Top Budget Hotels in Grassmarket Edinburgh

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Noe Castillo

Updated: 29 January 2024 · 5 min

Looking to explore the rich history and vibrant culture of Edinburgh without breaking the bank? Look no further than the charming Grassmarket area, where you'll find an array of affordable accommodations conveniently located near major attractions. From the iconic Edinburgh Castle looming overhead to the bustling pubs and lively street performers, Grassmarket offers an authentic Scottish experience that won't drain your wallet. In this article, we'll guide you through the best cheap hotels in Grassmarket Edinburgh, ensuring you have a pleasant and budget-friendly stay in this enchanting city.

When it comes to affordable accommodations in Edinburgh, the Grassmarket area stands out as a prime choice. With its central location, you'll have easy access to top attractions such as the Royal Mile, Princes Street Gardens, and the National Museum of Scotland. Numerous budget-friendly hotels and guesthouses can be found here, providing cozy and comfortable rooms at competitive prices. Whether you prefer a boutique hotel with a touch of Scottish charm or a budget-friendly guesthouse that offers a welcoming atmosphere, Grassmarket has accommodations to suit every traveler's needs.

In addition to its prime location, the Grassmarket area boasts an impressive selection of dining options, quirky shops, and lively pubs. After a day of exploring Edinburgh's historic sites, immerse yourself in the local atmosphere by savoring traditional Scottish cuisine in one of the many affordable eateries dotted around Grassmarket. From hearty haggis to mouthwatering fish and chips, you'll find it all here. End your evening by mingling with locals and fellow travelers in one of the vibrant pubs, where live music and friendly conversations can be enjoyed without breaking the bank. With its blend of affordability and character, the Grassmarket area of Edinburgh promises an unforgettable experience for budget-conscious travelers.
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Our Top 9

(Sorted by rating & number of reviews)

1. Apex Grassmarket Hotel
2. Apex City Of Edinburgh Hotel
3. Grassmarket Hotel
4. Kick Ass Greyfriars Hostel
5. The Castle View Residence
6. Apex Grassmarket Hotel
7. Apex Grassmarket Hotel
8. Grassmarket Hotel
9. The Witchery By The Castle

Budget-Friendly Gems in Grassmarket Edinburgh

Check Availability

Edinburgh
Mar 19, 2026 - Mar 20, 2026

Apex Grassmarket Hotel

8.2

Good

(4486 Reviews)

+ 173 photos
The Apex Grassmarket Hotel offers affordable elegance with its contemporary design and stylish decor. The hotel's spacious rooms feature modern amenities, ensuring a comfortable stay amidst the lively Grassmarket district. Relax in the rooftop terrace while enjoying stunning views of Edinburgh Castle or dine at the hotel's renowned restaurant, serving delicious dishes made from locally sourced ingredients. With its prime location and affordability, the Apex Grassmarket Hotel guarantees a sophisticated stay that won't break the bank.
Address: 31-35 Grassmarket
Rating: Good 8.2 (4486 Reviews)
Rooms: 169
Price: From 260$

Apex City Of Edinburgh Hotel

8.2

Good

(4326 Reviews)

+ 117 photos
The Apex City of Edinburgh Hotel is a hidden gem that perfectly balances affordability with comfort. Located within walking distance of Grassmarket, this hotel offers spacious rooms with modern amenities at reasonable rates. You'll be impressed by the impeccable service and the hotel's commitment to sustainable practices. The hotel's central location makes it easy to explore the attractions of Grassmarket while still enjoying a peaceful and affordable stay.
Address: 61 Grassmarket
Rating: Good 8.2 (4326 Reviews)
Rooms: 122
Price: From 189$

Hidden Gems for Shoestring Budgets in Grassmarket Edinburgh

In this section, we will unveil some hidden gems in Grassmarket that offer exceptional value for travelers on a shoestring budget. These hotels may be lesser-known, but they provide comfort, affordability, and a touch of local authenticity. Prepare to be pleasantly surprised by these hidden treasures in Grassmarket Edinburgh.

Grassmarket Hotel

8.0

Good

(3159 Reviews)

+ 195 photos
Grassmarket Hotel combines affordability with a touch of eclectic charm, ensuring a unique and memorable stay. The vibrant rooms are individually styled, reflecting the colorful personality of Grassmarket. The hotel's central location makes it an excellent base for exploring the area's attractions and enjoying the lively nearby pubs and eateries. With attentive service and affordable rates, Grassmarket Hotel offers a perfect blend of elegance and charm.
Address: 94-96 Grassmarket
Rating: Good 8.0 (3159 Reviews)
Rooms: 42
Price: From 306$

Kick Ass Greyfriars Hostel

7.9

Good

(4264 Reviews)

+ 70 photos
Budget Backpackers is an ideal choice for travelers seeking budget-friendly accommodations with a social atmosphere. Located in the heart of Grassmarket, this hostel provides comfortable dormitory-style rooms and private rooms at an affordable price. The communal lounge, kitchen facilities, and lively events create an opportunity to meet fellow travelers and exchange stories. Additionally, Budget Backpackers' central location ensures easy access to Grassmarket's renowned attractions and vibrant nightlife.
Address: 37-39 Cowgate
Rating: Good 7.9 (4264 Reviews)
Rooms: 184
Price: From 157$

Affordable Comfort in the Heart of Grassmarket Edinburgh

If you're looking for affordable comfort right in the heart of Grassmarket, this section is for you. These hotels offer a blend of convenience, comfort, and affordability, ensuring you have a delightful stay without compromising on location or quality. Let us guide you to the best options for affordable comfort in the vibrant Grassmarket area.

