Travel Value Finder
Lisbon Hotels | Best Budget Neighborhoods & Cheap Stays
Lisbon is one of Europe’s best cities for affordable travel, and finding the right hotel can make a big difference to your overall budget. Budget and cheap hotels in Lisbon typically cost between €65 and €140 per night, especially when you stay in well-connected neighborhoods close to metro stations. Areas like Baixa, Arroios, Avenidas Novas, and Alvalade offer the best balance of price, location, and easy access to the city’s top sights.
Best Lisbon Hotels for Budget Travelers
The highlights:
- Best overall budget area: Baixa & Rossio
- Best budget neighborhood with local vibe: Arroios
- Best affordable modern hotel: Ibis Lisboa Centro
- Best budget stay near nightlife: LX Boutique Hotel (off-season deals)
- Best overall cheap hotel near metro: Hotel Alif Avenidas
- Best cheap hotel near airport line: Hotel Roma
- Best central cheap stay near metro: Hotel Gat Rossio
- Best value for longer stays: Hotel Luena
Expect €65–€140 per night, depending on season and location.
Table of Contents
For travelers looking to save money without sacrificing convenience, staying near a Lisbon metro station is the smartest choice. The metro is fast, affordable, and connects the historic center, airport, and popular districts in under 15 minutes. In this guide, I’ll walk you through the best budget hotels in Lisbon, highlight cheap hotels near metro stations, and share the most affordable neighborhoods so you can choose the right place to stay—whether it’s your first visit or a return trip. This Lisbon hotels guide fits nicely with the Lisbon Travel Guide | Attractions, Food & Budget Tips.
In this guide, I’ll break down:
- The best budget neighborhoods in Lisbon
- Cheap hotels I’d actually recommend to a friend
- Where you get the best value vs. location
- How to save money on accommodation without sacrificing comfort
This is written for travelers who want smart value for Lisbon Hotels, not just the lowest price.
What “Budget” Means for Lisbon Hotels
Lisbon is cheaper than Paris or London, but prices have risen in recent years. Here’s how I define budget now:
- €70–€90: Basic, clean hotels slightly outside the core
- €90–€120: Central budget hotels with metro access
- €120–€140: Excellent value in prime neighborhoods (still cheaper than most capitals)
Anything below €70 usually comes with trade-offs (noise, distance, or shared facilities).
In Portugal, a well-located stay often matters more than star ratings.
Best Neighborhoods to Stay in Lisbon on a Budget
The best neighborhoods to stay in Lisbon on a budget include Baixa, Arroios, Alvalade, and Avenidas Novas. These areas are well connected by metro, safe for travelers, and offer lower hotel prices compared to the historic center while still being close to major sights.
1. Baixa & Rossio – Best Location on a Budget
This is the historic heart of Lisbon. Flat (rare here!), central, and incredibly convenient.
Why I recommend it:
- Walkable to major attractions
- Excellent metro and train connections
- Ideal for first-time visitors
- Many good-value budget hotels
Tip: Hotels here sell out fast — book early.
2. Arroios – Best Cheap Neighborhood with Local Feel
Arroios is where I’d stay if I wanted lower prices without feeling far away.
Why it works:
- Direct metro to city center
- More affordable than Baixa
- Local restaurants and cafés
- Great value for longer stays
3. Bairro Alto / Cais do Sodré – Best for Nightlife (Choose Carefully)
This area is lively and fun — but hotel choice matters.
Why stay here:
- Close to nightlife and riverfront
- Walkable to Chiado
- Good deals outside peak weekends
Tip: Check noise reviews carefully.
Best Budget Hotels in Lisbon
Budget hotels in Lisbon typically offer private rooms, central locations, and good transport access for €80–€140 per night. The best value options are found in Baixa, Arroios, and Avenidas Novas, where travelers can stay close to major attractions without paying premium city-center prices.
