Find Cheap Hotels in Faro

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Check availability on Faro Cheap Hotels

Our top choices for Faro cheap hotels

3HB Faro

3HB Faro
5.0 star property
Faro City Centre
10.0 out of 10, Exceptional, (606)
"Friendly staff, excellent breakfast, wonderful pool area- where we had lunch! Highly recommend!"
United States
Janice
The price is ₩315,905
₩338,312 total
includes taxes & fees
Jan 4 - Jan 5, 2026
3HB Faro

Hotel Aeromar

Hotel Aeromar
3.0 star property
Praia de Faro
8.0 out of 10, Very Good, (382)
"A lovely hotel right on the beach front, five minutes from the airport..lovely staff, lovely room."
United Kingdom
Amanda
The price is ₩116,854
₩127,336 total
includes taxes & fees
Dec 29 - Dec 30
Hotel Aeromar

ibis Faro Algarve

ibis Faro Algarve
2.0 star property
São Pedro
8.2 out of 10, Very Good, (802)
"Great breakfast friendly helpful staff pool was actually warmish in November so all good"
United Kingdom
Darren
The price is ₩95,725
₩104,938 total
includes taxes & fees
Jan 10 - Jan 11, 2026
ibis Faro Algarve

Best Western Hotel Dom Bernardo

Best Western Hotel Dom Bernardo
3.0 star property
Faro City Centre
8.2 out of 10, Very Good, (983)
"Everything was clean and the staff so helpful "
United Kingdom
Wellington
The price is ₩117,828
₩128,376 total
includes taxes & fees
Dec 17 - Dec 18
Best Western Hotel Dom Bernardo

Occidental Faro

Occidental Faro
4.0 star property
Faro City Centre
8.6 out of 10, Excellent, (1002)
"Fantastic hotel, breakfast was great, best place to stay in Faro"
United Kingdom
Adam
The price is ₩168,049
₩181,584 total
includes taxes & fees
Dec 21 - Dec 22
Occidental Faro

Faro Boutique Hotel

Faro Boutique Hotel
3.0 star property
Faro City Centre
8.4 out of 10, Very Good, (641)
"Lovely staff, rooms clean, great shower!"
United Kingdom
Claire
The price is ₩83,513
₩91,976 total
includes taxes & fees
Jan 14 - Jan 15, 2026
Faro Boutique Hotel

À da Avó - The Guesthouse

À da Avó - The Guesthouse
3.0 star property
São Pedro
9.0 out of 10, Wonderful, (118)
"Great stay!"
United Kingdom
Alaw
The price is ₩112,018
₩122,209 total
includes taxes & fees
Dec 19 - Dec 20
À da Avó - The Guesthouse

Pousada Palácio de Estói - Small Luxury Hotels

Pousada Palácio de Estói - Small Luxury Hotels
5.0 star property
Faro
9.2 out of 10, Wonderful, (762)
"Excellent property off the beaten path - great for a close option near the airport. Really cool museum meets modern hotel vibe. Pool is really relaxing and you can enjoy a drink/quick bite. There is a restaurant within the palace that has cute little cats running around. Super unique spot!"
United States
Paige
The price is ₩194,750
₩209,913 total
includes taxes & fees
Dec 17 - Dec 18
Pousada Palácio de Estói - Small Luxury Hotels

Hotel Mónaco

Hotel Mónaco
4.0 star property
Faro
8.0 out of 10, Very Good, (689)
"Great place to stay"
Canada
nicholas
The price is ₩139,226
₩151,032 total
includes taxes & fees
Dec 23 - Dec 24
Hotel Mónaco

Luxury Guest House Opus One

Luxury Guest House Opus One
4.0 star property
Faro City Centre
9.0 out of 10, Wonderful, (196)
"Lovely stay - perfect location for city stay & lovely host "
United Kingdom
Elisabeth
The price is ₩267,075
₩286,569 total
includes taxes & fees
Dec 17 - Dec 18
Luxury Guest House Opus One
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.

Top Faro Hotel Reviews

Frequently asked questions

What is Faro like for travelers on a budget?
Faro has cheap accommodation options and a range of things to see and do, making it a great getaway spot for budget travelers. You can find ways to save money while getting to know this destination, which is home to attractions like A Companhia de Teatro do Algarve, Faro Marina, and Old Town Square.
What's the best budget-friendly accommodation in Faro?
Based on our traveler reviews, Hostel Casa d'Alagoa is a top choice for a less expensive stay. Other options for your budget-friendly stay include Hostellicious and Tilia Hostel.
How many low cost hotels should I expect to find in Faro?
Expedia has 12 hotels in Faro that are ideal if you are watching your pennies.
When is the best time for a budget trip to Faro?
Weather will likely play an important role when you plan your trip to Faro, and keep in mind that cheaper options are usually available when the weather isn't as good. The hottest months are usually August and July with an average temp of 74°F, while the coldest months are January and February with an average of 57°F. Average annual precipitation for Faro is 18 inches.
What is there to see and do in Faro?
Faro attracts visitors with its historic landmarks and major shopping area, and offers plenty to see and do without spending a fortune. You can budget for the popular local attractions that are highest on your list, such as Falesia Beach and Albufeira Old Town Square, and choose other low-cost activities to fill your itinerary. If you're looking to enjoy the area's natural beauty, you can get outdoors at Faro Island Beach, Ilha da Barreta Beach, or Ria Formosa Natural Park.
How can I get to Faro and get around on a budget?
Scoping out the transportation options in Faro can help keep you on budget. The nearest airport is Faro Intl. Airport (FAO), situated 2.1 mi (3.3 km) away. If you want to venture outside of the area, ride aboard one of the trains from Faro Station. You can learn about your options for water transportation at the marina.