8 cheap hotels in Budapest for smart travelers
8 cheap hotels in Budapest for smart travelers
Don’t waste all your money on a bed! Choose a cheap hotel in Budapest and spend your money on fun and culture!
Budapest, capital of Hungary, is famous for being one of Europe’s most affordable yet culturally rich capitals. Whether you’re coming for the thermal baths, the ruin pubs, or to explore the historic sights of Buda and Pest, there’s no need to overspend on accommodation. If you’re planning to spend most of your days exploring, eating, and enjoying the city, a clean, comfortable, and budget-friendly hotel is the perfect choice.
In this guide, we collected 8 great-value hotels across both Buda and Pest. Some are located in quieter, greener areas, others right in the buzzing center. Each option has its own advantages – from family-run charm to modern design – so you can choose what fits your travel style best. Prices and transport tips are included to make planning easier.
1. B&B Hotel**

Let’s start on the historical Buda side. The B&B Hotel is not central – in fact, it’s more than 10 km away from downtown – but it offers unbeatable prices and a unique surrounding. Located near Aquincum, the oldest part of Budapest (once part of the Roman Empire), you’ll find ancient ruins, the Aquincum Museum, the Danube riverside, and even adventure parks within walking distance. If your main goal is exploring all day and you only need a simple place to rest at night, this is a solid option.
Price: A double room per night is usually around 35–40 EUR.
Transport: From Margit híd (Margaret Bridge) station, take the HÉV 5 suburban train to Aquincum. From there it’s an easy walk.
2. Budai Hotel***
For travelers who prefer peace and fresh air over nightlife, Budai Hotel is a great fit. This cheap hotel is nestled in the Buda Hills, in a quiet location, this family-run hotel offers a panoramic view of the city and a quiet environment far from traffic. It’s ideal if you enjoy hiking or want to relax after long sightseeing days. The interiors are simple, but the building was refurbished in 2015, and the friendly staff make it a welcoming spot.
Price: A double room is typically 55–65 EUR per night.
Transport: From Széll Kálmán tér, take tram 59 and then bus 53. If you’re staying out late, the night bus 908 stops nearby.
More info and booking here.
3. Ábel Pension***
This cheap hotel is a charming Art Nouveau villa, built in 1913, is a lovely alternative to large hotels. Ábel Pension is filled with original furniture and has a romantic garden where you can unwind. Located near Gellért Hill, it’s within walking distance to the Gellért Thermal Bath, Rudas Bath, and the Citadel. It’s especially appealing for couples or travelers who enjoy an intimate, family-like atmosphere.
Price: A double room costs around 45–50 EUR per night.
Transport: Easy to reach by tram 4-6 or from Móricz Zsigmond körtér metro hub.
More info and booking here.
4. Hotel Amadeus***
If you’re okay with staying outside the city center, Hotel Amadeus in the 14th district (Zugló) is a comfortable and budget-friendly option. The style may feel slightly old-fashioned, but it comes with cozy beds, air-conditioning, and tasty Hungarian meals at the restaurant. Complimentary coffee is a nice bonus for budget travelers.
Price: A double room usually costs 45–50 EUR per night.
Transport: Bus connections take you to Örs vezér tere, a busy metro and tram hub (M2 metro line).
5. Hotel Chesscom***
This cheap hotel is located in the 19th district, Hotel Chesscom is close to the airport but also next to a metro station, making it easy to reach downtown. It’s an excellent choice if you have an early flight or a short stay. The hotel is simple but modern inside, and the nearby shopping mall adds convenience.
Price: A double room costs about 55–60 EUR per night.
Transport: Right next to Kőbánya-Kispest station (Metro line 3), with buses and trains also available.
More info and booking here.
6. Hotel Timon ***
One of the cheapest options in Budapest, Hotel Timon is in the 18th district, closer to the airport than downtown. It’s very basic, but safe and clean, with breakfast included. It’s ideal for road-trippers or travelers on long layovers. Don’t expect luxury, but for the price, it’s hard to beat.
Price: A double room costs around 30–35 EUR per night.
Transport: Tram 50 and local buses connect you to Metro line 3 in about 10 minutes.
