Top 8 Budget Hotels In Chicago, Illinois - Updated 2021

budget hotels chicago

Chicago is an absolutely amazing city, filled with unique architecture, plenty of tourist attractions, and a vibrant nightlife. Your budget should not prevent you from being able to experience all that Chicago has to offer. Here are some of the best budget hotels to help you save money during your stay in the city.

1. Chicago Getaway Hostel (from USD 24)

Chicago Getaway Hostel is well situated to make exploring the city convenient for you. It is in Lincoln Park, within walking distance of the Fullerton Subway Station, Lincoln Park Zoo, and DePaul University. Additionally, the hostel offers bicycle rentals, so you have an extra transportation option. Breakfast is included in the price of the room. The rooms themselves are stylish and bold with sleek and modern white and gray walls and furniture with bright scarlet beds.

Chicago Getaway Hostel

Address: 616 West Arlington Place

Golf course (within 3 km) Lockers Physical distancing rules followed Children television networks Library Stand-up comedy Cycling Express check-in/check-out

2. HI Chicago Hostels (from USD 30)

Do you love excitement? Is one of your travel goals to visit all the major tourist hubs? If so, HI Chicago Hostels is for you. It is located in the heart of downtown Chicago. It is in a prime location to see Chicago’s bold and unique architecture. Lake Michigan is few minutes away, and there are restaurants, bars, museums, and shopping areas. The hostel also organizes free walking tours of the city for its guests. It also offers discounts and coupons for top tourist attractions. After a busy day of sightseeing and perhaps an exciting night on the town, you can return to your bright and contemporary hostel room to unwind. You can also choose to mingle with other guests by the pool table. Either option is a wonderful way to end an eventful day.

HI Chicago Hostel

Address: 24 Ida B Wells Drive

Concierge service Restaurant Library Facilities for disabled guests Lift Non-smoking throughout Non-smoking rooms Laundry

3. City Suites Hotel (from USD 118)

City Suites hotel is located in East Lakeview, which is also known as Boystown. The rooms are vibrant with abstract art pieces and a color palette of dark teal, yellow, deep plum, and neutral colors. The lounges and common rooms are elegantly decorated with deep chestnut furniture, various shades of brown décor and a fireplace, providing the room with a warm and sophisticated ambiance. Visiting the major tourist attractions and the downtown area should be a breeze, as the Belmont CTA station is right next to the City Suites Hotel.

City Suites Hotel

Address: 933 West Belmont Avenue

WiFi available in all areas Physical distancing rules followed Linens, towels and laundry washed in accordance with local authority guidelines Guest accommodation is disinfected between stays Use of cleaning chemicals that are effective against Coronavirus Guest accommodation sealed after cleaning Cashless payment available Heating

4. FieldHouse Jones (from USD 128)

FieldHouse Jones is a retro chic hostel in downtown Chicago. The rooms are artfully decorated and combine a variety of colors – white, gray, yellow, and brown – with wooden floors and furniture. The hostel is located less than one mile (1.6 km) away from Water Tower Chicago and Magnificent Mile; it is also less than ten miles (16 mi) away from Chicago Midway Airport. All around the hostel, there are several cafes, restaurants, bars, and shopping areas. Inside the hostel itself, you can visit the restaurant and bar to socialize with other guest and sample popular local dishes.

The Chicago Hotel Collection River North Mag Mile

Address: 312 W. Chestnut St.

CCTV in common areas Use of cleaning chemicals that are effective against Coronavirus Books, DVDs, music for children Invoice provided Facilities for disabled guests Non-smoking throughout Smoke alarms Concierge service

5. Hotel Versey (from USD 84)

Hotel Versey is in downtown Chicago. It is only a four to five minute drive from Lincoln Park Zoo and about four miles (6.4 km) away from Navy Pier. The colorful murals in the hotel playfully remind you to explore the city like a local. The décor in the rooms pairs conservative neutral colors such as beige, white, and tan, with an accent wall that is a collage of Chicago life.

Hotel Versey Days Inn by Wyndham Chicago

Address: 644 West Diversey Parkway

WiFi Available Family rooms Daily housekeeping Physical distancing rules followed Internet services Face masks for guests available Smoke alarms 24-hour front desk

6. Quality Inn Midway Airport (from USD 113)

Quality Inn has wonderful accommodations for visitors in the Windy city. It is especially suited for business travelers. If you are busy with work, you will be grateful for the office desk and coffee maker that are in every room. The minimal décor consisting of soft neutral tones of beige, tan, and camel, which are accented with pops of brick red create a calming environment, conducive to both productivity and relaxation. The hotel provides a shuttle service to and from Chicago Midway Airport as well as a car rental service, which enables you to travel around the city with ease.

LXG Midway Airport

Address: 7353 South Cicero Avenue

7. Holiday Jones (from USD 27)

Hostel Holiday Jones is located in Wicker Place and is an art lover’s dream. The hostel is located near several lounges, bars, restaurants, and music venues. However, guests do not have to travel outside of the hostel to enjoy art and delicious food. There are bright and eye-catching art pieces displayed throughout the hostel. Even the rooms, which contain interesting combinations or various plaid and argyle patterns paired with a neutral pale gray wall, have been decorated by located artists. Holiday Jones has a restaurant called 5411 Empanada, where you can sample authentic South American dishes. Tourist attractions, such as the Navy Pier and Millennium Park, are within four miles (6.4 km) of the hotel, and the Sears Tower and city center area about a 20-minute train ride away.

8. Urban Holiday Lofts (from USD 19)

If you love art, culture, and a bargain, consider staying in Urban Holiday Lofts. Urban Holiday Lofts is in Bucktown, an artsy and trendy neighborhood. Both the private and shared dorm rooms have a vintage and rustic feel due to the combination of brick walls and mahogany floors and ceilings. This is a reflection of the hostel’s origin as a former historic drum factory which was eventually converted into a hostel. The hostel is near several art galleries, cafes, bars, and Wicker Park. If you would like to do the conventional tourist activities or experience the downtown nightlife, the downtown area is only five miles (8 km) away. The train station, located five minutes away from the hostel, makes navigating the city painless.

Urban Holiday Lofts

Address: 2014 West Wabansia

Do not let the Windy City blow a hole in your pocket!

You do not have to go broke while exploring the Windy City. Use this list of budget-friendly hotels to help book you quality, affordable accommodations in Chicago. The money you save can be used to help you see more of the city or can simply go to your savings account. Either way, your wallet will be happy!

Disclosure: Trip101 selects the listings in our articles independently. Some of the listings in this article contain affiliate links.

Get Trip101 in your inbox

Unsubscribe in one click. See our privacy policy for more information on how we use your data

Hannah took her first international trip at one month old and has been traveling ever since. She loves being immersed in different cultures, trying new foods, meeting new people, and sharing her...Read more

 Want to contribute as a Local Expert?
Explore Chicago
Good things are meant to be shared!