Discover London's Best Budget Hotels: Affordable Stays for Every Traveller

London. It’s a place that can feel a bit daunting when you’re trying to keep an eye on your wallet. But honestly, you don’t need to spend a fortune to have a cracking time. We’ve rounded up some of the best budget hotels London has to offer, so you can save your cash for more important things, like maybe an extra pint or a souvenir. Forget those sad, dingy places you might have stayed in before; these spots are actually pretty nice.

Key Takeaways

• London doesn't have to break the bank; plenty of affordable hotels are available.

• Many budget-friendly options are in central locations, saving you travel time and money.

• Look for deals outside of peak tourist seasons or mid-week for better prices.

• Some hotels offer more than just a bed, with community vibes or unique features.

• Even with a tight budget, you can find stylish and comfortable places to stay.

1. Good Hotel

Right on the Royal Victoria Docks, the Good Hotel is a bit of a surprise package. It’s a floating hotel, which sounds a bit quirky, but honestly, it’s incredibly peaceful. You get lovely views of the water, and it’s a genuinely relaxing place to stay after a busy day exploring. The staff are really friendly and make you feel welcome straight away.

What really sets this place apart, though, is its ‘do good’ mission. For every night you stay, they fund schooling for kids in South America and also provide hospitality training for people in London who are looking for work. It’s nice to know your trip is helping others, isn't it?

Here’s a quick look at what you can expect:

• Waterfront views: Enjoy the calm of the Royal Docks.

• Social impact: Your stay supports education and employment initiatives.

• Comfortable rooms: Cosy spaces to unwind.

• Great food: The hotel restaurant gets good reviews.

The Good Hotel manages to blend a unique location with a strong sense of purpose. It’s not just a place to sleep; it’s an experience that contributes positively to the wider community, making it a standout choice for conscious travellers.

2. Holiday Inn London, Kensington High Street

Now, you might think Holiday Inn is just, well, Holiday Inn, but this one in Kensington is a bit of a surprise package. It’s not exactly screaming luxury from the outside, but honestly, who cares when you’re looking for a decent place to stay that doesn’t cost a fortune? The location is a real winner, sitting right on Kensington High Street and super close to the tube station, making it easy to get pretty much anywhere.

What really sets this place apart for a budget-friendly option is the stuff they’ve got. Most hotels in this price bracket don’t bother with extras, but here you get a decent-sized indoor pool – a proper rarity in London, I’ve found. Plus, there’s a gym if you fancy a workout, and even a spa. So, you can actually relax a bit without leaving the hotel.

When it comes to food, you’ve got options. The Boulevard Restaurant does a hot buffet breakfast to get you going, or you can grab something lighter at the Lounge Bar. And if you’re in a hurry to see the sights, there’s a Starbucks right there for your caffeine fix on the way to places like Kensington Palace and Gardens. It’s a solid choice if you want convenience and a few more amenities than you might expect.

This hotel offers a surprisingly good deal for its location. While it might not have the fancy facade of some of its neighbours, it makes up for it with practical comforts and a great spot for exploring the city.

Here’s a quick rundown of what you can expect:

• Location: Prime spot on Kensington High Street, excellent transport links.

• Amenities: Indoor swimming pool, gym, spa, private garden.

• Dining: On-site restaurant and bar, plus a Starbucks.

• Nearby: Kensington Palace, Kensington Gardens, and plenty of shops.

It’s a good shout if you’re after a comfortable base without breaking the bank, and you can even book a stay at the Holiday Inn for a convenient London visit.

3. The Corner London City

Right in the thick of it, The Corner London City is a bit of a gem if you're looking to explore the East End. It's really close to Aldgate East tube station, just a three-minute walk, making it super easy to get around. What's cool about this place is its focus on community and being kind to the planet. They work with local charities like Bikeworks and Food Cycle, which is a nice touch.

They've got over 170 rooms, all pretty modular, but don't let that put you off. The beds are comfy, the showers are decent, and the decor is bright and youthful. You can grab a 'snug' room from just under £140, which is a good deal considering it includes things like TVs, rain showers, and free tea and coffee. Plus, they reckon they're the 'greenest hotel in London', with lower water and CO2 emissions than most places.

