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Cheap and budget hotels · Victoria · Australia

Cheap and Budget Hotels in Melbourne

We reviewed 90 hotels in Melbourne across every price band and picked the 25 best-rated, so you can book with confidence and keep more for exploring.

25 hotels 3 rated 8.5+ typical €70

hotels

Voco Melbourne Central By Ihg V Central & Convenient

A 3-star Melbourne stay with upper-floor king rooms, a bar, and a casino on site — handy for city breaks.

From€144per night
Summer House Melbourne S Backpackers
7.9good725 reviews

A lively St Kilda hostel with free breakfast, social events, and easy tram access to the city.

From€18per night
Space Hotel S Central & Clean

Space Hotel

Melbourne Hostel

8.5Great2,174 reviews

Clean, friendly hostel in central Melbourne with a rooftop hot tub, cinema and gym — strong value for budget travellers.

From€16per night
Ibis Melbourne Hotel And Apartments I Central & practical

Ibis Melbourne Hotel And Apartments ★★★

Melbourne Aparthotel

7.2Very good3,201 reviews

A practical base near Queen Victoria Market with apartment options and a solid 7.2 guest rating across 3,201 reviews.

From€55per night
Arrow On Swanston A Central & Self-catering

Arrow On Swanston ★★★

Melbourne Aparthotel

5.7Needs improvement8,269 reviews

Central Melbourne apartments with kitchenettes and an outdoor pool, close to trams and the CBD.

From€55per night
Ibis Styles Kingsgate Hotel I Central & friendly

Ibis Styles Kingsgate Hotel ★★★

Melbourne

7.7Very good7,188 reviews

A well-priced, central stay near Southern Cross Station, with staff who go out of their way to help.

From€57per night
Ibis Budget - Melbourne Cbd I CBD value

Ibis Budget - Melbourne Cbd ★★★

Melbourne

7.1Very good4,601 reviews

Right in the action on Elizabeth Street, with the free tram, bars, and the Australian Open venues minutes away.

From€40per night
The Courthouse Hotel T Guest favorite

The Courthouse Hotel ★★★

Melbourne

9Perfect63 reviews

Top marks from guests for its rooms and facilities in North Melbourne.

From€108per night
Together Co-Living Melbourne T Practical stay

Together Co-Living Melbourne ★★★

Melbourne Aparthotel

7.1Very good4,731 reviews

A practical Melbourne base with a pool, restaurant, and consistently praised staff and location.

From€48per night
Europa Melbourne E Budget Central

Europa Melbourne

Melbourne Hostel

7.2Very good3,574 reviews

A central Brisbane hostel with free breakfast, a rooftop terrace, and a social vibe.

From€16per night
Ibis Budget - Fawkner I Budget-friendly

Ibis Budget - Fawkner ★★★

Melbourne

5.8Needs improvement2,802 reviews

Affordable rooms with free Wi-Fi and parking, near public transport and the airport.

From€40per night
Flinders Backpackers F Central & Social

Flinders Backpackers

Melbourne Hostel

8.1Great2,289 reviews

Central Melbourne hostel near Flinders Street Station with free breakfast, a social rooftop bar, and a range of private and dorm rooms.

From€22per night
College Lawn Hotel - Melbourne C Pub stay
7.7good325 reviews

A lively pub-stay near The Astor Theatre with a great bar, generous portions, and a friendly local vibe.

From€68per night
Best Western Melbourne City B City convenient

Best Western Melbourne City ★★★

Melbourne

8.1Great4,556 reviews

Staff rated 9.0 and a location that puts the tram, Docklands Stadium, and the convention centre within easy reach.

From€42per night
City Square Motel C Central & affordable

City Square Motel ★★★

Melbourne

5.5Needs improvement2,136 reviews

A budget-friendly stay on Swanston Street, within walking distance of Myer Melbourne and the National Gallery of Victoria.

