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

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Check availability on Panama City Cheap Hotels

Tonight
Oct 15 - Oct 16
Tomorrow
Oct 16 - Oct 17
This weekend
Oct 16 - Oct 18
Next weekend
Oct 23 - Oct 25

Our top choices for Panama City cheap hotels

A hotel named PRINCIPE with a modern facade and large glass windows.
A hotel room with a TV mounted on the wall, a large mirror, and a red bedspread.
A swimming pool with lounge chairs and a table.
A hotel lobby with a reception desk, seating area, and a visible sign for 'PRINCIPES HOTEL & SQUITES'.

1. Principe Hotel and Suites

Principe Hotel and Suites
Bella Vista
United States
Willis
￥9,347
￥10,282 total
includes taxes & fees
Oct 16 - Oct 17
Principe Hotel and Suites
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.

2. The Executive Hotel

The Executive Hotel
Bella Vista
United States
Sandra
￥12,620
￥13,881 total
includes taxes & fees
Nov 15 - Nov 16
The Executive Hotel
A rooftop pool with sun loungers and umbrellas, surrounded by palm trees and modern buildings.
A hotel room with a bed, a TV, a desk, and a view of the cityscape through a window.
A modern hotel room with a dining area, a TV, and a city view.
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
Yullando Abbigale
￥18,627
￥20,490 total
includes taxes & fees
Oct 28 - Oct 29
Hotel Riu Plaza Panama
A buffet setup with various food items and a large mirror reflecting the space.
A modern hotel lobby with a curved floor design, a central seating area, and a piano.
A modern building with a prominent vertical structure and a casino sign.
A rooftop pool with lounge chairs and a view of the city skyline at dusk.

4. Hospedium Princess Hotel Panama

Hospedium Princess Hotel Panama
Bella Vista
United States
Gregory
￥7,489
￥8,237 total
includes taxes & fees
Oct 28 - Oct 29
Hospedium Princess Hotel Panama
A cozy indoor seating area with wooden chairs and tables, surrounded by shelves with plants and books.
A modern hotel lobby with a reception desk, a large potted plant, and a minibar.
A rooftop terrace with a pool, seating areas, and a view of a city skyline and waterfront.
A cozy café with wooden furniture, potted plants, and exposed pipes.

5. Viajero Casco Viejo Hostel

Viajero Casco Viejo Hostel
Casco Viejo
Australia
Ashleigh
￥4,930
￥5,423 total
includes taxes & fees
Oct 19 - Oct 20
Viajero Casco Viejo Hostel
A conference room with a large table, chairs, a potted plant, and a curtain backdrop.
A restaurant with a view of a pool and palm trees, featuring wooden furniture and a modern interior design.
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 modern hotel lobby with a reception desk, seating area, and a large decorative light fixture.

6. Riande Urban Hotel

Riande Urban Hotel
Bella Vista
Canada
Gary
￥13,616
￥15,112 total
includes taxes & fees
Nov 14 - Nov 15
Riande Urban Hotel
A covered outdoor seating area with a view of a city skyline and water.
A nighttime view of a high-rise building complex with illuminated windows and a prominent red-lit structure.
A cityscape with high-rise buildings, a waterfront, and a modern sculpture.
A restaurant with large windows offering a view of a city skyline and palm trees.

7. Plaza Paitilla Inn Hotel

Plaza Paitilla Inn Hotel
San Francisco
United States
Milton
￥17,157
￥17,157 total
includes taxes & fees
Oct 28 - Oct 29
Plaza Paitilla Inn Hotel
A compact, wooden-paneled room with a single bed, a small window, and a curtain.
A room with bunk beds and a single bed, tiled floor, and an air conditioning unit.
A room with yellow chairs, a green sofa, and a person sitting at a table.
A kitchen with a stove, shelves with kitchenware, and a coffee maker.

8. Hostel the pod 33

Hostel the pod 33
Bella Vista
Costa Rica
isaias
￥3,074
￥3,423 total
includes taxes & fees
Oct 17 - Oct 18
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.

9. Hotel Coral Suites

Hotel Coral Suites
Bella Vista
United States
Teresa
￥11,951
￥13,146 total
includes taxes & fees
Oct 20 - Oct 21
Hotel Coral Suites
A modern hotel room with a large bed, a bedside table, and a wall-mounted light fixture.
A hotel reception area with a modern design, featuring a reception desk, two flat-screen TVs displaying fire images, a fish tank, and a chandelier.
A plate of scrambled eggs, toast, and a small bottle of oil on a wooden table.
A multi-story building with a beige facade, multiple windows with white frames, a glass staircase, and a metal gate.

