Panama City Budget Hotels from RM256

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Top Panama City Budget Hotels

Principe Hotel and Suites

3.0 star property
9.0 out of 10, Wonderful, (1490)
"Great place to stay"
The price is RM233
RM256 total
includes taxes & fees
7 Oct - 8 Oct
Principe Hotel and Suites

Riande Urban Hotel

3.5 star property
8.8 out of 10, Excellent, (1047)
"We enjoyed our stay as always."
The price is RM306
RM336 total
includes taxes & fees
7 Oct - 8 Oct
Riande Urban Hotel

The Executive Hotel

3.5 star property
9.2 out of 10, Wonderful, (1003)
"Hotel is awesome, clean and rooms are wonderful! "
The Executive Hotel

Ramada Plaza by Wyndham Panama Punta Pacifica

4.0 star property
9.6 out of 10, Exceptional, (1059)
"Family-friendly hotel, tasty breakfast options daily and overall friendly staff and clean space."
The price is RM458
RM504 total
includes taxes & fees
7 Oct - 8 Oct
Ramada Plaza by Wyndham Panama Punta Pacifica

Plaza Paitilla Inn Hotel

3.5 star property
9.4 out of 10, Exceptional, (2113)
"Stayed 4 nights excellent property and views from the room"
The price is RM636
RM699 total
includes taxes & fees
7 Oct - 8 Oct
Plaza Paitilla Inn Hotel

Hotel Coral Suites

3.5 star property
9.0 out of 10, Wonderful, (1001)
"Great location with spacious rooms "
The price is RM292
RM321 total
includes taxes & fees
7 Oct - 8 Oct
Hotel Coral Suites

TRYP by Wyndham Panamá Centro

3.5 star property
9.0 out of 10, Wonderful, (1006)
"Staff was very friendly and breakfast option were wide"
The price is RM343
RM378 total
includes taxes & fees
14 Oct - 15 Oct
TRYP by Wyndham Panamá Centro

The Santa Maria, A Luxury Collection Hotel & Golf Resort, Panama City

5.0 star property
9.6 out of 10, Exceptional, (612)
"great service"
The price is RM963
RM1,059 total
includes taxes & fees
31 Oct - 1 Nov
The Santa Maria, A Luxury Collection Hotel & Golf Resort, Panama City

Bristol Panama, a Registry Collection Hotel

5.0 star property
9.2 out of 10, Wonderful, (1001)
"We had an amazing time, great hotel and great breakfast. "
The price is RM515
RM567 total
includes taxes & fees
23 Oct - 24 Oct
Bristol Panama, a Registry Collection Hotel

Sheraton Grand Panama

4.0 star property
8.6 out of 10, Excellent, (962)
"Relaxing but close by to everything "
The price is RM564
RM621 total
includes taxes & fees
12 Oct - 13 Oct
Sheraton Grand Panama
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.

Find out more about Panama City

Find out more about Panama City

Discover cheap things to do in Panama City

For budget-conscious travellers exploring Panama City, the vibrant Casco Viejo is a must-visit. This historic district, a UNESCO World Heritage site, features colourful historic architecture and charming cobblestone streets, perfect for leisurely strolls without spending a dime. Enjoy the local atmosphere at the bustling Plaza Francia, where you can often catch free music performances or local art displays. The Cinta Costera, a scenic waterfront promenade, offers stunning views of the skyline and the Pacific Ocean, making it an ideal spot for a relaxing walk or a family picnic. Don't miss the impressive Panama Canal Museum, which has a small entrance fee and provides fascinating insights into this engineering marvel. For affordable dining, head to Mercado de Mariscos, where you can sample fresh ceviche at reasonable prices while enjoying the lively market atmosphere. When it comes to accommodation, consider staying in the El Cangrejo neighbourhood, known for its budget-friendly hotels and hostels. This area is home to a variety of eateries and shops, ensuring you’re never far from the action while keeping your expenses in check.

Find the best cheap hotels in Panama City

For budget-conscious travellers visiting Panama City, these hotels offer excellent value without sacrificing comfort. Each hotel provides essential amenities to ensure a pleasant stay.

Principe Hotel and Suites

  • Why it's great for a budget-friendly vacation: Principe Hotel and Suites is a fantastic choice for budget travellers, an excellent review rating of 9.0. With free toiletries, 24-hour airport shuttle service, and complimentary Wi-Fi, guests will enjoy essential comforts at an affordable price. The outdoor pool invites relaxation, while the kitchenette in each room allows for convenient meal preparation during your stay.
  • Other amenities: Guests can unwind on the terrace or take advantage of the daily housekeeping service. The hotel also features air conditioning for added comfort, room service, and a refrigerator in each room. Pool umbrellas and sun loungers enhance the outdoor experience, making it a perfect spot to relax after a day of exploring the city.
  • Neighborhood: Bella Vista
  • Nearby attractions: Uruguay Street - 1.6 km, Crown Casino - 1.4 km, Via Espana - 0.9 km

Principe Hotel and Suites

  • Why it's great for a budget-friendly vacation: The Principe Hotel and Suites is an excellent choice for budget-conscious travellers, with an excellent review rating of 9.0. Guests can enjoy a host of amenities designed for convenience, including free toiletries, Wi-Fi, and a 24-hour airport shuttle, making it easy to transition from travel to relaxation.
  • Other amenities: This hotel features an outdoor pool for leisure and relaxation, as well as a terrace for enjoying the fresh air. Each room comes equipped with a kitchenette, refrigerator, and microwave, ideal for those who prefer dining in. Guests can also take advantage of self-parking options, daily housekeeping, and comfortable sofa beds. The hotel’s concierge service is available to assist with local recommendations and bookings.
  • Neighborhood: Bella Vista
  • Nearby attractions: Uruguay Street - 1.6 km, Crown Casino - 1.4 km, Via Espana - 0.9 km

Top Panama City Hotel Reviews

Frequently asked questions

What is Panama City like for travellers on a budget?
Panama City offers a variety of cheap accommodation options and places to visit, making it a great holiday choice for budget-conscious travellers. In addition to its well-known attractions such as 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 hotel in Panama City?
Based on reviews, Hotel Riu Plaza Panama is a popular hotel for our travellers who want a more economical choice, and features free buffet breakfast and free Wi-Fi. Other choices for your budget-friendly stay include The Executive Hotel and Plaza Paitilla Inn Hotel.
How many low-cost hotels can I expect to find in Panama City?
Choose a hotel that suits your wallet from Expedia's 32 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, but bear 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 temperature of 27°C, while the coldest months are January and February, with an average of 26°C. The rainiest months in Panama City are July, August, June and November, with each month seeing an average of 369 mm 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 Panama City (PAC-Marcos A. Gelabert Intl.), situated 2.5 mi (4 km) away. However, if that doesn't suit your budget, you can arrange flights in and out of Balboa (BLB-Panama Pacifico Intl.), which is 6.3 mi (10.1 km) away. Take advantage of metro transport at Iglesia del Carmen Station, Vía Argentina and Santo Tomas Station. If you want to venture outside the area, hop on a train at Panama City Passenger Station.