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
Oct 1 - Oct 2
Tomorrow
Oct 2 - Oct 3
This weekend
Oct 2 - Oct 4
Next weekend
Oct 9 - Oct 11

Our top choices for Panama City cheap hotels

A hotel named PRINCIPE with a modern facade and large glass windows.
A hotel lobby with a reception desk, seating area, and a visible sign for 'PRINCIPES HOTEL & SQUITES'.
A hotel reception area with a modern design, featuring a reception desk, white chairs, and a visible fire feature.
A hotel room with a TV mounted on the wall, a large mirror, and a red bedspread.

1. Principe Hotel and Suites

Principe Hotel and Suites
Bella Vista
United States
Dayami
₩80,061
₩88,063 total
includes taxes & fees
Oct 2 - Oct 3
Principe Hotel and Suites
A modern lobby with a chandelier, seating area, reception desk, and a staircase.
A dining area with a glass table, wicker chairs, a plate of fruit, and a cocktail glass.
A hotel dining area with wicker chairs, a bar counter, and pendant lighting.
A modern hotel lobby with a marble reception desk, comfortable seating, a large painting, and a large plant.

2. The Executive Hotel

The Executive Hotel
Bella Vista
United States
Sandra
₩120,409
₩132,450 total
includes taxes & fees
Oct 26 - Oct 27
The Executive Hotel
A rooftop pool with sun loungers and umbrellas, surrounded by palm trees and modern buildings.
A modern living room with a sofa set, a coffee table, and a dining area with chairs and a table.
A modern hotel room with a dining area, a TV, and a city view.
A spacious lobby with a central seating area, a chandelier, and a modern ceiling design.

3. Hotel Riu Plaza Panama

Hotel Riu Plaza Panama
Bella Vista
United States
Sandrelly
₩186,366
₩205,003 total
includes taxes & fees
Oct 25 - Oct 26
Hotel Riu Plaza Panama
A covered outdoor seating area with a view of a city skyline and water.
A nighttime view of a high-rise building complex with illuminated windows and a prominent red-lit structure.
A restaurant with large windows offering a view of a city skyline and palm trees.
A cityscape with high-rise buildings, a waterfront, and a modern sculpture.

4. Plaza Paitilla Inn Hotel

Plaza Paitilla Inn Hotel
San Francisco
United States
Jennifer
₩146,709
₩146,709 total
includes taxes & fees
Oct 7 - Oct 8
Plaza Paitilla Inn Hotel
A conference room with a large table, chairs, a potted plant, and a curtain backdrop.
A gym with exercise equipment, a treadmill, and a mirrored wall reflecting the interior.
A swimming pool surrounded by lush tropical plants and red lounge chairs.
A hotel entrance with a glass door, a chandelier, and a wall of greenery.

5. Riande Urban Hotel

Riande Urban Hotel
Bella Vista
United States
Abraham
₩123,383
₩135,721 total
includes taxes & fees
Oct 4 - Oct 5
Riande Urban Hotel
A buffet setup with various food items and a large mirror reflecting the space.
A rooftop pool with lounge chairs and a view of the city skyline at dusk.
A spacious living area with a glass dining table, white sofas, and a bar area with stools.
A modern hotel lobby with a curved floor design, a central seating area, and a piano.

6. Hospedium Princess Hotel Panama

Hospedium Princess Hotel Panama
Bella Vista
United States
Gregory
₩64,038
₩70,444 total
includes taxes & fees
Oct 7 - Oct 8
Hospedium Princess Hotel Panama
A spacious lobby with a chandelier, seating area, and a large mirror.
A spacious lobby with a polished floor, a seating area with a sofa and armchairs, a glass coffee table, and a chandelier.
A living room with a beige sofa, a green armchair, and a wooden coffee table.
A hotel room with a bed, a sofa, a desk, and a chair.

