8 BEST Cheap Hotels in Hong Kong near MTR station (with great reviews!)
- Ricky
- Jul 2
- 6 min read
Finding a cheap hotel in Hong Kong that’s both convenient and affordable can be a challenge, but you don't have to stay far out to save money. To help you plan, we have handpicked 8 highly-rated budget hotels close to the MTR right in the heart of the city, with low-season rates starting around just HK$200 to $300 per person. If you're looking for the best value-for-money accommodation for your next trip, here are our top recommendations!
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Top Hong Kong Budget Hotels at a Glance
All Hong Kong budget hotels on this list are within easy walking distance of an MTR, bus or tram station, and some are just one or two stops away from the main shopping and dining area. Take a quick look below to compare them based on your budget:
Hotel | Ref Price | Check Price | Min. Size | 5min to MTR | Location Rating |
📍 HK Island - Best Hub for Old Hong Kong Charm | |||||
ibis Central & Sheung Wan Hotel⇨ Details | HK$550 | 17㎡ | ✗Sheung Wan station | ⭐️⭐️⭐️close to tram stop, walkable to Central | |
HK$550 | 18㎡ | ✓Tin Haustation | ⭐️⭐️⭐️1 stop to Causeway Bay, with many restaurants nearby | ||
📍 Kowloon - Best Hub for Shopping, Dining and Transit | |||||
Tung Nam Lou Art Hotel⇨ Details | HK$580 | 11㎡ | ✓Yau Ma Teistation | ⭐️⭐️⭐️⭐️1min to MTR, walkable to Mong Kok | |
WAKE Concept Hotel⇨ Details | HK$540 | 11㎡ | ✓Yau Ma Teistation | ⭐️⭐️⭐️⭐️2min to MTR, walkable to Mong Kok | |
The Cityview⇨ Details | HK$550 | 13㎡ | ✓Yau Ma Teistation | ⭐️⭐️⭐️⭐️2min to MTR, walkable to Mong Kok | |
Urbanwood Hung Hom⇨ Details | HK$590 | 12㎡ | ✓Ho Man Tinstation | ⭐️⭐️⭐️2 stops to Mong Kok/TST, with many restaurants nearby | |
Hotel YX Lai Chi Kok⇨ Details | HK$550 | 10㎡ | ✗Lai Chi Kok station | ⭐️⭐️4 stops to Mong Kok | |
📍 Other Hotel near MTR | Min. Size | 5min to MTR | Remarks | ||
Hotel COZi Resort⇨ Details | HK$480 | 14㎡ | ✓Tuen Munstation | ⭐️⭐️bus to Disney/airport | |
Our picks of the best HK Deals:
HK Island - Best Hub for Old Hong Kong Charm
1. ibis Central & Sheung Wan Hotel budget harbour views!
If you’re looking for the absolute best value in town, ibis Hong Kong Central & Sheung Wan Hotel is a top choice. It’s about a 7-minute walk from Sheung Wan MTR station. While it’s slightly off the MTR station (about a 7-min walk), tram and bus stops are just 3 minutes away, and the Macau Ferry Terminal is under a 10-minute walk.
The standard rooms (17m²) look out at the city streets. For an extra $180 HKD a night, you can upgrade to a much better harbour view. Connecting rooms are also available.
2. Hotel Purple Hong Kong built in 2019!
Hotel Purple sits in Tin Hau, just one stop from Causeway Bay. The neighbourhood is a food lover's paradise - Tsing Fung Street and Electric Road are packed with great local eateries. It's a quick 5-minute walk from the MTR and trams, with buses right outside heading straight to Wan Chai or Central.
All options here are double rooms, featuring either one large bed or two twin beds. The standard rooms offer a decent amount of space, starting at 18m².
More Hong Kong Guide:
Kowloon - Best Hub for Shopping, Dining and Transit
3. Tung Nam Lou Art Hotel very close to MTR!
Opened in 2018, Tung Nam Lou Art Hotel is one of the most convenient choices. It’s just steps from Yau Ma Tei MTR Station (Exit A1), and the airport bus stops right nearby on Nathan Road. Plus, you can walk to major shopping spots like Langham Place and the Ladies' Market in about 6 minutes, with endless restaurants and street food along the way.
While the rooms are compact, the stylish, minimalist design adds a nice touch of comfort. Combined with its prime location, the value for money is tough to beat.
4. WAKE Concept Hotel very close to MTR!
WAKE Concept Hotel opened in 2023 and is a great budget pick, sitting just a 2-minute walk from Yau Ma Tei MTR Station (Exit C has an elevator). The A21 airport bus stop is also right around the corner. From here, walking to spots like Temple Street and the old Yau Ma Tei Police Station takes less than 10 minutes.
The rooms are on the smaller side, starting at 11 m² with the choice of a double bed or two twins. To maximize space, the beds are built with luggage storage underneath.
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5. The Cityview very close to MTR!
Newly renovated in 2023, The Cityview is another solid budget pick right by Yau Ma Tei MTR station. Along with the MTR, you have the A20 airport bus stopping right outside the front door. It’s also just a 6 to 8-minute walk to the heart of Mong Kok, so getting to the Ladies' Market and Sneaker Street is incredibly easy.
Standard double rooms start at 13 m². The hotel also has triple and quadruple rooms, which is perfect if you’re traveling with a group and want to share a space.
6. Urbanwood Hung Hom renovated in 2024!
Urbanwood Hung Hom was renovated in 2024 and sits just a 5-minute walk from Ho Man Tin MTR Station, putting you only two stops from Tsim Sha Tsui and Mong Kok. The surrounding Hung Hom neighbourhood is also a major foodie hotspot, so you'll find tons of great local eateries right downstairs.
The hotel offers doubles (from 12 m²) and 4-person family rooms (41 m²). If you're traveling with a group, booking the family room is a lot cheaper than splitting into two separate rooms - plus, it comes with a bathtub.
More Hong Kong Guide:
7. Hotel YX Lai Chi Kok
Renovated in 2023, Hotel YX Lai Chi Kok is about a 6-minute walk from Lai Chi Kok MTR Station (Exit B2 has an elevator!). From here, you can take a single train straight to Mong Kok, Tsim Sha Tsui, Sham Shui Po or Hong Kong Island. Buses to Mong Kok and Tsim Sha Tsui also stop just one block over on Castle Peak Road.
The hotel only offers double rooms, which run between 10 and 20 m². All rooms feature TV with built-in YouTube, Netflix, and Disney+ apps so you can log straight into your own accounts.
8. Hotel COZi Resort well-equipped!
Hotel COZi Resort is a budget option with its own gym and pool. It’s just a 3-minute walk from Tuen Mun MTR station, giving you a direct line down to the Tsim Sha Tsui and Jordan area. Buses nearby also head straight to the airport, Disneyland and Hong Kong Island, which is handy if those spots are on your itinerary.
Standard rooms start at 14 m² and come with travel themes like Japan, Thailand and Africa. If you're traveling with a group, the 4-person family room (28 m²) is usually the most budget-friendly choice.
Our picks of the best HK Deals:
