Uncover the Best Budget-Friendly Hotels in Central London

We checked thousands of reviews on and to find the best hotels for your stay
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author

Edgar Loper

Updated: 24 February 2024 · 5 min

Nestled among the sprawling grandeur of one of the world's most iconic cities, Central London offers an array of attractions, from the majestic Buckingham Palace to the vibrant scenes of Covent Garden. Amidst the bustling streets and historic landmarks, savvy travelers can find a treasure trove of affordable accommodation options. For those who wish to experience the heart of the UK's capital without breaking the bank, the search for cheap hotels in Central London presents promising options that blend cost-efficiency with comfort.

The notion that a stay in Central London must inevitably come with a hefty price tag is being challenged by a variety of budget-friendly hotels. These economically priced havens provide visitors with the essential amenities and welcoming atmospheres, ensuring a restful retreat after a day of exploring the city's endless sights and sounds. By choosing one of these cheap hotels, you can allocate more of your travel funds towards experiencing London's rich tapestry of cultural experiences, from West End shows to gourmet food markets.

Diligent research and planning can lead to discovering that these low-cost lodgings are often situated mere moments from major transport hubs such as King's Cross or Victoria Station, making traversing the city a breeze. Recommendations for such hotels are not only based on their price but also on the value they offer - including comfortable beds, clean rooms, and often complimentary Wi-Fi. Insightful travelers know that choosing the right hotel in Central London can be the cornerstone of an unforgettable, yet affordable, urban adventure.
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Our Top 10

(Sorted by rating & number of reviews)

1. Travelodge London Central City Road
2. Ibis London City - Shoreditch
3. Generator London Hostel
4. The Hoxton, Holborn Hotel
5. Premier Inn London Southwark
6. Point A Hotel London Kings Cross - St Pancras
7. The Z Hotel Soho
8. Point A Hotel London Paddington
9. The Z Hotel Gloucester Place
10. The Walrus Bar And Hostel

Family Favorites: Cheap Hotels in Central London for All Ages

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London
Jan 18, 2026 - Jan 19, 2026

Travelodge London Central City Road

+ 113 photos
Conveniently perched near the Silicon Roundabout tech district, Travelodge London Central City Road is tailored to accommodate the rhythms of a business trip. Boasting the ever-important free Wi-Fi, comfortable Dreamer™ beds, and an on-site restaurant that provides a breakfast buffet, the hotel is designed with the working traveler in mind. With meeting facilities available to host presentations or small conferences, this Travelodge seamlessly combines budget-friendly lodging with the practicalities required for business dealings in the city. Its proximity to Moorgate and Liverpool Street stations also provides an added convenience for commuting to meetings or exploring London once the workday ends.
Address: 1-23 City Road
Rooms: 99
Price: From 57$

Ibis London City - Shoreditch

7.9

Good

(6867 Reviews)

+ 175 photos
The Ibis London City - Shoreditch strikes the right balance for business travelers with its modern rooms equipped with work desks and free Wi-Fi. Situated in the center of the vibrant Shoreditch district, it is a short distance from the financial hub of the City of London, and offers easy access to plenty of eclectic dining and nightlife options. With a focus on comfort, the hotel's 'Sweet Bed' by Ibis and 24-hour reception service cater to the varied schedules of business travelers. The on-site restaurant serving up international cuisine ensures that guests can enjoy a meal at their convenience, making it a pragmatic choice for professionals looking for cheap hotels in central London.
Address: 5 Commercial Street
Rating: Good 7.9 (6867 Reviews)
Rooms: 348
Price: From 163$

Solo Traveler Sanctuaries: Cheap Hotels in Central London

Traveling solo through London can be an enriching and eye-opening experience, and finding an affordable, quality hotel makes it all the better. Solo adventurers often seek hotels that combine affordability with a safe and social environment. These cheap hotels in central London are perfect for solo travelers looking for comfort, convenience, and even some camaraderie. With locations near cozy cafes, pulsating nightlife, and essential public transport links, these hotels ensure that solo guests can easily mingle with the city's offerings and fellow travelers alike. Whether you're looking to meet other globetrotters or simply desire a peaceful retreat after your urban explorations, these three hotels provide the perfect balance for any solo expedition.

