Best Cheap Hotels in Prague's Old Town

We checked thousands of reviews on and to find the best hotels for your stay
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Agenore Barese

Updated: 04 March 2024 · 6 min

Welcome to the enchanting city of Prague, a destination renowned for its rich history, stunning architecture, and vibrant culture. As you explore the winding cobblestone streets and soak in the charming atmosphere of the city's Old Town, you'll be delighted to know that there are numerous affordable hotels that offer great value for your stay. Whether you're a budget-conscious traveler or simply looking for cost-effective accommodations, Prague's Old Town has an array of options to suit every pocket.

Staying in the lively heart of Prague's Old Town not only allows you to immerse yourself in the city's medieval charm but also gives you convenient access to its most iconic landmarks. Imagine waking up to breathtaking views of the majestic Prague Castle or stepping right outside your hotel's doorstep to find yourself amidst the lively hustle and bustle of the Old Town Square. With the abundance of cheap hotels available, you can easily find a cozy yet wallet-friendly base that puts you right in the center of all the action.

When it comes to selecting the perfect cheap hotel in Prague's Old Town, it's important to consider both affordability and quality. Fortunately, many of these accommodations strike the ideal balance. From charming boutique hotels with comfortable rooms and friendly staff to homey guesthouses that exude a welcoming atmosphere, you'll be pleasantly surprised by the range of options available. With competitive prices and excellent service, these cheap hotels ensure that your Prague experience remains memorable without breaking the bank. So, get ready to embark on your affordable adventure in the captivating Old Town of Prague and discover the best cheap hotels that will make your stay truly unforgettable.
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Our Top 10

(Sorted by rating & number of reviews)

1. Hotel Pod Vezi
2. Hotel William
3. Czech Inn
4. Old Town Square Apartments
5. Hotel Residence Agnes
6. Royal Court Hotel
7. Mosaic House Design Hotel
8. Hostel Downtown
9. Motel One Prague-Florentinum
10. City-Inn

Hidden Gems in Cheap Prague Hotels Old Town

Check Availability

Prague
Nov 05, 2025 - Nov 06, 2025

Hotel Pod Vezi

9.6

Good

(2159 Reviews)

+ 105 photos
Hotel Pod Vezi, situated in a quaint cobbled street beneath the imposing Prague Castle, offers a peaceful retreat at affordable prices. The hotel's cozy rooms feature wooden beams and traditional Czech decor, providing a comfortable space to relax after a day of exploration. With its prime location near the Lesser Town area, just a short walk from Charles Bridge, Hotel Pod Vezi allows guests to immerse themselves in the rich history and charm of the Old Town. This hidden gem combines affordability with an enviable location, making it an excellent choice for those on a budget.
Address: Mostecka 58/2
Rating: Good 9.6 (2159 Reviews)
Rooms: 28
Price: From 98$

Hotel William

8.3

Good

(2972 Reviews)

+ 95 photos
Nestled amidst the picturesque streets of the Lesser Town, Hotel William offers a budget-friendly boutique experience with a touch of elegance. The hotel's comfortable rooms, adorned with classic furnishings, provide a tranquil retreat after a day of adventure. With its prime location near the iconic Charles Bridge, Hotel William allows guests to effortlessly delve into the rich history and vibrant atmosphere of the Old Town. Its affordable rates and charming ambiance make it a popular choice for travelers seeking a memorable and budget-friendly stay.
Address: Hellichova 5
Rating: Good 8.3 (2972 Reviews)
Rooms: 43
Price: From 159$

Budget-Friendly Chains in Cheap Prague Hotels Old Town

Traveling on a budget doesn't mean compromising on quality and convenience. In this section, we present a selection of budget-friendly hotel chains that offer comfortable accommodations at affordable rates in Prague's Old Town. These well-known chains combine affordability with strategic locations, allowing you to maximize your exploration of the city while enjoying a restful stay.