From€59per night
Miami Hotel Melbourne M Guest favourite

Miami Hotel Melbourne ★★★

Melbourne

8.4Great2,408 reviews

A well-rated 3-star hotel in Melbourne CBD, praised for its helpful staff and convenient location near trams and restaurants.

From€84per night
Little Drifter Melbourne L Budget-friendly

Little Drifter Melbourne

Melbourne Hostel

8Great2,080 reviews

A social, budget-friendly hostel in Melbourne's free tram zone with dorms and private rooms.

From€17per night
Essence Hotel Carlton E Central & Practical

Essence Hotel Carlton ★★★

Melbourne

7.6Very good1,243 reviews

A well-located base near Carlton's dining and nightlife, with parking, breakfast, and staff praised for their friendliness.

From€54per night
Royal Derby Hotel R Value Stay

Royal Derby Hotel

Melbourne Hostel

7.6Very good410 reviews

A budget-friendly Melbourne stay with self check-in, digital locks, and a well-maintained shared kitchen.

From€63per night
Central Club Hotel C Entertainment district

Central Club Hotel ★★★

Melbourne

7.8Very good12 reviews

A compact, smoke-free choice in Melbourne's entertainment district, with a restaurant and bar on site.

From€122per night
Nightcap At Skyways Hotel N 3-star Melbourne hotel

Nightcap At Skyways Hotel ★★★

Melbourne

7.7Very good911 reviews

A well-located Melbourne hotel with free Wi-Fi, parking, and a restaurant, near the airport and major shopping.

From€81per night
Nomads St Kilda Hostel - Melbourne N Lively & central
8Great725 reviews

A buzzing St Kilda hostel with live music, karaoke, and a nightclub, just a short walk from the beach and trams.

From€22per night
Carlton Lygon Lodge - Close To Melbourne Uni C Lygon Street location

Carlton Lygon Lodge - Close To Melbourne Uni ★★★

Melbourne Aparthotel

7.5Very good1,924 reviews

A Carlton stay on lively Lygon Street, near trams, restaurants and the university, with modern rooms and helpful staff.

From€93per night
Meadow Inn Hotel-Motel M Affordable & functional

Meadow Inn Hotel-Motel ★★★

Melbourne

6.7Nice455 reviews

A budget-friendly 14-room hotel-motel with included breakfast, free parking, and easy airport access.

From€80per night
Melbourne Star M City Convenience

Melbourne Star ★★

Melbourne Guest house

5.9Needs improvement126 reviews

A practical stay with on-site parking, just a 6-minute walk from the Immigration Museum.

From€51per night
City Centre Budget Hotel C Budget comfort

City Centre Budget Hotel ★★★

Melbourne Motel

7.6Very good970 reviews

Straightforward and clean, with a rooftop kitchen and a location that puts the rest of the city close at hand.

From€49per night
Brunswick Tower Hotel B Central & Practical

Brunswick Tower Hotel ★★★

Melbourne

7.3Very good1,274 reviews

Handy location, free parking, and a welcoming team make this a practical base for exploring Melbourne.

From€59per night
Arden Motel A Convenient

Arden Motel ★★★

Melbourne Motel

8.1Great487 reviews

Close to the Royal Melbourne Hospital and two tram lines, with free parking and a filling in-room breakfast.

From€85per night
Cosmopolitan Hotel And Apartments C Central St Kilda

Cosmopolitan Hotel And Apartments ★★★

Melbourne

7.9Very good2,605 reviews

Contemporary rooms and apartments in St Kilda, steps from the beach, Acland Street's cafés, and the Palais Theatre.

From€47per night
Elizabeth Hostel E Adults-only

Elizabeth Hostel

Melbourne Hostel

5Needs improvement862 reviews

An adults-only hostel with a 5.0 rating, right in the Free Tram Zone and a short walk from Queen Victoria Market.

