Cheap Hotels in NYC: 24 AMAZING Places to Stay in 2024

Where to find the Best Affordable Hotels in NYC

There’s nothing like the hustle and bustle of New York City; it truly is one of the most magical places on earth. As one of the top vacation destinations in the United States, it comes as no surprise that there are hundreds of hotels to choose from, ranging from budget-friendly to ultra-lux. With so many options available, how do you know which hotel is right for you?

Whether you’re looking for a room within walking distance of the city’s top attractions or prefer a whimsical hotel where you can enjoy brunch with friends, there’s something for everyone in the big apple. Check out our list of the best cheap hotels in New York City that will save you money without sacrificing all the amenities you deserve!

Our tip: Affordable hotels in New York are in high demand, so, if you find a good deal, don’t hesitate too long to make your reservation!

These are the 24 Best Cheap Hotels in New York

By the way, ‘cheap’ doesn’t mean that these hotels are bad. They are quite affordable in comparison and offer good value for your money! Let’s get one thing straight: the prices for hotel rooms in New York can strongly vary and are mainly dependent on the season. The cheapest prices are often found in January, for example, while a room on New Year’s Eve can be very expensive. It’s definitely always a plus to be a bit flexible with your travel plans.

  1. 01

    LUMA Hotel Times Square

    Hotels & Accommodations in Theatre District
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    4 Stars | Located within the heart of Times Square, the LUMA Hotel is luxury personified. No detail was left untouched, from the large picture windows with exquisite views to the on-site bar, complete with modern lighting and an upscale feel. Guests will enjoy high-end linens, including slippers and bathrobes in every room, 24-hour security, daily continental breakfast, and car hire. Only moments from some of the city’s best shopping, you can’t go wrong staying at the LUMA Hotel.

    Amenities

    • Free wifi
    • Room service
    • 24-Hour front desk
    • Disabled guest-friendly
    • Parking
    • Family rooms
    • Restaurant and bar
  2. 02

    Hotel Scherman

    Hotels & Accommodations in Hell's Kitchen
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    4 Stars | The Hotel Scherman is considered one of the best affordable boutique hotels in NYC, thanks to its great location and eclectic decor. Start your day with the free continental breakfast before heading out to explore the local art galleries, shopping, and shows located only a short walk away. Finish the night with a drink on the rooftop terrace before relaxing in your ultra-lux bed, complete with a pillow-top mattress. Best of all, the hotel staff is warm and welcoming, another reason why this boutique hotel is a guest favorite.

    Amenities

    • Free wifi
    • Free continental breakfast
    • Daily housekeeping
    • Disabled guest-friendly
    • Coffee/ tea makers in all guest rooms
    • Elevator
    • Family rooms
  3. 03

    YOTEL Times Square

    Hotels & Accommodations in Hell's Kitchen
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    3 Stars | This hotel gives you incredibly good value for your money. Also, it offers a fantastic views over the city, located right in New York’s legendary area Hell’s Kitchen. What else is close to the YOTEL Times Square? Not only Broadway, where you can see the most popular musicals in New York, but also Rockefeller Center with its “Top of the Rock” observation deck, Bryant Park, the Flatiron and much, much more. This hotel really puts you in the middle of New York and you will have so many attractions close by! And it even has a rooftop bar on the roof of the hotel.

    Amenities

    • Free WiFi
    • Rooftop Bar
    • 24-hour front desk
    • Daily housekeeping
    • Breakfast
    • Family rooms
    • Fitness centre
    • Air conditioning
  4. 04

    POD 51

    Hotels & Accommodations in Midtown Manhattan
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    3 stars | The POD 51 is one of the most popular 3 star hotels in New York. Its central location, just a few minutes walk from the Top of The Rock or MoMA, makes it one of the most popular accommodations for those traveling on a budget. Rooms are small but modern and very clean.

    Amenities

    • Bar
    • Rooftop Terrace
    • Free WiFi
    • 2 Restaurants
    • Air Conditioning
    • Pets Allowed
  5. 05

    Heritage Hotel New York City

    Hotels & Accommodations in Flatiron District
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    3 Stars | The Heritage Hotel New York City is a budget insider tip in the Flatiron District. The rooms are clean (though small) – but you’re right in the middle of the action. It’s perfect for anyone looking for an affordable hotel in a good location. If you are just looking for a room to sleep, so to speak, this is the one for you.

