Cheap Hotels in Munich 2026 (Best Budget Hotels Under €150)

Updated for 2026 • Budget Hotel Guide • Cheap Hotels • Hostels • Best Value Accommodation

Munich has a reputation for being one of Germany's more expensive cities, but excellent budget accommodation is still available if you know where to look. From modern budget hotels near Munich Central Station to affordable stays in lively neighbourhoods like Ludwigsvorstadt and Sendling, visitors can enjoy comfortable accommodation without exceeding their travel budget.

Choosing the right budget hotel also allows you to stay close to Munich's major attractions while saving money for beer gardens, museums, shopping and day trips to Bavaria's famous castles.

This independently researched guide compares Munich's best cheap hotels using price, guest reviews, cleanliness, transport connections, location and overall value for money.

Best Hotels in Munich → • Where to Stay in Munich → • Luxury Hotels → • Boutique Hotels → • Best Things to Do → • Germany Travel Guide →

🏨 Best Cheap Hotels in Munich

🏆 ibis Budget München City — Best Budget Hotel Overall

Offering clean, modern accommodation at consistently affordable prices, ibis Budget München City is our top recommendation for travellers seeking dependable value. Located close to excellent public transport, the hotel provides quick access to Marienplatz, the English Garden and Munich Central Station without the premium prices charged in the Old Town.

Rooms are compact but well designed, featuring comfortable beds, reliable Wi-Fi and everything needed for a comfortable city break while keeping accommodation costs low.

Highlights

• Excellent value for money.
• Modern, clean guestrooms.
• Fast public transport connections.
• Reliable international standards.
• Ideal for short city breaks.

Best For

• Budget travellers.
• Solo travellers.
• Weekend visitors.
• First-time visitors.

🏨 Check Availability at ibis Budget München City →

🎒 MEININGER Munich City Center — Best Budget Hostel Hotel

Combining private hotel rooms with hostel-style facilities, MEININGER Munich City Center offers exceptional flexibility for families, backpackers and groups. Guests benefit from modern communal areas, guest kitchens, laundry facilities and affordable room rates throughout the year.

Its location near public transport makes reaching Munich's major attractions quick and inexpensive.

Highlights

• Private rooms and dormitories.
• Family-friendly accommodation.
• Guest kitchen.
• Excellent value.
• Good transport connections.

Best For

• Families.
• Groups.
• Backpackers.
• Students.

🏨 Compare Room Prices →

🚉 a&o München Hauptbahnhof — Best Cheap Central Hotel

Located close to Munich Central Station, a&o München Hauptbahnhof provides one of the city's lowest-priced accommodation options while remaining within walking distance of many attractions. The property is particularly popular with backpackers and visitors arriving by train.

Simple but functional rooms and excellent transport links make it an ideal base for travellers prioritising sightseeing over luxury facilities.

Highlights

• Excellent central location.
• Very competitive prices.
• 24-hour reception.
• Family and hostel rooms.
• Easy airport connections.

Best For

• Backpackers.
• Train travellers.
• Short stays.
• Budget-conscious visitors.

🏨 View Current Rates →

💰 B&B Hotel München City — Best Value Hotel

B&B Hotel München City consistently ranks among Munich's best-value hotels thanks to its combination of modern facilities, comfortable rooms and convenient location. Guests enjoy excellent transport access while paying considerably less than Old Town hotel prices.

For travellers seeking dependable accommodation with excellent cleanliness and service, it represents one of the city's strongest budget choices.

Highlights

• Modern comfortable rooms.
• Excellent cleanliness.
• Reliable Wi-Fi.
• Strong value for money.
• Convenient transport access.

Best For

• Couples.
• Business travellers.
• Weekend breaks.
• Value seekers.

👨‍👩‍👧 Hampton by Hilton Munich City Centre East — Best Budget Hotel for Families

Families looking for affordable accommodation with dependable international standards should consider Hampton by Hilton Munich City Centre East. Spacious rooms, complimentary breakfast and excellent public transport make it particularly attractive for visitors travelling with children.

Its location outside the busiest tourist districts also provides quieter evenings while still allowing easy access to Munich's attractions.

Highlights

• Family-friendly rooms.
• Breakfast included.
• Reliable Hilton quality.
• Excellent transport links.
• Great overall value.

Best For

• Families.
• Longer stays.
• Road trips.
• Budget holidays.

📍 Best Areas for Cheap Hotels in Munich

🏨 Budget Hotel Comparison

💶 Typical Budget Hotel Prices in Munich

🎒 Best Budget Hotels by Traveller Type

🔎 How We Selected These Budget Hotels

Each property has been independently assessed using verified guest reviews, cleanliness, comfort, transport accessibility, value for money, facilities and overall guest satisfaction. We focus on accommodation that delivers dependable quality without unnecessary expense.

• Verified guest reviews.
• Excellent value for money.
• Cleanliness and comfort.
• Transport connections.
• Location relative to attractions.
• Reliable service standards.
• Overall traveller satisfaction.

❓Frequently Asked Questions

Can you find good hotels in Munich for under €150?

Yes. Outside Oktoberfest and major trade fairs, many excellent hotels—including ibis Budget München City and B&B Hotel München City—regularly offer rooms below €150 per night.

Which area is best for budget accommodation?

Ludwigsvorstadt, Maxvorstadt and the area around Munich Central Station provide the best combination of affordability, transport links and convenience.

When are Munich hotels cheapest?

January, February and parts of November generally offer the lowest hotel prices, while September (Oktoberfest) is the most expensive period.

Are budget hotels in Munich safe?

Yes. The hotels recommended in this guide are well-reviewed, professionally managed and located in areas with good public transport and visitor infrastructure.

Should I book in advance?

Absolutely. Early reservations usually secure the best prices and widest choice, especially if your travel dates coincide with festivals or exhibitions.

Affiliate Disclosure: WiseChoiceCompare may earn a commission if you book accommodation or travel services through selected affiliate links on this page. This never affects our editorial recommendations, which are based on independent research, verified guest reviews, value for money and overall traveller experience.