14 Best Budget Hotels Lisbon

Are you looking to find the best Lisbon budget hotels?

Yes, flights and accommodation usually are the most expensive, leaving you nearly nothing to spend on things to do in Lisbon, not to mention food.

Luckily, I have compiled a list of budget accommodations in Lisbon for you to save you money on your trip. So, let us start exploring where to stay in Lisbon on a budget.

1. Casa da Janelas Com Vista

Address: R. Nova do Loureiro 35, 1200-293 Lisboa, Portugal

Why stay here: Cheap hotel near most attractions in Bairro Alto

Rooms from $80 per night

For the best places to stay in Lisbon on a budget, the Casa das Janelas com Vista is a stylish hotel that is small enough to cater to your needs. The light shines through the French windows, filling the high ceilings when standing in the room.

You have a modern twist with vintage details, books to browse, art to admire, and a help-yourself espresso machine. Order a fabulous breakfast of fruits, cheese, fresh bread, and eggs at this 4-star hotel.

You are close to the party scene and far enough to get some shut-eye.

2. Casa de Sao Mamede

Address: R. da Escola Politécnica 159, 1250-100 Lisboa, Portugal

Why stay here: Cheap hotel near the city center

Rooms from $90 per night

So, finding the best budget hotels in Lisbon to stay in is not difficult in this charming old-world grace hotel.

The romantic 18th-century hotel lets you explore the past with polished wood, decorative tiles, chandeliers, and stained glass.

It is a 3-star Hotel with flouncy florals, hardwood floors, and period furniture. But the famous Tram 28E stops nearby, and the area is not swamped with fellow travelers.

You are close to the botanical gardens, artsy cafes, designer stores, and gay bars in Principe Real.

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3. LX Boutique Hotel

Address: R. do Alecrim 12, 1200-017 Lisboa, Portugal

Why stay here: Affordable budget accommodation in Lisbon

Rooms from $120 per night

In Cais do Sodre near Tagus, you find the LX Boutique 4-Star Hotel with breezy rooms in blue and white. The fabrics are eye-grabbing with a pinch of vintage and murals.

Some doubles have a dreamy view to look over the Lisbon rooftops. Enjoy a breakfast in the lounge bar. It is a delicious spread of pastries, seasonal fruits, smoothies, and freshness.

Later, after walking the city, you can return and enjoy some sushi.

4. Hotel Jeronimos 8


Address: R. da Escola Politécnica 159, 1250-100 Lisboa, Portugal

Why stay here: Minimalism 4-Star Hotel Design

Hotel room prices from $90 per night

Now, if there is one place that offers you a lifting spirit and affordable accommodation, then Hotel Jeronimos 8 is the place to be. You can enjoy front-row seats for the best view at a huge window to watch the towers and turrets.

With its Manueline architecture, the boutique hotel takes you back to the 16th-century Aged of Discovery. It is in a 1940s building with a minimalist design, clean lines, and backlighting with muted colors.

Sit on the deck to enjoy drinks or taste Portuguese wine from the claret-walled bar. The best part is you can visit the monastery before other people arrive.

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5. My Story Hotel Tejo

Address: R. Condes de Monsanto 2, 1100-159 Lisboa, Portugal

Why stay here: History and near the city center

Rooms from $80 per night

When it comes to budget accommodations in Lisbon, there is no shortage. Just a stone’s throw away from the labyrinthine streets of Baixa, this cheap hotel seamlessly blends history with contemporary coolness.

You find it within the enchanting powder-blue exterior of an 18th-century Pombaline edifice. It is positioned perfectly to immerse yourself in the vibrant heartbeat of the city.

The rhythmic clatter of trams and the allure of nearby landmarks and eateries are just beyond the doorstep. The essence of the past is artfully woven into the fabric of the design, featuring stone arches, vaults, and the splendid use of reclaimed wood and parquet floors.

While prices surge during the summer months, venturing in the low season unveils a remarkable steal for the experience it offers.

