Lisbon, the enchanting capital of Portugal, is a city that effortlessly combines old-world charm with modern vibrancy. It’s a city that promises visitors an unforgettable experience, whether you’re wandering through historic neighborhoods like Alfama, indulging in delectable pastries, or simply admiring the breathtaking views from the city’s many miradouros (viewpoints). And while Lisbon is a city filled with luxury and boutique accommodation options, it’s also a haven for budget travelers looking for affordable and comfortable places to stay.

If you’re planning a trip to Lisbon and looking to maximize your budget, hostels are an excellent choice. This article will guide you through the ten best cheap hostels in Lisbon, ensuring you have a comfortable and cost-effective base for exploring this fascinating city.

1. Home Lisbon Hostel

Home Lisbon Hostel, located in the heart of Lisbon, is renowned for its friendly atmosphere and stylish, comfortable accommodations. Housed in a beautifully restored 200-year-old building, this hostel offers dormitory rooms and private suites, all of which are tastefully decorated. The communal areas, including a cozy lounge and a fully equipped kitchen, provide ample space to socialize and meet fellow travelers. The hostel also organizes walking tours and activities to help you immerse yourself in Lisbon’s vibrant culture.

2. Goodmorning Hostel

Goodmorning Hostel, situated in the lively Bairro Alto district, is a popular choice for budget travelers. This vibrant and social hostel features mixed dormitories and private rooms, all designed with comfort and cleanliness in mind. The communal areas are brimming with character, including a rooftop terrace that offers breathtaking views of Lisbon. The hostel’s staff is known for their warm hospitality.  Also, they provide helpful travel tips to make your stay in the city unforgettable.

3. We Love F. Tourists Hostel

As the name suggests, We Love F. Tourists Hostel is all about catering to budget-conscious travelers while making them feel like treasured guests. Located just steps away from Lisbon’s iconic Rossio Square, the hostel offers cozy and contemporary accommodations. Guests can choose from shared dormitories or private rooms with en-suite bathrooms. The communal spaces are trendy and ideal for mingling with fellow travelers. The hostel also hosts social events, such as pub crawls and fado nights, allowing you to experience Lisbon’s culture and nightlife.

4. Yes! Lisbon Hostel

Yes! Lisbon Hostel is a vibrant and fun accommodation option in Lisbon’s city center. The hostel boasts a lively atmosphere and colorful, clean rooms with comfortable beds. Guests can opt for shared dorms or private rooms. Yes! Lisbon Hostel offers a range of amenities, including a well-equipped kitchen, a communal lounge, and free breakfast. The friendly staff organizes activities like walking tours and communal dinners to help you connect with other travelers.

5. Sunset Destination Hostel

Sunset Destination Hostel offers a unique and exciting stay in Lisbon. This hostel is located in the bustling Cais do Sodré neighborhood. Additionally this eco-friendly hostel is set in a renovated 18th-century building with modern, sustainable design. Guests can choose from shared dorms or private rooms, some of which feature river views. The hostel’s top-floor terrace, complete with a bar and a pool, is a highlight, offering stunning panoramic views of the Tagus River and the city. Sunset Destination Hostel is all about embracing sustainable tourism while enjoying the vibrant cityscape.

6. Lisbon Destination Hostel

Lisbon Destination Hostel, located near Rossio Square, provides a comfortable and inviting space for budget travelers. The hostel offers both dormitories and private rooms, each exuding a clean and modern atmosphere. The friendly staff is always ready to assist with travel advice and local recommendations. The communal areas are cozy and perfect for socializing, and the hostel often hosts movie nights and themed dinners to foster a sense of community among guests.

7. Monte Belvedere by Shiadu

Monte Belvedere by Shiadu is a charming and affordable guesthouse located in Lisbon’s historic and picturesque Alfama district. While not a traditional hostel, it offers a budget-friendly option for travelers seeking a more tranquil and intimate setting. The guesthouse features beautifully decorated rooms, some with river views, and includes a daily breakfast. You’ll be enchanted by the neighborhood’s narrow alleys, historic architecture, and proximity to key attractions such as São Jorge Castle.

8. Lisb’on Hostel

Lisb’on Hostel, located in the heart of Lisbon, is a stylish and welcoming hostel offering dormitory-style and private rooms. The contemporary design and comfortable beds make for a relaxing stay, and the hostel’s communal spaces, including a lounge and kitchen, provide opportunities to meet fellow travelers. The helpful staff at Lisb’on Hostel can provide you with valuable tips for exploring the city and experiencing its rich culture.

9. Lisbon Chillout Hostel

Lisbon Chillout Hostel is a trendy and budget-friendly accommodation located in the historic Baixa district. The hostel offers a variety of dormitory rooms, all featuring modern amenities and stylish design. Guests can relax in the communal areas, including a spacious lounge, and enjoy free breakfast daily. The hotel’s central location makes it easy to explore Lisbon’s top attractions, such as Commerce Square and the famous tram 28 route.

10. Goodnight Hostel

Goodnight Hostel, set in the heart of Lisbon’s historical center, is a fantastic choice for travelers on a budget. The hostel offers clean and comfortable dormitory rooms, along with a selection of private rooms. The friendly atmosphere and welcoming staff ensure a pleasant stay. In addition to a communal kitchen, guests can unwind in the cozy lounge area. Goodnight Hostel is within walking distance of many of Lisbon’s most famous sites, making it a convenient base for exploration.

In conclusion, Lisbon’s charm, history, and culture are undoubtedly captivating, and you don’t have to break the bank to experience this beautiful city. The 10 hostels listed above provide excellent value for budget-conscious travelers, offering comfort, hospitality, and opportunities to meet fellow adventurers. Whether you’re drawn to the lively neighborhoods of Bairro Alto or Alfama or prefer a more tranquil stay near the river, there’s a budget-friendly hostel in Lisbon waiting to welcome you. With these affordable options, you can embark on your Lisbon adventure without worry, ensuring that your memories of this enchanting city remain treasured for a lifetime.