Planning a trip to Lisbon on a budget? You’re in luck. This lively Portuguese capital is full of stylish, affordable places to stay—if you know where to look.
Lisbon has quickly become one of the most sought-after city break spots in Europe, drawing millions of tourists each year with its charming historic neighborhoods, lively food culture, pleasant weather, and great value compared to many other Western European capitals. Consequently, hotel prices in Lisbon have risen in recent years, reflecting a broader global trend of increasing accommodation costs.
Around the globe, hotel rates have surged due to heightened demand, rising operational expenses, and a robust recovery in travel — and Lisbon is no different. The silver lining, however, is that Lisbon still provides quite affordable hotel options, especially when stacked against cities like Paris, Amsterdam, London, or Rome.
In this guide, when I mention “affordable” or “cheap” hotels in Lisbon, I am talking about quality accommodations in great locations that deliver excellent value for your money, rather than basic or subpar lodging.
Remember, the more in advance you plan, the better chances you have to find it at a better rate. I hope you will be able to find something suitable for your amazing Lisbon trip!
What Does “Cheap” Mean in Lisbon?
Knowing the local prices helps you have realistic expectations and prevents disappointment.
Here’s what you can generally expect when booking hotels in Lisbon:
€70–€90 per night
You can find clean and simple hotels or budget-friendly boutique options, usually located a bit outside the historic center or in quieter areas near a metro station. The rooms are typically small but comfortable and well-rated.
€90–€120 per night
This is the ideal range for affordable hotels in Lisbon. In this price bracket, you can find hotels in central areas like Baixa, Rossio, Chiado, or Avenida da Liberdade, featuring modern rooms, private bathrooms, good soundproofing, and often breakfast included.
€120–€150 per night
This range is still considered a good deal for Lisbon, especially during busy seasons. Hotels here often provide larger rooms, stylish interiors, better views, and additional amenities like rooftop bars or riverside locations.
Compared to many major European cities, where similar hotels can cost €180–€250 per night or more, Lisbon is a place where you can stay centrally without spending too much—if you know where to look.
| Hotel | Area | Average price | Best For | Booking |
|---|---|---|---|---|
| LX Boutique Hotel | Baixa / Cais do Sodré | €100–€150 | Couples, stylish stay | 🔗 Check availability |
| Hotel Gat Rossio | Baixa (Rossio) | €80–€120 | Central + value | 🔗 View deals |
| Fenicius Charme Hotel | Intendente / Arroios | €80–€120 | Local vibe | 🔗 Compare prices |
| TURIM Alameda Hotel | Alameda | €90–€130 | Families, longer stays | 🔗 Check prices |
| 1908 Lisboa Hotel | Anjos / Arroios | €110–€170 | Central stays | 🔗 See availability |
| Hotel Principe Lisboa | Saldanha | €90–€140 | Quiet + metro access | 🔗 Find deals |
| Hotel White Lisboa | Saldanha | €80–€120 | Local vibe | 🔗 View offers |
| Residencial Florescente | Baixa | €90–€140 | Traditional charm | 🔗 Check rates |
Price Disclaimer
Accommodation prices in Lisbon fluctuate throughout the year due to seasonality, demand, and availability. The price ranges mentioned in this article are based on recent average nightly rates and are provided for guidance only. Actual prices may differ depending on travel dates, length of stay, room type, and booking platform. I recommend checking live prices and availability via the booking links before making a reservation.
👉 Tip: Hotels in Lisbon often offer free cancellation — book early to secure a good rate and recheck prices closer to your travel date.
LX Boutique Hotel – Baixa / Cais do Sodré – check prices
Why Choose It
- Central location only ~1.4 km from Praça do Comércio & Rossio.
- Sleek boutique design, hot tub, bar, family‑friendly and bike rental.
- Excellent breakfast, friendly staff.
- Perched between Baixa and trendy Cais do Sodré, LX Boutique Hotel is a standout for travelers wanting to stay in the heart of the action—close to Lisbon’s vibrant nightlife and riverside scenery.
- The hotel blends urban sophistication with cozy charm. Sleek, contemporary interiors feature cool blue tones that nod to Lisbon’s maritime heritage. Each floor is themed, and the rooms are both stylish and functional. Many offer fantastic city or river views.
