A city skyline with tall buildings and palm trees along a waterfront.

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Our top choices for Panama City cheap hotels

1. Hotel Indigo Panama City Marina by IHG

Hotel Indigo Panama City Marina by IHG
3.5 star property
Downtown Panama City
9.6 out of 10, Exceptional, (540 reviews)
"The hotel is very romantic and comfortable."
United States
Olesia
The price is ฿4,113
฿4,653 total
includes taxes & fees
29 Nov - 30 Nov
Hotel Indigo Panama City Marina by IHG

2. Holiday Inn Panama City by IHG

Holiday Inn Panama City by IHG
3.0 star property
Panama City
8.8 out of 10, Excellent, (867 reviews)
"Great place to stay, clean and quiet!"
United States
Tracy
The price is ฿3,614
฿4,088 total
includes taxes & fees
2 Dec - 3 Dec
Holiday Inn Panama City by IHG

3. Red Roof Inn Panama City

Red Roof Inn Panama City
2.0 star property
Panama City
8.2 out of 10, Very good, (1,000 reviews)
"Staff was friendly and the place was very clean"
United States
James
The price is ฿2,121
฿2,399 total
includes taxes & fees
11 Nov - 12 Nov
Red Roof Inn Panama City

4. Tru By Hilton Panama City Beach

Tru By Hilton Panama City Beach
2.5 star property
Panama City Beach
8.8 out of 10, Excellent, (663 reviews)
"Was a great stay!"
United States
Julianna
The price is ฿2,293
฿2,568 total
includes taxes & fees
17 Nov - 18 Nov
Tru By Hilton Panama City Beach

5. Holiday Inn Resort Panama City Beach by IHG

Holiday Inn Resort Panama City Beach by IHG
3.5 star property
Panama City Beach
9.2 out of 10, Wonderful, (1,423 reviews)
"Really nice beach, the resort was amazing very clean and beautiful"
United States
Yoania
The price is ฿2,972
฿5,017 total
includes taxes & fees
22 Nov - 23 Nov
Holiday Inn Resort Panama City Beach by IHG

6. Wingate by Wyndham Panama City Area Lynn Haven

Wingate by Wyndham Panama City Area Lynn Haven
3.0 star property
Lynn Haven
9.0 out of 10, Wonderful, (1,002 reviews)
"Bed and pillows super comfy"
United States
Gerri
The price is ฿2,994
฿3,204 total
includes taxes & fees
22 Nov - 23 Nov
Wingate by Wyndham Panama City Area Lynn Haven

7. Candlewood Suites Panama City Tyndall AFB by IHG

Candlewood Suites Panama City Tyndall AFB by IHG
2.5 star property
Panama City
9.4 out of 10, Exceptional, (108 reviews)
"Clean hotel."
United States
Patricia
The price is ฿3,810
฿4,117 total
includes taxes & fees
11 Nov - 12 Nov
Candlewood Suites Panama City Tyndall AFB by IHG

8. Holiday Inn Express Hotel & Suites Panama City-Tyndall by IHG

Holiday Inn Express Hotel & Suites Panama City-Tyndall by IHG
2.5 star property
Panama City
8.6 out of 10, Excellent, (538 reviews)
"Great for the price."
United States
Anita
The price is ฿2,972
฿3,212 total
includes taxes & fees
8 Nov - 9 Nov
Holiday Inn Express Hotel & Suites Panama City-Tyndall by IHG

9. La Quinta Inn & Suites by Wyndham Panama City

La Quinta Inn & Suites by Wyndham Panama City
3.0 star property
Panama City
8.8 out of 10, Excellent, (1,006 reviews)
"We would stay here again."
United States
James
The price is ฿1,893
฿2,142 total
includes taxes & fees
22 Nov - 23 Nov
La Quinta Inn & Suites by Wyndham Panama City

10. Comfort Suites

Comfort Suites
2.5 star property
Panama City
8.4 out of 10, Very good, (832 reviews)
"place was clean and safe. Bed was good and breakfast was hot."
United States
Sandra
The price is ฿2,645
฿2,859 total
includes taxes & fees
24 Nov - 25 Nov
Comfort Suites

11. Courtyard by Marriott Panama City

Courtyard by Marriott Panama City
3.0 star property
Panama City
9.0 out of 10, Wonderful, (493 reviews)
"My stay was pleasant & the location was convenient"
United States
Lashawnda
The price is ฿3,124
฿3,534 total
includes taxes & fees
3 Dec - 4 Dec
Courtyard by Marriott Panama City

12. Best Western Plus Panama City Hotel

Best Western Plus Panama City Hotel
2.5 star property
Panama City
8.4 out of 10, Very good, (1,000 reviews)
"The breakfast was buffet style and it was delicious"
United States
Minnie
The price is ฿2,436
฿2,756 total
includes taxes & fees
11 Nov - 12 Nov
Best Western Plus Panama City Hotel

13. Hilton Garden Inn Panama City

Hilton Garden Inn Panama City
3.0 star property
Panama City
8.4 out of 10, Very good, (578 reviews)
"Very nice hotel and friendly staff"
United States
Amy
The price is ฿3,152
฿3,565 total
includes taxes & fees
22 Nov - 23 Nov
Hilton Garden Inn Panama City

