As I live in Lisbon, I do not usually stay at hotels in my city 🙂 but I have already been asked thousands of times for recommendations of hotels or places to stay.
So here are some centric, nice and cheap options to sleep in Lisbon.

What are the best areas to find a hotel?

  The best neighborhoods are certainly Chiado, Baixa and Bairro Alto, as these are the ones that allow you to be at walking distance to almost all interesting sites.

  Two areas that often come up in almost any hotel booking site but I advise to avoid: Martim Moniz (although it is central, and has greatly improved in recent years, is still not a very safe area at night) and Praça de Espanha – Sete Rios (the hotels are fine, but you can not walk from there to nowhere).

Suggestions of Hotels and Hostels

Here’s my list of suggestions, starting with the most economic options and ending with the most expensive.

Hostels
So, let’s start with Hostels because there are many and very good ones in Lisbon centre. But do not panic, you won’t have to be sharing a room with a crowd of backpackers or drunken students. Many of these hostels are very well equipped, most of them are very new, and they have double rooms. Lisbon always wins many awards at the “Hoscars”, which reward each year the best hostels in the world 😉
Travellers House – Baixa
Rua Augusta, 89, 1
T: +351 210115922
This is one of the hostels that won several awards as one of the best in the world. Rua Augusta is one of the main pedestrian streets in Lisbon old town area, which connects Rossio to the Praça do Comércio. With the advantage of being at the epicenter of Lisbon, a few minutes walk from the main areas to visit.
They have very nice double rooms, which actually have little to do with a typical backpackers hostel. And they also have some flats that can be a good choice for families.
Prices from:
18 € / night (1 person in multiple room)
60 € / night (double room with private bathroom)
www.booking.com/hotel/pt/travelelrs-house.en-gb.html
Lisbon Destination Hostel – Baixa
Largo Duque de Cadaval, 17 (Rossio Train Station – 2nd Floor)
This hostel was also awarded in the Hoscars, and is located inside the train station of Rossio, which is an old and very nice building in the centre. Equally well placed to get to know the city, and with some new and very well equipped double rooms.
Prices from:
12 € / night (1 person in multiple room)
€ 65 / night (double room with private bathroom)
www.booking.com/hotel/pt/lisbon-destination-hostel.en-gb.html

Goodnight Hostel – Baixa
Rua dos Correeiros, 113, 2nd
T: +351 215989153
Here you have a 3rd hostel recommendation, also in the area of Baixa, meaning also well located to walk around Lisbon. And it also has double rooms that are very good.
Prices from:
17 € / night (1 person in multiple room)
50 € / night (double room with private bathroom)
www.booking.com/hotel/pt/goodnight-hostel.en-gb.html

Hotels 2 **
We now continue the list of recommendations with a few 2 star hotels. These are cheap hotels, with simple decoration, without any particular charm, but practical and very well located.

Hotel Ibis Lisboa Liberdade **
Rua Barata Salgueiro, 53
T: +351 213300630
Prices from:
€ 65 / night (double)
www.booking.com/hotel/pt/ibis-llisboa-liberdade.en-gb.html
Hotel Borges – Chiado **
Rua Garrett 108
T: +351 210456400
Prices from:
€ 79 / night (double)
www.booking.com/hotel/pt/borges.en-gb.html

Hotels 4 ****
We now move on to the selection of 4 star hotels. Here we are already talking about prices normally go over 100€/night. But they are modern hotels with very good service, decoration and always very well located.

Hotel Vincci Baixa ****
Rua do Comércio, 32-38
T: +351 218803190
Prices from:
€ 98 / night (double)
www.booking.com/hotel/pt/vincci-baixa.en-gb.html

Internacional Design Hotel – Baixa ****
Rua da Betesga, 3
T: +351 213240990
Prices from:
€ 139 / night (double)
www.booking.com/hotel/pt/hotelinternacional.en-gb.html
Hotel do Chiado ****
Rua Nova Do Almada, 114
T: +351 213 256 100
Prices from:
€ 159 / night (double)
www.booking.com/hotel/pt/lisboarregencychiado.en-gb.html

Hotels 5 *****
And we end the list with the best of Lisbon … but also the most expensive! 😉 A 5-star hotel, located in one of the best areas – Chiado, with fantastic views over the city and with excellent service and decoration.
Bairro Alto Hotel Praça Luis De Camões *****
T: +351 213408288
Prices from:
€ 205 / night (double)
www.booking.com/hotel/pt/bairro-alto.en-gb.html

ALTERNATIVE: Rent a flat in Lisbon

Another option, which is great if you want to discover the city as an authentic local, is to rent a private flat.
I’ve discovered a few years ago the AirBnb website and the truth is that I have become a fan! We’ve rented our home in Lisbon through this website, and used it already more than 10 times to rent houses in other cities for our vacations or escapes.
Basically it is a website that allows anyone to put your house on rent, and search homes around the world to rent.
If you seek Lisbon, you will see that there are plenty of options in the coolest neighborhoods that I’ve mentioned before, and there are flats that look great with prices starting at 40-50 € (cheaper than a hotel / hostel), but also are super cool design houses for 100€, 200€ or more per night … let’s say you have options for all tastes and pockets!
In this link you can search for different houses:
www.airbnb.com
(In the map you will see several recommendations of flats/rooms)