10 Best Budget Hotels in Budapest Under €100

10 Best Budget Hotels in Budapest Under €100

Expert picks

10 Hotels

Budapest remains one of the few European capitals where a €70 budget does not relegate you to a windowless basement or a suburban wasteland. The city is currently in a sweet spot of hospitality where international brands like ibis compete fiercely with local boutique concepts, driving up quality while keeping rates grounded. This curated selection focuses on hotels that deliver more than just a place to sleep. We have looked for properties that offer specific strategic advantages, whether that is a five minute walk to the Széchenyi Thermal Bath or a complimentary minibar in the heart of the theater district.

Prices in this category fluctuate, but you can consistently find rooms for under €100 if you avoid the peak of the Formula 1 weekend or the Sziget Festival. The trade-offs here are honest. You might sacrifice a view of the Parliament for a room that is soundproofed against the noise of the Jewish Quarter, or trade a historic lobby for a high speed M2 metro connection at your doorstep. We have ranked these based on their value proposition, placing the Royal Park Boutique Hotel at the top for its unbeatable €50 starting price and its position directly across from the city's main international train station. Whether you are here for the nightlife of District VII or the grand museums of District VI, these picks ensure you stay central without overspending.

Royal Park Boutique Hotel#1
From €50/night

At €50 per night, this is the best value in the city. Its location directly opposite Keleti Railway Station makes it perfect for those arriving by international train. While the area is busy, the soundproofed windows and inner courtyard rooms are highly effective. The design is surprisingly sharp for the price, featuring bold reds and modern textures that elevate it far above a standard transit hotel.

Located directly opposite Keleti Railway Station (2-minute walk)Soundproofed windows for noise reductionInner garden courtyard rooms for enhanced quiet
Danubius Hotel Arena#2
From €65/night

This is the go-to choice for anyone attending an event at Puskás Arena. At €65, getting access to a full sized heated indoor pool and Finnish sauna is a rarity. It is a functional, business-oriented 4-star property that prioritizes fitness and convenience. The M2 metro station is right outside, meaning you can be in the city center in under ten minutes despite the District 14 location.

Heated indoor swimming pool and Finnish saunaDirect adjacency to Puskás Arena and Papp László SportarénaImmediate access to M2 Metro (Puskás Ferenc Stadion station)
ibis Budapest Heroes Square#3
From €65/night

Location is everything here. Sitting just five minutes from the Széchenyi Thermal Bath for €65 is an incredible deal. The rooms are standard ibis fare, but the views of the Budapest Zoo and the proximity to City Park make it feel much more upscale. It is the most strategic base for families or travelers who want to spend their mornings soaking in the baths.

Immediate proximity to the Széchenyi Thermal Bath (5-minute walk)Rooms with direct views of the Budapest Zoo and Botanical GardenLocated adjacent to the iconic Heroes' Square and Museum of Fine Arts
NEXTO DORMERO Hotel Budapest (formerly Star Inn)#4
From €65/night

Formerly the Star Inn, this rebranded property offers a more sophisticated vibe in District VI for €65. The standout feature is the free minibar on arrival and the fact that pets stay for free, which is almost unheard of at this price point. It is tucked away on a quiet side street but remains just a three minute walk from the high energy of the city center.

Complimentary minibar stocked on arrivalPets stay free of charge policyQuiet inner courtyard terrace and garden
Maverick City Lodge#5

Maverick City Lodge

Budget Hotels
From €65/night

Located in the prestigious District V, this lodge bridges the gap between a high end hostel and a boutique hotel. For €65, you get an industrial-chic aesthetic and a prime location near the Danube and Váci Street. It is perfect for social travelers who want a design-forward environment and a basement bar without the chaos of the ruin bar district directly outside their window.

Design-forward budget hotel with industrial-chic interiorsPrime District V location between Váci Street and the DanubeBasement bar and social lounge for guests
Danubius Hotel Hungaria City Center#6
From €70/night

As Hungary's largest hotel, this is a massive operation that runs with impressive efficiency. For €70, you are staying in a historic 1915 building with a grand legacy. While some areas feel a bit dated, the Fiaker Restaurant and the sheer convenience of being at the Keleti transport hub make it a reliable, high-capacity choice for groups and families who need secure parking.

Patron of modern Hungarian art with commissioned sculptures and tapestriesDirect proximity to Keleti Railway Station (transport hub)The 'Imperial' function room preserving the 1915 building's legacy
ibis Budapest City#7

ibis Budapest City

Budget Hotels
From €78/night

This is the ultimate pick for nightlife seekers. Located at Blaha Lujza tér for €78, you are on the doorstep of the Jewish Quarter's best ruin bars. It uses the signature Sweet Bed by ibis system, ensuring a high quality sleep despite the central location. It is a no-frills, reliable base for those who plan to spend most of their time exploring the city.

