10 Most AFFORDABLE Hotels Near Times Square NYC

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New York City is well known for its excellent lights, Broadway musicals, famous sites, and, unfortunately, expensive hotel costs. But what if you could live close to Manhattan’s center without breaking the bank? The good news is that, especially during off-peak seasons and with early reservations, tourists on a tight budget may still find cozy, highly regarded hotels close to Times Square. 

Here’s our recommended list of the top 10 most affordable hotels Near Times Square NYC.

Number 10. Element Times Square West

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For tourists who value simplicity and cost, Element Times Square West is a hidden treasure. The kitchenettes on the all-suite hotel allow visitors to cook for themselves and save money on food while visiting. The roomy accommodations, free breakfast, and prime Midtown location are frequently praised by visitors.

Walking distances to Times Square, Broadway, and Penn Station make it simple to experience Manhattan without substantially depending on ridesharing or cabs. Both leisure and business travelers will enjoy the cozy ambiance created by the eco-friendly design and modern conveniences.

The additional space and self-catering choices are especially appreciated by guests who stay for multiple nights.
Element Times Square West provides outstanding value in a good location for tourists on a tight budget.

Number 9. Holiday Inn Express Manhattan Times Square South by IHG

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This hotel is a smart option for those looking for a dependable stay close to Times Square without going over budget. The free breakfast, friendly staff, and convenient location close to Bryant Park, Madison Square Garden, and Penn Station are often mentioned by visitors.

Although the rooms are small, as is typical in Manhattan, they are often complimented for being comfortable and clean. Major metro connections, Fifth Avenue shopping, and Broadway plays are all easily accessible from the property’s Midtown location.

The hotel is a good deal choice for travelers who prefer convenience and location over opulent amenities. For many tourists visiting New York, the complimentary breakfast alone can result in significant cost savings.

Number 8. Staypineapple, An Artful Hotel, Midtown New York

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Staypineapple blends New York hospitality with a whimsical spirit. This boutique hotel is different from conventional chain hotels with its vibrant décor, distinctive design elements, and lively environment. Many of Manhattan’s most well-known sights are easily accessible to visitors due to the property’s proximity to Times Square.

The elegant, cozy, and well-thought-out rooms make for an unforgettable visit. Travelers often compliment the hotel’s unique character and kind treatment.

Because of its location, visiting Midtown’s attractions, Hudson Yards, and Broadway is simple and relaxing. Staypineapple offers a welcome alternative for guests seeking a reasonably priced hotel with more charm and individuality. It makes a memorable impression on visitors by fusing value, comfort, and creativity.

Number 7. Hotel St. James

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Hotel St. James is one of the few hotels that can say it’s as near to Times Square. This hidden treasure is perfect for those who wish to fully experience New York’s constant energy because it is only a short distance from the action.

Budget-conscious travelers have come to love the hotel because of its warm ambiance and helpful staff.
Rooms provide traditional accommodation with all the necessities for a comfortable stay. Despite being close to one of the busiest entertainment districts in the world, visitors value the peaceful environment. Major metro lines, eateries, and Broadway theaters are all easily accessible on foot.

Hotel St. James offers outstanding value for tourists that value location above everything else. It shows that a premium budget isn’t necessarily necessary to remain in the center of Manhattan.

Number 6. YOTEL New York Times Square

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YOTEL uses airline-style efficiency to deal with the budget-space issue. The design feels purposefully modern rather than merely modest, the cabins are small, and the storage is innovative. The hotel is located in the Hell’s Kitchen/Times Square South neighborhood, offering you access to a vibrant dining scene away from the busiest tourist areas while being close enough to walk to Broadway and Midtown attractions.

YOTEL is frequently preferred by tourists who value modern design over older hotels with bigger but outdated accommodations. There is a clear trade-off: you are not making reservations based on square footage. You are making a reservation based on the location, cleanliness, and efficient use of available space. 

Number 5. Arlo Midtown

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This list’s “watch the deals” entry is Arlo Midtown. Promotional, advance-purchase, and off-peak dates can push it into sub-$200 territory, making it one of the most compelling splurges when you find a deal. Standard rates can surpass the budget goal.

With chic communal areas and a refined rooftop environment, the facility feels more modern and forward-thinking than many conventional Times Square hotels. The location near Times Square, Penn Station, and Hudson Yards offers great transit flexibility, and the rooms are small but well designed.

Without necessarily going into luxury hotel territory, Arlo can provide a substantially more premium experience than many budget competitors if you are flexible with your vacation dates and willing to keep an eye on rates. It’s the “upgrade if the sale appears” option for value hunters.

Number 4. Hotel Shocard at Times Square

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In one of the busiest areas of New York City, Hotel Shocard offers a boutique-style atmosphere. The hotel, which is only a short stroll from Times Square’s brilliant lights, provides a cozier option than bigger commercial establishments.

Visitors frequently praise its great location, clean hotel rooms, and friendly staff. The hotel has a unique identity that many guests like because of its chic décor, which draws inspiration from antique theater culture. Broadway performances, Bryant Park, Rockefeller Center, and several eateries are all conveniently accessible by foot for tourists.

Affordability is one of the key benefits; rates are frequently far lower than those of local rivals while yet maintaining high guest satisfaction ratings. 

Number 3. Pod Times Square

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Pod Times Square is a great option if you want to spend less time in your hotel room and more time exploring New York.

This contemporary hotel offers small but intelligently built rooms that make the most of every square inch, embracing the minimalist travel trend. Comfortable bedrooms, modern bathrooms, and clever storage options make brief visits surprisingly practical for visitors.

Broadway theaters, restaurants, and subway stations are all conveniently close to the hotel, which is only a short stroll from Times Square. After a day of sightseeing, visitors can socialize in the modern lobby and rooftop gathering areas.

The hotel feels chic and contemporary despite its low price. Pod Times Square offers one of Manhattan’s most affordable experiences for guests looking for value, convenience, and a central location.

Number 2. The Belvedere Hotel

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Because it feels more tranquil than many Times Square hotels and is nevertheless easily accessible by foot from the theater district, the Belvedere has long been a favorite among returning visitors to New York.

Depending on the type of accommodation, some have useful features like microwaves or mini-fridges, and they are frequently larger than competing budget-midrange options. The building has a distinct individuality from more recent chain properties because to its classic prewar charm. Broadway, Times Square, Hell’s Kitchen eateries, and several subway lines are all easily accessible on foot.

For families and couples who want a little more flexibility without going into a much higher price range, the value proposition is very compelling. It frequently shows up in the sub-$200 conversation at slower times, so pay close attention to total rates.

Number 1. OYO Times Square

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OYO Times Square thrives in geography. This hotel commonly shows up in value searches if your goal is to remain as near to the action as possible without paying premium luxury rates. Anticipate small spaces, simple furnishings, and a focus on location rather than luxury.

The main benefit is that you can stroll in a matter of minutes to major metro connections, Times Square, Broadway theaters, and Radio City. The concept is often appealing to tourists who just seek a clean place to sleep and spend their days exploring.

The hotel’s goal is to place you in Midtown for less money, not to be a resort. Because of this, it is especially appealing to solo travelers, theater enthusiasts, and short-term guests looking for the “I’m in Times Square” experience without the upscale markup.