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Budget hotels in Panama City

Search, compare, and save on Panama City Budget hotels from hundreds of travel sites on HotelsCombined.

Panama City, Panama
may. 7 — may. 82
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Popular Budget hotels in Panama City

Discover well-known properties in Panama City that are favored by visitors more than others. There are 274 hotels in Panama City and price data was last updated on abril 30, 2025. The average price for a hotel in Panama City is $124/night.
These hotels in Panama City see the most activity from our users at the moment. Users can use the filters present to refine their search even further.
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El Cangrejo Calle Eusebio A. Morales 31,Calle Eusebio A. Morales, Panama, Panama City, Panama
Hotel with free parking, a short walk to Via Espana This smoke-free hotel features a restaurant, a bar/lounge, and dry cleaning. Free WiFi in public areas and free self parking are also provided. Additionally, laundry facilities, a 24-hour front desk, and free newspapers are onsite. Hotel Milan offers 104 air-conditioned accommodations with safes and complimentary bottled water. Plasma televisions come with cable channels. Bathrooms include complimentary toiletries and hair dryers. This Panama City hotel provides complimentary wireless Internet access. Business-friendly amenities include desks and phones. Housekeeping is provided daily.
Free Wi-Fi
Parking
8.5
Excellent
1989 reviews
Location
0.2 mi from city centre
El Ingenio, Ave de La Paz, Calle 74, Panama City, Panama
Panama City hostel in Bethania with free parking 2 coffee shops/cafes, 24-hour room service, and concierge services are available at this smoke-free hostel. Free WiFi in public areas and free self parking are also provided. Additionally, dry cleaning, laundry facilities, and a 24-hour front desk are onsite. Hostal Gemar - Hostel offers 8 air-conditioned accommodations with complimentary newspapers and complimentary bottled water. These individually decorated and furnished accommodations include desks. Guests can make use of the shared/communal kitchen. Bathrooms include showers and complimentary toiletries. Guests can surf the web using the complimentary wired and wireless Internet access. Flat-screen televisions come with cable channels. Housekeeping is provided daily.
Free Wi-Fi
Parking
8.2
Excellent
441 reviews
Location
2.0 mi from city centre
Calle Miguel Brostella, Panama City, Panama
Hotel with a casino, a quick walk to El Dorado Mall This smoke-free hotel features a casino, laundry facilities, and a 24-hour front desk. Free WiFi in public areas and free self parking are also provided. Additionally, tour/ticket assistance, a front-desk safe, and a banquet hall are onsite. Hotel y Casino Central Park Panama offers 304 accommodations with safes and coffee/tea makers. Pillowtop beds feature premium bedding. 32-inch flat-screen televisions come with cable channels. Accommodations at this 3-star hotel have kitchenettes with refrigerators, microwaves, and separate dining areas. Bathrooms include showers, complimentary toiletries, and hair dryers. This Panama City hotel provides complimentary wired and wireless Internet access. Business-friendly amenities include desks and phones. Additionally, rooms include irons/ironing boards and blackout drapes/curtains. Housekeeping is provided daily. The recreational activities listed below are available either on site or nearby; fees may apply.
Free Wi-Fi
Parking
8.1
Excellent
1191 reviews
Location
1.8 mi from city centre
Calle 49 Bella Vista, Panama City, Panama
Hotel with free parking, steps from Avenida Balboa This smoke-free hotel features an outdoor pool, a restaurant, and a bar/lounge. Free WiFi in public areas and free self parking are also provided. Additionally, a snack bar/deli, a rooftop terrace, and a coffee shop/cafe are onsite. Hotel Terranova offers 65 air-conditioned accommodations with hair dryers and complimentary toiletries. 32-inch flat-screen televisions come with cable channels. Bathrooms include showers. This Panama City hotel provides complimentary wireless Internet access. Business-friendly amenities include desks and phones. Housekeeping is provided daily. Recreational amenities at the hotel include an outdoor pool. The recreational activities listed below are available either on site or nearby; fees may apply.
Free Wi-Fi
Parking
7.8
Good
3533 reviews
Location
0.5 mi from city centre
Via Veneto, Calle D El Cangrejo, Panama City, Panama
