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The Best Bang-For-Your-Buck Hotels in Tokyo

Paul Feinstein | July 09, 2018

Tokyo has a reputation for being an extremely expensive city – and rightly so. Some hotel rooms run in the quadruple digits. But if you know where to look, there are great deals hidden in plain sight. Here are some of the best budget conscious accommodations in town.

#7

Hotel Monterey Ginza

Why it made the list

This no-frills hotel is set in the middle of the posh shopping streets of Ginza. With high end boutiques and Michelin-starred restaurants all around, this area can get pricey. But at this hotel, you can expect clean and not-too-small rooms between $125-$175. You won’t beat that price for this area.

The façade of this budget-friendly hotel looks European, but Read More

#6

Book and Bed Asakusa

Why it made the list

Part hostel, part library, Book and Bed is exactly what it says it is – there are books and there are beds. One long corridor is flanked by bookshelves that have curtained off areas for sleeping. Depending on the night of the week and season of the year, you could pay as low as $40.

Don't get confused by this hostel's name. There are books. T Read More

#5

Moxy Tokyo Kinshicho

Why it made the list

This affordably priced lifestyle hotel caters to budget-conscious guests in a number of ways. Rooms are around $100-$150 and there is a bevy of free or cheap amenities both in the rooms and the lobby area. The bar is open 24-hours and there are video games and nightly DJs to keep you entertained.

Cool and eclectic, Moxy prides itself on being a lifestyle b Read More

#4

Wired Hotel Asakusa

Why it made the list

Set in the heart of Asakusa (old world Tokyo), Wired has accommodations that range from dorm rooms with shared baths to giant suites. The cheapest rooms you’ll find are around $100 – but the rooms are quite small.

A modern hotel inside a traditional neighborhood, Wired embr Read More

#3

Sumisho Hotel

Why it made the list

Part hotel, part traditional ryokan, Sumisho is a quaint accommodation on a quiet street that’s still walking distance to many Tokyo attractions. You’ll pay between $100-$150 depending on room type and with that you’ll get small en-suite bathrooms, yukata pajamas, and access to their own onsen (Japanese baths).

This part hotel part ryokan is great for budget-conscious tr Read More

#2

Ryokan Katsutaro

Why it made the list

For a truly authentic Japanese experience, you have to stay in a ryokan, or Japanese Inn. These accommodations have tatami mat floors, rolled up futons, onsen baths, and a variety of other uniquely Japanese amenities. For a room with its own bathroom at Ryokan Katsutaro, you can expect to pay between $125-$150.

Close to major attractions in Ueno, this simple and authenti Read More

#1

Park Hotel Tokyo

Why it made the list

Though it may be on the higher end of this particular list, the Park Hotel prices are on the low side for high(er) end accommodations. Rooms run in the low $200s but in off-season can get even less. Keep in mind that you’re walking distance to great shopping, dining, drinking, and attractions and there’s a subway station attached downstairs.

Affordable and spacious, this design-friendly hotel is an ar Read More

  • 7. Hotel Monterey Ginza
    2–10–2 Ginza, Chuo-Ku,Tokyo,Japan,104-0061
  • 6. Book and Bed Asakusa
    16-9 2-Chome Kaminarimon Taito,Tokyo,Japan,111-0034
  • 5. Moxy Tokyo Kinshicho
    3-4-2 Kotobashi, Sumida-ku,Tokyo,Japan,130-0022
  • 4. Wired Hotel Asakusa
    2-16-2 Asakusa, Taito-ku,Tokyo,Japan,111-0032
  • 3. Sumisho Hotel
    9–14 Nihombashi-Kobunacho,Tokyo,Japan,103-0024
  • 2. Ryokan Katsutaro
    4–16–8 Ikenohata,Tokyo,Japan,110-0008
  • 1. Park Hotel Tokyo
    1–7–1 Higashi Shimbashi, Minato-ku,Tokyo,Japan,105-7227

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