5 Budget Hotels In London For A Pocket-Friendly Stay

London, one of the world's most iconic cities, can seem expensive for travellers on a budget. However, with some planning, it's possible to explore the rich culture, historic landmarks, and neighbourhoods of the British capital without spending a fortune. Whether you're a solo backpacker, a couple, or a group of friends, plenty of affordable accommodations combine comfort, convenience, and local character.

From centrally located hostels near famous attractions like the British Museum and the Tower of London to stylish budget hotels in neighbourhoods like Shoreditch, London offers diverse options that cater to different needs and preferences.

In this guide, we've rounded up 5 budget hotels in London, helping you enjoy your visit to this city without straining your wallet.

Places To Stay In London That Are Budget-Friendly

YHA London St Pancras

Located just across the road from St Pancras International and King's Cross stations, YHA London St Pancras is ideal for travellers seeking affordable yet central accommodation. The hostel offers a range of room types, from dorms to private rooms, making it perfect for solo travellers, groups, or families.

The area is well-connected by public transport, allowing easy access to London's top attractions like the British Museum, Covent Garden, and the West End. There's a café where you can grab breakfast, snacks, or a hot drink. The hostel's location and basic but clean facilities make it a favourite among budget-conscious travellers.

The Information

Average Price: Approximately INR 4,000 per night

Address: 79-81 Euston Rd., London NW1 2QE, United Kingdom

The Walrus Hostel

For those who want to stay close to the iconic landmarks of London, The Walrus Hostel is an excellent choice. The hostel is situated near Waterloo Station and is a stone's throw from the London Eye, Big Ben, and the Houses of Parliament. It's a great base for sightseeing, offering a social atmosphere with friendly staff who provide insider tips on navigating London on a budget.

The hostel offers both dormitory beds and private rooms, and there's a well-equipped kitchen for preparing your meals, saving even more on costs. Downstairs, you'll find a traditional pub with reasonably priced drinks, giving guests a taste of London's pub culture without leaving the premises.

The Information

Average Price: Approximately INR 8,484 onwards per night

Address: 172 Westminster Bridge Rd, London SE1 7RW, United Kingdom

Point A Hotel London Shoreditch

Point A Hotel in Shoreditch is a great pick if you're seeking affordable comfort with a touch of style. Located in the Shoreditch neighbourhood, this hotel offers compact, minimalist rooms at affordable prices. While the rooms may be smaller, they have modern amenities like air conditioning, free Wi-Fi, and comfortable beds.

Shoreditch itself is a bustling area known for its street art, independent boutiques, and buzzing nightlife, making it an ideal location for young travellers. Plus, public transport links are excellent, with Liverpool Street Station nearby, easily connecting you to the rest of the city.

The Information

Average Price: Approximately INR 8,851 per night

Address:  8-10 Paul St, London EC2A 4JH, United Kingdom

Wombat's City Hostel London

Wombat's City Hostel is a favourite among budget travellers for its friendly vibe and excellent location. The hostel offers spacious dormitories and private rooms in East London, near Tower Bridge. It's a modern hostel with a great mix of comfort and style, featuring a large communal kitchen, an on-site bar, and a cosy courtyard.

The hostel's location means you're within walking distance of landmarks like the Tower of London and St. Katharine Docks. It's also well-connected by public transport, with Aldgate East and Tower Hill stations nearby. The hostel organises regular events, including pub crawls, a great way to meet other travellers.

The Information

Average Price: Approximately INR 5,000 per night

Address: 7 Dock St, London E1 8LL, United Kingdom

Ibis Budget London Whitechapel

Located in the East End, Ibis Budget London Whitechapel offers clean, simple, and modern rooms at an affordable price. The hotel provides all the essential amenities, including free Wi-Fi, air conditioning, and comfortable beds. Its location in Whitechapel gives you easy access to the hip neighbourhoods of Shoreditch and Brick Lane, known for their street art, markets, and diverse food scene. Public transport connections are excellent, with Whitechapel and Aldgate East tube stations nearby, allowing you to reach central London attractions quickly.

Average Price: INR 5,500 per night

Address: 100 Whitechapel Rd, London E1 1JG, United Kingdom