Czech Inn

8.2

Good

(3441 Reviews)

+ 180 photos
Czech Inn, located in the trendy neighborhood of Vinohrady, offers budget-friendly accommodations just a short tram ride away from the Old Town. This contemporary hostel features modern and brightly decorated dormitory rooms and private rooms, providing a comfortable stay for travelers on a budget. With its vibrant common areas, including a bar and a courtyard, Czech Inn fosters a social atmosphere where guests can connect with fellow travelers. Its affordability, combined with its lively neighborhood and convenient access to the Old Town, makes Czech Inn a popular choice among budget-conscious explorers.
Address: Francouzska 76
Rating: Good 8.2 (3441 Reviews)
Rooms: 150
Price: From 15$

Old Town Square Apartments

8.5

Good

(191 Reviews)

+ 19 photos
Old Town Square Apartments offer affordable and well-equipped apartment rentals in the lively heart of the Old Town. With a range of configurations available, from studios to multi-bedroom apartments, these accommodations provide ample space and comfort for individuals, couples, or families. Located just steps away from the Old Town Square, these apartments allow for easy access to Prague's iconic landmarks. With their affordable rates and convenient locations, Old Town Square Apartments offer a flexible and cost-effective option for those seeking a self-catering stay in the lively heart of Prague.
Address: 16 Staromestske Namesti
Rating: Good 8.5 (191 Reviews)
Price: From 177$

Budget-Friendly Boutique Hotels in Cheap Prague Hotels Old Town

For those seeking the perfect blend of affordability and boutique charm, this section presents a selection of budget-friendly boutique hotels in Prague's Old Town. These unique establishments offer a personalized and memorable experience, making your stay in the city even more special without compromising on your budget.

Hotel Residence Agnes

9.8

Good

(1874 Reviews)

+ 105 photos
Hotel Residence Agnes invites guests to experience the warm hospitality of its boutique-style accommodations in the very heart of the Old Town. The hotel's individually designed rooms boast a charming blend of traditional Czech elements and modern comforts, creating a cozy and inviting atmosphere. Conveniently situated near the renowned Municipal House and within walking distance of the Old Town Square, Hotel Residence Agnes offers a central location at an affordable price, making it a top choice for those eager to explore Prague's historical treasures.
Address: Hastalska, 19
Rating: Good 9.8 (1874 Reviews)
Rooms: 22
Price: From 91$

Royal Court Hotel

8.5

Good

(1371 Reviews)

+ 195 photos
Royal Court Guesthouse, situated in a tranquil enclave just steps away from the bustling streets of the Old Town, offers affordable and comfortable accommodation in a warm and welcoming atmosphere. The guesthouse's charming rooms, adorned with tasteful decor, provide a peaceful retreat after a day of exploration. With its convenient location near the Florenc metro station, Royal Court Guesthouse allows easy access to all corners of Prague while offering an affordable haven away from the crowds. If you're looking for a cozy and budget-friendly guesthouse, Royal Court ensures a delightful stay in the very heart of the Old Town.
Address: Wenzigova 6
Rating: Good 8.5 (1371 Reviews)
Rooms: 51
Price: From 71$

Cozy Guesthouses in Cheap Prague Hotels Old Town

For travelers seeking a home away from home experience in cozy and affordable accommodations, this section showcases a selection of guesthouses in Prague's Old Town. These charming establishments offer an intimate and welcoming atmosphere, providing a sense of tranquility amidst the city's vibrant energy.

Mosaic House Design Hotel

9.4

Good

(5947 Reviews)

+ 200 photos
Mosaic House, situated near the border between the Old Town and the New Town, is a budget-friendly hostel that combines sustainability with affordability. Known for its environmentally conscious initiatives, this hostel offers a range of accommodation options, from dormitories to private rooms, all designed with comfort and style in mind. With its on-site amenities such as a café, bar, and rooftop terrace, Mosaic House creates a social and interactive environment for travelers. Its proximity to the Old Town allows for easy exploration of Prague's historic treasures while providing a budget-friendly base for your adventures.
Address: Odboru 4
Rating: Good 9.4 (5947 Reviews)
Rooms: 94
Price: From 161$

Hostel Downtown

8.1

Good

(1576 Reviews)

+ 174 photos
Located in the heart of the Old Town, Hostel Downtown provides affordable accommodation in a vibrant setting. With its cozy and clean dormitories and private rooms, this hostel offers a comfortable stay for budget-conscious travelers. Its central location means that Prague's major attractions, such as the Old Town Square and Astronomical Clock, are just a short walk away. With its affordability and lively common areas, Hostel Downtown provides a social hub for travelers seeking a memorable stay in the heart of Prague.
Address: Narodni 19
Rating: Good 8.1 (1576 Reviews)
Rooms: 81
Price: From 24$

Budget-Friendly Hostels in Cheap Prague Hotels Old Town

For budget-conscious travelers looking for a social and affordable experience in Prague's Old Town, this section highlights a selection of budget-friendly hostels. These accommodations offer a vibrant and communal atmosphere, allowing you to meet fellow travelers while exploring the city on a shoestring budget.

