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Best cheap hotels NYC, Graduate Roosevelt hotel, Time Out New York
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The 11 best cheap hotels in NYC

From unique B&Bs to modern high-rises, here are some of the very best cheap hotels in the Big Apple

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NYC can be a very, very expensive place – but it doesn’t have to be. And you don’t have to sacrifice style or quality for cheap prices, either. If you know where to look, NYC is packed to the brim with chic, cozy hotels at prices that won’t make your eyes water. So whether you’re hunting for a historic hideaway, a room with a view, or simply a hotel with an uber-convenient location, we’ve got you covered. Below we’ve rounded up NYC’s finest cheap hotels, helping you leave plenty of room in your wallet to splurge on the rest of your trip.

RECOMMENDED: Full guide to the best hotels in NYC

Who makes the cut? While we might not stay in every hotel featured, we've based our list on top reviews, hosts and amenities to find you the best stays. This article includes affiliate links. These links have no influence on our editorial content. For more information, see our affiliate guidelines. 

Best cheap NYC hotels

The Jane
  • Hotels
  • Boutique hotels
  • West Village
  • price 2 of 4

This century-old landmark is one of NYC’s most iconic properties. The hipster haven has a storied past visible through its vintage aesthetic. The hotel was once a temporary abode for survivors of the Titanic and the rooms have been restored to look like ship cabins. The antique, manually operated elevator run by classically uniformed bellhops adds to the charm and the rooms exude a dreamy Wes Anderson quality. Choices include tiny retro-inspired bunk bedrooms with shared bathrooms, larger dwellings with peacock-patterned wallpaper, and captain’s cabins with private terraces.

Mood? Old world charm.
Location perks? In the Meatpacking District of Manhattan.

Graduate Roosevelt Island
Courtesy: Booking.com

2. Graduate Roosevelt Island

As the only hotel on Roosevelt Island, the Graduate has so much to offer. From the on-site restaurant and bar garden to the fitness and business centers, this great (but cheap) hotel in NYC is a winner for those on a budget. Enjoy room service in your air-conditioned room with a TV before joining the continental breakfast served every morning – sadly not included in the room rate but totally worth it. The best part? The surrounding outdoor deck with panoramic views of the Hudson and New York City.

Mood? Bespoke design.
Location perks? On Roosevelt Island... yep, really.

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  • Hotels
  • B&Bs
  • Harlem
  • price 1 of 4

The dark-wood interior, moody lighting and lilting jazz music make musician René Calvo’s Harlem inn feel more like a 1930s speakeasy than a 21st-century B&B. The airy suites, named for Harlem Renaissance figures such as Chester Himes and Cozy Cole, have restored tin ceilings, a quirky mix of junk-store furnishings and working sinks in original antique cabinets.

Mood? Historic home vibes.
Location perks? In the heart of Harlem.

  • Hotels
  • Hostels
  • Kips Bay
  • price 1 of 4

Billed as 'Manhattan's famous art hotel', The Carlton Arms Art Project started in the late 1970s when a small group of creative types brought fresh paint and new ideas to a run-down shelter. Today, the site is a bohemian backpackers’ paradise and live-in gallery—every room, bathroom and hallway is festooned with outré artwork. The place gets booked early, so reserve well in advance.

Mood? Eclectic energy.
Location perks? Walking distance from Madison Square Park. 

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  • Hotels
  • Midtown West
  • price 2 of 4

Formerly the New Mills Hotel, the boutique Moxy Times Square proves you can have it all—affordability, comfort and style. Relax in a Yabu Pushelberg-designed room thoughtfully outfitted with 100 per cent Egyptian cotton linens and an oversize walk-in rain shower. Once recharged, head to one of five in-house dining spaces—we recommend a sunset cocktail at Magic Hour, New York’s largest all-season indoor-outdoor hotel rooftop bar and lounge featuring a rotating carousel, putt-putt golf course, topiary garden and stunning views of the Empire State Building.

Mood? Modern and central. 
Location perks? Seconds from Times Square. 

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  • Hotels
  • Boutique hotels
  • Midtown East
  • price 1 of 4

When people think of pod hotels, they’re usually talking about Tokyo – but NYC has them too. The perfect choice for those that are conscious about budget but not about space, Pod 51 offers a choice of six pod types that sleep between one and four guests. It’s all exceptionally clean and well-designed, featuring trendy décor and a surprisingly large number of amenities. Sure, you’re in a big box, but that doesn’t mean your big box can’t still be comfortable and have a flatscreen TV, WiFi, desk and more.

Mood? Contemporary design. 
Location perks? In Midtown East.

  • Hotels
  • Chain hotels
  • Downtown Brooklyn
  • price 2 of 4

Achieve serenity without breaking the bank at this wellness-minded hotel located within walking distance of the Brooklyn Bridge. In addition to the expansive in-house fitness studio, each room is complete with its own training zone, fitness kit, revitalizing spa shower and natural eucalyptus linens.

Mood? Cheap and cheerful.
Location perks? Situated in downtown Brooklyn.

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  • Hotels
  • Boutique hotels
  • Boerum Hill
  • price 2 of 4

At this Brooklyn hotel, hospitality and sustainability converge. Wake up to environmentally friendly touches like organic linens, recycled teak furniture and all-natural bath products. The eco-consciousness extends into the mini-bar, which comes stocked with locally handcrafted wines, spirits and snacks.

Mood? Traveler vibes.
Location perks? In the BoCoCa neighborhood.

  • Hotels
  • Boutique hotels
  • Little Italy
  • price 1 of 4

Firmly claiming the title of "oldest operating hotel in New York City", this Broome Street spot once welcomed the likes of William Waldorf Astor and John L. Sullivan. A contemporary makeover has left some rooms with skylights, a yellow-and-blue color scheme, flat-screen TVs, exposed brick walls, and hardwood floors, but it still retains some of that 1805 charm.

Mood? Classic NYC loft energy.
Location perks? In the heart of – you guessed it – Soho.

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45 Times Square Hotel
© Booking.com

11. 45 Times Square Hotel

If you want to be central, you can't get much more central than literal Times Square. And you'll be pleased to know it won't bust the bank either. You can get a standard room for close to $100, which is unheard of in this area, unless you're sharing a dorm. For your money, you get three-star accommodation (so fewer frills), but that includes free wifi and a 24-hour front desk. Plus, you can get a cheap bang-up breakfast at Connolly's Irish Pub next door.

Mood? Maximalist charm.
Location perks? It's literally steps from all the action of Times Square.

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