Lisbon is a breathtaking city known for its culture, food, history, and amazing views. As the capital of Portugal, it’s one of the most vibrant cities in Europe for traveling. A destination known for holidays filled with nightlife, activities, and endless tourist attractions.
Lisbon appeals to diverse age groups, perfect for cultural trips, buzzing nightlife, family holidays, and beach vacations. And even due to its popularity and slightly higher price point, it hosts some of the cheapest hostels in Lisbon.
We’ve created a comprehensive guide on the best cheap hostels in Lisbon to help you travel on a budget. Traveling in Lisbon is a breeze when you have extra money, so we’ve put together five of the cheapest hostels in Lisbon to make traveling stress-free.
Quick Answer: The Best Cheap Hostels in Lisbon
- Best Cheap Hostel in Lisbon – City Guesthouse Alfama
- Best Hostel With a Private Room in Lisbon – Be Lisbon Hostel Intendente
- Best Party Hostel in Lisbon – Terrace Lisbon Hostel
- Overall Best Hostel in Lisbon – Safestay Lisbon Bairro Alto
- Best Hostel for Solo Travelers in Lisbon – Saint Jordi Hostels Lisbon
Do You Want to Travel FOREVER??
Pop your email in below to get a FREE copy of ‘How to Travel the World on $10 a Day!’.
Best Cheap Hostels in Lisbon
City Guesthouse Alfama – Best Cheap Hostel in Lisbon
Staying at City Guesthouse Alfama is a perfect choice if you prefer a relaxed vibe and fewer interactions. With its chill, but social atmosphere, this is the perfect location to calm down and take a break from the hustle and bustle of busy city life.
City Guesthouse Alfama is located in one of the oldest neighborhoods of Lisbon, directly in the center of Portugal’s Capital City. This location is perfect if you enjoy stunning architecture and have a taste for traditional Portuguese cuisine. Nearby, grab a friend and sign up for a surf class or partake in a free sangria evening that is organized regularly.
Until the evening hours, you’ll have the luxury of using their fully-equipped kitchen, relaxing in the lounge to meet other travelers, showing off your competitive side by playing board games or getting lost in a thrilling novel. Outside its low-key social setting, private rooms and dorms have the basics and offer individual plugs and reading lights.
Why you’ll love this hostel:
This top-budget hostel in Lisbon is situated in the heart of the historical center, it’s just two minutes away from the cathedral and only five minutes away from Sao Jorge Castle. Located nearby, you’ll get to check out Tram No. 28 ride and walking tour. You’ll drive up famous hills, take in stunning panoramic views, and stroll through the Alfama district.
In addition, you can end your evening with a sunset cruise with a live DJ and drinks. On this cruise, you’ll set sail on the waters of Lisbon, enjoy a beautiful sunset from the river, and sip on delicious drinks.
Rooms offered at this budget-friendly hostel in Lisbon are:
- Private rooms
- Superior double bed with private shared bathroom
- Female dorms
- Standard four-bed female dorm
Prices start from around $20 per person per night.
Any Extras?
As one of the cheapest hostels in Lisbon, it does have nearby restaurants and is near the metro. There are also several added extras:
- Lounge areas
- Fully-equipped kitchen
- Board games
- Tea and coffee-making facilities
Overall, as one of the best cheap hostels in Lisbon, it’s great for travelers who would rather keep it low-key than mingle with a busy social atmosphere. While there may not be many rooming options, it is close to many restaurants offering Portuguese cuisine and historical tourist attractions.
I personally loved staying in LX Factory Lisbon as a female traveler too. But as one of the cheapest hostels in Lisbon priced at $20 per night for a female dorm, City Guesthouse Alfama would appeal more to budget travelers.
Be Lisbon Hostel Intendente – Best Hostel With a Private Room in Lisbon
The Be Lisbon Hostel Intendente is located right in the center of Lisbon. As one of the top budget hostels in Lisbon, it’s highly rated and has an on-site bar if you want to toss back a cold one. Located just four miles from the airport, you’ll be within a ten-minute drive of Lisbon Oceanarium. Not only will you enjoy unwinding at the bar with a drink, but you’ll also get to enjoy a daily continental breakfast.
If you love to explore the outdoors, fellow travelers love how this hostel is within walking distance of public transportation. In just a two-minute walk, you’ll find yourself at Intendente Station, just fourteen minutes away from Rosario Square.
As one of the best cheap hostels in Lisbon, their dorm rooms have bunk beds, privacy curtains, and storage areas. If you’re worried about a view, we have you covered! These dorm rooms have balconies that overlook the street so you’ll never have to miss a beat! In addition, if you’re feeling hungry, you can use their kitchen to prepare a light meal.
Why you’ll love this hostel:
This cheap hostel in Lisbon has over one hundred restaurants nearby, every food lover’s dream! One of the most amazing Portuguese restaurants located nearby is Sacco Restaurante. Located near the center of Lisbon, Sacco restaurante is the perfect dining area if you’re searching for a pleasant and cozy space to indulge in the most delicious Portuguese cuisine that will have your mouth watering!