Table Comparison of the Best Budget Hotels in Lisbon
| Hotel | Neighborhood | Nearest Metro | Price | Best For |
| Hotel Gat Rossio | Baixa | Rossio | €85–€130 | First-time visitors, walkable central |
| Hotel Borges Chiado | Chiado | Baixa-Chiado | €90–€135 | Central, affordable, boutique feel |
| Hotel Alif Avenidas | Avenidas Novas | Saldanha | €70–€115 | Metro access & modern comfort |
| ibis Lisboa Centro | Picoas / Avenidas Novas | Picoas | €75–€120 | Reliable comfort, easy connections |
| Hotel Roma Lisboa | Alvalade | Roma–Areeiro | €65–€105 | Spacious rooms & longer stays |
| LX Boutique Hotel | Cais do Sodré | Cais do Sodré | €100–€140 | Stylish stays, riverfront, deals only |
| My Story Hotel Tejo | Baixa | Baixa-Chiado | €90–€135 | Boutique-style, central, walkable |
| Hotel Luena | Arroios | Arroios | €65–€100 | Cheapest metro-accessible stays |
Honest destination guides and hotel comparisons to help you travel smarter — at the best value.
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1. Hotel Gat Rossio – Best Cheap Hotel in Central Lisbon
Hotel Gat Rossio is one of the best budget-friendly hotels in Lisbon if you want to stay right in the historic center without paying luxury prices. Located just steps from Rossio Square, it puts you within walking distance of Baixa, Alfama, and Avenida da Liberdade.
Rooms are modern, clean, and surprisingly quiet for such a central location, making it ideal for travelers who want comfort after a long day of sightseeing. Rossio Metro Station (Green Line) is less than a 2-minute walk away, which makes airport and city travel incredibly easy.
Great value if you want location first and minimal transport costs.
Best for: First-time visitors who want to walk everywhere
Neighborhood: Rossio / Baixa
Nearest Metro: Rossio (Green Line)
Why I like it:
- Right in the city center
- Clean, modern design
- Excellent transport access
- Great for short stays
Why book this hotel:
You’re paying for location — and getting great value for it.
Typical price: €85–€130
Prices & availability subject to change via partner sites
2. Hotel Borges Chiado – Budget Stay with a Prime Address
Hotel Borges Chiado is a budget hotel in Lisbon with one of the best locations in the city. Set right in Chiado, it places you steps from cafés, shops, tram lines, and some of Lisbon’s most iconic streets—ideal if you want to walk almost everywhere.
The hotel sits directly above Baixa-Chiado Metro Station, giving you immediate access to multiple metro lines and fast connections across the city. Baixa, Bairro Alto, and the riverfront are all within easy walking distance, which can save significantly on transport costs.
Rooms are simple and functional, but the real value here is the prime address. If location matters more to you than luxury finishes, Hotel Borges Chiado offers a rare chance to stay in one of Lisbon’s most desirable neighborhoods at a budget-friendly price.
Hard to beat if you want Chiado location without paying Chiado prices. This hotel won’t win design awards, but the location is hard to beat.
Best for: Travelers who want a central address at a budget price
Neighborhood: Chiado
Nearest Metro: Baixa-Chiado (Blue & Green Lines)
Why it works:
- Walkable to Baixa and Bairro Alto
- Surrounded by cafés and shops
- Reliable, no-frills comfort
Why book this hotel:
If location matters more than style, this is a smart pick.
Typical price: €90–€135
Prices & availability subject to change via partner sites
3. Hotel Alif Avenidas – Best Budget Hotel in Arroios
Hotel Alif Avenidas is a reliable budget hotel in Lisbon located in Avenidas Novas, one of the city’s best-value neighborhoods for affordable stays. The hotel offers clean, modern rooms and a quieter atmosphere compared to the historic center, making it a good option for travelers who prefer comfort over crowds.
One of its biggest advantages is location. Saldanha Metro Station is just a short walk away, connecting you directly to the airport via the Red Line and to Baixa in minutes. The area is safe, well-lit, and filled with cafés, supermarkets, and local restaurants, which helps keep daily travel costs low.
Rooms are compact but well-designed, with air conditioning and good soundproofing—ideal after long sightseeing days. Prices are usually lower than comparable hotels in Baixa, especially outside peak season, making it a smart choice for value-focused travelers.
