Top Low Cost Hotels in New York City

We checked thousands of reviews on and to find the best hotels for your stay
Go to Hotel List View map

Daniel Collins

Updated: 10 August 2024 · 3 min

However, the excitement of exploring iconic landmarks like Times Square, Central Park, and the Statue of Liberty can sometimes be overshadowed by the city's reputation for high accommodation costs. Fortunately, travelers seeking to experience the Big Apple without breaking the bank can find a plethora of low cost hotels in New York City, making it easier to enjoy all that the city has to offer.

When planning your trip, consider staying in budget-friendly neighborhoods such as Brooklyn, Queens, or even parts of Manhattan where affordable options abound. Many low cost hotels in New York City provide excellent amenities, ensuring comfort and convenience even at a lower price point. By choosing wisely, you not only save money on lodging but also immerse yourself in diverse local communities that enhance your overall travel experience.

Moreover, with a range of options available, from cozy boutique hotels to larger budget chains, it's easier than ever to find the perfect fit for your needs. Look for special deals and seasonal promotions that many low cost hotels in New York City offer, which can further reduce your expenses. With these tips in mind, you'll be able to enjoy the spirit of New York without compromising your wallet, allowing for a travel experience filled with unforgettable memories.
Show more + Show less -

Our Top 5

(Sorted by rating & number of reviews)

1. The Jane Hotel
2. 1 Hotel Brooklyn Bridge
3. Chelsea Savoy Hotel
4. Hyatt Place New York City - Times Square Hotel
5. Pod 39 Hotel

Low Cost Hotels New York City

Check Availability

New York
Mar 19, 2026 - Mar 20, 2026

The Jane Hotel

7.1

Good

(1815 Reviews)

+ 44 photos
The Jane Hotel is a charming boutique hotel located in the West Village, known for its unique cabin-like rooms reminiscent of a ship's quarters. With rates that are notably lower than many other options in Manhattan, it provides budget travelers with a taste of historic New York. The hotel features shared baths, which adds to its communal feel while fostering an inviting atmosphere. Guests can enjoy complimentary access to Wi-Fi, and the hotel's on-site café serves breakfast and brunch. Close to the Hudson River Park and other attractions, The Jane allows for convenient exploration of the city. Its quirky decor and affordable pricing make it a true standout in the list of low cost hotels in New York City.
Address: 113 Jane Street
Rating: Good 7.1 (1815 Reviews)
Rooms: 146
Price: From 255$

1 Hotel Brooklyn Bridge

8.4

Good

(612 Reviews)

+ 95 photos
The 1 Hotel Brooklyn Bridge is an upscale yet affordable option that champions sustainable living in a chic environment. With rooms designed using reclaimed materials and energy-efficient systems, this hotel cares for both guests and the planet. It features an on-site restaurant that sources ingredients from local farmers, enhancing both sustainability and the guest dining experience. Guests can enjoy stunning views of the Manhattan skyline from its rooftop bar and explore nearby attractions like the Brooklyn Bridge Park. With a focus on wellness, the hotel also offers yoga classes and eco-conscious amenities to enhance your stay. Representing the pinnacle of low cost hotels in New York City with an eco-friendly twist, The 1 Hotel proves that luxury and sustainability can go hand in hand.
Address: 60 Furman Street
Rating: Good 8.4 (612 Reviews)
Rooms: 184
Price: From 599$

Affordable Classic Hotels

For travelers in search of a classic New York experience without a hefty price tag, affordable classic hotels are excellent options that capture the essence of the city. These low cost hotels in New York City often feature charming architecture, vintage decor, and a rich history, providing guests with a memorable stay. These hotels are typically well-situated, allowing easy access to iconic attractions, dining, and shopping. With classic hospitality and comfortable accommodations, these properties make great spots for those who appreciate old-world charm. Here are some affordable classic hotels that stand out in the landscape of low cost hotels in New York City.

Chelsea Savoy Hotel

8.1

Good

(318 Reviews)

+ 56 photos
The Chelsea Savoy Hotel combines classic charm with modern amenities, making it a fantastic choice for budget-conscious travelers. Located near the iconic Chelsea neighborhood, the hotel offers comfortable rooms equipped with essential amenities, including free Wi-Fi and a complimentary breakfast. Guests love its close proximity to renowned attractions like the Museum at the Fashion Institute of Technology and the bustling Chelsea Market. The hotel's traditional character and welcoming staff create a home-like atmosphere that resonates with visitors. The Chelsea Savoy remains competitively priced, ensuring it fits easily within the budget of travelers seeking low cost hotels in New York City. This hotel provides an authentic New York experience steeped in tradition.
Address: 204 W 23Rd Street
Rating: Good 8.1 (318 Reviews)
Rooms: 89
Price: From 234$

Hyatt Place New York City - Times Square Hotel

7.6

Good

(22031 Reviews)

+ 69 photos
The Hyatt Place New York City/Times Square is not only efficient and affordable but also committed to sustainability. The hotel employs measures to reduce energy usage, supports local farmers by sourcing produce for their kitchen, and offers a complimentary breakfast featuring fresh, healthy options. Its spacious and modern accommodations cater to both families and business travelers, with plenty of amenities to make your stay enjoyable. Guests can unwind at the hotel’s rooftop bar or take advantage of its prime location near various attractions. The Hyatt Place seamlessly integrates comfort, style, and sustainability, earning its place among low cost hotels in New York City. This eco-friendly hotel is a great choice for travelers who want to minimize their footprint while enjoying their urban adventure.
Address: 350 West 39Th St
Rating: Good 7.6 (22031 Reviews)
Rooms: 520
Price: From 149$

Eco-Friendly Hotels

As sustainability becomes increasingly important, more travelers are seeking eco-friendly accommodations during their trips. Eco-friendly hotels not only focus on environmental conservation but also offer competitive rates, making them an excellent choice among low cost hotels in New York City. These properties often implement energy-efficient practices, promote local businesses, and offer eco-conscious amenities designed to minimize their environmental impact. Staying in one of these hotels allows you to enjoy your trip while also caring for the planet. Here are some eco-friendly options that showcase affordability in New York City.

Pod 39 Hotel

8.2

Good

(12561 Reviews)

+ 102 photos
Pod 39 is an innovative hotel that embraces the concept of compact living without sacrificing comfort. Located in the Midtown East area, this hotel showcases smart, efficient rooms designed with young travelers in mind. Guests appreciate the vibrant rooftop lounge, perfect for unwinding while taking in breathtaking views of Manhattan. The hotel's dedication to providing budget-friendly stays ensures that visitors can enjoy upscale amenities without emptying their wallets. With a lively atmosphere and modern vibe, Pod 39 is an ideal choice for those in search of low cost hotels in New York City. The perfect blend of comfort and value makes Pod 39 a great option for travelers wanting to experience the city's energy.
Address: 145 East 39Th Street
Rating: Good 8.2 (12561 Reviews)
Rooms: 365
Price: From 100$