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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
2 May — 3 May2
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Popular Budget hotels in Panama City

Discover well-known properties in Panama City that are favoured by visitors more than others. There are 274 hotels in Panama City and price data was last updated on 25 April 2025. The average price for a hotel in Panama City is C$ 132/night.
These hotels are among the most popular properties in the Panama City area. Change the dates at the top of the page to see more options in Panama City.
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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
8.6
Excellent
1983 reviews
Location
0.3 km from city centre
C$ 61
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
3.2 km from city centre
C$ 48
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
1189 reviews
Location
2.9 km from city centre
C$ 72
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
3531 reviews
Location
0.7 km from city centre
C$ 47
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 km from city centre
C$ 58
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
2054 reviews
Location
2.4 km from city centre
C$ 61
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
3748 reviews
Location
1.4 km from city centre
C$ 61
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
3.2 km from city centre
C$ 76
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
3122 reviews
Location
0.4 km from city centre
C$ 65
Estacion 5 de Mayo Entre Av. Peru, 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, free self parking, and a free manager's reception are also provided. Other amenities include a snack bar/deli, a coffee shop/cafe, and coffee/tea in a common area. Hotel Casa Miller offers 20 air-conditioned accommodations with coffee/tea makers and hair dryers. LCD televisions come with satellite channels. Guests can surf the web using the complimentary wireless Internet access. Additionally, rooms include irons/ironing boards and complimentary toiletries. 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
8.2
Excellent
1436 reviews
Location
2.9 km from city centre
C$ 68

Travel insights for budget hotels in Panama City

Use these up-to-date, data-driven insights about booking a budget hotel in Panama City including ideal times to book, pricing trends, and more.

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

The cheapest month to book budget hotels in Panama City is January (C$ 109). Conversely, the most expensive month to stay in Panama City is May (C$ 287).

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

The cheapest day to stay in Panama City is Thursday (C$ 152). On the other hand, travelers can expect to pay the most on Wednesday, when the average nightly price is C$ 299.

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 C$ 31, rising to an average cost of C$ 173, based on searches in the last 72 hours. Prices start from C$ 73 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 C$ 55/night. If you’re specifically looking for a 3-star hotel this weekend, our users have found prices as low as C$ 34/night. For a 4-star budget hotel in Panama City, the cheapest rate recently found was C$ 107/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 C$ 21 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 25 April 2025.
These Panama City properties are among the highest rated by our users. Be sure to read user reviews to learn why these hotels are among the highest rated.
Show all 274 hotels
Calle D Zona 9, Panama City, Panama
0.3 km from city centre
Free Wi-Fi
Parking
C$ 75
Avg. per night
Via España 33, Panama City, Panama
1.5 km from city centre
Free Wi-Fi
Parking
C$ 51
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 C$ 18 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 25 April 2025
These are the lowest prices we've found on hotels in Panama City at the moment. 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
1.2 km from city centre
Free Wi-Fi
Parking
C$ 18
Avg. per night
Calle 1Era El Carmen- Casa # 32, Panama City, Panama
1.1 km from city centre
Free Wi-Fi
Parking
Airport shuttle
C$ 22
Avg. per night
Calle Margarita Vallarino, Casa 5b, Panama City, Panama
0.8 km from city centre
Free Wi-Fi
Parking
C$ 22
Avg. per night
AV 5a B Sur, Casa 2 ., Panama City, Panama
0.8 km from city centre
Free Wi-Fi
Airport shuttle
C$ 23
Avg. per night
6546a Calle Hospital, Panama City, Panama
5.1 km from city centre
Free Wi-Fi
Parking
C$ 24
Avg. per night
8-18 Calle 8 y Calle Boquete, Panama City, Panama
3.6 km from city centre
Free Wi-Fi
C$ 25
Avg. per night
Calle 36 Este N-4 Perejil, Panama City, Panama
1.7 km from city centre
Free Wi-Fi
C$ 30
Avg. per night
Plaza 5 De Mayo Final Ave, Panama City, Panama
3.1 km from city centre
Free Wi-Fi
Airport shuttle
C$ 32
Avg. per night
Avenida Cuba Y Calle 31 Este, Panama City, Panama
2.0 km from city centre
Free Wi-Fi
Parking
C$ 35
Avg. per night
Calle 30 Este, Panama City, Panama
2.3 km from city centre
Free Wi-Fi
Parking
C$ 38
Avg. per night
Via Espana & Calle 43, Panama City, Panama
1.3 km from city centre
Free Wi-Fi
Airport shuttle
C$ 42
Avg. per night
Av. Peru Calle 30, 25, Panama City, Panama
2.2 km from city centre
Free Wi-Fi
Parking
C$ 42
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 25 April 2025.
Show all 1,090 stays
Calle 42, Bella Vista Casa 33, Panama City, Panama
1.2 km from city centre
Free Wi-Fi
Parking
C$ 18
Avg. per night
Calle Margarita Vallarino, Casa 5b, Panama City, Panama
0.8 km from city centre
Free Wi-Fi
Parking
C$ 22
Avg. per night
Km 7, Road To Veracruz, Panama City, Panama
11.4 km from city centre
Free Wi-Fi
C$ 289
Avg. per night
El Cangrejo; Calle Eusebio A, Morales, Panama City, Panama
0.3 km from city centre
Free Wi-Fi
Parking
C$ 85
Avg. per night
Italy Avenue, Punta Paitilla, Panama City, Panama
1.5 km from city centre
Free Wi-Fi
Parking
C$ 130
Avg. per night
Avenida Balboa, Panama City, Panama
1.1 km from city centre
Free Wi-Fi
Parking
C$ 140
Avg. per night

Explore Panama City

Explore different neighbourhoods and areas within Panama City to find the perfect location for your stay. Map data was last updated on 25 April 2025.
Scroll to and zoom in on the areas in Panama City you plan on visiting to find nearby properties. Clicking a property's name will unlock more information and allow you to book that particular hotel.

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 25 April 2025.
  • What is the typical nightly rate for a Budget hotels in Panama City?

    You can expect a nightly rate of C$ 51 when looking for a Budget hotels in Panama City. 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 C$ 12 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?

    As far as Budget hotels are concerned, the price for this accommodation is actually less than the average nightly rate in Panama City. C$ 51/night is what the majority of HotelsCombined users consider to be a good deal for a Budget hotels in Panama City. HotelsCombined users typically see a nightly rate of C$ 117 when staying in the city.

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