Top Budget-Friendly Stays in Lively Covent Garden

We checked thousands of reviews on and to find the best hotels for your stay
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Carolyn Osborne

Updated: 16 January 2024 · 6 min

London is a city that never fails to captivate travelers from all walks of life. Its rich history, iconic landmarks, and bustling streets offer a unique blend of tradition and modernity. For those seeking an affordable stay in the lively heart of the city, Covent Garden proves to be a haven. With its charming cobblestone streets and lively atmosphere, this district boasts a plethora of cheap hotels that provide comfort and convenience without breaking the bank.

Nestled among the winding lanes and trendy shops, Covent Garden is renowned for its world-class theaters, renowned restaurants, and vibrant street performers. Whether you're in search of a cozy boutique hotel or a budget-friendly hostel, you'll find an abundance of options catering to all budgets. Many of these establishments offer comfortable rooms, complimentary amenities, and easy access to the area's top attractions such as the Royal Opera House, Covent Garden Market, and Somerset House.

While affordability is a key factor, cheap hotels in Covent Garden don't compromise on quality. You can expect friendly and accommodating staff, spotlessly clean rooms, and modern amenities to make your stay enjoyable. Moreover, the district's central location allows visitors to easily explore other popular neighborhoods like Soho, Leicester Square, and the West End, all within walking distance. Whether you're a culture enthusiast, a food lover, or a shopaholic, Covent Garden's cheap hotels provide the perfect base for an unforgettable London experience without straining your wallet.
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Our Top 10

(Sorted by rating & number of reviews)

1. The Henrietta Hotel
2. The Hoxton, Holborn Hotel
3. Fielding Hotel
4. The Resident Covent Garden Hotel
5. Hootananny Hostel
6. Mk Hotel London
7. The Z Hotel Piccadilly
8. Corinthia London Hotel
9. The Savoy Hotel
10. Strand Palace Hotel

Budget-Friendly Gems in Covent Garden

Check Availability

London
Mar 12, 2026 - Mar 13, 2026

The Henrietta Hotel

8.9

Good

(759 Reviews)

+ 64 photos
Situated on Henrietta Street, The Henrietta Hotel exudes boutique charm and affordability. Its elegantly designed rooms and personalized service create a welcoming atmosphere for guests seeking a unique experience. The hotel's location offers easy access to Covent Garden's renowned theaters and exquisite dining options. With its art-inspired interiors and attention to detail, The Henrietta Hotel captures the essence of cheap luxury in Covent Garden.
Address: 14-15 Henrietta Street
Rating: Good 8.9 (759 Reviews)
Rooms: 22
Price: From 630$

The Hoxton, Holborn Hotel

8.4

Good

(2031 Reviews)

+ 77 photos
Located just a short walk from Covent Garden on High Holborn, The Hoxton offers affordable luxury with an edgy twist. Its stylish rooms feature a mix of industrial and contemporary design elements, creating a unique and vibrant atmosphere. The hotel hosts regular events and live music sessions, making it a hub for creative individuals seeking an immersive experience. With its affordable rates and a lively ambiance that captures the spirit of Covent Garden, The Hoxton, Holborn is a true gem for budget-conscious travelers.
Address: 199 - 206 High Holborn
Rating: Good 8.4 (2031 Reviews)
Rooms: 220
Price: From 405$

Fielding Hotel

8.2

Good

(4239 Reviews)

+ 46 photos
Situated on Broad Court, just steps away from Covent Garden's bustling square, The Fielding Apartments provide a range of cozy and affordable self-catering accommodations. These apartments offer spacious living areas, fully equipped kitchens, and the convenience of a home away from home. Perfect for extended stays or travelers seeking flexibility, The Fielding Apartments combine affordability and comfort in the center of Covent Garden. Guests can enjoy the freedom to explore the neighborhood at their own pace while enjoying the comforts of a private haven.
Address: 4 Broad Court, Bow St
Rating: Good 8.2 (4239 Reviews)
Rooms: 27
Price: From 150$

Charming Guesthouses and B&Bs in Covent Garden

For travelers seeking a more intimate and cozy experience, Covent Garden boasts a range of charming guesthouses and bed & breakfast establishments. This section highlights the distinctive qualities of these accommodations, offering a taste of affordable comfort in the very heart of London.

The Resident Covent Garden Hotel

9.3

Good

(2036 Reviews)

+ 35 photos
The Resident Covent Garden, located on Rose Street, offers affordable luxury and a charming atmosphere. Its boutique-style rooms feature modern amenities and stylish designs, providing a comfortable retreat after a day of exploring. The hotel's personalized service and convenient location amidst Covent Garden's vibrant streets make it an attractive choice for budget-conscious travelers. With its cozy ambiance and genuine hospitality, The Resident Covent Garden offers a memorable stay at an affordable price.
Address: 51 Bedford Street
Rating: Good 9.3 (2036 Reviews)
Rooms: 57
Price: From 379$

Hootananny Hostel

7.1

Good

(1640 Reviews)

+ 58 photos
Situated on Brixton Road, close to Covent Garden, the Hootananny Hostel provides affordable accommodation with a unique twist. This hostel boasts a lively bar downstairs where guests can enjoy live music, entertainment, and a vibrant social atmosphere. The dormitory and private rooms offer comfortable beds and basic amenities, making it an ideal choice for budget-conscious travelers looking for a fun and affordable stay. With its vibrant ambience and prime location, the Hootananny Hostel offers an exciting and pocket-friendly experience in the lively heart of London.
Address: 95 Effra Road
Rating: Good 7.1 (1640 Reviews)
Rooms: 52
Price: From 24$

Mk Hotel London

7.9

Good

(1172 Reviews)

+ 45 photos
Nestled on the Strand, ME London offers affordable luxury with its contemporary design and stylish rooms. This five-star hotel showcases panoramic London views, rooftop dining, and an impressive art collection, creating a visually stunning and unique experience for guests. With its central location and affordable rates, ME London presents an enticing option for travelers seeking a touch of luxury without compromising their budget.
Address: 317 Putney Bridge Road
Rating: Good 7.9 (1172 Reviews)
Rooms: 29
Price: From 129$

Hidden Gems and Quirky Stays in Covent Garden

Covent Garden is known for its eclectic charm and vibrant atmosphere, and this extends to its accommodation offerings as well. In this section, discover a selection of hidden gems and quirky stays that embody the unique spirit of Covent Garden, all at affordable prices.

