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The best cheap hotels in Panama

Check out our pick of great cheap hotels in Panama

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Superb: 9+ Very good: 8+ Good: 7+ Pleasant: 6+
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At Ramada Plaza Panamá - Punta Pacífica you will find a restaurant and a fitness centre. Other facilities offered at the property include meeting facilities, a shared lounge and a tour desk. The property offers free parking. Good location, 5 min walk to multiplaza. 10 min uber from casco viejo. Great value, nice facilities, exceptional breakfast. Clean and comfy

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9.2
Superb
3,032 reviews
Price from
US$140
per night

8.4 km from Estadio Rommel Fernandez, Tocumen Airport Los Corcho Suites is a recently renovated property set in Tapia Número Dos and offers air-conditioned rooms with free WiFi and private parking. There is a private entrance at the apartment for the convenience of those who stay. Boasting family rooms, this property also provides guests with a children's playground. The owner is super-nice and very helpfull in everything :)

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9.3
Superb
117 reviews
Price from
US$77
per night

Ideally located in Panama City, ORHO Hotel Boutique Marbella Panama City offers air-conditioned rooms with free WiFi and free private parking. The property has city views and is 6.7 km from Ancon Hill and 7.9 km from Bridge of the Americas. Guests can make use of a garden. I truly couldn’t have asked for a better experience for the start of my trip in Panama. The room was large, incredibly comfortable, and perfectly quiet - yet the location was great, with plenty of restaurants and everything easily accessible. What really made this place special, though, was the owner. He runs everything with genuine heart and care. He was always around, always helpful, and went above and beyond to make sure I felt welcome and well taken care of. From helpful advice to thoughtful little gestures, it was clear he truly cares about his guests :) And as a lovely bonus, his sweet and friendly dog added so much character and warmth to the place & made it feel even more like a home away from home. I would absolutely recommend this place to anyone. It’s rare to find a combination of comfort, great location, and heartfelt hospitality like this. A huge thank you for such a beautiful stay!

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9.4
Superb
190 reviews
Price from
US$63
per night

Situated in Panama City and with Ancon Hill reachable within 3.5 km, Hotel San Felipe features concierge services, non-smoking rooms, a terrace, free WiFi throughout the property and a restaurant. This 5-star hotel offers room service and a 24-hour front desk. Guests can have a drink at the bar. Big modern rooms in historic building, staff charming and helpful, housekeeping excellent, location amazing, aircon nice and cold, big bed, good quality sheets

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9
Superb
590 reviews
Price from
US$150
per night

Situated within 6.7 km of Ancon Hill and 8.1 km of Bridge of the Americas, Hostal EL Prado features rooms with air conditioning and a private bathroom in Panama City. This recently renovated guest house is located 8.9 km from Rod Carew National Stadium and 9 km from Estadio Rommel Fernandez. Boasting family rooms, this property also provides guests with a sun terrace. I have never experienced such kind helpful staff. Manuel goes above and beyond to help. When we arrived we were having contacting a airline to arrange a ticket refund- he could not have been more helpful and with success. Whilst in Panama we were subject to petty crime and Manuel contacted the Police and came with us to the station to make a statement . We had a bigger room . It was quiet, very clean with a comfortable bed and pillows. The WiFi worked well and the room had air-con. The kitchen was well equipt and we cooked a few meals. The staff will do your laundry on site for $6 a load. Excellent location- lots of shops ( food stores) and restaurants nearby. Via Argentina is a 10-15min walk. All in all we were so pleased that we chose Hostel IBRAIS - we came back for another stay! (Manuel stored our bags and had helped organise a San Blas tour)

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9.1
Superb
371 reviews
Price from
US$49.50
per night

Set in Panama City and with Ancon Hill reachable within 4 km, Hotel La Compañía Casco Antiguo features concierge services, allergy-free rooms, a terrace, free WiFi throughout the property and a restaurant. This 5-star hotel offers a 24-hour front desk and a business centre. The hotel offers an outdoor swimming pool, fitness centre, nightclub and room service. The hotel was beautiful! I loved the bed and the sheets and pillows, very comfortable!

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9.4
Superb
501 reviews
Price from
US$379
per night

Situated in Panama City, 4 km from Ancon Hill, Sofitel Legend Casco Viejo, Panama City features accommodation with an outdoor swimming pool, private parking, a fitness centre and a garden. Featuring a restaurant, the property also has a terrace and a bar. The accommodation offers a 24-hour front desk, airport transfers, room service and free WiFi. Food is exquisite. Facilities are immaculate. Staff is very friendly and willing to helo

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9.5
Exceptional
853 reviews
Price from
US$373.50
per night

Totumas Lodge, a property with a shared lounge, is situated in Panama City, 6.2 km from Estadio Rommel Fernandez, 6.9 km from Rod Carew National Stadium, as well as 11 km from Bridge of the Americas. This guest house features free private parking, a shared kitchen and free WiFi. The guest house has family rooms. The room was large, and the bed was comfortable. There was a closet with hangers and shelves for my clothes and a table with chairs. The air conditioning worked really well. The bathroom was clean and a good size. Laundry machine was convenient. The dining room was perfect for eating my breakfast. Kitchen was fully equipped. The on-site staff was very helpful and friendly. The owner was very personable.

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9.4
Superb
168 reviews
Price from
US$40
per night

Situated in Panama City, 3.6 km from Bridge of the Americas, La Concordia - Boutique Hotel features a terrace and views of the city. This 4-star hotel offers room service, a concierge service and free WiFi. The accommodation features airport transfers, while a bicycle rental service is also available. Breakfast is not provided at this hotel

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9.3
Superb
205 reviews
Price from
US$284.20
per night

Offering a sun terrace and water sports facilities, Taboga Palace SPA Hotel is situated in Taboga. Guests can enjoy the on-site bar. Taboga Palace SPA Hotel offers sun terrace and infinity pool.

Certain units include a seating area where you can relax. All rooms have private balcony and some rooms feature views of the sea. Rooms are equipped with a private bathroom fitted with a shower. For your comfort, you will find bathrobes and slippers. Extraordinary friendly owner, who takes care of absolutly everything.

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9.5
Exceptional
448 reviews
Price from
US$130
per night

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