A bustling outdoor café with blue and red umbrellas, surrounded by historic buildings and trees.

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Check availability on Downtown Shanghai Cheap Hotels

Our top choices for Downtown Shanghai cheap hotels

A modern hotel with multiple floors, large windows, and a prominent entrance.

1. Green Court Residence City Center Shanghai People's Square

Green Court Residence City Center Shanghai People's Square
4.0 star property
Downtown Shanghai
8.8 out of 10, Excellent, (1,600 reviews)
"Incredibly convenient location."
United Kingdom
DAVID
The price is ₩102,499
₩119,515 total
includes taxes & fees
Sep 27 - Sep 28
Green Court Residence City Center Shanghai People's Square
A hotel room with two beds, a TV, a desk, and a window with curtains.

2. Jinglai Hotel (Shanghai Bund East Nanjing Road Pedestrian Street)

Jinglai Hotel (Shanghai Bund East Nanjing Road Pedestrian Street)
3.5 star property
Downtown Shanghai
8.8 out of 10, Excellent, (124 reviews)
"I really enjoyed the stay"
Canada
Yasotha
The price is ₩84,968
₩99,072 total
includes taxes & fees
Sep 27 - Sep 28
Jinglai Hotel (Shanghai Bund East Nanjing Road Pedestrian Street)
A bar area with a marble counter, shelves with bottles, and a chalkboard menu listing drinks.

3. Fish Inn East Nanjing Road

Fish Inn East Nanjing Road
3.0 star property
Downtown Shanghai
8.4 out of 10, Very Good, (609 reviews)
"Great location, good value and friendly staff, would recommend this hotel to anyone."
United Kingdom
Samuel
The price is ₩75,227
₩86,517 total
includes taxes & fees
Sep 10 - Sep 11
Fish Inn East Nanjing Road
A modern hotel room with a large bed, a sofa, a desk, and a view of a city skyline.

4. Holiday Inn Express Shanghai On The Bund by IHG

Holiday Inn Express Shanghai On The Bund by IHG
3.5 star property
Downtown Shanghai
9.6 out of 10, Exceptional, (270 reviews)
"Excellent location and very helpful and warm receptive staff. In addition the buffet breakfast offered an excellent selection"
United Kingdom
Zaid
The price is ₩126,390
₩147,369 total
includes taxes & fees
Sep 28 - Sep 29
Holiday Inn Express Shanghai On The Bund by IHG
A multi-level hotel lobby with a central fountain, multiple dining areas, and balconies.

5. Grand Central Hotel Shanghai

Grand Central Hotel Shanghai
4.5 star property
Downtown Shanghai
9.2 out of 10, Wonderful, (1,004 reviews)
"Nice hotel, excellent location, very friendly and helpful staff. They surprise me with a bday cake on my birthday."
United States
Maria Elena A.
The price is ₩140,700
₩161,804 total
includes taxes & fees
Sep 27 - Sep 28
Grand Central Hotel Shanghai
A modern hotel room with a large bed, a sofa, a dining table, and a kitchen area with bar stools.

6. River House Near Peoples Square And The Bund

River House Near Peoples Square And The Bund
3.0 star property
Downtown Shanghai
9.4 out of 10, Exceptional, (105 reviews)
"Great house with a great location. We truly enjoyed our stay. Close to all the walking and shopping. House was very comfortable great host."
United States
Claudia
The price is ₩68,031
₩79,325 total
includes taxes & fees
Sep 13 - Sep 14
River House Near Peoples Square And The Bund
A high-rise hotel with a distinctive cylindrical top, multiple floors, and a central courtyard.

7. Central Hotel Shanghai

Central Hotel Shanghai
4.0 star property
Downtown Shanghai
9.0 out of 10, Wonderful, (1,005 reviews)
"Kind staff, good location, nice hotel room, and a beautiful view of Nanjing Road."
Netherlands
Lean Marie
The price is ₩121,514
₩139,741 total
includes taxes & fees
Sep 28 - Sep 29
Central Hotel Shanghai
A multi-story building with a curved facade, large windows, and a central entrance with a canopy.