The Z Hotel Piccadilly

7.9

Good

(10029 Reviews)

+ 48 photos
Nestled on Archer Street, just a stone's throw from Covent Garden, The Z Hotel Piccadilly offers affordability, comfort, and a touch of luxury. Its stylish rooms are designed to maximize space and feature modern amenities for a seamless stay. The hotel's location provides easy access to Covent Garden's vibrant atmosphere and the iconic Piccadilly Circus. With its affordable rates and prime location, The Z Hotel Piccadilly offers a memorable stay in the heart of central London.
Address: 2 Orange Street
Rating: Good 7.9 (10029 Reviews)
Rooms: 111
Price: From 197$

Corinthia London Hotel

9.2

Good

(670 Reviews)

+ 341 photos
Situated on Whitehall Place, a short distance from Covent Garden, The Corinthia Hotel London blends classic grandeur with modern luxury. Its beautifully designed rooms and extensive spa facilities create an oasis of relaxation in the heart of the city. Guests can enjoy fine dining options, rejuvenate at the world-class spa, and take advantage of the hotel's prime location to explore nearby theaters and cultural attractions. With its affordable rates and impeccable service, The Corinthia Hotel London offers an unforgettable and affordable luxury experience in Covent Garden.
Address: Whitehall Place
Rating: Good 9.2 (670 Reviews)
Rooms: 283
Price: From 752$

The Savoy Hotel

9.4

Good

(2567 Reviews)

+ 411 photos
Located on the Strand, The Savoy stands as an iconic establishment offering affordable luxury in the lively heart of Covent Garden. This historic hotel boasts elegantly appointed rooms, exceptional service, and a rich heritage. Guests can indulge in the hotel's world-class dining options, relax in the glamorous American Bar, or immerse themselves in the hotel's rich history through a guided tour. The Savoy offers a unique blend of affordability and indulgence, making it a top choice for travelers seeking a taste of luxury in Covent Garden.
Address: Strand
Rating: Good 9.4 (2567 Reviews)
Rooms: 268
Price: From 809$

Hostels and Budget-Friendly Accommodations in Covent Garden

For budget travelers who value shared experiences and a sense of community, Covent Garden offers an array of hostels and budget-friendly accommodations. This section highlights the unique qualities of these establishments, providing affordable options for those seeking a social and wallet-friendly stay.

Strand Palace Hotel

8.2

Good

(14397 Reviews)

+ 412 photos
The Strand Palace, situated on the doorstep of Covent Garden, offers affordable elegance and a rich history. Its comfortable rooms and attentive service ensure a pleasant stay for guests looking for an affordable yet sophisticated option. The hotel's proximity to world-class theaters and Covent Garden's bustling market adds to its allure. With its affordable rates and prime location, The Strand Palace stands as an iconic choice for those seeking the best of cheap hotels in Covent Garden.
Address: 372 Strand
Rating: Good 8.2 (14397 Reviews)
Rooms: 785
Price: From 202$

Fielding Hotel

8.2

Good

(4239 Reviews)

+ 46 photos
The Fielding Hotel, nestled in the heart of Covent Garden on Broad Court, offers affordable comfort steeped in history. Housed in a Georgian-style building dating back to 1673, this family-run hotel combines traditional charm with modern amenities. Its cozy rooms feature comfortable furnishings and provide a quiet retreat from the bustling streets of London. With its unbeatable location and warm hospitality, The Fielding Hotel is an ideal choice for budget-conscious travelers.
Address: 4 Broad Court, Bow St
Rating: Good 8.2 (4239 Reviews)
Rooms: 27
Price: From 150$

The Z Hotel Covent Garden

8.3

Good

(10831 Reviews)

+ 73 photos
The Z Hotel Covent Garden, located in the vibrant Seven Dials area, offers affordable luxury in the heart of the city. With its contemporary design and well-appointed rooms, it provides the perfect base for exploring Covent Garden's cultural attractions. The hotel's unique feature is its compact yet stylish rooms, designed to maximize space while maintaining a high level of comfort. Guests can indulge in a complimentary buffet breakfast and enjoy the hotel's 24-hour concierge service, ensuring a hassle-free stay.
Address: 31-32 Bedford Street
Rating: Good 8.3 (10831 Reviews)
Rooms: 115
Price: From 450$

Cozy Bed and Breakfasts in Covent Garden

For travelers seeking a home-away-from-home experience, Covent Garden offers a selection of charming bed and breakfast establishments. These cozy retreats provide a warm and welcoming atmosphere, ensuring a comfortable stay without breaking the bank.

Affordable Luxury Hotels in Covent Garden

While Covent Garden is renowned for its affordable options, it also offers opportunities to experience affordable luxury. This section presents a collection of hotels that strike the perfect balance between price and high-end comfort, ensuring a memorable stay without breaking the bank.