The Best Budget Hotels and Hostels in Edinburgh for Great Value Accommodation

Heading off for a vacation to far-flung lands doesn’t need to be the preserve of the wealthy. Not all of us need to bathe in the lap of luxury when we go travelling, especially when you’re planning to spend most of your time out exploring anyway. That’s why we’ve gathered together some budget Edinburgh hotels and hostels to uncover the best value accommodation in the Scottish capital.

Most of these options are centrally located for easy exploration of Edinburgh’s premier attractions and a short stagger home from the nightlife. There are some excellent hostels offering rock bottom prices for beds and they are ideal for young travelers. Budget Backpackers is centrally located, very good value for money, and has a friendly and lively atmosphere, as well as a great café and chill out room.

For people who prefer a basic hotel and a slightly higher level of privacy and comfort we’ve highlighted some budget Edinburgh hotels that are worth considering. Tune’s Haymarket hotel is inexpensive, but surprisingly comfortable and stylish. Guest Houses can also offer comfort at very reasonable prices. The Balmoral Guest House is charming and occupies a great location close to the city centre.

So if you’ve blown your vacation stash on getting here, don’t worry. You should be able to find somewhere to stay that won’t break the bank. Whether it’s the home comforts and hearty grub of a B&B or the familiar surroundings of a budget chain hotel, you’ll be able to rest that weary head without worrying about the bill in the morning.


Premier Inn have a number of three star hotels around the city of Edinburgh, but the Leith Waterfront Hotel is one of the best value for money with rooms from as little as £29 per night. Located at the edge of the docklands it may be a little off the beaten track. However, it is close to Ocean Terminal (home of the Royal Yacht Britannia) which is well served by local buses and it is only a short bus journey or drive to the city center. Rooms are comfortable and well maintained and the hotel has a Brewer's Fayre restaurant on site.

Recommended for Budget Hotels because: The Leith Waterfront Hotel is comfortable and very good value.

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The Northumberland Hotel is a welcoming and inexpensive twenty-two bedroom hotel located on the south side of Edinburgh close to Cameron toll Shopping Centre. The hotel is ideally located for business travellers, golf breaks, families and sightseeing. The area is very well served by public transport and it only takes around 10 minutes to reach the city centre by bus. Rooms are spacious and comfortable, and some benefit from a lovely roof terrace. Breakfast (continental or full Scottish) is served in their delightful conservatory. The hotel has free wireless broadband and business users can get acres to photocopy and fax facilities. The Northumberland Hotel also has a free, secure guest car park.

Recommended for Budget Hotels because: The Northumberland Hotel offers comfort and value for money and is only a short trip from the city centre

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The Hotel Ibis in Edinburgh Business Park is one of the chain's budget offering. Listed as a two star hotel, it is still a very comfortable place to spend the night, and extremely reasonably priced. The rooms are small, and economically furnished, but do have Flat-screen TV with Freeview and multimedia connections and the hotel benefits from free WiFi throughout. Breakfast is an unlimited continental style buffet with more than enough variety to keep most travellers happy. The hotel is located at the edge of the city, close to Edinburgh Airport and the Gyle Shopping Centre, but with both trams and buses leaving from the Gyle every few minutes it will not take you long to get into town.

Recommended for Budget Hotels because: This Ibis Hotel is and excellent choice if you want to watch your pennies, but is still comfortable and convenient.

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Easy Hotel Edinburgh offers extremely cheap city center accommodation. Located on Princes Street, you could hardly get more convenient for exploring the city. Of course there is a down side. The rooms are, to say the least, compact. You may feel as though you are sleeping in a shoe box, and there is almost no floor space, but the beds are comfortable and the price tag is very low. There is Wi-Fi, but you need to pay for internet access. You also need to pay extra to use the flat screen TV. There is no restaurant or bar, but there are vending machines and loads of great places to eat and drink nearby. They do offer a 24 hour shuttle to Edinburgh Airport. There is no lift, so guests with mobility issues should look elsewhere.

Recommended for Budget Hotels because: Easy Hotel is in a great location for exploring the city center.

