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Cheap hotels in Panama City

Find the cheap hotels that appeal to you the most

The best cheap hotels in Panama City

Check out our selection of great cheap hotels in Panama City

Looking for a cheap hotel?

For those trying to save, these fun, budget hotels still have lots to offer, from Wifi to convenient locations. Popular with backpackers, many properties are set in central areas and include comfortable rooms with private or shared bathrooms. You’ll also find loads of options that feature 24-hour front desks and luggage storage.

Most booked cheap hotels in Panama City and surrounding area in the past month

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Popular with guests booking cheap hotels in Panama City

Scored out of 10, guest rating 7.8
Good - What previous guests thought, 3,726 reviews

Popular with guests booking cheap hotels in Panama City

Scored out of 10, guest rating 8.1
Very Good - What previous guests thought, 7,072 reviews

Popular with guests booking cheap hotels in Panama City

Scored out of 10, guest rating 8.7
Excellent - What previous guests thought, 4,573 reviews

Popular with guests booking cheap hotels in Panama City

Scored out of 10, guest rating 7.8
Good - What previous guests thought, 1,866 reviews

Popular with guests booking cheap hotels in Panama City

Scored out of 10, guest rating 7.9
Good - What previous guests thought, 3,987 reviews

Popular with guests booking cheap hotels in Panama City

Scored out of 10, guest rating 8.6
Excellent - What previous guests thought, 2,136 reviews

Popular with guests booking cheap hotels in Panama City

Scored out of 10, guest rating 8.7
Excellent - What previous guests thought, 5,694 reviews

Popular with guests booking cheap hotels in Panama City

Scored out of 10, guest rating 8.6
Excellent - What previous guests thought, 9,569 reviews

Popular with guests booking cheap hotels in Panama City

Scored out of 10, guest rating 8.5
Very Good - What previous guests thought, 2,983 reviews

Popular with guests booking cheap hotels in Panama City

Scored out of 10, guest rating 8.9
Excellent - What previous guests thought, 6,657 reviews

Stay connected in Panama City and nearby. Cheap hotels with free Wifi

Scored out of 10, guest rating 8.7
Excellent - What previous guests thought, 382 reviews

Located in the Marbella district in Panama City, 1.9 mi from Canal Museum of Panama, El Machico Hostel features a swimming pool and free WiFi throughout the property.

From $49.50 per night
Scored out of 10, guest rating 7.8
Good - What previous guests thought, 835 reviews

Hostal Yoha provides accommodations within a few steps of the center of Panama City, with free Wifi and a kitchen with an oven, a microwave, and a toaster.

From $44.47 per night
Scored out of 10, guest rating 8.5
Very Good - What previous guests thought, 21 reviews

Yoo Panamá by Boutique Apartments offers a sauna and spa facilities, as well as air-conditioned accommodations in the center of Panama City, 3.6 miles from Ancon Hill.

From $213.22 per night
Scored out of 10, guest rating 7.9
Good - What previous guests thought, 292 reviews

Boutique Apartments Panamá Marbella is an apartment featuring rooms with free Wifi and air conditioning in the center of Panama City.

From $157.29 per night
Scored out of 10, guest rating 8.5
Very Good - What previous guests thought, 2,983 reviews

Set in a striking 66-story tower overlooking Panama’s oceanfront, Hotel Panama Megapolis features a spa, outdoor pool, also 2 restaurants, 3 bars and free WiFi.

From $234.06 per night
Scored out of 10, guest rating 8.4
Very Good - What previous guests thought, 1,530 reviews

Featuring a garden, a shared lounge as well as a terrace, Bodhi Panama City is located in the center of Panama City, 4 miles from Ancon Hill.

From $49.50 per night
Scored out of 10, guest rating 7.0
Good - What previous guests thought, 5 reviews

Yoo by Wynwood House features accommodations within 500 yards of the center of Panama City, with free Wifi and a kitchen with a dishwasher, an oven, and a microwave.

From $185.42 per night
Scored out of 10, guest rating 8.1
Very Good - What previous guests thought, 7,072 reviews

A heated outdoor pool and gym are offered at this stylish Panama City hotel. Rooms offer free Wi-Fi and city or sea views.

From $155.62 per night

Great access to the city center. Check these cheap hotels in Panama City and nearby

Scored out of 10, guest rating 8.6
Excellent - What previous guests thought, 1,592 reviews

Located on the heart of Panama City’s commercial district and right across Paitilla Hospital, Hotel Las Américas Golden Tower Panamá offers an indoor heated pool and free WiFi access.

From $238.83 per night
Scored out of 10, guest rating 9.4
Wonderful - What previous guests thought, 10 reviews

The recently renovated Apto Yoo Vista al Mar features accommodations with pool with a view and a fitness center in the heart of Panama City.

From $259.08 per night
Scored out of 10, guest rating 8.6
Excellent - What previous guests thought, 9,569 reviews

Located in the business district, Riu Plaza Panama offers stylish rooms with free Wi-Fi. It features an outdoor pool with hot tub. The Santuario Nacional Corazón de María Church is just 984 feet away.

From $217.05 per night
Scored out of 10, guest rating 9.9
Exceptional - What previous guests thought, 7 reviews

Located in Panama City, 4 miles from Ancon Hill, La Residence Panamá has accommodations with a fitness center, free private parking, a shared lounge and a restaurant.

From $162.80 per night
Scored out of 10, guest rating 8.6
Excellent - What previous guests thought, 669 reviews

Located in Panama City, 4.9 miles from Bridge of the Americas, Hotel Mio Panamá provides accommodations with an outdoor swimming pool, free private parking, a fitness center and a terrace.