It’s a bit of a DIY operation with self-check-in, but there are staff around if you need them, and a lounge area with games.

The hotel's commitment to sustainability is really a standout feature. From water saving to reduced CO2, it's a place that tries to do its bit for the environment without compromising on a comfortable stay.

If you're peckish, their Bar and Kitchen serves up some tasty, healthy, and sustainable vegan food. It’s a good spot for lunch or dinner if you don't fancy venturing too far.

4. Motel One, Tower Hill

Right near the Tower of London, Motel One offers a really central spot with a proper city vibe. It's a bit of a nod to its royal neighbour, with a collage showing coronation history – perfect if you're a fan of all things regal.

This place feels a bit more upmarket than your typical budget hotel, with its free Wi-Fi, on-site bar, and rather glitzy decor. Single rooms can start from around £98, which is pretty good value considering where you are and what you get. Plus, they often have deals with local restaurants, sometimes knocking off a hefty 50 percent.

Here's a quick look at what you can expect:

• Location: Super central, close to the Tower of London and Aldgate East tube station (just a three-minute walk).

• Vibe: Modern and stylish, with a swanky 24-hour foyer featuring dark lighting and comfy leather sofas.

• Rooms: Clean and functional, offering a good base for exploring.

• Food: Continental breakfast is available for an extra £9.99, with pastries, bread, cheese, and meats.

The hotel's lobby area is quite something, with a sophisticated feel that makes you feel like you're in a much pricier establishment. It's a great place to relax after a day of sightseeing.

It's a solid choice if you want to be right in the thick of it without breaking the bank. You can easily get to most of the main tourist attractions from here.

5. Generator London

Right, let's talk about Generator London. Now, the pictures you might see online could make it look a bit basic, maybe even a tad sterile. Don't let that fool you for a second. This place, tucked away in Bloomsbury in a former police station, is actually one of London's most fun and social spots for travellers on a budget. It's been around since 1995, but a big refresh in 2014 means it's miles away from any old-school hostel vibes.

The lobby itself is a riot of colour and quirky details – think neon signs and a rather amusing bubblegum-blowing Queen. The staff are friendly, though they do seem quite attached to their tablets sometimes! It all sets the scene for a stay that's really laid-back and colourful.

When it comes to rooms, they've got a good mix. You can go for shared dorms, which are a real bargain, or if you fancy a bit more privacy, they have superior en-suite rooms too. All the rooms are pretty smart and clean, with practical things like desks, plenty of plugs, and lockers. They even have individual lights for each bunk, which is a nice touch. The bathrooms are kept spotless, which is quite an achievement for a place this size.

But honestly, the rooms are only half the story. The bar here is buzzing most nights, serving up classic pub grub like burgers and nachos – perfect for filling a gap after a long day exploring. If you're looking for something to do, there are arcade games, a shuffleboard room, and even a piano that's been painted. It’s definitely a place that’s loud, fun, and geared towards meeting people.

Generator London is all about balancing practicality with a really lively, social atmosphere. It’s a great choice if you want more than just a bed for the night.

Location-wise, you can't go wrong. It's in leafy Bloomsbury, so you're just a short walk from the British Museum, some lovely independent cafes, and those classic Georgian streets. A morning stroll around Russell or Tavistock Square is a nice way to start the day, offering a bit of calm before you dive back into the hostel's energetic vibe.

Generator London is a fantastic option for travellers seeking a budget-friendly stay that ticks all the boxes: style, good service, a great location, and a whole lot of personality. Just maybe pack some earplugs if you're a light sleeper – this place knows how to have a good time!

6. The Hoxton, Holborn

Right in the thick of it, The Hoxton in Holborn puts you within easy reach of some of London's most famous spots. Think Covent Garden, Oxford Street, and the British Museum – all just a walk away. The rooms themselves manage to be both stylish and comfortable, with a bit of an industrial feel, some nice leather bits, and enough desk space if you actually need to get some work done. You've got the basics covered too, like free Wi-Fi, a mini-fridge, and coffee making stuff, which is always a plus.

