New York City is one of the world’s most fascinating tourist destinations, but also one of the most expensive. Luckily, finding affordable accommodation in the Big Apple is still possible if you know where to look. Whether you’re traveling for business, tourism, or a quick getaway, here’s a guide to the best budget hotels in New York City for under $150 a night, offering excellent value, comfort, and great locations.
List of Best Cheap Hotels in New York City Under $150
1. Pod 51 Hotel – Midtown East, Manhattan
Average Rate: From $120/night
Location: 230 E 51st St, New York, NY 10022
Pod 51 is a popular budget hotel designed for modern travelers. The rooms are compact yet stylish, with free Wi-Fi, flat-screen TVs, and comfortable bedding. Guests can enjoy the rooftop terrace with city views and an on-site coffee shop. Its Midtown location makes it ideal for exploring iconic landmarks like Times Square and Rockefeller Center.
Why stay here?: Budget-friendly, clean, and centrally located; perfect for solo travelers or couples.
2. The Jane Hotel – West Village
Average price: From $140/night
Location: 113 Jane St, New York, NY 10014
The Jane Hotel is known for its vintage charm and cottage-style rooms inspired by old ship cabins. While the rooms are small, the decor is cozy, and the shared bathrooms are well-maintained. It’s located near the Hudson River, the High Line, and Chelsea Market, making it a great choice for explorers.
Why stay here?: Unique design, trendy neighborhood, and friendly atmosphere.
3. Moxy NYC Downtown – Lower Manhattan
Average price: Around $145/night (deals often available)
Location: 26 Ann St, New York, NY 10038
The Moxy Downtown is a modern, youthful hotel that combines affordable prices with style. Rooms feature smart layouts, large TVs, and rainfall showers. Guests enjoy a lively bar, fitness center, and coworking spaces. It’s located a short walk from One World Trade Center and the Brooklyn Bridge.
Why stay here?: Vibrant atmosphere, modern amenities, and a great location for sightseeing.
4. Hotel Mimosa – Chinatown
Average price: From $135/night
Location: 79 Division St, New York, NY 10002
Located in the heart of Chinatown, the Hotel Mimosa is a hidden gem for budget travelers. The hotel offers simple but spotless rooms with free Wi-Fi, coffee, and 24-hour reception. You’ll have easy access to Lower Manhattan, SoHo, and the East Village.
Why stay here?: Excellent service, clean rooms, and a central location.
5. LIC Hotel – Long Island City, Queens
Average rate: From $130/night
Location: 44-04 21st St, Long Island City, NY 11101
Just one subway stop from Manhattan, the LIC Hotel offers comfortable and affordable prices with spacious rooms, free breakfast, and a rooftop terrace with panoramic city views. It’s an ideal option for those looking to save money without straying far from New York’s main attractions.
Why stay here?: Free breakfast, quiet neighborhood, and easy access to Midtown Manhattan.
6. The Local NYC – Long Island City
Average Rate: From $100/night (private rooms and dorm options)
Location: 13-02 44th Ave, Long Island City, NY 11101
The Local NYC is a boutique hostel offering private and shared rooms, combining a social atmosphere with modern comfort. It features a bar, café, and rooftop terrace with panoramic city views—a fantastic option for budget-conscious travelers.
Why stay here?: Affordable prices, a welcoming atmosphere, and excellent service.
Tips for booking cheap hotels in New York City
Here are some helpful tips for booking a more affordable hotel stay in New York City without sacrificing too much comfort:
Be flexible with your dates and stay outside of peak season
Prices tend to be lower when you avoid major holidays, big events, and the busiest tourist months.
Staying midweek (especially Tuesday through Thursday) is often cheaper than staying on weekends in certain areas.
Consider the shoulder season (late winter, early spring, or late fall) when demand is lower
Compare prices on different platforms and check the total cost.
Use hotel comparison sites like Booking.com, Expedia, and Kayak to compare deals.
Always check the final total, including taxes, fees, and extras (such as the tourist tax or the cost of Wi-Fi). What seems cheap at first might end up being more expensive.
Choose your location wisely
Staying a little outside the most touristy areas (such as Midtown Manhattan) can save you money. Neighborhoods like Brooklyn or Queens can offer better value without sacrificing good connectivity.
Make sure your hotel is close to a subway station; good access to public transportation is essential in New York City.
Take advantage of loyalty programs, discounts, and promotional offers
Join hotel loyalty programs (they’re often free): you’ll get exclusive member rates, points, and perks.
Check if you have any memberships (e.g., AAA, AARP) or credit cards that offer hotel discounts.
Subscribe to newsletters or follow hotels and travel websites on social media to find out about flash sales.
Book in advance or take advantage of free cancellation to stay on top of price drops
Booking early usually gives you a better selection and better prices.
If you’ve already booked a refundable rate, keep checking prices; if they drop, cancel and rebook.
Beware of hidden costs and consider the value for money, not just the initial price
Some budget hotels may charge extra for services like Wi-Fi, breakfast, or use of the facilities.
Sometimes, skipping the included breakfast can be cheaper: you can eat at a local café for less.
Think about what you really need: a comfortable bed, a good location, and easy access to public transportation. If upscale lobbies or rooftop bars increase the price, all the better.
Keep an eye on events and high local demand
Major events (marathons, conventions, big concerts) or holiday weekends can significantly increase hotel prices.
If your dates coincide with an event, book as soon as possible.
Conclusion
Finding a cheap hotel in New York City for under $150 might seem difficult, but it’s entirely possible. From stylish capsule hotels in Midtown to trendy accommodations in Queens and Chinatown, there are numerous affordable lodging options that don’t sacrifice comfort or convenience. With a little research and advance planning, you can experience the magic of New York City without breaking the bank.
