A volcano with a lake in the valley and a forested mountain range.

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Check availability on Monterrey Budget Hotels

Our top choices for Monterrey cheap hotels

A lush, tropical garden with a hot spring area, stone seating, and a variety of plants.

1. Hotel Los Lagos Spa & Resort

Hotel Los Lagos Spa & Resort
3.5 star property
La Fortuna
9.6 out of 10, Exceptional, (1,658 reviews)
"We love the hotel we love the convenience of having the Hot Springs close by and the breakfast was really great"
United States
Donna
The price is S$202
includes taxes & fees
2 Dec - 3 Dec
Hotel Los Lagos Spa & Resort
A modern interior with large windows, a wooden ceiling, and a variety of seating arrangements.

2. Viajero La Fortuna Hostel

Viajero La Fortuna Hostel
2.0 star property
La Fortuna
9.4 out of 10, Exceptional, (38 reviews)
"This was my favorite hostel out of all the hostels I stayed in in Costa Rica. The blending of beautiful scenery with a bar overlooking the river and the hamburgers were amazing and so are the night walks!!"
United States
Rachel
The price is S$62
includes taxes & fees
19 Nov - 20 Nov
Viajero La Fortuna Hostel
A modern outdoor pool area with a wooden deck, glass doors leading to a seating area, and a lush green backdrop.

3. Noah's Hideaway by Tifakara

Noah's Hideaway by Tifakara
4.5 star property
La Fortuna
10.0 out of 10, Exceptional, (9 reviews)
"Probably the best vacation we have ever had largely because of this location, quality of the room, and the exceptional service. Restaurant was amazing."
United States
Kenneth
Noah's Hideaway by Tifakara
A well-lit outdoor area with a pool, hammocks, and seating areas surrounded by palm trees.

4. Poshtel Arenal

Poshtel Arenal
2.0 star property
La Fortuna
8.4 out of 10, Very good, (232 reviews)
"Comfortable room, convenient location, reasonable price "
United States
David
The price is S$84
includes taxes & fees
20 Nov - 21 Nov
Poshtel Arenal
A reception area with a reception desk, a TV screen, and a hammock.

5. Río Danta Hostel

Río Danta Hostel
1.0 star property
La Fortuna
10.0 out of 10, Exceptional, (4 reviews)
"Very nice hostel for a very reasonable price. I would recommend this hostel for other travelers"
United States
Reyes
The price is S$56
includes taxes & fees
20 Nov - 21 Nov
Río Danta Hostel
A swimming pool with a wooden deck and lounge chairs, surrounded by greenery and mountains.

6. Luisito steak house & hotel

Luisito steak house & hotel
3.0 star property
La Fortuna
9.8 out of 10, Exceptional, (7 reviews)
"Awesome staff, really welcoming"
United Kingdom
Lukas
Luisito steak house & hotel
A swimming pool with a tiled deck area, a bar, and outdoor seating.

7. Arenal Backpackers Resort

Arenal Backpackers Resort
2.0 star property
La Fortuna
7.4 out of 10, Good, (11 reviews)
"Convenient location"
Canada
angie
Arenal Backpackers Resort
Two lounge chairs facing a pool with a view of a lake and hills.

8. Essence Arenal Spa & Yoga

Essence Arenal Spa & Yoga
3.0 star property
Peñas Blancas
8.8 out of 10, Excellent, (52 reviews)
"Friendly staff, great view, many fun and educational activities, food is delicious and healthy."
United States
Yang
The price is S$115
includes taxes & fees
16 Nov - 17 Nov
Essence Arenal Spa & Yoga
A neatly made bed with a pink quilt, wooden headboard, and two bedside lamps.

9. Pura Vida Aparment - Downtown La Fortuna

Pura Vida Aparment - Downtown La Fortuna
3.0 star property
La Fortuna
10.0 out of 10, Exceptional, (2 reviews)
"gott everythig you eed for a comfortable stay. oly missig a hamak or a comfy chair and table outside"
United States
Carlos
The price is S$60
includes taxes & fees
16 Nov - 17 Nov
Pura Vida Aparment - Downtown La Fortuna
A multi-story building with a staircase leading to the upper floor.

10. Scala Inn

Scala Inn
2.0 star property
Cutris
9.8 out of 10, Exceptional, (8 reviews)
"This place is great . Small private and cozy Exceptional "
United States
Rafael
Scala Inn
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 Monterrey Hotel Reviews

Lost Iguana Resort and Spa

Lost Iguana Resort and Spa

10/10 Excellent
"Amazing place nestled right in the jungle. Felt very nature-immersed. Swim up bar is awesome, and a heated pool! Restaurant food was solid. Staff were very nice and knowledgeable. Again, can’t beat the nature."
Brad 2-night trip
Posted 22 hours ago
Lost Iguana Resort and Spa

Frequently asked questions

What is Monterrey like for travellers on a budget?
Check out cheap places to stay in Monterrey on Expedia.com and plan a trip that matches your budget. Monterrey is a destination that travellers visit for its fantastic dining options and relaxing spas. You can scroll through a wide selection of hotels and other types of accommodation with Member Prices to find great deals and earn rewards. With our site's handy page filters, you can limit results by price per night, or by top amenities like free parking and free WiFi. If you're interested in affordable options near specific attractions, try filtering by location to refine your search. As you browse, click the heart button to save your favourites so that it's easy to find them when you're ready to decide. Need a flight or a rental car along with your hotel? Take a look at the Bundle and Save travel packages and discover big savings when you reserve your transport at the same time.
When is the best time for a budget trip to Monterrey?
Weather will likely play an important role when you plan your trip to Monterrey, but bear in mind that cheaper options are usually available when the weather isn't as good. The hottest months are usually April and May, with an average temperature of 25°C, while the coldest months are January and February, with an average of 23°C. The rainiest months in Monterrey are July, October, June and November, with each month seeing an average of 399 mm of rainfall.
What is there to see and do in Monterrey?
Monterrey draws tourists with its fantastic dining options and volcano, 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 Arenal Volcano National Park, and then look for sights and activities that cost little or nothing at all. Enjoy the outdoors at Termales Los Laureles and Ecotermales Fortuna, or check out the area's cultural spots like Camara de Ganaderos de San Carlos.
How can I get to Monterrey and get around on a budget?
Scoping out the transportation options in Monterrey is a smart way to keep your trip affordable. The most convenient airport is 6.5 mi (10.4 km) away from the centre in La Fortuna (FON-Arenal). Monterrey might not have many public transport choices so renting a car could be an economical alternative to see more of the area.