6. The 7 Hotel


Address: R. Áurea 121, 1100-060 Lisboa, Portugal

Why stay here: Affordable option in a prime location

Hotel room prices from $60 per night

Right at the heart of the action, this chic and compact hotel is nestled within Baixa’s network of lively bars and trendy boutiques, offering unparalleled centrality.

Despite the snug nature of the rooms, the design invites you to a refreshing ambiance. It features modern elements like floor-to-ceiling windows, caramel headboards, and stylish gold lights that inject a dose of glamour.

Opting for a studio or family room by investing a few extra euros provides a more generous living space. Within a few minutes stroll, you’ll find yourself near major attractions.

You are close to the Praca do Comercio along the Tagus riverbanks and the neo-gothic Elevador de Santa Justa, a masterpiece crafted by Raul Mésnier, who apprenticed under Gustav Eiffel.

7. Hotel Gat Rossio

Address: R. do Jardim do Regedor 27 35, 1150-193 Lisboa, Portugal

Why stay here: Stunning views in the city center

Rooms from $100 per night

During the evening, the windows of this effortlessly modern hotel in Rossio illuminate with a distinctive green glow reminiscent of a cat’s eyes.

Many delights await you here, beginning with its exceptionally central position on Praca dos Restauradores and the extraordinarily hospitable bambino (welcome) extended to all.

The rooms undergo a transformation guided by a keen sense of aesthetics: from pristine white walls to vintage geometric prints, modular furniture, enlarged depictions of Lisbon, and sporadic vibrant bursts of color.

Indulge in handcrafted cocktails and delectable snacks within the chic lounge or unwind on the decked terrace, a perfect retreat after exploring the city’s wonders.

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8. Casa C’Alma

Address: Praça das Flores 48 1º, 1200-192 Lisboa, Portugal

Why stay here: Prime Location

Rooms from $115 per night

In Praça das Flores, Casa C’Alma offers a boho-cool escape with five minimalist rooms. The Scandi-style design, bathed in natural light, features chalk-white walls, Beni Ourain rugs, and retro sofas.

Meticulously curated, the guesthouse exudes love and beauty. Breakfast is a delightful spread of pastries, artisanal bread, cheeses, fruits, and granola pots, served with cheer around a wooden table.

Casa C’Alma invites you to savor physical comforts in a central location and a profound sense of peace and soulful connection, making each stay unique and memorable.

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9. Lutecia Smart Design Hotel

Address: Av. Frei Miguel Contreiras 52, 1749-086 Lisboa, Portugal

Why stay here: Public transportation and romantic getaway

Rooms from $70 per night

During the busy summer season in Lisbon, finding a comfortable and spacious design hotel can be daunting. Nonetheless, the hotel next to the Roma-Areeiro metro station stands out for its exceptional style and size.

Each hotel floor has a unique theme, such as the “Kiss Me” floor, featuring pouty Marilyn prints and lip-shaped sofas, and the “Disco” floor, adorned with black walls and glitter balls.

Despite the themed decor, the rooms are tastefully decorated and offer espresso machines, smart TVs, and magnificent city views. Additionally, you can take advantage of the hotel’s fitness center to stay fit and healthy.

10. Hotel White

Address: Av. da República 9, 1050-185 Lisboa, Portugal

Why stay here: Average price with best views

Rooms from $85 per night

The whitewashed hotel boasts a rooftop bar and pool deck with stunning city views. The Saldanha metro station is opposite, and the Fundacao Calouste Gulbenkian is just a 15-minute walk away. The rooms feature floor-to-ceiling windows, calming colors, and artsy headboard murals.

11. BE Poet Baixa


Address: R. Augusta 220, 1100-056 Lisboa, Portugal

Why stay here: Best hotel deals

Rooms from $100 per night

Located in the heart of Baixa, this hotel offers a delightful café terrace that spills onto the beautifully patterned cobbled streets.

