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Spend Less, See More: 13 Budget-Friendly Prague accommodations you'll love

Spend Less, See More: 13 Budget-Friendly Prague accommodations you'll love
Spend Less, See More: 13 Budget-Friendly Prague accommodations you'll love
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Make the most out of your shoestring budget in the capital of the Czech Republic

If you're planning a trip to the Czech Republic's captivating capital city but don't want to break the bank on accommodation, then you're in the right place. Prague is one of our favourite urban getaways - a true Czech gem that’s filled with architectural beauty, a lively cultural scene, and a booming nightlife.

As more travellers are flocking to Prague, finding affordable accommodation can be a challenge, especially during peak travel seasons like the summer. But don't worry! We've got you covered. 

I asked our on-the-ground editors their recommendations of places in Prague that friends and families have stayed in when visiting them. In this round-up, we’ll explore different types of budget-friendly accommodation dotted throughout the many neighbourhoods of Prague, from hostels and budget hotels to apartments and guesthouses. So whether you're a student on a tight budget, a backpacker looking for affordable options, or simply someone who wants to stretch their European holiday further, these affordable accommodation options will help make the most of your time in Prague without breaking the bank!

Bunk beds in an exposed brick cellar at the Czech Inn.
A comedy show on stage at the Czech Inn.
Czech Inn

1. Czech Inn

  • Includes a brick cellar bar
  • Offers a pick-up/drop-off service to/from the airport upon prior arrangement
  • Namesti Miru metro station is only a short walk away

This is one of the most chic accommodations in all of Prague - and guess what, a bed per night cost way less than 20 euros per person! The Czech Inn is tucked away inside a well-restored 19th-century building that lives up to the historical beauty that makes Prague. Exposed brick walls are designed throughout the hostel, with plenty of chill common rooms. Different nights of the week have different events, like how Tuesday night is comedy night. So head on down to the in-house bar, grab a cheap beer (this is Prague after all, where beer is cheaper than water!) and sit back for some laughs by local comedians. 

Check out more photos and book your stay here at Czech Inn!

A bedroom with a tv and desk and bed at the Luma Terra Prague Hostel.
A stylish bathroom with a washing machine at the Luma Terra Prague Hostel.
Luma Terra Prague Hostel

2. Luma Terra Prague Hostel

  • Facilities included for disabled guests
  • 400 m from Historical Building of the National Museum of Prague and 2.8 km from Charles Bridge
  • A buffet, à la carte or continental breakfast is available each morning at the property

Staying at this hostel is more like staying at a 4 star hotel - the bathrooms are gorgeous (with a touch of 1920s swinging tiles like you’re in the Great Gatsby) along with spacious rooms. Some hostel rooms are so compact and almost claustrophobic, but here at Luma Terra Prague Hostel, you’ll have enough privacy between your bunkmates. And of course, it’s all about location, location, location - being nearby both a tram stop and a subway station is so key to exploring Prague, and this hostel is right by both! 

Check out more photos and book your stay here at Luma Terra Prague Hostel!

A cosy living room with a map of the world and couches at the Brix Hostel.
The open terrace space in the inner yard at the Brix Hostel.
Brix Hostel

3. Brix Hostel

  • Adults only accommodation 
  • The historical Building of the National Museum of Prague is 2.4 km nearby 
  • Includes a shared lounge and garden 

You don’t have to worry about crying kids here! Brix Hostel is an adult-only accommodation, so you know you’ll be around travellers that are your own age as well. It’s a really well-designed place - cosiness is the keyword, with the hostel making plush nooks for you to easily socialise and meet people. There’s also tons of art works hung up and painted all over the different spaces too. The open terrace is a great spot to make new friends, especially if you’re a solo traveller. Oh, and if you’re a coffee drinker - feel free to drink until your heart's content since the hostel provides free coffee for its guests. 

Check out more photos and book your stay here at Brix Hostel!

