London, the vibrant capital of England, is a dream destination for many travellers. However, the city’s reputation for being expensive can often deter budget-conscious travellers. But fear not, for London also offers a plethora of affordable accommodations that won’t break the bank.
Whether you seek charming hostels or cosy guesthouses, this compilation ensures a delightful stay without breaking the bank. So, if you plan a trip to this magnificent city on a budget, read on to discover the perfect place to rest your weary head. Here is the list of 8 best cheap accommodations in London below RM300.
Are There Any Budget-Friendly Activities You Can Do in London?
London offers various budget-friendly activities that allow you to experience the city’s charm without spending a fortune. Here are some of the things you can do:
1. Stroll along the parks
Explore iconic parks like Hyde Park, Regent’s Park, and Kensington Gardens for strolls and picnics. Immerse yourself in the tranquil surroundings, where lush greenery and picturesque landscapes create the perfect escape from the bustling city life.

2. Visit museums and galleries

Take advantage of London’s free museums and galleries, such as the British Museum, the National Gallery, and the Tate Modern, offering free entry to their permanent collections. Immerse yourself in art, history, and culture without spending money.
3. Explore markets

Discover vibrant markets throughout the city, including Camden Market and Borough Market, for diverse offerings in food, drinks, and unique products. Enjoy the lively atmosphere and indulge in delicious street food while supporting local businesses.
How to Find Cheap Accommodations in London?
Finding cheap accommodations in London can be daunting, but with a few tips, you can secure a comfortable stay without breaking the bank. Check out some tips you can consider when finding cheap accommodation before travelling to London:
1. Use Price Comparison Websites

Utilise online platforms such as Booking.com, Expedia, or Trivago to compare prices across various accommodations. These websites often offer discounts and special deals, helping you find the best value for your budget.
2. Book in Advance
Plan your trip well in advance and take advantage of early booking discounts. Accommodations generally offer better rates for reservations made ahead of time, especially during peak travel seasons.
3. Flexible Dates and Off-Peak Travel
Be flexible with your travel dates. Prices can vary significantly depending on the time of year and day of the week. Consider travelling during off-peak seasons to take advantage of lower accommodation rates.
Read on to discover essential items when travelling to your dream destination:
8 Best Cheap Accommodations Below RM300 in London 2025
1. Wombat’s City Hostel London


Wombat’s City Hostel London is a fantastic choice for budget travellers looking for a comfortable and sociable place to stay. Located in the heart of the city, this hostel offers a range of room options, including dormitories and private rooms. The hostel features a vibrant common area where guests can mingle, play games, or relax after a day of exploring. The staff is known for their friendliness and helpfulness, ensuring a pleasant stay for all guests. With its central location and affordable prices, Wombat’s City Hostel London is a top choice for budget-conscious travellers.
What makes it unique:
- Situated in the heart of the city
- A range of room options
- Helpful staff
Address: 7 Dock St, London E1 8LL, United Kingdom
Phone No: +44 20 7680 7600
Google Reviews: Here
Price Per Night: RM240
*Prices may vary at the time of purchase
2. Premier Inn London Stratford Hotel


Located in the vibrant neighbourhood of Stratford, the Premier Inn London Stratford Hotel offers pocket-friendly comfort without compromising quality. The rooms are modern, clean, and equipped with all the amenities for an unforgettable stay. The hotel’s convenient location provides easy access to popular attractions such as the Queen Elizabeth Olympic Park and Westfield Stratford City Shopping Centre. With its comfortable rooms and excellent service, Premier Inn London Stratford Hotel is a great option for travellers on a budget.
What makes it unique:
- Comfortable environment
- Equipped with various amenities
- Easy access to Queen Elizabeth Olympic Park
Address: 9, International Square, Westfield Stratford City, Montfichet Rd, London E20 1EE, United Kingdom
Phone No: +44 333 321 9225
Google Reviews: Here
Price Per Night: RM282
*Prices may vary at the time of purchase
3. YHA London Central Hostel


YHA London Central Hostel is one of the excellent choices for those seeking bargain accommodation. Situated near Oxford Street, this hostel provides different types of rooms, including private rooms and dormitories, so you can choose based on your budget. The hostel boasts a stylish and modern design, with clean and well-maintained facilities. The staff is known for their friendly and helpful nature, ensuring a pleasant stay for all guests, making it easier for you to ask for any enquiries.
What makes it unique:
- Well-maintained facilities
- Modern design
- Friendly staff
Address: 104 Bolsover St, London W1W 5NU, United Kingdom
Phone No: +44 345 371 9154
Google Reviews: Here
Price Per Night: RM292
*Prices may vary at the time of purchase
4. Palmers Lodge Swiss Cottage


