Budget Hotels in Punta Arenas, Magallanes y Antartica Chilena

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Our top choices for Punta Arenas cheap hotels

Hostel Entre Vientos

Hostel Entre Vientos
2.0 star property
Punta Arenas
8.8 out of 10, Excellent, (105)
"Great place"
United States
Pamela
The price is P3,231
P3,231 total
Jan 10 - Jan 11, 2026
Hostel Entre Vientos

Diego De Almagro Punta Arenas

Diego De Almagro Punta Arenas
3.0 star property
Punta Arenas
8.2 out of 10, Very Good, (405)
"Great location, very walkable, great ocean views, staff very helpful and attentive."
United States
Jonathan
The price is P6,471
P6,471 total
Dec 30 - Dec 31
Diego De Almagro Punta Arenas

Tribal house

Tribal house
2.0 star property
Punta Arenas
10.0 out of 10, Exceptional, (29)
"Its a great place to stay, bexausr Its very close to the airport. Its a lovely clean house with great service provided by the owner. We are really enjoy our stay . "
United States
Oksana
The price is P5,287
P5,287 total
Jan 10 - Jan 11, 2026
Tribal house

Hotel Almasur Express Punta Arenas

Hotel Almasur Express Punta Arenas
4.0 star property
Punta Arenas
8.4 out of 10, Very Good, (704)
"Room is spotless and staff are friendly. "
Canada
Yuan Yuan
The price is P7,574
P8,162 total
Jan 17 - Jan 18, 2026
Hotel Almasur Express Punta Arenas

Hostal Buenavista Patagonia

Hostal Buenavista Patagonia
2.5 star property
Punta Arenas
9.8 out of 10, Exceptional, (62)
"very beautiful view from this Hostal, the staff was there to check me in early and everything was very nice. It's in a convenient location."
United States
Portia
The price is P4,817
P4,817 total
Dec 28 - Dec 29
Hostal Buenavista Patagonia

Hostal Hielo Sur

Hostal Hielo Sur
3.0 star property
Punta Arenas
7.2 out of 10, Good, (38)
"My wife and I enjoyed our time in time lovely hostel😊"
Canada
Kevin
Hostal Hielo Sur

Hostal Ventisqueros

Hostal Ventisqueros
2.5 star property
Punta Arenas
9.2 out of 10, Wonderful, (133)
"Local owned "
Germany
Michael
Hostal Ventisqueros

Hostal Maipu Street

Hostal Maipu Street
2.5 star property
Punta Arenas
8.6 out of 10, Excellent, (35)
"Staff cleaned daily. Super wonderful nice hosts who were very helpful. Overall, great experience. Comfortable beds, quiet neighborhood. Would definitely stay again. "
United States
Emily
Hostal Maipu Street

Hotel Cabo De Hornos

Hotel Cabo De Hornos
3.5 star property
Punta Arenas
9.0 out of 10, Wonderful, (621)
"Excellent hotel. Great location, very nice room, great staff. "
United States
Richard
The price is P12,942
P12,942 total
Jan 4 - Jan 5, 2026
Hotel Cabo De Hornos

Hostal Cordillera

Hostal Cordillera
2.5 star property
Punta Arenas
7.8 out of 10, Good, (78)
"Stayed three nights, good place with reasonable price"
Canada
Hussain
The price is P4,465
P4,465 total
Jan 10 - Jan 11, 2026
Hostal Cordillera
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.

Top Punta Arenas Hotel Reviews

Frequently asked questions

What is Punta Arenas like for travelers on a budget?
Punta Arenas offers a variety of cheap accommodations and things to do, making it a great choice for a budget-friendly getaway. You can find ways to save money while getting to know this destination, which is home to attractions like Cerro la Cruz Viewpoint, Palacio Sara Braun, and Plaza Munoz Gamero.
What's the best accommodation for a budget-friendly stay in Punta Arenas?
Based on our traveler reviews, Hostal Ventisqueros is a top choice for a less expensive stay. Other choices for your budget-friendly stay include Hostel Entre Vientos and Hostal Hielo Sur.
How many budget hotels are there in Punta Arenas?
Expedia has 15 hotels in Punta Arenas that are ideal if you are watching your pennies.
When is the best time for a budget trip to Punta Arenas?
Weather is probably a major factor when you plan your trip to Punta Arenas, and keep in mind that cheaper options are usually available when the weather isn't as good. The hottest months are usually February and January with an average temp of 49°F, while the coldest months are July and August with an average of 39°F. Average annual precipitation for Punta Arenas is 22 inches.
What is there to see and do in Punta Arenas?
Punta Arenas is known for its shopping and offers things to see and do without spending a fortune. You can budget for the local attractions that interest you most, and then make time for activities that cost very little. Check out the area's cultural spots like Centro Cultural Braun Menendez and Museo Naval y Maritimo, or get outdoors at Reserva Nacional Laguna Parrillar.
How can I get to Punta Arenas and get around on a budget?
Scoping out the transportation options in Punta Arenas can help keep you on budget. The most convenient airport is 10.9 mi (17.6 km) away from the center in Punta Arenas (PUQ-Carlos Ibanez Del Campo Intl.). Punta Arenas may not have many public transit options so a rental car could be an economical alternative to explore the area.