8. Magnificent International Hotel

Magnificent International Hotel
3.0 star property
Downtown Shanghai
6.8 out of 10, (523 reviews)
"The room was very large and spacious, really good bed size. Good number of outlets for charging devices and a laundry room available to use. The room was a bit outdated with wallpaper peeling off. There was loud construction work from 6am in the morning even on weekends."
United Kingdom
Imogen
The price is ₩62,955
₩62,955 total
includes taxes & fees
Sep 28 - Sep 29
Magnificent International Hotel

9. Book and Bed - East Nanjing Road

Book and Bed - East Nanjing Road
2.0 star property
Downtown Shanghai
8.8 out of 10, Excellent, (8 reviews)
"The actual facility is very different from how it looked on the pictures. Location is convenient and host is very nice and helpful but the facility itself is not up to the price."
Canada
Chang Ying
The price is ₩58,811
₩68,574 total
includes taxes & fees
Sep 10 - Sep 11
Book and Bed - East Nanjing Road
A rooftop infinity pool with city views, large windows, and a starry ceiling.

10. Renaissance Shanghai Yu Garden Hotel on the Bund by Nanjing Road

Renaissance Shanghai Yu Garden Hotel on the Bund by Nanjing Road
4.5 star property
Downtown Shanghai
9.0 out of 10, Wonderful, (1,001 reviews)
"Great hotel accommodation, you will not be disappointed!"
Canada
Khadijah
The price is ₩149,894
₩174,777 total
includes taxes & fees
Oct 6 - Oct 7
Renaissance Shanghai Yu Garden Hotel on the Bund by Nanjing Road
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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Top Downtown Shanghai Hotel Reviews

Radisson Collection Hyland Shanghai

Radisson Collection Hyland Shanghai

10/10 Excellent
"Hotel was in perfect location only thing I think was missing was a bar but other then that all good"
JESUS 4-night trip
Posted 12 hours ago
Radisson Collection Hyland Shanghai

Frequently asked questions

What is Downtown Shanghai like for travelers on a budget?
Downtown Shanghai offers cheap accommodation options and a range of things to see and do, making it a great vacation choice for budget-conscious travelers. In addition to its well-known attractions like The Bund and Nanjing Road Shopping District, this destination is home to Pudong Riverside Promenade and Park and Yu Garden, which you can enjoy while spending very little.
What's the best accommodation for a budget-friendly stay in Downtown Shanghai?
Based on reviews, Radisson Blu Hotel Shanghai New World is a popular hotel for our travelers who want a more economical choice, and features free WiFi and 3 restaurants. Other options for your budget-friendly stay include Ma Cherie Hostel and Iforest Youth Hotel - Nanjing Road Pedestrian Street Huanghe Road Store.
How many inexpensive hotels will I find in Downtown Shanghai?
Expedia has 6 hotels in Downtown Shanghai that are ideal if you are watching your pennies.
What is there to see and do in Downtown Shanghai?
Downtown Shanghai attracts visitors with its major shopping area and top museums, 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 The Bund and Nanjing Road Shopping District, and then look for sights and activities that cost little or nothing at all. Explore and snap photos of landmarks like Shanghai Old Street, or enjoy the outdoors at Pudong Riverside Promenade and Park and Yu Garden.
How can I get to Downtown Shanghai and get around on a budget?
Checking out these ways to get around Downtown Shanghai can help keep you on budget. The nearest airport is 10 mi (16.1 km) away from the center in Hongqiao International Airport (SHA). If that doesn't suit your budget, you can book a flight to Shanghai Pudong Intl. Airport (PVG), located 19.6 mi (31.5 km) away. You can access metro transit at East Nanjing Road Station, Yuyuan Garden Station, and Puxi Tram Stop.