From€12per night
Parkville Place Serviced Apartments P Family-friendly

Parkville Place Serviced Apartments ★★★

Melbourne Motel

6.8Nice676 reviews

Serviced apartments with kitchenettes and family rooms, close to Royal Park and Sydney Road.

From€74per night
Birches Serviced Apartments B Pet-Friendly

Birches Serviced Apartments ★★★

Melbourne Aparthotel

6.4Nice628 reviews

Spacious, clean apartments with full kitchens and genuinely friendly staff, close to trams and Collingwood's dining strip.

From€133per night
Nightcap At Excelsior Hotel N Airport Convenience

Nightcap At Excelsior Hotel ★★★

Melbourne

7.8Very good470 reviews

A handy airport-adjacent stay with free parking, a bistro, and recently updated rooms.

From€94per night
Tribeca Serviced Apartments T East Melbourne value

Tribeca Serviced Apartments ★★★

Melbourne

6.7Nice2,032 reviews

Well-priced, self-catering apartments close to Fitzroy Gardens with easy tram access to the CBD.

From€73per night
Breakfree On Collins B CBD Aparthotel

Breakfree On Collins ★★★

Melbourne Aparthotel

5Needs improvement1,753 reviews

A well-rated aparthotel with spacious apartments, friendly staff, and a central Melbourne CBD location near shopping and trams.

From€137per night
Coburg Motor Inn C Airport convenient

Coburg Motor Inn ★★★

Melbourne

5.2Needs improvement157 reviews

Convenient budget base near the airport with free parking and easy tram access.

From€64per night
Mad Monkey Melbourne M Social & Central

Mad Monkey Melbourne

Melbourne Hostel

8Great342 reviews

A friendly, central Melbourne hostel with top-notch staff and a great social vibe.

From€18per night
Orange Stay At Collins Wharf O Docklands base

Orange Stay At Collins Wharf

Melbourne Apartment

8.2Great227 reviews

A compact, well-rated aparthotel in Docklands with the free tram at the door, water views and a 8.7 value score.

From€144per night
South Yarra Central Apartment Hotel S Central & practical

South Yarra Central Apartment Hotel ★★★

Melbourne Aparthotel

7.6Very good754 reviews

Apartment-style rooms with kitchens on Chapel Street, close to shops, restaurants and transport.

From€89per night
The Mansion Melbourne T Historic hostel

The Mansion Melbourne

Melbourne Hostel

8.3Great996 reviews

Historic 5-star hostel with free tram access, renovated dorms, and a sociable atmosphere.

From€22per night
H & D Apartments H Good value

H & D Apartments ★★★

Melbourne Aparthotel

5.3Needs improvement135 reviews

Budget-friendly apartments in St Kilda with cooking facilities, secure parking, and easy tram access.

From€58per night
Pint On Punt Backpackers Hostel - Melbourne P Backpackers
7.4good991 reviews

A sociable, value-focused hostel above a pub with free breakfast and a tram stop right outside.

From€23per night
Carrichostel C Central & Lively

Carrichostel

Melbourne Hostel

5.6Needs improvement160 reviews

A lively hostel near Melbourne Central with live entertainment, a nightclub, and a well-equipped shared kitchen.

From€20per night
Royal Hotel By Nightcap Social R Pub stay

Royal Hotel By Nightcap Social ★★★

Melbourne

8.1Great525 reviews

A friendly pub stay near Essendon station, with a well-liked restaurant and easy airport access.

From€70per night
Melbourne Metro Yha M Eco-friendly

Melbourne Metro Yha

Melbourne Hostel

7.4Very good1,199 reviews

Clean, eco-conscious hostel near the free tram zone with a rooftop view and friendly staff.

From€74per night
Saint Domain S Southbank Apartments

Saint Domain ★★★

Melbourne Aparthotel

8Great836 reviews

Spacious, well-priced apartments on a quiet street near trams, the Botanic Gardens, and South Melbourne Market.

