12 of the best affordable hotels in New York City, according to our first-hand stays

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  • Price is usually a factor for booking hotels, especially in more expensive cities like New York.
  • However, traveling on a budget doesn’t have to mean compromising on quality.
  • We found the best cheap hotels in New York City, all personally vetted and starting under $200.

Though New York is known for being pricey, especially when it comes to hotels, there are plenty of affordable spots to be found with a little digging. While I firmly believe that you get what you pay for in life, some hotels really are nicely-appointed, well-priced, and accessible to the modern traveler — so long as you’re savvy in your search.

Luckily, we’ve done the tough work of scouring the seemingly endless options for you and have found the best cheap New York City hotels, all slept at and personally vetted by our team.

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You won’t find any run-of-the-mill, standard chain offerings on our list. Our best affordable hotels are carefully selected gems that serve as far more than just a place to rest your head at the end of the night.

We chose the best affordable New York City hotels based on the following criteria:

  1. All hotels are located in central neighborhoods and close to top city attractions, shopping, restaurants, and more.

  2. Each stay is rated three stars or higher, offers experiential amenities and interesting design, and nice rooms that make good use of a smaller space.

  3. All hotels are affordably priced and typically start under $230 per night. 

  4. We stayed at, toured, and researched each hotel on this list. However we’ve also considered ratings and recent reviews from trusted traveler sites. With that in mind, every hotel has a minimum Trip Advisor rating of 4.0.

  5. The hotels all promote COVID-19 policies to prioritize the health and safety of guests, which we’ve noted below.

Browse all of the best cheap hotels in New York City below, or jump to a specific area:

  • The best cheap hotels in New York City
  • Our methodology for selecting hotels
  • FAQ: New York vacations
  • More of the best New York City hotels

Here are the best cheap New York City hotels, sorted by price from low to high.

Arlo SoHo

Book Arlo SoHo

Neighborhood: SoHo

Typical starting/peak prices: $99/$209

Best for: Couples, solo travelers, business travelers

On-site amenities: Four bars, rooftop, courtyard, free evening happy hour, free bike rentals

Pros: The price is right with rooms starting under $100, especially for the posh SoHo location.

Cons: The room sizes can feel shockingly small and bathrooms lack privacy, so, prepare yourself.

Arlo SoHo has made it cool to book tiny hotel rooms, popularizing the trend of micro hotels where quarters barely measure 150 square feet. Sure, the bathroom is nearly reachable from your pillow, but the cozy nook beds are actually places where you’ll want to curl up and hit snooze. Cheapest options include bunk bed, queen, or king options, that range in price depending on the view, and the time of year.

Plus, what it lacks in size, Arlo makes up for with fun common spaces including four bars, an on-site restaurant, co-working space, rooftop lounge, and a seasonal courtyard.

COVID-19 policies can be found here. 

Read our full hotel review of Arlo SoHo

Freehand New York

Book Freehand New York

Neighborhood: Flatiron

Typical starting/peak prices: $129/$296

Best for: Solo travelers, couples, business travelers

On-site amenities: Communal work area, coffee bar station, two bars, seafood restaurant, large fitness center, game room

Pros: This hotel is hip and cool with excellent on-site food and drink.

Cons: Outside noise bleeds into rooms and may make sleep difficult if you’re sensitive to it.

The Freehand New York is a good pick for budget-conscious travelers who still want serious style, as well as convenience and personality. It also feels more in the know than the similar concept presented at Ace Hotels.

Art-filled accommodations are steeped in character and prices are especially reasonable if you select a bunk bed room or standard offering. Rooms still feel fairly new, too.

COVID-19 policies can be found here.

Read our full hotel review of Freehand New York

Moxy East Village

Book Moxy NYC East Village

Neighborhood: East Village

Typical starting/peak prices: $139/$317

Best for: Couples, solo travelers

On-site amenities: Bar and cafe, free books from Strand bookstore, French-Mediterranean-inspired restaurant, multiple lounge areas

Pros: Marriott Bonvoy earning potential, cool Moxy brand clout, and East Village location.

Cons: Room rates can seem expensive considering many rooms are on the smaller side.

Marriott’s outpost in the East Village from their affordable boutique Moxy brand is a four-star hotel themed after the neighborhood’s vibrant local art and culture. There are clear nods to rock and roll, street art, and other East Village countercultures.

