 13 Oct
Riande Urban Hotel
A cozy indoor seating area with wooden chairs and tables, surrounded by shelves with plants and books.
A restaurant with a long counter, multiple tables, and a decorative fish tank.
A modern hotel lobby with a reception desk, a large potted plant, and a minibar.
A cozy café with wooden furniture, potted plants, and exposed pipes.

6. Viajero Casco Viejo Hostel

Viajero Casco Viejo Hostel
Casco Viejo
Australia
Ashleigh
HK$231
HK$254 total
includes taxes & fees
19 Oct - 20 Oct
Viajero Casco Viejo Hostel
A buffet setup with various food items and a large mirror reflecting the space.
A spacious living area with a glass dining table, white sofas, and a bar area with stools.
A rooftop pool with lounge chairs and a view of the city skyline at dusk.
A modern building with a prominent vertical structure and a casino sign.

7. Hospedium Princess Hotel Panama

Hospedium Princess Hotel Panama
Bella Vista
United States
Gregory
HK$387
HK$426 total
includes taxes & fees
21 Oct - 22 Oct
Hospedium Princess Hotel Panama
A swimming pool with a tiled edge, surrounded by a fence and potted plants.
A hotel room with three beds, a desk, and a chair.
A bathroom with a toilet, sink, and shower.
A hotel corridor with hexagonal patterned flooring, a wooden staircase, an elevator, and a reception area with a counter and informational signs.

8. HOTEL SAN THOMAS INN

HOTEL SAN THOMAS INN
Calidonia
United States
Karen Elizabeth
HK$222
HK$245 total
includes taxes & fees
10 Oct - 11 Oct
HOTEL SAN THOMAS INN
A compact, wooden-paneled room with a single bed, a small window, and a curtain.
A kitchen with stainless steel appliances, a tiled floor, and a ceiling with a skylight.
A kitchen with a stove, shelves with kitchenware, and a coffee maker.
A room with bunk beds and a single bed, tiled floor, and an air conditioning unit.

9. Hostel the pod 33

Hostel the pod 33
Bella Vista
Costa Rica
isaias
HK$156
HK$172 total
includes taxes & fees
9 Oct - 10 Oct
Hostel the pod 33
A spacious lobby with a chandelier, seating area, and a large mirror.
A living room with a beige sofa, a green armchair, and a wooden coffee table.
A hotel room with a bed, a sofa, a desk, and a chair.
A spacious lobby with a polished floor, a seating area with a sofa and armchairs, a glass coffee table, and a chandelier.

10. Hotel Coral Suites

Hotel Coral Suites
Bella Vista
United States
Teresa
HK$593
HK$653 total
includes taxes & fees
9 Oct - 10 Oct
Hotel Coral Suites
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
"Very good hotel except for persistent request for date them"
robert 1-night trip
Posted 7 hours ago
Hotel Riu Plaza Panama
Hotel Ojos del Rio

Hotel Ojos del Rio

8/10 Good
"No hot water in the shower."
charles 2-night trip
Posted 8 days ago
Hotel Ojos del Rio

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 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 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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