From€102per night
Clocktower Apartment Hotel C Central & practical

Clocktower Apartment Hotel ★★★

Melbourne Aparthotel

6.8Nice479 reviews

Self-catering apartments in Carlton with a prime Lygon Street location and on-site parking.

From€134per night
Pathfinder Motel P Budget-friendly

Pathfinder Motel ★★★

Melbourne Motel

6.8Nice268 reviews

A budget-friendly motel with an outdoor pool and easy tram access to Melbourne's CBD.

From€70per night
Parkside Inn Motel P Tram-side motel

Parkside Inn Motel ★★★

Melbourne Motel

5Needs improvement212 reviews

A compact 9-room motel with modern rooms, free parking, and easy tram access.

From€77per night

Map & live prices by our partner

Cheap Hotels in Melbourne CBD

The CBD is where you'll find the most concentrated cluster of budget hotels, all within the free tram zone and close to major attractions. Ibis Budget - Melbourne Cbd is a standout for value at $65 AUD, sitting right on Elizabeth Street with bars and the Australian Open venues minutes away. Best Western Melbourne City at $69 AUD is another well-priced option, with staff rated 9.0 for service and a location that puts the tram and Docklands Stadium within easy reach. For a step up in price, Causeway Inn On The Mall at $107 AUD includes breakfast and places you right on Bourke Street Mall.

Cheap Serviced Apartments in Melbourne

For the price of a basic hotel room, you can often get a serviced apartment with a kitchen and more space. Tribeca Serviced Apartments in East Melbourne offers self-catering apartments close to Fitzroy Gardens with easy tram access to the CBD, priced at $119 AUD. Cosmopolitan Hotel And Apartments in St Kilda provides contemporary rooms and apartments just steps from the beach, starting at $76 AUD. These are ideal for longer stays or for travellers who want to cook their own meals.

Cheap Accommodation in St Kilda

St Kilda gives you the rare chance to stay by the beach on a budget. Cosmopolitan Hotel And Apartments at $76 AUD offers contemporary rooms and apartments steps from the beach, Acland Street's cafés, and the Palais Theatre. Como Court Budget Accommodation at $116 AUD is a 2-star guest favourite, praised for its welcoming staff and unbeatable location near the beach and tram. For a quieter, more local feel, you could also consider Brunswick Tower Hotel nearby, forgoing the beachfront for a practical base with free parking.

Cheap Accommodation Near Southern Cross Station

Southern Cross Station is the arrival point for SkyBus from the airport and the hub for regional trains, making it a convenient base for budget travellers. Ibis Styles Kingsgate Hotel is just a short walk away, priced at $93 AUD, and is praised for its friendly staff who go out of their way to help. Its location makes it easy to connect to the rest of the city without needing a car.

Cheap Apartments in Melbourne CBD

Apartments in the CBD offer the convenience of being in the heart of the action with the flexibility of a kitchen. Gordon House Apartments provides a central stay with an outdoor pool and easy access to theatres and trams, starting at $191 AUD. For a more heritage feel, Fawkner Mansions Heritage Hotel in Prahran is a budget-friendly apartment option with a shared kitchen, just minutes from the city centre at $58 AUD. These are great choices for travellers who want self-catering amenities without leaving the urban core.

Cheap Accommodation in Southbank

Southbank offers a riverside setting with easy access to Crown Casino and the Yarra River's entertainment precinct. Central Club Hotel - North Melbourne, located minutes from Crown Melbourne at $150 AUD, is a small, city-view hotel with superb guest ratings for comfort and facilities. This area is perfect for those who enjoy being close to the action of the casino and the restaurants along Southbank Promenade.

Cheap Accommodation Near Marvel Stadium

The Docklands precinct, where Marvel Stadium is located, is well-connected to the CBD. Best Western Melbourne City at $69 AUD places Docklands Stadium within easy reach with tram access right outside. This is a strong choice for sports fans and those wanting to attend concerts at the stadium, offering a quick route back to a comfortable, budget-friendly room.