Rooms are small but make thoughtful use of storage and design, and the starting price of $185 midweek makes it one of the better-appointed and more affordable options in the hip, popular neighborhood.

COVID-19 policies can be found here.

Read our full review of Moxy East Village

Made Hotel

Book Made Hotel

Neighborhood: NoMad

Typical starting/peak prices: $139/$317

Best for: Solo travelers, business travelers

On-site amenities: Lobby bar and cafe, rooftop lounge and bar, seasonal events, patio

Pros: Standard entry-level rooms are arguably just as nice as more expansive, and expensive suites, offering compelling value.

Cons: Many guestroom bathrooms aren’t designed in the most efficient way and become messy easily. Watch out for busy seasons when prices can rise dramatically.

Made Hotel is a boutique property with budget prices in slower seasons. It’s a great find for travelers who appreciate boho-chic design, cool hotel hangout spots, and curated lush green plants. The intricate design has solidified this hotel as an experiential, one-of-a-kind property, unlike any chain offering nearby.

Rooms are minimal with standard rooms featuring beds perched atop platforms and tribal fabrics.

COVID-19 policies can be found here.

Read our full hotel review for Made Hotel

Hotel 50 Bowery

Book Hotel 50 Bowery

Neighborhood: Lower East Side

Typical starting/peak prices: $149/$284

Best for: Solo travelers, couples, business travelers

On-site amenities: Rooftop bar with great views, fitness center, work and meeting spaces

Pros: The style-minded lobby and rooms are fun and functional, and the views and rooftop are stellar.

Cons: Some may find the LES/Chinatown base to be noisy and far from tourist sightseeing.

I’ve seen Hotel 50 Bowery, a World of Hyatt Joie de Vivre boutique property, priced as low as $115 per night in winter, though $150 is probably a safer average. 

Hotel 50 Bowery brings design-forward decor to the edgy Lower East Side taking inspiration from rich cultural surroundings. If you snag one of those cheaper rates, use the extra cash to upgrade to a balcony room for beautiful views of New York City and order a round of drinks at the rooftop bar.

COVID-19 policies can be found here.

Read our full hotel review of Hotel 50 Bowery

Gild Hall, a Thompson Hotel

Book Gild Hall

Neighborhood: Financial District

Typical starting/peak prices: $149/$318

Best for: Business travelers

On-site amenities: Two restaurants, small fitness center, discount passes to Crunch Fitness, cocktail bar

Pros: Intricate design and decor is refreshing in the Financial District.

Cons: Starter rooms and on-site amenities are small, in particular, the gym.

Gild Hall, a Thompson Hotel from World of Hyatt, offers boutique personality under $200 pretty regularly. Warm and welcoming, the cozy decor is inspired by Aspen country houses for an overall vibe that feels rustic, and far from its corporate Financial District surroundings. 

Standard rooms hover between $170 and $200, making it an interesting, out-of-the-box option for an otherwise generic hotel-filled neighborhood.

COVID-19 policies can be found here.

Read our full hotel review for Gild Hall

The Evelyn

Book The Evelyn New York

Neighborhood: NoMad

Typical starting/peak prices: $160/$329

Best for: Couples, business travelers

On-site amenities: Three dining options, speakeasy bar, study/work space, small gym

Pros: The Art Deco style envelops you in a stay that feels worlds away.

Cons: Rooms are on the small side, making it ideal for a solo business traveler, or couples looking for an intimate, boutique stay. 

The Evelyn is a historic NoMad hotel that underwent a multi-million dollar renovation for an Art Deco-inspired look that’s very charming. While many rooms and public spaces were updated, the hotel still preserved the building’s iconic roots in music and history by maintaining original design details, which you’ll find in restaurants and in guest rooms.

COVID-19 policies can be found here.

Read our full review of The Evelyn New York

Sister City New York

Book Sister City New York

Neighborhood: Lower East Side

Typical starting/peak prices: $172/$300

Best for: Solo travelers

On-site amenities: Great restaurant, bar, lobby boutique

Pros: A self-service approach helps things to run smoothly and keeps price points low.

Cons: Rooms can feel small for two people.

