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7 Cheap Hotels in CBD Melbourne

Melbourne is a vibrant city full of life, and finding a great place to stay shouldn't break the bank! If you're looking for affordable hotels near CBD Melbourne, you're in the right spot. I’ve handpicked seven budget-friendly hotels that offer comfortable stays and easy access to the city's best sights. Let's dive in and find your perfect home away from home!

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The Village Melbourne ImageThe Village Melbourne ImageThe Village Melbourne Image
1

The Village Melbourne

Distance to the CBD Melbourne: 0.3 mi (0.5km)

8.2/10

Dive into the lively spirit of Melbourne at Mad Monkey Melbourne, a fresh and fun hotel right in the heart of the city! With free WiFi and exciting nightly events, there are plenty of chances to bond with fellow travelers. Chill out in the rooftop area, test your cooking skills in the communal kitchen, or kick back in the cozy TV room—there's a spot for everyone to unwind. And don’t worry about your belongings; each dorm features a personal locker and charging station to keep your devices powered up, plus clean linen waiting for you!

If you're planning on staying during the holiday season, keep in mind that our reception takes a little break from December 24th to January 2nd, so check-ins and check-outs won’t be possible then. Be sure to bring your credit card and passport for a smooth check-in. We can’t wait to welcome you to the Mad Monkey family and help make unforgettable memories during your stay!

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2

Flinders Backpackers

Distance to the CBD Melbourne: 0.4 mi (0.6km)

8.1/10

Flinders Backpackers is a fun and friendly spot in the heart of Melbourne! This lively place features a poppin’ bar, a cozy shared lounge perfect for making new friends, and free WiFi to keep you connected. Just a short stroll to popular spots like the Block Arcade and St Paul's Cathedral, it's an excellent base to explore the city. Plus, there’s a shared kitchen where you can whip up your favorite meals and save a bit of cash!

Looking to unwind? Grab a cue and challenge a fellow traveler to a game of billiards. You’re also close to other fun sites, like Federation Square and Eureka Tower, so there's no shortage of things to see and do. Whether you’re traveling solo or with friends, Flinders Backpackers offers a welcoming atmosphere for everyone to kick back, relax, and enjoy the Melbourne vibe!

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3

Space Hotel

Distance to the CBD Melbourne: 0.4 mi (0.6km)

8.3/10

Experience a fantastic stay at Space Hotel, where comfort and fun go hand in hand! Located right in the bustling Melbourne CBD, this hotel offers both private and shared dormitory rooms filled with all the essentials, from air conditioning to cozy linens and charging sockets. You’ll love the wide variety of amenities, including a rooftop terrace with stunning city views, a fully-equipped gym, and a cozy cinema room. Plus, there's free WiFi, keeping you connected throughout your stay.

While you soak in the Melbourne vibe, take a break in the lively lounge where you can enjoy board games or just kick back and relax. Cooking enthusiasts will appreciate the shared kitchen, complete with barbecue facilities, and you can help yourself to complimentary tea and coffee whenever you like. And with each room sporting its own personal locker, you can explore the nearby shops and cafes without worrying about your belongings. Your delightful adventure in Melbourne awaits!

Roamer Melbourne - formerly Selina Central Melbourne ImageRoamer Melbourne - formerly Selina Central Melbourne ImageRoamer Melbourne - formerly Selina Central Melbourne Image
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Roamer Melbourne - Formerly Selina Central Melbourne

Distance to the CBD Melbourne: 0.4 mi (0.7km)

8.4/10

Roamer Melbourne, once known as Selina Central Melbourne, is a friendly spot right in the middle of the action in Melbourne CBD. You’ll find yourself just a short stroll from favorite sites like St Paul's Cathedral and Federation Square. Plus, if you’re up for some excitement, Rod Laver Arena and Crown Casino are only a quick tram ride away.

