Mentioning budget and London in the same sentence really does feel like an oxymoron. But I promise it is possible! Many Hotels are more affordable, but you will need to book months in advance to secure cheaper prices. I have added some hostels to this list because they offer private rooms, which is sometimes a cheaper alternative to a hotel room. Keep reading to discover my list of budget hotels in London.

YHA London Central
Location: Fitzrovia
This centrally located 4-star hostel offers rooms starting at ยฃ25 per night. Private rooms, Women-only, and men-only rooms are also available. It is near two underground stations (Great Portland Street and Regent’s Park). Many attractions are also within walking distance, such as Oxford Street, Madame Tussauds, and Regents Park, where you can find an open-air theatre. This hostel also offers an unlimited continental breakfast for ยฃ5.95 per person.
easyHotel London Victoria
Location: Victoria
Prices in this hotel can start as low as ยฃ60 per night, making it one of the cheapest hotels in central London. The location makes it easily accessible for transport, as Victoria station is a 5 minute walk. You can get coaches or trains from Victoria station to Gatwick airport, Luton airport, or Stansted airport. You can also take trains and coaches from Victoria to many other places across the country. Westminster Abbey and Buckingham Palace are also within walking distance. This is a “no frills” type of hotel, so it would be suitable for someone who doesn’t intend to spend much time there.
Premier Inn London County Hall Hotel
Location: South Bank
Premier Inn is one of Britain’s “affordable” hotel chains. This particular hotel is located very close to the London Eye, River Thames, and Houses of Parliament. Rooms prices can start at ยฃ90 per night if you book in advance, which is a good price considering the location. In my experience, rooms at Premier Inn are always very nice and clean. They also serve a tasty full English breakfast buffet! So be sure to try it if you ever stay with this hotel chain.
The Z Hotel City
Location: Fleet Street
Depending on the month, and how far in advance you book, rooms at this hotel can start at ยฃ60 per night. There are several underground stations nearby (Temple, Blackfriars, and Chancery Lane). It is also close to St Paulโs Cathedral and Somerset House are within walking distance. This hotel is located in London’s financial district and has a wine bar and cafe that offers charcuterie/cheese boards.
Generator London
Location: Kings Cross
Generator is a chain of hostels that are located in major European cities and a few American cities. The London hostel is located close to Russell Square underground station, which is one stop away from Kings Cross Station (one of London’s main train stations). From King’s Cross, you can also take the Eurostar train to Paris or Brussels. Prices for dorm beds start at ยฃ17 per night, and private rooms start at ยฃ55. The British Museum is also within walking distance.
All the options I have listed above provide great value without compromising on location. Most of these hotels are centrally located, making it easy to reach the most popular attractions in London. I cannot guarantee comfort, but in a city as bustling as London, the chances of you spending much time in your hotel are slim.
Very good to know these budget options in London! Thanks for sharing!
You’re welcome ๐
I stayed at the Generator Hostel on my first trip to London. I had a good experience, and the staff was accommodating.
Thats good to know ๐
Wow, I am surprised there are budget options in someplace like London!
It is an expensive city, but cheap things can be found with a lot of research ๐
We’ve stayed in a Generator in Venice and it was amazing. I would definitely stay in another one. It’s good to know there’s one in London when we finally make it there.
I have never actually stayed in a generator before, so thanks for letting me know ๐ I might give it a try in future
I wish I had had this when booking hotels for my son’s solo London visit. Great mix of hotels and hostels with easy access to attractions.
Glad that you find it useful ๐
Great picks! Love that you included both hostels and hotels. Super helpful โ thanks for sharing!
You’re welcome ๐
The Easyhotel London Victoria or the Premier Inn London County Hall Hotel would be my pick from these 5.
Agreed. I have always wanted to try the easyHotel, they have many hotels across Europe.
Love a premier inn!!
Me too. They do a really good English breakfast ๐
London can definitely be expensive so thank you for compiling this budget-friendly hotels. I’ll keep them in mind for future trips to London ๐
You’re welcome ๐
Wow! I had no idea that London has such affordable hotel! Thanks for the great tips!
you’re welcome ๐