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8 best budget hotels in Lima

By ·8 picks
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Editorial illustration — budget hotels in Lima
The brief

Why budget hotels, why here

Budget hotels in Lima suit travellers who want a comfortable base at a sensible price—without paying premium rates for broad luxury. In practice, “budget” here means good value 2–3★ stays or straightforward 3–4★ options with focused amenities: reliable private rooms (or simple dorm-style lodging), clean bathrooms, Wi‑Fi, and an easy location for sightseeing and transport. This fits solo visitors, couples on a tight itinerary, and backpackers who plan their days around Lima’s neighbourhoods rather than their hotel facilities.

For first-time visitors, Miraflores is one of the most convenient bases. The district is centred on Parque Kennedy and is well placed for the coast via the Malecón promenade. If you’re keen to mix city life with nearby archaeology, you can also visit Huaca Pucllana in the same wider area. Budget choices here include *Tierra Viva Miraflores Centro* and *Tierra Viva Miraflores Larco*.

If you prefer a quieter, more business-friendly atmosphere, San Isidro makes sense, especially if you want calmer streets and quick access to key districts. For that, *Hotel Estelar San Isidro* is a good example from our inventory.

For travellers who want to be close to colonial sights and classic Lima bustle, consider the Historic Centre, anchored by landmarks such as Plaza Mayor. Budget-friendly lodging that’s right for this vibe includes *Lighthouse Bed And Breakfast*.

For the whole Lima guide →

The list

A selection of hotels to compare for your stay.

  1. 01
    ★★★

    Ibis Larco Miraflores

    Lima
    A practical Miraflores base near Larcomar, with an all-day bar.
    8.4 · 3,556 reviewsBudget-friendlyFamily-friendlyPet-friendly
  2. 02
    ★★★

    Hotel Ayenda Del Prado

    Lima
    San Isidro's budget base with park-view rooms and a spa bath, plus breakfast buffet.
    8.8 · 285 reviewsBudget-friendlyHotel
  3. 03
    ★★★

    Tierra Viva Miraflores Mendiburu

    Lima
    Miraflores food-and-sea walks, with a rooftop terrace and included buffet breakfast.
    9.1 · 962 reviewsBudget-friendlyBeachesCity centres
  4. 04
    ★★★

    Antigua Miraflores Hotel

    Lima
    Colonial-mansion character in Miraflores, with a rooftop terrace and garden.
    9.2 · 1,365 reviewsBudget-friendlyBeachesFamily-friendly
  5. 05
    ★★★

    Las Palmas

    Lima
    A practical Miraflores base near Kennedy Park, with a handy lobby bar.
    8.3 · 922 reviewsBudget-friendlyBeachesCity centres
  6. 06
    ★★★

    ibis Lima Reducto Miraflores

    Lima
    Practical Miraflores base near the 28 de Julio metro and Costa Verde beaches.
    8.6 · 1,492 reviewsBudget-friendlyFamily-friendlyPet-friendly
  7. 07
    ★★★

    Ferre Miraflores

    Lima
    Coastal Miraflores base near Larcomar, with spa and hot-tub downtime.
    8.2 · 659 reviewsSpa & wellnessBeachesCoastal
  8. 08
    ★★★

    Centro by Casa Andina

    Lima
    Miraflores convenience with steps to Indian Market and a dependable buffet breakfast.
    8.8 · 596 reviewsBudget-friendlyPet-friendlyFamily-friendly

Where the picks sit

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What to know about budget hotels in Lima

What makes a stay count as a “budget hotel” in Lima?

Typically it offers solid value—clean, functional rooms (or simple hostel beds), dependable Wi‑Fi, and a practical location—rather than extra luxury facilities.

Which area should I stay in for the best value?

Miraflores is usually the easiest all-round pick thanks to its central sights and transport links, with the Historic Centre also working well for cultural itineraries.

What price level and star ratings should I expect?

Expect mostly 2–3★ value stays, with some carefully priced 4★ apartments; in this guide, examples include 2★ hostels/B&Bs up to 4★ options.