A red double-decker bus with 'City Sightseeing Melbourne' branding parked in front of a modern glass building.

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

A multi-level atrium with a central staircase, glass railings, and hanging plants.

1. Great Southern Hotel Melbourne

Great Southern Hotel Melbourne
3.5 star property
Melbourne Central Business District
8.2 out of 10, Very good, (2,503 reviews)
"Great stay close to convention center"
United States
Sabrina
The price is NZ$122
includes taxes & fees
21 Oct - 22 Oct
Great Southern Hotel Melbourne
A grand lobby with a central staircase, a large chandelier, and a reception desk.

2. The Victoria Hotel Melbourne

The Victoria Hotel Melbourne
3.5 star property
Melbourne Central Business District
8.8 out of 10, Excellent, (2,290 reviews)
"Great location and nice hotel."
Australia
Craig
The price is NZ$166
includes taxes & fees
25 Oct - 26 Oct
The Victoria Hotel Melbourne
A modern apartment with a grey sofa, teal armchair, and a small round table with a vase of flowers. A kitchen with white cabinets and a large window offering a city view is visible.

3. Pegasus Apart'Hotel

Pegasus Apart'Hotel
4.0 star property
Melbourne Central Business District
8.8 out of 10, Excellent, (8,642 reviews)
"Great accom for short stay"
Australia
Kate
The price is NZ$142
includes taxes & fees
2 Nov - 3 Nov
Pegasus Apart'Hotel
A swimming pool with a tiled floor, surrounded by walls with a stone-like texture.

4. Atlantis Hotel, Melbourne

Atlantis Hotel, Melbourne
4.0 star property
Melbourne Central Business District
8.8 out of 10, Excellent, (3,272 reviews)
"Cheap breakfast and nice cozy rooms"
Australia
Emma
The price is NZ$155
includes taxes & fees
16 Nov - 17 Nov
Atlantis Hotel, Melbourne
A modern living room with a sofa, a small table with a vase of flowers, and a large window offering a city skyline view.

5. Aura on Flinders Serviced Apartments

Aura on Flinders Serviced Apartments
4.0 star property
Melbourne Central Business District
8.2 out of 10, Very good, (3,582 reviews)
"Great place to stay in Melbourne. Would definitely come back and stay there again"
Australia
Gracia
The price is NZ$160
includes taxes & fees
21 Oct - 22 Oct
Aura on Flinders Serviced Apartments
A modern bar area with a long counter, multiple pendant lights, and a city view through large windows.

6. Holiday Inn Express Melbourne Little Collins by IHG

Holiday Inn Express Melbourne Little Collins by IHG
4.0 star property
Melbourne Central Business District
9.0 out of 10, Wonderful, (1,597 reviews)
"Great location and really enjoyed our stay"
Australia
Donna
The price is NZ$216
includes taxes & fees
25 Oct - 26 Oct
Holiday Inn Express Melbourne Little Collins by IHG
A modern high-rise building with multiple balconies and a view of a busy cityscape at dusk.

7. Brady Apartment Hotel Flinders Street

Brady Apartment Hotel Flinders Street
4.0 star property
Melbourne Central Business District
9.0 out of 10, Wonderful, (826 reviews)
"Great hotel, very clean. Close to Convention Centre and eateries."
Australia
Michael
The price is NZ$180
includes taxes & fees
15 Nov - 16 Nov
Brady Apartment Hotel Flinders Street
A hotel room with two beds, a flat-screen TV, a painting on the wall, and a coffee maker on the counter.

8. ibis budget Melbourne CBD

ibis budget Melbourne CBD
3.0 star property
Melbourne Central Business District
7.2 out of 10, Good, (1,003 reviews)
"Perfect location, good breakfast"
Australia
Paul Thomas Joseph
The price is NZ$119
includes taxes & fees
26 Oct - 27 Oct
ibis budget Melbourne CBD
An outdoor café with tables and chairs, surrounded by buildings with various signs and storefronts.

9. Mercure Melbourne City Centre

Mercure Melbourne City Centre
4.0 star property
Melbourne Central Business District
7.8 out of 10, Good, (1,002 reviews)
"Was happy with the service would stay there again and was close to everything."
Australia
Teresa
The price is NZ$162
includes taxes & fees
25 Oct - 26 Oct
Mercure Melbourne City Centre
A historic building with a classical facade, large windows, and a prominent entrance.

10. Batman’s Hill on Collins

Batman’s Hill on Collins
4.0 star property
Melbourne Central Business District
8.2 out of 10, Very good, (1,003 reviews)
"Location is excellent. Room was quiet and clean. Thoroughly recommend as a place to stay."
Australia
Christine
The price is NZ$169
includes taxes & fees
16 Nov - 17 Nov
Batman’s Hill on Collins
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 Melbourne Central Business District Hotel Reviews

Great Southern Hotel Melbourne

Great Southern Hotel Melbourne

8/10 Good
"Great location. Basic but clean. Outside dingy laundry not great. Customer service good."
N'dine 1-night trip
Posted 11 hours ago
Great Southern Hotel Melbourne

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 Queen Victoria Market, 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 Atlantis Hotel, Melbourne and Hotel Grand Chancellor 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 Melbourne Central and Crown Casino, 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 Athenaeum.
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.