A coastal cityscape with high-rise buildings, a marina, and a clear blue sky.

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Check availability on Panama City Cheap Hotels

Next weekend
10 Jul - 12 Jul
In two weeks
17 Jul - 19 Jul

Our top choices for Panama City cheap hotels

Front of property

Hotel California Panama

Hotel California Panama
3.0 star property
Bella Vista
8.0 out of 10, Very good, (103 reviews)
"Clean room, shops and restaurants close by more important the friendly and helpful staff"
United States
Sandra L
The price is ฿1,147
฿1,261 total
includes taxes & fees
8 Jul - 9 Jul
Hotel California Panama
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, (1,926 reviews)
"I stay here every visit to Panama it’s also convenient to a lot of spots"
United States
Kimberley
The price is ฿1,881
฿2,069 total
includes taxes & fees
6 Jul - 7 Jul
Principe Hotel and Suites
Outdoor pool

The District Hotel Panama

The District Hotel Panama
3.0 star property
Bella Vista
8.0 out of 10, Very good, (6 reviews)
"Bonitas instalaciones, se ve que aún están en remodelación pero hay mucho que mejorar. El desayuno me pareció muy pobre, poca variedad para no decir que nula. El wifi solo en el lobby, las habitaciones amplias pero con pocas amenidades (agua, café, hielera). El área social se ve un poco descuidada y solitaria."
United States
Yuribell
The price is ฿2,588
฿2,847 total
includes taxes & fees
12 Jul - 13 Jul
The District Hotel Panama
50-inch LED TV with satellite channels

Arcadia Condo Suites

Arcadia Condo Suites
4.0 star property
Costa del Este
9.2 out of 10, Wonderful, (314 reviews)
"Very good place to stay and safe place..!"
United States
Somnueg
The price is ฿2,956
฿3,471 total
includes taxes & fees
6 Jul - 7 Jul
Arcadia Condo Suites
Superior Double Room, Garden View | Free WiFi

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, (145 reviews)
"Lovely property, staff was always smiling and it's close to restaurants."
United States
Luis
The price is ฿3,393
฿4,404 total
includes taxes & fees
6 Jul - 7 Jul
ORHO Hotel Boutique 15 Minutes from PTY Airport
Outdoor pool, open 8:00 AM to 8:00 PM, pool umbrellas, pool loungers

Hotel Faranda Express Soloy and Casino, a member of Radisson Individuals

Hotel Faranda Express Soloy and Casino, a member of Radisson Individuals
2.5 star property
Calidonia
7.6 out of 10, Good, (327 reviews)
"Great staff, very happy with our stay"
Canada
Tina
The price is ฿2,256
฿2,482 total
includes taxes & fees
14 Jul - 15 Jul
Hotel Faranda Express Soloy and Casino, a member of Radisson Individuals
Exterior

Hotel Milan

Hotel Milan
3.0 star property
Bella Vista
9.0 out of 10, Wonderful, (544 reviews)
"Great place to stay"
United States
Kelly
The price is ฿1,327
฿1,460 total
includes taxes & fees
8 Jul - 9 Jul
Hotel Milan
Superior Suite Duplex, Balcony, Sea View | In-room safe, blackout curtains, free WiFi

Hotel Bardot Boutique

Hotel Bardot Boutique
3.0 star property
Casco Viejo
9.4 out of 10, Exceptional, (34 reviews)
"Extraordinary location, nice decor, very kind and helpful staff, delicious breakfast and good dinner / bar option. "
Brazil
Gabriela
The price is ฿3,144
฿3,459 total
includes taxes & fees
26 Jul - 27 Jul
Hotel Bardot Boutique
Outdoor pool

Hotel Suites Ambassador

Hotel Suites Ambassador
3.0 star property
Bella Vista
6.6 out of 10, (296 reviews)
"This was a very nice stay. The room was a good size, with a TV, a safe, comfortable mattresses, and convenient parking. It was a good value, located in an area with plenty of restaurants and activities. The staff was very friendly and helpful."
United States
Anayansi
The price is ฿1,941
฿2,135 total
includes taxes & fees
6 Jul - 7 Jul
Hotel Suites Ambassador
Daily buffet breakfast for a fee

Hospedium Princess Hotel Panama

Hospedium Princess Hotel Panama
3.5 star property
Bella Vista
7.4 out of 10, Good, (910 reviews)
"Had a wonderful stay!"
United States
Emily
The price is ฿1,655
฿1,821 total
includes taxes & fees
3 Aug - 4 Aug
Hospedium Princess Hotel 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.
View all properties

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

Principe Hotel and Suites

Principe Hotel and Suites

10/10 Excellent
"Muy buena experiencia, el hotel cuenta con una ubicación céntrica, el área de Vía Argentina está llena de bares y restaurantes, ofreciendo varias opciones de diversión."
Jaime 7-night trip
Posted 10 hours ago
Principe Hotel and Suites

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 36 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.