Melbourne CBD Cheap Hotels

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Check availability on Melbourne Central Business District Cheap Hotels

Our top choices for Melbourne Central Business District cheap hotels

Exterior
Great Southern Hotel Melbourne

Great Southern Hotel Melbourne

3.5 star property
Melbourne Central Business District
8.2 out of 10, Very good, (2387)
"Basic hotel for a good price in a great location."
United States
Richard
The price is NZ$115
includes taxes & fees
4 Jan - 5 Jan 2026
Great Southern Hotel Melbourne
Premier King Room
Hotel Grand Chancellor Melbourne

Hotel Grand Chancellor Melbourne

4.0 star property
Melbourne Central Business District
8.6 out of 10, Excellent, (1260)
"Good location, breakfast, reasonable price"
Canada
Hengameh
The price is NZ$127
includes taxes & fees
6 Jan - 7 Jan 2026
Hotel Grand Chancellor Melbourne
Front of property
The Victoria Hotel Melbourne

The Victoria Hotel Melbourne

3.5 star property
Melbourne Central Business District
8.8 out of 10, Excellent, (2207)
"Deffo reccommend the victoria hotel, brilliant hotel, great location, always clean! "
United Kingdom
Emma
The price is NZ$148
includes taxes & fees
14 Dec - 15 Dec
The Victoria Hotel Melbourne
Exterior
ibis Melbourne Central

ibis Melbourne Central

3.5 star property
Melbourne Central Business District
8.8 out of 10, Excellent, (1007)
"Great location!"
Australia
Alice
The price is NZ$130
includes taxes & fees
21 Dec - 22 Dec
ibis Melbourne Central
Meeting facility
Mercure Welcome Melbourne

Mercure Welcome Melbourne

4.0 star property
Melbourne Central Business District
7.8 out of 10, Good, (1006)
"Amazing location, close to Everything!! Beds really comfortable. Would stay there again."
Australia
Simone
The price is NZ$138
includes taxes & fees
4 Jan - 5 Jan 2026
Mercure Welcome Melbourne
Exterior
ibis Styles Kingsgate

ibis Styles Kingsgate

3.0 star property
Melbourne Central Business District
8.0 out of 10, Very good, (1004)
"Clean, quiet, good breakfast, great value stay!"
United States
Clay
The price is NZ$117
includes taxes & fees
4 Jan - 5 Jan 2026
ibis Styles Kingsgate
Exterior detail
ibis budget Melbourne CBD

ibis budget Melbourne CBD

3.0 star property
Melbourne Central Business District
7.2 out of 10, Good, (1003)
"Great area"
Australia
DAVID
The price is NZ$102
includes taxes & fees
4 Jan - 5 Jan 2026
ibis budget Melbourne CBD
Reception
Rendezvous Hotel Melbourne

Rendezvous Hotel Melbourne

4.5 star property
Melbourne Central Business District
8.6 out of 10, Excellent, (1006)
"Staff was friendly Bar was perfect"
Australia
CHIA YEN
The price is NZ$168
includes taxes & fees
23 Dec - 24 Dec
Rendezvous Hotel Melbourne
Local cuisine
ibis Melbourne Hotel and Apartments

ibis Melbourne Hotel and Apartments

3.5 star property
Melbourne Central Business District
8.2 out of 10, Very good, (1001)
"Clean, helpful staff. Easily accessable"
Australia
Rebecca
The price is NZ$124
includes taxes & fees
21 Dec - 22 Dec
ibis Melbourne Hotel and Apartments
Indoor pool, open 6:00 AM to 9:00 PM, pool loungers
Atlantis Hotel, Melbourne

Atlantis Hotel, Melbourne

4.0 star property
Melbourne Central Business District
8.8 out of 10, Excellent, (3054)
"Great staff Indoor pool was great Location was perfect close to all public transport and shops near by "
Australia
Adrian
The price is NZ$154
includes taxes & fees
8 Jan - 9 Jan 2026
Atlantis Hotel, Melbourne
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.
View all properties

Top Melbourne Central Business District Hotel Reviews

Pegasus Apart'Hotel

Pegasus Apart'Hotel

10/10 Excellent
"Great value for money. We had a 2 bedroom and my son a twin studio. Was clean a nd modern, just around the corner from queen vic market. I was worried about parting with our large 4x4, but parking was fine at the hotel. The pool and spa is beautiful. Would def stay here again"
corinne 1-night trip
Posted 1 day ago
Pegasus Apart'Hotel

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Frequently asked questions

What is Melbourne Central Business District like for travellers on a budget?
Melbourne Central Business District has 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 Melbourne Central and Rod Laver Arena, this destination is home to Royal Botanic Gardens and Alexandra Gardens, which you can enjoy while spending very little.
What's the best place to stay on a budget in Melbourne Central Business District?
Based on reviews, The Victoria Hotel Melbourne is a popular hotel for our travellers who want a more economical choice, and features free Wi-Fi and air conditioning. Other good options for your budget-friendly stay include Radisson on Flagstaff Gardens Melbourne and Great Southern Hotel Melbourne.
How many inexpensive hotels will I find in Melbourne Central Business District?
Choose a hotel that suits your wallet from Expedia's 27 budget hotels in Melbourne Central Business District.
What is there to see and do in Melbourne Central Business District?
Melbourne Central Business District attracts visitors with its major shopping area and acclaimed art galleries, and offers plenty to see and do without spending a fortune. You can budget for the popular local attractions that are highest on your list, such as Crown Casino and Melbourne Central, and choose other low-cost activities to fill your itinerary. Enjoy the local natural beauty at Royal Botanic Gardens and Alexandra Gardens, or check out the area's cultural spots like Regent Theatre.
How can I get to Melbourne Central Business District and get around on a budget?
Scoping out the transportation options in Melbourne Central Business District can help keep you on budget. The nearest airport is Melbourne, VIC (MEB-Essendon), 7 mi (11.2 km) away. However, if that doesn't suit your budget, the next closest is 11.8 mi (18.9 km) away: Melbourne Airport (MEL). Local metro stations include Melbourne Central Station and Flagstaff Station.