Skip to content
Hotelier's Choice

Last updated: July 2026

Ho Chi Minh City — Traveler Guide

Best Budget Hotels in Ho Chi Minh City

Discover the best budget hotels in Ho Chi Minh City — handpicked by our team of expert reviewers who visit every property anonymously. From design-driven boutiques to grand dames, here are the stays worth booking in 2026.

The Reverie Saigon

★ Our top pick

The Reverie Saigon

★ 9.6 Exceptional · District 1

Check availability
Best Budget Hotels in Ho Chi Minh City

Quick Answer

The Best Budget Hotels in Ho Chi Minh City at a Glance

  1. 1. The Reverie Saigon · District 1 · ★ 9.6 Exceptional
  2. 2. Caravelle Saigon · District 1 · ★ 9.2 Superb
  3. 3. The Myst Dong Khoi · District 1 · ★ 9.1 Superb
  4. 4. Hotel Nikko Saigon · District 1 · ★ 9.0 Superb
  5. 5. Liberty Central Saigon · District 1 · ★ 8.6 Excellent

5 hotels reviewed · Price range: $$$, $$$$, $ · Last updated July 2026

Our Picks

Best Budget Hotels in Ho Chi Minh City

5 hotels · Updated July 2026

The Reverie Saigon — District 1
1 $$$$ Ultra-luxury
★ 9.6 Exceptional

The Reverie is the most extravagant hotel in Vietnam — an Italian-designed spectacular of Murano glass chandeliers, hand-woven silk headboards, and onyx-lined bathrooms that makes no apologies for its baroque maximalism. The rooftop Times Square bar and R&J Italian restaurant are genuine Saigon institutions.

  • District 1
  • Luxury
  • Design
  • Views
  • Romance
Check Availability

★ 9.6 Hotelier's Choice score, 40+ criteria · Many rooms include free cancellation

Caravelle Saigon — District 1
2 $$$ Upscale
★ 9.2 Superb

The Caravelle is living history — foreign correspondents sheltered in its rooms during the Vietnam War while Saigon Bar on the rooftop became legendary. Beautifully restored and expanded, it remains HCMC's most storied address with its heritage tower and modern Signature Wing complementing each other.

  • District 1
  • Historic
  • Luxury
  • Cultural
  • Views
Check Availability

★ 9.2 Hotelier's Choice score, 40+ criteria · Many rooms include free cancellation

The Myst Dong Khoi — District 1
3 $$$ Upscale
★ 9.1 Superb

The Myst sits on the storied Dong Khoi Street in a handsomely designed tower with rooftop pool, craft cocktail bar, and some of the best views over the colonial streetscape available at a price that significantly undercuts its immediate neighbours.

  • District 1
  • Boutique
  • Design
  • Views
  • Value
Check Availability

★ 9.1 Hotelier's Choice score, 40+ criteria · Many rooms include free cancellation

Hotel Nikko Saigon — District 1
4 $$$ Upscale
★ 9.0 Superb

Hotel Nikko brings Japanese precision and genuine warm service to the HCMC luxury market — its 334 rooms are immaculately maintained, the Nagomi Spa is outstanding, and Benkay Japanese restaurant serves some of the city's most authentic and precisely executed Japanese cuisine.

  • District 1
  • Luxury
  • Wellness
  • Foodie
  • Business
Check Availability

★ 9.0 Hotelier's Choice score, 40+ criteria · Many rooms include free cancellation

Liberty Central Saigon — District 1
5 $ Budget-friendly
★ 8.6 Excellent

Liberty Central is the smartest budget-to-mid option in D1 — its rooftop bar delivers 360-degree Saigon views, rooms are clean, bright, and well-equipped, and the Ben Thanh Market location puts everything within walking distance at rates that the colonial-era flagships charge for breakfast.

  • District 1
  • Value
  • Views
  • Nightlife
Check Availability

★ 8.6 Hotelier's Choice score, 40+ criteria · Many rooms include free cancellation

About This Guide

Ho Chi Minh City offers a remarkable range of budget accommodation options. Whether you're visiting for the first time or returning, the right hotel makes all the difference. Our budget picks balance location, design, service, and value — every property on this list has been personally vetted by our review team.

Insider Tips

  • 1

    Book at least 2-3 months ahead for peak season stays in Ho Chi Minh City.

  • 2

    Consider staying slightly outside the main tourist zone for better value — many of Ho Chi Minh City's best hotels are in residential neighborhoods.

  • 3

    Always check the hotel's cancellation policy before booking, especially during high season.

  • 4

    Ask the front desk for local restaurant recommendations — hotel concierges in Ho Chi Minh City often have excellent taste.

  • 5

    If you're visiting for the first time, a central location is worth the premium — you'll save on transport and have more time to explore.

Common Questions

Frequently Asked Questions

What is the best budget hotel in Ho Chi Minh City?

Based on our anonymous reviews, Hotel Nikko Saigon stands out as the top budget choice in Ho Chi Minh City for 2026, offering exceptional quality in its category.

When is the best time to visit Ho Chi Minh City?

November to April is Ho Chi Minh City's dry season — warm, sunny, and the best time to explore the city and surrounding Mekong Delta. The wet season (May–October) brings afternoon thunderstorms that clear quickly, and the city remains very active. December to January sees temperatures at their most comfortable.

How much do budget hotels cost in Ho Chi Minh City?

Prices vary significantly by season and location. Budget options start around $80-120/night, mid-range runs $150-300, and luxury properties command $400+.

Ready to book Ho Chi Minh City?

Prices and availability change daily. Lock in the best rate by booking early — most of our top picks offer free cancellation.

View All Ho Chi Minh City Hotels

Budget Hotels in Other Cities

Explore budget hotels in more destinations

More Ho Chi Minh City Hotel Guides

Back to all Ho Chi Minh City hotels

Traveling on a budget?

Best-rated Ho Chi Minh City hotels:Under $150Under $300Under $500