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Check availability on Panama City Cheap Hotels

Top Panama City Cheap Hotels

Front of property – evening/night
Principe Hotel and Suites
Principe Hotel and Suites
3.0 star property
9.0 out of 10, Wonderful, (1520)
"Clean from affordable pleasant staff was very nice stay "
The price is ฿1,633
฿1,797 total
includes taxes & fees
24 Oct - 25 Oct
Principe Hotel and Suites
2 bars/lounges, gastropub
Riande Urban Hotel
Riande Urban Hotel
3.5 star property
8.8 out of 10, Excellent, (1051)
"We enjoyed our stay as always."
The price is ฿2,374
฿2,612 total
includes taxes & fees
16 Oct - 17 Oct
Riande Urban Hotel
Lobby
The Executive Hotel
The Executive Hotel
3.5 star property
9.2 out of 10, Wonderful, (1013)
"Hotel is awesome, clean and rooms are wonderful! "
The Executive Hotel
Outdoor pool, pool umbrellas, pool loungers
Ramada Plaza by Wyndham Panama Punta Pacifica
Ramada Plaza by Wyndham Panama Punta Pacifica
4.0 star property
9.6 out of 10, Exceptional, (1073)
"Good place to stay, convenient and the service was very good "
The price is ฿3,555
฿3,910 total
includes taxes & fees
1 Nov - 2 Nov
Ramada Plaza by Wyndham Panama Punta Pacifica
View from property
Plaza Paitilla Inn Hotel
Plaza Paitilla Inn Hotel
3.5 star property
9.4 out of 10, Exceptional, (2129)
"Breakfast was great, friendly staff and walking distance to a small mall"
The price is ฿4,933
฿5,427 total
includes taxes & fees
16 Oct - 17 Oct
Plaza Paitilla Inn Hotel
Reception
Hotel Coral Suites
Hotel Coral Suites
3.5 star property
9.0 out of 10, Wonderful, (1008)
"Great location with spacious rooms "
The price is ฿2,264
฿2,490 total
includes taxes & fees
16 Oct - 17 Oct
Hotel Coral Suites
Exterior
TRYP by Wyndham Panamá Centro
TRYP by Wyndham Panamá Centro
3.5 star property
9.0 out of 10, Wonderful, (1018)
"Great affordable dining and service "
The price is ฿2,744
฿3,019 total
includes taxes & fees
27 Oct - 28 Oct
TRYP by Wyndham Panamá Centro
Suite, 1 Bedroom, Non Smoking, Golf View (Terrace) | Premium bedding, minibar, in-room safe, desk
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
9.6 out of 10, Exceptional, (618)
"The staff were fantastic. The service was great. "
The price is ฿7,072
฿7,780 total
includes taxes & fees
9 Nov - 10 Nov
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
9.2 out of 10, Wonderful, (1008)
"We had an amazing time, great hotel and great breakfast. "
The price is ฿5,998
฿6,598 total
includes taxes & fees
25 Oct - 26 Oct
Bristol Panama, a Registry Collection Hotel
Terrace/patio
Sheraton Grand Panama
Sheraton Grand Panama
4.0 star property
8.6 out of 10, Excellent, (964)
"Centrally located and friendly staff "
The price is ฿4,381
฿4,819 total
includes taxes & fees
1 Nov - 2 Nov
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

Hotel Riu Plaza Panama

Hotel Riu Plaza Panama

10/10 Excellent
"Friendly staff all around"
WYCLIFFE 4-night trip
Posted 3 days ago
Hotel Riu Plaza Panama
Waldorf Astoria Panama

Waldorf Astoria Panama

10/10 Excellent
"Oliver was a pleasure and very informative on the surrounding areas, include very pleasant attitude with a smile on his face daily !! Thank you Oliver !! "
Timothy 3-night trip
Posted 2 weeks ago
Waldorf Astoria Panama

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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 The Executive Hotel and Plaza Paitilla Inn Hotel.
How many low-cost hotels can I expect to find in Panama City?
Choose a hotel that suits your wallet from Expedia's 31 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.