Art Deco Panama City hotel in Bella Vista with free parking A coffee shop/cafe, a business center, and laundry facilities are available at this smoke-free hotel. Free WiFi in public areas and free self parking are also provided. Additionally, a 24-hour front desk, limo/town car service, and a computer station are onsite. Metro Hotel Panama offers 39 air-conditioned accommodations with coffee/tea makers and complimentary toiletries. Each accommodation is individually furnished and decorated. Beds feature down comforters. 32-inch LCD televisions come with cable channels. Bathrooms include showers. Guests can surf the web using the complimentary wireless Internet access. Business-friendly amenities include desks and phones. Irons/ironing boards and hair dryers can be requested. Housekeeping is provided daily. The recreational activities listed below are available either on site or nearby; fees may apply.
Free Wi-Fi
Parking
7.7
Good
902 reviews
Location
0.2 mi from city centre
Avenida Perú Esquina Con Calle 28, Panama City, Panama
Hotel with free parking, a short walk to Avenida Balboa This smoke-free hotel features an outdoor pool, a restaurant, and a bar/lounge. Free WiFi in public areas and free self parking are also provided. Other amenities include a poolside bar, a snack bar/deli, and a business center. Hotel Caribe offers 153 air-conditioned accommodations with safes and complimentary toiletries. Rooms open to balconies. Beds feature premium bedding. Plasma televisions come with premium cable channels. Bathrooms include showers. This Panama City hotel provides complimentary wireless Internet access. Housekeeping is provided daily. Recreational amenities at the hotel include an outdoor pool.
Free Wi-Fi
7.8
Good
2066 reviews
Location
1.5 mi from city centre
calle 41 este, Panama City, Panama
Hotel with a fitness center, a short walk to Avenida Balboa A restaurant, a fitness center, and a bar/lounge are available at this smoke-free hotel. WiFi in public areas is free. Other amenities include a snack bar/deli, a coffee shop/cafe, and coffee/tea in a common area. Hotel Ojos del Rio offers 70 air-conditioned accommodations with minibars and safes. Beds feature premium bedding. Flat-screen televisions come with cable channels. Bathrooms include showers and complimentary toiletries. This Panama City hotel provides complimentary wireless Internet access. Housekeeping is provided daily. Recreational amenities at the hotel include a fitness center.
Free Wi-Fi
Parking
8.0
Excellent
3750 reviews
Location
0.8 mi from city centre
Calle 74 Oeste, Casa 19-A, Panama City, Panama
Panama City bed & breakfast in Bethania A microwave in a common area, a refrigerator in a common area, and laundry facilities are available at this smoke-free bed & breakfast. WiFi in public areas is free. Additionally, express check-out, tour/ticket assistance, and a garden are onsite. Sofia's B&B Hostal Boutique offers 7 air-conditioned accommodations with complimentary bottled water and blackout drapes/curtains. Flat-screen televisions come with premium cable channels. Bathrooms include showers. This Panama City bed & breakfast provides complimentary wireless Internet access. Housekeeping is provided daily.
Free Wi-Fi
Parking
Airport shuttle
8.9
Excellent
43 reviews
Location
2.0 mi from city centre
Via España, Calle D El Cangrejo, Panama City, Panama
Hotel with a restaurant, a short walk to Via Espana Along with a restaurant, this smoke-free hotel has a business center and a meeting room. WiFi in public areas is free. Additionally, a computer station, tour/ticket assistance, and a garden are onsite. Housekeeping is available once per stay. Toscana Inn offers 89 accommodations with laptop-compatible safes and complimentary toiletries. Beds feature premium bedding. 32-inch Smart televisions come with cable channels. Bathrooms include showers. Guests can surf the web using the complimentary wired and wireless Internet access (speed: 250+ Mbps (good for 3–5 people or up to 10 devices)). Business-friendly amenities include desks and phones; free local calls are provided (restrictions may apply). Housekeeping is offered once per stay and change of towels can be requested. Housekeeping is provided on a limited basis.
Free Wi-Fi
8.4
Excellent
263 reviews
Location
0.2 mi from city centre
El Cangrejo, Via Argentina, Calle Jose Fabregas Frente al Power Club y Diagonal al Restaurante 7 Mares, Panama City, Panama
Hotel with free parking, a short walk to Via Espana Along with an outdoor pool, this smoke-free hotel has a restaurant and a bar/lounge. Free WiFi in public areas and free self parking are also provided. Other amenities include a coffee shop/cafe, a business center, and concierge services. Principe Hotel and Suites offers 105 air-conditioned accommodations with safes and hair dryers. Pillowtop beds feature down comforters and premium bedding. Flat-screen televisions come with premium cable channels and first-run movies. Bathrooms include showers with rainfall showerheads, and bidets. This Panama City hotel provides complimentary wired and wireless Internet access. Business-friendly amenities include desks and phones. Housekeeping is provided daily. Recreational amenities at the hotel include an outdoor pool.
Free Wi-Fi
Parking
8.6
Excellent
3127 reviews
Location
0.3 mi from city centre