Its strategic location lets you easily explore the city’s top attractions, such as Elevador de Santa Justa and Praca do Comercio. Upon arrival, you’ll be greeted with a warm welcome, a delicious custard tart, and refreshing port wine.

The staff here are friendly and always willing to go the extra mile to make your stay memorable. The rooms are tastefully decorated with soft pops of color and feature abstract headboards and murals.

Even the standard rooms come equipped with espresso makers and Real Saboaria toiletries. Despite not being overly spacious or lavish, these rooms are incredibly comfortable and quiet, ensuring a good night’s rest.

12. Pestana Lisboa Vintage

Address: R. Mouzinho da Silveira 29, 1250-166 Lisboa, Portugal

Why stay here: Luxury hotel for an affordable stay

Rooms from $100 per night

This four-star hotel is worth checking out if you want a stylish and affordable stay in Lisbon.

Situated near Avenida da Liberdade, known for its high-end boutiques, the hotel is nestled among the charming streets leading to the botanical gardens and Parque Eduardo VII.

Upon entering the lobby, you’ll be greeted by impressive soaring ceilings, mirrors, murals, and an art deco chandelier. The rooms are equally elegant and spacious, featuring a monochrome color scheme, geometric prints, and a touch of gold.

But the real gem of this hotel is its rooftop lounge, where you can enjoy a delicious sundowner while taking in the stunning views of Lisbon. It’s the perfect way to end a day of sightseeing and exploring the city.

Whether you’re traveling for business or pleasure, this hotel is a fantastic option that won’t break the bank.

13. Hotel Lis Baixa


Address: R. dos Douradores 146, 1100-107 Lisboa, Portugal

Why stay here: Historical center

Average price $128 per night

Located in the heart of Baixa, this charming hotel is situated on Rua dos Douradores, where goldsmiths once plied their trade. The hotel’s location is ideal for exploring all the nearby sights and attractions.

While the rooms might be on the smaller side, they are beautifully designed in a combination of whites and blues, with vintage accents in the form of flock wallpaper and French doors that open onto Juliet balconies.

Upon arrival, you are greeted with a glass of port, and the rooms come stocked with complimentary water and fruit, a thoughtful touch.

The café is a relaxed spot to enjoy breakfast, tapas, and wine later in the day, with its eye-catching wall of azulejos, distinctive sea urchin-inspired lighting fixtures, and tables arranged closely together to create a cozy atmosphere.

14. Chalet D’Avila Guest House

Address: Av. Duque de Ávila 69, 1000-139 Lisboa, Portugal

Why stay here: Cheaper hotels near public transport and a fantastic location

Price per night $70 per night

This property proves that the most desirable accommodations are not always expensive.

Located near the Saldanha metro station, this delightful gem is nestled in a magnificent historical building on the edge of a small park.

You are greeted with a warm welcome, bright and airy interiors, high-ceilinged rooms, wooden floors, jute rugs, and Juliet balconies.

While the shared bathrooms may be a drawback for some, they are impeccably clean. You can enjoy strong coffee, fruit, yogurt, and cold cuts for breakfast.

You will not find better value for your money anywhere else in Lisbon.

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Wrap-Up: Best Budget Hotels In Lisbon

As someone who visits Lisbon often, I have found no shortage of great-budget hotels in this vibrant city. Here, you can find plenty of affordable and comfortable places to stay that won’t break the bank.

Whether you are looking for a stylish modern hotel or a cozy guesthouse, many options offer a central location and all the amenities you need to make your stay enjoyable.

Overall, I highly recommend considering one of the budget hotels in Lisbon for your next visit to this beautiful city.

Frequently Asked Questions

The average cost of budget hotels in Lisbon ranges from £60 to £120 per night.

Casa de Sao Mamede is a budget hotel located near the city center.

Hotel Gat Rossio is a budget hotel that offers stunning views of the city center.

Casa da Janelas Com Vista is a budget hotel that combines modern and vintage details.

The 7 Hotel is a budget hotel within Baixa’s lively bars and trendy boutiques network.

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