Cheap Hotels Chicago: Where to Stay on a Budget

Discover affordable Chicago hotel deals and savings on Tripster. Book cheap hotels without sacrificing comfort and explore the city on a budget.

Having a hard time finding budget-friendly hotels in Chicago? You’re not alone. Hotels in major tourist spots like downtown and Magnificent Mile are frequently in high demand. They drive up prices, even in neighboring areas. Keep reading to discover the best cheap hotels in Chicago!

With our list of cheap hotels in Chicago, choose an accommodation that offers both comfort and modern amenities without breaking the bank. Even better, many of these hotels offer discounted rates when booked through Tripster. Say goodbye to overpriced stays and hello to a wallet-friendly Chicago experience!

Cheap Hotels in Chicago

The Congress Plaza Hotel

520 S Michigan Ave, Chicago, IL 60605

The Congress Plaza Hotel & Convention Center is one of downtown Chicago’s most legendary cheap hotels Chicago. This Windy City icon has been standing tall since 1893. It has welcomed U.S. presidents, international celebrities, and elite travelers from around the world.

The Congress Plaza Hotel’s nightly rates are typically at $270-300/night, but Tripster is offering nightly rates at a whopping $81/night! That’s the biggest discount you’ll ever see.

To make the most bang for your buck, request a room with views of Lake Michigan. Other benefits include being near the city center, making public transportation super easy.

exterior of Congress Plaza Hotel at night with neon red sign and street lamps on ground and statue of man on horse in foreground in Chicago, Illinois, USA
photo credit: Pam Pole via Facebook

Comfort Inn Chicago Schaumburg – O’Hare Airport

1300 E Higgins Rd, Schaumburg, IL 60173

Comfort Inn Schaumburg is a budget-friendly option among cheap hotels in Chicago. It’s conveniently located in the city’s northwest suburbs, making it an ideal accommodation for travelers using Chicago O’Hare International Airport.

Although it’s not suited for those heading to Chicago Midway Airport, this is one of the best budget hotels Chicago offers because of its array of amenities to make your stay comfortable.

Enjoy a complimentary hot breakfast, stay connected with free WiFi, take a dip in the indoor pool, or hit the fitness center.

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In your room, find a microwave, refrigerator, flat-screen TV, and coffee maker for added convenience. Plus, with free parking, you’ll save on the often pricey parking costs in Chicago.

Country Inn & Suites by Radisson

777 E Grand Ave, Bensenville, IL 60106

Country Inn & Suites by Radisson in Chicago is your affordable gateway to the city. This budget-friendly hotel offers a range of convenient amenities, including an indoor pool, hot tub, and a well-equipped fitness center for relaxation and recreation. All for a low price, which is why it’s on our cheap hotel Chicago list.

Stay connected with complimentary free WiFi and start your day right with a satisfying free hot breakfast. Each room is thoughtfully equipped with a microwave, fridge, and coffeemaker for added convenience.

Plus, benefit from complimentary amenities such as free parking and enjoy a complimentary evening reception on select nights.

Chicago skyline aerial drone view from above, lake Michigan and city of Chicago downtown skyscrapers cityscape, Illinois, USA

DoubleTree by Hilton Hotel Chicago – Schaumburg

800 National Pkwy, Schaumburg, IL 60173

Next up on our list of cheap Chicago hotels is the DoubleTree by Hilton Chicago/Schaumburg, which offers a delightful blend of affordability and comfort.

Each room features a 50-inch flat-screen HDTV, a work desk with an ergonomic chair, and convenient amenities like a small refrigerator and coffee maker. Additionally, we give the complimentary weekday shuttle services a 5-star rating.

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It takes guests anywhere within a 5-mile radius of the property, including Woodfield Mall and nearby entertainment centers. If you prefer outdoor activities, nearby parks, such as Wicker Park, are worth visiting.

Hotel Felix

111 W Huron St, Chicago, IL 60654

Hotel Felix is an eco-friendly gem in downtown Chicago, nestled in the vibrant River North neighborhood. It proudly holds the Silver LEED (Leadership in Energy and Environmental Design) certification from the U.S. Green Building Council, showcasing its commitment to sustainability.

Rooms are equipped with modern conveniences, including WiFi, a flat-screen TV, an iPhone dock, a coffeemaker, and a functional desk.

