Cheap Hotels in Panama City from $20

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Compare Panama City Cheap Hotels room rates, reviews, and availability. Most hotels are fully refundable.

Principe Hotel and Suites

3.0 star property
8.8 out of 10, Excellent, (1317)
"Great, low frills easy booking. "
The price is $64
includes taxes & fees
$59 per night
May 2 - May 3
Principe Hotel and Suites

Riande Urban Hotel

3.5 star property
8.8 out of 10, Excellent, (1002)
"I enjoyed my time here. The Breakfast buffet was convenient and the facilities were great. "
The price is $72
includes taxes & fees
$66 per night
May 2 - May 3
Riande Urban Hotel

The Executive Hotel

3.5 star property
9.2 out of 10, Wonderful, (1000)
"Great Hotel."
The price is $108
includes taxes & fees
$96 per night
May 4 - May 5
The Executive Hotel

Ramada Plaza By Wyndham Panama Punta Pacífica

4.0 star property
9.6 out of 10, Exceptional, (1001)
"Great place to stay"
The price is $116
includes taxes & fees
$105 per night
May 24 - May 25
Ramada Plaza By Wyndham Panama Punta Pacífica

Plaza Paitilla Inn Hotel

3.5 star property
9.4 out of 10, Exceptional, (2019)
"Family enjoyed their stay"
The price is $88
includes taxes & fees
$79 per night
May 5 - May 6
Plaza Paitilla Inn Hotel

Hotel Coral Suites

3.5 star property
9.0 out of 10, Wonderful, (1000)
"The room was nice and the staff was amazing. "
The price is $76
includes taxes & fees
$69 per night
May 12 - May 13
Hotel Coral Suites

TRYP by Wyndham Panamá Centro

3.5 star property
9.0 out of 10, Wonderful, (1001)
"Overall great place to stay"
The price is $91
includes taxes & fees
$83 per night
May 28 - May 29
TRYP by Wyndham Panamá Centro

The Santa Maria, A Luxury Collection Hotel & Golf Resort, Panama City

5.0 star property
9.6 out of 10, Exceptional, (568)
"Great Hotel and staff!"
The price is $243
includes taxes & fees
$221 per night
May 23 - May 24
The Santa Maria, A Luxury Collection Hotel & Golf Resort, Panama City

Bristol Panama, a Registry Collection Hotel

5.0 star property
9.2 out of 10, Wonderful, (1001)
"Excelente hotel "
The price is $152
includes taxes & fees
$139 per night
May 9 - May 10
Bristol Panama, a Registry Collection Hotel

Sheraton Grand Panama

4.0 star property
8.6 out of 10, Excellent, (866)
"Great place to stay"
The price is $147
includes taxes & fees
$133 per night
May 12 - May 13
Sheraton Grand Panama
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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2-star hotels in Panama City

Frequently asked questions

What is Panama City like for travelers on a budget?
Panama City offers a variety of cheap accommodations and things to do, making it a great getaway spot for budget travelers. In addition to its well-known attractions like 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 accommodation in Panama City?
Based on reviews, Hotel Riu Plaza Panama is a popular hotel for our travelers who want a more economical choice, and features free buffet breakfast and free WiFi. Other options for your budget-friendly stay include Riande Urban Hotel and Plaza Paitilla Inn Hotel.
How many budget hotels can I expect to find in Panama City?
Choose a hotel that suits your wallet among Expedia’s 31 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, and keep 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 temp of 80°F, while the coldest months are January and February with an average of 79°F. The rainiest months in Panama City are July, August, June, and November, with each month seeing an average of 15 inches 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 Biomuseo.
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 2.5 mi (4 km) from the center in Panama City (PAC-Marcos A. Gelabert Intl.). However, if that doesn’t suit your budget, you can look into flights to Balboa (BLB-Panama Pacifico Intl.), which is 6.3 mi (10.1 km) away. Take advantage of metro transit at Iglesia del Carmen Station, Vía Argentina, and Santo Tomas Station. If you want to explore the larger area, ride aboard one of the trains from Panama City Passenger Station.