The top cheap hotels in Lisbon for 2018


Lisbon at night.

Picture this: you step out onto a small balcony, taking in the smell of your strong coffee. You look out to the breathtaking views of the city, where you can see flashes of pastels and some winding alleyways. You step back inside and look around at the charming artwork that fills your room. You lie back on the comfy bed and think about your itinerary: delicious seafood dinners, museums, historic monuments, theaters… welcome to Lisbon!

Not all vacations can be so dreamy, especially not on a budget. But Lisbon has a lot to offer cheapo travelers. Budget hotels can sometimes be a gamble, but we’ve combed through Lisbon to find the city’s gems.

More tips for Lisbon
• Lisbon Cheap Eats: How to save on eating out
• How to spend two days in Lisbon
• The top free attractions and things to do in Lisbon


Are you ready to take off to Lisbon? We’ve gathered our five favorite budget hotels in Lisbon for 2018.

Neighborhood: Baixa
Doubles from $22

Imagine a hostel owned by a couple of photographers, a painter, and an architect; the Living Lounge Hostel is as hip, fun and artsy as you’d expect. Rooms are spotless and far from boring. Add in a communal kitchen, a DJ booth and a themed lounge on each floor, and the Living Lounge Hostel becomes much more than a place to rest. Read the full review

Pensao Praca de Figueira

The breakfast room at Pensao Praca de Figueira.

Neighborhood: Baixa
Doubles from $45

The Pensao Praca de Figueira has plenty of options for Cheapos. Choose from basic budget rooms that have shared bathrooms and incredible views or budget plus rooms with private bathrooms, air conditioning, mini-fridges, and TVs. Every floor has a kitchenette, and the 4th floor has a TV lounge. We love the owner Leonardo’s photographs throughout the place. Read the full review

Pensao Londres Lisbon

A triple room at Pensao Londres Lisbon.

Neighborhood: Bairro Alto & Chiado
Doubles from: $52

With picturesque city views, old-world charm and budget-friendly prices, Pensao Londres offers a warm welcome to their guests. Many rooms have lovely wrought-iron balconies — be sure to request a room on the 4th floor for the best views. Breakfast is included in the room rate, and those looking to save even more can book a room with a shared bath. Read the full review

Lisbon Dreams Guesthouse

A dreamy room at Lisbon Dreams Guesthouse.

Neighborhood: Avenida da Liberdade
Doubles from $53

At the Lisbon Dreams Guesthouse, you’ll find many rooms with terraces, French doors, and fun artwork. You’ll have to share a bathroom, but breakfast and Wi-Fi are free. There’s a communal kitchen, for those wishing to cook some of their own meals. Plus, the hotel is nicely located between two Metro stations: Pombal and Rato. Read the full review

Residencial Florescente

The view from a beautiful terrace at Residencial Florescente.

Neighborhood: Baixa
Doubles from $87

The Residencial Florescente is a cute, charming hotel on a pedestrian street. Perks include a complimentary breakfast buffet and free Wi-Fi. Check into a room in the front for a lovely street view. The skylights through the hallways give the hotel plenty of natural light. Plus, it has a great location just a short walk from Rossio Square. Read the full review

If you want even more hotel picks for Lisbon, we have plenty of great options. Check out our entire list of budget hotels in Lisbon. Do you have a favorite place to stay in Lisbon? Tell us in the comments.

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