Last Updated on January 2, 2021 by Flight & Hotel Guru

As experienced travelers know, location usually plays one of the most important roles in hotel room pricing. Times Square not only is New York’s most popular tourist spot, but it is also one of the most expensive areas of the city when it comes to hotels. This is why finding an affordable hotel near the Times Square can become quite a task. Nonetheless, cheap hotels near Times Square exist. It simply takes a bit more research to find them. But don’t worry, we’ve already done all the research for you! So, if you are looking to stay in New York near Times Square, here are the top 5 affordable hotels to stay at.

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1. CitizenM New York Times Square

Our top favorite among the cheap NYC hotels near Times Square is the CitizenM New York Times Square. Location of this hotel is absolutely brilliant. The hotel is just 1 minute walk from Times Square, a 5 minute walk from Central Park, Fifth Avenue and Madison Avenue, a 15 minute walk from the Rockefeller Center and the Empire State Building. At the CitizenM New York Times Square every room features wall to wall windows. High-speed WiFi is provided free of charge. However, the true reason why you should stay at the CitizenM New York Times Square is their exclusive rooftop bar. Highlighted in hundreds of reviews by the past hotel guests, the rooftop bar of the CitizenM New York Times Square offers sweeping views of the city.

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2. Yotel New York Times Square

The Yotel New York Times Square is known for its simple, yet very comfortable accommodations. This affordable NYC hotel features everything you need for a good night sleep. However, we must admit, that the Yotel is not like your usual hotel. At the Yotel New York Times Square, instead of checking in at the reception, you will check-in at one of the self-service kiosks, which, by the way, speeds up the check-in process by a lot. All rooms at the hotel were designed to maximize the available space. The Yotel New York Times Square features rooms with both full size or bunk beds and free WiFi access. So, it is a great affordable choice not only for single travelers, but also for families with kids.

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3. Radio City Apartments

Feel just like at home by staying at the Radio City Apartments New York. The Radio City Apartments is the condo style hotel that features studios and suites equipped with kitchenettes. This affordable NYC hotel has everything you need for a comfortable stay incl. free Wi-Fi and daily gym passes to a nearby fitness center. At the Radio City Apartments you have several accommodation types to choose from. Studios are a perfect choice for a solo traveler or couples, while one or two bedroom suites are a great choice for families with kids. However, most importantly, the Radio City Apartments are located right nearby the Times Square!

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4. Candlewood Suites NYC – Times Square

Another great choice for the affordable hotel in NYC near Times Square is the Candlewood Suites NYC – Times Square. The hotel has its own on-site 24-hour convenience store. Furthermore, each suite on the property features a fully equipped kitchen and a dining area, which is definitely a plus for those that don’t want to spend at restaurants. The front desk at the property is open 24 hours a day. However, why many tourists choose to stay exactly at the Candlewood Suites NYC – Times Square is the hotel’s location. Not only is it just a 5 minute-walk from Times Square, but it also takes the same 5 minutes to walk from the hotel to Broadway and the Theater District.

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5. Econo Lodge Times Square

Last, but not least in the list of the best cheap hotels in New York near Times Square comes the Econo Lodge Times Square. This budget hotel features an excellent location on the corner of 47th Street and 8th Avenue, so the Times Square is just steps from the property. Furthermore, double rooms priced at below $150/night make Econo Lodge one of the best-selling budget hotels near New York’s Times Square. Rooms at the hotel are simply furnished, but feature everything you would need for a comfortable stay. In every room you also get free Wi-Fi and a flat-screen satellite TV with HBO. Moreover, in the hotel lobby guests can enjoy free tea, coffee and hot chocolate. Continental breakfast is provided every morning.

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We hope this blog post has helped you find a perfect hotel for your stay in New York City!

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