    Amenities

    • 24-hour front desk
    • Free WiFi
    • Concierge Service
    • 24-hour security
    • Vending machine
    • ATM
    • Air conditioning
  6. 06

    The Wallace Hotel

    Hotels & Accommodations in Upper West Side
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    4 Stars | The Wallace Hotel is one of the top-rated affordable hotels New York City thanks to its prime location, welcoming staff, and luxurious decor. Each room is equipped with an impressive flat screen TV, with in-house amenities including a fitness center, concierge service, and luggage storage. The outside of the building transports you back in time, with an “old New York” feel that is seamlessly carried throughout the interior. Wall to wall windows within the guest rooms make the space feel light and airy, with luxurious details thoughtfully placed throughout. Destinations located within walking distance include: Strawberry Fields (13- min), the Lincoln Center (14-min) and Central Park (1.2 miles). Laguardia Airport (8.1 miles) is also in close proximity.

    Amenities

    • Free wifi
    • Disabled guest-friendly
    • Daily housekeeping
    • 24-hour front desk
    • Elevator
    • Heating
    • Bar
  7. 07

    Aloft Manhattan Downtown - Financial District

    Hotels & Accommodations in Financial District
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    3 Stars | The Aloft Manhattan Downtown hotel is located in the Financial District and thus in the immediate vicinity of numerous attractions. In addition to the 9/11 Memorial and the World Trade Center, the Brooklyn Bridge and the Wall Street can be reached in approximately 10 minutes. A subway station is also just a few steps away.

    Rooms feature modern furnishings, and the comfortable beds promise a restful sleep. There’s also a bar, as well as a lounge with a terrace and a fitness center.

    Amenities

    • 24-hour front desk
    • Free WiFi
    • Air-conditioning
    • Fitness center
    • Bar
    • Snack bar
  8. 08

    Fairfield Inn by Marriott New York Manhattan/Financial District

    Hotels & Accommodations in Financial District
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    3 stars | The Fairfield Inn by Marriott New York is located in New York’s financial district, in the heart of Wall Street and just a few meters from some of the most important points of interest in lower Manhattan. From here you can discover One World Trade Center, the 9/11 Memorial, Trinity Church and the Brooklyn Bridge on foot. The rooms are simple but spacious and have large windows overlooking the modern skyscrapers in the area. The hotel also has a bar and a fish restaurant, Captain’s Lounge.

    Amenities

    • City view
    • Free WiFi
    • Air conditioning
    • 24-hour front desk
    • Luggage storage
    • Fitness centre
  9. 09

    NobleDEN Hotel

    Hotels & Accommodations in Little Italy
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    4 Stars | The NobleDen Hotel is the epitome of simplistic luxury, offering guests everything they need for a comfortable and enjoyable stay. Located only feet away from the delectable Ferrara Bakery and Cafe, it’s an excellent location for any foodie. Modern design makes each hotel room feel spacious with thoughtful amenities, which include a hair dryer, air conditioning, and room options with a balcony or terrace. With floor to ceiling windows, you will feel as if you’re in the heart of Little Italy!

    Amenities

    • Free wifi
    • Terrace
    • Disabled guest-friendly
    • Daily housekeeping
    • 24-Hour front desk
    • Baggage storage
    • Elevator
  10. 10

    Manhattan Guest Suites

    Hotels & Accommodations in Harlem & Washington Heights
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    Old-world architecture meets modern luxury at the stunning Manhattan Guest Suites. Guests will marvel at the wood paneled rooms and hardwood floors, which include a seating area, a rarity among cheap hotels in New York, and the shared kitchen and dining space. Gaze out at the stunning city views before enjoying a warm bath in the newly updated yet period-appropriate bathrooms. This converted four-story brownstone, which is nestled within the Morris Historic District, is the perfect spot for anyone who appreciates the beauty of old New York.

    Amenities

    • Free wifi
    • In-room kitchen
    • Air conditioning and heating
    • Safety deposit box
    • Family rooms
    • Coffee/ tea maker in all guest rooms
  11. 11

    The Ridge

    Hotels & Accommodations in Lower East Side
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    3 Stars | The Ridge Hotel in the Lower East Side is a 3-star hotel that features a rooftop terrace. You can enjoy a great view of Manhattan (including the Empire State Building) while relaxing on one of the deck chairs and enjoying a snack.  There are several museums in close proximity, such as the Museum of Ice Cream and the Tenement Museum. The East River is a 25-minute walk away, and Sara D. Roosevelt Park is right next to the hotel. The rooms are modern and offer everything you need for a comfortable stay.

    Amenities

    • 24-hour front desk
    • Free WiFi
    • Wheelchair accessible
    • Air conditioning
    • Rooftop terrace
  12. 12

    The Hotel Chelsea

    Hotels & Accommodations in Chelsea
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    4 Stars | Elegant luxury surrounds you from the moment step foot inside The Hotel Chelsea. The building’s facade transports you to the 1920s, where famous names like Andy Warhol, Janice Joplin, Jimmi Hendrix, and more roamed, and continues as you wander through the stunning marbled interior. Every room features modern amenities, including flat screen TVs, while maintaining its historic look and feel through decadent fabrics and classic finishes. The best part of each guest room is the stunning bathroom’s gold finishes, marble flooring, optional soaking tubs, and timeless decor. The location is within walking distance of the Flatiron Building and minutes from the Empire State Building, Penn Station, Highline Park, and Laguardia Airport.

