✓ Verified Picks💰 Prices Included★ Top RatedUpdated Feb 2026

The 8 BEST Cheap Hotels that Have Great Ratings and Reviews in New York 2026

JL
By Jessica Lane·Travel Editor

Readers will discover a curated selection of budget-friendly hotels in New York that do not compromise on comfort or service. Finding affordable hotels in New York that maintain high ratings and positive reviews can be a daunting task. This list is valuable as it highlights hidden gems that offer quality experiences without breaking the bank.

1

West Side YMCA

5 West 63rd Street

Boasts a prime location just steps from Central Park for budget-conscious explorers. With Central Park practically at your doorstep, every morning can start with a refreshing stroll or invigorating jog through the iconic greens of Manhattan. Picture yourself just a short walk from Columbus Circle, where the heartbeat of the city surrounds you, ensuring you won’t miss a single attraction. After a day of adventure, unwind with a workout in the state-of-the-art fitness center or take a dip in the indoor swimming pool. This is not just a stay; it’s your gateway to experiencing New York City without breaking the bank, so book your escape today.

2

Pod 51

230 E 51st St

Delivers an exceptional stay with top ratings at an unbeatable price in the heart of Manhattan. At Pod 51, you will find a team of multilingual concierges dedicated to crafting your New York adventure. Enjoy complimentary daily tours that unveil hidden gems and iconic sights alike, enriching your experience without stretching your budget. The rooftop garden provides a serene escape with stunning views, perfect for unwinding after a day of exploring. Book now to secure your spot at a hotel that truly understands your desire for quality and value.

3

Night Hotel Broadway

215 W 94th St

Delivers a cozy atmosphere just steps from Central Park at an unbeatable price. Experience the charm of the Upper West Side while enjoying great ratings that reflect the exceptional stay you'll find here. With easy access to iconic landmarks like Lincoln Center and Times Square, your New York adventure begins at your doorstep. Imagine unwinding in family rooms designed for relaxation, all while having the convenience of e-bike charging and secure parking. Don't miss the chance to make this welcoming haven your home base in the city, book your stay now and step into an unforgettable experience.

4

Holiday Inn New York City - Wall Street by IHG

51 Nassau St.

Offers unbeatable access to Wall Street at an extraordinary value under $200 per night. Staying here immerses you in the vibrant pulse of New York City's financial district, with the subway just steps away for seamless exploration. The modern amenities ensure your comfort, letting you unwind after a day of adventure in the bustling city. With a solid rating of 7.6, this hotel embodies a blend of convenience and quality that travelers can trust. Don't miss out on this opportunity to experience the heart of New York, book your stay today.

5

Pod Times Square

400 W 42nd Street

Delivers modern comfort and exceptional dining in the heart of Times Square for under $200 a night. At Pod Times Square, you step into a world where the vibrant energy of New York City surrounds you. Enjoy unforgettable meals at Serafina in the Sky, where culinary excellence meets stunning views that elevate every bite. With an impressive rating of 8.8, this hotel showcases why guests rave about their experiences, allowing you to explore the city's iconic sights without stretching your budget. Secure your stay and immerse yourself in the excitement of NYC today.

6

Holiday Inn Express New York City- Wall Street by IHG

126 Water St

Delivers unbeatable value with stellar ratings in the heart of Wall Street. Staying here means immersing yourself in the vibrant energy of New York while enjoying modern comforts. A fitness center keeps you active, while complimentary Wi-Fi ensures you stay connected. Grab a quick snack from the convenience store or explore tour options that open up the city's treasures. With a stellar rating of 7.6, this hotel is a smart choice for travelers looking to experience the best of New York without stretching their budget. Book your stay today and discover the thrill of Wall Street at your doorstep.

7

SoHo 54

54 Watts St

Offers a serene garden and terrace that transform your New York experience into a peaceful retreat. In the midst of the city’s hustle and bustle, this tranquil oasis invites you to unwind and recharge. Imagine sipping your morning coffee surrounded by lush greenery, or enjoying a quiet evening on the charming terrace after a day of exploring. The modern rooms, some featuring private balconies, ensure you have a comfortable and convenient base to return to. With its unbeatable value and stellar ratings, SoHo 54 is the perfect choice for your New York adventure, book your stay today and discover the magic for yourself.

8

Hotel Alameda, Highline

518 W 27th St

Brings style and comfort to Chelsea without pushing your budget over $200. Explore the vibrant streets of Chelsea while enjoying modern accommodations that radiate chic elegance. With bright accent colors and contemporary furnishings, each room invites relaxation after a day of adventure. Indulge in culinary delights at the two gourmet restaurants, where diverse flavors await to excite your palate. Don't miss out on this unique gem, book your stay at Hotel Alameda, Highline today and experience New York City like never before.

Frequently Asked Questions

What neighborhoods in New York are known for affordable hotels with great reviews?

Look for hotels in areas like Long Island City, Brooklyn, and the Lower East Side. These neighborhoods often have well-reviewed hotels at a lower price point compared to Midtown.

Are there any budget-friendly hotels near major attractions in New York?

Yes, consider hotels in the vicinity of Central Park or the Theater District. Many affordable options are within walking distance of attractions like Times Square and the Museum of Modern Art.

What are some tips for finding hotels with great ratings in New York?

Read recent reviews on popular travel sites. Look for hotels with consistent ratings of 4 stars or higher, focusing on comments about cleanliness, service, and location.

How can I ensure I am booking a hotel with a good reputation?

Check multiple review platforms such as TripAdvisor, Google Reviews, and Yelp. Pay attention to both the number of reviews and the overall rating for a balanced perspective.

What amenities should I look for in a highly-rated budget hotel in New York?

Look for hotels that offer free Wi-Fi, breakfast options, and convenient transportation links. These amenities can enhance your stay without breaking the bank.

Are there any boutique hotels in New York that offer great value?

Yes, many boutique hotels in areas like Williamsburg and the West Village offer unique experiences and personalized service at competitive prices.

What is the best way to find last-minute deals on hotels in New York?

Use last-minute booking apps or websites. They often offer discounted rates for same-day bookings, especially in less touristy areas.

How do I choose a hotel based on public transport accessibility in New York?

Check the proximity of the hotel to subway stations or bus stops. Hotels near major transit lines can make it easier to explore the city efficiently.

Which hotel chains are known for providing reliable service and quality in New York?

Brands like Hampton Inn, Holiday Inn Express, and Marriott Courtyard often have well-maintained locations with positive reviews in New York.

What resources can I use to compare hotel ratings effectively?

Use travel comparison websites like Kayak, Trivago, or Hotels.com. These platforms aggregate reviews and ratings, helping you make informed decisions.

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