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

This weekend
Oct 30 - Nov 1
Next weekend
Nov 6 - Nov 8

Our top choices for Panama City cheap hotels

A rooftop pool with sun loungers and umbrellas, surrounded by palm trees and modern buildings.

1. Hotel Riu Plaza Panama

Hotel Riu Plaza Panama
5.0 star property
Bella Vista
9.0 out of 10, Wonderful, (6,142 reviews)
"Great clean hotel! Very nice location"
Canada
Sean
The price is NT$4,603
NT$5,063 total
includes taxes & fees
Nov 23 - Nov 24
Hotel Riu Plaza Panama
A modern lobby with a chandelier, seating area, reception desk, and a staircase.

2. The Executive Hotel

The Executive Hotel
3.5 star property
Bella Vista
9.2 out of 10, Wonderful, (1,299 reviews)
"The staff were very helpful and friendly, also it was a nice location to restaurants and some attractions"
United States
Shereka
The price is NT$2,598
NT$2,858 total
includes taxes & fees
Nov 24 - Nov 25
The Executive Hotel
A hotel named PRINCIPE with a modern facade and large glass windows.

3. Principe Hotel and Suites

Principe Hotel and Suites
3.0 star property
Bella Vista
9.0 out of 10, Wonderful, (2,128 reviews)
"Very economically priced for a short comfortable stay whilst on holiday or business"
United States
Lisa
The price is NT$1,917
NT$2,109 total
includes taxes & fees
Nov 2 - Nov 3
Principe Hotel and Suites
An outdoor dining area with tables and umbrellas, a person playing a saxophone, and a building with illuminated windows in the background.

4. Riande Urban Hotel

Riande Urban Hotel
3.5 star property
Bella Vista
8.8 out of 10, Excellent, (1,039 reviews)
"Good breakfast and staff"
United States
Travis
The price is NT$2,598
NT$2,858 total
includes taxes & fees
Nov 1 - Nov 2
Riande Urban Hotel
A cozy indoor seating area with wooden chairs and tables, surrounded by shelves with plants and books.

5. Viajero Casco Viejo Hostel

Viajero Casco Viejo Hostel
2.0 star property
Casco Viejo
8.6 out of 10, Excellent, (75 reviews)
"Great location, heaps of activities offered, friendly staff and great amenities. We loved our stay here!"
Australia
Ashleigh
The price is NT$986
NT$1,084 total
includes taxes & fees
Nov 29 - Nov 30
Viajero Casco Viejo Hostel
A covered outdoor seating area with a view of a city skyline and water.

6. Plaza Paitilla Inn Hotel

Plaza Paitilla Inn Hotel
3.5 star property
San Francisco
9.4 out of 10, Exceptional, (2,233 reviews)
"Nice place close to everything."
United States
Rene
The price is NT$4,254
NT$4,679 total
includes taxes & fees
Nov 7 - Nov 8
Plaza Paitilla Inn Hotel
A buffet setup with various food items and a large mirror reflecting the space.

7. Hospedium Princess Hotel Panama

Hospedium Princess Hotel Panama
3.5 star property
Bella Vista
7.2 out of 10, Good, (1,015 reviews)
"Lot of restaurants and shops nearby."
United Kingdom
RAMESH
The price is NT$1,591
NT$1,750 total
includes taxes & fees
Nov 12 - Nov 13
Hospedium Princess Hotel Panama
A compact, wooden-paneled room with a single bed, a small window, and a curtain.

8. Hostel the pod 33

Hostel the pod 33
2.0 star property
Bella Vista
7.8 out of 10, Good, (78 reviews)
"it was amazing because this hostal is great if you want to travel very cheap and this property is at the center of the city, you got a supermarket, the coast of the city, some parks, restaurants, barbershop around and near to the hostal so, I think it's a great option and not expensive for the travelers, the location of this place is really Good"
Costa Rica
isaias
The price is NT$645
NT$709 total
includes taxes & fees
Nov 2 - Nov 3
Hostel the pod 33
A spacious lobby with a chandelier, seating area, and a large mirror.

9. Hotel Coral Suites

Hotel Coral Suites
3.5 star property
Bella Vista
8.8 out of 10, Excellent, (1,002 reviews)
"Great hotel."
Canada
peter
The price is NT$2,393
NT$2,632 total
includes taxes & fees
Nov 6 - Nov 7
Hotel Coral Suites
An outdoor seating area with modern furniture, surrounded by lush greenery and a metal railing.

10. Hostel Loco Coco Loco

Hostel Loco Coco Loco
2.0 star property
Bella Vista
8.0 out of 10, Very good, (30 reviews)
"Friendly, cozy, nice pool n showers"
United States
Kurt
The price is NT$507
NT$1,070 total
includes taxes & fees
Oct 31 - Nov 1
Hostel Loco Coco Loco
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.
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Top Panama City Hotel Reviews

Hospedium Princess Hotel Panama

Hospedium Princess Hotel Panama

8/10 Good
"Lugar muy bien ubicado , su personal amable y las instalaciones muy cómodas"
MAYLIN 2-night trip
Posted 3 hours ago
Hospedium Princess Hotel Panama

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.