Travel insights for budget hotels in Panama City

Use our HotelsCombined data-powered tips to help you find your next budget hotel in Panama City.

What is the cheapest month to book budget hotels in Panama City?

The cheapest month to book budget hotels in Panama City is June ($87). Conversely, the most expensive month to stay in Panama City is December ($184).

What is the cheapest day to stay in a budget hotel in Panama City?

The cheapest day to stay in Panama City is Friday ($98). On the other hand, travelers can expect to pay the most on Thursday, when the average nightly price is $162.

How much is a budget hotel in Panama City tonight?

Users have found prices for budget hotels in Panama City tonight starting as low as $48, rising to an average cost of $115, based on searches in the last 72 hours. Prices start from $49 for a 4-star budget hotel in Panama City for tonight.

How much is a Panama City budget hotel room this weekend?

In the past 72 hours, we’ve seen prices for budget hotels in Panama City this weekend for as little as $22/night. If you’re specifically looking for a 3-star hotel this weekend, our users have found prices as low as $22/night. For a 4-star budget hotel in Panama City, the cheapest rate recently found was $46/night for this weekend.

How far ahead should you book a hotel in Panama City?

Save money by booking a hotel at least 70 days before your trip to Panama City. The lowest price found when booking 70 days ahead was $15 per night.

Top-rated Budget hotels in Panama City

Browse through properties in Panama City that have received the highest ratings from guests. There are currently 274 properties in Panama City and data was last updated on abril 30, 2025.
Some of the very best Panama City hotels as rated by our users. Take a look at user reviews to learn why these properties were rated the best.
Show all 274 hotels
Calle D Zona 9, Panama City, Panama
0.2 mi from city centre
Free Wi-Fi
Parking
$54
Avg. per night
Via España 33, Panama City, Panama
0.9 mi from city centre
Free Wi-Fi
Parking
$36
Avg. per night

