Let’s be honest—New York City is expensive. Between Broadway tickets, sightseeing tours, and slices of $5 pizza, your wallet can feel like it's on a diet. But here's the truth: you don't need to blow your budget on a hotel room. NYC offers plenty of charming, clean, and affordable hotels that keep you close to all the action—without draining your travel fund.

Whether you're here for a quick weekend getaway, a business trip, or your very first time exploring Times Square, you can find a comfortable stay for under $150 a night (yes, really!). The key is knowing where to look, when to book, and what to expect. This article is your complete guide to the best budget hotels in New York City, with insider tips to help you score a great deal.

You’ll discover hotels that don’t skimp on style, safety, or convenience. We’ve reviewed the top-rated options based on location, value for money, amenities, and genuine guest reviews. Whether you prefer a boutique vibe in Brooklyn, a micro-hotel in Midtown, or a quirky hostel with a rooftop view, you’ll find your perfect budget-friendly match here.

1. Pod Times Square – Stylish Yet Affordable [Explore availability]
 400 W 42nd St, Manhattan

If you're looking for innovative design and a central location, Pod Times Square delivers. The rooms are compact, modern, and efficient, with built-in furniture to maximize space. Bonus: you're just a few blocks from Times Square, Hudson Yards, and Broadway theaters.

Photo: booking.com

2. The Jane Hotel – Vintage Charm on a Budget [Explore availability]

113 Jane Street, West Village

Initially built for sailors in 1908, The Jane is full of quirky, retro charm. Think wood-paneled walls, bellhops in uniforms, and a historic ballroom-turned-lounge. Rooms are compact, with some featuring shared bathrooms, but the vintage ambiance makes it a special place.

Photo: booking.com

3. Moxy NYC Downtown – Chic Meets Cheap [Explore availability]
26 Ann St, Manhattan (Financial District)

Moxy by Marriott is known for trendy style and fun amenities—and this downtown location doesn’t disappoint. The hotel includes a cocktail bar, foosball tables, and even podcast booths. The rooms are modern and compact with industrial flair.

Photo: booking.com

4. The Local NYC – Boutique Hostel With a View [Explore availability]
13-02 44th Ave, Long Island City

A hostel with hotel-level cleanliness and a welcoming community feel, The Local NYC is a favorite among solo travelers and creatives. Enjoy rooftop views of Manhattan, plus private rooms or shared dorms.

Photo: booking.com

5. Arlo SoHo – Micro Rooms With Major Style [Explore availability]
231 Hudson St, Manhattan (SoHo)

Arlo SoHo offers small but super-stylish rooms packed with innovative design features. Ideal for minimalists who want luxury touches at a more affordable price. It’s close to SoHo’s best shopping and nightlife.

Photo: booking.com

6. LIC Hotel – Queens’ Affordable Gem [Explore availability]
44-04 21st St, Long Island City

Tucked away in Queens, just one subway stop from Manhattan, LIC Hotel offers spacious rooms, a free breakfast, and rooftop access. It’s a great base for exploring NYC without high Manhattan prices.

Photo: booking.com

7. Hotel Mimosa – A Cozy Stay in Chinatown [Explore availability]

79 Division St, Manhattan

Small, family-run, and full of heart, Hotel Mimosa offers cozy rooms in a bustling area filled with amazing food. It’s quiet, comfortable, and clean, making it one of the best-kept secrets in NYC. 

Photo: booking.com

8. Freehand New York – Boho Vibes Without the Price Tag [Explore availability]

23 Lexington Ave, Manhattan (Flatiron District)

Artsy and youthful, Freehand New York blends boutique hotel chic with hostel-like community. The interiors are curated with local art, and there's a bar, café, and game room on-site. 

Photo: booking.com

9. The Bowery House – Retro Hostel in a Prime Spot [Explore availability]
220 Bowery, Manhattan (Nolita)

Located in one of Manhattan’s coolest neighborhoods, The Bowery House offers capsule-style rooms with shared bathrooms. It’s ideal for travelers who prioritize location and vibe over space.

Photo: booking.com