Planning a budget trip to Sin City? Discover the top 12 best cheap hotels and hostels in Las Vegas near the Strip, Fremont Street, transit, and cheap eats.Las Vegas is world-renowned for its dazzling neon lights, grand casinos, spectacular entertainment, and high-end luxury resorts. But while the city is famous for big spenders, it is entirely possible to experience the thrill of Sin City on a backpacker's budget. You do not need to spend hundreds of dollars a night just to stay close to the action.The key to keeping your expenses low is knowing exactly where to find high-value hidden gems. From vibrant social hostels to legendary retro casino hotels, Las Vegas offers fantastic affordable lodging choices with outstanding amenities.Here is our ultimate, detailed review of the top 12 best cheap budget hotels and hostels in Las Vegas that deliver the absolute best bang for your buck.1. Sin City HostelAddress: 1208 S Las Vegas Blvd, Las Vegas, NV 89104Approximate Room Price: $35 – $48 USDLocation & Vibe: Situated perfectly between the glitz of the main Las Vegas Strip and the vintage charm of Downtown Fremont Street. It is the longest-running hostel in the city, boasting an incredibly friendly, communal, and authentic backpacker atmosphere.Facilities: Offers a welcoming shared lounge, an outdoor terrace garden, a fully operational guest kitchen, laundry facilities, free Wi-Fi, and organized social events like group barbecues and movie nights.Nearby Amenities: The Deuce bus stop (the 24/7 tourist bus line linking the Strip and Downtown) is just steps away. A 7-Eleven is a quick 3-minute walk away, and you are surrounded by the trendiest budget-friendly cafes and local taco spots in the Arts District.Why it’s the Best Budget Location: It places you directly on Las Vegas Boulevard without the multi-hundred dollar resort fees. You can quickly catch a cheap bus ride north to Fremont Street or south to the massive megacasinos.Check the latest price and information on Agoda: Click here to view on Agoda2. Hostel Cat Las VegasAddress: 1236 S Las Vegas Blvd, Las Vegas, NV 89104Approximate Room Price: $30 – $45 USDLocation & Vibe: A colorful, high-energy social hostel located on the northern extension of the Strip near the Arts District. It focuses heavily on helping solo travelers and digital nomads connect and make friends.Facilities: A fully equipped shared kitchen, a dedicated game room with a pool table, an outdoor courtyard with barbecue facilities, nightly social activities, and secure under-bed luggage storage.Nearby Amenities: It is located directly on the main Deuce bus route. A local 7-Eleven sits just 360 meters away, and you are within walking distance of highly rated, cheap local dining highlights like Esther's Kitchen and AmeriBrunch Cafe.Why it’s the Best Budget Location: It is consistently one of the cheapest single beds you can find anywhere in the city. The lack of resort fees and the access to a full kitchen mean you can slash your food and lodging expenses simultaneously.Check the latest price and information on Agoda: Click here to view on Agoda3. Bposhtels Las VegasAddress: 1401 S Las Vegas Blvd, Las Vegas, NV 89104Approximate Room Price: $35 – $55 USDLocation & Vibe: Tucked inside a beautifully upgraded motel property close to the Las Vegas Convention Center and the Arts District, this premium boutique hostel concept balances cleanliness, modern aesthetics, and a calm, upscale vibe.Facilities: Features a beautiful outdoor swimming pool area with relaxing background music, an on-site bar, secure private parking, premium shared dorm layout styling, and immaculate air-conditioned spaces.Nearby Amenities: A major city bus stop is located right outside. A 7-Eleven and an affordable Smith's grocery supermarket are close by, along with a wide array of excellent, inexpensive local Asian and Mexican restaurants.Why it’s the Best Budget Location: It gives you direct access to a refreshing pool area—a luxury normally reserved for expensive resorts—while maintaining a strict backpacker focus that excludes locals to ensure safety and a true traveler community.Check the latest price and information on Agoda: Click here to view on Agoda4. Circus Circus Hotel, Casino & Theme ParkAddress: 2880 S Las Vegas Blvd, Las Vegas, NV 89109Approximate Room Price: $35 – $65 USDLocation & Vibe: Anchored firmly on the North Strip, this legendary mega-resort is an action-packed, high-energy budget option famous for its massive indoor theme park (The Adventuredome) and free daily circus acts.Facilities: Multiple outdoor swimming pools, a huge in-house casino floor, a massive food court, private en-suite bathrooms, flat-screen TVs, and a dedicated shopping promenade.Nearby Amenities: A dedicated Deuce bus station is right in front of the resort. A Walgreens convenience store is on-site