7. Hotel Coral Suites

Hotel Coral Suites
Bella Vista
United States
Teresa
₩102,361
₩112,597 total
includes taxes & fees
Oct 11 - Oct 12
Hotel Coral Suites
A cozy indoor seating area with wooden chairs and tables, surrounded by shelves with plants and books.
A cozy café with wooden furniture, potted plants, and exposed pipes.
A modern hotel lobby with a reception desk, a large potted plant, and a minibar.
A restaurant with a long counter, multiple tables, and a decorative fish tank.

8. Viajero Casco Viejo Hostel

Viajero Casco Viejo Hostel
Casco Viejo
Australia
Ashleigh
₩38,903
₩42,793 total
includes taxes & fees
Oct 4 - Oct 5
Viajero Casco Viejo Hostel
A compact, wooden-paneled room with a single bed, a small window, and a curtain.
A kitchen with stainless steel appliances, a tiled floor, and a ceiling with a skylight.
A room with yellow chairs, a green sofa, and a person sitting at a table.
A room with bunk beds and a single bed, tiled floor, and an air conditioning unit.

9. Hostel the pod 33

Hostel the pod 33
Bella Vista
Costa Rica
isaias
₩26,919
₩29,611 total
includes taxes & fees
Oct 16 - Oct 17
Hostel the pod 33
A swimming pool with a tiled edge, surrounded by a fence and potted plants.
A hotel room with three beds, a desk, and a chair.
A hotel corridor with hexagonal patterned flooring, a wooden staircase, an elevator, and a reception area with a counter and informational signs.
A multi-story hotel with a prominent 'HOTEL' sign on the facade.

10. HOTEL SAN THOMAS INN

HOTEL SAN THOMAS INN
Calidonia
United States
Karen Elizabeth
₩40,214
₩44,235 total
includes taxes & fees
Oct 4 - Oct 5
HOTEL SAN THOMAS INN
View all properties

Top Panama City Hotel Reviews

Hotel Riu Plaza Panama

Hotel Riu Plaza Panama

8/10 Good
"My wife and I spend 5 days there and we absolutely loved it the food was amazing the location is superb. There isn’t anything I can think of for the improvements"
Robert 6-night trip
Posted 13 hours ago
Hotel Riu Plaza Panama
Hotel Ojos del Rio

Hotel Ojos del Rio

8/10 Good
"No hot water in the shower."
charles 2-night trip
Posted 2 days ago
Hotel Ojos del Rio
Hospedium Princess Hotel Panama

Hospedium Princess Hotel Panama

10/10 Excellent
"We had a nice clean room, the breakfast buffet was very good and switched up every morning, the pool and pool bar was a great place to hang out at, and the staff was truly amazing"
Robert Hawk 5-night trip
Posted 3 days ago
Hospedium Princess Hotel Panama
Hotel El Panama by Faranda Grand, a member of Radisson Individuals

Hotel El Panama by Faranda Grand, a member of Radisson Individuals

8/10 Good
"Muy bien ubicado.................."
ariel 1-night trip
Posted 4 days ago
Hotel El Panama by Faranda Grand, a member of Radisson Individuals

Frequently asked questions

What is Panama City like for travelers on a budget?
Panama City offers a variety of cheap accommodations and things to do, making it a great getaway spot for budget travelers. In addition to its well-known attractions like 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 accommodation in Panama City?
Based on reviews, Hotel Riu Plaza Panama is a popular hotel for our travelers who want a more economical choice, and features free buffet breakfast and free WiFi. Other options for your budget-friendly stay include Principe Hotel and Suites and The Executive Hotel.
How many budget hotels can I expect to find in Panama City?
Choose a hotel that suits your wallet among 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, 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 80°F, while the coldest months are January and February with an average of 79°F. The rainiest months in Panama City are July, August, June, and November, with each month seeing an average of 15 inches 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 2.5 mi (4 km) from the center in Panama City (PAC-Marcos A. Gelabert Intl.). However, if that doesn't suit your budget, you can look into flights to Balboa (BLB-Panama Pacifico Intl.), which is 6.3 mi (10.1 km) away. Take advantage of metro transit at Iglesia del Carmen Station, Vía Argentina Station, and Santo Tomás Station. If you want to explore the larger area, ride aboard one of the trains from Panama City Passenger Station.

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