Updated: 2026
USA — 6 Hotels Curated
Under $150/nightFinding a great hotel in Memphis under $150 per night is easier than you think. We've curated 6 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.
Harbor Town
Charming boutique inn overlooking the Mississippi River with quiet, spacious rooms and exceptional service. Ideal for a serene escape near Mud Island.[Booking.com](https://www.booking.com/hotel/us/river-inn-of-harbor-town.html)
Downtown Memphis (Beale Street)
Modern hotel in the heart of Beale Street with rooftop bar, fitness center, and easy access to music venues. Balances convenience and contemporary comfort.[US News Travel](https://travel.usnews.com/hotels/memphis_tn/)
Whitehaven (Graceland)
Elvis-themed hotel steps from Graceland mansion with on-site restaurants, theater, and pool. Ultimate stay for fans with nostalgic decor.[Booking.com](https://www.booking.com/hotel/us/the-guest-house-at-graceland.html)
Downtown Memphis
Highly-rated budget chain with superb cleanliness, friendly staff, and central location near attractions. Great value for urban explorers.[Expedia](https://www.expedia.com/Memphis-Hotels.d178284.Travel-Guide-Hotels)
Reliable midtown option near medical center and universities with free breakfast and high guest satisfaction. Affordable comfort in a convenient area.[Tripadvisor](https://www.tripadvisor.com/HotelsList-Memphis-Cheap-Hotels-zfp10329.html)
Downtown Memphis (Beale Street)
Comfortable chain hotel steps from Beale Street with free breakfast and parking options nearby. Solid choice for budget travelers seeking nightlife proximity.[Tripadvisor](https://www.tripadvisor.com/HotelsList-Memphis-Cheap-Hotels-zfp10329.html)
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 Memphis, 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 Memphis'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 Memphis 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.