A red bridge over a pond with people walking on it, surrounded by lush green trees and a stone lantern.

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Our top choices for Palermo cheap hotels

A historic building with ornate architectural details, including a balcony and decorative windows.

1. Play Hostel Arcos

Play Hostel Arcos
2.0 star property
Palermo
8.0 out of 10, Very good, (132 reviews)
"Brilliant place to stay"
United Kingdom
Emily
The price is ￥4,313
￥4,781 total
Oct 21 - Oct 22
Play Hostel Arcos
A hotel room with a bed, a chair, a balcony with a view of greenery, and a wall with motivational posters.

2. Art Factory Soho

Art Factory Soho
2.5 star property
Palermo
7.6 out of 10, Good, (167 reviews)
"Staff were helpful and the hotel is in a very good position in the city"
Argentina
Suzanne C
The price is ￥6,506
￥6,982 total
Oct 25 - Oct 26
Art Factory Soho
A hotel reception area with a mural, a reception desk, a seating area, and a hallway leading to a room.

3. Play Hostel Garden

Play Hostel Garden
2.0 star property
Palermo
9.0 out of 10, Wonderful, (14 reviews)
"Great stay here. Definitely one of the nicer hostels we've been to. The hot water was a bit hit and miss, but otherwise our room was ideal. I would stay again next time I'm in Buenos Aires."
United Kingdom
Abigail
The price is ￥11,093
￥11,567 total
Oct 29 - Oct 30
Play Hostel Garden
A dining table set outdoors with multiple wine glasses, wooden coasters, and cutlery.

4. PH Palermo Hostel

PH Palermo Hostel
2.0 star property
Palermo
8.6 out of 10, Excellent, (10 reviews)
"Andrea iat front desk s the best, great service, big heart for us travelers. Worst part is i ordered a private room but had to go outside in the closed courtyard down the hall to rhe bsthroom in 40 degree weather at night. The other rooms are indoors.The hotel is in a central area of the best part of town Palermo Soho. "
United States
Roberta
The price is ￥6,323
￥6,797 total
Nov 2 - Nov 3
PH Palermo Hostel
A staircase with a modern design, a sign for 'SH PALERMO SOHO', and a painting on the wall.

5. Sweet Home Palermo Soho Hostel

Sweet Home Palermo Soho Hostel
2.0 star property
Palermo
6.8 out of 10, (17 reviews)
"Great location. Great price. Great staff. Perfect for someone like me who wants a safe, clean place to stay, and wants to prioritize the wonderful people and city of Buenos Aires. A European style hostel - private bathroom down the hall. Just what I wanted."
United States
Bruce
The price is ￥9,102
￥9,576 total
Nov 2 - Nov 3
Sweet Home Palermo Soho Hostel
A hotel room with a large sliding glass door leading to a balcony, a bed with a checkered bedspread, a nightstand with a lamp, and framed pictures on the wall.

6. Play Hostel Soho

Play Hostel Soho
2.0 star property
Palermo
7.4 out of 10, Good, (52 reviews)
"Friendly staff"
United States
Sol
The price is ￥4,825
￥5,293 total
Nov 19 - Nov 20
Play Hostel Soho
A courtyard with a tiled floor, a mosaic table, potted plants, and a bench.

7. Palermo Soho Hostel

Palermo Soho Hostel
2.0 star property
Palermo
5.0 out of 10, (12 reviews)
"Lodging accommodations overall terrible conditions, bathroom terrible conditions, really bad shape."
United States
Marisa
The price is ￥4,846
￥5,322 total
Nov 7 - Nov 8
Palermo Soho Hostel
A modern living room with a dining area, white brick walls, a flat-screen TV, and a large window.

8. MOT + Ravignani 1668- 3 dormitorios, pileta y parrilla

MOT + Ravignani 1668- 3 dormitorios, pileta y parrilla
2.0 star property
Palermo
The price is ￥12,554
￥24,918 total
Oct 21 - Oct 22
MOT + Ravignani 1668- 3 dormitorios, pileta y parrilla
A living room with a sofa, a coffee table, and a wall mural.

9. MOT Cerviño 3400

MOT Cerviño 3400
2.0 star property
Palermo
2.0 out of 10, (1 review)
"El depertamemto estaba en mal estado y no habia agua ni para lavarse los dientes. Las almohadas eran tan malas que no se podoa dormir y habia una bomba de agua que hace un ruido tremendo que no deja dormir. El check in fue desastroso y nunca pudimos entrar en contacto con alguien que nos asista. El edificio esta en mal estado y no tiene ascensor, por lo tanto hay que subir las valijas por las escaleras. Definitivamente NO recomendable."
United States
Santiago
The price is ￥14,222
￥24,967 total
Nov 2 - Nov 3
MOT Cerviño 3400
A hallway with wooden doors and shutters, a tiled floor, and a potted plant.

10. MOT + Soria 5122 - 4 Bedroom Pool & Grill Palermo Soho

MOT + Soria 5122 - 4 Bedroom Pool & Grill Palermo Soho
3.0 star property
Palermo
6.0 out of 10, (1 review)
"The hotel was nice and good area. But very cold and not very clean bathrooms. The check in process was very lengthy"
United States
Estefanía
The price is ￥27,581
￥43,908 total
Oct 21 - Oct 22
MOT + Soria 5122 - 4 Bedroom Pool & Grill Palermo Soho
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.
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Top Palermo Hotel Reviews

Bulnes Eco Suites

Bulnes Eco Suites

10/10 Excellent
"La habitación era amplia. Los empleados muy amables en recepción."
sergio 1-night trip
Posted 1 day ago
Bulnes Eco Suites
Ilum Experience Home

Ilum Experience Home

10/10 Excellent
"Excellent location, you can walk everywhere. Plaza serrano is 10 minutes away. That’s where you can find the pretty narrow streets and many places to eat. At night, it also comes alive with music, drinks and more. The hotel feels personal and decor rates with love. The staff is exceptional, special thanks to the front desk team: Jose, Jean, Milena, Agustín. Definitely recommend"
ALFIE 2-night trip
Posted 7 days ago
Ilum Experience Home

Frequently asked questions

What is Palermo like for travelers on a budget?
Palermo has cheap accommodation options and a variety of places to visit, making it a great getaway spot for budget travelers. You can find ways to save money while getting to know this destination, which is home to attractions like USA Applicant Service Center, La Rural, and Distrito Arcos.
What's the best budget-friendly hotel in Palermo?
Based on our traveler reviews, Play Hostel Arcos is a top choice for a less expensive stay. Other options to stay on the cheap include Play Hostel Garden and PH Palermo Hostel.
How many inexpensive hotels can I expect to find in Palermo?
Expedia has 14 hotels in Palermo that are ideal if you are watching your pennies.
What is there to see and do in Palermo?
Palermo attracts visitors with its abundant cafes 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 Obelisco, and then look for sights and activities that cost little or nothing at all. Enjoy the outdoors at Bosques de Palermo and Serrano Square, or hunt for bargains with some shopping at Distrito Arcos.
How can I get to Palermo and get around on a budget?
Scoping out the transportation options in Palermo can help keep you on budget. The closest airport is Buenos Aires (AEP-Aeroparque Jorge Newbery), 1.7 mi (2.8 km) away. However, if that doesn't suit your budget, the next closest is 17.3 mi (27.9 km) away: Ministro Pistarini Intl. Airport (EZE). You can take advantage of metro transit at Palermo Station, Plaza Italia Station, and R. Scalabrini Ortiz Station.