Uncovering Europe's best budget hotels since 2001.

Expert reviews of cheap hotels in Lisbon

Who are we? EuroCheapo is a guide to the best budget hotels in Lisbon and throughout Europe. Our editors drop in unannounced at affordable hotels in Lisbon, inspect and photograph the rooms, and recommend the best deals they find. All of our hotel picks are located in central Lisbon, and they’re all clean and cheap.

At EuroCheapo, we love Lisbon. The city has so much to offer to budget travelers, from its delectable (and affordable) restaurants, to the free nightly party that fills the streets of the Bairro Alto. And to top it all off, Lisbon’s hotels present a solid value. Even central three-star properties often have rates lower than one-star hotels in other capital cities.

Getting started: If you’re ready to read reviews of our recommended hotels, jump straight into our hotel reviews. If you’d like a little more guidance with choosing a neighborhood, read through our neighborhood overview. For additional information about keeping things cheap in Lisbon, check out the articles listed below.

From our Lisbon blog

Traveling around Europe, we are often struck how local alcoholic beverages counter the general tide of globalization. They prevail, sometimes against the odds, as assertively regional products—occasionally even limited ... read

Do you have a taste for the unconventional when you travel? Does the predictability of a chain hotel leave you cold in your bed? If you’re looking to book a hotel that has a healthy dose of personality, or perhaps is e ... read

Both Ryanair and easyJet have recently announced winter season expansion plans, resulting in increased network coverage between both popular and new destinations. Ryanair Ryanair’s newest hub in Lisbon is set to connec ... read

In today’s installment of “4 Cheapo Questions for…” we interview Tim Leffel, an award-winning travel writer, editor of the narrative webzine Perceptive Travel, and all around knower of budget tra ... read

Back in fall 2010, we highlighted some of the key missing links in Europe’s rail network. These are those frustrating gaps, where even the most dedicated rail traveller must switch to a bus: Poprad (Slovakia) to Zakopa ... read

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Our top 20 reviewed hotels in Lisbon

Editor's Picks Name Price User rating

Editor's Pick
Pensao Praca de Figueira, Lisbon

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.

8.4 Guest Rating

From

$36

Bookthrough Booking.com

Editor's Pick
Albergaria Residencial Insulana, Lisbon

The Albergaria Residencial Insulana provides well-preserved rooms with great rates in the very heart of the Baixa grid.

7.9 Guest Rating

From

$66

Bookthrough Booking.com

Editor's Pick
Pensao Ninho das Aguias, Lisbon

The Pensã o Ninho das Águias, perched among the treetops of Alfama, offers phenomenal views at serious budget rates.

From

$46

No online booking

Editor's Pick
Hotel Lisboa Tejo, Lisbon

From the hip lobby and modern rooms to the preserved 16th-century well and original, exposed stone walls, the Tejo offers something old, something new ...

7.7 Guest Rating

From

$112

Bookthrough Booking.com

Editor's Pick
Home in Lisbon, Lisbon

Home in Lisbon boasts quality furnishings and smart décor in an upbeat atmosphere.

9.3 Guest Rating

$24
(per person)

No online booking

Editor's Pick
Residencial Florescente, Lisbon

Though nothing fancy, we really like Residêncial Florescente. It's clean, friendly, and very affordable—particularly considering the great location.

8.3 Guest Rating

From

$66

Bookthrough Booking.com

Editor's Pick
Lisbon Dreams Guesthouse, Lisbon

The Lisbon Dreams Guesthouse is the kind of place we love happening upon—a small, well-priced guesthouse with an artsy flair and communal spirit.

8.9 Guest Rating

From

$55

Bookthrough Booking.com

Editor's Pick
Living Lounge Hostel, Lisbon

Straight out of the pages of a "Hip Hostel" book pops the Living Lounge Hostel, perhaps Lisbon's trendiest design hostel.

9.5 Guest Rating

From

$24

No online booking

Editor's Pick
Hotel Ibis Lisboa Liberdade, Lisbon

The two-star Ibis Lisboa Liberdade offers 70 surprise-free rooms at generally low rates minutes from the Maquis da Pombal metro station and Avenida da Liberdade.

8.2 Guest Rating

From

$86

Bookthrough Booking.com

Editor's Pick
Pensao Residencial Santa Catarina, Lisbon

The Pensão Residencial Santa Catarina has barebones, basic accommodation in the southwestern part of Bairro Alto.

From

$66

No online booking

Editor's Pick
Pensao S. Joao da Praca, Lisbon

The Pensão S. João da Praça offers two floors of simple-yet-comfortable rooms, just across the street from the Sé Cathedral.

From

$40

No online booking

Editor's Pick
Pensao Royal, Lisbon

The six-room Pensao Royal is situated on the third floor of a corner apartment two blocks from the Chiado metro stop.

9.2 Guest Rating

From

$46

No online booking

Editor's Pick
Pensao Globo, Lisbon

The 15-room Pensão Globo offers modest rooms on a quiet side street in northern Bairro Alto. With rates that stay pretty low and a scene-y location, it's a sensible choice for younger travelers who don't want to check in to a hostel.

From

$33

No online booking

Editor's Pick
Lisbon Poets Hostel, Lisbon

The Poets Hostel has a cool, young vibe to it. It's "chill," not "party."

9.2 Guest Rating

$24
(per person)

No online booking

Editor's Pick
Pensao Londres, Lisbon

The Pensão Londres offers "old world" European charm at budget-friendly prices, along with some spectacular views of the city's rooftops.

8.3 Guest Rating

From

$73

Bookthrough Booking.com

Editor's Pick
Residencial Alegria, Lisbon

Anchoring the leafy Praça da Alegria to the south, the cheery Residencial Alegria offers 35 fresh rooms with bursts of color at very reasonable rates.

7.7 Guest Rating

From

$70

Bookthrough Booking.com

Editor's Pick
Hotel Borges Chiado, Lisbon

If you'll be taking advantage of Lisbon's nightlife, the Borges would make a very convenient home base.

7.0 Guest Rating

From

$103

Bookthrough Booking.com

Editor's Pick
Residencia Mar dos Acores, Lisbon

The four-story Residência Mar Dos Açores is the pride and joy of owner Honorario, who recently turned a hundred-year-old abandoned building into a tidy budget inn.

7.5 Guest Rating

From

$49

Bookthrough Booking.com

Editor's Pick
HF Fenix Lisboa, Lisbon

How happy we were, then, to discover that the Fenix had undergone some serious renovations in 2004.

7.9 Guest Rating

From

$119

Bookthrough Booking.com

Editor's Pick
Hotel Evidencia Astoria, Lisbon

The three-star Hotel Evidencia Astoria provides 51 rooms with “club kid” flair on the busy Rua Braamcamp, just west of the Parque Eduardo.

8.7 Guest Rating

From

$106

Bookthrough Booking.com

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