Summary:
New York City is one of the most expensive places to visit, but that doesn’t mean you can’t find affordable accommodation. Whether you’re a budget traveler, a backpacker, or simply looking to save on lodging, there are several budget-friendly hotels that offer comfort and convenience without breaking the bank. Here’s a list of the top 10 budget hotels in NYC that provide excellent value for money.
1. Pod 51 Hotel
📍 Location: Midtown Manhattan
💰 Price Range: $100-$150 per night
🚇 Nearest Subway Station: 51st Street Station
Why Stay Here?
Pod 51 is one of the best budget hotels in NYC, known for its compact yet stylish rooms. Despite their small size, the rooms are well-designed with comfortable beds, private bathrooms, and free Wi-Fi. The hotel also has a rooftop terrace offering stunning city views.
2. The Jane Hotel
📍 Location: West Village
💰 Price Range: $90-$140 per night
🚇 Nearest Subway Station: 14th Street Station
Why Stay Here?
The Jane Hotel offers a unique vintage vibe with small yet functional rooms inspired by old-fashioned train cabins. It’s an excellent choice for solo travelers looking for affordable yet charming accommodations. Plus, the hotel provides free bike rentals, and it’s located near the vibrant Meatpacking District.
3. The Americana Inn
📍 Location: Midtown Manhattan
💰 Price Range: $120-$180 per night
🚇 Nearest Subway Station: Bryant Park Station
Why Stay Here?
This centrally located hotel is just a short walk from Times Square, Fifth Avenue, and the Empire State Building. Some rooms have shared bathrooms, making it a great choice for budget-conscious travelers who prioritize location over luxury.
4. Freehand New York
📍 Location: Gramercy
💰 Price Range: $130-$200 per night
🚇 Nearest Subway Station: 23rd Street Station
Why Stay Here?
This trendy hotel combines retro and modern aesthetics, offering both private rooms and dormitory-style accommodations. The hotel’s stylish interior, lively atmosphere, and excellent on-site restaurant make it a great choice for young travelers.
5. The Hotel @ Times Square
📍 Location: Near Times Square
💰 Price Range: $130-$190 per night
🚇 Nearest Subway Station: 42nd Street Station
Why Stay Here?
If you want to stay in the heart of NYC without spending a fortune, this hotel is a great option. It offers free breakfast, a fitness center, and a business center, and it’s just steps away from Broadway theaters and Rockefeller Center.
6. Moxy NYC Times Square
📍 Location: Times Square
💰 Price Range: $140-$220 per night
🚇 Nearest Subway Station: 34th Street – Penn Station
Why Stay Here?
Owned by Marriott, Moxy is a budget-friendly yet stylish hotel featuring compact rooms, modern decor, and excellent social spaces, including a rooftop bar. It’s ideal for young travelers looking for an affordable but trendy stay.
7. CitizenM New York Bowery
📍 Location: Lower East Side
💰 Price Range: $150-$230 per night
🚇 Nearest Subway Station: Bowery Station
Why Stay Here?
CitizenM offers a smart, tech-savvy hotel experience, with rooms controlled by a tablet that adjusts lighting, temperature, and entertainment. The stylish design and excellent communal spaces make it a favorite among digital nomads and tech lovers.
8. The Local NYC
📍 Location: Long Island City, Queens
💰 Price Range: $80-$140 per night
🚇 Nearest Subway Station: Court Square Station
Why Stay Here?
If you don’t mind staying outside Manhattan, The Local NYC is a fantastic budget option. This boutique hostel offers private rooms and dorms, along with a cozy bar and a shared kitchen, making it great for social travelers and backpackers.
9. HI New York City Hostel
📍 Location: Upper West Side
💰 Price Range: $50-$100 per night (dorm beds)
🚇 Nearest Subway Station: 103rd Street Station
Why Stay Here?
As one of NYC’s largest and most popular hostels, HI NYC is perfect for budget travelers. It provides clean and comfortable dorm rooms, social activities, and even free walking tours, making it an excellent place to meet fellow travelers.
10. Chelsea Inn
📍 Location: Chelsea
💰 Price Range: $110-$170 per night
🚇 Nearest Subway Station: 14th Street Station
Why Stay Here?
This boutique hotel features a cozy European-style design. The rooms are compact but well-furnished, and guests receive a complimentary breakfast. Located in the Chelsea district, the hotel is near art galleries, cafes, and boutique shops.
Conclusion
Although New York City is known for its high hotel prices, there are still plenty of budget-friendly options that don’t compromise on comfort and convenience. Whether you want to stay in the heart of Manhattan or explore the outer boroughs, these affordable hotels provide great value for money.