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

Cheap Hotels & Resorts in Panama City from AU$63

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Check availability on Panama City Cheap Hotels

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, (1,955 reviews)
"just a great place !!!!"
United States
Edgar
The price is AU$89
includes taxes & fees
16 Aug - 17 Aug
Principe Hotel and Suites

Crowne Plaza Panama Airport by IHG

Crowne Plaza Panama Airport by IHG
4.0 star property
Tocumen
8.6 out of 10, Excellent, (2,640 reviews)
"Staff very friendly and breakfast was ok"
United States
jose
The price is AU$173
includes taxes & fees
15 Aug - 16 Aug
Crowne Plaza Panama Airport by IHG

The Executive Hotel

The Executive Hotel
3.5 star property
Bella Vista
9.2 out of 10, Wonderful, (1,183 reviews)
"Will definitely stay there again"
United States
Carleen
The price is AU$139
includes taxes & fees
11 Aug - 12 Aug
The Executive Hotel

Waymore Hotel Spa & Casino

Waymore Hotel Spa & Casino
4.0 star property
Bella Vista
9.0 out of 10, Wonderful, (1,011 reviews)
"Great experience!!! Would definitely stay again."
United States
Stacian
The price is AU$149
includes taxes & fees
25 July - 26 July
Waymore Hotel Spa & Casino

Decapolis Hotel Panama City

Decapolis Hotel Panama City
4.0 star property
San Francisco
8.6 out of 10, Excellent, (1,708 reviews)
"Nice location"
United States
Yu Chih
The price is AU$162
includes taxes & fees
11 Aug - 12 Aug
Decapolis Hotel Panama City

Plaza Paitilla Inn Hotel

Plaza Paitilla Inn Hotel
3.5 star property
San Francisco
9.4 out of 10, Exceptional, (2,196 reviews)
"Excellent stay"
United States
Danny
The price is AU$162
includes taxes & fees
5 Aug - 6 Aug
Plaza Paitilla Inn Hotel

Hotel Milan

Hotel Milan
3.0 star property
Bella Vista
9.0 out of 10, Wonderful, (549 reviews)
"Great place to stay"
United States
Kelly
The price is AU$63
includes taxes & fees
24 July - 25 July
Hotel Milan

Radisson Hotel Panama Canal

Radisson Hotel Panama Canal
4.5 star property
Amador
8.6 out of 10, Excellent, (1,000 reviews)
"The breakfast was very good. We love staying here"
United States
Patricia
The price is AU$134
includes taxes & fees
15 Aug - 16 Aug
Radisson Hotel Panama Canal

Riande Aeropuerto Hotel & Casino

Riande Aeropuerto Hotel & Casino
4.0 star property
Tocumen
8.4 out of 10, Very good, (1,804 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 AU$185
includes taxes & fees
22 July - 23 July
Riande Aeropuerto Hotel & Casino

Courtyard by Marriott Panama Multiplaza Mall

Courtyard by Marriott Panama Multiplaza Mall
4.0 star property
San Francisco
9.0 out of 10, Wonderful, (1,005 reviews)
"Clean room, great staff, shops nearby."
United States
Lisandra
The price is AU$172
includes taxes & fees
25 July - 26 July
Courtyard by Marriott Panama Multiplaza Mall
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

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

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 Riande Urban Hotel and Principe Hotel and Suites.
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 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 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 and Santo Tomas Station. If you want to venture outside the area, hop on a train at Panama City Passenger Station.