A great balance of price, location, and modern comfort near Lisbon’s metro. This is a great example of modern comfort at a lower price.
Best for: Budget travelers who want modern comfort near the metro
Neighborhood: Avenidas Novas / Arroios
Nearest Metro: Saldanha (Red & Yellow Lines)
Why I recommend it:
- Spacious rooms by Lisbon standards
- Excellent metro access
- Quiet, safe area
- Good value year-round
Why book this hotel:
Ideal if you want comfort and savings without staying far out.
Typical price: €75–€115
Prices & availability subject to change via partner sites
4. Ibis Lisboa Centro – Reliable & Affordable Choice
If you prefer a no-stress stay with predictable comfort, ibis Lisboa Centro Saldanha is a solid budget choice. The hotel is located in Avenidas Novas, a quieter neighborhood with excellent transport links and lower prices than the historic center.
The rooms are compact but functional, with good soundproofing and comfortable beds. Saldanha Metro Station (Red & Yellow Lines) is just a short walk away, giving you direct access to the airport and fast connections to Baixa.
Perfect for travelers who value convenience and consistency. If you like predictable quality, Ibis Lisboa Centro is a safe bet.
Best for: Reliable comfort near metro connections
Neighborhood: Avenidas Novas
Nearest Metro: Picoas (Yellow Line)
Why it works:
- Modern, soundproof rooms
- Reliable cleanliness
- Easy metro access
- Good for business or short stays
Why book this hotel:
Consistency, comfort, and fair pricing.
Typical price: €80–€120
Prices & availability subject to change via partner sites
5. Hotel Roma – Best Cheap Hotel on the Airport Metro Line
Hotel Roma Lisboa stands out among budget hotels in Lisbon for offering larger rooms than most hotels in this price range. Located in Alvalade, the area feels more residential and local, with cafés, bakeries, and shops nearby.
The hotel is directly connected to Roma–Areeiro Station, making metro and train access extremely convenient. You can reach the city center in under 15 minutes, which makes this a great option for travelers who don’t mind staying slightly outside the tourist core to save money.
A strong choice for couples or travelers staying more than a few nights.
Best for: Spacious rooms and longer stays
Area: Alvalade
Nearest Metro: Roma (Green Line)
Why it works:
- Direct airport metro access
- Larger rooms than most budget hotels
- Nearby cafés and supermarkets
- Excellent value for longer stays
Why book this hotel:
Perfect if convenience and space matter more than being ultra-central.
Typical price: €65–€105
Prices & availability subject to change via partner sites
6. LX Boutique Hotel – Budget-Friendly When Priced Right
LX Boutique Hotel is a smart budget-friendly option in Lisbon when priced right, especially for travelers who want a central location with a boutique feel. Located near Cais do Sodré, the hotel sits between the riverfront, nightlife, and major transport hubs, making it easy to explore the city on foot or by metro.
The rooms are modern and well-designed, offering more style than most hotels in this price range. Cais do Sodré Metro Station (Green Line) and the train terminal are just a short walk away, giving you fast access to Baixa, Belém, and other parts of Lisbon.
Prices at LX Boutique can vary by season and demand, but when rates fall into the budget range, it delivers excellent value for the location and comfort level. It’s best suited for short stays or travelers who plan to spend most of their time exploring the city.
Worth booking when the price dips for a stylish stay near the river. This one straddles the line between boutique and budget — but off-season, it’s excellent value.
Best for: Stylish stays near the river when prices drop
Neighborhood: Cais do Sodré
Nearest Metro: Cais do Sodré (Green Line + trains)
Why I’d consider it:
- Great riverfront location
- Easy access to nightlife and transport
- Stylish rooms
- Best booked outside peak summer
Why book this hotel:
A good deal if you catch the right price.
Typical price: €100–€140
Prices & availability subject to change via partner sites
7. My Story Hotel Tejo
My Story Hotel Tejo is a great choice for travelers who want to stay right in the heart of Lisbon without paying luxury-hotel prices. Located just steps from Baixa and Rossio, this boutique hotel puts you within easy walking distance of Lisbon’s main attractions.