10. Axha Hostel

Axha Hostel
Calidonia
United States
Antony
￥3,233
￥3,556 total
includes taxes & fees
Oct 17 - Oct 18
Axha Hostel
View all properties

Find out more about Panama City

Discover cheap things to do in Panama City

Panama City is a vibrant mix of history, culture, and stunning modernity, all accessible on a budget. Start your adventure at the historic Casco Viejo, where cobblestone streets lead you to charming cafes and boutiques; the area is also home to the beautiful Plaza de Francia, offering a scenic spot for families to relax. Don't miss the Panama Canal, where you can visit the Miraflores Visitor Center to watch ships transit and learn about the canal's history—entry is affordable and educational for kids. For a taste of local life, head to the Mercado de Mariscos, where you can sample fresh ceviche at incredibly low prices. The Amador Causeway is perfect for biking or strolling, with stunning views of the skyline and the Pacific Ocean, and there are budget-friendly kiosks offering snacks. Consider staying in the El Cangrejo neighborhood; it’s lined with affordable hotels and bustling with street vendors and local culture, making it easy to explore nearby attractions without breaking the bank. With attentive service and a welcoming atmosphere, you’ll feel well taken care of while enjoying the best of Panama City.

Find the best cheap hotels in Panama City

Travelers looking for budget-friendly accommodations in Panama City will find these hotels offering comfort and essential amenities at great prices. Each option ensures a pleasant stay without breaking the bank.Best Western El Dorado Panama Hotel

  • Why it's great for a budget-friendly vacation: Best Western El Dorado Panama Hotel caters to travelers on a budget without compromising on quality, a review rating of 9.0. Guests will enjoy a complimentary buffet breakfast on weekends, Wi-Fi, and 24-hour airport shuttle service, making it a practical choice for those seeking comfort and value in Bethania. The outdoor pool and fitness facilities also offer excellent options for relaxation and rejuvenation.
  • Other amenities: Additional features include free toiletries, self-parking, and a range of dining options, including a poolside restaurant. The hotel also provides early check-in and late check-out options, ensuring flexibility for guests. With nearby shopping and attractions, this hotel is well-situated for travelers looking to explore the vibrant surroundings.
  • Neighborhood: Bethania
  • Nearby attractions: Crown Casino - 2.53 miles, El Dorado Mall - 0.3 miles, Iglesia del Carmen - 2.31 miles

Principe Hotel and Suites

  • Why it's great for a budget-friendly vacation: Principe Hotel and Suites is an excellent choice for budget-conscious travelers seeking comfort and convenience in Bella Vista. With a robust review rating of 9.0, guests will appreciate amenities such as free toiletries, Wi-Fi, and 24-hour airport shuttle service, ensuring a straightforward stay. The outdoor pool and terrace provide relaxing spaces to unwind after a day of exploring the city.
  • Other amenities: In addition to its budget amenities, the hotel features self-parking options, a kitchenette in select rooms, and daily housekeeping for added convenience. Guests can also take advantage of room service, air conditioning for comfort, and sun loungers by the pool, creating a welcoming place for all visitors.
  • Neighborhood: Bella Vista
  • Nearby attractions: Uruguay Street - 1.01 miles, Crown Casino - 0.9 miles, Via Espana - 0.54 miles

Magnolia Inn

  • Why it's great for a budget-friendly vacation: Magnolia Inn is an affordable option located in the historic Casco Viejo district, perfect for budget-conscious travelers. With a review rating of 9.0, guests can expect essential amenities such as free toiletries, Wi-Fi, and a 24-hour airport shuttle service. The shared kitchen facilities and common areas provide a welcoming atmosphere, ideal for meeting fellow travelers.
  • Other amenities: Beyond the basics, Magnolia Inn features a terrace for relaxing moments, shared refrigerators, and a coffee/tea maker in rooms. Daily housekeeping ensures a tidy stay, while the inn's nearby historical sites and vibrant local culture makes it an excellent choice for those looking to explore Panama City on a budget.
  • Neighborhood: Casco Viejo
  • Nearby attractions: Avenida Balboa - 0.5 miles, Metropolitan Cathedral of Panama - 0.57 miles, National Theater - 0.56 miles

Top Panama City Hotel Reviews

Principe Hotel and Suites

Principe Hotel and Suites

10/10 Excellent
"Wonderful budget minded hotel. No Mini fridge or coffee maker. However, there is a 24 hour market next door with an automatic coffee maker. We would stay again."
Judy 1-night trip
Posted 21 hours ago
Principe Hotel and Suites

Frequently asked questions

What is Panama City like for travelers on a budget?
Panama City offers a variety of cheap accommodations and things to do, making it a great getaway spot for budget travelers. In addition to its well-known attractions like 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 accommodation in Panama City?
Based on reviews, Hotel Riu Plaza Panama is a popular hotel for our travelers who want a more economical choice, and features free buffet breakfast and free WiFi. Other options for your budget-friendly stay include Principe Hotel and Suites and The Executive Hotel.
How many budget hotels can I expect to find in Panama City?
Choose a hotel that suits your wallet among 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, and keep 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 temp of 80°F, while the coldest months are January and February with an average of 79°F. The rainiest months in Panama City are July, August, June, and November, with each month seeing an average of 15 inches 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 2.5 mi (4 km) from the center in Panama City (PAC-Marcos A. Gelabert Intl.). However, if that doesn't suit your budget, you can look into flights to Balboa (BLB-Panama Pacifico Intl.), which is 6.3 mi (10.1 km) away. Take advantage of metro transit at Iglesia del Carmen Station, Vía Argentina Station, and Santo Tomás Station. If you want to explore the larger area, ride aboard one of the trains from Panama City Passenger Station.

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