Cheap Hotels in Panama City from $55

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Top Panama City Cheap Hotels

Principe Hotel and Suites
3.0 star property
9.0 out of 10, Wonderful, (1544)
"A nice hotel with plenty of shopping and restaurants in the area"
United States
Neil
$50 nightly
The price is $55
Nov 14 - Nov 15
Total with taxes and fees
Principe Hotel and Suites
Riande Urban Hotel
3.5 star property
8.8 out of 10, Excellent, (1055)
"The room was very comfortable and clean. Great restaurants and service. I would stay here again "
Canada
Kelli
$76 nightly
The price is $84
Oct 27 - Oct 28
Total with taxes and fees
Riande Urban Hotel
The Executive Hotel
3.5 star property
9.2 out of 10, Wonderful, (1002)
"Hotel is awesome, clean and rooms are wonderful! "
United States
Luis
$84 nightly
The price is $92
Nov 6 - Nov 7
Total with taxes and fees
The Executive Hotel
Ramada Plaza by Wyndham Panama Punta Pacifica
4.0 star property
9.6 out of 10, Exceptional, (1081)
"Good place to stay, convenient and the service was very good "
United States
Jannette
$109 nightly
The price is $120
Nov 3 - Nov 4
Total with taxes and fees
Ramada Plaza by Wyndham Panama Punta Pacifica
Plaza Paitilla Inn Hotel
3.5 star property
9.4 out of 10, Exceptional, (2115)
"great property and staff "
United States
Yunior
$92 nightly
The price is $102
Oct 28 - Oct 29
Total with taxes and fees
Plaza Paitilla Inn Hotel
Hotel Coral Suites
3.5 star property
9.0 out of 10, Wonderful, (1002)
"This place is nice for a overnight stay"
United States
Gwendolyn
$69 nightly
The price is $76
Oct 27 - Oct 28
Total with taxes and fees
Hotel Coral Suites
TRYP by Wyndham Panamá Centro
3.5 star property
9.2 out of 10, Wonderful, (1003)
"Great affordable dining and service "
United States
Sean
$84 nightly
The price is $92
Nov 5 - Nov 6
Total with taxes and fees
TRYP by Wyndham Panamá Centro
The Santa Maria, A Luxury Collection Hotel & Golf Resort, Panama City
5.0 star property
9.6 out of 10, Exceptional, (620)
"The staff were fantastic. The service was great. "
United States
SANDRO
$206 nightly
The price is $226
Nov 23 - Nov 24
Total with taxes and fees
The Santa Maria, A Luxury Collection Hotel & Golf Resort, Panama City
Bristol Panama, a Registry Collection Hotel
5.0 star property
9.2 out of 10, Wonderful, (1012)
"great stay when in PTY"
United States
Fernando
$195 nightly
The price is $215
Nov 26 - Nov 27
Total with taxes and fees
Bristol Panama, a Registry Collection Hotel
Sheraton Grand Panama
4.0 star property
8.6 out of 10, Excellent, (968)
"Centrally located and friendly staff "
United States
Julio
$134 nightly
The price is $148
Nov 3 - Nov 4
Total with taxes and fees
Sheraton Grand Panama
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 Panama City

Discover cheap things to do in Panama City

Panama City is a vibrant mix of history, culture, and stunning modernity, all accessible on a budget. Start your adventure at the historic Casco Viejo, where cobblestone streets lead you to charming cafes and boutiques; the area is also home to the beautiful Plaza de Francia, offering a scenic spot for families to relax. Don't miss the Panama Canal, where you can visit the Miraflores Visitor Center to watch ships transit and learn about the canal's history—entry is affordable and educational for kids. For a taste of local life, head to the Mercado de Mariscos, where you can sample fresh ceviche at incredibly low prices. The Amador Causeway is perfect for biking or strolling, with stunning views of the skyline and the Pacific Ocean, and there are budget-friendly kiosks offering snacks. Consider staying in the El Cangrejo neighborhood; it’s lined with affordable hotels and bustling with street vendors and local culture, making it easy to explore nearby attractions without breaking the bank. With attentive service and a welcoming atmosphere, you’ll feel well taken care of while enjoying the best of Panama City.

Find the best cheap hotels in Panama City

Travelers looking for budget-friendly accommodations in Panama City will find these hotels offering comfort and essential amenities at great prices. Each option ensures a pleasant stay without breaking the bank.