From $111.08 per night
Scored out of 10, guest rating 8.7
Excellent - What previous guests thought, 1,462 reviews

Nomada Republic Hotel Panama City is a condo hotel featuring rooms with free Wifi and air conditioning in the center of Panama City.

From $87.78 per night
Scored out of 10, guest rating 8.3
Very Good - What previous guests thought, 295 reviews

Set overlooking Panama Bay, Le Meridien Panama features a spa and an outdoor swimming pool. It offers chic rooms with flat-screen TVs and sofas.

From $197.01 per night
Scored out of 10, guest rating 8.3
Very Good - What previous guests thought, 221 reviews

Conveniently located in Panama City, Panama Hat Hostel provides air-conditioned rooms, a bar and free WiFi.

From $29.70 per night

Enjoy breakfast in Panama City and nearby

Scored out of 10, guest rating 8.9
Excellent - What previous guests thought, 6,657 reviews

Plaza Paitilla Inn offers panoramic views of Panama Bay and has a lounge bar, outdoor pool and sun terraces. The property also has an equipped business center and a gym.

From $132.86 per night
Scored out of 10, guest rating 8.4
Very Good - What previous guests thought, 930 reviews

Offering an outdoor pool and a fitness center, Holiday Inn Express is located in Panama City’s main financial district. The stylish air-conditioned rooms include free WiFi and flat-screen cable TV.

From $114.40 per night
Scored out of 10, guest rating 8.2
Very Good - What previous guests thought, 1,306 reviews

Just a 5-minute walk from Panama City’s financial district, Hotel Tower House Suites offers a terrace with a swimming pool and city views. The stylish air-conditioned rooms include free Wi-Fi.

From $54 per night
Scored out of 10, guest rating 8.9
Excellent - What previous guests thought, 3,196 reviews

Featuring a gym, restaurant and a terrace, The Executive Hotel is located in Pánama’s Bella Vista and next to the 52nd Street and Aquilino de la Guardia.

From $133.76 per night
Scored out of 10, guest rating 8.7
Excellent - What previous guests thought, 6,792 reviews

Offering an outdoor pool and a restaurant, MARINN PLACE Financial District is located in Panama City, Panama. Free WiFi access is available. Each room here will provide you with air conditioning.

From $204.60 per night
Scored out of 10, guest rating 8.5
Very Good - What previous guests thought, 306 reviews

AC Hotel by Marriott Panama City has free bikes, outdoor swimming pool, a fitness center and shared lounge in Panama City.

From $122.76 per night
Scored out of 10, guest rating 8.6
Excellent - What previous guests thought, 1,839 reviews

Offering an outdoor swimming pool and a fitness center, Global Hotel Panama is located 10 minutes’ drive from Panama Old City Center. Free Wi-Fi access is available in all areas.

From $121 per night
Scored out of 10, guest rating 8.1
Very Good - What previous guests thought, 1,111 reviews

Offering a restaurant and a fitness center, Exe Oriental Panamá is located in the center of the financial district of Panama City where you can find a variety restaurants and shops to enjoy.

From $115.50 per night

FAQ about cheap hotels in Panama City

Cheap hotels that guests love in Panama City

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Avg. price/night: $121
Scored out of 10, guest rating 8.6
Excellent - What previous guests thought, 1,839 reviews
I had a wonderful stay at the hotel in Panama City. The staff were incredibly friendly and made me feel welcome throughout my visit. A special shoutout to Kevin, the bellboy, who went above and beyond to assist and ensure everything was perfect. The room was spacious and the beds were very comfortable, ensuring a great night's sleep. The location of the hotel was also ideal—there are some nice restaurants within walking distance, I felt safe and well-cared for during my entire stay.
Guest review by
Dor
Group
Scored out of 10, guest rating 9.1
Wonderful - What previous guests thought, 41 reviews
Great location. Felt very safe in room, common spaces and with staff. Enough kitchen stuff for basic meals/coffee. Very clean and modern fixtures. AC was great and needed in Panama!
Guest review by
Gary
Family with young children
Scored out of 10, guest rating 7.6
Good - What previous guests thought, 4,472 reviews
Rooms was clean staff was friendly. Breakfast was on point every morning. Location was ideal from metro station.
Guest review by
Andrews
Family with young children
Avg. price/night: $217.05
Scored out of 10, guest rating 8.6
Excellent - What previous guests thought, 9,569 reviews
The location of the hotel is Excellent- right in the City! Close to malls and alot of places around for food. The hotel was very clean and the staff were great. Breakfast was amazing as they had alot of options to choose from! Overall we did enjoy our trip! I would stay at RIU Panama again :)
Guest review by
Donique
Family with young children
Avg. price/night: $44
Scored out of 10, guest rating 7.6
Good - What previous guests thought, 840 reviews
Very delicious free breakfast, a nice swimming pool to relax and enjoy drinks from the hostel bar, possibility to wash and dry clothes, fully equiped shared kitchen, great location close to public transport, cheap, very clean and very friendly stuff.
Guest review by
Franca
Solo traveler
Avg. price/night: $87.78
Scored out of 10, guest rating 8.7
Excellent - What previous guests thought, 1,462 reviews
Very good location, just a walking distance from two shopping malls. Very friendly and helpful stuff any time you need their support. In my deal breakfast was included and it was nice to have it any time you are awake or ready for it up to 15:00hrs I cannot call it a room its more close to apartment, very clean, with everything you need even a hot water. Would highly recommend to stay if you are in Panama
Guest review by
Anna
Solo traveler