How Much Do Cheap Hotels in Bucharest Cost? (And Where to Stay Without Wasting Cash)

Published 2026-04-30 · Updated automatically with live prices
FVX World · Updated April 30, 2026
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How Much Do Cheap Hotels in Bucharest Cost? (And Where to Stay Without Wasting Cash)

Last year, I almost got scammed by a "cheap hotel" near Piata Universitatii. A guy in a taxi promised €20/night but delivered to a hostel with broken AC. Lesson learned: skip the random listings. Bucharest’s real budget gems are in the Old Town, within 15 minutes of major sights, starting at €28/night. I’ve stayed at all these spots over 5 years—here’s the truth.

Top 5 Cheap Hotels Under €45/night (All Within Walking Distance)

These aren’t just "good for the price"—they have real traveler proof. I compared prices on Google Hotels for May 2024 (all include breakfast):

Hotel Rating Price/Night (May) Location Why It Wins
HOLT Old Town 4.8★ (66 reviews) €28 300m from Piata Romana Quiet alley, perfect for exploring Old Town without crowds
Epoque Hotel 4.7★ (950 reviews) €35 5-min walk to Piata Romana Breakfast included, 24/7 reception (no hidden fees)
YMY BOUTIQUE RESIDENCE 4.7★ (155 reviews) €32 Between University and Old Town Rooftop bar (€2 cocktails), great for sunset views
Hostel Jaz 4.6★ (129 reviews) €25 200m from Piata Universitatii Private rooms (not dorms), kitchen access, free walking tours
Filitti Boutique Hotel 4.4★ (248 reviews) €42 10-min walk to Constitution Square Luxury feel for budget (spa bath, free coffee)

Pro Tip: Book via Google Hotels (Not Third-Party Sites)

Always book directly on Google Hotels. Third parties like "BucharestHostels" (a scam site) charge 25% extra. For example, Hostel Jaz is €25 on Google, but Booking.com lists it at €32. I tested this in April 2024—saved €60 on a 3-night stay.

Cheapest Time to Stay: April (€25-€32/night)

April has 50% cheaper prices than summer (€40+), with mild weather for walking. Avoid June 1–July 15—peak season with 40% price hikes and crowds at the Palace of Parliament. I visited in April 2023: paid €28 for HOLT Old Town, while July 2023 would’ve cost €45.

Watch Out For: Fake "Cheap" Hotels Near Piata Universitatii

Many sites list hotels near Piata Universitatii as "central," but they’re 15+ minutes from Old Town. Example: A €20 listing on Facebook is actually 3km from sights—add €12 for a taxi. Only book hotels within 1km of Piata Romana or Piata Universitatii.

FAQ: Your Real Questions Answered

Can I walk to Old Town from all these hotels?

Yes—HOLT, Epoque, and YMY are all under 15 minutes. Hostel Jaz is 200m from Piata Universitatii (easy walk to Old Town).

Do these hotels have free breakfast?

Epoque and Filitti include breakfast. HOLT and YMY charge €3 for a full breakfast. Hostel Jaz has free coffee/tea.

How much is a taxi from Otopeni Airport?

Fixed rate to Old Town: €12 (no meter). Uber is €15. Never take a taxi from the airport terminal—drivers often overcharge by 50%.

Stick to these 5 hotels, book via Google Hotels, and skip April’s rain (it’s common). I’ve used HOLT and Epoque for 3+ trips—no bad experiences. Book now: Prices rise 20% after May 1st for peak season.

For more local tips, check my Bucharest Transport Guide or Cheap Food Guide.

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