8 Affordable Hotels in Myeongdong, Seoul

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Considered one of the most beautiful and lively streets in Seoul, Myeongdong is where all the fun and excitement happen. It is a must-visit district for tourists, where upscale boutiques, department stores, shopping malls, cafes, restaurants, markets, and street food stalls line up.

Since Myeongdong is a tourism hub, there are also plenty of accommodation options available in the area, catering to those traveling on a budget.

Here’s our recommended list of the Affordable Hotels in Myeongdong, Seoul:

Number 8: Calistar Hotel

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One of the most affordable hotels in Myeongdong, Calister Hotel is ideal for travelers looking for an accessible and convenient place to stay.

Located in the center of Myeondong, this hotel is close to Myeondong Cathedral, Lotte Department Store, Namdaemun Market, Global Village Folk Museum, and Jogyesa Temple.

Although it is in the vibrant neighborhood of Myeondong, Calister Hotel offers a quiet retreat in the city center.

It is a 2-star hotel with smoke-free facilities and 50 guestrooms, perfect for budget travelers, backpackers, or those in need of a place to stay for the night.

Calister Hotel offers compact-sized rooms equipped with single or double beds, a flat-screen TV, and a private bathroom with free toiletries—and some rooms even have a city view.

Additionally, the hotel offers dormitory-style accommodation for female-only travelers, featuring bunk beds, shared toilets, and free toiletries. Calister Hotel also has luggage storage and laundry services and serves a continental breakfast.

Number 7: Hotel 8 Hours

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Hotel 8 Hours is a great accommodation perfect for budget travelers and backpackers, thanks to its good facilities and prime location.

This 3-star hotel is a few steps away from the Myeondong shopping district, restaurants, and cafes and is just an hour from Incheon and Gimpo Airports. It is also close to the business center, City Hall—and intersects with Deoksugung, Jeongdong-gil, and Sungnyemun streets, making it a great accommodation for those who are on leisure or business trips.

The hotel has 27 comfy and minimalist rooms, complete with functional amenities, such as top-quality bedding, a flat-screen TV, mini refrigerator, and a private bathroom with complimentary toiletries.

If traveling with family, friends, or groups, the hotel also offers 2 family rooms with ample space to store your luggage. Hotel 8 Hours also boasts a cafe or business center zone, giving guests access to computers, printers, travel brochures, and books, as well as a coffee bean machine, teas, and other refreshments.

Number 6: Hyundai Residence Seoul

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Another affordable hotel in Myeongdong, Hyundai Residence Seoul, is recommended for both business and leisure travelers, given its proximity to the financial district. It is strategically located in the heart of Seoul and a few minutes from the Dongdaemun Stadium subway station.

Despite being surrounded by the city’s hustle and bustle, this serene oasis offers quiet apartment-style accommodations with modern amenities, kitchenettes, and washing machines.

Hyundai Residence Seoul is a 3-star hotel that offers family-friendly amenities to ensure guests’ convenience and comfort.

The hotel has 165 well-appointed, spacious rooms featuring a welcoming and clean design with extensive views of Seoul’s skyline.

Each room comes with air conditioning, premium bedding, a flat-screen TV, working area, kitchen, refrigerator, and a private bathroom with shower, free toiletries, and hair dryers.

The Hyundai Residence Seoul even has an on-site restaurant, gift shop, laundry facilities, luggage storage, and an outdoor garden to ensure guests will have a relaxing stay.

Number 5: K-Grand Hotel Myeongdong

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Set in one of Seoul’s bustling shopping districts, the K-Grand Hotel Myeondong is a great accommodation choice for travelers who need an accessible place to sleep after a tiring day.

This 2-star hotel is a stone’s throw away from Myeondong Street and Myeondong Station—and less than a mile away from Namdaemun Market. K-Grand Hotel offers 28 compact-sized rooms recommended for backpackers, budget travelers, or those on a leisure or business trip.

These small yet functional rooms are equipped with air conditioning, comfy beds, a flat-screen TV, mini refrigerator, and a private bathroom with shower, hairdryer, and free toiletries.

