Top 5 Cheap Hotels in NYC Near Times Square

Let’s be honest — staying near Times Square usually comes with one big downside: the price. But if you know where to look, there are cheap hotels in New York near Times Square that won’t completely blow your travel budget. Whether you’re in NYC for Broadway shows, sightseeing, or just soaking up the energy of Midtown, staying close to the action can actually save you money on transportation and time.

If you’re searching for the best budget hotels in NYC near Times Square, these five options offer solid value, great locations, and everything you need for a comfortable city stay.

1. Pod Times Square

If you don’t mind smaller rooms and love a modern vibe, Pod Times Square is a fantastic pick. It’s one of the most popular cheap hotels in New York near Times Square, especially with younger travelers and solo visitors. Rooms are compact but cleverly designed, and the hotel has a fun, social atmosphere with a bar and communal spaces. The location is unbeatable — just steps from Times Square and close to major subway lines — making it easy to explore the city without hassle.

2. Holiday Inn New York City – Times Square

For travelers who prefer a familiar name and a bit more comfort, this Holiday Inn is one of the best budget hotels in NYC near Times Square. Rooms are slightly larger than most budget options in Midtown, and you’ll get reliable amenities like comfortable beds and workspaces. Its central location near Penn Station and Times Square makes it a convenient base for sightseeing, shopping, and catching shows.

3. OYO Times Square

If location is your top priority and you’re okay with keeping things simple, OYO Times Square is worth considering. It’s one of the more affordable hotels in the area, with basic rooms that are best suited for travelers who plan to spend most of their time out exploring. Being within walking distance of Broadway theaters and Times Square attractions makes it one of the most practical cheap hotels in New York near Times Square.

4. The Manhattan at Times Square

This hotel is a classic Midtown option for travelers who want to stay central without paying premium prices. While the décor is a bit dated and amenities are minimal, the location is excellent. If you’re looking for one of the best budget hotels in NYC near Times Square and don’t need anything fancy, this is a solid, no-nonsense choice for short stays.

5. The Gallivant Times Square

The Gallivant Times Square is another good budget-friendly option just a short walk from the heart of Times Square. Rooms are small but functional, and the hotel is surrounded by restaurants, theaters, and subway stations. It’s especially convenient for travelers who want to be close to everything and plan to use their hotel mostly as a place to rest after long days in the city.

Final Thoughts

Finding cheap hotels in New York near Times Square isn’t impossible — it just takes knowing where to look. These best budget hotels in NYC near Times Square prove that you can stay right in Midtown, close to all the action, without paying luxury prices. Book early, stay flexible with your dates, and you can enjoy NYC’s most iconic neighborhood without overspending.

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