Prime transit hub location at Blaha Lujza tér (Metro M2)Immediate access to the Jewish Quarter's ruin bar districtSignature "Sweet Bed by ibis" sleeping system
Ibis Budapest Centrum#8
From €80/night

Situated on Ráday utca, the city's premier dining street, this €80 hotel is perfect for foodies. The private inner garden terrace is a genuine urban oasis that feels miles away from the city noise. It is also one of the most sustainable hotels in the city, making it a great choice for eco-conscious travelers who want easy access to the Airport Express bus.

Located directly on Ráday utca, Budapest’s famous dining and café streetPrivate inner garden terrace providing a quiet urban oasisImmediate proximity to Kálvin tér for Metro M3, M4, and the 100E Airport Express
Silver Hotel Budapest#9
From €85/night

For €85, you get a unique mix of a 19th-century tenement building and a modern rooftop extension. Its position on Hunyadi Square is fantastic, offering a local market hall and park right outside. We recommend booking the upper-floor rooms with balconies to enjoy the square views. It is a pragmatic, honest hotel that feels integrated into a real Budapest neighborhood.

Direct frontage on Hunyadi Square park and market hallHistoric courtyard building with modern rooftop extensionImmediate access to M1 metro at Vörösmarty utca
Three Corners Hotel Anna#10
From €90/night

At €90, this is the most expensive on our list but justifies the cost with its boutique design. The rooms are themed around the four elements and the honesty bar in the lobby creates a relaxed, social atmosphere. It has successfully transformed a corner of District VIII into a trendy, millennial-friendly hub that feels much more expensive than its actual nightly rate.

Themed rooms based on the four elements (Air, Earth, Fire, Water)Lobby 'Honesty Bar' for self-service drinksLandscaped inner courtyard with covered pergola lounge

Our Verdict

For the traveler who prioritizes logistics, the Royal Park Boutique Hotel and Danubius Hotel Hungaria are the clear winners, offering immediate access to Keleti station for under €75. If your itinerary is built around relaxation, the ibis Budapest Heroes Square provides the best value for spa lovers, being just a short stroll from the thermal waters. Those seeking a more local, neighborhood feel should look toward the Silver Hotel on Hunyadi Square or the ibis Centrum on the famous Ráday utca dining street.

The best overall value for a modern, design forward experience is the NEXTO DORMERO, especially for pet owners who can take advantage of their free pet policy. Regardless of your choice, these hotels prove that Budapest is best enjoyed when you save your Euros for the ruin bars and coffee houses rather than overpaying for a room you will only see at night.

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Frequently Asked Questions

Which budget hotel is closest to the Széchenyi Thermal Bath?
The ibis Budapest Heroes Square is the best choice for spa lovers, located just a 5 minute walk from the Széchenyi Thermal Bath entrance. It offers rooms starting around €65 per night, making it much more affordable than the luxury hotels closer to the river.
What is the best hotel for travelers arriving by train at Keleti Station?
The Royal Park Boutique Hotel is located directly opposite the grand facade of Keleti Railway Station, roughly a 2 minute walk from the platforms. For a more historic alternative, the Danubius Hotel Hungaria City Center is also situated at this major transport hub.
Are there any budget hotels in Budapest with a swimming pool?
Yes, the Danubius Hotel Arena in District 14 features a heated indoor swimming pool and a Finnish sauna. At an average price of €65 per night, it is one of the most affordable ways to get spa facilities included in your stay.
Which hotel is best for nightlife and ruin bars?
The ibis Budapest City at Blaha Lujza tér is perfectly positioned on the edge of the Jewish Quarter, home to the city's famous ruin bars. Alternatively, the NEXTO DORMERO in District VI puts you within a short walk of the high energy nightlife near the Opera House.
Can I find a pet friendly hotel in Budapest for under €100?
The NEXTO DORMERO Hotel Budapest is an excellent pet friendly option where pets stay free of charge. It is a design forward 4-star hotel in District VI that typically costs around €65 per night.
Where should I stay for a local food experience on a budget?
The ibis Budapest Centrum is located directly on Ráday utca, known as Gastro Street for its high density of restaurants and cafes. Another great option is the Silver Hotel Budapest, which sits right on Hunyadi Square next to a traditional local market hall.

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