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Hostels in Panama City

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Travel insights for hostels in Panama City

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

What is the cheapest month to book a hostel in Panama City?

The cheapest month to book a hostel in Panama City is May (C$ 20). Conversely, the most expensive month to stay in Panama City is October (C$ 135).

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

The cheapest day to stay in Panama City is Tuesday (C$ 48). On the other hand, travelers can expect to pay the most on Thursday, when the average nightly price is C$ 85.

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

Save money by booking a hostel at least 4 days before your trip to Panama City. The lowest price found when booking 4 days ahead was C$ 15 per night.
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Cheapest hostels in Panama City, Panama

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 3 July 2025
At the moment, these hostels offer the lowest nightly rate out of those we've come across in Panama City. Prices will typically fluctuate depending on the dates selected, star rating of hostel, and hostel location.
Hostel the pod 33
Hostel the pod 33

Hostel the pod 33

Calle 42, Bella Vista Casa 33, Panama City, Panama
1.2 km from city centre
Free Wi-Fi
Parking
C$ 18
Avg. per night
View Deal
Hostal Loco Coco Loco
Hostal Loco Coco Loco

Hostal Loco Coco Loco

Calle Margarita Vallarino, Casa 5b, Panama City, Panama
0.8 km from city centre
Free Wi-Fi
Parking
C$ 22
Avg. per night
View Deal
El Machico Hostel
El Machico Hostel

El Machico Hostel

AV 5a B Sur, Casa 2 ., Panama City, Panama
0.8 km from city centre
Free Wi-Fi
Airport shuttle
C$ 22
Avg. per night
View Deal
Acuarela Hostal
Acuarela Hostal

Acuarela Hostal

Vía Principal de Farallón, Río Hato, Panama
4.3 km from city centre
Free Wi-Fi
Parking
C$ 23
Avg. per night
View Deal
Bambuda Castle
Bambuda Castle

Bambuda Castle

El Castillo, Calle Principal, El Santua, Boquete, Panama
2.0 km from city centre
Free Wi-Fi
Parking
C$ 31
Avg. per night
View Deal
Casa Relic
Casa Relic

Casa Relic

3-28 A Calle 9na, Panama City, Panama
3.6 km from city centre
Free Wi-Fi
C$ 44
Avg. per night
View Deal

Other accommodations in Panama City

Find the perfect theme hotel, hostel or vacation rental for your stay in Panama City. There are 1,121 properties in Panama City and price data was last updated on 3 July 2025. The average price for a hotel in Panama City is C$ 44/night.
La Semilla Ecolodge
La Semilla Ecolodge

La Semilla Ecolodge

Panama City, Panama
25.4 km from city centre
Air Conditioning
C$ 200
Avg. per night
View Deal
Dreams Playa Bonita Panama
Dreams Playa Bonita Panama

Dreams Playa Bonita Panama

Km 7, Road To Veracruz, Panama City, Panama
11.4 km from city centre
Free Wi-Fi
C$ 260
Avg. per night
View Deal
Residence Inn by Marriott Panama City
Residence Inn by Marriott Panama City

Residence Inn by Marriott Panama City

Calle Ramon H Jurado Edifico P, Panama City, Panama
1.7 km from city centre
Free Wi-Fi
Parking
C$ 194
Avg. per night
View Deal
Megapolis Hotel Panama
Megapolis Hotel Panama

Megapolis Hotel Panama

Avenida Balboa, Panama City, Panama
1.1 km from city centre
Free Wi-Fi
C$ 135
Avg. per night
View Deal
Torres de Alba Hotel & Suites
Torres de Alba Hotel & Suites

Torres de Alba Hotel & Suites

Calle Eusebio A. Morales y Calle 55, Panama City, Panama
0.4 km from city centre
Free Wi-Fi
Parking
C$ 137
Avg. per night
View Deal

Where to stay in Panama City

Explore different neighbourhoods and areas within Panama City to find the perfect location for your stay. Map data was last updated on 3 July 2025.
Utilize the map to find properties close to the Panama City area(s) or attractions you plan on visiting. As an added benefit, users can click a hostel they're interesting in to find helpful information and deals for that hostel.

Facts about staying in Panama City

Find useful tips and insights about staying in Panama City to help you make the most of your experience. FAQs were last updated on 3 July 2025.

  • What is the cost of a hostel in Panama City?

    On average, it’s C$ 44/night for a hostel in Panama City, though C$ 39/night or less would be considered a good deal. The least expensive hostel our users have found recently was for C$ 15/night in Panama City. Try to avoid booking your hostel in October (the most expensive month). Booking in April (the cheapest month) could save you money.

  • What’s the best hostel in Panama City?

    Bodhi Panama City boasts a 8.4/10 review rating from 1,424 users, making it the best hostel in Panama City.

  • What hostel is closest to Panama City Tocumen Intl Airport?

    It is 17.8 km to get from Panama City Tocumen Intl Airport to Hostal Loco Coco Loco (the nearest Panama City hostel to the airport).

  • What area of Panama City is most popular to stay in?

    The most popular neighbourhood to stay in Panama City is Bella Vista, according to our data. 2% of users who searched for hostels in Panama City looked for properties in Bella Vista. If you’re interested in staying in Bella Vista, consider the Culturahumana Guesthouse - the neighbourhood’s most popular hostel.

  • What is the most popular hostel in Panama City closest to Panama Viejo?

    Hostal Loco Coco Loco is the most popular hostel in Panama City that’s close to Panama Viejo (the city’s most popular landmark). There are 4.4 km from Hostal Loco Coco Loco to Panama Viejo. While there may be other hostels near Panama Viejo, Hostal Loco Coco Loco is highly rated (7.4/10) by 649 users.

  • Should I stay in a Panama City hostel?

    Aside from the fact that Panama City hostels tend to be more affordable than other stay types, they also have a more lively social scene. This social environment is perfect for individuals, couples, and even families who are looking to meet fellow travellers in Panama City.

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