| Name | Class | Location | Double Rates |
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| Hotel Suico Atlantico Rua da Gloria, 3 | 
| 
| | € 45-65 |
Why do so many people—us included—continue to sleep at the Suiço? Well, it's cheap, and it's a skip and tumble from Praça Dom Pedro IV and the Rossio metro stop. |

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

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| Pension Residencial Astoria Rua Braamcamp 10 | 
| 
| | € 35-50 |
We loved the green '70s rotary telephone, but couldn't appreciate the brown-tiled bath with the same gusto. |

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| Residencia Nova Avenida Rua Santo Antonio da Gloria 87 | 
| 
| | € 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 | 
| 
| | € 40-50 |
For about €50 you'll get nice two-star, air-conditioned rooms, with cable TV and breakfast. Not bad!
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| Residencial Alegria Praca da Alegria 12 | 
| 
| | € 43-63 |
The cheery Residencial Alegria offers 35 cheap, charming rooms that have undergone a recent renovation. |

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| Residencial Dom Sancho I Avenida da Liberdade, 202 | 
| 
| | € 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 Londrina Rua Castilho 61 | 
| 
| | € 40-50 |
The family-run pension, located along the busy Rua Castilho west of Liberdade, offers 14 charming rooms at reasonable rates. |

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| Borges Rua Garret, 108-110 | | 
| | € 75-75 |
If you'll be taking advantage of Lisbon's nightlife, the Borges would make a very convenient home base.
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| HF Fenix Lisboa Praça Marquês de Pombal, 8 | 
| 
| | € 90-180 |
How happy we were, then, to discover that the Fenix had undergone some serious renovations in 2004. |

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| Hotel Anjo Azul Rua Luz Soriano 75 | 
| 
| | € 40-60 |
The Hotel Anjo Azul, Lisbon's first gay hotel, opened in 1998. A splashy makeover, completed in April 2006, has given it a new breath of life. |

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| Lisbon Poets Hostel Rua do Duque, nr 41,1st,Ao Largo do Carmo | 
| 
| | € 40-60 |
The Poets Hostel has a cool, young vibe to it. It's "chill," not "party." |

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| Pensao Globo Rua do Teixeira 37 | 
| 
| | € 25-30 |
The 17-room Pensão Globo offers perfectly respectable though very basic accommodation on a quiet side street in northern Bairro Alto. |

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| Pensao Londres Rua Dom Pedro V 53 | 
| 
| | € 35-68 |
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 | 
| 
| | € 20-35 |
Luar is well-placed 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 Residencial Camoes Travessa do Poco da Cidade 38, 1st Floor | 
| 
| | € 15-50 |
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 Santa Catarina Rua Dr. Luis de Almeida e Albuquerque 6 | 
| | | € 45-65 |
The Pensão Residencial Santa Catarina has barebones, basic accommodation in the southwestern part of Bairro Alto. |

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| Pension Royal Rua do Cruxifixo 50, 3rd Floor | 
| 
| | € 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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| Albergaria Residencial Insulana Rua da Assuncao 52 | 
| 
| | € 45-55 |
The Albergaria Residencial Insulana provides tourist-quality rooms with '70s décor in the very heart of the Baixa grid. |

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| Americano Rua 1 de Dezembro, 73 | 
| 
| | € 55-75 |
Located a block south of Rossio Square, the flag-bedecked Americano Residence offers 53 well-priced and renovated rooms that won't win any personality contest. |

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| Duas Nações Residencial Rua da Vitória 41 | 
| 
| | € 35-75 |
The Duas Nações Residence sports no-nonsense rooms for low prices in the center of Baixa's grid. We're sold—and blushing.
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| Easy Hostel Rua de São Nicolau, 13, 4D, | 
| 
| | € 35-75 |
The Easy Hostel boasts quality furnishings and smart décor in an upbeat atmosphere. |

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| Hotel Lisboa Tejo Rua dos Condes de Monsanto 2 | 
| 
| | € 85-120 |
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 ... |

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| Hotel Portugal Rua Joao das Regras 4 | 
| 
| | € 70-70 |
The two-star Hotel Portugal wins our Old-school Lisboa award. |

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| Metropole Praça Dom Pedro IV, 30 (Rossio) | 
| 
| | € 99-170 |
Opened in 1917, the five-story Metropole was completely renovated in 1993. Its classic style, however, was well preserved. |

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