Cheap hotels in Union Square-Gramercy, New York

Once the provenance of political rallies and drug pushers, Union Square underwent a complete overhaul in the 1980s and is now lined by trendy restaurants and giant chain stores. Four times a week the park hosts the Greenmarket, where local vendors fill tents and stands with regionally produced products and organic vegetables.

Union Square is one of the best people-watching spots in the city: New Yorkers flock to its steps and benches at the first sign of pleasant weather. Artists, t-shirt vendors, and political activists are quick to follow.

Gramercy is an upscale area filled with elegant Victorian-style townhouses. The area garners its name from the serene Gramercy Park, built in 1831. Only residents of the surrounding square have keys to this private garden. Most visitors have to make due with admiring the greenery through its stately iron gates.

There are a few budget hotel options near Union Square and Gramercy, most of which are interesting (and old-school) small hotels that offer surprisingly reasonable rates. In addition, staying in the neighborhood offers excellent subway access: the 4, 5, 6, N, R, and L are literally below Union Square.

Other neighborhoods nearby:

East Village
Chelsea
Greenwich Village / West Village
Midtown East / Murray Hill

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Editor's Pick
Carlton Arms Hotel, New York

160 East 25th Street 2nd Floor, Union Square-Gramercy

EuroCheapo Review: A budget hotel in a Gramercy-adjacent neighborhood, Carlton Arms is a riot of art and playful décor, exuding "backpacker chic"....

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$137

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Editor's Pick
Leo House, New York

332 West 23rd Street, Chelsea

EuroCheapo Review: This guesthouse, run by a Catholic charity, brings a little old-world charm to the heart of Chelsea....

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$195

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Editor's Pick
The Jane Hotel, New York

EuroCheapo Review: Part SRO (Single Room Occupancy) and part hipster den, the Jane Hotel is a beautiful beast, a glammed-up flophouse offering twin rooms (with shared bath) for $99 in the hot Meatpacking District....

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$219

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Solita Soho Hotel, New York

159 Grand Street, Soho & Tribeca

EuroCheapo Review: The 42-room Solita Soho Hotel has surprisingly pleasant accommodations in a great Chinatown area location....

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$263

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Hotel Edison, New York

228 West 47th Street, Times Square-Theater District

EuroCheapo Review: Since 1931, the Edison Hotel has been offering (sometimes affordable) rooms next to Times Square with a "deco" touch....

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$269

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Ameritania at Times Square, New York

230 West 54th Street, Times Square-Theater District

EuroCheapo Review: The Ameritania, a three-star hotel ideally located near Times Square at 54th and Broadway, offers relatively affordable rates for rooms with a boutique style....

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$278

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Hotel East Houston, New York

151 East Houston Street, Lower East Side

EuroCheapo Review: The Ridge Hotel, located on Houston Street in the Lower East Side, is a smart boutique hotel....

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$279

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Editor's Pick
Pod 39, New York

145 East 39th Street, Midtown E-Murray Hill

EuroCheapo Review: The Pod39 does what the Pod Hotel chain does best: Provide cool, boutique-style rooms with private baths and luxurious beds in hot locations at low rates. ...

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$289

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YOTEL - Times Square, New York

570 10th Avenue, Hell's Kitchen

EuroCheapo Review: The sleek, uber-modern Yotel offers a highly unique "affordable luxury" option in Hell's Kitchen....

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$295

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Chelsea Inn, New York

46 West 17th Street, Chelsea

EuroCheapo Review: The Chelsea Inn offers chic yet cheap rooms in a prime Manhattan location....

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$318

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Cheap hotels in Union Square-Gramercy, New York