    Amenities

    • Free wifi
    • Room service
    • Restaurant
    • 24-Hour front desk
    • Fitness center
    • Bar
    • Disabled guest-friendly
  13. 13

    Artezen Hotel

    Hotels & Accommodations in Financial District
    Our Highlight
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    4 Stars | Located within the heart of the Financial District, the Artezen Hotel is one of the standout budget hotels in New York City. The decor effortlessly combines natural features with rounded corners for a fluid-like feel throughout. The result is complete and total relaxation from the moment you walk through the doors until you enter the well-equipped and stylish rooms. The hotel’s prime location is only a mile from the Brooklyn Bridge and One World Trade Center, and the welcoming staff is fluent in both English and Spanish.

    Amenities

    • Free wifi
    • Disabled guest-friendly
    • Daily housekeeping
    • Elevator
    • Fitness center
    • 24-Hour front desk
    • Room service
  14. 14

    The Kimberly Hotel

    Hotels & Accommodations in Midtown Manhattan
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    4 Stars | When naming the best cheap hotels in New York City, no list would be complete without The Kimberly Hotel. This stylish hotel comes alive at night when the rooftop bar is sparkling with fairy lights and the city views of Manhattan stretch as far as the eye can see. Luxury is in every detail, from the supple linens to the marble-wrapped bathrooms. Guest rooms offer single or double bed options, in room safe, and a relaxing soaker tub. Its prime location is in the heart of the city, minutes away from the Empire State Building, Rockefeller Center, and Top of the Rock, making it one of the most sought-after affordable hotels in midtown NYC.

    Amenities

    • Free wifi
    • Private parking
    • Room service
    • Disabled guest-friendly
    • Daily housekeeping
    • 24-Hour front desk
    • Baggage hold
  15. 15

    The Cloud One New York-Downtown by the Motel One Group

    Hotels & Accommodations in Financial District
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    3 Stars | The Cloud One New York-Downtown by the Motel Group is located within walking distance of the World Trade Center in Downtown Manhattan. The rooms are not very big, but the furniture is modern and the room amenities guarantee a comfortable stay. Some of the rooms offer a great view of the city, while others let you see the Hudson River. Wall Street, Battery Park and the Brooklyn Bridge are also nearby.  The hotel serves a good breakfast, and in the evening you can end the day with a drink at the bar.

    Amenities

    • 24-hour front desk
    • Bar
    • Good breakfast
    • Free WiFi
    • Air conditioning
    • City view/River view
    • Luggage storage
    • Wheelchair accessible
  16. 16

    The Gallery House in Harlem

    Hotels & Accommodations in Harlem & Washington Heights
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    This converted brownstone offers an immersive experience for anyone seeking to live like a New Yorker on their vacation. The Gallery House is one of the best budget hotels in New York City, offering an intimate experience that feels like home. Deep wood tones, stunning paneling, and luxurious decor surround you as you enter this cozy hotel. As you walk the tree-lined street, you find yourself only minutes from the Metropolitan Museum of Art, Yankee Stadium, Central Park, and the Lincoln Center, making it a good location for anyone seeking to experience everything the city has to offer.

    Amenities

    • Free wifi
    • Free parking
    • Family rooms
    • In-room refrigerator
    • coffee machine
    • flat screen TVs
    • Built in storage
  17. 17

    The Ace Hotel in Brooklyn

    Hotels & Accommodations in Boerum Hill
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    4 Stars | The Ace Hotel is one of the most exquisite boutique properties in Brooklyn, featuring modern design with stunning views. Within The Ace Hotel, pops of color draw the eye, dotting the elegant decor, which encompasses the chic style which is uniquely New York. A seamless mix of natural elements and painstakingly designed private and public spaces, along with stunning views of iconic landmarks like the Statue of Liberty, make The Ace Hotel one of the best affordable accommodation options in the city.

    Amenities

    • Free wifi
    • Pet-friendly
    • Custom bathrobe in every room
    • Eco-friendly bath products
    • Hi-Def Televisions
    • Disabled guest-friendly
    • SMEG refrigerator
  18. 18

    citizenM New York Times Square

    Hotels & Accommodations in Theatre District
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    4 Stars | For those seeking a hip hotel in the heart of the city, CitizenM has it all. There are prime views of the Empire State Building from one of three terraces located on the hotel’s rooftop, which complement the building’s edgy, modern decor. Cozy up in the silky soft linens or sweat it out in the state-of-the-art fitness center, and be sure to relax in the lantern-filled lobby and rooftop bar. Start the day with a hot or cold breakfast, check your emails on the free iMac computer station, and connect to the in-room Chromecast on the impressive flatscreen TVs.