- You’ll find a welcoming bar, an outdoor hot tub, and even a bike rental service, perfect for exploring the waterfront or cycling along the Time Out Market.
Ideal For: Couples and families who want stylish, comfortable rooms near Lisbon’s bustling riverside and nightlife.
Hotel Gat Rossio – Baixa – check prices
Why chose it
- Location is everything—and Hotel Gat Rossio nails it. Situated in the Baixa district just off Rossio Square, you’re within walking distance of the Santa Justa Lift, the Bairro Alto, and countless shops, restaurants, and trams.
- The hotel offers modern, minimalist rooms that are clean and comfortable.
- There’s a sunny rooftop terrace where guests can unwind with a drink while taking in views of Lisbon’s hills and rooftops. Travelers love the value-for-money here. You’ll get free Wi-Fi, a hearty breakfast, and a super central base without the hefty price tag.
Ideal For: Solo travelers and couples who want to be immersed in Lisbon’s buzz while staying on budget.
Fenicius Charme Hotel – Intendente / Arroios – Check prices
Why Choose It
- Accessible via Intendente metro, with authentic Portuguese décor.
- Amenities include Wi‑Fi, breakfast buffet, bar/lounge.
- Intendente is vibrant: street art, local cafés, tram access.
- Tucked away in the culturally rich neighborhood of Intendente, Fenicius Charme Hotel offers a colorful, art-forward experience. The interior decor is inspired by Portuguese artists, poets, and local heritage—creating an immersive atmosphere from the moment you enter.
- Rooms are bright and spacious, many featuring balconies with panoramic views. Guests appreciate the breakfast buffet, comfortable beds, and helpful staff. You’ll also find a chic lounge area and a convenient on-site bar.
- Intendente is one of Lisbon’s most exciting emerging areas, full of local cafes, murals, music venues, and authentic Portuguese eateries—without the tourist crowds.
Ideal For: Culture lovers and budget-conscious travelers seeking an atmosphere-rich stay.
Turim Alameda Hotel – Alameda – check prices
Why Choose It
- 70-room boutique, modern with air-conditioning, reading room, baby facilities.
- A short walk from Alameda Metro and metro to major sights.
- The Turim Alameda Hotel offers a slightly more residential feel while keeping you well-connected to the city’s highlights. It’s just a short stroll from Alameda Metro Station, offering direct access to downtown Lisbon and the airport.
- This 70-room boutique hotel is stylish and modern, with perks like air-conditioning, soundproof rooms, a reading room, and even baby facilities—making it especially appealing for families.
- It’s a quieter spot to rest, ideal after long sightseeing days. There’s also a good breakfast selection, friendly multilingual staff, and 24-hour reception service.
Ideal For: Families or longer-stay visitors looking for space and convenience.
Hotel Principe Lisboa – Saldanha – check prices
- Rating: 9.1+ on booking.com
- Price: From ~€95
Why Choose It
- Steps from Saldanha metro, close to Gulbenkian Museum.
- Free Wi‑Fi, bar, breathable modern interiors.
- Travellers love the location and service.
- Modern, welcoming, and minutes from the Gulbenkian Museum, Hotel Principe Lisboa sits in the Saldanha neighborhood—a business-meets-boutique area with fewer crowds and more locals.
- Rooms are sleek with light-wood accents, flat-screen TVs, and large windows. Despite its budget-friendly price, the hotel feels polished and professional. Travellers rave about its cleanliness, fast Wi-Fi, and proximity to the metro (just 2 minutes away).
- While not smack in the tourist center, you’re only a 10-minute ride to downtown, making it a strategic base for exploring Lisbon while enjoying a bit of peace and quiet.
Ideal For: Culture enthusiasts, museum-goers, or those wanting calm without losing city access.
1908 Lisboa Hotel – Anjos / Arroios – check prices
Why Choose It:
- Art nouveau building with murals by Vanessa Teodoro and Bordalo II.
- Some rooms feature rainfall showers, freestanding tubs.
- On-site restaurant “Infame” is a local draw.
- Housed in a stunning Art Nouveau building, 1908 Lisboa Hotel is a favorite among design-lovers and Instagram aficionados. The interiors are filled with bespoke Portuguese art, featuring murals from iconic artists like Vanessa Teodoro and Bordalo II.
