Visiting New York City doesn’t have to come with a high price tag. While the Big Apple is known for its luxury accommodations, there are plenty of budget-friendly hotels that offer comfortable stays, great locations, and essential amenities without breaking the bank. Whether you’re a solo traveler, family, or business visitor, finding an affordable hotel in NYC means you can save on accommodations and spend more on exploring iconic attractions like Times Square, Central Park, and the Statue of Liberty.
Many budget hotels in NYC provide complimentary Wi-Fi, easy access to public transportation, and well-equipped rooms, making them great options for travelers who want both affordability and convenience. Whether you prefer a trendy boutique hotel in Manhattan or a cozy spot in Brooklyn, there’s an option for every traveler.
In this guide, we’ll highlight the five best budget-friendly hotels in New York City, ensuring a comfortable and affordable stay in the city that never sleeps.
The Central Park North
Located in Harlem, just a short walk from Central Park, The Central Park North is one of the best cheap hotels in New York, offering budget-friendly accommodations with easy access to top attractions. With 12 cozy rooms, rates start at $100 per night (check deals here), making it an excellent choice for budget travelers, solo explorers, and families.

The hotel features free Wi-Fi, air-conditioned rooms, and kitchenettes in select units, allowing guests to enjoy a comfortable and affordable stay. The proximity to subway lines makes exploring NYC convenient.
Nearby dining options include Levain Bakery for freshly baked cookies and Red Rooster Harlem for soul food and live music. Attractions such as Central Park, the Apollo Theater, and the Museum of the City of New York are within walking distance.
The Park Ave North
Located in Harlem, The Park Ave North is one of the best budget-friendly hotels in New York, offering modern accommodations at an affordable price. With 14 well-equipped rooms, rates start at $110 per night (check deals here), making it a great choice for solo travelers, couples, and budget-conscious visitors.

The hotel features free Wi-Fi, air conditioning, flat-screen TVs, and mini-fridges in every room. Guests appreciate the clean and comfortable environment, along with easy access to subway lines, making it convenient to explore the city.
Nearby dining options include Sylvia’s for classic soul food and Harlem Shake for delicious burgers and milkshakes. Attractions such as Central Park, the Apollo Theater, and the National Jazz Museum in Harlem are just a short walk away.

Pod 51 Hotel
Located in Midtown East, Pod 51 Hotel is one of the best affordable hotels in New York, offering modern, space-efficient rooms at budget-friendly prices. With 348 compact yet stylish rooms, rates start at $120 per night (check deals here), making it an excellent choice for solo travelers, young tourists, and budget-conscious visitors.

The hotel features free Wi-Fi, a rooftop terrace with city views, and a social lounge for guests to relax and connect. Rooms include smart storage solutions, flat-screen TVs, and en-suite or shared bathrooms, making it a functional and affordable choice in Manhattan.
Dining options include Clinton Hall, the hotel’s casual beer garden, and Ess-a-Bagel, a local favorite for New York-style bagels. Nearby attractions such as Rockefeller Center, Times Square, and the United Nations Headquarters are within walking distance.

West Side YMCA
Located on New York’s Upper West Side, just steps from Central Park, West Side YMCA is one of the best affordable hotels in New York, offering basic yet comfortable accommodations at budget-friendly rates. With 377 simple rooms, rates start at $90 per night (check deals here), making it a great choice for backpackers, solo travelers, and budget-conscious tourists.
The hotel features shared bathrooms, free Wi-Fi, and access to a full-service fitness center, including a swimming pool and sauna. Guests appreciate the safe, clean environment and prime location near major attractions.

Nearby dining options include Café Fiorello for Italian cuisine and Levain Bakery for fresh cookies and coffee. Attractions such as Lincoln Center, the Museum of Natural History, and Columbus Circle are within walking distance.

Carlton Arms Hotel
Located in Gramercy, near Midtown Manhattan, Carlton Arms Hotel is one of the most artistic affordable hotels in New York, offering budget-friendly rates and a creative atmosphere. With 54 uniquely decorated rooms, rates start at $100 per night (check deals here), making it an excellent choice for art lovers, solo travelers, and budget-conscious guests.

The hotel features free Wi-Fi, pet-friendly accommodations, and vibrant hand-painted murals in every room. While bathrooms are shared, the hotel’s quirky and colorful charm makes it a memorable stay for adventurous travelers.
Nearby dining options include Shake Shack for casual burgers and Gramercy Tavern for an upscale dining experience. Attractions such as Madison Square Park, the Flatiron Building, and the Empire State Building are within walking distance.
