A coastal cityscape with high-rise buildings, a marina, and a clear blue sky.

Cheap Hotels & Resorts in Panama City from NZ$116

  • 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 Panama City Cheap Hotels

Tonight
13 Oct - 14 Oct
Tomorrow
14 Oct - 15 Oct
This weekend
16 Oct - 18 Oct
Next weekend
23 Oct - 25 Oct

Our top choices for Panama City cheap hotels

A hotel named PRINCIPE with a modern facade and large glass windows.
A swimming pool with lounge chairs and a table.
A hotel reception area with a modern design, featuring a reception desk, white chairs, and a visible fire feature.
A hotel lobby with a reception desk, seating area, and a visible sign for 'PRINCIPES HOTEL & SQUITES'.

1. Principe Hotel and Suites

Principe Hotel and Suites
Bella Vista
United States
Willis
NZ$116
includes taxes & fees
18 Oct - 19 Oct
Principe Hotel and Suites
A modern lobby with a chandelier, seating area, reception desk, and a staircase.
A modern hotel lobby with a marble reception desk, comfortable seating, a large painting, and a large plant.
A hotel dining area with wicker chairs, a bar counter, and pendant lighting.
A dining area with a glass table, wicker chairs, a plate of fruit, and a cocktail glass.

2. The Executive Hotel

The Executive Hotel
Bella Vista
United States
Sandra
NZ$156
includes taxes & fees
4 Nov - 5 Nov
The Executive Hotel
A conference room with a large table, chairs, a potted plant, and a curtain backdrop.
A restaurant with a view of a pool and palm trees, featuring wooden furniture and a modern interior design.
A buffet setup with various food items, a dining area with tables and chairs, and a view of the outdoors through large windows.
A hotel room with a large bed, a bedside table with a phone and a digital clock, and a wall-mounted air conditioning unit.

3. Riande Urban Hotel

Riande Urban Hotel
Bella Vista
Canada
Gary
NZ$157
includes taxes & fees
15 Oct - 16 Oct
Riande Urban Hotel
A rooftop pool with sun loungers and umbrellas, surrounded by palm trees and modern buildings.
A hotel room with a bed, a TV, a desk, and a view of the cityscape through a window.
A modern living room with a sofa set, a coffee table, and a dining area with chairs and a table.
A spacious lobby with a central seating area, a chandelier, and a modern ceiling design.

4. Hotel Riu Plaza Panama

Hotel Riu Plaza Panama
Bella Vista
United States
Yullando Abbigale
NZ$259
includes taxes & fees
28 Oct - 29 Oct
Hotel Riu Plaza Panama
A buffet setup with various food items and a large mirror reflecting the space.
A rooftop pool with lounge chairs and a view of the city skyline at dusk.
A modern building with a prominent vertical structure and a casino sign.
A spacious living area with a glass dining table, white sofas, and a bar area with stools.

5. Hospedium Princess Hotel Panama

Hospedium Princess Hotel Panama
Bella Vista
United States
Gregory
NZ$93
includes taxes & fees
27 Oct - 28 Oct
Hospedium Princess Hotel Panama
A cozy indoor seating area with wooden chairs and tables, surrounded by shelves with plants and books.
A modern hotel lobby with a reception desk, a large potted plant, and a minibar.
A rooftop terrace with a pool, seating areas, and a view of a city skyline and waterfront.
A restaurant with a long counter, multiple tables, and a decorative fish tank.

6. Viajero Casco Viejo Hostel

Viajero Casco Viejo Hostel
Casco Viejo
Australia
Ashleigh
NZ$55
includes taxes & fees
9 Nov - 10 Nov
Viajero Casco Viejo Hostel
A covered outdoor seating area with a view of a city skyline and water.
A nighttime view of a high-rise building complex with illuminated windows and a prominent red-lit structure.
A restaurant with large windows offering a view of a city skyline and palm trees.
A hotel room with two beds, a desk, and a large window offering a city view.

7. Plaza Paitilla Inn Hotel

Plaza Paitilla Inn Hotel
San Francisco
United States
Milton
NZ$250
includes taxes & fees
26 Oct - 27 Oct
Plaza Paitilla Inn Hotel
A spacious lobby with a chandelier, seating area, and a large mirror.
A living room with a beige sofa, a green armchair, and a wooden coffee table.
A rooftop pool area with lounge chairs, a large umbrella, and a city view.
A hotel room with a bed, a sofa, a desk, and a chair.