Plus, you’ll be conveniently located near top attractions like the Millennium Park, Skydeck Chicago, and Navy Pier.

Buckingham Fountain Surrounded by Skyscrapers - Chicago, Illinois, USA
photo credit: Buckingham Fountain via Facebook

House 5863 Chicago Bed and Breakfast

5863 N Glenwood Ave, Chicago, IL 60660

Stay in Chicago at House 5863 Chicago Bed and Breakfast, a refreshing departure from the typical Victorian-style B&B. Forget scenic porches and rocking chairs. Instead, it embraces urban decor and contemporary, hip, modern comforts.

For parking, a garage is available on a first-come, first-served basis. Depending on the season, it can be reserved for $35-$45 per night.

Club Quarters Hotel, Wacker at Michigan

75 E Wacker Dr, Chicago, IL 60601

Club Quarters Hotel, Wacker at Michigan is your ideal choice for a Chicago riverfront hotel, whether you’re on a business trip or exploring the city’s rich history.

It’s strategically located within walking distance of several iconic Chicago landmarks, including Millennium Park and Navy Pier.

This private, full-service hotel offers a secure and welcoming environment, with features like safe, restricted entry and unlimited complimentary chilled purified bottled water to keep you refreshed throughout your stay. Additionally, each room is well-equipped with a refrigerator and microwave.

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We also love that Club Quarters Hotel understands that your furry friends are family, too, as this hotel is dog-friendly with no pet fee. There aren’t a lot of cheap hotels downtown Chicago that offer that.

A picture of a bed and a living room
photo credit: Club Quarters Hotel Wacker at Michigan, Chicago via Facebook

Hilton Garden Inn Schaumburg

1191 Woodfield Rd, Schaumburg, IL 60173

Hilton Garden Inn Schaumburg is your key to a stress-free and enjoyable stay in Schaumburg, a charming suburb of Chicago. Whether you’re here for business or leisure, this hotel offers the perfect blend of convenience and comfort.

One of its standout features is the complimentary offerings–free self-parking and free WiFi. This means you can explore the area without worrying about parking fees or stay connected effortlessly.

Guestrooms are thoughtfully furnished with microwaves and mini-refrigerators, adding to your convenience. When you’re ready to unwind, take a dip in the indoor heated pool.

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There’s no free breakfast. But you can head to The Garden Grille & Bar, which is open for breakfast and dinner to satisfy your cravings.

Courtyard Chicago Downtown/Magnificent Mile

165 E Ontario St, Chicago, IL 60611

The high-rise Courtyard Chicago Downtown/Magnificent Mile stands tall amidst the bustling streets, offering breathtaking panoramic views of Michigan Ave and the famed Magnificent Mile.

The hotel’s prime location puts you within easy reach of the city’s cultural gems, including the renowned Art Institute of Chicago.

This cheap hotel in Chicago offers modern accommodations designed to make your Chicago stay comfortable and enjoyable. Each room boasts premium bedding, a handy mini-fridge, and flatscreen TVs with satellite channels.

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After a day of exploring the Windy City, unwind at the lobby bar or satisfy your cravings at the snack bar. Coffee lovers will appreciate the on-site Starbucks.

For relaxation and recreation, the hotel features an inviting indoor pool and a 24-hour fitness center to keep you energized. This is one of the best cheap hotels in Chicago, Illinois, you won’t want to miss.

aerial of Chicago skyline with fireworks at night at Magnificent Mile Lights Festival in Chicago, Illinois, USA
photo credit: The Magnificent Mile

Hotel Versey Days Inn by Wyndham Chicago

644 W Diversey Pkwy, Chicago, IL 60614

Hotel Versey Days Inn by Wyndham Chicago offers a unique blend of history and modern comfort. Housed in a charming four-story red brick building, this boutique hotel boasts contemporary furnishings that provide a chic and comfortable atmosphere.

Guests here enjoy the convenience of complimentary Wi-Fi and a continental breakfast to kickstart their day. Rooms are equipped with flat-screen TVs, ensuring entertainment and relaxation.

For those looking to stay active while traveling, the on-site fitness center features state-of-the-art equipment. Additional services include guest laundry and dry cleaning, which add convenience.

