Updated: 2026
Under $150/nightFinding a great hotel in Lima under $150 per night is easier than you think. We've curated 3 hand-picked budget-to-value properties that deliver genuine quality at this price point — ideal for budget travellers, short city breaks, and families looking to stretch their travel budget without sacrificing comfort. Every hotel on this list has been selected for its location, guest ratings, and value for money in 2026.
Hand-curated for quality and value. Updated 2026.
Miraflores
The AC Hotel's minimalist European design approach translates beautifully to Lima — a sleek, contemporary alternative for travellers who want design credibility and a central Miraflores location without the grand hotel price tag.
Miraflores
A thoughtfully designed boutique hotel in the heart of Miraflores that punches well above its rate class — with individually decorated rooms, a roof terrace, and the kind of personal service that makes even short stays feel genuinely memorable.
Barranco
A lovingly restored 20th-century mansion in the heart of Barranco, Casa Republica is the district's most charming guesthouse alternative — with painted wooden ceilings, a courtyard garden, and an atmosphere of Peruvian artistic heritage that larger hotels cannot manufacture.
Explore by price range or browse all our curated picks.
Yes — the hotels on this page all fall within the Under $150/night range and offer genuine quality at this price point. You can expect clean, comfortable rooms with reliable amenities. In many cities, the budget-to-value segment represents excellent value, especially when you choose properties in well-connected neighborhoods.
At this price range in Lima, you'll typically find well-maintained rooms, helpful staff, and good transport links. Many budget-to-value hotels include breakfast options, free WiFi, and easy access to the main sights. The properties listed here have been selected for their quality-to-price ratio specifically.
The hotels on this page are spread across Lima's most visitor-friendly neighborhoods. Each listing includes the neighborhood name so you can match your location preferences. Staying slightly outside the main tourist center often unlocks better rates while keeping you close to transit.
Absolutely. The best-value properties in any city sell out quickly, especially during peak season and local events. Booking 3‑6 weeks in advance for Lima is generally recommended to secure the best rates at these budget-to-value properties.
Every hotel on Hotelier's Choice is hand-curated based on guest review scores, location quality, value for money, and overall reliability. We only list properties with consistently strong ratings and verified quality at the listed price tier.