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. I’ve handpicked 8 of the best budget-friendly hotels in Lisbon that combine location, comfort, and great value. Whether you’re traveling solo, with friends, or as a couple, you’ll find something that suits your style (and wallet). I personally have stayed in these hotels and can honestly say that I would pick each of them again without a doubt. It’s all about a right price! 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!
LX Boutique Hotel – Baixa / Cais do Sodré – click here to book on booking.com
- Rating: 8.9+ on Booking.com
- Price: From $73 (€65) per night
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 – click here to book on booking.com
- Rating: 8.4+ on booking.com
- Price: from £134 – depending on season
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 – click here to book on booking.com
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- Rating: Around 8.4+ on Booking.com
- Price: From £75 (depends on the season)
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 – click here to book on booking.com
- Rating: Very good 8.4+ on booking.com
- Price: From €90
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 – click to book on bookking.com
- 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 – click to book on booking.com
- Rating: 9.3+ one booking.com
- Price: £139 (~€160) including B&B
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 – click here to book on booking.com
- Rating: 8.6+ on booking.com
- Price: Around €120
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 – click here to book on booking.com
- Rating: 8.9+ on booking.com
- Price: From £85
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
1. 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.
2. 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.
3. Which neighborhoods 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.
4. 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.
5. 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.
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 💛