A single bed with a side nightstand at the Giotto Apartments.
A plush wide bed at the Giotto Apartments beside a splatter painting.
Giotto Apartments

4. Giotto Apartments

  • Fully equipped kitchen with an oven, dishwasher, microwave 
  • Towel, sheets, shampoo, and tissue are provided
  • Close to the metro stop 

If you want to a bit of a change-up from staying in hostels, then switch it up for Giotto Apartments. This is a private home akin to an Airbnb, but without the hassle of trying to arrange a check in with your host. The rooms here will feel homely, great for travellers who need their good night sleep and proper rest, without the pressure of going out. Also, there’s a washing machine you’re free to use, so if you’ve been backpacking for a while - no need to spend extra money to get your laundry done here. This accommodation is usually booked up - so if you manage to find dates that fit your travels in Prague, then don’t wait too long! 

Check out more photos and book your stay here at Grotto Apartments!

The bunk beds beside the windows at the Sophie's Hostel.
The hang out cellar at the Sophie's Hostel.
Sophie's Hostel

5. Sophie's Hostel

  • Located in the lively New Town neighbourhood
  • A kitchen is available for those who want to cook their meals 
  • Sophie's Hostel offers an airport pick up and drop off service for a surcharge upon prior arrangement

With modern design and personal services such as a 24-hour reception, Sophie’s Hostel is perfectly located for you to explore and make the most out of Czech Republic’s capital city. It’s a sociable hostel, as travellers love to hang out in its in-house bar to meet other travellers. If you’re wondering if there’s a happy hour deal - definitely pop in any time from 6pm - 8pm (any day of the week too!) The rooms are also really spacious, with free lockers available for you to store your luggage safely underneath the beds. 

Check out more photos and book your stay here at Sophie’s Hostel!

The outside terrace with a pool table at the Hostel Elf.
A bedroom with lockers and a table with seats at the Hostel Elf.
Hostel Elf

6. Hostel Elf

  • The historical neighbourhood can be reached within 20 minutes on foot
  • Includes a fully-equipped kitchen, a barbecue terrace
  • Located a 5-minute walk away from the Florenc Bus and Metro Station

If you’re looking for a fun, outgoing and joyful atmosphere on top of being affordable, then look no further than Hostel Elf. The common eras are an explosion of colours and artful designs. Here, you can grab a beer, hang out and meet other like-minded travellers. A big bonus for this hostel that a lot of travellers love about is the showers! Yep, you don’t have to worry about strong water pressure or not having enough hot water her, as those casual luxuries are taken care of. The staff here is also super friendly and knows Prague like its the back of their hand - so any questions you have of the city, ask away. 

Check out more photos and book your stay here at Hostel Elf

The leafy planted pots around the common space at the Prague Dream Hostel.
A view of the kitchen and double bunker bed at the Prague Dream Hostel.
Prague Dream Hostel

7. Prague Dream Hostel

  • Only 450 m from Historical Building of the National Museum of Prague and 1.1 km from Prague Astronomical Clock
  • 24-hour front desk
  • All units at the hostel are equipped with a seating area

Leafy-like an indoor garden, Prague Dream Hostel is an abode that attracts travellers who like a calm and relaxing environment to unwind between their travels. The spotless kitchen has everything you need for cooking up a meal, but if you want to go out and eat then the staff has a list of personable recommendations all around town. The beds will provide you utmost comfort and privacy - each bed includes its own curtains and lockers, so you don’t have to worry about neighbours. If you stay here, you don’t even have to take the city’s public transportation anywhere, you can just walk from the hostel to Prague’s old town where major landmarks are all within reach. 

Check out more photos and book your stay here at Prague Dream Hostel!

A huge parrot design with a tree inside the Hostel Downtown.
The bedroom with 4 beds and a desk at the Hostel Downtown.
Hostel Downtown

8. Hostel Downtown

  • Only 450 m from Historical Building of the National Museum of Prague and 1.1 km from Prague Astronomical Clock
  • 24-hour front desk
  • All units at the hostel are equipped with a seating area

Right outside of Hostel Downtown doorsteps is the beating heart of Prague. Yep, that means you’re within walking distance to the Old Town Square, all of the stunning landmarks of Czech Republic’s capital, without having to worry about the distance or the walk. This is a hostel that is jammed pack with things to do! Every day the staff host an event, like cooking or night tours that guests can partake in. There are free tours of the city, beer pong, Sunday free dinner or pub crawls on rotation. So if you’re looking for an action-packed adventure during your time in Prague, as well as to make new friends, this is the perfect place to stay for less than 20 euros a night. 

Check out more photos and book your stay here at Hostel Downtown!