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Hotel Versey’s prime location offers easy access to some of Chicago’s beloved parks and beaches. You’ll find yourself within walking distance of attractions like the always-free Lincoln Park Zoo and the trendy neighborhood of Logan Square.

The Willows Hotel

555 W Surf St, Chicago, IL 60657

The Willows Hotel is a charming boutique hotel in the heart of Chicago, offering upscale accommodations with a touch of 19th-century elegance. Each guestroom is a stylish haven equipped with modern comforts.

Enjoy in-room entertainment with flat-screen TVs and stay connected with free Wi-Fi. The well-appointed bathrooms feature shower/tub combinations, complimentary toiletries, and hairdryers for your convenience. Bathrobes add a luxurious touch to your stay.

Rest assured that your belongings are safe in the provided safes, and daily housekeeping ensures your room is a welcoming retreat each day.

View of a very clean beige and brown hotel room with flowers on the bed and a large window with the curtains open on.

Hampton Inn & Suites Chicago Schaumburg

891 Plaza Dr, Schaumburg, IL 60173

Hampton Inn & Suites Chicago Schaumburg offers a delightful stay with a host of amenities. Some budget-friendly hotels in Chicago don’t offer complimentary breakfast. But at Hampton Inn & Suites Chicago, start your day with a free hot breakfast that ensures you’re energized for your Chicago adventures.

Relax and unwind at the indoor heated pool, perfect for a refreshing swim any time of the year. If you like to stay active, make use of the fitness center.

Rooms are designed with your comfort in mind, featuring a 42-inch flat-screen HDTV with premium movie channels for entertainment.

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Brew your favorite coffee with the Keurig® Coffee Maker, and catch up on work at the spacious work desk. Last but not least, enjoy the convenience of free WiFi and parking during your stay.

The Godfrey Hotel Chicago

127 W Huron St, Chicago, IL 60654

Experience luxury without the hefty price tag at The Godfrey Hotel Chicago, a chic boutique hotel nestled in the beautiful River North neighborhood.

This stylish hotel boasts a range of amenities to make your stay memorable. Unwind and rejuvenate at the full-service spa, or stay active in the 24-hour fitness center.

For culinary delights, indulge in Italian cuisine at the on-site restaurant. But what truly sets The Godfrey apart is its stunning rooftop bar and lounge, where you can savor cocktails while soaking in panoramic city views.

Each modern room is a haven of contemporary elegance, featuring a 46-inch flat-screen LCD HDTV, a convenient wet bar, and a work desk with an ergonomic chair. You can even enjoy room service for added convenience.

Chicago skyline aerial drone view from above, lake Michigan and city of Chicago downtown skyscrapers cityscape from Lincoln park, Illinois, USA

Central Loop Hotel

111 W Adams St, Chicago, IL 60603

Central Loop Hotel lives up to its name by offering a strategic location right in the heart of the Loop, ensuring easy access to Chicago’s local gems and attractions.

As one of the best boutique downtown Chicago hotels, it is your gateway to the city’s coolest bars, restaurants, and sightseeing activities, all just a stone’s throw away.

You’ll find yourself within a 15-minute radius of some of Chicago’s most iconic attractions. Catch a show at the historic Chicago Theater, immerse yourself in the artistry of Millennium Park, or dive into the cultural treasures of the Art Institute.

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Enjoy a seamless online experience with free high-speed internet access available throughout the hotel. Plus, take advantage of the Club Lounge, offering complimentary coffee and tea to start your day right.

When hunger strikes, savor delectable dishes and drinks at the convenient on-site restaurant and bar.

Club Quarters Hotel, Central Loop

111 W Adams St, Chicago, IL 60603

Club Quarters Hotel, Central Loop is your ideal choice for an affordable stay in the heart of Chicago, conveniently located near Hyatt Place Chicago. This private full-service hotel offers a club-like atmosphere without the extravagant price tag.

Enjoy modern comforts such as a refrigerator and microwave in your room, ensuring convenience during your stay. State-of-the-art guest rooms also feature premium bedding and contemporary furnishings, complete with flat-panel HD TVs.

For business travelers, meeting and event rooms are available, along with free use of a computer printer and ergonomic workstations. Sip on unlimited complimentary chilled purified bottled water, keeping you refreshed throughout the day.