In addition, after you’ve grabbed a bite to eat, you can stroll around Municipal Square where you’ll get to view impressive architecture and a gorgeous riverfront.
Rooms offered at this budget-friendly hostel in Lisbon are:
- Private rooms
- Standard double bed with private en-suite
- Dorm rooms
- Standard ten-bed male dorm
Prices start from around $30 per person per night.
Any Extras?
It’s certainly one of the best cheap hostels in Lisbon, however, the maximum stay at this hostel is 14 days. There are also several added extras:
- Free internet access
- Self-catering facilities
- Bar
- Café
- 24-hour reception
Overall, as one of the best cheap hostels in Lisbon, Be Lisbon Hostel Intendente offers a wide selection of dorms with bunk beds that are great for travelers traveling in groups. For large groups, these family rooms have a double bed, bunk bed, and shared bathrooms. If you’re someone who values privacy, consider booking a superior double room that comes equipped with a private bathroom.
Terrace Lisbon Hostel – Best Party Hostel in Lisbon
Terrace Lisbon Hostel is situated just a two-minute walk away from Jerónimos Monastery and Pasteis de Belém. As a top-budget hostel in Lisbon, it’s a ten-minute walk from the Train Station, making nearby attractions and restaurants easily accessible. Nearby, you’ll find some of the most charging landmarks such as Belém Tower and Centro Cultural de Belém.
This hostel is the perfect spot if you’re a social butterfly and love the nightlife! If you’re a party animal, you won’t miss a beat at the city’s most-electric pub crawl. The Lisbon pub crawl is best rated by college students who go from bar to bar drinking and playing drinking games.
As one of the best cheap hostels in Lisbon, they have several rooms and dormitories, which include fourteen bedrooms, six bathrooms, and two kitchens. If you’re a young traveler who enjoys international experiences, you’ll want to put the Terrace Lisbon Hostel at the top.
Why you’ll love this hostel:
As one of the best cheap hostels in Lisbon, you’ll have the luxury of being within walking distance of some top-rated restaurants with mouth-watering Portuguese cuisine. Start your morning with a pastry and coffee at Lisbon’s charming café, Pastéis de Belém. Pastéis de Belém has some of the best pastels de nata served warm with powdered sugar and cinnamon.
In addition, you can spend the afternoon at Planetário de Marinha, one of Lisbon’s most popular observatories. If you’re a traveler who loves astronomy, you won’t want to pass up this attraction!
Rooms offered at this budget-friendly hostel in Lisbon are:
- Private dorms
- Basic twin room with private shared bathroom
- Dorm rooms
- Basic eight-bed mixed dorm
- Basic six-bed mixed dorm
Prices start from around $32 per person per night.
Any Extras?
As one of the cheapest hotels in Lisbon, you can access shared bathroom facilities, a living room, a meal room, and a beautiful outdoor terrace. As a top hostel for young travelers, you’ll love to know that this hostel has no curfew. There are also several added extras:
- Free city tour
- Bicycle parking
- Book exchange
- Outdoor terrace
- Washing machine
- Free-Wi-Fi
Overall, the Terrace Lisbon Hostel is the best cheap hostel in Lisbon that is perfect for hosting party go-ers. Situated in a great location in Belem, it’s close to the main street, is extremely clean, and is a great place to hang out. With its extremely low prices and several Lisbon attractions close by, including the Oceanário de Lisboa, Torre de Belém, and Calouste Gulbenkian Museum, it’s a top option!
Safestay Lisbon Bairro Alto – Overall Best Hostel in Lisbon
Safestay Lisbon Bairro Alto is one of the cheapest hostels in Lisbon where you’ll be able to enjoy a relaxed staff with friendly and enthusiastic staff. The staff at this hostel are the most helpful in Lisbon, sharing their knowledge of the best attractions, restaurants, and entertainment spots. If you need to unwind after a long day of sightseeing, you’ll love that you can kick back and relax on their outdoor terrace.
Even though this hostel is located in central Lisbon, it’s in a quiet location so you won’t need to worry about any disruption during the night from partygoers. This hostel is hard to miss when you first arrive, as you’ll be taken aback by its bright pink building that catches the eye of tourists and locals.
As one of the best and cheapest hostels in Lisbon, it’s the perfect mix between social and not having too much of a party scene. The atmosphere is inviting, well-designed, and the dorm rooms are well-sized and clean. Safestay Lisbon Bairro Alto is an exceptional hostel to meet fellow travelers!
Why you’ll love this hostel:
As one of the top budget-friendly hostels in Lisbon, Safestay Lisbon Bairro Alto is in the best possible location, right in the heart of Lisbon. Nearby, you’ll find an endless amount of restaurants and attractions within walking distance. One of the most popular attractions travelers at this hostel visit is the Oceanário de Lisboa. If you’re fascinated by marine life, you’ll be interested to find out that this aquarium has over fifteen thousand marine creatures and over four hundred species.
In addition, you won’t want to miss out on one of the best Portuguese breakfast spots, Ternura Boemia. At this café, make sure you order the triple-stacked pancakes topped with strawberries, blueberries, Nutella, and coconut shavings. It’s simply delicious!