for cheap snacks, and an affordable Tacos El Gordo location sits nearby for world-class cheap street food.Why it’s the Best Budget Location: This is frequently the cheapest full-scale casino resort hotel on the actual Las Vegas Strip. If you want the classic "huge hotel room with an in-house casino" experience without the premium cost, this is your best option.Check the latest price and information on Agoda: Click here to view on Agoda5. The STRAT Hotel, Casino & TowerAddress: 2000 S Las Vegas Blvd, Las Vegas, NV 89104Approximate Room Price: $30 – $60 USDLocation & Vibe: An iconic landmark hotel highlighting the tallest freestanding observation tower in the United States. It bridges the gap between the main Strip and Downtown, projecting a modern, bustling, and high-flying urban lifestyle vibe.Facilities: A breathtaking 107th-floor observation deck, a beautiful resort-style rooftop pool on the 24th floor, an energetic fitness center, multiple award-winning bars, and fully modernized, private en-suite rooms.Nearby Amenities: It features its own direct public transit hub and taxi stand. A 7-Eleven sits directly across the street, and the hotel contains a sprawling 24-hour food hall with incredibly budget-friendly dining options.Why it’s the Best Budget Location: The STRAT offers premium, newly remodeled private hotel rooms at rates that compete directly with hostel dorm beds. Plus, staying here gives you spectacular, elevated views of the entire valley.Check the latest price and information on Agoda: Click here to view on Agoda6. Downtowner Boutique HotelAddress: 129 N 8th St, Las Vegas, NV 89101Approximate Room Price: $40 – $65 USDLocation & Vibe: Located in the revitalized heart of Downtown Las Vegas, this stylishly remodeled mid-century boutique hotel boasts a trendy, artsy retro-chic vibe reminiscent of Old Vegas but tailored for modern budget travelers.Facilities: A unique on-site 6-hole mini-golf course, a sparkling outdoor swimming pool, an active fitness center, free Wi-Fi, and trendy workspace areas.Nearby Amenities: Situated just two blocks from the famous Fremont Street Experience. A 7-Eleven is steps away, and the neighborhood is overflowing with cheap street food, artisan pizza shops, and inexpensive breakfast diners.Why it’s the Best Budget Location: It completely eliminates the massive resort fees charged by most Las Vegas hotels while keeping you within easy walking distance of Downtown's absolute best free nightly entertainment and cheap dining scenes.Check the latest price and information on Agoda: Click here to view on Agoda7. Excalibur Hotel & CasinoAddress: 3850 S Las Vegas Blvd, Las Vegas, NV 89109Approximate Room Price: $45 – $80 USDLocation & Vibe: Boasting a spectacular, multi-colored medieval castle facade, this massive resort is situated at one of the busiest intersections on the South Strip. It offers a nostalgic, fun, family-friendly, and ultra-high-volume atmosphere.Facilities: A huge 30,000-square-foot pool area with a water slide, a fully equipped fitness center, a massive arcade, a casino floor, and a large second-floor food court.Nearby Amenities: Connected via a free pedestrian tram to the luxurious Luxor and Mandalay Bay resorts, and steps from the MGM Grand Monorail Station. A VONS supermarket is a short ride away, and a 7-Eleven is down the block.Why it’s the Best Budget Location: It offers an unbeatable location on the South Strip right next to major airports and luxury properties, allowing you to walk to premium tourist spots without paying standard South Strip luxury hotel premiums.Check the latest price and information on Agoda: Click here to view on Agoda8. Luxor Hotel & CasinoAddress: 3900 S Las Vegas Blvd, Las Vegas, NV 89119Approximate Room Price: $50 – $85 USDLocation & Vibe: Set inside a world-famous, massive black glass pyramid featuring a giant Sphinx monument out front. The interior vibe is unique, spacious, dramatic, and historic, making it an incredible architectural experience for budget travelers.Facilities: One of the largest pool decks in Las Vegas, a massive casino, the famous Nature's Spa, private en-suite slant-wall pyramid rooms, and a dynamic multi-tiered food court.Nearby Amenities: Direct access to the free South Strip tram line and major city bus routes. Multiple affordable snack bars, souvenir shops, and local convenience stores surround the immediate property lines.Why it’s the Best Budget Location: Staying inside a globally recognized architectural marvel for well under $100 a night is an exceptional value. It places you firmly on the Strip with access to elite-tier amenities at a highly competitive baseline price.Check the latest price and information on Agoda: Click here to view on Agoda9. El Cortez Hotel & CasinoAddress: 600 E Fremont St, Las Vegas, NV 89101Approximate Room Price: $45 – $75 