Cheap Hotels in Panama City, Panama

Book reliable cheap hotels in Panama City, Panama
Check-in
24Feb2026Select date
Check-out
25Feb2026Select date
Rooms and Guests2 Guests, 1 Room
Panama City boasts the Panama Canal, Casco Viejo, and the Amador Causeway with its stunning views. Visit local gems like the Biomuseo and the Multiplaza Pacific Mall for shopping and dining. You can find various accommodations here, from luxury hotels like the American Trade Hotel in Casco Viejo to boutique hotels and party hotels close to the canal. For a budget-friendly stay, check out cheap hotels sprinkled across the city. When booking, plan for dry season from December to April for the best weather, and consider easy public transport options like the Metro.
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1-20 out of 75
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Map3.0 mi from City Centre900 yd from Canal Museum of Panama
FromUS$ 24 /nightSelect
Map1.4 mi from City Centre1700 yd from Coastal Beltway
FromUS$ 84 /nightSelect
Map2.1 mi from City Centre1500 yd from Coastal Beltway
FromUS$ 20 /nightSelect
Map2.1 mi from City Centre1400 yd from Coastal Beltway
FromUS$ 22 /nightSelect
Map1.6 mi from City Centre1200 yd from Coastal Beltway
FromUS$ 25 /nightSelect
Map2.3 mi from City Centre1600 yd from Canal Museum of Panama
FromUS$ 29 /nightSelect
Map1.6 mi from City Centre1100 yd from Coastal Beltway
FromUS$ 27 /nightSelect
Map1300 yd from City Centre1500 yd from Coastal Beltway
FromUS$ 73 /nightSelect
Map3.1 mi from City Centre300 yd from Presidential Palace
FromUS$ 62 /nightSelect
Map3.1 mi from City Centre400 yd from Canal Museum of Panama
FromUS$ 19 /nightSelect
Map1300 yd from City Centre1500 yd from Coastal Beltway
FromUS$ 85 /nightSelect
Map5.6 mi from City Centre1600 yd from Amador Causeway
FromUS$ 79 /nightSelect
Map3.1 mi from City Centre300 yd from Presidential Palace
FromUS$ 129 /nightSelect
Map1.6 mi from City Centre1700 yd from Metropolitan National Park
FromUS$ 84 /nightSelect
Map1500 yd from City Centre1400 yd from Coastal Beltway
FromUS$ 34 /nightSelect
Map400 yd from City Centre500 yd from Fernandez de Cordoba
FromUS$ 12 /nightSelect
8.4
Great
Map1400 yd from City Centre1100 yd from Coastal Beltway
FromUS$ 66 /nightSelect
Map2.3 mi from City Centre1700 yd from Canal Museum of Panama
FromUS$ 38 /nightSelect
Map3.1 mi from City Centre500 yd from Canal Museum of Panama
FromUS$ 20 /nightSelect
5.0
Guest rating
Map1.8 mi from City Centre1200 yd from Coastal Beltway
FromUS$ 26 /nightSelect

Hotel price range in Panama City

Choose from low-cost hotels—options for every traveler and budget.

⬆️ The highest price
US$ 139
⬇️ The lowest price
US$ 10
💸 Average price for
5-star hotels
US$ 33
3-star hotels
US$ 44

Cheap hotels in Panama City

Based on reviews from guests who stayed in the past year

Convenient location near key attractions:
Hotel Marbella
Affordable modern coliving spaces:
Charming atmosphere with cultural flair:
Best Western El Dorado Panama Hotel
Comfortable family-friendly accommodations:
Hotel Parador
Unique boutique experience in the heart of the city:
Hotel Baluarte Boutique Panama
Relaxing tropical vibes and cozy rooms:
Marinn Tropical Vibes Hotel
Modern amenities with a local touch:
Cresta Inn
Great value with essential services:
Hotel Acapulco
Authentic local experience at budget prices:
Hostal Panama Experience

How to reach Panama City

Transport options available

Airports
Tocumen International Airport (PTY)
Albrook "Marcos A. Gelabert" International Airport (PAC)

FAQs about cheap hotels in Panama City

We hope these answers help you plan a smooth and cost-effective trip

Which cheap hotels in Panama City offer the best value for money?
Cresta Inn and Best Western El Dorado Panama Hotel are popular for offering affordable rates that typically range from $50 to $80 USD per night, along with good guest reviews.
Which cheap hotels are closest to popular landmarks in Panama City?
Hotel Terranova is about 1.5 km from the Panama Canal and the Casco Viejo Historic District. Eurohotel is roughly 2 km from the same attractions, making both convenient choices for visitors.
What cheap hotels in Panama City have nice views?
Hotel Marbella offers stunning views of the Panama Bay, while Hotel Montreal provides scenic sights of the city skyline. Both properties are well-rated and reasonably priced.
Which cheap hotels in Panama City are top-rated by guests?
Cresta Inn and Magnolia Inn are frequently mentioned in guest reviews for their excellent service and cleanliness, often receiving ratings above 8.0 out of 10.

Stay Hacks for Panama City

Explore Panama City with these handy tips to enhance your stay. From hotel insights to local secrets, these hacks will help you make the most of your visit.

Fast Fact: Did you know? Over 75% of Panama City's hotels are within walking distance to El Cangrejo's vibrant dining scene - like the Grand International Hotel, known for its prime location.

Local Hack: Ask about local breakfast options at your hotel. Many places serve traditional Panamanian dishes like tamales or hojaldre to introduce you to local cuisine.

Hidden Gem: Check out the Biomuseo, just 12 minutes from the hotel district. This museum showcases Panama's biodiversity with stunning architecture by Frank Gehry, offering an engaging experience beyond typical attractions.

Smart Tip: Booking through local travel agencies often nets you a 20% reduction on hotel rates compared to major online platforms. Look for agencies highlighted in local business directories.

Check-in
24Feb2026Select date
Check-out
25Feb2026Select date
Rooms and Guests2 Guests, 1 Room