Home » Hostel Guides » 8 Cheap Hostels in London

8 Cheap Hostels in London

Last Updated: September 11, 2023

Well, London is one of Europe’s most expensive cities and a tourism hot spot alike! So, there are tons of exciting things to see, do and eat. From entertainment, shopping, dining, and nightlife, it’s a long list. Of course, you can explore all, but it’ll be challenging if you’re on a tight budget. Hey, don’t worry! We’ve got a solution to it! You can stay in any of these eight hand-picked Cheap Hostels in London and make a massive saving on accommodation costs. Thus, you can spend enough on fun and enjoy London’s exotic life worry-free; staying on a budget too! If it sounds cool, then let’s review these cheap hostels in London.

1. Rest Up London

Rest Up London

If you want to stay in a heritage, yet budget-friendly property, then it’s the Rest Up London. You’ll find it right in the heart of Central London. It’s been there for over 100 years and welcomes solo travelers and backpackers alike. Indeed, it’s one of the top-rated Cheap Hostels in London. But why? It’s for the spacious common area, relaxing environment, and free Wi-Fi. Also, the main tourist sights are within walking distance. Don’t forget to order delicious food. Fries, Pizza, Pasta, and other varieties are on the menu. So, you can grab your favorite item and enjoy a bite!

  • Room Types Offered: Dorms, Privates
  • Costs: Dorms from €10.45Privates from 60.00
  • Breakfast Included: No
  • Guest Kitchen: No
  • Laundry Facilities: Yes
  • Bar: No but they have a restaurant

Check Prices On Hostelworld!

2. Phoenix Hostel

Phoenix Hostel London

The next up on our list of Cheap Hostels in London is the Phoenix Hostel. It’s famous for its convenient location, right in the heart of this vibrant city. But, there’s something unique you’ll find in this Cheap Hostel. It’s the lounge and bar, an ideal place to socialize with like-minded people. Furthermore, they’ve delighted guests with excellent hospitality services. Thus, they’ve received high ratings from visitors around the globe. Also, if you enjoy shopping, then Phoenix Hostel should be your preferred choice. It’s near Oxford Street, which is the shopper’s paradise area in London. Along with free Wi-Fi and breakfast, you can enjoy a peaceful stay in their spacious rooms.

  • Room Types Offered: Dorms, Privates
  • Costs: Dorms from €11.00Privates from €38.00
  • Breakfast Included: No but available for an extra fee
  • Guest Kitchen: No
  • Laundry Facilities: No
  • Bar: Yes

Check Prices On Hostelworld!

3. Palmers Lodge Swiss Cottage

Palmers Lodge Swiss Cottage London

The next Cheap Hostel in London is the Palmers Lodge Swiss Cottage. If you’re visiting London on a budget, it’s a perfect choice! You’ll love the building’s Victorian-style architecture. Also, you can enjoy live music in the pub while enjoying your favorite drink. There are plenty of indoor gaming options. You can also plan BBQ parties on the outdoor terrace and make your stay exciting. You’ll find popular attractions within walking distance. Furthermore, there are many excellent positive reviews for Palmers Lodge Swiss Cottage.

  • Room Types Offered: Dorms, Privates
  • Costs: Dorms from €12.00Privates from €39.00
  • Breakfast Included: No but available for an extra fee
  • Guest Kitchen: Yes
  • Laundry Facilities: No
  • Bar: Yes

Check Prices On Hostelworld!

4. St Christopher's Greenwich

St Christophers Greenwich London

If you want a comfortable stay in London where you can find attentive and cordial staff, it’s the St Christopher’s Greenwich Hostel. Indeed, it’s one of the finest Cheap Hostels in London for a young and vibrant crowd and excellent vibes. The in-house bar and nightclub are some of the significant points of attraction for visitors to book this property and stay.

The southern part of London is near to this place, and it houses the treasure-trove tourist attractions. The Queen’s House, Greenwich Park, and others are among the unmissable ones. But, don’t forget to party at the Belushi hostel's in-house bar after you’ve completed your day’s activities.