Generator London Hostel

7.0

Good

(9136 Reviews)

+ 199 photos
Appropriately nestled near the lively area of King's Cross, the Generator Hostel London presents itself not just as a place to sleep, but as a social hub for solo travelers. Boasting a trendy industrial chic décor and a sociable common area, Generator Hostel is more than just affordable—it's an experience in itself. Their dormitory rooms provide a budget-friendly alternative, while private en-suite rooms cater to those desiring more privacy. The on-site café, bar, and weekly events facilitate connections among guests, making it one of the most vibrant and cheap hotels in central London for solo travelers. Safety is also a top priority, with key card access rooms and 24-hour reception ensuring peace of mind.
Address: 37 Tavistock Place, Russell Square
Rating: Good 7.0 (9136 Reviews)
Rooms: 751
Price: From 29$

The Hoxton, Holborn Hotel

8.4

Good

(2020 Reviews)

+ 77 photos
The Hoxton, Holborn brings a boutique hotel experience within a manageable budget for travelers with a penchant for food. The hotel boasts an in-house restaurant and coffee bar but is also amidst a foodie’s haven with the diverse range of eateries in Covent Garden and Holborn. Along with comfortable room options, savvy diners will appreciate the value of the hotel’s central location, situated close to artisan bakeries and hidden food markets. The sociable lobby space doubles as a workspace and a spot to indulge in a coffee, mirroring the area's dual reputation for business and gastronomic excellence. Thus, The Hoxton sets itself apart as a prime, yet economical, stay for guests enthused by urban epicurean experiences.
Address: 199 - 206 High Holborn
Rating: Good 8.4 (2020 Reviews)
Rooms: 220
Price: From 405$

Business Travel Budget: Cheap Hotels in Central London

Business trips to London require a delicate balance between location, amenities, and budget. Thankfully, Central London offers several cheap hotels that cater specifically to the needs of business travelers seeking convenience without exorbitant costs. These selected hotels provide business essentials like free Wi-Fi, workspaces, and easy access to public transport and London's business districts. In choosing these accommodations, business travelers can expect both productivity and leisure, as they are also located close to some of London’s main attractions for post-work downtime. Below, we spotlight three cheap hotels in Central London that ensure business travel is both efficient and economical.

Premier Inn London Southwark

8.8

Good

(126 Reviews)

+ 29 photos
Situated near one of London's most famous food destinations, Premier Inn London Southwark is ideal for those who wish to capture the essence of London's culinary diversity without overspending on accommodation. The hotel offers all the trusted features of the Premier Inn brand, including the much-applauded Hypnos beds, and the convenience of an on-site Thyme restaurant. Guests will find themselves a short stroll away from Borough Market, where they can sample artisan cheeses, gourmet street food, and freshly baked treats. For the food-loving traveler, this hotel is not just about having a place to lay your head, but also about having a diverse culinary adventure right on your doorstep, proving that cheap hotels in central London can indeed surpass expectations.
Address: 34 Park Street
Rating: Good 8.8 (126 Reviews)
Rooms: 59
Price: From 204$

Point A Hotel London Kings Cross - St Pancras

7.9

Good

(3179 Reviews)

+ 109 photos
Smartly situated in the center of the action, The Point A Hotel offers uncomplicated comfort for families on the go. With both Kings Cross and St Pancras stations within walking distance, transport to any part of London, or even for a quick trip to Paris via the Eurostar, becomes a breeze. The hotel takes pride in providing snug rooms with smart design features to maximize space, allowing families to unwind after an adventurous day without toppling over their luggage. It's not only the practicality that makes this hotel appealing but also the value-added touches like mood lighting and fast, free Wi-Fi that cater to both parents and children. For families keen on exploring Central London without the lavish expense, The Point A Hotel is a commendably cheap option that doesn't skimp on the necessities.
Address: 324 Grays Inn Road
Rating: Good 7.9 (3179 Reviews)
Rooms: 217
Price: From 90$

