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| Pensao Londres Rua Dom Pedro V 53 | 
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| | € 35-72 |
The Pensão Londres offers Old World European charm at budget-friendly prices, along with some spectacular views of the city's rooftops.
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| Pensao Luar Rua das Gaveas 101 | 
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| | € 30-60 |
Luar is conveniently located for visitors who want to hit the area's bar and club scene and don't mind a loud, carousing street at night.
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| Pensao Praca de Figueira Travessa Nova de Sao Domingos, 9 | 
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| | € 20-55 |
The Pensão Praça da Figueira is a sure budget bet. It offers a wide variety of clean, pleasant rooms with good prices and a great location overlooking the square. |

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| Pensao Prata Rua da Prata 71-3 | 
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| | € 15-30 |
The no-frills Pensão Prata, centrally located in Baixa, is perfect for young, easy-going cheapos. |

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| Pensao Residencial Camoes Travessa do Poco da Cidade 38, 1st Floor | 
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| | € 35-45 |
This modest two-floor, family-run pension is located on the restaurant-lined Travessa do Poco da Cidade in the heart of the Bairro Alto. |

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| Pensao Residencial Geres Calcada do Garcia 6 | 
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| | € 45-75 |
The popular Pensão Residencial Gerês, run by a friendly husband-and-wife team, has 20 simple rooms around the corner from Praça Dom Pedro IV. |

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| Pensao Residencial Roma Travessa da Glória, 22-A, 1º | 
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| | € 50-70 |
Just off the bottom of Avenida da Liberdade to the western side, the first-floor Residencia Roma offers 28 hotel-style rooms and 12 suites. |

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| Pensao Residencial Santa Catarina Rua Dr. Luis de Almeida e Albuquerque 6 | 
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| | € 45-65 |
The Pensão Residencial Santa Catarina has barebones, basic accommodation in the southwestern part of Bairro Alto. |

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| Pensao S. Joao da Praca Rua de Sao Joao da Praca 97 | 
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| | € 35-60 |
The Pensão S. João da Praça offers two floors of simple yet comfortable rooms, just across the street from the Sé Cathedral. |

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| Pension Residencial Astoria Rua Braamcamp 10 | 
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| | € 35-50 |
The Residencial Astoria provides 83 two-star rooms on the busy Rua Braamcamp, just west of the Parque Eduardo. |

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| Pension Royal 50, Rua do Crucifixo | 
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| | € 30-50 |
The location of the six room Pension Royal is superb for those hitting the town. Rooms are just fine, and Cielo, the manager, is friendly. |

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| Pousada de Juventude de Lisboa Rua Andrade Corvo 46 | 
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| | € 43-43 |
We love the Pousada de Juventude de Lisboa. Yes, it's a hostel. But this well-lit, hospitable, cheerful, and muito tidy spot has a lot going for it. |

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| Residencia Alicante Avenida Duque de Loule 20 | 
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| | € 55-65 |
There's little in the way of décor, but wood floors, fresh furniture, and pleasant bedding make rooms cheerful. |

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| Residencia Nova Avenida Rua Santo Antonio da Gloria 87 | 
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| | € 15-40 |
The Residencia Nova Avenida is classic Cheapo. Rooms are simple and sweet, and the prices reflect it. |

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| Residencial 13 da Sorte Rua do Salitre 13 | 
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| | € 55-55 |
For about €55 you'll get nice two-star, air-conditioned room, with cable TV and breakfast. Not bad!
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| Residencial Alegria Praca da Alegria 12 | 
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| | € 43-63 |
The cheery Residencial Alegria offers 35 cheap, charming room near the leafy Praça da Alegria. |

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| Residencial Dom Sancho I Avenida da Liberdade, 202 | 
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| | € 50-120 |
Classy and quiet, the Dom Sancho I is a three-floor pension located along the Avenida da Liberdade. It delivers 40 well-kept rooms ... at a price. |

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| Residencial Florescente Rua Portas De Santo Antão Nº 99 | 
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| | € 45-70 |
Though nothing fancy, we really like Residêncial Florescente. It's clean, friendly, and very affordable—particularly considering the great location. |

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| Residencial Horizonte Avenida Antonio Augusto De Aguiar, 42 | 
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| | € 50-50 |
The result is the stuff of Cheapo dreams: 52 tasteful, modern rooms and low prices.
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| Residencial Londrina Rua Castilho 61 | 
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| | € 55-55 |
The family-run pension, located along the busy Rua Castilho west of Liberdade, offers 14 charming rooms at reasonable rates. |

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| Residencial Mar dos Acores RUA BERNADIM RIBEIRO Nº14 | 
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| | € 35-45 |
Covered in pretty green tiles, this hotel offers 32 simple rooms, all with air-conditioning. Keep in mind, the A&ccedi;ores is at least 10-minute walk east ... |

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| Sana Park Lisboa Avenida Fontes Pereira de Melo | 
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| | € 90-190 |
The Sana Lisboa Hotel is a four-star splurge, offering premium rooms in mint condition that overlook the Parque Eduardo and the old city. |

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| Se Guesthouse Rua de Sao Joao da Praca 97 | 
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| | € 40-70 |
The five-room Sé Guesthouse is a charming and affordable Alfama option, with a picturesque location, fantastic river views, and eclectic décor. |

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| Solar dos Mouros Rua do Milagre de Santo Antonio 6 | 
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| | € 119-189 |
Creative and attractive, yet unpretentious and intimate (much like the ideal date), this Alfama splurge has 12 individually decorated rooms and amazing vistas. |

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| Vip Suites do Marques Avenida Duque de Loulé, 45 | 
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| | € 89-89 |
Although they're not the most exciting rooms this side of the Tejo, they are very spacious and come with a kitchenette. |

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