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Budget Backpackers is arguably the best hostel in Edinburgh. It is in an incredibly central location at the foot of Candlemaker Row on the edge of the Grassmarket. Guests can choose from twin rooms or stay in mixed dorms or female only dorms. They have a great café, access to self-catering kitchens and a cool chill-out room with a plasma TV, loads of comfy sofas and incredible views of the Grassmarket and Edinburgh Castle. All of this can be yours for as little as £8 per night for a bed in a dorm, or £16 a night for a twin room. A great favorite with students and young travelers, this hostel is always bustling and has a reputation for being very friendly.

Recommended for Budget Hotels because: Great atmosphere, comfy accommodation and knock down prices make Budget Backpackers the best budget hostel in Edinburgh.

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Smart City Hostel is a five-star hostel offering basic accommodation at very reasonable prices. The location is excellent, in the heart of the Old Town, just off the Royal Mile. There are rooms of various sizes to cater for one person up to groups of twelve. They are all en-suite and prices start at rock bottom levels. Family rooms have a TV, there are lockers for guests to safeguard possessions, and there is a licensed bar and restaurant on the premises. Guests also have access to free Wi-Fi throughout the building. For visitors keen on exploring the old town, from Edinburgh Castle to Holyrood Palace, this location is tough to beat.

Recommended for Budget Hotels because: A great location and low prices make the five star Smart City Hostel very tempting.

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Located in Haymarket in the west of the city, Piries Hotel is a reasonably priced option offering comfortable bedrooms with en-suite facilities, a 24 hour reception, Wi-Fi, and a lounge bar. The hotel consists of three Victorian town houses which have been combined. You can book single, double, twin, or triple rooms, and the three star accommodations include satellite TV, tea and coffee making facilities, and hair dryers. There are various special offers available and if you book in advance then you should be able to get a bargain. You'll find the city center is within walking distance and there are plenty of bars and restaurants nearby.

Recommended for Budget Hotels because: Piries Hotel occupies a great central location and is very good value for money.

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This Victorian guesthouse dates back to 1856 and it is a friendly bed and breakfast which offers great value for money. It is located on busy Pilrig Street in Leith and it's within walking distance of the city center. The area is also very well-served by public transport so getting around is easy. The rooms are all comfortable with en suite bathrooms and free Wi-Fi. There's an eclectic mixture of period furniture and a grand dining room for group breakfasts in the mornings. Leith has lots of great restaurants and pubs to offer so it's a great place to stay.

Recommended for Budget Hotels because: The Balmoral Guest House is friendly, inexpensive and centrally located.

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It may not look much from the outside but the Edinburgh Central Hostel is one of the best value accommodation options in the city. It is also really well-situated near the top of Leith Walk, which makes it easy to get anywhere in the city by public transport. It is ideal for groups because most of the 298 beds are in large dorm rooms. You can also book premium twin and double rooms with TVs and tea and coffee making facilities. All rooms are en suite and there is a self-catering kitchen and dining area, as well as a lounge and a licensed bistro. Furnishings and decor are basic, but this is five-star Scottish Youth Hostels Association accommodation and prices are very good value for money.

Recommended for Budget Hotels because: The Edinburgh Central Hostel is a five star hostel – very comfortable but very reasonably priced.

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Tune is a global operation with numerous hotels around the world, but the Haymarket Hotel is the only one located in Scotland. It is ideally situated close to Haymarket Station near the end of Princes Street making it very convenient for sightseeing and Festival going. The interior is sleek, modern and very well maintained. It exemplifies the philosophy of providing uncluttered, space-efficient rooms with good quality beds, power showers and few unnecessary extras. There is no hotel bar or restaurant - but no shortage of either in the surrounding area. This simple, but effective approach allows them to offer genuinely low prices.

Recommended for Budget Hotels because: Stylish modern rooms and very good value for money make Tune's Haymarket Hotel a great choice if you are on a tight budget.

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Meet Simon Hill

Simon has lived in various corners of Edinburgh over the last 18 years. He fell in love with the city as a small child after visiting the castle and returned to study Scottish History.

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