- Each room is unique, mixing traditional features like wrought-iron balconies and tall windows with chic, contemporary decor. Some suites come with freestanding tubs and rainfall showers—luxuries you wouldn’t expect at this price point.
- Don’t miss the on-site restaurant Infame, a stylish hotspot serving modern Portuguese dishes and craft cocktails.
Ideal For: Art enthusiasts and millennial travelers seeking Instagram-worthy design
Hotel White Lisboa – Saldanha – check prices
Why Choose It:
- Modern minimalist rooms with rooftop plunge pool and bar.
- Excellent metro access—great transport hub.
- Sleek white-and-wood interiors, quieter residential vibe.
- For lovers of minimalism, Hotel White Lisboa is a dream. Located in the upscale Saldanha district, this hotel is a refreshing oasis of whitewashed calm, paired with blonde wood furniture and sleek finishes.
- Rooms are small but beautifully designed. There’s a rooftop plunge pool and bar offering panoramic views—perfect for evening unwinding with a glass of vinho verde.
- You’re steps from two major metro lines, giving you fast access to downtown, the airport, and beyond. The area itself is quieter, with wide boulevards, local eateries, and less foot traffic.
- Ideal For: Design-conscious travelers wanting calm without sacrificing access.
Residencial Florescente – Baixa – check prices
Why Choose It:
- Located in an 18th-century townhouse near Theatre Politeama.
- Rooftop terrace with city views, hearty breakfast, and personal service.
- Residencial Florescente delivers warmth, personality, and location in spades. Housed in an 18th-century townhouse in central Baixa, it exudes authentic Lisbon charm, with tiled stairwells, wrought-iron balconies, and vintage furnishings.
- Guests rave about the personalized service from the family-run team, as well as the generous buffet breakfast and cozy rooftop terrace with views over the city’s rooftops and hills.
- It’s steps away from Restauradores Metro, Avenida da Liberdade, and the theatre district—yet retains a peaceful, homely vibe.
- Ideal For: Travelers seeking local atmosphere and heartfelt hospitality.
Booking Hotels in Lisbon Tips & Tricks
- Book Early: Lisbon is popular year-round and rooms fill fast in summer.
- Check cancellation policies: Many hotels offer flexible rates—handy if plans shift.
- Include breakfast: It often adds great value and keeps you fueled for exploring.
- Metro access is a game-changer: Even staying off-peak becomes easy with excellent transport.
- Read recent reviews: Management and service can change—stay updated.
FAQ – Affordable Hotels in Lisbon
Is £70–£90 per night realistic for central Lisbon hotels?
Yes! With smart choices and flexible dates, you can often find clean, modern rooms in great locations within this range, especially off-peak. It does take time to find the accommodation that ticks all the boxes, and remember that prices change depending on the time of your stay.
Do these hotels have affordable family rooms?
Yes. LX Boutique, Turim Alameda, and Residencial Florescente offer family or triple rooms that balance space, comfort, and price.
Which neighbourhoods offer the best local vibe?
Intendente and Arroios are buzzing with arts, cafés, and local life. Saldanha and Alameda are more residential but well-connected. Baixa is perfect for those wanting maximum access to tourist hotspots.
Are these hotels near public transportation?
Absolutely—all eight are either on or within walking distance of Lisbon’s metro or major tram lines—making sightseeing easy.
Can I book these using affiliate links?
Yes! Click through the “Book it” buttons to check availability and rates—it helps support the blog at no extra cost to you.
When is the cheapest time to book hotels in Lisbon?
The cheapest time to book hotels in Lisbon is during the low season, from November to February (excluding holidays). Mid-week stays are usually cheaper than weekends, even during popular months.
Can I find affordable stay in Lisbon?
Lisbon proves that budget travel doesn’t have to mean sacrificing style and comfort. These eight hotels offer unique experiences—whether you’re dreaming of rooftop views, local immersion, or Instagram-ready art. Whichever you pick, booking early and checking for flexible deals can help you enjoy this beautiful city without stress.
Planning a Lisbon trip? Use the “click here to book on booking.com” links above to reserve your stay through Booking.com—it’s fast, easy, and supports this blog at no extra cost to you 💛