USDLocation & Vibe: Placed in the buzzing Fremont East District, this is the longest continuously running hotel-casino in Las Vegas. It retains an impeccably preserved vintage "Mob-era" character mixed with fully upgraded, clean modern rooms.Facilities: A historic gaming floor, a classic steakhouse, 24-hour front desk security, complimentary boarding pass printing, and completely modernized private boutique suites.Nearby Amenities: Located directly on the Fremont street pedestrian walkway. A 7-Eleven is located across the street, and you are surrounded by Downtown's famous cheap prime rib specials, local microbreweries, and inexpensive breakfast joints.Why it’s the Best Budget Location: It puts you directly in Las Vegas's premier nightlife and street-art neighborhood. It offers a genuinely authentic historic Vegas experience at a deep discount, with free parking options that are highly rare today.Check the latest price and information on Agoda: Click here to view on Agoda10. Ellis Island HotelAddress: 4250 Koval Ln, Las Vegas, NV 89109Approximate Room Price: $50 – $85 USDLocation & Vibe: Tucked just one block behind the glittering center of the main Strip, this family-owned hotel offers a cozy, deeply welcoming, and community-focused alternative to the massive, impersonal corporate resorts.Facilities: A pristine outdoor swimming pool, an award-winning on-site microbrewery, 24-hour diner access, free guest parking, and surprisingly large, comfortable private rooms.Nearby Amenities: A short 5-minute walk to the center of the Strip and the Horseshoe Monorail Station. A fully stocked 7-Eleven sits directly on the corner, and the on-site restaurant is legendary for serving the cheapest top-quality steak specials in town.Why it’s the Best Budget Location: It is widely considered Las Vegas's ultimate insider secret. You get a quiet, clean, and highly affordable private room that sits within a 5-minute walk of the absolute heart of the Strip (near Bellagio and Paris).Check the latest price and information on Agoda: Click here to view on Agoda11. Four Queens Hotel & CasinoAddress: 202 Fremont St, Las Vegas, NV 89101Approximate Room Price: $50 – $80 USDLocation & Vibe: Anchored right beneath the massive, glowing canopy of the Fremont Street Experience. It has a high-energy, classic retro-Vegas casino feel that puts you exactly where the party is.Facilities: An expansive, classic casino floor, a 24-hour traditional cafe, comfortable traditional private rooms, and direct access to an off-site swimming pool partnership.Nearby Amenities: Immediate access to Downtown transit options and the Deuce bus route. A Walgreens and a 7-Eleven are right next door, along with endless street food stalls and famous cheap historic diners.Why it’s the Best Budget Location: It features a highly sought-after perk for budget-conscious travelers: absolutely zero resort fees. This saves you an extra $30 to $40 per night compared to almost every other hotel option in the city.Check the latest price and information on Agoda: Click here to view on Agoda12. Golden Gate Hotel & CasinoAddress: 1 Fremont St, Las Vegas, NV 89101Approximate Room Price: $45 – $75 USDLocation & Vibe: Standing proud as the absolute oldest hotel in Las Vegas (opened originally in 1906). It masterfully combines an intimate, historic jazz-age boutique aesthetic with smart, sleek, modern room designs.Facilities: A high-energy outdoor bar right on the pedestrian mall, a clean intimate casino floor, access to the multi-million dollar Stadium Swim pool complex nearby, and updated high-speed Wi-Fi.Nearby Amenities: Sits right at the main Downtown transit terminal hub. A local market and convenience store are located within 2 minutes on foot, and it is surrounded by iconic budget eateries offering cheap shrimp cocktails and burgers.Why it’s the Best Budget Location: It gives you a premium, historic boutique room experience at a fraction of standard hotel costs. Its position right at the transit hub makes exploring the wider Las Vegas area incredibly effortless and affordable.Check the latest price and information on Agoda: Click here to view on AgodaInsider Strategy for Scoring the Lowest Rates in VegasPro-Tip: Las Vegas hotel pricing fluctuates drastically based on city-wide conventions, weekend sports, and major concerts. To lock in the absolute cheapest rates, aim to book your stay for mid-week days (Sunday through Thursday) and secure your reservation as early as possible!By selecting any of these highly reviewed budget hotels or hostels, you can fully enjoy the world-class dining, neon architecture, and thrilling energy of Las Vegas without draining your bank account. With instant connections to cheap public transit and local supermarkets, you have everything required for an epic, low-cost desert escape. Enjoy your journey to Sin City!