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

Tonight
16 Oct - 17 Oct
Tomorrow
17 Oct - 18 Oct
This weekend
16 Oct - 18 Oct
Next weekend
23 Oct - 25 Oct

Our top choices for Panama City cheap hotels

1. Principe Hotel and Suites

Principe Hotel and Suites
Bella Vista
United States
Willis
Rp1.060.674
Rp1.166.688 total
includes taxes & fees
7 Nov - 8 Nov
Principe Hotel and Suites

2. The Executive Hotel

The Executive Hotel
Bella Vista
United States
Frank
Rp1.431.991
Rp1.575.136 total
includes taxes & fees
8 Nov - 9 Nov
The Executive Hotel

3. Riande Urban Hotel

Riande Urban Hotel
Bella Vista
Canada
Gary
Rp1.432.346
Rp1.575.581 total
includes taxes & fees
18 Oct - 19 Oct
Riande Urban Hotel

4. Hotel Riu Plaza Panama

Hotel Riu Plaza Panama
Bella Vista
United States
Damien
Rp2.537.130
Rp2.790.843 total
includes taxes & fees
25 Oct - 26 Oct
Hotel Riu Plaza Panama

5. Plaza Paitilla Inn Hotel

Plaza Paitilla Inn Hotel
San Francisco
United States
Milton
Rp2.002.694
Rp2.002.694 total
includes taxes & fees
31 Oct - 1 Nov
Plaza Paitilla Inn Hotel

6. Viajero Casco Viejo Hostel

Viajero Casco Viejo Hostel
Casco Viejo
Australia
Ashleigh
Rp559.397
Rp615.337 total
includes taxes & fees
19 Oct - 20 Oct
Viajero Casco Viejo Hostel

7. Hospedium Princess Hotel Panama

Hospedium Princess Hotel Panama
Bella Vista
United States
Gregory
Rp899.547
Rp989.502 total
includes taxes & fees
15 Nov - 16 Nov
Hospedium Princess Hotel Panama

8. Hotel Coral Suites

Hotel Coral Suites
Bella Vista
United States
Teresa
Rp1.356.113
Rp1.491.724 total
includes taxes & fees
21 Oct - 22 Oct
Hotel Coral Suites

9. Hostel the pod 33

Hostel the pod 33
Bella Vista
Costa Rica
isaias
Rp356.625
Rp392.288 total
includes taxes & fees
18 Oct - 19 Oct
Hostel the pod 33

10. Axha Hostel

Axha Hostel
Calidonia
United States
Antony
Rp366.832
Rp403.515 total
includes taxes & fees
18 Oct - 19 Oct
Axha Hostel
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.

Top Panama City Hotel Reviews

Hotel Riu Plaza Panama

Hotel Riu Plaza Panama

10/10 Excellent
"Room was always Clean Friendly Staff Great Hotel"
Jermaine Jarrod 7-night trip
Posted 1 hour ago
Hotel Riu Plaza Panama
Decapolis Hotel Panama City

Decapolis Hotel Panama City

8/10 Good
"Food was limited, but I enjoyed our stay ..3"
Mechalia 4-night trip
Posted 1 day ago
Decapolis Hotel Panama City
JW Marriott Panama

JW Marriott Panama

10/10 Excellent
"best hotel to stay when you visit panama city"
Ahmed 1-night trip
Posted 1 day ago
JW Marriott Panama
Principe Hotel and Suites

Principe Hotel and Suites

10/10 Excellent
"Nice hotel and overall was good We have a incident with one of the employer communication need to improved"
Jose 4-night trip
Posted 1 day 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 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 Station and Santo Tomás Station. If you want to venture outside the area, hop on a train at Panama City Passenger Station.