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Check availability on Panama City Cheap Hotels

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
8.4 out of 10, Very good, (2322)
"Spacious room, clean, good breakfast "
United States
Juan
The price is ฿3,470
฿3,817 total
includes taxes & fees
18 Dec - 19 Dec
Crowne Plaza Panama Airport by IHG

Riande Aeropuerto Hotel & Casino

Riande Aeropuerto Hotel & Casino
4.0 star property
Tocumen
8.6 out of 10, Excellent, (1854)
"Clean room and friendly staff "
United States
Delcides
The price is ฿3,945
฿4,340 total
includes taxes & fees
16 Dec - 17 Dec
Riande Aeropuerto Hotel & Casino

Hotel Riu Plaza Panama

Hotel Riu Plaza Panama
5.0 star property
Bella Vista
9.0 out of 10, Wonderful, (4667)
"Awesome great place to stay "
United States
Herbert
The price is ฿4,043
฿4,447 total
includes taxes & fees
16 Dec - 17 Dec
Hotel Riu Plaza Panama

Radisson Hotel Panama Canal

Radisson Hotel Panama Canal
4.5 star property
Amador
8.4 out of 10, Very good, (1002)
"Wonderful staff and easy checkin!"
United States
Kristin
The price is ฿2,199
฿2,419 total
includes taxes & fees
23 Dec - 24 Dec
Radisson Hotel Panama Canal

The Executive Hotel

The Executive Hotel
3.5 star property
Bella Vista
9.2 out of 10, Wonderful, (1005)
"Clean room, friendly staff, great breakfast daily. I would always recommend this hotel to my friends and family. "
United States
Roxanne Timolyn Thomas
The Executive Hotel

Plaza Paitilla Inn Hotel

Plaza Paitilla Inn Hotel
3.5 star property
San Francisco
9.4 out of 10, Exceptional, (2135)
"Great location, friendly staff, excellent views and the best breakfast around."
Canada
Gregory
The price is ฿3,406
฿3,746 total
includes taxes & fees
16 Dec - 17 Dec
Plaza Paitilla Inn Hotel

Principe Hotel and Suites

Principe Hotel and Suites
3.0 star property
Bella Vista
9.0 out of 10, Wonderful, (1589)
"Room was ok ac good staff was good "
United States
Kerro
The price is ฿1,577
฿1,735 total
includes taxes & fees
27 Dec - 28 Dec
Principe Hotel and Suites

Hospedium Princess Hotel Panama

Hospedium Princess Hotel Panama
3.5 star property
Bella Vista
7.6 out of 10, Good, (697)
"The breakfast was great, I love the pool."
United States
Estefani
The price is ฿1,624
฿1,787 total
includes taxes & fees
5 Jan - 6 Jan 2026
Hospedium Princess Hotel Panama

Hotel Milan

Hotel Milan
3.0 star property
Bella Vista
9.0 out of 10, Wonderful, (425)
"It was a very pleasant experience the hotel is located in a great neighborhood, staff were friendly and competent, secure property and parking, clean and decent accommodations, especially at the room price point. "
Canada
Roger
The price is ฿1,262
฿1,388 total
includes taxes & fees
16 Dec - 17 Dec
Hotel Milan

Courtyard by Marriott Panama Metromall

Courtyard by Marriott Panama Metromall
4.0 star property
Cerro Viento
8.8 out of 10, Excellent, (1005)
"The hotel is conveniently close to the airport and shopping centres. "
United States
Samantha
The price is ฿3,191
฿3,510 total
includes taxes & fees
5 Jan - 6 Jan 2026
Courtyard by Marriott Panama Metromall
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

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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 Plaza Paitilla Inn 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 33 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.