The lobby here is more than just a place to check in; it’s really the hotel’s social hub. You can grab a free coffee made by a proper barista in the morning, or later on, settle in with a drink and just soak up the lively vibe. If you're feeling peckish, Rondo, the restaurant downstairs, serves up British food that changes with the seasons. It’s pretty good, with a decent wine list to boot, and honestly, it’s a destination in itself.

While there isn't a gym or a pool, the hotel offers a 'Field Guide' with each room, and you can even chat with the staff via WhatsApp for local tips or to order room service. They also have a weekly running club if that's your sort of thing.

Good to know: They're pretty welcoming to pets, allowing one dog per room at no extra charge. So, whether you're travelling solo or with your furry friend, The Hoxton generally makes everyone feel welcome.

The Hoxton, Holborn is a solid choice for a central London stay, offering a cool atmosphere and convenient access to the city's attractions.

• Location: 199-206 High Holborn, London

• Nearest Transport: Holborn tube station (2-minute walk)

• Price: Starts around £200 per night

7. The Hoxton, Shepherd's Bush

The Hoxton in Shepherd's Bush is a bit of a surprise on a budget list, but hear me out. While it's known for its stylish interiors, this particular branch manages to offer that signature Hoxton vibe at a more accessible price point than some of its central London siblings. Think vintage-inspired decor, plush velvet sofas, and a generally buzzy atmosphere that attracts a creative crowd.

It's a great spot if you want to explore West London without being right in the thick of it. You're right by Shepherd's Bush Market, and a short walk will get you to Portobello Road Market and the charming streets of Notting Hill. Plus, the Bush Theatre is nearby if you fancy some culture, or you can easily hop on the tube for a day out in Hyde Park.

Here's a quick look at what you can expect:

• Vibe: Chic, retro, and lively. Expect to see people working on laptops and enjoying cocktails.

• Decor: Lots of swirling art, curved furniture, and comfortable seating areas.

• Food: The hotel's diner, Chet's, serves up Thai-American fusion dishes. The fried pineapple rice is a must-try.

• Rooms: They come in various sizes, with 'Snug' rooms being the most compact. All are nicely done with comfy beds.

While it might not be the absolute cheapest option, the Hoxton Shepherd's Bush offers a good balance of style, comfort, and location for those looking for a bit more flair on a moderate budget. It feels like a treat without completely breaking the bank.

8. Mama Shelter London, Bethnal Green

If you're looking for a place that's a bit different, Mama Shelter in Bethnal Green might be your spot. It's right on Hackney Road, which puts you in a good position to explore East London. Liverpool Street isn't too far, about a 15-minute walk, and you've got cool places like Broadway Market and Columbia Road Flower Market nearby.

This hotel is all about fun and personality, with a design that definitely won't bore you. Think bright colours, bold patterns, and some quirky decorations – it's a real contrast to the more pared-back rooms upstairs. The staff are generally pretty friendly and happy to give you tips on what to do or where to grab a drink. They even have karaoke rooms if you fancy belting out a tune, plus a small gym and a cinema room. There's also a photo booth if you want a souvenir of your stay.

Here's a quick look at what you can expect:

• Location: East London, close to markets and transport.

• Vibe: Energetic, colourful, and a bit kitsch.

• Features: Karaoke rooms, gym, cinema, photo booth.

• Rooms: Compact but with some personality.

While the hotel itself has a lot going on, don't forget to explore the neighbourhood. There are some great spots for food and drinks just a short walk away, offering a more local feel.

Breakfast here can be a bit pricey, so you might want to check out local cafes for a cheaper option. Rooms are described as functional rather than fancy, but they do have the basics covered. It's a solid choice if you want a lively base in a vibrant part of London.

9. Wombats City Hostel

If you're looking for a place that ticks a lot of boxes without breaking the bank, Wombats City Hostel is a solid choice. It's pretty well-located, making it easy to get around London. The rooms are generally a good size for a hostel, which is a nice bonus, and importantly, it’s kept clean.