14. TownePlace Suites by Marriott Panama City

TownePlace Suites by Marriott Panama City
3.0 star property
Panama City
8.4 out of 10, Very good, (217 reviews)
"We stay here every time we are down here."
United States
Elliott
The price is ฿3,267
฿3,696 total
includes taxes & fees
29 Nov - 30 Nov
TownePlace Suites by Marriott Panama City

15. Marriott's Legends Edge at Bay Point

Marriott's Legends Edge at Bay Point
3.0 star property
Panama City Beach
9.6 out of 10, Exceptional, (405 reviews)
"Nice place to stay! Really enjoyed the stay and will be going again"
United States
Gary
The price is ฿4,290
฿4,805 total
includes taxes & fees
19 Nov - 20 Nov
Marriott's Legends Edge at Bay Point

16. Quality Inn Panama City North

Quality Inn Panama City North
2.5 star property
Panama City
7.6 out of 10, Good, (856 reviews)
"How to stay during a hurricane had my pet with me they allowed my dog with no fees or deposits that were real friendly"
United States
Marshall
The price is ฿1,942
฿2,197 total
includes taxes & fees
24 Nov - 25 Nov
Quality Inn Panama City North

17. Homewood Suites by Hilton Panama City Beach

Homewood Suites by Hilton Panama City Beach
3.0 star property
Panama City Beach
9.4 out of 10, Exceptional, (845 reviews)
"Great stay!"
United States
Skye
The price is ฿3,697
฿4,141 total
includes taxes & fees
3 Dec - 4 Dec
Homewood Suites by Hilton Panama City Beach

18. Days Inn by Wyndham Panama City/Callaway

Days Inn by Wyndham Panama City/Callaway
2.0 star property
Panama City
6.8 out of 10, (575 reviews)
"The room was HUGE and clean. We didn't have a refrigerator in our room and the receptionist was surprised and brought us one right away. The POOL is NOT in SERVICE. It was 94 degrees, so do not count on using it."
United States
Lisa
The price is ฿1,977
฿2,137 total
includes taxes & fees
17 Nov - 18 Nov
Days Inn by Wyndham Panama City/Callaway

19. Fairfield Inn & Suites by Marriott Panama City Beach

Fairfield Inn & Suites by Marriott Panama City Beach
3.0 star property
Panama City Beach
8.8 out of 10, Excellent, (951 reviews)
"Good hotel"
United States
Dennis
The price is ฿3,124
฿3,499 total
includes taxes & fees
9 Nov - 10 Nov
Fairfield Inn & Suites by Marriott Panama City Beach

20. Comfort Inn & Suites Panama City North

Comfort Inn & Suites Panama City North
2.5 star property
Panama City
8.2 out of 10, Very good, (944 reviews)
"I love it and nice place to stay and breakfast is so good"
United States
Kathain
The price is ฿2,229
฿2,522 total
includes taxes & fees
22 Nov - 23 Nov
Comfort Inn & Suites Panama City North
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

Panama City, Florida, offers a delightful array of activities for budget-conscious travellers eager to explore without breaking the bank. Start your adventure at St. Andrews State Park, where you can enjoy a day of sun-soaked relaxation on pristine beaches or embark on a scenic nature trail, all for a minimal entrance fee. The park's stunning landscapes are perfect for picnics, and you might even spot some local wildlife. Next, head to the Panama City Marina, where you can stroll along the waterfront, take in the views, and perhaps enjoy a free outdoor music event if your timing is right. Families will love visiting the Gulf World Marine Park, which often runs promotions for affordable tickets, allowing you to experience fascinating marine shows and interactive exhibits. If you're in the mood for a little adventure, the nearby Shell Island is accessible by a budget-friendly ferry, offering a day of exploration on untouched beaches. For meals, Panama City boasts a variety of casual eateries; consider sampling the local seafood at affordable spots like Captain Anderson's, where you can indulge in fresh catches without overspending. Staying in downtown Panama City provides easy access to these attractions, and you'll find a range of budget hotels that don't compromise on comfort or service. Many offer family-friendly amenities, making it a breeze to unwind after a day of adventure. Enjoy the vibrant atmosphere while being close to attractions, ensuring a fantastic yet wallet-friendly getaway.

Top Panama City Hotel Reviews

Frequently asked questions

What is Panama City like for travellers on a budget?
Panama City offers cheap accommodation options and a variety of places to visit, making it a budget-friendly holiday choice. You can find ways to save money while getting to know this destination, which is home to attractions such as Panama City Marina, Port Panama City and St. Andrews State Park.
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 August and July, with an average temperature of 28°C, while the coldest months are January and February, with an average of 15°C. The rainiest months in Panama City are August, July, September and June, with each month seeing an average of 176 mm of rainfall.
What is there to see and do in Panama City?
Panama City attracts visitors with its major shopping area and sunsets, 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 Pier Park, and then look for sights and activities that cost little or nothing at all. Check out the local culture at Martin Theatre and Ripley's Believe It or Not, or visit other spots like The Grand Theater.
How can I get to Panama City and get around on a budget?
Looking at these ways to get around Panama City can help keep you on budget. The nearest airport is 15.9 mi (25.6 km) from the centre in Panama City, FL (ECP-Northwest Florida Beaches Intl.). Panama City might not have many public transport choices so a rental car could be an economical alternative to see more of the area.