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Our top choices for Panama City cheap hotels

Crowne Plaza Panama Airport by IHG

Crowne Plaza Panama Airport by IHG
4.0 star property
Tocumen
8.6 out of 10, Excellent, (2,597 reviews)
"Great place to stay, restaurant is great also"
United States
Janet
The price is ฿4,483
฿5,149 total
includes taxes & fees
4 Jul - 5 Jul
Crowne Plaza Panama Airport by IHG

Riande Aeropuerto Hotel & Casino

Riande Aeropuerto Hotel & Casino
4.0 star property
Tocumen
8.4 out of 10, Very good, (1,812 reviews)
"The pool area is very nice"
United States
Matthew
The price is ฿3,893
฿4,283 total
includes taxes & fees
22 Jun - 23 Jun
Riande Aeropuerto Hotel & Casino

ORHO Hotel Boutique 15 Minutes from PTY Airport

ORHO Hotel Boutique 15 Minutes from PTY Airport
2.0 star property
Tocumen
8.8 out of 10, Excellent, (139 reviews)
"Lovely property, staff was always smiling and it's close to restaurants."
United States
Luis
The price is ฿3,372
฿4,376 total
includes taxes & fees
22 Jun - 23 Jun
ORHO Hotel Boutique 15 Minutes from PTY Airport

Megapolis Hotel Panamá

Megapolis Hotel Panamá
4.5 star property
San Francisco
8.4 out of 10, Very good, (1,568 reviews)
"I love my stay, very convenient for everything, shopping, close by red bus stop and airport!!!"
United States
Carla
The price is ฿4,334
฿4,767 total
includes taxes & fees
19 Jul - 20 Jul
Megapolis Hotel Panamá

The Executive Hotel

The Executive Hotel
3.5 star property
Bella Vista
9.2 out of 10, Wonderful, (1,157 reviews)
The price is ฿2,950
฿3,245 total
includes taxes & fees
17 Jul - 18 Jul
The Executive Hotel

Radisson Hotel Panama Canal

Radisson Hotel Panama Canal
4.5 star property
Amador
8.6 out of 10, Excellent, (1,001 reviews)
"The hotel is good, love the quiet atmosphere it have some times."
United States
Carol
The price is ฿2,819
฿3,100 total
includes taxes & fees
27 Jun - 28 Jun
Radisson Hotel Panama Canal

Courtyard by Marriott Panama Metromall

Courtyard by Marriott Panama Metromall
4.0 star property
San Antonio
9.0 out of 10, Wonderful, (1,003 reviews)
"The stay was amazing"
United States
Desmond
The price is ฿3,597
฿3,957 total
includes taxes & fees
19 Jul - 20 Jul
Courtyard by Marriott Panama Metromall

Plaza Paitilla Inn Hotel

Plaza Paitilla Inn Hotel
3.5 star property
San Francisco
9.4 out of 10, Exceptional, (2,172 reviews)
"One of my favorite hotels in Panama City, always a great experience and lots of things to do close by, the best breakfast buffet in the area."
United States
Danny
The price is ฿3,404
฿3,745 total
includes taxes & fees
12 Jul - 13 Jul
Plaza Paitilla Inn Hotel

The Beach House

The Beach House
3.0 star property
Amador
8.4 out of 10, Very good, (436 reviews)
"Very nice small hotel, comfortable excellent location on Amador Causeway. Close to Albrook Mall, Casco, Viejo…"
United States
David
The price is ฿2,452
฿2,698 total
includes taxes & fees
1 Jul - 2 Jul
The Beach House

Decapolis Hotel Panama City

Decapolis Hotel Panama City
4.0 star property
San Francisco
8.6 out of 10, Excellent, (1,690 reviews)
"Clean room and excellent location and breakfas"
United States
Ramon Luis
The price is ฿3,177
฿3,494 total
includes taxes & fees
23 Jun - 24 Jun
Decapolis Hotel Panama City
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

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 travellers seeking affordable yet comfortable stays in Panama City, these hotels offer great value without compromising on essential amenities. Explore these top picks that cater perfectly to budget-conscious guests.

Best Western El Dorado Panama Hotel

  • Why it's great for a budget-friendly vacation: Best Western El Dorado Panama Hotel is a fantastic option for budget-conscious guests, earning a solid review rating of 9.0. This hotel offers a range of complimentary amenities, including free breakfast options available daily and a 24-hour airport shuttle, making it a practical choice for travellers.
  • Other amenities: Guests can also take advantage of an outdoor pool to relax and unwind, along with free self-parking. The hotel features a fitness centre for those looking to maintain their routine, and convenient kitchenettes in select rooms. With easy access to nearby shopping and attractions, it’s an ideal base for exploring Panama City on a budget.
  • Neighborhood: Bethania
  • Nearby attractions: Crown Casino - 4.1 km, El Dorado Mall - 0.5 km, Iglesia del Carmen - 3.7 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 Riande Urban Hotel and The Executive Hotel.
How many low-cost hotels can I expect to find in Panama City?
Choose a hotel that suits your wallet from Expedia's 35 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.