Housed in a historic building, the hotel blends traditional Portuguese details with modern comfort. Rooms are cozy, well-maintained, and more stylish than your average mid-range hotel. The surrounding area is packed with cafés, bakeries, and restaurants, and you can reach Alfama, Chiado, and Bairro Alto on foot.
Rossio Metro Station (Green Line) is only a short walk away, making it easy to connect to other parts of the city if needed — though you’ll rarely need public transport from this location.
A strong pick for travelers who want charm, convenience, and a central base.
Best for: Central stays with classic Lisbon charm and walkable sightseeing
Area: Baixa / Rossio
Nearest Metro: Rossio (Green Line)
Why I’d stay here:
- Excellent central location
- Walkable to major sights
- Charming boutique feel
- Easy metro access
- Great base for short city stays
Why book this hotel:
Perfect for travelers who want a classic Lisbon stay right in the city center.
Typical price: €110–€160 per night
Prices & availability subject to change via partner sites
8. Hotel Luena – Best Cheap Hotel for Longer Stays Near Metro
Hotel Luena is a practical choice for travelers focused on price and metro access. Located in Arroios, this hotel sits in one of Lisbon’s most affordable neighborhoods while still being well connected to the city center.
Rooms are simple but clean, and the area offers plenty of casual restaurants and cafés. Arroios Metro Station (Green Line) is just a few minutes away, making it easy to reach Baixa and Rossio quickly.
A good pick for budget travelers who prioritize value over luxury.
Best for: Cheap stays near metro with local vibe
Area: Arroios
Nearest Metro: Arroios (Green Line)
Why I’d stay here:
- Lower prices than central Lisbon
- Direct metro to Baixa
- Local restaurants nearby
- Good value for extended stays
Why book this hotel:
Great option for budget travelers who prioritize price and transport.
Typical price: €65–€100
Prices & availability subject to change via partner sites
Tips for Booking Cheap Hotels Near Metro in Lisbon
Booking cheap hotels in Lisbon is easier when you travel outside peak summer months, choose metro-connected neighborhoods, and book midweek. Comparing locations rather than hotel names often leads to better prices and better value. Refer to these tips:
- Red Line stations = easiest airport access
- Avoid hotels that rely only on trams (slower, crowded)
- Slightly outside Baixa = better value
- Always check walking distance to the station (under 5 minutes is ideal)
- Travel January–March or November for lowest prices
- Book midweek for better deals
- Compare metro-accessible neighborhoods to maximize value
- Check guest reviews for noise, cleanliness, and transport proximity
Is It Better to Stay Near a Metro Station in Lisbon?
Staying near a metro station in Lisbon makes it easier to reach major attractions, the airport, and surrounding neighborhoods quickly. Lisbon hotels located near metro stations often cost less than central hotels while still saving time and transportation expenses, making them a smart choice for budget-conscious travelers.
- Reduces travel time and walking on Lisbon’s hills
- Saves money on taxis or trams
- Connects you quickly to airport, historic districts, and nightlife
- Metro lines: Green (Baixa, Rossio), Red (airport), Yellow (business + budget areas)
Where to Stay in Lisbon Without Breaking the Bank: Affordable Lisbon Hotels in Great Locations
One thing I always tell friends before they book a hotel in Lisbon is to stay near a metro station. Lisbon is beautiful, but it’s hilly, spread out, and surprisingly tiring if you’re walking everywhere.
The good news? You don’t need to stay in the historic center to save time or money. Lisbon’s metro system is clean, safe, and efficient — and some of the best cheap hotels are located just a few steps from metro stations that connect you straight to Baixa, Alfama, the airport, and even the beach.
Lisbon hotels offer excellent value, with affordable stays near metro stations priced between €65 and €140 per night. The best areas for budget hotels in Lisbon include Baixa, Arroios, Avenidas Novas, and Alvalade, all providing quick access to the city center and Lisbon Airport.
