Budget Hotels, Lagos Faro District

A crowded beach with clear turquoise water, rocky cliffs, and a distant mountain range.

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Our top choices for Lagos cheap hotels

A hallway with a wall displaying various travel posters and a sign indicating cold drinks are available.

A reception area with a refrigerator stocked with beverages, a wooden counter with a poster advertising a Seafaris Tornado tour, and a wall with a large poster featuring a coastal landscape.

A balcony with a view of a residential street, white tiled walls, and a door with a broom leaning against it.

A hotel room with two beds, each with a pillow featuring a London landmark. A framed cityscape picture hangs above the beds.

1. Lagos City Center Guest House & Hostel

Centro Histórico

Jan

P2,056

P2,179 total

includes taxes & fees

Nov 1 - Nov 2

A covered outdoor area with a tiled floor, metal railings, and a view of buildings with red-tiled roofs.

A dining area with wooden chairs and tables, a plate with food and drinks, and a colorful painting on the wall.

A building with a yellow and white facade, blue-framed windows, and a yellow ATM sign.

A hotel room with two beds, a window with curtains, a small table with a chair, and a view of the outside.

2. HI Lagos - Pousada de Juventude - Hostel

Centro Histórico

Olga

P2,769

P2,935 total

includes taxes & fees

Nov 1 - Nov 2

A natural rock formation with a circular opening and a beach in the foreground.

A bedroom with a bed, a bench, and a view of a beach and buildings through a glass door.

A room with bunk beds, a sliding glass door leading to a balcony with a view of the beach.

A modern interior with a glass partition, a small seating area with two chairs, and a sign indicating 'Top City Hostel & Suites'.

3. Top City Hostel & Suites

Centro Histórico

Natalie

P6,963

P7,380 total

includes taxes & fees

Oct 30 - Oct 31

A coastal landscape with cliffs, clear blue sea, and a sandy beach.

A marina with multiple boats docked, a wooden dock, and a cityscape in the background.

4. B11-Condominio do Mar by Dreamalgarve

Marina de Lagos

Skarphéðinn

P4,973

P5,272 total

includes taxes & fees

Oct 13 - Oct 14

A swimming pool with lounge chairs and a white building with a tiled roof.

A modern living room with a grey sofa, a flat-screen TV, a fireplace, and a balcony with a table and chairs.

A balcony with a view of the cityscape, a table, and a chair.

5. Lagos Appartement Resort

Falfeira

Nils

P7,117

P7,544 total

includes taxes & fees

Nov 1 - Nov 2

6. A10 Windmill 1 Bed with Pool by Dreamalgarve

Cerro das Mos

"We arrived in the early evening and dropped off our luggage. We wanted to take a swim and cool off in the pool, but after one look, we decided not to. We returned around midnight and left the following morning, so fortunately we spent less than 10 hours in the apartment. The building is nice and located in a quiet area. There is free parking right outside, and it is within walking distance of the restaurants and shops in the old town. The bathroom had nice, large towels. Unfortunately, there...

Marie

P4,111

P4,358 total

includes taxes & fees

Oct 19 - Oct 20

A hotel room with a bed, a desk, a chair, a bookshelf, and a balcony with curtains.

A modern kitchen with a central island, a dining area with a sofa and chairs, and a living room with a large window and curtains.

A modern kitchen with a granite countertop, stainless steel sink, and a built-in dishwasher.

A modern kitchen with a granite countertop, a dining area with chairs, a stove, and a sink.

7. B47 - Walkway Beachview Place

Marina de Lagos

"Terrible stay. Was supposed to have 2 bedrooms- one if them Was locked. My friend and I were forced to sleep in the same single bed that was available. The management kept on saying they will resolve the issue but never called me back. Seems like a business of many apartments and listings, they don’t really keep track of what’s going on. The listing location in Hotels.com is wrong- it was way out of the center. "

Assif

P4,732

P7,479 total

includes taxes & fees

Oct 19 - Oct 20

A coastal landscape with a sandy beach, clear blue sea, and a prominent cliff formation.

A swimming pool surrounded by lush greenery and trees.

An outdoor patio with tables and chairs under large umbrellas, overlooking a hilly landscape.

A buffet area with self-service stations, refrigerated display cases, and a beverage dispenser.

8. HI Portimão – Pousada de Juventude - Hostel

Portimão

Marilyn

P2,803

P3,252 total

includes taxes & fees

Oct 18 - Oct 19

View all properties

Top Lagos Hotel Reviews

Belmar Spa & Beach Resort

10/10 Excellent

"Beautiful property. Extremely clean. Great service."

Carvi Beach Hotel

10/10 Excellent

"Comfortable bed, large room, good breakfast, and great location above a beautiful beach."

Lagosmar Hotel

10/10 Excellent

"I wasn’t sure what to expect but a bit of a gem right in the middle of town. Its not the Ritz but clean, comfortable, everything worked and, despite quite old, well maintained. Breakfast was well worth €10. For a 2- nighter for hiking, it was absolutely fine."

Marina Club Suite Hotel

8/10 Good

"Room is clean"

NH Lagos Algarve Resort

10/10 Excellent

"Excelente"

Meia Praia Lagos - Beach Club Apartments

8/10 Good

"The location was lovely with a beachfront and the staff were very friendly and accommodating super clean too. The hotel is a little outdated and does need renovations, the beds weren’t comfortable and there aren’t many amenities in the rooms. We also spotted some ants in the room. Haven’t tried the breakfast so won’t be commenting on it."

Frequently asked questions

What is Lagos like for travelers on a budget?

Lagos has cheap accommodation options and a variety of places to visit, making it a budget-friendly vacation choice. You can find ways to save money while getting to know this destination, which is home to attractions like Lagos Municipal Market, Meia Beach, and Marina de Lagos.

What's the best budget-friendly accommodation in Lagos?

Based on our traveler reviews, Top City Hostel & Suites is a top choice for a less expensive stay. Other options to stay on the cheap include HI Lagos - Pousada de Juventude - Hostel and Lagos City Center Guest House & Hostel.

How many inexpensive hotels can I expect to find in Lagos?

Expedia has 8 hotels in Lagos that are ideal if you are watching your pennies.

When is the best time for a budget trip to Lagos?

Weather will likely play an important role when you plan your trip to Lagos, and keep in mind that cheaper options are usually available when the weather isn't as good. The hottest months are usually August and July with an average temp of 70°F, while the coldest months are February and January with an average of 57°F. Average annual precipitation for Lagos is 18 inches.

What is there to see and do in Lagos?

Lagos is known for its cafes and offers things to see and do without spending a fortune. You can budget for the local attractions that interest you most, and then plan some activities that are easy on the wallet. Explore and snap photos of landmarks like Ponta da Piedade Lagos Lighthouse, or hunt for bargains with some shopping at Lagos Municipal Market and Aqua Portimão Shopping Center.

How can I get to Lagos and get around on a budget?

Checking out these ways to get around Lagos is a smart way to keep your trip affordable. The nearest airport is 5.9 mi (9.5 km) away from the center in Portimao (PRM). If that doesn't suit your budget, you can book a flight to Faro Intl. Airport (FAO), located 39.3 mi (63.2 km) away. To venture out into the surrounding area, hop aboard a train at Lagos Station. You can learn about water transportation options at the local marina.

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Check availability on Lagos Budget Hotels

Our top choices for Lagos cheap hotels

1. Lagos City Center Guest House & Hostel