Lisbon is Portugal’s capital, and as such, it offers a beautiful getaway with scenic views and much to do in the areas of art, culture, media, and entertainment. Wherever you’re from, traveling to another city, country, town or even continent can seem daunting, but there are plenty of budget-friendly hotels as options in Lisbon.
We handpicked these listings carefully, considering (wherever possible) 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 August 26, 2025.
1. Hotel HF Fenix Urban (from USD 123)
The Hotel HF Fenix Urban is a four-star rated, modern and centrally located hotel in Lisbon that offers a great location, amenities, and beautiful rooms. Better yet, it offers it all at a very affordable price. If booked a month ahead, the rooms can run around 300 USD for an entire weekend. With a deal that budget-friendly, you’ll have plenty left to explore the bars, shops and restaurants nearby, or save even more with all of the free activities that are within walking distance. The famous Parque Eduardo VII will be close to you, and you’ll have easy access to other monuments and historical building.
HF Fenix Urban
Address: Avenida Antonio Augusto De Aguiar,14
1.09 km (0.7 mi) from Calouste Gulbenkian Museum
2. The Radisson Blu Hotel (from USD 126)
The Radisson Blu Hotel is another four-star rated hotel that’s located conveniently close to the Portela International Airport, so it’s a perfect spot for short visits. At only 274 USD per weekend, you won’t be breaking the bank even though you’ll be receiving plenty of the amenities that come with pricier options. The restaurant and bar offer breakfast, lunch and dinner, exotic cocktails and live music, and all of the rooms are stocked with modern amenities, hardwood floors, and marble bathrooms. Even if you’re opting to stay close to the airport, the metro station is a quick walk away, providing access to the city center and entirety of Lisbon.
Radisson Blu Hotel Lisbon
Address: Av. Marechal Craveiro Lopes, 390
2.42 km (1.6 mi) from Calouste Gulbenkian Museum
3. Hotel Luena (from USD 114)
Hotel Luena offers a deal that just can’t be beat for its location. If booked in advance, the hotel offers rooms at 258 USD per weekend. It’s situated directly in the city center but also offers easy access to the rest of Lisbon because the Metro Station is only a five-minute walk away. Whatever you have planned for your stay in Lisbon, you’ll be able to do it easily and while maintaining your budget.
Hotel Luena
Address: Rua Pascoal de Melo 9
1.7 km (1.1 mi) from Calouste Gulbenkian Museum
4. Olaias Park Hotel (from USD 137)
If you’re looking for a budget-friendly hotel without sacrificing beautiful views and amenities, look no further than the Olaias Park Hotel. The four-star hotel looks out onto the Tagus River as well as Lisbon and also provides easy access to both the riverside and Parque das Nações. If neither of those piques your interest, you can always walk across the street and take the metro to any location you’d like within Lisbon. Inside the hotel, you’ll be treated to full amenities, a restaurant, and an outdoor swimming pool.
Ramada by Wyndham Lisbon This is a Proud Certified property where you can be extra sure of a welcoming stay.
Address: Av. Eng. Arantes e Oliveira, 9
2.56 km (1.6 mi) from Calouste Gulbenkian Museum
Lisbon Tour Guide
Rita Jardim
Rita has been a tour guide in Portugal since 2015. She is a passionate storyteller and a history buff whose goal is to immerse curious travelers in the beautiful Portuguese tale. Rita creates customized tours, cultural experiences, and food adventures in Lisbon, Belém, Sintra, Évora, and lesser-explored corners of Portugal. If you're looking for a genuine and immersive experience beyond the typ... Read more
Tours by Rita
Lisbon Tour Guide
Francisco
Hello!!! My name is Francisco, but my friends call me Chico, so, feel free to call me that! I was born, raised and live in Lisbon, but I am a well travelled person, as I work for almost 30 years in the Tourism Industry. I am a family man, father of 3 grown up boys, and my friends say I am a "Social Animal" as I easily make friends! I love sports ( especially soccer and rugby), walking the st... Read more
Tours by Francisco
Lisbon Tour Guide
Rui Alves
I offer tours and guide services in Portugal, from North to South, with professionalism and love representing the best hidden gems of our country.
Tours by Rui
Lisbon Tour Guide
Marta Côrte Real F4 Lwm
I was born in Lisbon and I'm forever in love with it! After my family, guiding is my greatest passion: I love what I do! I have a 5 year degree called Touristic Information, specifically to work as a Tourist Guide, as well as the Certificate of Competence acquired through a qualifying examination, in order to be able to exercise this regulated profession. I own and manage a tour company licens... Read more
Tours by Marta
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5. Hotel VIP Executive Entrecampos (from USD 114)
The Hotel Executive Entrecampos is the perfect budget-friendly accommodation for anyone visiting Lisbon on business. With nine meeting rooms and a conference center, the hotel will be able to offer you everything you need to complete your business, while also providing great options for sightseeing during your downtime. The hotel is walking distance to the Entrecampos metro station and also very close to the Bairro Alto Chiado area. If you’d rather lounge at the hotel, it also provides an indoor pool, sauna, and Turkish bath.
VIP Executive Entrecampos Hotel & Conference
Address: Avenida 5 de Outubro, 295
1.09 km (0.7 mi) from Calouste Gulbenkian Museum
6. Hotel Roma (from USD 168)
Are you a foodie? If so, you’ll love staying near Lisbon’s Alvalade district, which offers many top restaurants, shops, and theaters. Hotel Roma is situated in the district, and it provides luxurious, clean rooms at a great cost. Rooms range about 278 USD for one weekend. In addition to the great location, you’ll also be provided with room service, a restaurant with a variety of options, and satellite TV. Some of the room options also offer a private balcony.
Hotel Roma
Address: Avenida de Roma 33
1.46 km (1.0 mi) from Calouste Gulbenkian Museum
7. Hotel Alif Avenidas (from USD 122)
Hotel Alif Avenidas is a great trendy spot that’s not too close and not too far from the city center, so it’s perfect for those who want quiet and easy access to activities. The hotel is rated well for its service, cleanliness and its value. At only 281 USD per weekend, you’re really getting a great deal for everything that it offers. The location is only around 15 minutes from the city center, and while at the hotel you’ll be treated to room service and a bar that serves both non-alcoholic and alcoholic drinks.
Hotel Alif Avenidas
Address: Av. Duque De Ávila 189
417 meters (0.3 ft) from Calouste Gulbenkian Museum
8. Patria Hotel (from USD 99)
The Patria Hotel is a great spot for couples because of its proximity to beautiful parks for picnicking. The hotel is only a 15-minute walk from both the Marques de Pombal Square as well as Eduardo VII Park. Even if you’re staying in, the staff at the Patria treat you to the best service and cleaning, so you may not even want to leave. The hotel is only 94 USD per night, and you’ll also have the option of eating at the hotel’s local and international buffet breakfast.
Patria Hotel
Address: Avenida Duque De Ávila 42, 4º, 5º E 6º Andar
670 meters (0.5 ft) from Calouste Gulbenkian Museum
A city of wonder for everyone
No matter where you’re from or why you’re traveling to Lisbon, it has something to offer for everyone. Its rich history, exciting entertainment, and beautiful scenery will keep you occupied whether you’re vacationing, on business or traveling solo. Don’t feel like you have to settle for less if you’re on a budget either because there are many options that offer luxury at an affordable price.
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