Frequently Asked Questions About Lisbon Hotels
Travelers searching for budget hotels in Lisbon often ask about safety, pricing, metro access, and the best areas to stay. The answers below address the most common questions to help you choose the right hotel for your trip.
1. What is the cheapest area to stay in Lisbon?
The cheapest areas to stay in Lisbon are Arroios, Alvalade, and Avenidas Novas, where hotel prices are lower and metro access is excellent. These neighborhoods offer direct connections to Baixa and the historic center without paying city-center prices.
2. Are there cheap hotels in Lisbon near the metro?
Yes, Lisbon has many cheap hotels located within walking distance of metro stations, especially along the Green, Red, and Yellow lines. Areas like Rossio, Saldanha, Arroios, and Alvalade offer affordable hotels with fast access to major attractions and the airport.
3. How much do budget hotels in Lisbon cost per night?
Budget hotels in Lisbon typically cost between €65 and €140 per night, depending on location, season, and proximity to metro stations. Hotels outside the historic center but near metro lines usually offer the best value.
4. Is it better to stay in Baixa or Arroios on a budget?
Baixa is better for first-time visitors who want to walk to major attractions, while Arroios is better for budget travelers looking for lower prices and a more local feel. Arroios hotels are usually cheaper and still connect directly to Baixa by metro.
5. Which metro line is best for tourists staying in Lisbon?
The Green Line is ideal for tourists because it connects Rossio, Baixa, and Cais do Sodré. The Red Line is best for airport access, while the Yellow Line offers good value hotel options in quieter neighborhoods.
6. Are cheap hotels in Lisbon safe?
Yes, most cheap and budget hotels in Lisbon are safe, especially those near metro stations in residential neighborhoods. Areas like Avenidas Novas, Alvalade, and Arroios are well-lit, well-connected, and popular with both locals and travelers.
7. Can you stay outside the city center and still see Lisbon easily?
Yes, you can. Lisbon’s metro system makes it easy to stay outside the city center and reach major attractions in 10–15 minutes. Staying near a metro station often saves money without sacrificing convenience.
8. What is the best area to stay in Lisbon for first-time visitors on a budget?
For first-time visitors, Baixa and Rossio are the best budget-friendly areas because they are flat, central, and well-connected by metro. Budget hotels here cost more than outer areas but save time and transport costs.
9. Are Lisbon hotels cheaper than other European capitals?
Yes. Lisbon hotels are generally cheaper than those in Paris, London, or Amsterdam. Budget travelers can still find clean, well-located hotels near metro stations for under €120 per night, especially outside peak summer months.
10. When is the best time to find cheap hotels in Lisbon?
The best time to find cheap hotels in Lisbon is January–March and November, when demand is lower. Prices also drop midweek and outside major festivals and public holidays.
Where to Stay in Lisbon Without Breaking the Bank: Affordable Lisbon Hotels in Great Locations
One thing I always tell friends before they book a hotel in Lisbon is to stay near a metro station. Lisbon is beautiful, but it’s hilly, spread out, and surprisingly tiring if you’re walking everywhere.
The good news? You don’t need to stay in the historic center to save time or money. Lisbon’s metro system is clean, safe, and efficient — and some of the best cheap hotels are located just a few steps from metro stations that connect you straight to Baixa, Alfama, the airport, and even the beach.
Lisbon hotels offer excellent value, with affordable stays near metro stations priced between €65 and €140 per night. The best areas for budget hotels in Lisbon include Baixa, Arroios, Avenidas Novas, and Alvalade, all providing quick access to the city center and Lisbon Airport.
Find More Budget Tips to Lisbon Travel Guide
Pages That Support This Guide
To help with deeper planning, this page connects to Lisbon Travel Guide such as:
- Lisbon Travel Guide 2026: Attractions, Food & Budget Tips
- Things to Do in Lisbon | Lisbon Attractions, Free & Cheap Experiences
- Lisbon Food | Cheap Eats & Affordable Dining Guide
- Lisbon Hotels | Best Budget Neighborhoods & Cheap Stays
- Lisbon on a Budget: Daily Expenses & Money-Saving Tips