Cheapest Budget hotels in Panama City

Discover affordable stays in Panama City that provide a quality experience without breaking the bank. Hotels in Panama City can be found for as low as $13 per night. There is currently one property in Panama City that can be booked for this price. Hostel the pod 33 is one of the hotels that can be booked for the lowest price in Panama City. Price data was last updated on abril 30, 2025
Out of the hotels in Panama City we've come across, these properties are priced the lowest. If you have flexibility with arrival and departure, use the search form to compare prices for other dates.
Show all 274 hotels
Calle 42, Bella Vista Casa 33, Panama City, Panama
0.8 mi from city centre
Free Wi-Fi
Parking
$13
Avg. per night
Calle 1Era El Carmen- Casa # 32, Panama City, Panama
0.7 mi from city centre
Free Wi-Fi
Parking
Airport shuttle
$16
Avg. per night
Calle Margarita Vallarino, Casa 5b, Panama City, Panama
0.5 mi from city centre
Free Wi-Fi
Parking
$16
Avg. per night
AV 5a B Sur, Casa 2 ., Panama City, Panama
0.5 mi from city centre
Free Wi-Fi
Airport shuttle
$16
Avg. per night
6546a Calle Hospital, Panama City, Panama
3.1 mi from city centre
Free Wi-Fi
Parking
$17
Avg. per night
8-18 Calle 8 y Calle Boquete, Panama City, Panama
2.3 mi from city centre
Free Wi-Fi
$18
Avg. per night
Calle 36 Este N-4 Perejil, Panama City, Panama
1.1 mi from city centre
Free Wi-Fi
$22
Avg. per night
Plaza 5 De Mayo Final Ave, Panama City, Panama
1.9 mi from city centre
Free Wi-Fi
Airport shuttle
$23
Avg. per night
Avenida Cuba Y Calle 31 Este, Panama City, Panama
1.3 mi from city centre
Free Wi-Fi
Parking
$25
Avg. per night
Calle 30 Este, Panama City, Panama
1.4 mi from city centre
Free Wi-Fi
Parking
$27
Avg. per night
Via Espana & Calle 43, Panama City, Panama
0.8 mi from city centre
Free Wi-Fi
Airport shuttle
$30
Avg. per night
Av. Peru Calle 30, 25, Panama City, Panama
1.3 mi from city centre
Free Wi-Fi
Parking
$30
Avg. per night

Other accommodations in Panama City

Discover the ideal theme hotel, vacation rental or hostel for your stay in Panama City. There are 1,090 properties in Panama City and price data was last updated on abril 30, 2025.
Show all 1,090 stays
Calle Enrique Malek, Panama City, Panama
11.1 mi from city centre
Free Wi-Fi
Parking
$38
Avg. per night
Vía Principal de Farallón, Río Hato, Panama
2.7 mi from city centre
Free Wi-Fi
Parking
$17
Avg. per night
Calle Margarita Vallarino, Casa 5b, Panama City, Panama
0.5 mi from city centre
Free Wi-Fi
Parking
$16
Avg. per night
El Cangrejo; Calle Eusebio A, Morales, Panama City, Panama
0.2 mi from city centre
Free Wi-Fi
Parking
$61
Avg. per night
Italy Avenue, Punta Paitilla, Panama City, Panama
1.0 mi from city centre
Free Wi-Fi
Parking
$94
Avg. per night
Via Argentina y Jose Marti, 17, Panama City, Panama
0.4 mi from city centre
Free Wi-Fi
Airport shuttle
$40
Avg. per night
Km 7, Road To Veracruz, Panama City, Panama
7.1 mi from city centre
Free Wi-Fi
$208
Avg. per night

Explore Panama City

Explore different neighborhoods and areas within Panama City to find the perfect location for your stay. Map data was last updated on abril 30, 2025.
Utilize the map to find properties close to the Panama City area(s) or attractions you plan on visiting. Clicking on a hotel name will take you to a page with pricing, reviews, and more useful information.

Budget hotels FAQs

Find useful tips and insights about staying in Panama City to help you make the most of your experience. FAQs were last updated on abril 30, 2025.
  • How much does it cost to stay at a Budget hotels in Panama City?

    The average price of a Budget hotels in Panama City is $37 per night. If you’re looking for this accommodation in Panama City, you may be pleased to know that our users have recently found deals as low as $9 per night. The best rates for this accommodation in Panama City is Hospedaje panama.

  • How do prices at Budget hotels compare to other hotels in Panama City?

    The typical rate at a Budget hotels in Panama City will be less than rates at hotels that don’t have this accommodation. Rates in Panama City for a Budget hotels are, on average, $37 per night. If you’re looking to stay at a hotel in Panama City, you should expect to pay $70/night.

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