The Castle View Residence

8.5

Good

(25 Reviews)

+ 4 photos
Overlooking the iconic Edinburgh Castle, Castle View Guest House offers affordable accommodations with a personal touch. The cozy rooms are tastefully decorated and provide a comfortable retreat after a day of exploring Grassmarket's attractions. Start your morning with a delicious Scottish breakfast before setting off to discover the historical landmarks situated within walking distance. The attentive hosts and the guesthouse's central location make it a wonderful choice for travelers seeking a warm and inviting stay.
Address: Websters Land
Rating: Good 8.5 (25 Reviews)
Price: From 215$

Apex Grassmarket Hotel

8.2

Good

(4486 Reviews)

+ 173 photos
The Apex Grassmarket Hotel is a top pick for those seeking affordable comfort in the lively heart of Grassmarket. With its tastefully decorated rooms and modern amenities, this hotel offers a cozy retreat after a day of exploring Edinburgh. The friendly staff and convenient location make it a popular choice for budget-conscious travelers. From here, you can easily explore Grassmarket's lively atmosphere and stroll to notable attractions such as Edinburgh Castle and the Royal Mile.
Address: 31-35 Grassmarket
Rating: Good 8.2 (4486 Reviews)
Rooms: 169
Price: From 260$

Affordable Elegance in Grassmarket Edinburgh

In this section, we present a selection of hotels that offer affordable elegance in the lively Grassmarket district. These accommodations combine affordability with a touch of luxury, providing a slice of indulgence without straining your wallet. Experience the delight of comfortable and elegant stays while exploring the enchanting attractions of Grassmarket Edinburgh.

Apex Grassmarket Hotel

8.2

Good

(4486 Reviews)

+ 173 photos
Offering a combination of modern comfort and boutique flair, the Apex Grassmarket Hotel is a standout choice for travelers on a budget. With its sleek design, contemporary rooms, and personalized service, this hotel provides an affordable boutique experience. Enjoy panoramic views of the city from the rooftop terrace, unwind in the cozy lounge, or sample delicious Scottish cuisine at the hotel's restaurant. Located in the center of Grassmarket, the hotel puts you within reach of exciting nightlife, unique shops, and historical sites.
Address: 31-35 Grassmarket
Rating: Good 8.2 (4486 Reviews)
Rooms: 169
Price: From 260$

Grassmarket Hotel

8.0

Good

(3159 Reviews)

+ 195 photos
Located in the very heart of Grassmarket, The Grassmarket Hotel is a true gem for budget-conscious travelers. With its stylish and cozy rooms, this hotel offers affordable comfort amidst the lively atmosphere of Grassmarket. The friendly staff and welcoming ambiance make it an ideal choice, ensuring you feel at home during your stay. The Grassmarket Hotel's central location puts major attractions, including Edinburgh Castle, within easy reach, making it a convenient base for exploring the city.
Address: 94-96 Grassmarket
Rating: Good 8.0 (3159 Reviews)
Rooms: 42
Price: From 306$

Affordable Boutique Stays in Grassmarket Edinburgh

For those seeking a blend of charm and affordability, Grassmarket offers a range of boutique hotels that cater to budget-conscious travelers. In this section, we will introduce you to some of the best boutique stays in Grassmarket Edinburgh. These hotels combine unique character, personalized service, and competitive prices, creating a delightful and memorable experience without breaking the bank.

The Witchery By The Castle

9.3

Good

(131 Reviews)

+ 44 photos
Nestled just steps away from Edinburgh Castle in the heart of Grassmarket, The Witchery by the Castle is an enchanting boutique hotel that offers affordable luxury. Each uniquely designed room and suite is adorned with lavish furnishings, rich tapestries, and antique decor, immersing guests in a truly magical experience. Indulge in a decadent dinner at the hotel's renowned restaurant, known for its sumptuous Scottish cuisine. With its exceptional location and affordable rates, The Witchery by the Castle is a captivating choice for travelers seeking an unforgettable boutique stay.
Address: Castlehill, Royal Mile, Edinburgh
Rating: Good 9.3 (131 Reviews)
Rooms: 9
Price: From 679$

Cozy Guesthouses in Grassmarket Edinburgh

If you prefer a homely and intimate atmosphere during your stay in Grassmarket, guesthouses are an excellent option. In this section, we will explore some cozy and affordable guesthouses that offer a warm welcome and personalized service. These options ensure a comfortable stay while experiencing the true Scottish hospitality that Grassmarket has to offer.