Budget Hotels in Colombo 03, Colombo

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Check availability on Colombo 03 Budget Hotels

Tonight
Dec 31 - Jan 1
Tomorrow
Jan 1 - Jan 2
This weekend
Jan 2 - Jan 4
Next weekend
Jan 9 - Jan 11

Our top choices for Colombo 03 cheap hotels

Outdoor pool, open 8:00 AM to 8:00 PM, sun loungers, lifeguards on site
Mandarina Colombo

Mandarina Colombo

Mandarina Colombo
5.0 star property
Colombo
8.8 out of 10, Excellent, (1002)
"It was such a great stay. The staff was polite and helpful. Breakfast buffet was out of this world. Thank you for a great stay even if my stay was cut short."
Canada
Sithy
The price is P3,230
P4,193 total
includes taxes & fees
Jan 19 - Jan 20, 2026
Mandarina Colombo
2 outdoor pools, open 7:30 AM to 8:00 PM, sun loungers
Colombo Court Hotel & Spa

Colombo Court Hotel & Spa

Colombo Court Hotel & Spa
4.0 star property
Colombo
8.8 out of 10, Excellent, (378)
"We enjoyed our stay. Friendly staff, good food, convenient and the service was excellent."
Australia
Mark
The price is P4,059
P5,460 total
includes taxes & fees
Jan 13 - Jan 14, 2026
Colombo Court Hotel & Spa
Meeting facility
Cinnamon Red Colombo

Cinnamon Red Colombo

Cinnamon Red Colombo
3.0 star property
Kollupitiya
9.0 out of 10, Wonderful, (1000)
"Yes, excellent staff and great breakfast. "
United States
Imali
The price is P5,296
P7,115 total
includes taxes & fees
Jan 1 - Jan 2, 2026
Cinnamon Red Colombo
Desk, free WiFi
The Regent Grand Hotel - Galle Face

The Regent Grand Hotel - Galle Face

The Regent Grand Hotel - Galle Face
2.0 star property
Kollupitiya
10.0 out of 10, Exceptional, (2)
"Excellent work "
Canada
Chandrakanthan
The Regent Grand Hotel - Galle Face
2 bars/lounges, lobby lounge
Shangri-La Colombo

Shangri-La Colombo

Shangri-La Colombo
5.0 star property
Kompannaweediya
9.4 out of 10, Exceptional, (527)
"Great room, amenities and lobby were fantastic."
United States
Paul
The price is P8,534
P11,464 total
includes taxes & fees
Jan 20 - Jan 21, 2026
Shangri-La Colombo
Exterior
Clock Inn Colombo

Clock Inn Colombo

Clock Inn Colombo
2.5 star property
Colombo
7.6 out of 10, Good, (114)
"A value-for-money accomodation in the heart of Colombo. Excellent continental breakfast. The staff are very friendly, they even changed money at a rate better than most exchange services!"
United States
BODHISATTWA
The price is P1,796
P2,353 total
includes taxes & fees
Jan 1 - Jan 2, 2026
Clock Inn Colombo
Courtyard
Hilton Colombo

Hilton Colombo

Hilton Colombo
5.0 star property
Fort
8.6 out of 10, Excellent, (522)
"This is a great hotel and for me the location was fantastic. Comfy bed, quiet room, great staff, food was also great. I would definitely stay here again. The hotel does everything really well, but it is also a pretty large property, so it is pretty busy at all times, but I would definitely stay here again."
United States
Klaus
The price is P5,500
P7,389 total
includes taxes & fees
Jan 4 - Jan 5, 2026
Hilton Colombo
Terrace/patio
Palmyrah Residencies

Palmyrah Residencies

Palmyrah Residencies
3.0 star property
Colombo
6.8 out of 10, (19)
"Clean and quiet place. Everything is nearby. Excellent service. "
Mexico
Paola
Palmyrah Residencies
Outdoor pool, open 7 AM to 10 PM, pool umbrellas, sun loungers
Renuka City Hotel

Renuka City Hotel

Renuka City Hotel
3.5 star property
Kollupitiya
8.4 out of 10, Very Good, (488)
"Pleasant stay"
United States
Rexie
The price is P3,177
P4,161 total
includes taxes & fees
Jan 23 - Jan 24, 2026
Renuka City Hotel
Outdoor pool
Morven Hotel Colombo

Morven Hotel Colombo

Morven Hotel Colombo
4.0 star property
Kollupitiya
8.4 out of 10, Very Good, (248)
"Great for an overnight stop Unfortunately the shower had didn’t work Friendly staff and suitable breakfast "
United Kingdom
stephen
The price is P4,706
P6,164 total
includes taxes & fees
Jan 12 - Jan 13, 2026
Morven Hotel Colombo
Lowest nightly price found within the past 24 hours based on a 1 night stay for 2 adults. Prices and availability subject to change. Additional terms may apply.
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Top Colombo 03 Hotel Reviews

Cinnamon Red Colombo

Cinnamon Red Colombo

10/10 Excellent
"Excellent "
Ravinda 2-night trip
Posted 8 days ago
Cinnamon Red Colombo

Frequently asked questions

What is Colombo 03 like for travelers on a budget?
Colombo 03 offers a variety of cheap accommodations and things to do, making it a great vacation choice for budget-conscious travelers. You can find ways to save money while getting to know this destination, which is home to attractions like Marino Mall, Bellagio Casino, and Casino Marina Colombo.
What's the best place to stay on a budget in Colombo 03?
Based on our traveler reviews, Layover Colombo - Hostel is a top choice for a less expensive stay. Other good choices to stay on the cheap include Miracle City Inn Hostel and Backpack Lanka - Central Colombo - Hostel.
When is the best time for a budget trip to Colombo 03?
Weather is probably a major factor when you plan your trip to Colombo 03, and keep in mind that cheaper options are usually available when the weather isn't as good. The hottest months are usually March and April with an average temp of 81°F, while the coldest months are January and February with an average of 80°F. The rainiest months in Colombo 03 are May, October, June, and November, with each month seeing an average of 16 inches of rainfall.
What is there to see and do in Colombo 03?
You won't need to spend big to get to know Colombo 03. You can budget for the local attractions that interest you most, and then fill your itinerary with activities that cost little or nothing at all. Take in the local culture at Guruge Nature Park and Sri Lanka National Museum, or enjoy the area's natural beauty at Galle Face Green.
How can I get to Colombo 03 and get around on a budget?
Checking out these ways to get around Colombo 03 is a smart way to keep your trip affordable. The closest airport is Bandaranaike Intl. Airport (CMB), situated 19 mi (30.6 km) away. Colombo 03 might not have many public transit options to choose from so a car rental could be a reasonable alternative to see the area.