4 Cheap Hostels in Budapest

Updated on: May 21, 2024 by Mick

Want to make the most of your Budapest trip but have to watch your budget? There are so many awesome things to do in Budapest. If you want to save on accommodation and spend your money on the fun, then take a look at my guide to cheap hostels in Budapest.

All of the hostels in this guide offer either mixed, male, or female dorm rooms. These are always the cheapest options. And of course, you’ll get the chance to meet fellow travelers and pick up tips on what to see and do!

Hostels often offer other ways to save money, such as communal kitchen facilities where you can cook your own meals and some hostels also offer very cheap meal options. All the hostels listed below have wifi included and all offer a bed in a dorm room for between €5 to €8 per night and all hostels have a rating of 8/10 or higher on Hostelworld.

Cheap Hostels in Budapest

Here’s my comprehensive guide to 4 cheap hostels in Budapest:

1. Baroque Hostel

cheap hostels in budapest baroque hostel budapest

Baroque Hostel is adjacent to the city park (Vrosliget) and most of the other prominent landmarks, including the Museum of Fine Arts, the Art Hall, the Szechenyi Thermal Baths, and the Skating Rink. They provide exceptional hospitality in a youthful setting at a reasonable price.

Dorms from €5.00

2. Cooltour Hostel

cheap hostels in budapest cooltour hostel budapest

Cooltour Hostel is in the heart of Budapest, just a short walk from Deak Square and the famous Kiraly Street. Everything distinctive to Budapest can be found here, from the famed ruin pubs to outstanding street cuisine and much more.

CoolTour Hostel takes pride in its cleanliness and is dedicated to maintaining a high degree of cleanliness in its kitchen, common area, and dorms.

Dorms from €6.50

3. The Hive Party Hostel Budapest

cheap hostels in budapest the hive party hostel budapest

At The Hive Hostel, every room is air-conditioned so you can stay cool during the hot summer months. For your security, the lockers use a keycard system. If you are hungry, the fully equipped kitchen is available to you.

The staff here will arrange anything you require, including pub crawls, sightseeing tours, and daily spa baths.

The building surrounds an impressive outdoor terrace, where you can find one of the best ruin bars in Budapest.

Dorms from €7.00

4. Carpe Noctem Vitae

cheap hostels in budapest carpe noctem vitae hostel budapest

Carpe Noctem Vitae provides the ideal blend of a large hostel's services and facilities while making you feel relaxed in a sociable, fun, and family-like atmosphere.

Vitae features a number of communal places where you can meet and socialize with other visitors.

The staff will cook inexpensive family dinners for you for the cost of the ingredients. Vitae's three modern kitchens are open 24 hours a day, seven days a week.

Dorms from €7.15

Final Thoughts on Cheap Hostels in Budapest  

I hope this list of cheap hostels in Budapest helps you pick a hostel that best suits your needs during your stay in Budapest. In general, the overall standard of hostels in Budapest is excellent but there are still some bad and mediocre ones.

Hopefully, this list will help you avoid bad and mediocre hostels to ensure you enjoy your stay in Budapest.

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