7. H2 Hotel Budapest
Another cheap hotel modern gem in the center is H2 Hotel Budapest. Opened recently, it’s praised for its fresh design, clean rooms, and generous breakfast. The hotel is located in the heart of the city, so it is especially convenient if you want everything within walking distance: the Hungarian Parliament, the Danube Promenade, and St. Stephen’s Basilica are just minutes away. Free Wi-Fi and a friendly atmosphere make it a hit among younger travelers and couples.
Price: Around 65–75 EUR per night, including breakfast.
Transport: Just a few steps from Arany János utca metro station (M3) and several tram lines. Perfectly located for exploring the city.
8. D8 Hotel
Switching to the bustling Pest side, D8 Hotel is an excellent choice for those who want to be in the middle of everything. Located in the heart of Budapest, just a short walk from the main attractions like the Chain Bridge and Vaci Street shopping area, this modern hotel is known for its stylish design and excellent service. Despite the central location, prices remain very competitive, making it one of the best value hotels in downtown Budapest.
Price: Rooms generally start at 70–80 EUR per night, depending on the season.
Transport: Prime location, perfectly central – within walking distance of Deák Ferenc tér, the city’s main public transportation hub (close to metro lines 1, 2, 3, and several tram and bus lines).
Practical tips for budget travelers in Budapest
- Public transport: Budapest has an excellent and affordable public transport network. Buy a 24-hour or 72-hour travel card if you plan to use metro, trams, and buses frequently.
- Thermal baths: Don’t miss the Széchenyi or Gellért baths. Tickets cost around 20–25 EUR, and they’re open year-round.
- Eating out: For affordable meals, try traditional canteens („metrozó”) or grab street food like lángos (fried dough with toppings). Expect to pay around 5–7 EUR for a filling dish.
- Free sights: Walk along the Danube Promenade, hike up Gellért Hill for panoramic views, or explore Heroes’ Square and the City Park – all free.
- Airport transfer: The official 100E bus takes you directly to the city center for about 6 EUR. Taxis are more expensive, but services like Bolt or Főtaxi are reliable. If you would like to travel in affordable luxury, book our airport transfer service.
Final Thoughts
Budapest proves that traveling on a budget doesn’t mean sacrificing comfort or convenience. Whether you choose a quiet family-run pension in Buda or a sleek modern hotel in Pest’s vibrant center, you’ll find plenty of affordable options with easy access to sights and transport. By saving money on accommodation, you can invest more in what makes Budapest unforgettable: its history, food, nightlife, and famous spas.
With these 8 cheap but reliable hotels, your stay in Budapest can be both budget-friendly and full of experiences. So pack your bags, get ready to explore, and enjoy the magic of Hungary’s capital without breaking the bank.
Need a ride from the airport?
Spare yourself the hassle of dragging your luggage across the city, use our airport transfer service to get to your preferred cheap hotel. Click here for more info.
FAQ
What are the best neighborhoods to find cheap hotels in Budapest?
When looking for cheap hotels in Budapest, consider staying in neighborhoods like Erzsébetváros, which offers a variety of budget accommodations and is close to many attractions. The Jewish Quarter is also popular for its affordable options and vibrant nightlife. Other great areas include Pest, where you can find numerous hostels and budget hotels, and Buda, which offers a quieter atmosphere with some economical options.
How can I find the best deals on hotels in Budapest?
To find the best deals on hotels in Budapest, start by comparing prices on various travel websites and booking platforms. Look for special promotions or discounts, especially during the off-peak season. Consider signing up for newsletters from hotel chains or travel sites, as they often provide exclusive deals. Additionally, booking in advance can help you secure lower rates for your stay.
Are there any boutique hotels that offer budget-friendly options in Budapest?
Yes, Budapest has several boutique hotels that cater to budget-conscious travelers. These hotels often provide unique decor and personalized service at competitive prices. Look for boutique hotels in the city center or trendy neighborhoods, where you can enjoy a stylish stay without breaking the bank. Check reviews to ensure you find a quality boutique hotel that meets your budget needs.
What amenities can I expect in budget hotels in Budapest?
Budget hotels in Budapest typically offer essential amenities like free Wi-Fi, breakfast options, and comfortable bedding. While they may not provide luxury services, many budget hotels focus on cleanliness and convenience. Some may include additional features like shared kitchens, laundry facilities, and common areas for guests to socialize. It’s a good idea to read reviews to understand what each hotel offers before booking.