Guests can also enjoy their meal at the hotel’s breakfast nook and get a shared kitchen access with microwave, water dispenser, and coffee and tea-making facilities. While it only has a few facilities, the K-Grand Hotel boasts a lovely roof deck terrace where guests can simply lounge and watch the sunset and Seoul’s bustling cityscape.

Number 4: Lumia Hotel Myeongdong

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Boasting an industrial-like facade, Lumia Hotel Myeondong is a 3-star hotel that offers modern comfort at an affordable price.

This 3-star hotel is within walking distance to City Hall, Seoul Station, Myeondong market, and street food stalls are available in the area. It is also near Namsam Mountain Park and the UNESCO World Heritage Site, Changdeokgung Palace Complex.

Lumia Hotel is a great choice for both leisure and business travelers due to its prime location and wide range of amenities.

It has a total of 41 rooms with climate-controlled air conditioning and heater. These rooms have quality bedding, flat-screen TV, mini refrigerator, electric kettle, and a private bathroom with shower, hairdryer, and complimentary toiletries.

In addition, there are plenty of amenities to ensure guests’ convenience and keep them entertained. Lumia Hotel has an on-site restaurant, bar lounge, coffee shop, laundry facilities, luggage storage, business center, conference space, garden, and rooftop terrace.

Number 3: Rainbow Hotel Myeongdong

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Tucked in the heart of Myeongdong district is another affordable accommodation for backpackers or those traveling with a budget. The Rainbow Hotel Myeondong is near the Lotte Department Store, Myeongdong Cathedral, Namsan Park, and the Chungmuro underground station.

Aside from its prime location, this 2-star hotel offers 29 well-appointed rooms adorned with modern amenities and bay or city views. These rooms come with twin-size or double beds and Frette Italian sheets, ideal for couples or those traveling in groups.

Each room also has a flat-screen TV, mini refrigerator, microwave, free stocked minibar, and a private bathroom with shower and free toiletries. Meanwhile, the hotel’s dormitory-style rooms with bunk beds only have shared bathrooms with free toiletries, making it cheaper than the other guestrooms.

The Rainbow Hotel also has an array of amenities, including an on-site restaurant, bar lounge, coffee shop, luggage storage, laundry facilities, and free grocery shopping service.

Number 2: StayB Hotel Myeongdong

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A striking structure with an imposing facade, the StayB Hotel is suited for guests who fancy modern minimalist design.

This 4-star facility is close to the Chungmuro Subway Station, Myeongdong Cathedral, Gyeongbokgung Palace, and other tourist attractions. It is known for its modern amenities and prime location, attracting both leisure and business travelers.

StayB Hotel offers 100 well-appointed rooms, boasting a homey yet minimalist interior with warm tones that add vibrancy to the space. 

These rooms have climate-controlled air conditioning and heating, premium bedding, a work table, a separate sitting area, flat-screen TV, bay windows, and some even have a furnished balcony offering city and mountain views.

Guests will have an in-room refrigerator, an electric kettle—and an en-suite bathroom with a shower, deep soaking tub, and free toiletries. StayB Hotel also has an on-site restaurant, lounge, coffee shop, 24-hour business center, and a rooftop terrace with bar.

Number 1: Migliore Hotel Seoul Myeongdong

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For our number 1 pick, Migliore Hotel Seoul Myeondong stands out from the rest with its prime location, excellent facilities, and outstanding service. From the outside, this 4-star hotel instantly screams extravagance.

But you don’t have to break the bank to stay at this fancy hotel, as they offer reasonably priced accommodations. Nestled in the heart of Myeondong, the hotel is near Myeongdong Subway Station, Myeondong Cathedral, Namdaemun Market, and vibrant markets.

Migliore Hotel is an 18-story building with 480 beautifully decorated guest rooms, carpeted floors, and a lavish yet welcoming interior. Each room comes with plush bedding, separate sitting area, a flat-screen TV, coffee and tea-making facilities, a mini refrigerator, and an en-suite bathroom with complimentary toiletries.

With its promise to fulfill guest satisfaction, Migliore Hotel provides a wide range of amenities, including an on-site buffet restaurant, laundry facilities, luggage storage, a convenience store, a banquet for events or business, and meeting rooms.