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

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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, (2,637 reviews)
"Staff very friendly and breakfast was ok"
United States
jose
The price is ¥18,459
¥20,306 total
includes taxes & fees
Aug 6 - Aug 7
Crowne Plaza Panama Airport by IHG

Principe Hotel and Suites

Principe Hotel and Suites
3.0 star property
Bella Vista
9.0 out of 10, Wonderful, (1,962 reviews)
"just a great place !!!!"
United States
Edgar
The price is ¥9,192
¥10,111 total
includes taxes & fees
Jul 19 - Jul 20
Principe Hotel and Suites

Riande Aeropuerto Hotel & Casino

Riande Aeropuerto Hotel & Casino
4.0 star property
Tocumen
8.4 out of 10, Very Good, (1,801 reviews)
"great location and friendly staff. Hotel provided airport shuttle was a bonus - staff knew departure times and coordinated checkout with the shuttle departure."
United States
Celia Rosa
The price is ¥19,147
¥21,062 total
includes taxes & fees
Jul 23 - Jul 24
Riande Aeropuerto Hotel & Casino

The Executive Hotel

The Executive Hotel
3.5 star property
Bella Vista
9.2 out of 10, Wonderful, (1,181 reviews)
"Breakfast was good, balcony outside room was nice to look out, lobby, bar, and cafateria were all comfortable and clean,"
United States
Ronald
The price is ¥14,379
¥15,817 total
includes taxes & fees
Aug 11 - Aug 12
The Executive Hotel

Hotel Costa Inn

Hotel Costa Inn
3.0 star property
Calidonia
7.0 out of 10, Good, (612 reviews)
"Rooms are outdated but kept clean. If you are just a one to two day stay, this is worth it. Friendly staff, clean place, restaurant and bar also."
United States
John
The price is ¥5,041
¥5,545 total
includes taxes & fees
Jul 23 - Jul 24
Hotel Costa Inn

Panama House Bed & Breakfast

Panama House Bed & Breakfast
2.5 star property
Bella Vista
9.0 out of 10, Wonderful, (215 reviews)
"This was just an overnight stay, however, staff was super friendly and helpful! Would stay here again!"
United States
Liliana
The price is ¥4,744
¥5,218 total
includes taxes & fees
Jul 28 - Jul 29
Panama House Bed & Breakfast

Hotel Riu Plaza Panama

Hotel Riu Plaza Panama
5.0 star property
Bella Vista
9.0 out of 10, Wonderful, (5,707 reviews)
"Hotel was amazing especially for the price, located in a great spot."
United States
Rocky Lee
The price is ¥23,854
¥26,239 total
includes taxes & fees
Aug 3 - Aug 4
Hotel Riu Plaza Panama

Plaza Paitilla Inn Hotel

Plaza Paitilla Inn Hotel
3.5 star property
San Francisco
9.4 out of 10, Exceptional, (2,194 reviews)
"Breakfast outstanding"
United States
Rafael
The price is ¥16,742
¥18,417 total
includes taxes & fees
Jul 27 - Jul 28
Plaza Paitilla Inn Hotel

Hotel Milan

Hotel Milan
3.0 star property
Bella Vista
9.0 out of 10, Wonderful, (548 reviews)
"Great place to stay"
United States
Kelly
The price is ¥6,485
¥7,133 total
includes taxes & fees
Jul 21 - Jul 22
Hotel Milan

Waymore Hotel Spa & Casino

Waymore Hotel Spa & Casino
4.0 star property
Bella Vista
9.0 out of 10, Wonderful, (1,010 reviews)
"Great experience!!! Would definitely stay again."
United States
Stacian
The price is ¥14,300
¥17,615 total
includes taxes & fees
Jul 18 - Jul 19
Waymore Hotel Spa & Casino
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

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

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 Riande Urban Hotel and Principe Hotel and Suites.
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 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 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, and Santo Tomas Station. If you want to explore the larger area, ride aboard one of the trains from Panama City Passenger Station.

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