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

Cheap Hotels & Resorts in Panama City from AU$94

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Check availability on Panama City Cheap Hotels

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

Our top choices for Panama City cheap hotels

1. Principe Hotel and Suites

Principe Hotel and Suites
Bella Vista
United States
Willis
AU$94
includes taxes & fees
18 Oct - 19 Oct
Principe Hotel and Suites

2. The Executive Hotel

The Executive Hotel
Bella Vista
United States
Frank
AU$127
includes taxes & fees
8 Nov - 9 Nov
The Executive Hotel

3. Riande Urban Hotel

Riande Urban Hotel
Bella Vista
Canada
Gary
AU$128
includes taxes & fees
16 Nov - 17 Nov
Riande Urban Hotel

4. Hotel Riu Plaza Panama

Hotel Riu Plaza Panama
Bella Vista
United States
Damien
AU$225
includes taxes & fees
25 Oct - 26 Oct
Hotel Riu Plaza Panama

5. Hospedium Princess Hotel Panama

Hospedium Princess Hotel Panama
Bella Vista
United States
Gregory
AU$75
includes taxes & fees
26 Oct - 27 Oct
Hospedium Princess Hotel Panama

6. Express Inn Panama International Airport Hostel

Express Inn Panama International Airport Hostel
Tocumen Airport
United States
Oscar
AU$63
includes taxes & fees
21 Oct - 22 Oct
Express Inn Panama International Airport Hostel

7. Plaza Paitilla Inn Hotel

Plaza Paitilla Inn Hotel
San Francisco
United States
Milton
AU$157
includes taxes & fees
5 Nov - 6 Nov
Plaza Paitilla Inn Hotel

8. Viajero Casco Viejo Hostel

Viajero Casco Viejo Hostel
Casco Viejo
Australia
Ashleigh
AU$50
includes taxes & fees
19 Oct - 20 Oct
Viajero Casco Viejo Hostel

9. Hotel Coral Suites

Hotel Coral Suites
Bella Vista
United States
Teresa
AU$120
includes taxes & fees
17 Oct - 18 Oct
Hotel Coral Suites

10. Hostel the pod 33

Hostel the pod 33
Bella Vista
Costa Rica
isaias
AU$32
includes taxes & fees
17 Oct - 18 Oct
Hostel the pod 33
View all properties

Find out more about Panama City

Discover cheap things to do in Panama City

For budget-conscious travellers seeking an enriching experience in Panama City, the vibrant Casco Viejo district is a must-visit. This historic neighbourhood, a UNESCO World Heritage site, is filled with charming historic architecture, quaint plazas, and lively street art. You can explore the Plaza de Francia, where you can soak in views of the Pacific Ocean, or wander through the narrow streets, stopping for a coffee at one of the many affordable cafés. Another highlight is the Biomuseo, where an inexpensive entry fee grants you access to the stunning exhibits that celebrate Panama's biodiversity. For a taste of local life, the Mercado de Mariscos (fish market) offers delicious, fresh ceviche at pocket-friendly prices, perfect for a quick lunch. If you’re up for a stroll, the Amador Causeway provides a beautiful walking path with panoramic views of the city skyline and the canal, making it an ideal spot for a leisurely afternoon. Staying in Casco Viejo not only puts you at the heart of these experiences but also offers a range of budget hotels that promise comfort and convenience, ensuring you feel pampered without breaking the bank.

Find the best cheap hotels in Panama City

For travellers seeking affordable yet comfortable accommodations in Panama City, these hotels offer great value without compromising on essential amenities. Each hotel is well-reviewed and provides a range of services to ensure a pleasant stay.Best Western El Dorado Panama Hotel

  • Why it's great for a budget-friendly vacation: With a stellar review rating of 9.0, the Best Western El Dorado Panama Hotel is perfect for budget travellers looking for comfort and convenience. This hotel stands out for its complimentary breakfast options available daily, including continental and buffet styles, ensuring travelers start their day off right without additional costs.
  • Other amenities: The hotel features an inviting outdoor pool, fitness facilities, and a poolside restaurant for relaxed dining experiences. Guests can take advantage of free Wi-Fi and self-parking, as well as 24-hour airport shuttle services for easy access to and from the airport. Additional offerings include cribs at no extra charge and easy access to nearby shopping districts.
  • Neighborhood: Bethania
  • Nearby attractions: Crown Casino - 4.1 km, El Dorado Mall - 0.5 km, Iglesia del Carmen - 3.7 km

Principe Hotel and Suites

  • Why it's great for a budget-friendly vacation: The Principe Hotel and Suites is an excellent choice for budget-conscious travellers, with an excellent review rating of 9.0. Guests can enjoy a host of amenities designed for convenience, including free toiletries, Wi-Fi, and a 24-hour airport shuttle, making it easy to transition from travel to relaxation.
  • Other amenities: This hotel features an outdoor pool for leisure and relaxation, as well as a terrace for enjoying the fresh air. Each room comes equipped with a kitchenette, refrigerator, and microwave, ideal for those who prefer dining in. Guests can also take advantage of self-parking options, daily housekeeping, and comfortable sofa beds. The hotel’s concierge service is available to assist with local recommendations and bookings.
  • 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: The Magnolia Inn in Casco Viejo is an affordable gem, with a review rating of 9.0. With budget-friendly amenities such as free Wi-Fi and toiletries, travelers can enjoy a comfortable and convenient stay right in the historical district of Panama City.
  • Other amenities: The inn offers a communal kitchen, shared refrigerator, and microwave, perfect for those who wish to prepare their own meals. Guests can relax on the terrace or take advantage of the 24-hour airport shuttle service for effortless travel. Daily housekeeping ensures a clean and comfortable environment, while the hotel’s location provides easy access to local attractions.
  • Neighborhood: Casco Viejo
  • Nearby attractions: Avenida Balboa - 0.8 km, National Theater - 0.9 km, Metropolitan Cathedral of Panama - 0.9 km

Top Panama City Hotel Reviews

Hotel Ojos del Rio

Hotel Ojos del Rio

8/10 Good
"Estuve alojado 1 semana, vivi el terremoto del Viernes y las 150 replicas, el hotel tuvo un sistema bueno de evacuacion, la jefa de housekeping un poco desubicada, el desayuno muy basico, pero relacionado con el costo del hospedaje es aceptable."
segundo 6-night trip
Posted 1 hour ago
Hotel Ojos del Rio
Hotel Riu Plaza Panama

Hotel Riu Plaza Panama

10/10 Excellent
"Great hotel, enjoyed our stay, helpful staff, Breakfast was amazing, off the chains, large variety to choose from. Lots of healthy choices and exotic fruits. Would visit again."
Gertrude 7-night trip
Posted 5 hours ago
Hotel Riu Plaza Panama
Decapolis Hotel Panama City

Decapolis Hotel Panama City

8/10 Good
"Food was limited, but I enjoyed our stay ..3"
Mechalia 4-night trip
Posted 23 hours ago
Decapolis Hotel Panama City
JW Marriott Panama

JW Marriott Panama

10/10 Excellent
"best hotel to stay when you visit panama city"
Ahmed 1-night trip
Posted 1 day ago
JW Marriott Panama
Principe Hotel and Suites

Principe Hotel and Suites

10/10 Excellent
"Nice hotel and overall was good We have a incident with one of the employer communication need to improved"
Jose 4-night trip
Posted 1 day ago
Principe Hotel and Suites

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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