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

Melbourne CBD Cheap Hotels

  • Change your mind

    Book hotels with free cancellation

  • Treat yourself

    Sign in to save 10% or more on thousands of hotels
    Sign in

  • Be picky

    Search almost a million properties worldwide

Check availability on Melbourne Central Business District Cheap Hotels

Our top choices for Melbourne Central Business District cheap hotels

A swimming pool with a tiled floor, surrounded by walls with a stone-like texture.

1. Atlantis Hotel, Melbourne

Atlantis Hotel, Melbourne
4.0 star property
Melbourne Central Business District
8.8 out of 10, Excellent, (3,266 reviews)
"Loved the hotel, location was perfect"
Australia
Luc Jean-Paul
The price is NZ$148
includes taxes & fees
8 Nov - 9 Nov
Atlantis 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, (2,278 reviews)
"Clean room, great Breakfast, good bar Friendly staff, and a great location. We enjoyed our stay."
Australia
Boyd Alexander
The price is NZ$190
includes taxes & fees
18 Oct - 19 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, (8,638 reviews)
"Good location and services"
Australia
Wing ting
The price is NZ$167
includes taxes & fees
9 Nov - 10 Nov
Pegasus Apart'Hotel
A multi-level atrium with a central staircase, glass railings, and hanging plants.

4. Great Southern Hotel Melbourne

Great Southern Hotel Melbourne
3.5 star property
Melbourne Central Business District
8.2 out of 10, Very good, (2,499 reviews)
"Great stay close to convention center"
United States
Sabrina
The price is NZ$113
includes taxes & fees
19 Oct - 20 Oct
Great Southern Hotel Melbourne
A hotel room with two beds, a flat-screen TV, a painting on the wall, and a coffee maker on the counter.

5. ibis budget Melbourne CBD

ibis budget Melbourne CBD
3.0 star property
Melbourne Central Business District
7.2 out of 10, Good, (1,005 reviews)
"Perfect location, good breakfast"
Australia
Paul Thomas Joseph
The price is NZ$120
includes taxes & fees
18 Oct - 19 Oct
ibis budget Melbourne CBD
A modern living room with a sofa, a small table with a vase of flowers, and a large window offering a city skyline view.

6. 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, (3,577 reviews)
"The attendant at the check-in desk was super lovely and our room was amazing would stay again"
Australia
Tara
The price is NZ$162
includes taxes & fees
20 Oct - 21 Oct
Aura on Flinders Serviced Apartments
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, (824 reviews)
"Great hotel, very clean. Close to Convention Centre and eateries."
Australia
Michael
The price is NZ$184
includes taxes & fees
1 Nov - 2 Nov
Brady Apartment Hotel Flinders Street
The entrance to the Hotel Grand Chancellor with a public parking sign.

8. Hotel Grand Chancellor Melbourne

Hotel Grand Chancellor Melbourne
4.0 star property
Melbourne Central Business District
8.8 out of 10, Excellent, (1,442 reviews)
"Friendly staff, hugh rooms, great breakfast."
Australia
Richard
The price is NZ$174
includes taxes & fees
19 Oct - 20 Oct
Hotel Grand Chancellor Melbourne
A modern bar area with a long counter, multiple pendant lights, and a city view through large windows.

9. 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, (1,606 reviews)
"Great location and really enjoyed our stay"
Australia
Donna
The price is NZ$240
includes taxes & fees
1 Nov - 2 Nov
Holiday Inn Express Melbourne Little Collins by IHG
A spacious lobby with a marble floor, a staircase with glass railings, and large windows offering views of the outside.

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, (1,004 reviews)
"Good value, convenient and comfortable accommodation near city centre and transport. Quiet, comfortable room and bed, good breakfast and location."
Australia
Julie
The price is NZ$177
includes taxes & fees
18 Oct - 19 Oct
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.
View all properties

Top Melbourne Central Business District Hotel Reviews

The Victoria Hotel Melbourne

The Victoria Hotel Melbourne

10/10 Excellent
"clean room, storage for luggage before check in. excellent customer service."
DAWN 5-night trip
Posted 6 hours ago
The Victoria 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.