If you love Ace hotels but prefer a more understated approach, Sister City is a good fit. It’s a spin-off property from the creative studio behind Ace Hotel and caters to the experienced, busy traveler who appreciates modern amenities and independence. Self-service tablets guide guests through check-in, while amenities and housekeeping are available on demand.

It’s a smart approach for savvy guests looking to avoid the pain points of crowded hotels and prefer a low-key approach, but with just as much style as a hip boutique spot.

COVID-19 policies can be found here.  

Read our full hotel review of Sister City New York

Ace Hotel New York

Book Ace Hotel New York

Neighborhood: NoMad

Typical starting/peak prices: $186/$429

Best for: Couples, business travelers, solo travelers

On-site amenities: Lobby bar, discounts at nearby boutiques, British-inspired sister restaurant, Milk Bar dessert outpost

Pros: The hip Ace brand reputation delivers on cool factor with excellent on-site stores and eateries that may very well keep you on-property your whole stay.

Cons: Rooms are indeed small, especially bunk bed options, and some show wear and tear.

Ace Hotels have long established themselves as a cool and also affordable boutique offering, with outposts in cities like Portland, Palm Springs, Seattle and more. Rooms are minimal and small (which keeps prices low) with the focus on common spaces that invite guests to linger and mingle.

The New York location is equally hip with industrial-meets-masculine decor. The lobby is bustling with creative types who camp out with laptops, and on-site food, drink, and shopping are all top-notch. Single, small, or bunk-bed rooms offer the cheapest rates. Never mind the smaller quarters, the real scene is happening outside the room anyway. 

COVID-19 policies can be found here.

Read our full hotel review of Ace New York

Park South Hotel

Book Park South Hotel

Neighborhood: NoMad

Typical starting/peak prices: $195/$298

Best for: Couples, families

On-site amenities: Three excellent restaurants, rooftop bar, fitness center

Pros: The on-site food and drink are excellent and should be woven into any stay here.

Cons: Pricing is also unstable and can surge hundreds higher at busy times. 

Rooms at the four-star Park South Hotel are straightforward but well-appointed in Manhattan’s super central NoMad neighborhood. The hotel is a member of World of Hyatt’s Joie de Vivre upscale portfolio ensuring your stay will be comfortable and chic, in line with the boutique line’s standards. Prices in low season start around $150, making it one of the most reasonably-priced higher-end, four-star properties on our list.

This hotel is currently closed until May 21, 2021. You can find COVID-19 updates here.

Read our full hotel review for Park South Hotel


Book Kixby

Neighborhood: Midtown

Typical starting/peak prices: $199/$439

Best for: Couples, business travelers

On-site amenities: Excellent cocktail bar, Black Tap burger restaurant, small fitness center, rooftop bar with Empire State Buildilng views

Pros: The vintage-inspired style and decor are fun and photogenic and the hotel’s bar is headed up by industry pro.

Cons: The best deals are for older rooms, which while larger than renovated options, still feel a bit dated.

Kixby in Herald Square in Midtown Manhattan recently went through an impressive redesign and both guest rooms and public spaces benefitted from the updated treatment. The space has an intimate members-only club feel, and rooms are quiet.

Newer renovated Lux rooms start at $295 per night, but it’s actually the older but still worthy Classic rooms that deserve your attention here as they are actually larger than the new upgraded offering, and start as low as $152. 

This hotel is currently closed until June 1, 2021. You can find update COVID-19 info here.

Read our full hotel review for Kixby Hotel

Henry Norman Hotel

Book the Henry Norman Hotel

Neighborhood: Greenpoint

Typical starting/peak prices: $229/$289

Best for: Couples, families

On-site amenities: Two terraces, fitness center, free laundry center, seasonal Brooklyn Barge floating bar, sister restaurants with free shuttle service

Pros: Greenpoint. If this isn’t your first visit to New York (in which case, you probably want to stay closer to the action), this is a neighborhood that should not be missed. Plus the rooms are quite nice and spacious.

Cons: Greenpoint. If you’re planning to spend all your time in Midtown Manhattan, it won’t be the easiest transfer.

Forget Manhattan, Greenpoint is one of this New Yorker’s favorite neighborhoods in the city, and the Henry Norman Hotel is a hidden gem that’s well-suited to explore it. This wonderful corner of New York filled with incredible restaurants (don’t miss the authentic Polish food), a fun bar scene, and boutique shopping.

