Find Cheap Hotels in Panajachel

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Our top choices for Panajachel cheap hotels

Hotel Hanna Resort

Hotel Hanna Resort
3.0 star property
Panajachel
7.2 out of 10, Good, (7)
"Walkable, DOES NOT include breakfast if reserved via Expedia. Located in safe area, they have security and restaurant is next to hotel in same property. Friendly staff, wifi "
United States
Patricia
The price is NT$698
NT$1,814 total
includes taxes & fees
Dec 23 - Dec 24
Hotel Hanna Resort

Hotel Hanna Suites

Hotel Hanna Suites
2.0 star property
Panajachel
7.6 out of 10, Good, (12)
"Very clean & quiet. Rooms had kitchens "
United States
Barbara
The price is NT$1,219
NT$1,488 total
includes taxes & fees
Dec 23 - Dec 24
Hotel Hanna Suites

Hotel Posada don Miguel

Hotel Posada don Miguel
2.0 star property
Panajachel
8.8 out of 10, Excellent, (137)
"Great hotel, thanks "
United States
Joshua
Hotel Posada don Miguel

Hostal Casa Zope

Hostal Casa Zope
2.0 star property
Panajachel
9.0 out of 10, Wonderful, (2)
"Es un cuarto en la casa de una familia local. Si quieres tener una estadía como si vivieras en Panajachel, es un lugar perfecto. El dueño y su familia son muy amables, hay animales, y el cuarto está limpio y cómodo. Si quieres un lugar turístico, con silencio, la última tecnología, o comodidades --busca otro lugar. "
Mexico
John
Hostal Casa Zope

Posada de Don Jose

Posada de Don Jose
3.0 star property
Panajachel
9.2 out of 10, Wonderful, (28)
"The room was very clean, and the staff was friendly. Check-in and check-out were easy and fast. "
United States
David
Posada de Don Jose

Hotel Panajachel Oasis

Hotel Panajachel Oasis
2.5 star property
Panajachel
7.6 out of 10, Good, (65)
"Great location by the ferry and the market. Rooms are very spacious, grand, clean, great views of the volcano from the window. Amazing staff."
United States
Harmandeep
The price is NT$1,781
NT$2,173 total
includes taxes & fees
Dec 23 - Dec 24
Hotel Panajachel Oasis

Hotel El Sol

Hotel El Sol
2.0 star property
Panajachel
9.0 out of 10, Wonderful, (59)
"Nice owner, and in a quiet part of town"
Canada
Eric
The price is NT$947
NT$1,155 total
includes taxes & fees
Jan 2 - 2026/1/3
Hotel El Sol

Hospedaje El Viajero

Hospedaje El Viajero
2.5 star property
Panajachel
8.0 out of 10, Very Good, (65)
"The room was fine and the staff were curtious. Exactly what I needed and affordable."
United States
Jane
Hospedaje El Viajero

Hotel del Bosque

Hotel del Bosque
2.0 star property
Panajachel
7.6 out of 10, Good, (4)
"Very good hotel, family environment and safe."
United States
Luis
The price is NT$1,064
NT$2,118 total
includes taxes & fees
Dec 23 - Dec 24
Hotel del Bosque

Jabel Tinamit Hotel & Villas

Jabel Tinamit Hotel & Villas
3.5 star property
Panajachel
9.2 out of 10, Wonderful, (60)
"Staff were helpful, big rooms, good breakfast, close to main area "
United Kingdom
Kalpesh
The price is NT$1,420
NT$1,733 total
includes taxes & fees
Jan 9 - 2026/1/10
Jabel Tinamit Hotel & Villas
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.

Top Panajachel Hotel Reviews

Frequently asked questions

What is Panajachel like for travelers on a budget?
Panajachel offers a variety of cheap accommodations and things to do, making it a great choice for a budget-friendly getaway. You can find ways to save money while getting to know this destination, which is home to attractions like Lake Atitlán, Casa Cakchiquel Arts Center, and Panajachel Municipal Market.
What's the best accommodation for a budget-friendly stay in Panajachel?
Based on our traveler reviews, Socialtel Atitlan is a top choice for a less expensive stay. Other options to stay on the cheap include Hospedaje El Viajero and Hotel El Sol.
How many budget hotels are there in Panajachel?
Expedia has 6 hotels in Panajachel that are ideal if you are watching your pennies.
When is the best time for a budget trip to Panajachel?
Weather is probably a major factor when you plan your trip to Panajachel, 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 61°F, while the coldest months are January and December with an average of 60°F. The rainiest months in Panajachel are June, September, May, and August, with each month seeing an average of 19 inches of rainfall.
What is there to see and do in Panajachel?
Panajachel attracts visitors with its lakeside setting and beautiful gardens, 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 Lake Atitlán, and then look for sights and activities that cost little or nothing at all. Enjoy the outdoors at San Pedro Volcano and Atitlan Nature Reserve, or hunt for bargains with some shopping at Panajachel Municipal Market.
How can I get to Panajachel and get around on a budget?
Scoping out the transportation options in Panajachel is a smart way to keep your trip affordable. The most convenient airport is 25.1 mi (40.4 km) from the center in Quetzaltenango (AAZ-Los Altos). However, if that doesn't suit your budget, you can look into flights to La Aurora Intl. Airport (GUA), which is 42.9 mi (69 km) away. Panajachel may not have many public transit options so a car rental could be a reasonable alternative to explore more of the area.