    Amenities

    • Free wifi
    • Elevator
    • Parking
    • Disabled guest-friendly
    • Restaurant
    • Fitness and yoga center
    • 24-Hour front desk
  19. 19

    Hotel 50 Bowery

    Hotels & Accommodations in Chinatown
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    4 Stars | If you’re searching for affordable boutique hotels in NYC, Hotel 50 is beyond compare. Stunning views of the Empire State Building and One World Trade Center make the rooftop lounge one of the most sought-after locations in the city. The impressive entry, with iconic red lights illuminating the street below, perfectly encapsulates the high-class ambiance ever-present throughout every room. Thoughtful artwork, supple linens, and unmatched outdoor space make the Hotel 50 Bowery one of New York’s greatest gems.

    Amenities

    • Free wifi
    • Garden
    • Pet friendly
    • Disabled guest-friendly
    • Parking
    • Fitness center
    • 24-Hour front desk
  20. 20

    Hotel Riu Plaza Manhattan Times Square

    Hotels & Accommodations in Theatre District
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    4 Stars | Towering high above Manhattan, the Riu Plaza is a must-stay destination. Impeccable design throughout plays on the theatrical themes of nearby Broadway and Radio City Music Hall. Luxury comes standard, from the well-appointed guest rooms to the wood and marble flooring, making this one of the best cheap hotels in New York. Guests can enjoy the fitness center, lavish lounge areas, luxury bedding, and prime location of this impressive hotel.

    Amenities

    • Free wifi
    • Daily housekeeping
    • Disabled guest-friendly
    • 24-Hour front desk
    • Elevator
    • family rooms
    • Restaurant
  21. 21

    The Moore Chelsea

    Hotels & Accommodations in Chelsea
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    3 Stars | Enjoy fantastic city views and lux amenities at this moody hotel. Simplistic design, ample outdoor space, and a first-class location ensure The Moore tops the list of cool affordable hotels in NYC. Located only minutes from Madison Square Park, Penn Station, Highline Park, and world-class shopping, it’s a go-to location for those seeking cheap hotels with a luxurious feel.

    Amenities

    • Free wifi
    • Elevator
    • Daily housekeeping
    • Fitness center
    • Terrace
    • Disabled guest-friendly
    • Bar
  22. 22

    The Muse New York

    Hotels & Accommodations in Theatre District
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    4 Stars | Stay where the action is at The Muse New York. Located within the theatre district and steps from Rockefeller Center, Central Park, and Radio City Music Hall, this boutique hotel proudly promotes eco-friendly and sustainable features throughout. Beautiful downtown views, a fully equipped fitness center, flat screen TVs, and supple linens complete your stay in this sought-after hotel destination.

    Amenities

    • Hotel-wide Wifi
    • Private parking
    • Disabled guest-friendly
    • Elevator
    • Laundry
    • 24-Hour front desk
    • Family rooms
  23. 23

    Virgin Hotels New York

    Hotels & Accommodations in Midtown Manhattan
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    4 Stars | Get the most out of your vacation with the many amenities included with your stay at Virgin Hotels New York. Cool off in the rooftop pool, break a sweat in the fully-equipped fitness center, and relax in your eclectically designed room. Pops of color, retro decor, and moody lighting make this hotel one of the best places to stay in NYC for cheap, so you have more money to spend on shopping and sightseeing!

    Amenities

    • Free wifi
    • Outdoor swimming pool
    • Parking
    • Disabled guest-friendly
    • Bar
    • Room service
    • Fitness center

Find your perfect hotel in no time!

More than 100 hotels and over 70 neighborhoods to choose from –and after just 4 quick questions, I’ll show you which hotels in New York are best suited for you!

FAQ

What is the average cost of a hotel room in NYC?

Average hotel rooms in NYC cost around $235/ night.However, depending on the travel season, prices can vary greatly even within individual hotels. It is always worth comparing prices in advance.

What area is best to stay in New York?

Which neighborhood is best for one personally depends, of course, on individual wishes and needs. One person prefers to stay in a quiet area, the other loves to be in the middle of the hustle and bustle. Basically, however, you can’t go wrong with Chelsea, Lower Manhattan, Midtown, Tribeca or Chinatown.

What month are hotels cheapest in New York?

January and March are the cheapest months to book a hotel room in NYC.

Profilbild Steffen Kneist
About the author

I'm a true New York fan! Not only have I visited the city over 25 times but also have I spent several months here at a time. On my blog I show you the best and most beautiful spots of the city, so that you have a really good time! You can also find lots of insider tips in our New York travel guide. Also check out my hotel finder for New York!

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