Find Cheap Hotels in Colombo

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Our top choices for Colombo cheap hotels

Oasis Colombo

Oasis Colombo
3.0 star property
Colombo
8.8 out of 10, Excellent, (3)
"Clean small single room in quiet area."
Switzerland
Ruedi
The price is ₩31,947
₩37,698 total
includes taxes & fees
Jan 17 - Jan 18, 2026
Oasis Colombo

Palm Grove

Palm Grove
3.0 star property
Cinnamon Gardens
10.0 out of 10, Exceptional, (2)
"House keeping service was excellent. Whatever you asked for was immediately taken care of. Breakfast was personalized. Surrounding area is good too. Would love to stay again in near future."
Canada
Moiz
The price is ₩62,601
₩73,869 total
includes taxes & fees
Dec 22 - Dec 23
Palm Grove

C1 Colombo Fort - Hostel

C1 Colombo Fort - Hostel
2.0 star property
Fort
9.0 out of 10, Wonderful, (161)
"Great place for a solo traveller."
Australia
Andrew
The price is ₩73,648
₩87,782 total
includes taxes & fees
Jan 20 - Jan 21, 2026
C1 Colombo Fort - Hostel

Ashan's Cozy Apartments

Ashan's Cozy Apartments
2.0 star property
Bambalapitiya
5.0 out of 10, (14)
"Bad accommodations and "
Canada
Chandrakumar
Ashan's Cozy Apartments

The Regent Grand Hotel - Galle Face

The Regent Grand Hotel - Galle Face
2.0 star property
Kollupitiya
10.0 out of 10, Exceptional, (2)
"Excellent work "
Canada
Chandrakanthan
The price is ₩32,099
₩37,877 total
includes taxes & fees
Jan 5 - Jan 6, 2026
The Regent Grand Hotel - Galle Face

Victory Colombo

Victory Colombo
2.5 star property
Thimbirigasyaya
6.0 out of 10, (2)
The price is ₩26,595
₩31,382 total
includes taxes & fees
Dec 22 - Dec 23
Victory Colombo

Palmyrah Residencies

Palmyrah Residencies
3.0 star property
Colombo
6.6 out of 10, (18)
"Clean and quiet place. Everything is nearby. Excellent service. "
Mexico
Paola
Palmyrah Residencies

Artisan Villa Colombo

Artisan Villa Colombo
3.0 star property
Borella
8.2 out of 10, Very Good, (15)
"Nice place, and the standard is asian. A little bit dirty."
Norway
Monica
Artisan Villa Colombo

City Beds Colombo

City Beds Colombo
2.0 star property
Hunupitiya
7.8 out of 10, Good, (14)
"Near the station!"
Japan
Satoshi
City Beds Colombo

Shiloh Apartments

Shiloh Apartments
2.0 star property
Colombo
9.2 out of 10, Wonderful, (5)
"Friendly supportive staff and comfortable facilities . "
Australia
Chathu
The price is ₩46,541
₩54,918 total
includes taxes & fees
Dec 24 - Dec 25
Shiloh Apartments
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.

Find out more about Colombo

Discover cheap things to do in Colombo

Colombo, the vibrant capital of Sri Lanka, offers a paradise of affordable experiences for budget-conscious travelers. Start your day at the Gangaramaya Temple, a stunning blend of modern architecture and traditional design, where entrance is free, allowing you to soak in the serene atmosphere and admire intricate statues and relics. Next, wander through the bustling Pettah Market, where you can find everything from spices to textiles at bargain prices—don't forget to haggle for the best deals! For a taste of local culture, head to Galle Face Green, where you can enjoy a sunset picnic with street food from vendors serving up delicious hoppers and kottu roti, all for under a couple of dollars. The National Museum, featuring extensive exhibits on Sri Lanka's history and culture, offers an affordable entrance fee and is perfect for families looking to enrich their trip. Finally, for a unique experience, explore the Colombo Fort area, where historic architecture meets modern cafes and galleries, creating a charming blend of past and present. This area is particularly suited for budget travelers seeking economical accommodations—numerous guesthouses and budget hotels are conveniently located, allowing for easy exploration of these attractions while enjoying attentive service. With these exciting experiences just around the corner, Colombo stands ready to delight travelers looking for both value and quality.

Find the best cheap hotels in Colombo

For budget-conscious travelers visiting Colombo, these hotels offer great value without compromising on comfort and convenience. Discover the best affordable stays that cater to your needs.

Cinnamon Red Colombo

  • Why it's great for a budget-friendly vacation: Cinnamon Red Colombo is an ideal choice for budget travelers seeking quality and comfort, a fantastic review rating of 9.0. This hotel features essential amenities such as free WiFi and complimentary toiletries, ensuring guests have a straightforward stay. The outdoor pool and rooftop terrace provide excellent spots for relaxation after a day of exploring the vibrant city.
  • Other amenities: In addition to its budget-friendly offerings, guests can enjoy a range of features including daily housekeeping, an accessible fitness center, and a poolside bar. The hotel also provides self-parking and is conveniently located near shopping districts and the beach. Families will appreciate the free breakfast options for children, along with spacious rooms featuring premium bedding and sofa beds for added comfort.
  • Neighborhood: Kollupitiya
  • Nearby attractions: Colombo City Centre - 0.85 miles, United States Embassy Colombo - 0.55 miles, Bellagio Casino - 0.8 miles

Top Colombo Hotel Reviews

Frequently asked questions

What is Colombo like for travelers on a budget?
Colombo has cheap accommodation options and a range of things to see and do, making it a budget-friendly vacation choice. You can find ways to save money while getting to know this destination, which is home to attractions like Colombo Lotus Tower, Colombo City Centre, and Colombo Town Hall.
What's the best place to stay on a budget in Colombo?
Based on our traveler reviews, C1 Colombo Fort - Hostel is a top choice for a less expensive stay. Other good choices for your budget-friendly stay include CityRest Fort - Hostel and Haven Fort Hostel.
How many cheap hotels are there in Colombo?
Expedia has 10 hotels in Colombo that are ideal if you are watching your pennies.
When is the best time for a budget trip to Colombo?
Weather will likely play an important role when you plan your trip to Colombo, and keep 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 temp of 81°F, while the coldest months are January and February with an average of 80°F. The rainiest months in Colombo are May, October, June, and November, with each month seeing an average of 16 inches of rainfall.
What is there to see and do in Colombo?
Colombo is known for its sunsets and sporting events, and offers plenty to see and do without spending a fortune. You can budget for the local attractions that interest you most, and then fill your itinerary with activities that are easy on the wallet. Hunt for bargains with some shopping at Colombo City Centre and Pettah Market, or get outdoors at Galle Face Green.
How can I get to Colombo and get around on a budget?
Scoping out the transportation options in Colombo can help keep you on budget. The most convenient airport is 17.2 mi (27.6 km) from the center in Bandaranaike Intl. Airport (CMB). If you want to journey outside of the area, ride aboard a train from Colombo Fort Station, Bambalapitiya Railway Station, or Wellawatta Railway Station.