A harbor with boats docked, a wooden pier, and mountains in the background.

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Check availability on Panajachel Cheap Hotels

This weekend
Oct 30 - Nov 1
Next weekend
Nov 6 - Nov 8

Our top choices for Panajachel cheap hotels

A multi-level outdoor patio with brick flooring, a wooden bench, and a staircase.

1. Hotel Posada don Miguel

Hotel Posada don Miguel
2.0 star property
Panajachel
8.8 out of 10, Excellent, (181 reviews)
"Great"
Canada
Karina
The price is ₩43,776
₩53,407 total
includes taxes & fees
Oct 31 - Nov 1
Hotel Posada don Miguel
A balcony with a view of a mountain and a pool.

2. Hotel Hanna Resort

Hotel Hanna Resort
3.0 star property
Panajachel
7.2 out of 10, Good, (36 reviews)
"Hotel located in a busy area of Panajchel. Front desk was courteous and very friendly, same as other staff in the hotel and restaurant. Room was clean, well organized and the distribution of bedroom, living room/office space and bathroom was good."
United States
Idael
The price is ₩17,588
₩58,547 total
includes taxes & fees
Nov 24 - Nov 25
Hotel Hanna Resort
A room with a bed, a wooden chair, a window with curtains, a ceiling fan, and a painting on the wall.

3. Hospedaje El Viajero

Hospedaje El Viajero
2.5 star property
Panajachel
8.0 out of 10, Very good, (73 reviews)
"Beautiful place close to lake Atitlan"
Finland
Tero
The price is ₩39,086
₩47,685 total
includes taxes & fees
Nov 15 - Nov 16
Hospedaje El Viajero
A pool area with stone flooring, lounge chairs, and a mountain backdrop.

4. Socialtel Atitlan

Socialtel Atitlan
3.0 star property
Panajachel
8.4 out of 10, Very good, (187 reviews)
"Great stay. I actually extended it for 4 days. The rooms are good, the pool and the restaurant/bar is nice. It’s very well located. The staff are all friendly and helpful. I would absolutely stay here again!"
United States
keith
The price is ₩78,751
₩96,076 total
includes taxes & fees
Oct 29 - Oct 30
Socialtel Atitlan
A balcony with a tiled floor, a wooden table and chairs, hanging plants, and a view of buildings in the background.

5. Royal Palace Hostal

Royal Palace Hostal
3.0 star property
Panajachel
7.2 out of 10, Good, (11 reviews)
"Good "
Mexico
Eduardo
The price is ₩28,834
₩35,177 total
includes taxes & fees
Nov 4 - Nov 5
Royal Palace Hostal
A two-story building with a sign for 'Emis Hotel' indicating amenities like WiFi and TV cable.

6. Hotel Emiss Panajachel

Hotel Emiss Panajachel
2.0 star property
Panajachel
6.0 out of 10, (4 reviews)
"Good"
United States
Griselda
The price is ₩25,328
₩30,900 total
includes taxes & fees
Oct 29 - Oct 30
Hotel Emiss Panajachel
A terrace with wooden tables and chairs, two turquoise umbrellas, and a view of a lush green hillside.

7. Hotel el Amigo

Hotel el Amigo
2.0 star property
Panajachel
6.8 out of 10, (26 reviews)
"Basic comfort for a budget stay in Panajachel, yet clean and nice. Staff was kind and welcoming, basic understanding of English language too."
United Kingdom
Vittorio
The price is ₩47,597
₩58,069 total
includes taxes & fees
Oct 29 - Oct 30
Hotel el Amigo
A patio area with a table and chairs under a white umbrella, surrounded by a low white wall and string lights.

8. Apartamentos el viajero

Apartamentos el viajero
3.0 star property
Panajachel
7.0 out of 10, Good, (2 reviews)
The price is ₩32,038
₩39,087 total
includes taxes & fees
Oct 29 - Oct 30
Apartamentos el viajero
A green house with a red roof, surrounded by a well-maintained garden and a stone pathway leading to outdoor seating.

9. Hotel Posada Kamol Bey

Hotel Posada Kamol Bey
3.0 star property
Panajachel
4.0 out of 10, (1 review)
The price is ₩42,021
₩51,266 total
includes taxes & fees
Oct 29 - Oct 30
Hotel Posada Kamol Bey
A balcony with a view of a mountain and a red building in the background.

10. Hostal Sweet Dreams

Hostal Sweet Dreams
2.0 star property
Panajachel
7.4 out of 10, Good, (18 reviews)
"Great experience"
Mexico
Ever
The price is ₩37,254
₩45,450 total
includes taxes & fees
Nov 20 - Nov 21
Hostal Sweet Dreams
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 Panajachel Hotel Reviews

Frequently asked questions

What is Panajachel like for travelers on a budget?
Panajachel offers a variety of cheap accommodations and things to do, making it a great choice for a budget-friendly getaway. In addition to its well-known attractions like Lake Atitlán, this destination is home to Piedra del Zope, which you can enjoy while spending very little.
What's the best accommodation for a budget-friendly stay in Panajachel?
Based on our traveler reviews, Socialtel Atitlan is a top choice for a less expensive stay. Other options to stay on the cheap include Hospedaje El Viajero and Hostal Sweet Dreams.
How many budget hotels are there in Panajachel?
Expedia has 7 hotels in Panajachel that are ideal if you are watching your pennies.
When is the best time for a budget trip to Panajachel?
Weather is probably a major factor when you plan your trip to Panajachel, 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 61°F, while the coldest months are January and December with an average of 60°F. The rainiest months in Panajachel are June, September, May, and August, with each month seeing an average of 19 inches of rainfall.
What is there to see and do in Panajachel?
Panajachel attracts visitors with its lakeside setting and beautiful gardens, 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 Lake Atitlán, and then look for sights and activities that cost little or nothing at all. Enjoy the outdoors at Piedra del Zope and Cerro Tzankujil, or hunt for bargains with some shopping at Panajachel Municipal Market.
How can I get to Panajachel and get around on a budget?
Scoping out the transportation options in Panajachel is a smart way to keep your trip affordable. The most convenient airport is 25.1 mi (40.4 km) from the center in Quetzaltenango (AAZ-Los Altos). However, if that doesn't suit your budget, you can look into flights to La Aurora Intl. Airport (GUA), which is 42.9 mi (69 km) away. Panajachel may not have many public transit options so a car rental could be a reasonable alternative to explore more of the area.