The single beds in a dorm room at the Sir Toby’s Hostel 
The kitchen in an exposed brick cellar at the Sir Toby’s Hostel.
Sir Toby’s Hostel 

9. Sir Toby’s Hostel 

  • Located only 100 m from the Delnicka tram station
  • A 10-minute tram ride to Prague’s city centre 
  • All rooms are individually furnished with Czech antiquities and provide a work desk

One of the biggest superstar features of Sir Toby’s Hostel is its authentic open brick cellar that housed its bar. The bar has affordable beer on tap, and guests often hang out there throughout the day. Each bed is guaranteed free lockers, so you can tuck your luggage away safely during your stay. If you want to switch it up from hanging out by the bar, there are other common spaces throughout the hostel too. What we also love about this place is the weekly barbecue event that’s hosted in its own gardens. It makes it a fun way to meet other travellers, having an easy icebreaker over yummy grilled food! 

Check out more photos and book your stay here at Sir Toby’s Hostel!

The rooftop view at the Hostel Little Quarter.
The front check-in desk at the Hostel Little Quarter.

10. Hostel Little Quarter

  • A private bathroom is included in each dormitory and room
  • Luggage storage is available for free
  • Guests can rent bicycles at the 24-hour front desk

At the Hostel Little Quarter, make sure you make your way up to the rooftop terrace to soak up the wonderful sun, as well as the incredible views of Prague from up top. The hostel is located only 200 metres away from Prague Castle, which is an iconic must-see in the capital city, so it’s great not having to travel across the city for it. Another great part of the hostel is that you can get in and out easily with a key card - not actual jangly keys here to worry about! And just to be sure, there’s always someone working at the front desk, helping you whenever you need it. 

Check out more photos and book your stay here at Hostel Little Quarter!

Two people lookng out of Charles Bridge Hostel & Apartments' window.
The attic bedroom inside the Charles Bridge Hostel & Apartments.
Charles Bridge Hostel & Apartments

11. Charles Bridge Hostel & Apartments

  • Bed sheets, linen, towels and toiletries are provided free of charge
  • Fridge, satellite TV with free movies to watch and DVD are also available
  • Сoffee for guests is provided for free all day long and unlimited

While some hostels prefer to maximise their space - stuffing bunk beds side by side and travellers feel more like a number than a guest, at Charles Bridge Hostel & Apartments the hospitality makes sure to stay small, intimate, and cosy. Here, you won’t feel overwhelmed by too many people so the small boutique guesthouse is quite personable. Adding to this, no matter what time of the day it is, the super friendly staff are ready to help out and point you to the best of what Prague has to offer. Travellers love this accommodation’s location because it lives up to its name, being right at the foot of the iconic Charles Bridge. 

Check out more photos and book your stay here at Charles Bridge Hostel & Apartments!

Bunkbeds inside the Ahoy! Hostel.
The common room table where a person works on his laptop at the Ahoy! Hostel.
Ahoy! Hostel

12. Ahoy! Hostel

  • Bed sheets, linen, towels and toiletries are provided free of charge
  • Fridge, satellite TV with free movies to watch and DVD are also available
  • the Vltava River can be seen 500 m away

It’s all about location when you’re travelling, and Ahoy! Hostel is in the heart of the action, being right in the Old town of Prague, as well as the bustling Wenceslas Square. Taking advantage of the location, guests usually hang out after dinner in the common room with a few beers before heading out to bar hop around town. If you want to make friends easily, this is the place for it! This hostel is great for whether you’re only in Prague for a weekend or for a longer stay, as the ambience is really welcoming for any type of traveller. 

Check out more photos and book your stay here at Ahoy! Hostel!

Single beds in a row at the Hostel One Míru.
The living room hanging out area with bean bag chairs and a tv at the Hostel One Míru.

13. Hostel One Míru

  • Dorms come with hardwood floors and a shared or private bathroom with a shower
  • Náměstí Míru Metro Station is 60 m nearby 
  • 24-hour front desk 

This is a cosy family-run hostel that is only less than a 10-minute walk to Prague’s old town. Hostel One Míru is close to great local restaurants and cafes, but if you want to cook your own meals, the kitchen will remind you of one that you have at home - fitted with an oven, microwave, giant fridge and everything you need. The common room is like a college dorm’s hang-out area, fitted with comfy cushions, a TV, and different shelves with books that you can read. 

