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What are the best cheap hotels in Hong Kong?
Hong Kong is a great city. And it’s also one of the most expensive cities in the world. Real estate there on average costs more than in London, meaning accomodation in Hong Kong can be very expensive. Take this into account when planning a trip to Hong Kong. And even better – save this list of some of the best cheap hotels in Hong Kong. Good planning can help you make your dollar go further in Hong Kong.
Traveling to Hong Kong soon? Book a room now and save!
Table of Contents
Best Cheap Hotels in Hong Kong
Now let’s take a look at the list of best cheap hotels in Hong Kong.
Some of these hotels are located on the the mainland of Hong Kong, others – on Hong Kong Island. Some are closer to the airport than others, and some are just next to the beach. Yes, that’s also a possibility. You can live next to the beach in Hong Kong. All of them offer different types of rooms that range in size, level of comfort and not only. For all the options, check them out on Booking.com or Agoda.com.
1. Ibis Hong Kong Central & Sheung Wan

A popular 3-star hotel on Hong Kong Island.
One of the very best cheap hotels in Hong Kong.
Thinking of staying on Hong Kong Island? Closer to the Hong Kong’s main business district? Here is one of the best cheap hotels in Hong Kong Island. Sure, it’s not the cheapest option, but it’s good. From some of its rooms you can have a view of Hong Kong’s spectacular skyline.
PRICE: Double room starts at 55 EUR
BOOK ONLINE: Booking.com, Agoda.com
Disclaimer. Prices change constantly. What’s 100 euro today, might be 50 euro tomorrow. Check the latest price. And ALWAYS compare the price. Sometimes the same hotel is cheaper on Booking.com, other times – on Agoda.
2. Yesinn @YMT Hostel

A very nice and stylish hostel in Kowloon.
It’s also a very centrally located hostel. Only a short walking distance away from 2 metro stations and a busy night market. There are a lot of restaurants and shops in the area. They offer both cheap bunk beds (these rooms are with en-suite bathrooms, which is very cool) and private rooms.
PRICE: Double room starts at 45 EUR (bed – 15 EUR)
BOOK ONLINE: Booking.com, Agoda.com
Some of these hotels aren’t that cheap, but they are here to give you a bigger choice. At the same time, all of these hotels are some of the best value hotels in Hong Kong you can find.
3. Butterfly on LKF Boutique Hotel Central
A very stylish and modern hostel in Hong Kong.
The hotel is located on Hong Kong Island, near Victoria Harbour. The closest metro station (Central) is a short walk away from hotel. Rooms are small but not tiny, and they are very well planned. Rooms are with ensuite bathrooms, feature a TV and air conditioning. Wi-Fi is available in all rooms.
PRICE: Double room starts at 60 EUR
BOOK ONLINE: Booking.com, Agoda.com
4. Kew Green Hotel Wanchai Hong Kong

A popular 4-star hotel on Hong Kong Island.
The hotel is centrally located, near the Victoria Harbour. It’s only a 2-minute walk away from Wanchai MTR Station. Rooms ar rather spacious and comfortable, also for a longer stay. The hotel offers a special, ladies-only floor. There is a well-equipped gym.
PRICE: Double room starts at 70 EUR
BOOK ONLINE: Booking.com, Agoda.com
5. YHA Mei Ho House Youth Hostel

An affordable hostel in Kowloon, Hong Kong.
They are offering both private rooms and dorm beds. Located a short walk away from the nearest metro station, the hostel features a lounge area, a shared washing machine and shared kitchen. Dormitory rooms come with lockers.
PRICE: Double room starts at 50 EUR
BOOK ONLINE: Booking.com, Agoda.com
6. Timehouse (Hong Kong Hostel Group)

A very cheap hotel on Hong Kong Island.
The hotel is offering tiny rooms with private bathroom. Again, same like in all of the cheapest guest houses in Hong Kong, private rooms here are tiny. You may have to travel to Hong Kong to learn what a tiny room actually means. There are also separate female dormitory rooms.
Victoria park is a 5-minute walk away from the guest house.
PRICE: Double room starts at 40 EUR
BOOK ONLINE: Booking.com, Agoda.com
7. City Oasis Guesthouse

Looking for the cheapest hotel in Hong Kong near airport?
You may have found it. Located approximately a 10-minute taxi ride from Hong Kong International Airport this guest house on Lantau island is a good option if you want to save money and be closer to nature. Tian Tan Buddha statue, one of Hong Kong’s most popular attractions and tourist hotspots, is about an hour walk away from the guest house. The same as far is the Lantau hiking trail.
PRICE: Double room starts at 80 EUR
BOOK ONLINE: Booking.com, Agoda.com
8. B & B Cheung Chau

A bed & breakfast close to the beach on Cheung Chau island.
Haven’t heard of this island? Cheung Chau is one of approximately 250 islands in Hong Kong. Here are four of the main reasons why people visit Cheung Chau: to escape noise of the city, to swim, to indulge on seafood, to do the Cheung Chau hike. The island is a short ferry ride away from the center of Hong Kong.
It’s one of the best cheap places to stay in Hong Kong, if you also want to be closer to the nature. The guest house is located close to the ferry terminal and the beach.
Dorm beds are available as well.
PRICE: Double room starts at 70 EUR
BOOK ONLINE: Booking.com, Agoda.com

Where to Find the Cheapest Hotels in Hong Kong?
Check the prices online. Compare. Compare. Compare.
Or just go to the Chunking Mansions, a complex of several buildings where tens of cheap hotels could be found. For the lowest rates head over to the place and ask. From my own experience, this way it’s possible to find a room/bed for as little as 50% of what you would pay when booking online. Just enter the building and ask the first person – I need a room, can you help me?
This is also where you should be looking if you want to find the cheapest hotel in Hong Kong near Kowloon. Chunking Mansions complex is located in Tsim Sha Tsui, Kowloon, a major tourist hub in Hong Kong. Which means that by staying there you’ll not only find a cheap accomodation in Hong Kong, but you’ll also be very centrally located, close to many of the main tourist attractions in Hong Kong.
Have you been to Hong Kong? Where did you stay? In which area of Hong Kong? What’s the best cheap hotel in Hong Kong in your experience?
Book Your Trip Like a PRO
1. Book Your Flight. Find cheap flights using Kiwi.com, Momondo.com. Or subscribe to Dollar Flight Club, if you don’t want to be searching for the flights yourself. Kiwi currently is my first choice.
2. Book Your Accommodation. Booking.com, Agoda.com and Airbnb. I use Booking and Agoda at least a dozen times a year, and Airbnb – when looking for a long-term stay. My best tip is to ALWAYS compare the price. Sometimes the same hotel is cheaper on Booking.com, other times – on Agoda. Always compare the price!
3. Buy Your Travel Insurance. Ekta and SafetyWings are two companies I can recommend. Ekta offers some extra benefits, that will be important for those doing some higher risk activities (make sure to choose the right plan!), while SafetyWings is better for digital nomads. SafetyWings is also very affordable.
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