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Our top choices for Panama City cheap hotels

Outdoor pool, pool umbrellas, pool loungers

Crowne Plaza Panama Airport by IHG

Crowne Plaza Panama Airport by IHG
4.0 star property
Tocumen
8.6 out of 10, Excellent, (2,516 reviews)
"Very clean and comfortable stay, beautiful lobby and restaurant."
United States
EL Heru
The price is Rp2.091.446
Rp2.413.734 total
includes taxes & fees
12 May - 13 May
Crowne Plaza Panama Airport by IHG
Outdoor pool, pool loungers

Hotel Riu Plaza Panama

Hotel Riu Plaza Panama
5.0 star property
Bella Vista
9.0 out of 10, Wonderful, (5,295 reviews)
"Great place to stay, great staff, I had a good time in the hotel itself "
United States
Walana
The price is Rp2.485.735
Rp2.734.309 total
includes taxes & fees
5 May - 6 May
Hotel Riu Plaza Panama
Lobby

The Executive Hotel

The Executive Hotel
3.5 star property
Bella Vista
9.2 out of 10, Wonderful, (1,066 reviews)
"Great location, nice hotel with great friendly and courteous staff. "
United States
Rogelio
The price is Rp1.388.574
Rp1.527.431 total
includes taxes & fees
30 Apr - 1 May
The Executive Hotel
Terrace/patio

Plaza Paitilla Inn Hotel

Plaza Paitilla Inn Hotel
3.5 star property
San Francisco
9.4 out of 10, Exceptional, (2,152 reviews)
"Clean room, the staff were friendly as always. Amazing pool area and good food!"
United States
Claudia
The price is Rp1.768.705
Rp1.945.576 total
includes taxes & fees
26 Apr - 27 Apr
Plaza Paitilla Inn Hotel
Outdoor pool, open 7:00 AM to 10:30 PM, free pool cabanas

Riande Aeropuerto Hotel & Casino

Riande Aeropuerto Hotel & Casino
4.0 star property
Tocumen
8.6 out of 10, Excellent, (1,853 reviews)
"Property was good, would stay there again. "
United States
Juan
The price is Rp2.312.996
Rp2.544.296 total
includes taxes & fees
4 May - 5 May
Riande Aeropuerto Hotel & Casino
Garden

Radisson Hotel Panama Canal

Radisson Hotel Panama Canal
4.5 star property
Amador
8.6 out of 10, Excellent, (1,029 reviews)
"Breakfast buffet was good."
United States
CHRISTIAN
The price is Rp1.265.153
Rp1.391.668 total
includes taxes & fees
14 May - 15 May
Radisson Hotel Panama Canal
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, (1,174 reviews)
"Clean, spacious rooms, very nice and welcoming staff. Great breakfast. "
United States
Erica
The price is Rp1.819.744
Rp2.001.804 total
includes taxes & fees
8 May - 9 May
Ramada Plaza by Wyndham Panama Punta Pacifica
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, (1,803 reviews)
"Wonderful location, in close proximity to many main attractions. Great stay, wonderful staff and a beautiful hotel. "
United States
Rojay
The price is Rp971.101
Rp1.068.211 total
includes taxes & fees
19 Apr - 20 Apr
Principe Hotel and Suites
Outdoor pool

Hyatt Regency Panama City

Hyatt Regency Panama City
5.0 star property
Bella Vista
9.6 out of 10, Exceptional, (256 reviews)
"Great staff and the food was amazing. "
United States
Nyrisha
The price is Rp2.700.022
Rp2.970.024 total
includes taxes & fees
1 May - 2 May
Hyatt Regency Panama City
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, (1,011 reviews)
"Great place!"
United States
JULIAN
The price is Rp1.675.728
Rp1.843.301 total
includes taxes & fees
13 May - 14 May
TRYP by Wyndham Panamá Centro
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.

Top Panama City Hotel Reviews

Principe Hotel and Suites

Principe Hotel and Suites

10/10 Excellent
"Clean, spacious room with a very comfortable bed. The staff was exceptional — they stored our luggage, let us rest in the lobby, and even gave us a room 6 hours early, which made our stay. Great bathroom and shower. Fast WiFi. Perfect AC — coming back from the heat to a cool room was amazing. Completely quiet at night. Facilities are a bit dated but still pleasant. Curtains aren’t blackout but block most light. No iron, bottled water, or toiletries provided. Excellent location next to a supermarket and near the metro, with easy and affordable Uber access. Felt safe even at night. Outstanding value for money — very affordable without feeling cheap at all."
Leonelo Roman 3-night trip
Posted 1 hour 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 Principe Hotel and Suites 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 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 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.