Trip GrapevineTop places, picked by travellers

Lisbon · Hotel shortlist

Cheap hotels in the old town, Lisbon

Luca Ferreira

Luca Ferreira Spain and Portugal

Updated 1 September 2026 · 7 Lisbon hotels assessed

These are my five favourites in Lisbon, out of the 7 that qualified. I read what other travellers scored them before I picked, so the order follows the guests, 4.6 down to 3.7.

Every one comes in under $130 a night, and the one I would book first is $77.

Yes! Lisbon Hostel

Highest rated of the five

Yes! Lisbon Hostel

★★★★★4.6 from 1,235 reviews

Yes! Lisbon Hostel comes out on top of this list, and not narrowly: 4.6 from 1,235 guest reviews is a score that holds up at that volume, which is the whole test here. A perfect ten from nine people does not beat it.

It is a 2 star property, found under city centre and around $77 a night on the dates we checked.

7 hotels in Lisbon qualified for this list and five made it. Lost Inn Lisbon Hostel is the one I would book if the first is full.

Why it works for this trip

  • Air conditioningthe one that decides a summer trip
  • Bara drink without going back out
  • Family roomscots and larger rooms rather than a squeeze
  • Kitchenettebreakfast on your own schedule
  • Airport shuttlethe first hour after landing solved

Check rates Read more

All five, ranked

  1. Yes! Lisbon Hostel1

    Yes! Lisbon Hostel

    ★★★★★4.6 from 1,235 reviews

    • Bar
    • Kitchen
    • Kid friendly
    • Air conditioning
    • Airport shuttle

    Check rates Read more

  2. Lost Inn Lisbon Hostel2

    Lost Inn Lisbon Hostel

    ★★★★★4.6 from 791 reviews

    • Kitchen
    • Kid friendly
    • Air conditioning
    • Airport shuttle

    Check rates Read more

  3. Goodnight Hostel3

    Goodnight Hostel

    ★★★★★4.5 from 336 reviews

    • Kitchen
    • Kid friendly

    Check rates Read more

  4. Friendly Hills Bairro Alto4

    Friendly Hills Bairro Alto

    ★★★★★4.1 from 311 reviews

    • Kitchen
    • Kid friendly
    • Airport shuttle

    Check rates Read more

  5. City Center Hostel5

    City Center Hostel

    ★★★★★3.7 from 221 reviews

    • Airport shuttle

    Check rates Read more

How this list was put together

7 Lisbon hotels qualify for this list. We ranked them on guest rating, then on class, and took the top five.

Two things decide these lists. The first is my own time in the city: every hotel on this page is one I have stayed in, walked into and looked at, or gone back to check. That is where the shortlist starts, and it is why some well reviewed places are not on it.

The second is the numbers, and those are what set the order. The rating and review count come from the big travel sites, pooled through Google, so a score here reflects Expedia, Booking, Hotels.com and the rest together rather than any one of them. I also read the review breakdown by topic, which is where the figures on service, breakfast and location come from. Hotels with fewer than forty reviews are left out altogether, because a rating that thin is not a rating. No more than two come from one neighbourhood.

What I do not do is move anyone up the order. The ranking is the guest score, highest first, and nobody pays to be on the list.

Distances are straight lines from published coordinates, so the real walk is a little longer. Amenities are as recorded by Google Hotels and can change without notice. Rates are an indicative nightly figure for a midweek autumn stay, not a quote. Check the booking page before you commit.

Luca Ferreira

Luca Ferreira Spain and Portugal

Shuts the workshop two weeks every summer and rides. The Pyrenees, the Danube route and most of Portugal on frames he built himself, camping most nights.

Trip Grapevine earns a commission on bookings made through the links on this page. It costs you nothing, and it does not change the order of the list, which is set by the measurements above.