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

EuroCheapo Review: Located a block south of Rossio Square, the flag-bedecked Americano Residence offers 49 well priced rooms.

EuroCheapo Review: The Hotel Avenida Parque, located along the eastern edge of the Parque Eduardo, provides three-star hotel comforts at a reasonable price.

EuroCheapo Review: A bare-bones hotel with 57 rooms and some great views, this place is about cheap rooms with a central location—and that's about it.

EuroCheapo Review: The Evidencia Light Sta. Catarina Hotel is a sort of hostel-hotel hybrid, offering rooms that are equal parts stripped and hip. It's an interesting do-it-yourself budget travel experiment.

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

EuroCheapo Review: The Hotel Anjo Azul, Lisbon's first gay hotel, opened in 1998. From the blue-tiled exterior to the fantastic location, the Azul is right on the money.

EuroCheapo Review: It's a little sleepy. However, rooms at this three-star hotel are in decent shape, and the amenities are reliable.

EuroCheapo Review: 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.

EuroCheapo Review: The Hotel Portugal is best appreciated in its shared spaces.

EuroCheapo Review: The two-star Hotel Suiço Atlántico currently has a split personality: It offers 95 rooms that are either dated or boutique-y. Either way, it plunks you down near Restauradores Square and the Barrio Alto at a fair price.

EuroCheapo Review: The 100-room Hotel Turim Europa offers chain-hotel accommodation with a touch of style.

EuroCheapo Review: The Turim Lisboa is located on a quiet street not far from the action.

EuroCheapo Review: 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.

EuroCheapo Review: One of Lisbon's smallest hipster hostels, the friendly Lisbon Lounge sleeps 44 guests with icy-blue style in Baixa.

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

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

EuroCheapo Review: For those willing to sleep three Metro stops from Lisbon's center, the Luxe Hotel, a busy new two-star chain hotel, presents a good deal.

EuroCheapo Review: Situated along the eastern edge of the Parque Eduardo, the three-star Hotel Miraparque offers full-service accommodation.

EuroCheapo Review: Located directly across from Rossio train station and next to Rossio Square, the Pensão Eastacao Central provides frill-free, cheap sleeping in the center of town.