With a revamped reception area that's open 24/7, you can easily check in whenever you arrive. Enjoy fast free WiFi throughout the hotel, and feel free to whip up a meal in the shared kitchen or kick back with a drink from the bar. The cozy private rooms come with all the essentials for a comfy stay, featuring stunning views of Melbourne's iconic landmarks, including the beautiful Degraves Street. Dorm guests will find individual lockers for their belongings and comfy beds with clean linens provided daily.

Whether you’re exploring the city by day or winding down with a movie in the lounge area, Roamer Melbourne gives you the perfect base for your adventures. With easy luggage storage for those early check-ins or late departures, it’s a breezy choice for your next stay in Melbourne!

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5

Mad Monkey Melbourne

Distance to the CBD Melbourne: 0.8 mi (1.2km)

8/10

Mad Monkey Melbourne is a newly renovated, fun-loving hotel that's perfect for anyone looking to soak up the vibrant atmosphere of the city! You’ll love the free WiFi and exciting nightly events that bring guests together. The rooftop, kitchen, and TV room create the ideal hangout spots where you can meet fellow travelers. Every dorm comes with a personal locker and charging station for your devices so you can recharge after a day of sightseeing. Yep, clean linen is all set for you too!

Please keep in mind that our reception takes a break from December 24th through January 2nd. Unfortunately, no check-ins or check-outs can happen during those days, and payments made for reservations during this time are non-refundable. When you stay here, please bring your valid credit card and passport for check-in. We can’t wait to welcome you into our Mad Monkey family—get ready for a memorable experience!

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6

The Village North Melbourne

Distance to the CBD Melbourne: 0.8 mi (1.3km)

8/10

Looking for a budget-friendly spot in Melbourne? The Village North Melbourne has got you covered! This welcoming hostel is just a short walk from the heart of the city and features everything you need for a comfortable stay. With a fitness center to keep you active, a shared lounge for socializing, and a sunny terrace to relax on, you'll feel right at home. Plus, there's free WiFi throughout, so you can stay connected while sharing your travel adventures.

If you're up for a little fun, you can join in on karaoke or check out local tours at the front desk. The Village North Melbourne also has a shared kitchen where you can whip up your own meals, making it perfect for those who love to cook. And don’t forget to check out the nearby sights—there's plenty to explore in the vibrant neighborhood surrounding the hostel. Your Melbourne escape starts here!

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7

Miami Hotel Melbourne

Distance to the CBD Melbourne: 0.9 mi (1.4km)

8.2/10

Welcome to Miami Hotel, a cozy and delightful spot just a heartbeat away from the excitement of Melbourne's CBD! You'll love the comfortable rooms that come with free WiFi, making it easy to share your adventures with friends or plan your next outing. The hotel is surrounded by local shops on Errol Street, and you’re just a short walk from the Queen Victoria Markets, where you can snag some delicious eats and unique finds.

Each room is designed for your comfort, featuring heating and cooling, a private bathroom, and even a little fridge for your late-night snacks. Plus, with a sweet TV for catching up on your favorite shows, you’ll feel right at home. Miami Hotel is also super convenient: you’ll find a shared kitchen for cooking, a cozy lounge for movie nights, and a team at the reception ready to help you 24/7.

Whether you’re here for a quick visit or planning an epic adventure, Miami Hotel has everything you need for a great stay in Melbourne!

Dan Avramescu's profile

Dan Avramescu

Hi, I am Dan Avramescu a digital nomad for over 10 years now. Having traveled and lived in more than 55 countries so far, I have built this website using my experience to help you find the best places to stay and make your vacations memorable!

Please note that we earn a commission when you book through our affiliate links. Your support is greatly appreciated and helps us continue to grow our business. Thank you for being a part of our journey.

Post was updated on December 31, 2024

Did you stay at one of the hotels listed here? We always appreciate hearing from our customers. If you would like to connect with us and share your experience, please feel free to reach out to us directly. right here.

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