  • Room Types Offered: Dorms, Privates
  • Costs: Dorms from €14.00Privates from €109.00
  • Breakfast Included: No
  • Guest Kitchen: Yes
  • Laundry Facilities: Yes
  • Bar: Yes

Check Prices On Hostelworld!

5. Via Limehouse

Via Limehouse London

The next name for the best and cheapest hostels in London that comes to our mind is the Via Limehouse. We’ve selected this property after reviewing it carefully on certain parameters. These are its location, surrounding attractions, accessibility, and comfortability. Indeed, it’d surpassed traveler’s expectations and had received excellent reviews. It’s in the city’s east end, and the underground Limehouse DLR station is within walking distance away. You can take a morning or an evening stroll around the Canary Wharf’s business district, an unmissable one! Also, it’s a vibrant area full of options for shopping and dining alike! Finally, you can order food round-the-clock. For entertainment, you’ll find a big TV and free Wi-Fi.

  • Room Types Offered: Dorms, Privates
  • Costs: Dorms from €14.00Privates from €109.00
  • Breakfast Included: No
  • Guest Kitchen: Yes
  • Laundry Facilities: Yes
  • Bar: No

Check Prices On Hostelworld!

6. PubLove @ The Steam Engine, Waterloo

PubLove The Steam Engine Waterloo London

If you’re a backpacker and searching for Cheap Hostels in London, you’ll then fall in love with PubLove, The Steam Engine, Waterloo. We bet! Of course, it’s a popular place for socializing in the city. Indeed, it’s a soulful place, full of young and vibrant crowds. You can chat and enjoy unlimited in the British Pub. It’s on for 24 hours for limitless entertainment and fun! Also, you’ll find free Wi-Fi. You can sleep in clean rooms with hygienic environments; are you in love with this place? Try it out!

  • Room Types Offered: Dorms
  • Costs: Dorms from €15.00
  • Breakfast Included: No
  • Guest Kitchen: No
  • Laundry Facilities: No
  • Bar: Yes

Check Prices On Hostelworld!

7. New Cross Inn Hostel

New Cross Inn Hostel London

Next up is the New Cross Inn Hostel on the list of our Cheap Hostels in London. It’s famous for its excellent location, accessibility, and good rooms. Indeed, if you’re visiting with family, you might prefer to stay here. It’ll be within your budget. They’ve got friendly and spacious rooms of many sizes. So, choose the one that’ll suit your needs and enjoy your stay. Considering that a continental breakfast is included in the price, this will save you on the cost of breakfast every morning.

  • Room Types Offered: Dorms, Privates
  • Costs: Dorms from €16.00Privates from €59.00
  • Breakfast Included: Yes
  • Guest Kitchen: Yes
  • Laundry Facilities: Yes
  • Bar: No but there is a bar next door

Check Prices On Hostelworld!

8. Venture Hostel

Venture Hostel London

The last budget hostel on our recommended list is the Venture Hostel. Although it’s a new property, it’d gained quick popularity. It’s for the vibrant location and the surrounding area. Nearby, you’ll find street markets full of hustle-bustle and the historical Goldsmiths University. If you’re staying in these Cheap Hostels in London, don’t miss attending the famous musical concerts. It’s also another unmissable attraction in this culturally rich city.

  • Room Types Offered: Dorms
  • Costs: Dorms from €16.00
  • Breakfast Included: No
  • Guest Kitchen: No
  • Laundry Facilities: Yes
  • Bar: Yes

Check Prices On Hostelworld!

Final Thoughts on Cheap Hostels in London

You can explore this culturally rich buzzing city by walking around on your own. Thus, it’s essential to check the accessibility of your accommodation. If you stay in any of these cheap hostels in London, you can easily enjoy the city’s beauty hassle-free.

More on Hostels

Nearby Guides

Mike McGuinness Profile Photo

THANKS FOR READING!

I'm Mike McGuinness, the guy behind the scenes of Hostel Vagabond. I've stayed in literally hundreds of hostels across Europe and the world. I created Hostel Vagabond so that I could share those experiences with you.