Affordable Accommodation Options in Lisbon

If you’re planning a trip to Lisbon and looking for affordable accommodation options, you’re in luck. Lisbon offers a range of budget-friendly hotels and hostels that provide comfort without breaking the bank. We have gathered information from various sources to help you find the best and cheapest places to stay in Lisbon.

Here are some recommendations for affordable accommodation in Lisbon

1: The Independente Hostel & Suites, Lisbon

Offering a combination of private rooms and dormitories, The Independente Hostel in Lisbon provides a stylish and affordable place to stay. Located in the trendy Bairro Alto neighborhood, it’s surrounded by lively bars and restaurants.

The Independente Hostel & Suites: This trendy hostel is highly appreciated by travelers for its stylish interiors and convenient location. An average rating of 9.0/10 reflects high-quality service and comfortable accommodation. Nestled in the bustling Bairro Alto neighborhood, it provides an excellent base for exploring the city’s vibrant nightlife. The price for a bed in a dorm room at The Independente Hostel starts from just €20 per night, making it a budget-friendly option for travelers.

2: Residencial Florescente

Another highly rated option, Residencial Florescente, provides excellent value for money. Situated in the heart of Lisbon, this hotel offers clean and cozy rooms at affordable prices.

Residencial Florescente has an impressive guest rating of 8.8 out of 10 on various review platforms, indicating high customer satisfaction. This hotel is known for its attentive staff, clean facilities, and central location. The starting price for a standard double room, including breakfast, is €45 per night. However, as with all accommodations, prices may fluctuate depending on the season and availability.

3: Montebelo Vista Alegre Lisboa Chiado Hotel

If you’re looking for a slightly higher-end budget option, this hotel offers comfortable rooms with great amenities at competitive prices.

This hotel stands out among budget accommodations for its premium services and facilities. It boasts a rating of 8.9/10, indicating high customer satisfaction. Though a tad pricier than the other options listed, with starting rates from €70 per night, it offers exceptional value for its quality; It is an excellent choice for travelers looking for a bit more luxury on a budget.

4: Blue Liberdade Hotel

This hotel provides affordable rates without compromising on quality. It’s located in a prime location, making it a convenient choice for exploring Lisbon’s attractions.

Blue Liberdade Hotel known for its quality service and amiable staff, this hotel enjoys a commendable rating of 8.5/10. Its location, nestled in the heart of Lisbon, is a bonus for tourists. The starting price for a standard room at Blue Liberdade Hotel is approximately €45 per night, making it a budget-friendly option while offering a comfortable stay.

5: Lisbon Central Hostel

For budget-conscious travelers who prefer a hostel experience, Lisbon Central Hostel is a top recommendation. It offers clean and comfortable dormitory-style accommodations at affordable prices.

Highly appreciated by budget travelers, Lisbon Central Hostel provides a warm and pleasant environment. It boasts a high satisfaction rating of 9.3/10, reflecting its superb service and clean facilities. The starting price for a bed in a dorm room at Lisbon Central Hostel is a modest €10 per night, making it an extremely affordable option for those visiting Lisbon.

6: Good Morning Solo Traveller Hostel, Lisbon

This hostel caters specifically to solo travelers, providing a friendly and sociable atmosphere. With affordable rates and positive reviews, it’s a great option for those seeking budget-friendly accommodation.

This hostel is trendy among solo travelers due to its welcoming and inclusive environment. It’s well-rated with a rating of 8.7/10, a testament to its exceptional service and comfortable facilities. The starting price for a bed in a dorm room at Good Morning Solo Traveller Hostel is only €15 per night, making it an attractive and economical choice for those traveling alone to Lisbon.

7: Hotel Roma

Located in central Lisbon, Hotel Roma is an excellent choice for budget travelers. With positive reviews and reasonable rates, it offers comfortable rooms and convenient access to popular attractions.

Hotel Roma maintains a high guest rating of 8.5 out of 10 on popular review platforms, reflecting the overall satisfaction of past visitors. The starting price for a standard double room, including breakfast, is an affordable €50 per night. Please note prices may vary depending on the season and availability.

8: Hotel 1908

This boutique hotel offers a unique and affordable stay in Lisbon. Located in the central Intendente neighborhood, it features stylish rooms at reasonable prices.

A boutique hotel with a distinctive personality, Hotel 1908 is a favorite among travelers seeking both affordability and style. Its commendable rating of 9.2/10 showcases its commitment to quality service and comfort. It is located in the vibrant Intendente neighborhood and provides easy access to various attractions. The starting price for a standard room at Hotel 1908 is approximately €60 per night, presenting an excellent value for those wishing to experience Lisbon without overspending.


These recommendations are based on reviews and ratings from various sources, including,, Kayak, TripAdvisor, Expedia, Budget Traveller, Condé Nast Traveler, Time Out, and more.

Remember to book in advance to secure the best rates, and always check the latest information and availability directly with the accommodation provider.

Enjoy your stay in Lisbon without breaking the bank!

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