Best Western El Dorado Panama Hotel

  • Why it's great for a budget-friendly vacation: Best Western El Dorado Panama Hotel caters to travelers on a budget without compromising on quality, a review rating of 9.0. Guests will enjoy a complimentary buffet breakfast on weekends, Wi-Fi, and 24-hour airport shuttle service, making it a practical choice for those seeking comfort and value in Bethania. The outdoor pool and fitness facilities also offer excellent options for relaxation and rejuvenation.
  • Other amenities: Additional features include free toiletries, self-parking, and a range of dining options, including a poolside restaurant. The hotel also provides early check-in and late check-out options, ensuring flexibility for guests. With nearby shopping and attractions, this hotel is well-situated for travelers looking to explore the vibrant surroundings.
  • Neighborhood: Bethania
  • Nearby attractions: Crown Casino - 2.53 miles, El Dorado Mall - 0.3 miles, Iglesia del Carmen - 2.31 miles

Principe Hotel and Suites

  • Why it's great for a budget-friendly vacation: Principe Hotel and Suites is an excellent choice for budget-conscious travelers seeking comfort and convenience in Bella Vista. With a robust review rating of 9.0, guests will appreciate amenities such as free toiletries, Wi-Fi, and 24-hour airport shuttle service, ensuring a straightforward stay. The outdoor pool and terrace provide relaxing spaces to unwind after a day of exploring the city.
  • Other amenities: In addition to its budget amenities, the hotel features self-parking options, a kitchenette in select rooms, and daily housekeeping for added convenience. Guests can also take advantage of room service, air conditioning for comfort, and sun loungers by the pool, creating a welcoming place for all visitors.
  • Neighborhood: Bella Vista
  • Nearby attractions: Uruguay Street - 1.01 miles, Crown Casino - 0.9 miles, Via Espana - 0.54 miles

Magnolia Inn

  • Why it's great for a budget-friendly vacation: Magnolia Inn is an affordable option located in the historic Casco Viejo district, perfect for budget-conscious travelers. With a review rating of 9.0, guests can expect essential amenities such as free toiletries, Wi-Fi, and a 24-hour airport shuttle service. The shared kitchen facilities and common areas provide a welcoming atmosphere, ideal for meeting fellow travelers.
  • Other amenities: Beyond the basics, Magnolia Inn features a terrace for relaxing moments, shared refrigerators, and a coffee/tea maker in rooms. Daily housekeeping ensures a tidy stay, while the inn's nearby historical sites and vibrant local culture makes it an excellent choice for those looking to explore Panama City on a budget.
  • Neighborhood: Casco Viejo
  • Nearby attractions: Avenida Balboa - 0.5 miles, Metropolitan Cathedral of Panama - 0.57 miles, National Theater - 0.56 miles

How can I get cheap hotels in Panama City?

Best tips to find a cheap hotel in Panama City

  1. If you're looking to travel to Panama City on a budget, you'll be happy to know that you can find hotels for as low as $55. Of course, that price is affected by amenities, star rating, and even the time of year you visit. At most, hotel prices can be as high as $226. Staying a short amount of time in Panama City is an effective way to reduce hotel costs.

  2. When you cut your vacation down to just a few days, you don't have to worry as much about hotel prices since you don't have that many nights to stay. For budget hotels in Panama City, 3 to 4 days should be all the nights you need. That's generally enough to enjoy the city's top attractions, though there's certainly enough to do to warrant a week-long trip.

  3. When booking cheap hotel rooms in Panama City, it's typically best to book about 3 weeks in advance. Book further in advance than that and you could be paying too much for your room, as hotels will often overestimate future demand. However, if you wait too long, you might find that the hotel has been completely booked.

  4. When you utilize search filters on Expedia, you'll be able to narrow down your results in a flash. These search filters cover a wide variety of factors you may be interested in when it comes to finding a cheap hotel in Panama City, including amenities such as Free Breakfast, 2-star rating, or proximity to local attractions. You can even set filters for price limits to ensure that all the displayed results are within your budget.

Top Panama City Hotel Reviews

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 The Executive Hotel and Plaza Paitilla Inn Hotel.
How many budget hotels can I expect to find in Panama City?
Choose a hotel that suits your wallet among Expedia's 32 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, and Santo Tomas Station. If you want to explore the larger area, ride aboard one of the trains from Panama City Passenger Station.

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