Housed in a converted 19th-century warehouse, the hotel’s standard studio loft rooms are large and often start at $169 a night, with a bright, modern eclectic vibe with far more space than you’re likely to find in Manhattan for the same price (a general trend on this side of the river).

There’s no on-site dining, but a complimentary shuttle transports guests anywhere within a mile of the hotel, and there are two 24-hour common terraces with great skyline views. There’s also a laundry room that’s free to use, which is a nice value, considering it’s a common hotel upcharge.

COVID-19 policies can be found here.

Read our full review of the Henry Norman Hotel

Our methodology for choosing the best hotels

In addition to the criteria previously listed above, we considered these additional factors:

Price: We looked for typical starting room rates under $230 per night, with most hotels coming in under $200 per night in low season.

First-hand experience: Every hotel on this list was stayed at and vetted by our team. We considered the value rooms offered, location, decor and design, and more.

Reviews: In addition to our own first-hand stays, we thoroughly researched reviews and ratings on trusted traveler sites such as Trip Advisor, Hotels.com, and Booking.com, and took into account the experience and reviews of other recent guests.

Guests: We chose the best cheap hotels in New York City for a wide audience, including families, couples, solo travelers, and business travelers.

Amenities: We looked for hotels with great amenities that go beyond the usual chain offerings, from excellent dining options and rooftop bars to free bike rentals.

COVID-19 safety: In light of the pandemic, we selected hotels that prioritize the health and safety of guests with strict new cleaning policies.


Is it safe to stay in a hotel?

According to the CDC, fully vaccinated people can now safely travel domestically.

Most hotels New York City hotels have reopened with strict new COVID-19 cleaning procedures in place. Though you’ll encounter fewer people if you opt for a private home rental, experts say that with added precaution, hotels are safe. 

We also recommend following CDC guidelines and wearing a mask in public, washing hands frequently, and following social distancing.

Where should I stay in New York City?

That depends entirely on what you want to do. There’s something great about every neighborhood in New York, so it’s tough to go wrong. If it’s your first trip to New York and you want to be close to the tourist action, you may be interested in a stay closer to Times Square, Central Park, NoMad, or Flatiron.

Of course, these areas tend to be some of the most crowded, so if you prefer a slightly quieter stay, or if you’re a business traveler heading to Wall Street, consider downtown areas like the Financial District, Seaport, and Battery Park. 

If high-end shopping and hitting boutiques is a top priority, trendy SoHo might be right up your alley. Young travelers and those looking to enjoy more nightlife will likely want to be in the Lower East Side and East Village, or in Chelsea and the Meatpacking District (though there’s culture to be found over there too by way of the High Line, Whitney Museum, and more).

Of course, there are other boroughs outside of Manhattan to consider too. For incredible skyline views from your room, look to Brooklyn and areas like Williamsburg and Greenpoint.

What are the best activities in New York City?

You could spend decades in New York and never run out of activities. Some of the most popular and iconic activities include visiting Times Square, seeing a Broadway show, strolling through Central Park, taking in amazing views from the Empire State Building, One World, or the recently opened Edge, and visiting world-class museums from The Met to MoMA.

When the weather is nice, the High Line and the Brooklyn Bridge also make for nice walks with city views. Taking a ferry out to the Statue of Liberty is another must-do activity, and if you book well in advance, you can even get tickets to go up into the crown.  

Foodies have no shortage of incredible restaurant options, from Michelin-starred fine dining establishments to next-level hidden taco bars. And, there’s no shortage of nightlife, whether you’re seeking classic clubs where you might spot a celebrity or hidden speakeasies. 

Fifth Avenue and SoHo offer legendary shopping and there’s plenty of vintage shops and boutiques to explore too.

What is the best time to visit New York City?

Popular in every season, fall tends to be one of the priciest seasons since the weather is particularly lovey. April to June also offers mild temperatures and lovely spring blooms. If you visit in the summer expect hot and humid temperatures and an influx of tourists and an outflow of locals.

You can often find good deals in the winter, but expect prices to rise around the holiday season when people love to come see the holiday decorations, window displays, Rockettes, and more.

More of the best New York City hotels

  • The best overall hotels in New York City
  • The best boutique hotels in New York City
  • The best luxury hotels in New York City

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