9 Best Hostels In Budapest For Budget Travelers

Situated along the Danube River, Budapest has plenty of splendid boulevard-style streets, staggering architecture, and interesting history. If you travel on a budget, here is a list of my favorite hostels in Budapest that offer excellent services while being budget-friendly.

NETIZEN Budapest Centre

Are you looking for a comfortable stay in the heart of Budapest for an affordable rate? NETIZEN Budapest Centre got you covered!

It’s a cool hostel that offers different types of accommodation, from spacious dormitories to air-conditioned private rooms that suit everyone’s needs.

NETIZEN is also designed with a traditional, classicist Budapest building style blended with modern and vibrant interior design.

It also has a bar, shared lounge, breakfast room, excellent café, co-working, and entertainment zone to socialize in one dynamic space.

A combination of delicious breakfasts, high-speed free WiFi, electronic locks, security, soundproofing, and fire systems makes NETIZEN stand out.

Plus, there is a metro station and a bus stop (for multiple bus lines) right outside the hostel. How convenient it is!

Address: 1074 Budapest, Rákóczi út 54., Hungary.

Maverick Urban Lodge

The unique design and cool decoration, from tailor-made furniture to lamp installations, of Maverick Urban Lodge are supported by Hungarian designers and street artists.

This boutique hostel has cozy common areas, a rooftop terrace, and well-equipped bedrooms.

There are dual outlets, drape curtains, and reading lights in dorm beds to create comfort and privacy, while the private rooms include a unique design and atmosphere, as do en-suite bathrooms.

Maverick Urban Lodge also holds fun social events with many Freebees for travelers to socialize. As a bonus, a restaurant is provided onsite to serve your needs.

Also, this hostel is close to the world-renowned Great Market Hall and pubs and just 5 minutes on foot to get to major transportation hubs.

Address: 1093 Budapest, Lónyay u. 31., Hungary.

Flow Spaces

Want to ease the heat on a scorching summer day? You may love to enjoy the air-conditioned comfort of the Flow Spaces hostel with a lively ambiance and a bright, minimalist design.

In addition to en-suite dormitories, Flow Spaces offer well-equipped private rooms with comfortable beds, personal lockers, and much more.

You can enjoy a meal or read a book in the communal areas, surrounded by charming plant baskets. The only disadvantage is that no elevators are available.

Flow Spaces also organizes social activities like tours to Széchenyi Thermal Bath and bike rentals.

After all, if you’re looking for somewhere to rest for a couple of days while in Budapest, Flow Spaces is ideal.

Address: 1093 Budapest, Gönczy Pál utca 2, Hungary.

Hostel One Budapest

Hostel One Budapest is a perfect spot with enormous beds, a fully-equipped kitchen, appealing common areas for different moods, and high-speed Internet access in all rooms.

This hostel offers a family-style dinner. It is also famous for crazy drinking games and a pub crawl for young solo travelers who love making friends and hitting the bars during the night.

Address: 1075 Budapest, Rumbach Sebestyén utca 6., Hungary.

Island Hostel Budapest

If you prefer an active holiday, Island Hostel is for you!

From the outside, this hostel has a unique location overlooking the Danube River, where you can enjoy outdoor nature and views.

The design is classy, and the interior is colorful and well-decorated, with more green to match its surroundings.

Island Hostel offers well-lit rooms, self-catering and laundry facilities, a fully equipped kitchen, drinks at a low price, a breakfast option, nighttime pub crawls activities, and much more!

Plus, the hostel has a policy that after 10 pm, anyone has to keep silent, providing others a restful sleep. 

Address: 1138 Budapest, Margitsziget, Sirály csónakház, Hungary.

The Hive Party Hostel Budapest

The Hive Party Hostel is housed in an impressive historical building in Budapest. In the cool-looking yard is a square bar with wooden tables, chairs, and a stage for live gigs.

There are beautiful trees offering greenery shade to the outdoor terrace. The hostel also offers modern and air-conditioned rooms and dormitories, all-important free and fast WiFi, and prepared meals in a food kiosk or restaurant.

Address: 1075 Budapest, Dob utca 19., Hungary.

Wombat’s City Hostel Budapest

This hostel is a former four-star hotel turned into an original and modern designed hostel right in the heart of the buzzy Budapest downtown.

In addition to stylish private rooms and dorms, Wombats’s City Hostel offers a complimentary welcome drink, personal lockers, city guidebooks, a complimentary buffet-style breakfast, and an onsite bar for all guests.

Especially recreational facilities like saunas and various massages are designed for escape and relaxation.

Address: 1061 Budapest, Kiraly u. 20., Hungary.

Pal’s Hostel and Apartments

Pal’s Hostel and Apartments is an excellent pick for backpackers who want to stay close to the city attractions. It offers a beautiful view of the nearby Szent Istvan’s Basilica.

With the intersection of all three metro lines, getting somewhere else in the city shouldn’t be a problem.

Inside, you will notice stairwells decorated with swirling street art murals in dim lights, inspiring art decor on the walls, and a ton of natural light and bold-colored furnishings in the public areas.

Also, you can have shared rooms or roomy apartments with shared kitchens with a microwave and a refrigerator at Pal’s Hostel and Apartments.

That said, the only drawback is that there is no air conditioning. Also, it’s not a party hostel, though. The reception desk organizes various activities, including bars, goulash tasting on Thursdays, and movie night on Sundays.

Address: 1051 Budapest, Szent István tér 3., Hungary.

Zen Hostel

Zen Hostel is a peaceful place by the most iconic market in the center of Budapest.

Apart from spacious and comfortable rooms, this hostel has a garden and terrace where you can wind down after a long day of sightseeing with a good book or a meaningful conversation with fellow travelers.

Some fun board games, tea, coffee, and fast WiFi are available all day. There is no breakfast offered here, so cook with others or for yourself instead. 

Address: 1093 Budapest, Vámház körút 5., Hungary.

FAQs about Budapest hostels.