Motel One Prague-Florentinum

8.7

Good

(3252 Reviews)

+ 51 photos
Motel One Prague combines affordability with sleek, contemporary design in the lively heart of the Old Town. With its stylish and well-appointed rooms, this hotel chain offers a modern and comfortable experience on a budget. Situated near the Florenc metro station, Motel One Prague provides easy access to the Old Town Square and other popular landmarks. Its reasonable prices and fresh, minimalist interiors make it a popular choice for travelers seeking both value and style during their stay in Prague.
Address: Na Porici 1048 30
Rating: Good 8.7 (3252 Reviews)
Rooms: 141
Price: From 108$

City-Inn

7.2

Good

(4514 Reviews)

+ 78 photos
Hotel City Inn, part of the popular Choice Hotels group, offers excellent value for your stay in the Old Town. With its comfortable and tastefully designed rooms, this budget-friendly hotel provides a cozy and welcoming atmosphere. Located in the lively neighborhood of Vinohrady, just a short tram ride away from the Old Town, Hotel City Inn allows guests to experience the authentic local vibe and enjoy affordable accommodations away from the tourist crowds while still being within easy reach of Prague's major attractions.
Address: Hybernska 13
Rating: Good 7.2 (4514 Reviews)
Rooms: 24
Price: From 74$

Apartment Rentals in Cheap Prague Hotels Old Town

For those seeking a bit more space and flexibility during their stay in Prague's Old Town, this section presents a selection of budget-friendly apartment rentals. These self-catering accommodations allow you to have a home away from home experience, enabling you to explore the city at your own pace while keeping costs down.

Prague Siesta Apartments

9.0

Good

(903 Reviews)

+ 102 photos
Prague Siesta Apartments offers a charming and budget-friendly retreat in the historical center of Prague. The guesthouse's cozy apartments, tastefully decorated with a mix of modern and traditional elements, provide a comfortable haven for rest and relaxation. Situated near the renowned Dancing House and within walking distance of the Old Town, Prague Siesta Apartments combines affordability with easy access to Prague's main attractions. Its warm ambiance and personalized service make it a fantastic choice for travelers looking for a home away from home experience in Prague.
Address: Tynska 9
Rating: Good 9.0 (903 Reviews)
Rooms: 16
Price: From 224$

Bed and Breakfasts in Cheap Prague Hotels Old Town

For travelers looking for a cozy and personal touch during their stay in Prague's Old Town, this section features a selection of budget-friendly bed and breakfasts. These accommodations offer a warm and welcoming atmosphere, along with affordable rates for a charming stay.

For those on the hunt for a bargain without compromising on location, cheap hotels in Prague city centre offer the perfect solution. These hotels provide the essentials you need for a comfortable stay, all while situating you close to the action in Old Town. You don't have to spend a fortune to enjoy the beauty of Prague, and these accommodations prove just that. From free Wi-Fi to convenient proximity to public transportation, budget hotels in Prague's city centre cater to travelers who wish to save on their stay and splurge on their experiences.

Exploring Prague's Old Town can be a mesmerizing experience, and finding the prague cheap hotels city centre can make your visit even more memorable. Not only do these hotels offer a safe and charming place to rest after a day of sightseeing, but they also ensure you're never too far from the historic sites, cozy cafes, and charming shops that make the Old Town a must-visit destination. Opting for these affordable accommodations means more budget in your pocket for exploring the many attractions that Prague has to offer.

For those who dream of luxury accommodation without the hefty price tag, Prague Hilton hotels might just offer the perfect middle ground. Staying at a reputable hotel brand like Hilton ensures you receive top-notch service, comfort, and amenities, all without leaving the vicinity of Prague's Old Town. This option is ideal for travelers looking for a bit of pampering at a fraction of the cost, especially when considering the proximity to major tourist attractions, allowing for a luxurious yet affordable Prague adventure.

To further enhance your stay in Prague, exploring the best hotels in Prague might provide additional options for those interested in experiencing a mix of traditional charm and modern amenities. These hotels, chosen for their exceptional service and prime locations, make it easy to immerse yourself in the city's vibrant history and culture. While these might not fit into the 'cheap' category, they promise value for money, offering comfortable and convenient bases from which to explore everything Prague has to offer. Whether it's the architectural marvels, the lively street markets, or the serene riverside views, these accommodations place you right at the heart of it all.