Staysyok – Penang, known for its rich cultural heritage and breathtaking scenery, is a top destination for travelers worldwide.

Whether you’re visiting for its street food, historical landmarks, or pristine beaches, finding affordable accommodation can make your trip even more enjoyable.

This guide will highlight 10 cheap hotels in Penang that combine affordability and comfort, ensuring you get the best value for your money.

What Are Cheap Hotels?

Cheap hotels, also known as budget-friendly accommodations, offer reasonably priced stays without compromising basic amenities.

These hotels cater to travelers seeking affordable options while ensuring comfort and convenience. Key features of cheap hotels often include:

1. Strategic Location – Close to tourist attractions, public transportation, or city centers.
2. Affordable Rates – Competitive prices suitable for budget-conscious travelers.
3. Essential Amenities – Free Wi-Fi, clean rooms, and complimentary breakfast are common offerings.

Top 10 Cheap Hotels in Penang

Here’s a detailed look at the top 10 cheap hotels in Penang, tailored to meet the needs of budget-conscious travelers.

1. Red Inn Court

Red Inn Court exudes a charming blend of simplicity and heritage, nestled within a refurbished colonial shophouse that reflects Penang’s rich cultural history.

The atmosphere is relaxed yet vibrant, often buzzing with friendly backpackers swapping travel stories in the common areas.

The interiors feature warm wooden accents and minimalist decor, creating a homely yet modern vibe. What sets it apart is its focus on eco-conscious travel, with thoughtful touches like recycling stations and energy-efficient facilities.

Beyond just a place to sleep, Red Inn Court offers a unique opportunity to soak in Penang’s heritage while meeting like-minded travelers.

• Location: Heart of George Town, close to UNESCO heritage sites.
• Features:
  • Hostel-style setup with cozy private rooms and dormitories.
  • Shared lounge area with a friendly, social atmosphere.
  • Complimentary breakfast and free Wi-Fi.
• Who It’s Best For: Solo travelers and backpackers.
• Price: Starts at $10 per night.
• Highlights: Proximity to major attractions like Little India and Pinang Peranakan Mansion.

2. Container Hotel Penang

Container Hotel Penang stands out with its innovative design, featuring stylish rooms built from repurposed shipping containers. The vibrant and modern ambiance, combined with its eco-friendly concept, creates a unique and memorable stay.

Conveniently located near Penang’s famous food hubs, it’s perfect for travelers seeking affordability without compromising on style or convenience.

• Location: Near Chulia Street, surrounded by Penang’s bustling food scene.
• Features:
  • Innovative container-style rooms with modern interiors.
  • Eco-friendly concept and minimalist design.
  • Essential amenities such as Wi-Fi, air conditioning, and a shared kitchen.
• Who It’s Best For: Travelers looking for a unique stay.
• Price: Starts at $20 per night.
• Highlights: Stylish yet affordable, perfect for Instagram-worthy photos.

3. Old Penang Guesthouse

Old Penang Guesthouse offers a nostalgic charm with its beautifully restored heritage shophouse setting.

The cozy interiors are adorned with vintage decor, blending traditional elements with modern comforts. Its warm, homely ambiance invites travelers to relax while immersing themselves in Penang’s rich history.

Located in the heart of George Town, it’s an ideal choice for those who appreciate culture and convenience at an affordable price.

• Location: George Town, in a historical shophouse building.
• Features:
  • Traditional decor with a cozy and homely vibe.
  • Complimentary breakfast and free use of bicycles.
  • Clean, simple rooms with shared or private bathrooms.
• Who It’s Best For: History enthusiasts and cultural explorers.
• Price: Starts at $15 per night.
• Highlights: Walking distance to iconic murals and Penang Street Art.

4. Tune Hotel George Town

Tune Hotel George Town is a popular choice for travelers seeking cheap hotels in Penang that combine affordability with reliable quality.

The hotel offers compact, air-conditioned rooms designed for comfort, along with essential amenities like free Wi-Fi and 24-hour security.

Its strategic location near Komtar and popular shopping areas makes it ideal for exploring the city, while its clean and modern design ensures a pleasant stay without breaking the budget.

• Location: Central George Town, close to Komtar and shopping malls.
• Features:
  • Compact yet comfortable rooms with air conditioning.
  • Reliable facilities such as 24-hour security and luggage storage.
  • Affordable pricing without sacrificing quality.
• Who It’s Best For: Budget travelers who value cleanliness and convenience.
• Price: Starts at $25 per night.
• Highlights: Well-known for consistent service across its chain hotels.

5. The Frame Guesthouse

The Frame Guesthouse is a minimalist gem among cheap hotels in Penang, housed in a refurbished historical building that once served as a frame-making workshop.

Its sleek and modern interiors, featuring open spaces and wooden accents, create a tranquil atmosphere perfect for relaxation.

Located in George Town, it’s within walking distance of local markets and cultural landmarks, making it a favorite for budget-conscious travelers seeking both style and convenience.

• Location: George Town, close to Campbell Street Market.
• Features:
  • Minimalist decor with open spaces and wooden accents.
  • Quiet atmosphere ideal for relaxation.
  • Options for dormitory beds or private rooms.
• Who It’s Best For: Couples and travelers seeking a peaceful retreat.
• Price: Starts at $18 per night.
• Highlights: Blend of simplicity and sophistication at a low cost.