Cheap Hotels in Docklands, Melbourne

Staying in Docklands puts you by the water and within walking distance of Marvel Stadium, but most of its hotels are above budget prices. Given the premium location, cheap options here are scarce, and your best value bet is to stay in the nearby CBD, where hotels like Ibis Budget - Melbourne Cbd offer a similar commute to your destination.

Cheap Accommodation Near Crown Casino

For those wanting to be close to the glitter of Crown Casino, Central Club Hotel - North Melbourne is a great find. This small, city-view hotel is minutes from Crown Melbourne and boasts a superb guest rating of 8.9. While it's a bit above the typical budget price at $150 AUD, the location and quality make it a worthwhile splurge for a special night out.

Cheap Hotels Near Rod Laver Arena

Rod Laver Arena, the heart of Melbourne's sporting and concert scene, is best reached from the CBD. Ibis Budget - Melbourne Cbd, at $65 AUD, is well-placed for the Australian Open venues and offers a direct tram route to the arena. This gives you a cheap, reliable base for a big event night, with a simple ride back to your room.

Cheap Hotels Near Flinders Street Station

Flinders Street Station is the city's main rail hub, and staying nearby means you're in the very heart of Melbourne. City Square Motel, on Swanston Street, is a budget-friendly option at $96 AUD, within walking distance of Myer Melbourne and the National Gallery of Victoria. This central location offers easy access to trains, trams, and all the laneway culture that surrounds the station.

Frequently asked

what is the cheapest month to visit melbourne

While this page doesn't track monthly rates, Melbourne's winter (June to August) typically sees lower accommodation prices compared to the summer peak and major event periods. You can also find better deals on hotels by booking in advance, especially if your visit coincides with big events like the Australian Open in January.

which area of melbourne is best for a first visit on a budget

The CBD is the best bet for a first visit, as you'll be within the free tram zone and close to major attractions like Federation Square and the laneways. Budget options like Ibis Budget Melbourne Cbd or Causeway Inn On The Mall put you in the thick of it without breaking the bank.

how to get from melbourne airport to the city cheaply

The SkyBus is the most economical way to get from Melbourne Airport (Tullamarine) to the city, running frequently to Southern Cross Station. From there, it's just a short walk to many budget hotels in the CBD.

is melbourne walkable at night

The Melbourne CBD is very walkable at night, especially around the laneways and Southbank, with plenty of people around in the evenings. If you're staying further out, use night trams or ride-share services to get back to your hotel safely.

Cheap and Budget Hotels in Melbourne

Melbourne's budget hotel scene is surprisingly varied. You can stay right on the CBD's Swanston Street, within walking distance of the National Gallery of Victoria, or head to St Kilda where the beach and Acland Street's cafés are steps from your door. Many of these budget picks cluster around transport hubs like Southern Cross Station and the free tram zone, making it easy to explore without spending on taxis. Expect to pay around $114 AUD a night on average, with the most affordable options starting from $58 AUD.

While most of these are 3-star hotels, the category also includes a handful of 2-star stays and a mix of other accommodation types like hostels and apartments, filling out the budget landscape. The set spans from the airport-fringe motels with free parking to heritage buildings in Prahran with shared kitchens. In a city where eating out is a highlight, choosing a budget room frees up cash for Melbourne's famous laneway cafés and hidden bars.

The bottom line

This collection of cheap and budget hotels is perfect for travellers who plan to spend their days exploring Melbourne and their nights sleeping, not lounging in a pricey room. It suits backpackers, city breakers, and sports or event fans who want a central base without the 4-star price tag. If you're travelling with a family, need guaranteed parking, or prefer more space and self-catering facilities, you might find better options on our family-friendly or apartments pages. For a touch more comfort, consider the 4-star hotels, or if you're driving, the hotels with parking page will save you from city parking fees.