Toronto Budget hotels

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Booking Insights
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Best Toronto budget hotels

Most recommended Toronto budget hotels

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Booking Insights

KAYAK’s insights for budget hotels in Toronto

Discover seasonal trends, ideal booking windows, and other data-driven tips to plan your stay in Toronto with confidence.

How much does a budget hotel room in Toronto cost?

The average price for a budget hotel in Toronto is $292 but this can vary depending on the season, the star rating of the hotel and when you’ve booked. In the last 7 days, the cheapest price found on KAYAK was $149.

Which month has the cheapest rates for budget hotels?

Budget hotels in Toronto are cheapest in April, with an average rate of $204. On the other hand, they are at their most expensive in September, where the average price is $423.

What is the cheapest day of the week to book a budget hotel in Toronto?

The lowest prices can usually be found on Monday, where the average nightly price is $135. The most expensive night is generally Wednesday, where the average price is $626.

Which neighbourhood do KAYAK users most love to book their budget hotel in Toronto?

The most popular neighbourhood in Toronto among KAYAK users to search for a budget hotel is Downtown, with an average price of $310. Fairmont Royal York, Chelsea Hotel Toronto, and Sheraton Centre Toronto Hotel rank among the highest-rated hotels in Downtown.

How much is a budget hotel in Toronto for tonight?

The best deal for a 3-star budget hotel room in Toronto found by KAYAK users in the last 3 days was $113, while a 4-star budget hotel the lowest price was $129. The cheapest room found overall was for $126.

How much is a budget hotel in Toronto for this weekend?

The cheapest budget hotel room in Toronto for the upcoming weekend found on KAYAK in the last 3 days was for $157 per night. For the same dates, 3-star budget hotel rooms have been found for as low as $105 per night and 4-star budget hotel rooms from $133 per night.

Good to know

Low season

High season

Average price (weeknight)

Average price (weekend night)

Lowest hotel price

April
September
$301
$446
$48
Cheapest month to stay with an average 33% drop in price.
Most expensive month to stay with an average 38% rise in price.
Average Sun - Thu price over the last 2 weeks.
Average Fri & Sat price over the last 2 weeks.
The cheapest budget hotel room rate in the last 7 days

KAYAK's top tips for finding Toronto budget hotel deals

  • Prices for budget hotels in Toronto are cheaper in the low season, which is in April and August.
  • Budget room prices can vary depending on different factors. However, generally rooms cost less on a Monday. The most expensive night for a stay is Wednesday.
  • The cheapest budget hotel room in Toronto found on KAYAK in the last 2 weeks was $171. The most expensive cost $388.

FAQs about Toronto budget hotels

Where to stay in a budget hotel in Toronto?

Our map will help you find the perfect place to stay in Toronto by showing you the exact location of each hotel.

Everything you need to know for your stay in Toronto

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