Culinary Connoisseurs: Cheap Eats Near Hotels in Central London

Food enthusiasts know that part of traveling is enjoying the local culinary scene. This next section is for those who not only want to stay in cheap hotels in central London but also want to be surrounded by a variety of great dining options that won't break the bank. Each of these hotels offers basic comforts and excellent locations near some of the city’s best affordable eateries, from street food markets to cosy cafes. Here are three hotels that serve as perfect bases for culinary adventures in the capital.

The Z Hotel Soho

7.6

Good

(7401 Reviews)

+ 38 photos
Tucked into the heart of one of London's most energetic neighborhoods, The Z Hotel Soho is surrounded by a myriad of culinary delights. This hotel merges affordability with culture and cuisine, placing guests steps away from some of the best budget-friendly restaurants, pubs, and cafes in London. After savoring the local flavors of nearby Chinatown or the longstanding cafes of Soho, guests can retreat to the comfort of the Z Hotel's well-appointed rooms—a perfect culinary and cozy resting combination.
Address: 17 Moor Street
Rating: Good 7.6 (7401 Reviews)
Rooms: 85
Price: From 195$

Point A Hotel London Paddington

8.1

Good

(6251 Reviews)

+ 122 photos
The Point A Hotel London Paddington offers a snug and stylish stay for business travelers, with its prime location near major transport links and the Paddington Basin business area. Notable for its quality bedding and powerful showers, the hotel provides the refreshment needed after a long day of work. Its minimalist design ensures that the focus remains on functional, comfortable accommodations, including mood lighting and smart TVs for a touch of relaxation. With Hyde Park just a short walk away, business travelers can take a stress-free break amidst greenery. For professionals in search of cheap hotels in central London combines affordability with the necessities of business travel.
Address: 41 Praed Street
Rating: Good 8.1 (6251 Reviews)
Rooms: 137
Price: From 95$

The Z Hotel Gloucester Place

7.9

Good

(6009 Reviews)

+ 62 photos
Z Hotels are renowned for combining affordable luxury with compact efficiency, and The Z Hotel Gloucester Place is no exception. Located in the heart of Marylebone, this hotel is a collection of six Georgian townhouses merged together to create a harmonious blend of historical charm and modern design. Despite its posh address, it offers family rooms and complimentary cheese and wine in the evenings, making it an attractive option for those looking for cheap hotels in central London. The close proximity to Madame Tussauds and Regent's Park adds to its family-friendly allure. With comfort-focused features like quality bedding and double-glazed windows to ensure a good night's sleep, families find this hotel both convenient and cost-effective.
Address: 51 Gloucester Place
Rating: Good 7.9 (6009 Reviews)
Rooms: 114
Price: From 204$

The Walrus Bar And Hostel

7.4

Good

(2261 Reviews)

+ 37 photos
For travelers who enjoy a taste of the eclectic, The Walrus Bar and Hostel offers a quirky charm that mirrors the spirit of solo adventure. Positioned a short walk from the iconic London Eye and the Southbank area, this hostel ensures all of London's central delights are easily accessible. Beyond mere lodging, The Walrus functions as a popular local bar where guests can immerse themselves in the local scene. The comfortable dorm beds and secure lockers cater perfectly to solo travelers' needs, providing an inexpensive and cheerful base from which to explore the city. Its reputation for friendly staff and a laid-back ambiance solidifies it as a cheap hotel gem in central London's vibrant heart.
Address: 172 Westminster Bridge Road
Rating: Good 7.4 (2261 Reviews)
Rooms: 37
Price: From 30$