Check out more photos and book your stay here at Hostel One Míru!

Live the World map bannerLive the World map banner

Make the most out of your shoestring budget in the capital of the Czech Republic

If you're planning a trip to the Czech Republic's captivating capital city but don't want to break the bank on accommodation, then you're in the right place. Prague is one of our favourite urban getaways - a true Czech gem that’s filled with architectural beauty, a lively cultural scene, and a booming nightlife.

As more travellers are flocking to Prague, finding affordable accommodation can be a challenge, especially during peak travel seasons like the summer. But don't worry! We've got you covered. 

I asked our on-the-ground editors their recommendations of places in Prague that friends and families have stayed in when visiting them. In this round-up, we’ll explore different types of budget-friendly accommodation dotted throughout the many neighbourhoods of Prague, from hostels and budget hotels to apartments and guesthouses. So whether you're a student on a tight budget, a backpacker looking for affordable options, or simply someone who wants to stretch their European holiday further, these affordable accommodation options will help make the most of your time in Prague without breaking the bank!

Bunk beds in an exposed brick cellar at the Czech Inn.
A comedy show on stage at the Czech Inn.
Czech Inn

1. Czech Inn

  • Includes a brick cellar bar
  • Offers a pick-up/drop-off service to/from the airport upon prior arrangement
  • Namesti Miru metro station is only a short walk away

This is one of the most chic accommodations in all of Prague - and guess what, a bed per night cost way less than 20 euros per person! The Czech Inn is tucked away inside a well-restored 19th-century building that lives up to the historical beauty that makes Prague. Exposed brick walls are designed throughout the hostel, with plenty of chill common rooms. Different nights of the week have different events, like how Tuesday night is comedy night. So head on down to the in-house bar, grab a cheap beer (this is Prague after all, where beer is cheaper than water!) and sit back for some laughs by local comedians. 

Check out more photos and book your stay here at Czech Inn!

A bedroom with a tv and desk and bed at the Luma Terra Prague Hostel.
A stylish bathroom with a washing machine at the Luma Terra Prague Hostel.
Luma Terra Prague Hostel

2. Luma Terra Prague Hostel

  • Facilities included for disabled guests
  • 400 m from Historical Building of the National Museum of Prague and 2.8 km from Charles Bridge
  • A buffet, à la carte or continental breakfast is available each morning at the property

Staying at this hostel is more like staying at a 4 star hotel - the bathrooms are gorgeous (with a touch of 1920s swinging tiles like you’re in the Great Gatsby) along with spacious rooms. Some hostel rooms are so compact and almost claustrophobic, but here at Luma Terra Prague Hostel, you’ll have enough privacy between your bunkmates. And of course, it’s all about location, location, location - being nearby both a tram stop and a subway station is so key to exploring Prague, and this hostel is right by both! 

Check out more photos and book your stay here at Luma Terra Prague Hostel!

A cosy living room with a map of the world and couches at the Brix Hostel.
The open terrace space in the inner yard at the Brix Hostel.
Brix Hostel

3. Brix Hostel

  • Adults only accommodation 
  • The historical Building of the National Museum of Prague is 2.4 km nearby 
  • Includes a shared lounge and garden 

You don’t have to worry about crying kids here! Brix Hostel is an adult-only accommodation, so you know you’ll be around travellers that are your own age as well. It’s a really well-designed place - cosiness is the keyword, with the hostel making plush nooks for you to easily socialise and meet people. There’s also tons of art works hung up and painted all over the different spaces too. The open terrace is a great spot to make new friends, especially if you’re a solo traveller. Oh, and if you’re a coffee drinker - feel free to drink until your heart's content since the hostel provides free coffee for its guests. 

Check out more photos and book your stay here at Brix Hostel!

A single bed with a side nightstand at the Giotto Apartments.
A plush wide bed at the Giotto Apartments beside a splatter painting.
Giotto Apartments

4. Giotto Apartments

  • Fully equipped kitchen with an oven, dishwasher, microwave 
  • Towel, sheets, shampoo, and tissue are provided
  • Close to the metro stop 

If you want to a bit of a change-up from staying in hostels, then switch it up for Giotto Apartments. This is a private home akin to an Airbnb, but without the hassle of trying to arrange a check in with your host. The rooms here will feel homely, great for travellers who need their good night sleep and proper rest, without the pressure of going out. Also, there’s a washing machine you’re free to use, so if you’ve been backpacking for a while - no need to spend extra money to get your laundry done here. This accommodation is usually booked up - so if you manage to find dates that fit your travels in Prague, then don’t wait too long! 

