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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Sohotel, New York

341 Broome Street, Lower East Side

EuroCheapo Review: The SoHotel is a fun and sometimes affordable 96-room hotel in Nolita, a tiny 'hood between SoHo and the Lower East Side....

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$371

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Editor's Pick
Cassa Hotel 45th Street, New York
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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
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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Editor's Pick
Pod 51 Hotel, New York

230 East 51st Street, Midtown E-Murray Hill

EuroCheapo Review: The three-star Pod Hotel is an appealing and affordable option in the heart of Midtown East, offering well-designed (if tight) rooms with seriously low rates....

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$379

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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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City Rooms NYC - SoHo, New York

120 Lafayette Street, Soho & Tribeca

Quick Read: City Rooms NYC - Soho is a fresh boutique property offering reasonable rates, an excellent location and comfortable three-star rooms....

Doubles from

$184

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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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Editor's Pick
St. Marks Hotel, New York

2 St. Marks Place (at Third Avenue), East Village

EuroCheapo Review: Aside from its low rates, the best thing about St. Marks is likely the location, next to countless gritty Lower Manhattan attractions....

Doubles from

$120

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Cheap hotels in Union Square-Gramercy, New York