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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, (1,864 reviews)
"Wonderful staff and the room was clean"
Canada
Kiarra
The price is ¥9,007
¥9,908 total
includes taxes & fees
May 22 - May 23
Principe Hotel and Suites

Hotel Milan

Hotel Milan
3.0 star property
Bella Vista
9.0 out of 10, Wonderful, (525 reviews)
"Good hotel. Good staff. "
United States
Jesus
The price is ¥6,354
¥6,989 total
includes taxes & fees
May 24 - May 25
Hotel Milan

Hotel Ojos del Rio

Hotel Ojos del Rio
3.5 star property
Calidonia
8.0 out of 10, Very Good, (1,001 reviews)
"great hotel, amazing staffs 100/100"
United States
bibi
The price is ¥7,317
¥8,121 total
includes taxes & fees
May 26 - May 27
Hotel Ojos del Rio

Hotel Terranova

Hotel Terranova
3.0 star property
Bella Vista
7.2 out of 10, Good, (564 reviews)
"Close to shops, and restaurants. Staff were always friendly and ready to serve. It was a great experience. "
United States
Jermaine
The price is ¥6,433
¥7,076 total
includes taxes & fees
May 27 - May 28
Hotel Terranova

Hospedium Princess Hotel Panama

Hospedium Princess Hotel Panama
3.5 star property
Bella Vista
7.4 out of 10, Good, (867 reviews)
"Breakfast was great"
United States
Simmone D V
The price is ¥7,927
¥8,720 total
includes taxes & fees
Jun 21 - Jun 22
Hospedium Princess Hotel Panama

Hotel Faranda Express Soloy and Casino, a member of Radisson Individuals

Hotel Faranda Express Soloy and Casino, a member of Radisson Individuals
2.5 star property
Calidonia
7.6 out of 10, Good, (284 reviews)
"The room was very clean and the staff is very friendly and help full breakfast was excellent perfect location ."
United States
Stacey
The price is ¥10,722
¥11,794 total
includes taxes & fees
Jun 16 - Jun 17
Hotel Faranda Express Soloy and Casino, a member of Radisson Individuals

ORHO Hotel Boutique 15 Minutes from PTY Airport

ORHO Hotel Boutique 15 Minutes from PTY Airport
2.0 star property
Tocumen
8.8 out of 10, Excellent, (129 reviews)
"Lovely property, staff was always smiling and it's close to restaurants."
United States
Luis
The price is ¥18,052
¥23,431 total
includes taxes & fees
May 24 - May 25
ORHO Hotel Boutique 15 Minutes from PTY Airport

Hotel Pension Corona

Hotel Pension Corona
2.5 star property
Calidonia
7.8 out of 10, Good, (119 reviews)
"Great spot for the price "
United States
frank
The price is ¥3,120
¥3,431 total
includes taxes & fees
Jun 18 - Jun 19
Hotel Pension Corona

Hotel Coral Suites

Hotel Coral Suites
3.5 star property
Bella Vista
8.8 out of 10, Excellent, (1,000 reviews)
"Always a great stay at the Coral Suites. The staff and the cleans are always clean. I will always make a point to refer the Coral Suites."
United States
Stacey
The price is ¥11,008
¥12,109 total
includes taxes & fees
May 29 - May 30
Hotel Coral Suites

Canova

Canova
3.0 star property
Calidonia
8.2 out of 10, Very Good, (166 reviews)
"Close to the city. Quick Uber ride to everywhere."
United States
Kevin
The price is ¥4,639
¥5,103 total
includes taxes & fees
May 24 - May 25
Canova
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 The Executive 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 35 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, 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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