The Best Hostels for Backpackers, Students, and Budget Travellers in Panama.

The Best Hostels for Backpackers, Students, and Budget Travellers in Panama.
Panama City | Bocas del Toro | Boquete

Panama continues to grow in popularity with all types of travelers. It offers a very unique and diverse experience for visitors. There are impressive natural settings, nice beaches, and islands where you can party, snorkel, or scuba dive. Panama City offers glitz and glamour alongside history and culture.

Panama is not a particularly expensive travel destination and affordable accommodation is relatively easy to find. There are hostels in most popular destinations and each hostel has its own style and characters. Whether you're traveling alone or as a group, a hostel can be a fun and affordable place to stay.
How much do hostels in Panama cost?

You can find our comprehensive analysis of all hostel prices in Panama here. We've found the average prices of dorms and private rooms, as well as the typical prices of hostels with various amenities, too.



An affordable and quiet hostel for backpackers and students in Panama City, Panama.

Dorm Bed from $18.00
Private Room from $23.00
Overall Rating: 91%
Calle 8va and Calle Boquete, Casco Viejo, Panama City
Magnolia Inn is conveniently located in the middle of the old town, Casco Viejo. The neighborhood is charming and there is a lot of historic character in the area. The hostel is located in a restored French colonial house and it retains much of its character. There are also a variety of modern conveniences available including comfortable beds, wi-fi, and air conditioning.

Although the hostel is relatively quiet, there are several common areas where guests can hang out and chat. There's also a full kitchen available and a dining room where you can enjoy your meals.

If you want to stay somewhere comfortable and in the middle of everything, then Magnolia Inn is a good option for budget travelers.


An affordable and fun hostel for backpackers, solo travellers, and groups of friends in Bocas del Toro, Panama.

Dorm Bed from $15.84
Private Room from $18.48
Overall Rating: 95%
Isla Solarte, Bocas del Toro
Bambuda Lodge is a fun and social place to stay. If you're looking for a cool setting and a fun environment then this is a great hostel. It is a bit secluded, so you'll end up eating a lot of meals at the hostel and this can get a bit expensive. Even so, it's reasonably priced and is a nice place to stay.

The hostel also has a large pool, an on-site bar, and a restaurant. There are lots of places where you can hang out with other guests and the staff can help you organize all kinds of activities including snorkeling and hiking.

The hostel has dorms that sleep up to ten people as well as double, twin, and three bed private rooms.


A quiet and affordable hostel for backpackers, students, and budget travellers in Boquete, Panama.

Private Room from $6.50
Milla 3, David-Boquete Road Alto Boquete (afrente el seminario casa 4928), Boquete
La Jungla Experience is a nice option for budget travelers who want a relaxing and comfortable place to stay. The hostel is located outside of Boquete's city center, but they do have free transportation into town once a day and cheap taxis anytime. There are also bicycles available that guests can use for free. This is a quiet place to stay with comfortable beds, friendly staff, and a welcoming setting. There's a library, hammocks, and a full shared kitchen.

The staff can help you organize a tour to Los Cangilones de Gualaca, as well as other trips in the area. The hostel has dorms that sleep up to eight people and private twin rooms for visitors who want a little more personal space.


Dorm Bed from $16.00
Private Room from $16.00
(Prices vary by season)
Overall Rating: 100%
Calle 4ta Isla Colon, Bocas del Toro
Spanish by the Sea - Bocas is very popular due to the atmosphere, great location, and long list of amenities. It features friendly service and board games. When it's time to eat, it's also nice because there's free breakfast and self-catering facilities. Wi-fi, laundry facilities, towels included, and internet access are also on the list to make sure your stay is very comfortable.


Dorm Bed from $23.00
Private Room from $12.00
(Prices vary by season)
Overall Rating: 100%
Guarumal Caimitillo Panama main St. house 27, Panama City
This terrific hostel offers friendly service, a bar, bicycle hire, and a common room. The good location and overall vibe also make it very popular. When it's time to eat, it's also nice because there's free breakfast and a cafe. Wi-fi, laundry facilities, 24 hour reception, parking, towels included, internet access, and a mini-supermarket are also on the list to make sure your stay is very comfortable.


Private Room from $34.50
(Prices vary by season)
Overall Rating: 100%
Avenida E Norte, Isla Colon, Bocas del Toro
This terrific hotel offers friendly service. The good location and overall vibe also make it very popular. Wi-fi, towels included, internet access, air conditioning, and housekeeping are also on the list to make sure your stay is very comfortable.


Private Room from $22.50
(Prices vary by season)
Overall Rating: 99%
Calle de los Laureles Big Creek, Bocas del Toro
This terrific hotel offers friendly service and cable tv. The good location and overall vibe also make it very popular. Wi-fi, luggage storage, 24 hour reception, parking, towels included, air conditioning, and housekeeping are also on the list to make sure your stay is very comfortable.


Private Room from $11.25
(Prices vary by season)
Overall Rating: 97%
Avenida Belisario Porras Frente a la Policia Bajo, Boquete
You'll love this hotel because of it's good location and quality amenities. It features friendly service and cable tv. When it's time to eat, it's also nice because there's free breakfast. Wi-fi, laundry facilities, 24 hour reception, parking, towels included, internet access, and housekeeping are also on the list to make sure your stay is very comfortable.
Share This Article
More Accommodation Options

Check these out other nearby places to stay.

Share This Page
Pin This Page
The Best Hostels for Backpackers, Students, and Budget Travellers in Panama. | Budget Your Trip

Some of the links on this website are sponsored or affiliate links which help to financially support this site. By clicking the link and making a purchase, we may receive a small commission, but this does not affect the price of your purchase.