Top Affordable Hotels in Central London

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

Updated: 13 January 2024 · 3 min

London is a city that effortlessly blends history, culture, and modernity. From iconic landmarks like Big Ben and the Tower Bridge to world-class museums and bustling markets, London offers an unforgettable experience for every traveler. And what better way to explore this magnificent city than by staying in centrally located cheap hotels? In this article, we will guide you through the best accommodations in the lively heart of London that won't break the bank.

When it comes to finding budget-friendly hotels in the central of London, location is key. Opting for a hotel in the heart of the city not only saves you time on transportation but also grants you easy access to the top attractions and vibrant neighborhoods. You can immerse yourself in the rich history of the British Museum, take a leisurely stroll along the Thames River, or indulge in some retail therapy on Oxford Street, all conveniently located within reach of affordable accommodations.

While affordability is essential, quality should never be compromised. Fortunately, London offers a plethora of cheap hotels that provide comfortable rooms and excellent amenities. Whether you prefer a cozy boutique hotel with personalized service or a well-known chain with reliable standards, there are options to suit every discerning traveler. With careful research and booking in advance, you can secure fantastic deals that allow you to make the most of your London adventure without breaking the bank.

So, if you're dreaming of strolling through Hyde Park, exploring the historical wonders of Westminster Abbey, or enjoying the vibrant nightlife of the West End, look no further. In the following sections of this article, we will delve into the top cheap hotels in the central of London, providing insights and recommendations to help you find the perfect accommodation to make your stay in the city both affordable and unforgettable.
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Our Top 5

(Sorted by rating & number of reviews)

1. Holiday Inn Express London City, An Ihg Hotel
2. Ibis London Euston Station - St Pancras International Hotel
3. Artist Residence London
4. Travelodge London Central City Road
5. Marrable'S Farringdon Hotel

Budget-Friendly Boutique Hotels in the Central of London

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London
Mar 12, 2026 - Mar 13, 2026

Holiday Inn Express London City, An Ihg Hotel

7.9

Good

(121 Reviews)

+ 98 photos
Located in the vibrant neighborhood of Aldgate, the Holiday Inn Express London - City provides a budget-friendly option for travelers. The hotel's modern and stylish rooms are designed with comfort in mind, offering a relaxing retreat after a day of exploring the city. With its convenient location near popular attractions like the Tower of London and Brick Lane, this hotel is a great choice for budget-conscious travelers.
Address: 275 Old Street
Rating: Good 7.9 (121 Reviews)
Rooms: 224
Price: From 112$

Ibis London Euston Station - St Pancras International Hotel

8.3

Good

(5523 Reviews)

+ 87 photos
Situated just steps away from Euston Station and St Pancras International, ibis London Euston Station offers affordable accommodation in a prime location. The hotel's compact and well-designed rooms ensure a comfortable stay, and guests can enjoy a variety of international cuisines at the on-site restaurant. With its proximity to renowned landmarks like the British Museum and Covent Garden, ibis London Euston Station is an excellent choice for budget travelers.
Address: 3 Cardington Street
Rating: Good 8.3 (5523 Reviews)
Rooms: 380
Price: From 148$

Affordable Chain Hotels in the Central of London

In this section, we will explore a range of affordable chain hotels in the central of London. These well-known hotel brands provide reliable standards and quality accommodations at budget-friendly prices. With their convenient locations and excellent amenities, they are ideal for travelers seeking affordability without compromising on comfort.

Artist Residence London

9.1

Good

(86 Reviews)

+ 101 photos
For a boutique hotel with artistic flair, look no further than Artist Residence London. Situated in Pimlico, this hotel seamlessly blends creativity and affordability. Each room is uniquely decorated by local artists, showcasing vibrant artworks and providing an immersive experience. The hotel's cozy cocktail bar, Clarendon Cocktail Cellar, adds to its charm, making it an ideal choice for those seeking a different kind of budget accommodation.
Address: 52 Cambridge Street
Rating: Good 9.1 (86 Reviews)
Rooms: 10
Price: From 246$

Travelodge London Central City Road

+ 113 photos
The Travelodge London Central City Road is a fantastic choice for budget-conscious travelers seeking a reliable and comfortable stay. Situated in the bustling neighborhood of Shoreditch, this hotel offers clean and well-appointed rooms, ensuring a restful night's stay. With its proximity to vibrant markets, trendy bars, and lively music venues, Travelodge London Central City Road provides a truly authentic London experience without breaking the bank.
Address: 1-23 City Road
Rooms: 99
Price: From 57$

Budget-Friendly Chain Hotels in the Central of London

For travelers seeking affordability and the reliability of well-known hotel chains, this section explores a selection of budget-friendly chain hotels in the central of London. These hotels offer comfortable rooms, convenient locations, and competitive rates, ensuring a pleasant stay without compromising on your budget.

Marrable'S Farringdon Hotel

8.2

Good

(922 Reviews)

+ 88 photos
Located in the trendy neighborhood of Clerkenwell, The Zetter Hotel is a hidden gem for budget-conscious travelers. The hotel combines contemporary design with a warm and inviting atmosphere. Its stylish rooms feature modern amenities, and the hotel's award-winning restaurant, The Zetter Restaurant, offers a delightful culinary experience. The Zetter Hotel perfectly embodies the spirit of affordable luxury in the very heart of London.
Address: 86-88 Clerkenwell Road
Rating: Good 8.2 (922 Reviews)
Rooms: 59
Price: From 179$

Affordable and Well-Connected Hotels near Central London

If you're looking for affordable accommodation with excellent transportation links to central London, this section highlights some wallet-friendly options. Located in the outskirts but still easily accessible, these hotels offer a comfortable stay and the convenience of efficient transport connections.