Rooms offered at this hostel in Lisbon are:
- Private rooms
- Twin room with private shared bathroom
- Standard four bed with private shared bathroom
- Mixed dorms
- Six-bed mixed dorm
- Four-bed mixed dorm
- Right-bed female dorm
- Twelve-bed mixed dorm
- Ten-bed mixed dorm
- Fourteen-bed mixed dorm
- Six-bed female dorm
Prices start from around $34 per person per night.
Any Extras?
As one of the cheapest hostels in Lisbon, you’ll have the option of selecting from over one hundred beds that range from double beds to fourteen bedrooms. Some dorm rooms are outward-facing and lead straight out to the outdoor balcony. As the overall best hostel in Lisbon, it has several extras available that include:
- Key card access
- Bicycle parking
- Book exchange
- Reading lights
- Security lockers
- 24-hour reception
- On-site bar
- On-site café
- Meals available
Overall, Safestay Lisbon Bairro Alto is one of our top favorites on this list. Their hostel is a modern, gorgeous palace from the 18th century, with breathtaking views of Lisbon. If you’re looking for a hostel with great dinners and enjoy happy hours with a great atmosphere, this is the hostel you’ll want to book, and fast!
Saint Jordi Hostels Lisbon – Best Hostel for Solo Travelers in Lisbon
If you’re a modern traveler searching for a place to stay in Lisbon, you’ll want to head to Saint Jordi Hostels. If you want to combine work and adventure, this hostel is elegant, modern, and very close to the center of Lisbon. Built in the 20th century, its building holds a majestic essence that provides modern comfort.
As you stroll outside, you’ll find the beauty of a large garden, outdoor terraces, and an inviting on-site bar. Saint Jordi Hostels has a warm and inviting atmosphere and is the ideal location to put your feet up and relax as a solo traveler.
Why you’ll love this hostel:
Saint Jordi Hostels is located in a gorgeous Portuguese neighborhood with great restaurants and even supermarkets within walking distance. One of the best things about this hostel is Tram 28, a tram that makes it super easy to travel to and from your hostel and to visit nearby attractions. Rated as one of the top hostels for sightseeing, you’ll be in awe of the famous viewpoint from Monte Agudo!
At this hostel, you’ll have the option of choosing from private rooms and mixed or female dorms. These bunk beds come with curtains for travelers who value privacy and built-in reading lights so you won’t miss out on a chapter before bed.
Rooms offered at this hostel in Lisbon are:
- Private rooms
- Basic double bed with private shared bathroom
- Standard four bed with private shared bathroom
- Standard five bed with private shared bathroom
- Standard ten bed with private shared bathroom
- Dorm rooms
- Standard ten-bed mixed dorm
- Deluxe ten-bed mixed dorm en-suite
- Standard ten-bed female dorm en-suite
- Standard eight-bed mixed dorm
- Deluxe eight-bed female dorm en-suite
- Standard six-bed mixed dorm
- Standard five-bed mixed dorm
- Standard five-bed female dorm
- Standard four-bed female dorm
- Standard four-bed mixed dorm
Prices start from around $35 per person per night.
Any Extras?
As one of the cheapest hostels in Lisbon for solo travelers, every morning, this hostel offers breakfast from 8:00 AM to 10:00 AM. After a day of sightseeing, you can walk downstairs and visit the Imperial Bar. Imperial Bar has a stylish but retro vibe where you can sip cocktails and mingle with other travelers.
- Key card access
- Security lockers
- 24-hour reception
- On-site bar
- Vending machines
- Café
- PlayStation
- Board games
Overall, if you’re a solo traveler looking for a place to say, add Saint Jordi to your list. As one of the most beautiful hostels in Lisbon with a back garden, you’ll leave your trip anything but amazed!
Cheap Hostels in Lisbon FAQ
Travel Safety Tips for Lisbon
ALWAYS sort out your backpacker insurance before your trip. There’s plenty to choose from in that department, but a good place to start is Safety Wing.
They offer month-to-month payments, no lock-in contracts, and require absolutely no itineraries: that’s the exact kind of insurance long-term travellers and digital nomads need.
SafetyWing is cheap, easy, and admin-free: just sign up lickety-split so you can get back to it!
Click the button below to learn more about SafetyWing’s setup or read our insider review for the full tasty scoop.
Final Thoughts on Cheap Hostels in Lisbon
Compared to other European destinations, visiting Lisbon offers some of the cheapest hostels you’ll find when traveling and it has an endless amount of restaurants and local attractions within walking distance.
Whether you’re a traveler who enjoys going solo or a social butterfly, Lisbon has some of the best hostels to suit anyone’s budget. Settling on a hostel is extremely affordable so you can spend your money on experiences of a lifetime!
My personal recommendation would be to book a stay at Sant Jordi Hostels for the epic garden, majestic interiors, and prime location.
And for transparency’s sake, please know that some of the links in our content are affiliate links. That means that if you book your accommodation, buy your gear, or sort your insurance through our link, we earn a small commission (at no extra cost to you). That said, we only link to the gear we trust and never recommend services we don’t believe are up to scratch. Again, thank you!