6. Ryokan Muntri Boutique Hostel

Ryokan Muntri Boutique Hostel is a unique blend of Japanese-inspired design and modern comfort, standing out among cheap hotels in Penang.

Located on the historic Muntri Street, it offers sleek dormitories and private rooms with minimalist decor and thoughtful amenities.

The hostel’s cozy common areas and complimentary breakfast foster a friendly, social atmosphere, making it a top choice for young travelers and groups exploring the heart of George Town.

• Location: Muntri Street, surrounded by historical sites.
• Features:
  • Boutique-style hostel offering dorm beds and private rooms.
  • Japanese-inspired design with sleek, modern furnishings.
  • Free breakfast and community activities for guests.
• Who It’s Best For: Young travelers and groups.
• Price: Starts at $12 per night.
• Highlights: Affordable luxury with a focus on socializing.

7. Roomies Suites

Roomies Suites is a modern boutique guesthouse situated just steps away from the beaches of Batu Ferringhi. With its stylish and spacious rooms, this guesthouse offers a comfortable retreat for beach lovers and families.

Guests can enjoy personalized service, a relaxed ambiance, and easy access to local attractions, including night markets and water sports activities, making it an ideal choice for a laid-back getaway.

• Location: Batu Ferringhi, just steps away from the beach.
• Features:
  • Modern guesthouse with spacious, stylish rooms.
  • Proximity to night markets and seaside activities.
  • Personalized service with friendly staff.
• Who It’s Best For: Beach lovers and families.
• Price: Starts at $30 per night.
• Highlights: Perfect for those who want to enjoy Penang’s coastal charm.

8. Chulia Mansion

Chulia Mansion combines affordability with a touch of luxury, offering guests a cozy stay in the heart of George Town.

This budget-friendly hotel features well-appointed rooms, a complimentary breakfast, and a rooftop bar with stunning city views.

Its central location on Chulia Street makes it perfect for exploring Penang’s vibrant culture, while thoughtful extras like evening snacks and free Wi-Fi ensure a comfortable and memorable stay.

• Location: George Town, on the famous Chulia Street.
• Features:
  • Affordable hotel with premium touches like a rooftop bar.
  • Complimentary breakfast and evening snacks.
  • Free Wi-Fi, air conditioning, and laundry services.
• Who It’s Best For: Couples and small families.
• Price: Starts at $28 per night.
• Highlights: Enjoy panoramic views of the city from the rooftop.

9. 118 Hotel Macalister

118 Hotel Macalister is a family-friendly hotel located near Penang’s famous food streets, offering modern and spacious rooms at an affordable price.

Its prime location provides easy access to popular hawker centers and local attractions, making it a favorite among foodies and travelers looking to experience Penang’s vibrant culinary scene.

With clean, comfortable accommodations and convenient amenities, it’s an excellent choice for those seeking value and accessibility.

• Location: Macalister Road, near famous food streets like New Lane.
• Features:
  • Spacious rooms with family-friendly layouts.
  • Modern amenities like flat-screen TVs and air conditioning.
  • Easy access to Penang’s street food and hawker centers.
• Who It’s Best For: Families and foodies.
• Price: Starts at $22 per night.
• Highlights: Conveniently located near the heart of Penang’s culinary scene.

10. Lang Hoose Penang

Lang Hoose Penang is a standout option among cheap hotels in Penang, offering a unique stay in a beautifully restored heritage building.

With its rustic charm, wooden floors, and vintage decor, this hotel immerses guests in the historical essence of George Town.

The rooftop terrace provides a relaxing space with scenic views, making it an ideal choice for travelers seeking both affordability and an authentic cultural experience in the heart of Penang.

• Location: George Town, within a heritage building.
• Features:
  • Rustic charm with wooden floors and vintage decor.
  • Rooftop terrace for relaxation or social gatherings.
  • A blend of historical ambiance with modern facilities.
• Who It’s Best For: Travelers seeking a unique, heritage experience.
• Price: Starts at $20 per night.
• Highlights: Ideal for those who appreciate historical architecture.

Penang offers a wide range of cheap hotels that cater to every traveler’s needs. Whether you prioritize location, ambiance, or unique experiences, this list ensures you’ll find an option that suits your budget.

Start your Penang adventure by booking one of these affordable hotels and make the most of your visit in 2025!

Why Choose Cheap Hotels in Penang?

Staying in cheap hotels in Penang allows you to allocate more of your budget to explore its attractions, savor its world-famous street food, and immerse yourself in its vibrant culture.

Additionally, many of these hotels are strategically located, making it easier to access popular sites such as George Town, Batu Ferringhi, and Kek Lok Si Temple.

Conclusion

Traveling to Penang on a budget doesn’t mean sacrificing comfort. These cheap hotels in Penang provide affordable yet quality accommodations, allowing you to enjoy your trip without breaking the bank.

Whether you prioritize location, unique experiences, or simple comfort, this list ensures a stay that meets your needs.

Start planning your trip today, and book early to secure the best deals!