Check out more photos and book your stay here at Grotto Apartments!

The bunk beds beside the windows at the Sophie's Hostel.
The hang out cellar at the Sophie's Hostel.
Sophie's Hostel

5. Sophie's Hostel

  • Located in the lively New Town neighbourhood
  • A kitchen is available for those who want to cook their meals 
  • Sophie's Hostel offers an airport pick up and drop off service for a surcharge upon prior arrangement

With modern design and personal services such as a 24-hour reception, Sophie’s Hostel is perfectly located for you to explore and make the most out of Czech Republic’s capital city. It’s a sociable hostel, as travellers love to hang out in its in-house bar to meet other travellers. If you’re wondering if there’s a happy hour deal - definitely pop in any time from 6pm - 8pm (any day of the week too!) The rooms are also really spacious, with free lockers available for you to store your luggage safely underneath the beds. 

Check out more photos and book your stay here at Sophie’s Hostel!

The outside terrace with a pool table at the Hostel Elf.
A bedroom with lockers and a table with seats at the Hostel Elf.
Hostel Elf

6. Hostel Elf

  • The historical neighbourhood can be reached within 20 minutes on foot
  • Includes a fully-equipped kitchen, a barbecue terrace
  • Located a 5-minute walk away from the Florenc Bus and Metro Station

If you’re looking for a fun, outgoing and joyful atmosphere on top of being affordable, then look no further than Hostel Elf. The common eras are an explosion of colours and artful designs. Here, you can grab a beer, hang out and meet other like-minded travellers. A big bonus for this hostel that a lot of travellers love about is the showers! Yep, you don’t have to worry about strong water pressure or not having enough hot water her, as those casual luxuries are taken care of. The staff here is also super friendly and knows Prague like its the back of their hand - so any questions you have of the city, ask away. 

Check out more photos and book your stay here at Hostel Elf

The leafy planted pots around the common space at the Prague Dream Hostel.
A view of the kitchen and double bunker bed at the Prague Dream Hostel.
Prague Dream Hostel

7. Prague Dream Hostel

  • Only 450 m from Historical Building of the National Museum of Prague and 1.1 km from Prague Astronomical Clock
  • 24-hour front desk
  • All units at the hostel are equipped with a seating area

Leafy-like an indoor garden, Prague Dream Hostel is an abode that attracts travellers who like a calm and relaxing environment to unwind between their travels. The spotless kitchen has everything you need for cooking up a meal, but if you want to go out and eat then the staff has a list of personable recommendations all around town. The beds will provide you utmost comfort and privacy - each bed includes its own curtains and lockers, so you don’t have to worry about neighbours. If you stay here, you don’t even have to take the city’s public transportation anywhere, you can just walk from the hostel to Prague’s old town where major landmarks are all within reach. 

Check out more photos and book your stay here at Prague Dream Hostel!

A huge parrot design with a tree inside the Hostel Downtown.
The bedroom with 4 beds and a desk at the Hostel Downtown.
Hostel Downtown

8. Hostel Downtown

  • Only 450 m from Historical Building of the National Museum of Prague and 1.1 km from Prague Astronomical Clock
  • 24-hour front desk
  • All units at the hostel are equipped with a seating area

Right outside of Hostel Downtown doorsteps is the beating heart of Prague. Yep, that means you’re within walking distance to the Old Town Square, all of the stunning landmarks of Czech Republic’s capital, without having to worry about the distance or the walk. This is a hostel that is jammed pack with things to do! Every day the staff host an event, like cooking or night tours that guests can partake in. There are free tours of the city, beer pong, Sunday free dinner or pub crawls on rotation. So if you’re looking for an action-packed adventure during your time in Prague, as well as to make new friends, this is the perfect place to stay for less than 20 euros a night. 

Check out more photos and book your stay here at Hostel Downtown!