If you are looking for accommodation with a touch of elegance, Palmers Lodge Swiss Cottage is just the charming and right one for you. Housed in a beautiful Victorian building, the hostel features spacious and tastefully decorated rooms. The common areas exude a homey and inviting atmosphere, perfect for socialising or unwinding after a day of exploring. The hostel’s staff is known for their warm hospitality and willingness to go the extra mile. With its economical price, charm, and amazing service, Palmers Lodge Swiss Cottage is a hidden gem for all travellers.
What makes it unique:
- In a beautiful Victorian building
- Suitable for socialising
- Spacious room
Address: 40 College Cres, South Hampstead, London NW3 5LB, United Kingdom
Phone No: +44 20 7483 8470
Google Reviews: Here
Price Per Night: RM248
*Prices may vary at the time of purchase
5. Travelodge London Brent Cross


Travelodge London Brent Cross is ideal for budget travellers seeking comfortable accommodation outside the bustling city centre. Being near Brent Cross Shopping Centre, this hotel offers polished and modern rooms at great prices. The hotel also provides all the amenities for a pleasant stay, including comfortable beds, en-suite bathrooms, and complimentary Wi-Fi. The convenient location allows trouble-free access to central London via public transportation.
What makes it unique:
- Perfect for a quiet stay
- Has complimentary Wi-Fi
- Quick access to central London
Address: Denmark House, Edgware Rd, London NW9 7BW, United Kingdom
Phone No: +44 871 984 6531
Google Reviews: Here
Price Per Night: RM188
*Prices may vary at the time of purchase
6. Green Rooms


Green Rooms London is a unique accommodation option combining low prices and creativity. This arts-focused hotel welcomes guests with its vibrant and eclectic atmosphere. The rooms are simple yet stylish, with artistic touches that add charm to the space. The hotel features an on-site bar and restaurant, perfect for enjoying a drink or a delicious meal. The staff is known for their creativity and passion for the arts, creating a memorable experience for guests. Green Rooms London is the place to be if you’re seeking an affordable yet artistic stay in London.
What makes it unique:
- Arts-focused hotel
- Simple yet stylish
- Has an on-site bar and restaurant
Address: Green Rooms, 13-27 Station Rd, London N22 6UW, United Kingdom
Phone No: +44 20 8888 5317
Google Reviews: Here
Price Per Night: RM245
*Prices may vary at the time of purchase
7. hub by Premier Inn London Shoreditch


hub by Premier Inn London Shoreditch is a top choice for budget travellers looking to explore the hip side of London. Located in the trendy neighbourhood of Shoreditch, this hotel provides compact yet comfortable rooms with all the necessary amenities. The hotel’s high-tech features, such as an app-controlled room and a virtual concierge, add a touch of innovation to the stay. The surrounding area is known for its vibrant nightlife, eclectic street art, and trendy bars and restaurants.
What makes it unique:
- Located in a trendy neighbourhood
- Designed with an app-controlled room
- Known for its vibrant nightlife
Address: Quaker St, London E1 6SN, United Kingdom
Phone No: +44 333 003 8101
Google Reviews: Here
Price Per Night: RM273
*Prices may vary at the time of purchase
8. St Christopher’s Inn London Bridge: The Inn


Situated near the iconic Tower Bridge, St Christopher’s Inn London Bridge: The Inn offers reasonable-priced accommodation with a vibrant and social atmosphere. The hostel features a lively bar and common area, perfect for meeting fellow travellers and enjoying a drink or two. The rooms are clean, comfortable, and equipped with all the amenities you need. The staff is known for their friendliness and helpfulness, ensuring a memorable stay for all guests.
What makes it unique:
- Near the iconic Tower Bridge
- Features a bar and a common area
- Suitable for social gatherings
Address: 121 Borough High St, London SE1 1NP, United Kingdom
Phone No: +44 20 7407 2392
Google Reviews: Here
Price Per Night: RM267
*Prices may vary at the time of purchase
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Disclosure: This list was compiled by the team at My Weekend Plan after extensive research and shared opinions to suggest helpful recommendations for the public. The sequence of brands is in no particular order so if you have any other great suggestions too, please email us support@myweekendplan.asia. For more information, kindly refer to our copyright, privacy & disclosure policy.