Most reviewed
Hotel · 3.5-star · CBD, Vic
The Victoria Hotel
- 10 min walk to centre
- Parking available
- Pool
- Family rooms
Melbourne · Cheap
Cheap Hotels in Melbourne CBD
We've found 24 budget stays in Melbourne CBD: hotels, motels, hostels and apartment hotels of 3.5 stars or less with a guest rating of at least 7.0. The Victoria Hotel is the most reviewed, with a guest rating of 8.2/10 from more than 11,300 reviews.
24budget stays
0list free parking
8.0average guest rating
Most reviewed
Quick picks: budget stays in Melbourne CBD
Each pick follows a rule you can check in the table.
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Highest rated
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Most reviewed
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Budget pick
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With parking
All budget stays in Melbourne CBD compared
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No stays in our current data match these filters.
The 12 most reviewed budget stays
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Hotel · 3.5-star · CBD, Vic
The Victoria Hotel
- 10 min walk to centre
- Parking available
- Pool
- Family rooms
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Hotel · 3.5-star · CBD, Vic
ibis Melbourne Central
- <5 min walk to centre
- Parking available
- Family rooms
Hotel · 3-star · CBD, Vic
ibis Melbourne Hotel and Apartments
- 15 min walk to centre
- Parking available
- Family rooms
Serviced apartment · CBD, Vic
Melbourne City Suites
- 10 min walk to centre
- Parking available
- Family rooms
What to know about cheap stays in Melbourne CBD
This list covers hotels, motels, hostels and apartment hotels of 3.5 stars or less with a guest rating of at least 7.0. Price bands move with the calendar, so we show live prices from our booking partner instead of fixed amounts. 3 stays are motels or hostels; the rest are hotels and apartment hotels of 3.5 stars or less.
Half the stays are within about 10 minutes' walk of the centre of Melbourne.
On the map
24 stays on the map. The map loads only when you ask for it.
Prefer a list? Every stay on the map is in the table and cards on this page. Map data © OpenStreetMap contributors.
Good for, not for: budget stays in Melbourne CBD
Good for
- Short stays where location matters more than facilities
- Solo travellers and pairs on a budget
- A bed before an early start
Not for
- A long stay with lots of facilities
- Guests who want 5-star service
Frequently asked questions
Which budget stays in Melbourne CBD have the highest guest rating?
Absolute Collins Apartments has a guest rating of 9.1/10 from more than 310 reviews, the highest of the budget stays here with 200 or more reviews (checked October 2026). Space Hotel follows with 8.6/10.
Is there parking at budget stays in Melbourne CBD?
8 stays list parking, but none in this list lists it as free. Ask for the nightly rate when you book.
Are there pet-friendly budget stays in Melbourne CBD?
Yes. 1 stay allows pets, including Bounce Melbourne. Check the conditions with the property before you book.
Which stays are closest to the centre of Melbourne?
YTI Garden Hotel (<5 min walk) and ibis Melbourne Central (<5 min walk) are the closest in this list to the centre of Melbourne. Walking times are estimates; your route may be longer.
Last checked: October 2026. Ratings and review counts come from our booking partners.