Budapest is a beautiful, cultural, and not very written about city, so how do you know what area to stay in during your visit? What if you are on a tight budget? Use our handpicked guide below to find out about the best places to stay in Budapest for under 20USD a night!
Tip from Content Creator
Although I wasn’t in Budapest for long, I loved every minute and can’t wait to go back! If you’re only in the city for a short time, I’d definitely recommend a free walking tour! Check out some highlights of Budapest that you can visit during your stay:
- Ruin Bars
- Gozsdu Udvar passageway
- Hungarian Parliament building
- Thermal spa baths
- St. Stephan’s Basilica
- Memorial for Victims of the German Occupation
- Little Princess statue
We handpicked these listings carefully, considering (wherever possible) Superhost status, recent guest reviews, location, accommodation type, prices, availability of dates, decor, and amenities. The image galleries get refreshed with the latest updates regularly. They were last updated on September 10, 2024.
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1. Sera's Lovely Place in Budapest (from USD 94)
A twenty minute walk from the famous Danube River Walk, this cozy place is on the ground floor of a building in the center of Budapest. You can reach the Keleti metro station with a five minute walk or the Blaha Lujza Ter metro station in a three minute walk. It is a spacious, furnished apartment, which can easily fit anywhere from two people to six people. Feel free to use the kitchen to cook for your friends or family, and if not there are many restaurants, pharmacies and shops nearby to explore.
Budapest, Hungary
1.68 km (1.1 mi) from Central Market HallSuperhostAccommodates: 8
2. Centrally located apartment with a courtyard (from 15 USD)
This Airbnb listing has one of the most desirable locations, but is not a looker! However, it is right near the heart of Budapest, minutes away from the astonishingly beautiful Buda Castle, Liberty Bridge, the picturesque Danube River, and the Parliament Building. St. Stephen’s Basilica, Andrássy Boulevard, and the Opera are not too far away either! Heading out at night? This place is walking distance to those legendary ruin pubs and public transit is on the corner.
Centrally located apartment with a courtyard
Price: from 15 USD
Number of Guests: 1-3
3. Cool apartment in the City Center (from 11 USD)
A great Airbnb option here for a couple of friends traveling together or a small family. The space is well located, sleeps 3-4 people in 2 separate beds, and comes equipped with a living room, dining space and kitchen. Utilize the bright open space for relaxing after a long day or head out to the terrace to enjoy some fresh air! Either way, it’s cool with us!
Cool apartment in the City Center
Price: from 11 USD
Number of Guests: 3-4
4. Maverick City Lodge (from USD 28)
Traveling alone in Budapest and looking to make some new friends but also be in the best location? Try the Maverick City Lodge. Here you can grab a dorm bed from 17 USD, meet travelers from all over the world, have a comfortable and welcoming stay (this lodge has excellent reviews!) and be steps away from all the action of the city center. You can also feel free to hangout in the common areas or hang out in their amazingly designed dorm beds!
Maverick City Lodge
Address: Kazinczy utca 24-26.
1.23 km (0.8 mi) from Central Market Hall
Budapest Tour Guide
Tiberiu Condulescu
My name is Tiberiu(s), just like captain James Tiberius Kirk from Star Trek, or Tibi for short, and I am an IT Service Manager who found his passion in tour guiding over 5 years ago. Similarly to Captain Kirk, I will be your captain should you choose me as your guide.Every tour is a new experience for both of us, that’s why my aim is to make it both memorable and fun. I want to make memories fo... Read more
Tours by Tiberiu
Budapest Tour Guide
Ildiko Varga
I have been a certified guide for more than two decades now. I love my work, love to show my beloved city and country to my guests! I am interested of course in travelling, architecture, arts, cooking and reading.
Tours by Ildiko
5. Pal's Hostel and Apartments (from USD 168)
Another great place for solo travelers on a budget, looking to be in the center but not spend a fortune, and also looking to meet other travelers. This hostel can accommodate people looking to spend a bit more as well, offering twin, double, and family size rooms as well as apartments, but be prepared to pay more than 20 USD!
Pal's Hostel and Apartments This is a Proud Certified property where you can be extra sure of a welcoming stay.
Address: Szent István tér 3.
1.55 km (1.0 mi) from Central Market Hall
6. Chess Square Studio (from 18 USD)
Want your own space for at least a month in the Budapest center? Head over to this VRBO studio stay; you can have your own comfortable studio complete with a kitchen, bathroom and sleeping area! We loved the modern sleek design in the kitchenette and living area, very cute yet functional. The studio is fully stocked and furnished for your stay, so just bring yourself and your clothing!
Chess Square Studio
Price: from 18 USD
Number of Guests: 1-2
7. Ma Petite Chérie On Almássy Square (from 18 USD)
Perfect for a couple or solo traveler on a long holiday in Budapest (there’s a 30 day minimum stay here), this studio in one of the most famous districts boasts a bright, clean and artsy interior. For 18 USD per night you can be right in the center of all the action, but come home to a place filled with everything you would need, including a washer, full kitchen, living area and bathroom. It is small but charming! The building it rests in isn’t so shabby to look at either!
Ma Petite Chérie On Almássy Square
Price: from 18 USD
Number of Guests: 2
8. Lucky Greenie Bistro-Style Apartment (from USD 51)
If you are young or young-at-heart, this flat might just be perfect for you. It’s located right on the “Broadway” of Budapest, in a lively and fascinating neighborhood that’s close to most of the major sites and attractions in the city. The flat combines modern, vintage, and Mediterranean style elements, which you’d might fall in love with the moment you step foot in this accommodation. The space is great for four guests and it has fantastic amenities. There’s even Apple TV and Netflix, so you can sit back and watch after a tiring day of sightseeing. Coffee and tea are provided at no extra cost, and the host is even willing to share some meals with the guests!
Budapest, Hungary
1.97 km (1.3 mi) from Central Market HallAccommodates: 4
9. Cozy flat near the famous Ruin Pubs
This lovely apartment is situated in a quiet area that’s just a few minutes away from the metro line. Furthermore, it’s just two to three tram stops away from the party district where you can find the famous ruin pubs. This lovely space is perfect for two guests, with traditional touches and wooden interior finishes, altogether providing a warm and cozy atmosphere. It has a fully-equipped kitchen and a king-sized bed on the mezzanine as well. As a bonus, guests can also enjoy a tasty drink at a good price, since this home belongs to a cider maker.
Budapest, Hungary
1.41 km (0.9 mi) from Central Market Hall
10. Vintage Studio Near Andrassy
This tiny adorable studio in the heart of Budapest is probably my favorite on this list for location and inclusions. It is ideal for two people since it has one double bed, but also offers a full bathroom and kitchenette (but no oven). To be in the best part of the city, with free car parking (a huge perk if you are driving!) and to have privacy and a safe comfortable place to stay, 11 USD per night is really unbeatable. At any time you are about a 15 minute walking distance from many of the main tourist attractions, so really who can say no to this studio?
Budapest, Hungary
1.42 km (0.9 mi) from Central Market Hall
Budapest is full of great cheap stays and fun!
We hope you used our list to find the best possible place to stay during your time in Budapest! Want to know where the locals eat in Budapest? Or what to do during your trip to Budapest? Then don’t hesitate to head over to our other Budapest articles right away to get some ideas!
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