8. Hotel Coral Suites

Hotel Coral Suites
Bella Vista
NZ$148
includes taxes & fees
15 Oct - 16 Oct
Hotel Coral Suites
A hotel room with two single beds, a small table with a chair, a TV mounted on the wall, and a marble-patterned headboard.
A two-story building with a sign reading "HOTEL EXPRESS INN".
A rectangular swimming pool with blue tiles and a brick border.
A modern interior with a staircase, a seating area with a bench and tables, and a counter with a sign reading "NISATO".

9. Express Inn Panama International Airport Hostel

Express Inn Panama International Airport Hostel
Tocumen Airport
NZ$97
includes taxes & fees
12 Nov - 13 Nov
Express Inn Panama International Airport Hostel
A hotel room with a bed, a chair, a painting, and a plant.
A living room with wicker furniture, a yellow sofa, and a bookshelf.
A hallway with a wooden door marked '14', a window, and a staircase with a railing.
A hotel lobby with a map of the Caribbean, a fan, and a table with snacks and a flower vase.

10. Hostal La Cigarra

Hostal La Cigarra
Santa Ana
United Kingdom
Mark
NZ$51
includes taxes & fees
20 Oct - 21 Oct
Hostal La Cigarra
View all properties

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.

Find the best cheap hotels in Panama City

For budget-conscious travellers visiting Panama City, these hotels offer excellent value without sacrificing comfort. Each hotel provides essential amenities to ensure a pleasant stay.Principe Hotel and Suites

  • Why it's great for a budget-friendly vacation: Principe Hotel and Suites is a fantastic choice for budget travellers, an excellent review rating of 9.0. With free toiletries, 24-hour airport shuttle service, and complimentary Wi-Fi, guests will enjoy essential comforts at an affordable price. The outdoor pool invites relaxation, while the kitchenette in each room allows for convenient meal preparation during your stay.
  • Other amenities: Guests can unwind on the terrace or take advantage of the daily housekeeping service. The hotel also features air conditioning for added comfort, room service, and a refrigerator in each room. Pool umbrellas and sun loungers enhance the outdoor experience, making it a perfect spot to relax after a day of exploring the city.
  • Neighborhood: Bella Vista
  • Nearby attractions: Uruguay Street - 1.6 km, Crown Casino - 1.4 km, Via Espana - 0.9 km

Principe Hotel and Suites

  • Why it's great for a budget-friendly vacation: Principe Hotel and Suites is an excellent choice for budget travellers looking for comfort and convenience, with an impressive guest review rating of 9.0. The hotel features essential amenities such as free Wi-Fi and toiletries, alongside a 24-hour airport shuttle service, ensuring a straightforward stay for all guests.
  • Other amenities: In addition to the budget-friendly offerings, guests can enjoy a refreshing outdoor pool with sun loungers, a kitchenette in their rooms for added convenience, and daily housekeeping services. The terrace provides a lovely space to unwind, while self-parking is complimentary, making it easy for those exploring the city by car.
  • Neighborhood: Bella Vista
  • Nearby attractions: Uruguay Street - 1.6 km, Crown Casino - 1.4 km, Via Espana - 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

Hotel Riu Plaza Panama

Hotel Riu Plaza Panama

8/10 Good
"Breakfast buffet was generally good but there were not enough selections of cooked meats. Bacon was only offered twice during my visit and the other days the meat was like a hard hot dog."
Charles 5-night trip
Posted 5 hours ago
Hotel Riu Plaza Panama
Hotel Ojos del Rio

Hotel Ojos del Rio

10/10 Excellent
"Great location, close to everything. staff friendly and helpful. Would highly recommend. basic room but i am not staying in my room, just sleep at end of the day."
ina 3-night trip
Posted 11 hours ago
Hotel Ojos del Rio
Hotel El Panama by Faranda Grand, a member of Radisson Individuals

Hotel El Panama by Faranda Grand, a member of Radisson Individuals

10/10 Excellent
"Great"
Aida Patricia 2-night trip
Posted 1 day ago
Hotel El Panama by Faranda Grand, a member of Radisson Individuals

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 Principe Hotel and Suites and The Executive Hotel.
How many low-cost hotels can I expect to find in Panama City?
Choose a hotel that suits your wallet from Expedia's 36 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 Station and Santo Tomás Station. If you want to venture outside the area, hop on a train at Panama City Passenger Station.

Explore a world of travel with Expedia