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Top Budget Hotels in Panama City

Principe Hotel and Suites
Front of property – evening/night
Principe Hotel and Suites
3.0 star property
9.0 out of 10, Wonderful, (1510)
"Great place to stay"
The price is S$71
includes taxes & fees
24 Oct - 25 Oct
Principe Hotel and Suites
Riande Urban Hotel
2 bars/lounges, gastropub
Riande Urban Hotel
3.5 star property
8.8 out of 10, Excellent, (1051)
"We enjoyed our stay as always."
The price is S$104
includes taxes & fees
14 Oct - 15 Oct
Riande Urban Hotel
The Executive Hotel
Lobby
The Executive Hotel
3.5 star property
9.2 out of 10, Wonderful, (1011)
"Hotel is awesome, clean and rooms are wonderful! "
The Executive Hotel
Ramada Plaza by Wyndham Panama Punta Pacifica
Outdoor pool, pool umbrellas, pool loungers
Ramada Plaza by Wyndham Panama Punta Pacifica
4.0 star property
9.6 out of 10, Exceptional, (1069)
"Family-friendly hotel, tasty breakfast options daily and overall friendly staff and clean space."
Ramada Plaza by Wyndham Panama Punta Pacifica
Plaza Paitilla Inn Hotel
View from property
Plaza Paitilla Inn Hotel
3.5 star property
9.4 out of 10, Exceptional, (2122)
"Stayed 4 nights excellent property and views from the room"
The price is S$215
includes taxes & fees
14 Oct - 15 Oct
Plaza Paitilla Inn Hotel
Hotel Coral Suites
Reception
Hotel Coral Suites
3.5 star property
9.0 out of 10, Wonderful, (1005)
"Great location with spacious rooms "
The price is S$99
includes taxes & fees
14 Oct - 15 Oct
Hotel Coral Suites
TRYP by Wyndham Panamá Centro
Exterior
TRYP by Wyndham Panamá Centro
3.5 star property
9.0 out of 10, Wonderful, (1014)
"Staff was very friendly and breakfast option were wide"
The price is S$116
includes taxes & fees
14 Oct - 15 Oct
TRYP by Wyndham Panamá Centro
The Santa Maria, A Luxury Collection Hotel & Golf Resort, Panama City
Premium bedding, minibar, in-room safe, desk
The Santa Maria, A Luxury Collection Hotel & Golf Resort, Panama City
5.0 star property
9.6 out of 10, Exceptional, (616)
"Amazing property with top service professionals in all departments across the resort. Enjoyed every single moment of my stay. Recommended to anyone traveling to Panama & wants a bit of luxury with a hint of hospitality."
The price is S$309
includes taxes & fees
9 Nov - 10 Nov
The Santa Maria, A Luxury Collection Hotel & Golf Resort, Panama City
Bristol Panama, a Registry Collection Hotel
Couples treatment room(s), sauna, steam room, body treatments
Bristol Panama, a Registry Collection Hotel
5.0 star property
9.2 out of 10, Wonderful, (1007)
"We had an amazing time, great hotel and great breakfast. "
The price is S$267
includes taxes & fees
23 Oct - 24 Oct
Bristol Panama, a Registry Collection Hotel
Sheraton Grand Panama
Terrace/patio
Sheraton Grand Panama
4.0 star property
8.6 out of 10, Excellent, (964)
"Relaxing but close by to everything "
The price is S$181
includes taxes & fees
1 Nov - 2 Nov
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.
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Find out more about Panama City

Discover cheap things to do in Panama City

For budget-conscious travellers exploring Panama City, the vibrant Casco Viejo is a must-visit. This historic district, a UNESCO World Heritage site, features colourful historic architecture and charming cobblestone streets, perfect for leisurely strolls without spending a dime. Enjoy the local atmosphere at the bustling Plaza Francia, where you can often catch free music performances or local art displays. The Cinta Costera, a scenic waterfront promenade, offers stunning views of the skyline and the Pacific Ocean, making it an ideal spot for a relaxing walk or a family picnic. Don't miss the impressive Panama Canal Museum, which has a small entrance fee and provides fascinating insights into this engineering marvel. For affordable dining, head to Mercado de Mariscos, where you can sample fresh ceviche at reasonable prices while enjoying the lively market atmosphere. When it comes to accommodation, consider staying in the El Cangrejo neighbourhood, known for its budget-friendly hotels and hostels. This area is home to a variety of eateries and shops, ensuring you’re never far from the action while keeping your expenses in check.

Magnolia Inn

  • Why it's great for a budget-friendly vacation: Magnolia Inn provides an excellent budget option with a review rating of 9.0, situated in the historical district of Casco Viejo. Offering free Wi-Fi and toiletries, the inn ensures guests have the essentials they need for a comfortable stay. The 24-hour airport shuttle service adds convenience for travellers arriving or departing at all hours.
  • Other amenities: Guests can enjoy a shared kitchen equipped with cookware and dishware, perfect for preparing meals during their stay. The inn also features a terrace for relaxation and shared refrigerator facilities. With daily housekeeping and a travel crib available, it's a welcoming space for all types of travellers.
  • Neighborhood: Casco Viejo
  • Nearby attractions: Avenida Balboa - 0.8 km, Metropolitan Cathedral of Panama - 0.9 km, National Theater - 0.9 km

Magnolia Inn

  • Why it's great for a budget-friendly vacation: The Magnolia Inn in Casco Viejo is an affordable gem, with a review rating of 9.0. With budget-friendly amenities such as free Wi-Fi and toiletries, travelers can enjoy a comfortable and convenient stay right in the historical district of Panama City.
  • Other amenities: The inn offers a communal kitchen, shared refrigerator, and microwave, perfect for those who wish to prepare their own meals. Guests can relax on the terrace or take advantage of the 24-hour airport shuttle service for effortless travel. Daily housekeeping ensures a clean and comfortable environment, while the hotel’s location provides easy access to local attractions.
  • Neighborhood: Casco Viejo
  • Nearby attractions: Avenida Balboa - 0.8 km, National Theater - 0.9 km, Metropolitan Cathedral of Panama - 0.9 km

Top Panama City Hotel Reviews

JW Marriott Panama

JW Marriott Panama

10/10 Excellent
"The experience was very beautiful from the room to the views at the pool. Customer service excellent and respectful and courteous. They made my birthday wonderful."
Reginald 4-night trip
Posted 7 days ago
JW Marriott Panama

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Frequently asked questions

What is Panama City like for travellers on a budget?
Panama City offers a variety of cheap accommodation options and places to visit, making it a great holiday choice for budget-conscious travellers. In addition to its well-known attractions such as 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 hotel in Panama City?
Based on reviews, Hotel Riu Plaza Panama is a popular hotel for our travellers who want a more economical choice, and features free buffet breakfast and free Wi-Fi. Other choices for your budget-friendly stay include The Executive Hotel and Plaza Paitilla Inn Hotel.
How many low-cost hotels can I expect to find in Panama City?
Choose a hotel that suits your wallet from Expedia's 31 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, but bear 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 temperature of 27°C, while the coldest months are January and February, with an average of 26°C. The rainiest months in Panama City are July, August, June and November, with each month seeing an average of 369 mm 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 Panama City (PAC-Marcos A. Gelabert Intl.), situated 2.5 mi (4 km) away. However, if that doesn't suit your budget, you can arrange flights in and out of Balboa (BLB-Panama Pacifico Intl.), which is 6.3 mi (10.1 km) away. Take advantage of metro transport at Iglesia del Carmen Station, Vía Argentina and Santo Tomas Station. If you want to venture outside the area, hop on a train at Panama City Passenger Station.