Milan is one of Italy’s most dynamic cities, famous as a global fashion hub and home to iconic landmarks such as the Duomo Cathedral, Galleria Vittorio Emanuele II, and La Scala Opera House. Every year, millions of travelers come to Milan for its shopping districts, design fairs, and vibrant nightlife.
But Milan is also known for being expensive. Luxury hotels and high-end boutiques often dominate the city center, which can make budget-conscious travelers feel discouraged. The good news is that Milan also offers plenty of budget hotels, hostels, and guesthouses that combine comfort, affordability, and convenience.
In this guide, we’ll explore the best neighborhoods for affordable stays, highlight some of the most popular budget hotels in Milan, and share money-saving tips to help you make the most of your trip without overspending.
Why Choose a Budget Hotel in Milan?
Save money for fashion shopping, museums, and day trips.
Enjoy central locations without paying luxury rates.
Find variety — from trendy hostels to modern budget hotel chains.
Budget hotels in Milan are popular not only with students and backpackers but also with couples and families looking for value.
Best Areas for Budget Hotels in Milan
1. Stazione Centrale (Central Station)
One of the most convenient and budget-friendly areas in Milan. Hotels near Central Station offer easy access to trains, buses, and the metro, making it simple to explore the city or take day trips to nearby destinations like Lake Como and Verona.
2. Città Studi
Known as Milan’s university district, this area is lively, affordable, and filled with cheap restaurants and casual bars. Perfect for students and budget travelers.
3. Porta Romana
Trendy but slightly cheaper than the heart of the city. You’ll find boutique guesthouses and affordable B&Bs in this neighborhood.
4. Navigli District
Famous for its canals and nightlife, Navigli offers budget-friendly hostels and small hotels, especially if you book in advance.
Top 7 Budget Hotels in Milan
Here are some of the best options for affordable stays in Milan:
1. Ostello Bello
One of Milan’s most famous hostels, Ostello Bello offers dorms and private rooms. It has a lively social atmosphere, free dinner buffets, and excellent reviews.
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2. Hotel Demo
Located near Centrale Station, this simple hotel offers basic but comfortable rooms at affordable rates.
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3. B&B Hotel Milano Sant’Ambrogio
Part of a reliable budget hotel chain, offering clean, modern rooms with Wi-Fi and air conditioning included.
4. Hotel Eva
A no-frills, family-run hotel located in Porta Venezia. Great for travelers looking for simple and affordable accommodation.
5. MEININGER Hotel Milano Lambrate
A modern budget hotel with shared kitchens, game rooms, and easy metro connections.
6. Hotel America
Located near Porta Romana, Hotel America is family-friendly and one of the more affordable guesthouses in the city.
7. Ostelzzz Milano
A capsule-style hostel popular with young travelers who want a unique, budget-friendly experience in Milan.
Tips for Saving Money in Milan
Book Early: Prices in Milan rise sharply during Fashion Week and major trade fairs.
Stay Near Centrale Station: Hotels here are cheaper and well-connected.
Use Public Transport: Metro passes are affordable and cover most of the city.
Eat Smart: Avoid tourist-heavy areas like the Duomo square; explore Città Studi or Navigli for cheaper meals.
Consider Day Trips: Staying in Milan for 2–3 nights is often enough. Use the train system to explore nearby budget-friendly destinations.
Things to Do Near Budget Hotels
From Centrale Station: Take quick day trips to Lake Como, Bergamo, or Verona.
From Navigli: Enjoy the canals, street art, and affordable nightlife.
From Porta Romana: Visit Porta Romana baths and trendy cafés.
From Città Studi: Explore student bars, cheap trattorias, and lively piazzas.
Frequently Asked Questions (FAQ)
Q: How much does a budget hotel in Milan cost?
A: Budget hotels usually range from €40–€90 per night depending on the season and location.
Q: Is it cheaper to stay near the Duomo or Centrale Station?
A: Centrale Station is much cheaper while still providing easy metro access to the Duomo.
Q: Are hostels in Milan safe?
A: Yes, most hostels and budget hotels in Milan are safe and well-reviewed. Always check guest ratings before booking.
Q: What is the cheapest time to visit Milan?
A: November to February (excluding Christmas and New Year) usually has the lowest hotel prices.
Final Thoughts
Milan may be the fashion capital of Italy, but you don’t have to spend like a fashionista to enjoy it. From stylish hostels to affordable hotels near Central Station, Milan has plenty of budget-friendly stays that suit all kinds of travelers.
👉 Ready to book your trip? Discover the latest deals on budget hotels in Milan and start planning your affordable stay in Italy’s fashion hub.