A harbor with boats docked, a wooden pier, and mountains in the background.

Budget Hotels in Panajachel, Sololá

  • Change your mind

    Book hotels with free cancellation

  • Treat yourself

    Sign in to save 10% or more on thousands of hotels
    Sign in

  • Be picky

    Search almost a million properties worldwide

Check availability on Panajachel Budget Hotels

Next weekend
Jul 10 - Jul 12
In two weeks
Jul 17 - Jul 19

Our top choices for Panajachel cheap hotels

Exterior

Hotel Hanna Suites

Hotel Hanna Suites
2.0 star property
Panajachel
8.4 out of 10, Very Good, (32 reviews)
"Wonderful place!"
United States
JEREMIAS
The price is P2,282
P2,784 total
includes taxes & fees
Jul 7 - Jul 8
Hotel Hanna Suites
Aerial view

Jenna's River Bed & Breakfast

Jenna's River Bed & Breakfast
3.0 star property
Panajachel
9.4 out of 10, Exceptional, (412 reviews)
"Very beautiful place to stay! Friendly staff, breast and restaurant was delicious."
United States
Kim
The price is P7,464
P9,105 total
includes taxes & fees
Jul 6 - Jul 7
Jenna's River Bed & Breakfast
Down comforters, iron/ironing board, free WiFi, bed sheets

Hospedaje El Viajero

Hospedaje El Viajero
2.5 star property
Panajachel
8.0 out of 10, Very Good, (73 reviews)
"Beautiful place close to lake Atitlan"
Finland
Tero
The price is P1,450
P1,770 total
includes taxes & fees
Jul 16 - Jul 17
Hospedaje El Viajero
Premium bedding, desk, blackout drapes, iron/ironing board

Porta Hotel del Lago

Porta Hotel del Lago
3.5 star property
Panajachel
8.8 out of 10, Excellent, (1,003 reviews)
"Great location and great view of the lake"
United States
Angelica
The price is P7,103
P9,095 total
includes taxes & fees
Aug 3 - Aug 4
Porta Hotel del Lago
Garden

Regis Hotel & Spa

Regis Hotel & Spa
3.5 star property
Panajachel
8.8 out of 10, Excellent, (700 reviews)
"Its a really nice place. Its in the center of panajachel everything is close by. The port is about 10mntes walk to go take the lanchas."
United States
Jerley
The price is P3,719
P4,844 total
includes taxes & fees
Jul 8 - Jul 9
Regis Hotel & Spa
Restaurant

Hotel Panajachel Oasis

Hotel Panajachel Oasis
2.5 star property
Panajachel
7.2 out of 10, Good, (90 reviews)
"Great stay and fast checkin "
United States
ANGEL MARIO
The price is P3,626
P4,424 total
includes taxes & fees
Jul 20 - Jul 21
Hotel Panajachel Oasis
Front of property

Hotel Posada don Miguel

Hotel Posada don Miguel
2.0 star property
Panajachel
8.8 out of 10, Excellent, (172 reviews)
"Located in an alley not difficult to find though. Staff were kind and it was a very convenient location lots of dining, shopping and activity around. The room was exactly as described although the bathroom was a bit small everything else was great"
United States
Alexandria
The price is P2,378
P2,901 total
includes taxes & fees
Jul 6 - Jul 7
Hotel Posada don Miguel
Outdoor pool

Socialtel Atitlan

Socialtel Atitlan
3.0 star property
Panajachel
8.4 out of 10, Very Good, (177 reviews)
"Great breakfast options and welcoming atmosphere"
United States
Romir
The price is P4,419
P5,391 total
includes taxes & fees
Aug 4 - Aug 5
Socialtel Atitlan
Aerial view

Hotel El Sol

Hotel El Sol
2.0 star property
Panajachel
9.0 out of 10, Wonderful, (59 reviews)
"Nice owner, and in a quiet part of town"
Canada
Eric
The price is P1,450
P1,769 total
includes taxes & fees
Jul 6 - Jul 7
Hotel El Sol
Reception

The Madevelyn Hotel

The Madevelyn Hotel
2.0 star property
Panajachel
The price is P2,357
P6,071 total
includes taxes & fees
Jul 6 - Jul 7
The Madevelyn Hotel
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.
View all properties

Top Panajachel Hotel Reviews

Regis Hotel & Spa

Regis Hotel & Spa

10/10 Excellent
"The hotel is excellent, well located, clean, pleasant staff, good price."
Marisa 4-night trip
Posted 7 days ago
Regis Hotel & Spa

Frequently asked questions

What is Panajachel like for travelers on a budget?
Panajachel offers a variety of cheap accommodations and things to do, making it a great choice for a budget-friendly getaway. In addition to its well-known attractions like Lake Atitlán, this destination is home to Piedra del Zope, which you can enjoy while spending very little.
What's the best accommodation for a budget-friendly stay in Panajachel?
Based on our traveler reviews, Socialtel Atitlan is a top choice for a less expensive stay. Other options to stay on the cheap include Hospedaje El Viajero and Royal Palace Hostal.
How many budget hotels are there in Panajachel?
Expedia has 7 hotels in Panajachel that are ideal if you are watching your pennies.
When is the best time for a budget trip to Panajachel?
Weather is probably a major factor when you plan your trip to Panajachel, 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 61°F, while the coldest months are January and December with an average of 60°F. The rainiest months in Panajachel are June, September, May, and August, with each month seeing an average of 19 inches of rainfall.
What is there to see and do in Panajachel?
Panajachel attracts visitors with its lakeside setting and beautiful gardens, and offers plenty to see and do without spending a fortune. You can budget for the top local attractions that interest you most, such as Lake Atitlán, and then look for sights and activities that cost little or nothing at all. Enjoy the outdoors at Piedra del Zope and Cerro Tzankujil, or hunt for bargains with some shopping at Panajachel Municipal Market.
How can I get to Panajachel and get around on a budget?
Scoping out the transportation options in Panajachel is a smart way to keep your trip affordable. The most convenient airport is 25.1 mi (40.4 km) from the center in Quetzaltenango (AAZ-Los Altos). However, if that doesn't suit your budget, you can look into flights to La Aurora Intl. Airport (GUA), which is 42.9 mi (69 km) away. Panajachel may not have many public transit options so a car rental could be a reasonable alternative to explore more of the area.