Cheapest month to stay with an average 52% drop in price.
Most expensive month to stay with an average 42% rise in price.
Average Sun - Thu price over the last 2 weeks.
Average Fri & Sat price over the last 2 weeks.
When to book a hostel in Panama City
Price per night / 3-star hostel. Prices are not fixed and may vary with time.
Average nightly price per month
Average nightly price
Top tips for finding Panama City hostel deals
There is a group of hostels in Panama City that stretches from the Sosa Hill neighborhood in the west to San Francisco in the east. This area near the southern coastline is full of places of interest, such as the Museum of Contemporary Art and the Afro-Antillean Museum. There is a metro that runs along Via España and buses that run along Calle 50, which are two of the major roads that traverse the city.
El Machico Hostel on Calle 47 is just outside the city center and is a very affordable option for groups, as they offer multi-bed dormitories, community bathrooms, and a swimming pool. Metropolitan Nature Park, the Museum of Natural Science, and two casinos are within two miles of this property; there is a T.G.I. Friday’s as well as a Hard Rock Café and a couple of supermarkets near this hostel in Panama City.
The accommodations at Hostal Entre 2 Aguas consist mainly of spacious private rooms with en-suite baths, which should be an attractive option for couples. Also, there is an airport shuttle available for a fee, and you can park at the property for free. Andres Bello Park is a short walk from this location, and both the Museum of Natural Science and Metropolitan Nature Park are accessible by bus. In addition, there is a metro station at Via Argentina a couple of blocks away. El Trapiche and El Caribe are two nearby restaurants that serve Caribbean cuisine.
Sophia’s Hostel is a very inexpensive accommodation on Calle 54 in Marbella near the heart of the city, providing lodgings that feature numerous multi-bed dorm rooms with shared bathrooms, which should please the solo traveler on a limited budget. This hostel in Panama City is a short distance from Avenida Balboa, Venito Casino, and Multiplaza Pacific; plus, there are a variety of eateries in the area, such as Mexicantina, La Luncheria, and Peru Chicken.
If you’re looking for a cheap hostel in Panama City, you should consider going during the low season. You’ll generally find lower-priced hostels in Panama City in June and November.
Hostel room prices vary depending on many factors but you’ll likely find the best hostel deals in Panama City if you stay on a Tuesday. The most expensive day for hostel bookings is Saturday.
If you want to ensure you grab a bargain, try to book at least 57 days before your stay to get the best price for a Panama City hostel.
FAQs when booking a hostel in Panama City
Hostel prices in Panama City can vary depending on a number of factors. The average price for a hostel in Panama City is ₪34 but KAYAK users have found hostels for as cheap as ₪10 in the last 3 days.
The average price for a night in a hostel in Panama City is ₪34 compared to ₪116 for a night in a hotel.
Hostels are safe environments for travelers as long as they properly implement sanitary measures in response to coronavirus (COVID-19). However, we recommend getting in touch with the local authorities regarding safety procedures for hostels in Panama City. For more advice, please view our information page on what to know about coronavirus (COVID-19) and travel.
Where to find the best hostels in Panama City?
Our map will help you find the perfect hostel in Panama City by showing you the exact location of each hostel.