While it might not be the most buzzing place for meeting loads of new people, it’s a reliable spot if you just need a comfortable base. It offers a good balance of quality and price, making it a favourite for many travellers.

Here’s a quick look at what you can expect:

• Room Options: They offer a range of dorm sizes, from smaller ones to larger shared spaces, catering to different group sizes and budgets.

• Facilities: Expect standard hostel amenities, including common areas for relaxing and potentially a place to grab a bite or a drink.

• Location: Situated in a convenient spot, it provides decent access to public transport and some of the city's attractions.

It's the kind of place where you can settle in without any fuss. You get what you need for a comfortable stay in the city, and that's often exactly what you're after when travelling on a budget.

10. Hostelle – Women’s Only Hostel and more

For solo female travellers looking for a secure and friendly base, Hostelle is a brilliant option. It’s a women-only hostel, which means you can relax knowing that the environment is specifically designed with your safety and comfort in mind. While the rooms themselves might be a bit snug, especially when fully occupied, they are kept really clean, and the bathrooms are consistently spotless – a big plus in any hostel.

Hostelle really shines when it comes to creating a sense of community. It’s a place where you can easily meet other like-minded travellers, share stories, and plan your London adventures together. The staff are generally helpful, and the overall vibe is welcoming.

It's a decent stay for the price and feels very safe.

Here’s what you can expect:

• Secure Environment: Exclusively for women, offering peace of mind.

• Clean Facilities: Bathrooms are regularly cleaned, which is a major bonus.

• Social Atmosphere: A good place to connect with fellow female travellers.

• Central Location (Implied): While not explicitly stated in the provided text, hostels of this nature often aim for accessible locations.

While London can be a bit overwhelming, especially for those travelling alone, finding accommodation that prioritises safety and community can make all the difference. Hostelle aims to provide just that, allowing you to focus on exploring the city without unnecessary worries.

So, London on a Budget? Absolutely!

Right then, as we've seen, London doesn't have to cost an arm and a leg. Whether you're after a quiet spot near the docks or something a bit more lively in the East End, there are plenty of decent places to lay your head without emptying your wallet. You can still see all the sights, eat well, and have a cracking time. So go on, book that trip – all that cash you've saved can go towards a pint (or two!) down the pub. Cheers!

Frequently Asked Questions

What's the best area in London to stay if I'm trying to save money?

It really depends on what you're after! You can find cheaper places in areas like Shoreditch, near the South Bank, or even in the busy West End, so you can save cash and still be close to theatres and museums. Or, if you venture a bit further out to more residential spots, you might find even better deals. London's transport system is great, so getting around is easy no matter where you stay.

How can I find a cheap hotel in London?

To find a cheaper stay, try looking for hotels a bit further from the absolute centre of the city; these are usually less expensive. Also, travelling during quieter times, like in the winter months (January or February) or mid-week instead of at the weekend, can often lead to lower prices.

Are there any good budget hotels with pools in London?

Yes, the Holiday Inn London, Kensington High Street is a great option that includes a large indoor pool, which is quite rare for budget-friendly hotels in London. It also has a gym and a spa, so you can relax and stay active.

What does 'budget-friendly' mean for hotels in London?

For this guide, 'budget-friendly' generally means hotels where you can find rooms for under £200 a night, with many options starting below £100. Some hostels even offer beds in shared dorms for as little as £12 per person, making it super affordable.

Are hostels a good option for saving money in London?

Absolutely! Hostels are a fantastic way to save money, especially if you're travelling solo or don't mind sharing a room. Places like Wombats City Hostel and Generator London are known for being clean, safe, and having a good atmosphere, often with prices starting at very low rates for dorm beds.

Do budget hotels in London still offer good value and style?

Definitely! Many budget hotels in London focus on smart design, great locations, and good service without the high price tag. Places like The Hoxton or Mama Shelter London manage to offer stylish rooms and cool vibes, proving that you don't need to spend a fortune to have a comfortable and enjoyable stay.