The single beds in a dorm room at the Sir Toby’s Hostel 
The kitchen in an exposed brick cellar at the Sir Toby’s Hostel.
Sir Toby’s Hostel 

9. Sir Toby’s Hostel 

  • Located only 100 m from the Delnicka tram station
  • A 10-minute tram ride to Prague’s city centre 
  • All rooms are individually furnished with Czech antiquities and provide a work desk

One of the biggest superstar features of Sir Toby’s Hostel is its authentic open brick cellar that housed its bar. The bar has affordable beer on tap, and guests often hang out there throughout the day. Each bed is guaranteed free lockers, so you can tuck your luggage away safely during your stay. If you want to switch it up from hanging out by the bar, there are other common spaces throughout the hostel too. What we also love about this place is the weekly barbecue event that’s hosted in its own gardens. It makes it a fun way to meet other travellers, having an easy icebreaker over yummy grilled food! 

Check out more photos and book your stay here at Sir Toby’s Hostel!

The rooftop view at the Hostel Little Quarter.
The front check-in desk at the Hostel Little Quarter.

10. Hostel Little Quarter

  • A private bathroom is included in each dormitory and room
  • Luggage storage is available for free
  • Guests can rent bicycles at the 24-hour front desk

At the Hostel Little Quarter, make sure you make your way up to the rooftop terrace to soak up the wonderful sun, as well as the incredible views of Prague from up top. The hostel is located only 200 metres away from Prague Castle, which is an iconic must-see in the capital city, so it’s great not having to travel across the city for it. Another great part of the hostel is that you can get in and out easily with a key card - not actual jangly keys here to worry about! And just to be sure, there’s always someone working at the front desk, helping you whenever you need it. 

Check out more photos and book your stay here at Hostel Little Quarter!

Two people lookng out of Charles Bridge Hostel & Apartments' window.
The attic bedroom inside the Charles Bridge Hostel & Apartments.
Charles Bridge Hostel & Apartments

11. Charles Bridge Hostel & Apartments

  • Bed sheets, linen, towels and toiletries are provided free of charge
  • Fridge, satellite TV with free movies to watch and DVD are also available
  • Сoffee for guests is provided for free all day long and unlimited

While some hostels prefer to maximise their space - stuffing bunk beds side by side and travellers feel more like a number than a guest, at Charles Bridge Hostel & Apartments the hospitality makes sure to stay small, intimate, and cosy. Here, you won’t feel overwhelmed by too many people so the small boutique guesthouse is quite personable. Adding to this, no matter what time of the day it is, the super friendly staff are ready to help out and point you to the best of what Prague has to offer. Travellers love this accommodation’s location because it lives up to its name, being right at the foot of the iconic Charles Bridge. 

Check out more photos and book your stay here at Charles Bridge Hostel & Apartments!

Bunkbeds inside the Ahoy! Hostel.
The common room table where a person works on his laptop at the Ahoy! Hostel.
Ahoy! Hostel

12. Ahoy! Hostel

  • Bed sheets, linen, towels and toiletries are provided free of charge
  • Fridge, satellite TV with free movies to watch and DVD are also available
  • the Vltava River can be seen 500 m away

It’s all about location when you’re travelling, and Ahoy! Hostel is in the heart of the action, being right in the Old town of Prague, as well as the bustling Wenceslas Square. Taking advantage of the location, guests usually hang out after dinner in the common room with a few beers before heading out to bar hop around town. If you want to make friends easily, this is the place for it! This hostel is great for whether you’re only in Prague for a weekend or for a longer stay, as the ambience is really welcoming for any type of traveller. 

Check out more photos and book your stay here at Ahoy! Hostel!

Single beds in a row at the Hostel One Míru.
The living room hanging out area with bean bag chairs and a tv at the Hostel One Míru.

13. Hostel One Míru

  • Dorms come with hardwood floors and a shared or private bathroom with a shower
  • Náměstí Míru Metro Station is 60 m nearby 
  • 24-hour front desk 

This is a cosy family-run hostel that is only less than a 10-minute walk to Prague’s old town. Hostel One Míru is close to great local restaurants and cafes, but if you want to cook your own meals, the kitchen will remind you of one that you have at home - fitted with an oven, microwave, giant fridge and everything you need. The common room is like a college dorm’s hang-out area, fitted with comfy cushions, a TV, and different shelves with books that you can read. 

Check out more photos and book your stay here at Hostel One Míru!

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