10 Best Budget Hotels in New York City Under $150/Night

New York City skyline at night 202

New York City Skyline at Night 2026

Planning a trip to New York City but worried about hotel costs? You’re not alone. NYC hotels can be expensive, but budget travelers can still find clean, safe, and well-located places without spending $300 per night. In my opinion, NYC is still possible for budget travelers if you choose the right hotel. I personally think planning early makes a huge difference.

Here are the top 10 budget hotels in New York City for 2026 under $150 per night. All of them are near subway stations and have good reviews.

**1. The Bowery House - Lower East Side**

Price: From $120/night

Why we like it: Stylish hostel-style rooms, rooftop bar, 5 min walk to subway. Great for solo travelers and groups.

Best for: Backpackers and young travelers

**2. Pod 51 Hotel - Midtown East**

Price: From $135/night  

Why we like it: Compact "pod" rooms, amazing city views, rooftop lounge. Very clean and modern.

Best for: Couples and business trips. From the reviews I checked, guests love how close it is to Grand Central station.

**3. The Jane Hotel - West Village**

Price: From $110/night

Why we like it: Historic hotel with tiny but cozy rooms. Near Chelsea Market and High Line.

Best for: Budget travelers who want character

**4. Freehand New York - Flatiron District**

Price: From $145/night

Why we like it: Cool vibe, shared and private rooms, pool. Social atmosphere.

Best for: Groups and social travelers

**5. Hotel New York Times Square**

Price: From $148/night

Why we like it: High-tech rooms, robot concierge, great location. Small rooms but smart design.

Best for: First-time NYC visitors

**6. HI NYC Hostel - Upper West Side**

Price: From $45/night for dorms

Why we like it: Clean dorms and private rooms, free breakfast, near Central Park.

Best for: Solo travelers and students

**7. The paper Factory Hotel - Long Island City, Queens**

Price: From $125/night

Why we like it: 1 subway stop from Manhattan, Manhattan skyline views, cheaper than Manhattan hotels.

Best for: Budget travelers who don’t mind 10 min subway ride

**8. Hotel 57 - Midtown West**

Price: From $130/night

Why we like it: Simple rooms, 24/7 reception, near Times Square and Broadway.

Best for: Theater and Broadway fans

**9. Arlo NoMad - NoMad District**

Price: From $149/night

Why we like it: Trendy hotel, rooftop bar, good location between Midtown and Downtown.

Best for: Couples and digital nomads

**10. The Local NYC - Lower East Side**

Price: From $118/night

Why we like it: Boutique style, friendly staff, near good food spots.

Best for: Food lovers and explorers

**Budget Hotel Tips for NYC 2026:**

1. Book 2-3 months early for best prices

2. Stay in Queens or Brooklyn to save 30-40%

3. Check for "pay at hotel" options on Booking.com

4. Avoid weekends if possible - weekday rates are 20% cheaper

5. Look for hotels near subway lines 1, 2, 3, 4, 5, 6

Final tip: Save on hotels and spend more on experiences, food, and Broadway shows. If I ever visit New York, I would definitely try The Bowery House first because of the rooftop view.

All prices are estimates for 2026 and may change based on season and demand.