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Check availability on Panama City Cheap Hotels

Our top choices for Panama City cheap hotels

Front of property – evening/night

Principe Hotel and Suites

Principe Hotel and Suites
3.0 star property
Bella Vista
9.0 out of 10, Wonderful, (1,709 reviews)
"Room was clean, location was good."
United States
David
The price is ฿1,818
฿2,000 total
includes taxes & fees
17 Feb - 18 Feb
Principe Hotel and Suites
2 bars/lounges, gastropub

Riande Urban Hotel

Riande Urban Hotel
3.5 star property
Bella Vista
8.8 out of 10, Excellent, (1,053 reviews)
"Clean spacious room and friendly staff"
United States
Leslie
The price is ฿2,614
฿2,875 total
includes taxes & fees
17 Feb - 18 Feb
Riande Urban Hotel
Outdoor pool, open 8:00 AM to 6:00 PM, pool umbrellas, pool loungers

The Executive Hotel

The Executive Hotel
3.5 star property
Bella Vista
9.2 out of 10, Wonderful, (1,009 reviews)
"Breakfast was excellent, Rooms are lovely "
United States
Kera Michele Naomi
The Executive Hotel
Breakfast, lunch, dinner served; international cuisine

Ramada Plaza by Wyndham Panama Punta Pacifica

Ramada Plaza by Wyndham Panama Punta Pacifica
4.0 star property
San Francisco
9.6 out of 10, Exceptional, (1,150 reviews)
"Clean, nice staff and super close to the airport "
United States
Leticia
The price is ฿3,249
฿3,574 total
includes taxes & fees
28 Feb - 1 Mar
Ramada Plaza by Wyndham Panama Punta Pacifica
Terrace/patio

Plaza Paitilla Inn Hotel

Plaza Paitilla Inn Hotel
3.5 star property
San Francisco
9.4 out of 10, Exceptional, (2,141 reviews)
"Hotel was very clean, the staff was very helpful and the breakfast was very good!"
United States
Monty
The price is ฿3,355
฿3,690 total
includes taxes & fees
12 Mar - 13 Mar
Plaza Paitilla Inn Hotel
Lobby sitting area

Hotel Coral Suites

Hotel Coral Suites
3.5 star property
Bella Vista
8.8 out of 10, Excellent, (1,000 reviews)
"Clean rooms, staff friendly and helpful. "
Canada
Luis
The price is ฿2,154
฿2,369 total
includes taxes & fees
27 Feb - 28 Feb
Hotel Coral Suites
Outdoor pool, pool umbrellas, pool loungers

TRYP by Wyndham Panamá Centro

TRYP by Wyndham Panamá Centro
3.5 star property
Bella Vista
9.2 out of 10, Wonderful, (1,003 reviews)
"Great stay, the room was clean, the staff were friendly, the breakfast was excellent with good verity. "
United States
Michael
The price is ฿3,188
฿3,507 total
includes taxes & fees
24 Feb - 25 Feb
TRYP by Wyndham Panamá Centro
View from property

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

The Santa Maria, A Luxury Collection Hotel & Golf Resort, Panama City
5.0 star property
Juan Diaz
9.6 out of 10, Exceptional, (664 reviews)
"As usual the stay was amazing in this hotel"
United States
Jose
The price is ฿8,367
฿9,204 total
includes taxes & fees
7 Mar - 8 Mar
The Santa Maria, A Luxury Collection Hotel & Golf Resort, Panama City
Couples treatment room(s), sauna, steam room, body treatments

Bristol Panama, a Registry Collection Hotel

Bristol Panama, a Registry Collection Hotel
5.0 star property
Bella Vista
9.4 out of 10, Exceptional, (1,000 reviews)
"All was perfect for our Christmas vacation - staff food and rooms - would definitely stay here again"
United States
PROBIR MAYUR
The price is ฿6,174
฿6,792 total
includes taxes & fees
17 Mar - 18 Mar
Bristol Panama, a Registry Collection Hotel
Daily buffet breakfast (PAB 21 per person)

Sheraton Grand Panama

Sheraton Grand Panama
4.0 star property
San Francisco
8.6 out of 10, Excellent, (1,008 reviews)
"Good locatiion"
United States
Caren
The price is ฿3,936
฿4,329 total
includes taxes & fees
27 Feb - 28 Feb
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.
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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

Plaza Paitilla Inn Hotel

Plaza Paitilla Inn Hotel

10/10 Excellent
"The friendly and attentive service - from the time we drove up to the hotel until we checked out! The view from my room was wonderful. And the overall atmosphere was relaxing and welcoming. "
Linda 5-night trip
Posted 1 day ago
Plaza Paitilla Inn Hotel

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 Principe Hotel and Suites.
How many low-cost hotels can I expect to find in Panama City?
Choose a hotel that suits your wallet from Expedia's 34 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 Interoceanic Canal Museum and Colonial Religious Art 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.