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Relax with complimentary coffee and tea, and rest easy knowing there’s a 24-hour guest service desk at your disposal. Stay active in the fitness room, or request exercise equipment to be delivered to your room.

ground view of people walking past cloud gate bean in Millennium Park in Chicago, Illinois, USA
phot credit: Cloud Gate via Facebook

Hilton Chicago Magnificent Mile Suites

198 E Delaware Pl, Chicago, IL 60611

Hilton Chicago Magnificent Mile Suites is an exceptional all-suite downtown Chicago hotel that redefines upscale accommodations. Each suite is thoughtfully appointed with a microwave, refrigerator, and the luxurious Hilton Serenity bed, ensuring a comfortable and convenient stay.

Not to mention the awe-inspiring lakefront views that enhance your experience, you can get all this without the hefty price tag, thanks to Tripster’s discounted rates.

Sink into relaxation in air-conditioned rooms equipped with modern amenities. Your entertainment is secured with a 42-inch flat-screen television offering cable programming.

Stay connected with wireless Internet access and pamper yourself in bathrooms featuring complimentary toiletries and hairdryers. Safety is assured with in-room safes, while spacious desks provide a comfortable workspace.

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Need to work while on vacation? No worries! You’ll have access to a range of conveniences, including a business center, express check-out, and complimentary weekday newspapers in the lobby.

However, the true highlight is the indoor pool on the top floor, offering a unique and tranquil retreat amidst the bustling cityscape of Chicago.

The Drake Hotel

140 E Walton Pl, Chicago, IL 60611

The Drake Hotel is one of Chicago’s iconic 4-star hotels nestled in the Gold Coast neighborhood. This historic Magnificent Mile hotel was built in 1920 and has played host to numerous luminaries, from Bing Crosby and Joe DiMaggio to Walt Disney and Marilyn Monroe.

The Drake is a mere 3-minute stroll from Oak Street Beach and just 1 mile from Navy Pier. This grand hotel offers elegantly appointed guest rooms, each adorned with deluxe bedding and marble bathrooms. Many of the rooms also feature breathtaking views of Lake Michigan.

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In-room entertainment includes a flat-screen HD TV with HBO and an iPod docking station. Guests can indulge in afternoon tea or cocktails at the charming Palm Court.

The hotel’s arcade level houses a variety of shops, and additional conveniences like a convenience store and foreign currency exchange services cater to guests’ needs.

Close up view of the pink neon sign that says "The Drake" in black letter font on top of The Drake Hotel in Chicago, Illinois, USA
photo credit: The Drake Hotel (140 E Walton Pl, Chicago) via Facebook

Save Big on Chicago Hotel Deals and Savings

Your search for “budget Chicago where to stay” ends here! You don’t have to break the bank to plan your dream trip to Chicago. Book cheap hotels that ensure your comfort and save big on your Chicago vacation!

Tripster offers deep discounts on already affordable Chicago hotels, making budget-friendly travel a reality. But it doesn’t end there–these discounts extend to more than just hotels.

With a Chicago Hotel Vacation package, you can explore the city’s attractions while enjoying budget-friendly accommodations. Choose your preferred Chicago attractions, pair them with a hotel of your choice, and let Tripster work its magic to provide you with the lowest online prices.

Here’s to an incredible way to experience Chicago without worrying about whether the hotel in Chicago costs you a fortune.

Chicago Cheap Hotels FAQs

Yes, Chicago offers a variety of budget hotels to suit different preferences. You can find well-rated hostels like the Freehand Chicago or the Chicago Getaway Hostel for a social atmosphere and affordable dorm-style accommodation.

Several chain hotels, like La Quinta Inn & Suites and Travelodge, also offer competitive rates.


While downtown Chicago can be expensive, consider staying in neighborhoods like Wicker Park, Bucktown, or Bridgeport.

These areas offer a vibrant atmosphere with trendy restaurants, shops, and bars while still being more affordable than the city center.

They also have good public transportation connections to easily access downtown attractions.

What Did We Miss?

Have any tips or cheap hotels in Chicago to share? Leave us a comment below!

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Written by Nicole King

There are only two things that make Nicole really happy–books and travel! When her head’s not buried in a book, she’s most likely...

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