The Most Budget-Friendly Hotels in Stockholm, Sweden

In central Stockholm, Hobo Hotel is an affordable accommodation option with many hip facilities
In central Stockholm, Hobo Hotel is an affordable accommodation option with many hip facilities | Courtesy of Hobo Hotel / Expedia
Mandi Keighran

Stockholm – like the rest of Scandinavia – might have a reputation for being an expensive city to visit with an unfathomable cost of living, but it has plenty of budget-friendly hotels. From design-led spaces for business travellers and hip boutique properties to indulgent spa retreats that won’t break the bank, here’s our pick of the best affordable and cheap hotels in the Swedish capital.

1. Story Hotel Signalfabriken

Budget Hotel, Chain Hotel

A contemporary hotel room with plush furnishings at Story Hotel Signalfabriken
Courtesy of Story Hotel Signalfabriken / Expedia

This industrial-chic budget hotel in Stockholm sits inside the Signalfabriken building, less than a 10-minute walk from the Solna Business Park, making it ideal for business travellers. It also offers discounts for group bookings of seven rooms or more and corporate saver rates. Breakfast is always included, and the on-site Phil’s Burger restaurant offers quality burgers at an affordable price. The rooms range from cosy 12sqm (129sqft) Double Squeeze rooms to a 43sqm (463sqft) family duplex with a queen bed on the ground floor and a king bed on the mezzanine.

2. Elite Palace Hotel

Independent Hotel

The indoor pool and spa area at Elite Palace Hotel
Courtesy of Elite Palace Hotel / Expedia

Looking for a spa hotel on a budget? This modern hotel in central Vasastan is home to Vana Spa, which has a 300sqm (3,229sqft) gym, an elegant indoor pool surrounded by loungers and a soothing hot tub, sauna, aroma room and steam room. Book a spa day to get access to all the amenities, or indulge in one of the relaxing signature treatments, such as the Vana Ginger Crush, complete with a body peel, full-body massage and head massage all with warming organic ginger oil. In the evening, enjoy an authentic British pub meal at the Bishops Arms accompanied by one of the city’s most extensive beer and whisky menus, or enjoy a Nordic meal at Bar & Bistro 115.

3. Långholmen Hotel

Independent Hotel

The outdoor courtyard and dining room at the Långholmen Hotel is decorated with festoon lights and neatly arranged garden tables and chairs.
Courtesy of Långholmen Hotel / Expedia

Whether you’re a backpacker, business traveller or a couple looking for a romantic getaway with a twist, Långholmen island, near Södermalm, has you covered. This cheap hotel in Stockholm is set in the building of the former Crown Remand Prison (Kronohäktet), and the renovated cells are now simple yet stylish hotel rooms, complete with bunks in the family rooms, Nordic-chic subway tiles and bright artwork. For special occasions, book the romance package, which includes sparkling wine, chocolate and fruit in the room. The former prison building is also home to a conference centre and a popular hostel with cells converted into bedrooms. Be sure to visit the on-site museum, From Crime to Chains, to get an insight into Långholmen’s fascinating 250-year history.

4. Clarion Hotel Amaranten

Budget Hotel, Chain Hotel

A spacious, modern hotel-style apartment with chic furnishings and large bed at Clarion Hotel Amaranten
Courtesy of Clarion Hotel Amaranten / Expedia

In the lively Kungsholmen neighbourhood, this Stockholm budget hotel is a celebration of ’60s decor, with refined timberwork, bubble lamps and opulent chandeliers. The Tap Room cocktail bar also has a ’60s flair and serves American-style cocktails on tap that fit the Mad Men vibes. Rooms range from a standard single to spacious family rooms with balconies. However, the top pick is the top-floor 49sqm (527sqft) suite designed by Ginst Interiör, with lashings of velvet and linen and a private terrace. The hotel is also just a 10-minute walk to the Stockholm City Hall, where you can catch boats that take you to the rest of the islands.

5. Motel L Hammarby Sjöstad

Budget Hotel

This stylish motel in the inner-city neighbourhood of Hammarby Sjöstad is built around a central lounge that has space for 200 people to relax, work, eat breakfast or enjoy a drink from the bar. The interiors have been designed by Lisa Bengtsson, who is known for her bright, distinctive illustrations, which appear as murals on walls throughout and complement the boldly patterned carpets. Choose from either a twin (double) room or a family room that can sleep up to four guests. Dogs are also welcome in the family rooms at this budget hotel in Stockholm, so you can bring your furry friend with you.

6. Hobo Hotel

Boutique Hotel

Hobo Hotels industrial style lobby and lounge decorated with numerous potted plants.
Courtesy of Hobo Hotel / Expedia

Looking for an affordable hotel in Stockholm that offers more than a place to sleep? Check into Hobo, a hip, boutique hotel in Brunkebergstorg that bills itself as a community to “live, work, create, learn and have fun together”. There are 201 hotel rooms, two bars, an event space, a weekend club, a pop-up exhibition space and a 24-hour lobby shop curated by fashion brand Grandpa, which sells clothing and lifestyle products. Try Nordic-Japanese fusion at restaurant TAK, designed by award-winning architect Gert Wingårdh – think miso-glazed lamb loin, or sashimi with wasabi and dill – or grab a Swedish hotdog and a beer at the Bar.

7. STF Stockholm/Af Chapman and Skeppsholmen Hostel

Budget Hotel, Independent Hotel

A contemporary Scandinavian lounge overlooking a snowy landscape at STF af Chapman & Skeppsholmen
Courtesy of STF Stockholm/Af Chapman and Skeppsholmen Hostel / Expedia

Stockholm is a wonderful city to explore by boat, with the Stockholm Archipelago and its 30,000 islands and skerries just minutes from the city. Embrace life on the water at the STF Stockholm/Af Chapman and Skeppsholmen Hostel, which offers cabins aboard a fully rigged ship, or rooms in a renovated craftsmen’s building that dates back to 1832. Room types include single, double and four-bed rooms suitable for families, as well as a large dormitory, which is ideal for backpackers. For a truly unforgettable experience, book the captain’s cabin, which features restored 19th-century furnishings. In summer, enjoy dinner on the ship deck at restaurant Bar & Byssa.

8. Scandic Anglais

Budget Hotel, Chain Hotel

A colourful bar with plush window seating at Scandic Anglais
Courtesy of Scandic Anglais / Expedia

Want to experience Stockholm’s vibrant nightlife from the comfort of your budget-friendly hotel? Check out this sleek, affordable property in lively Stureplan. Scandic Anglais is home to a restaurant-bar, Bar Anglais, which boasts the city’s longest bar counter. During the day, the space is ideal for casual working, while in the evening, it transforms into a popular destination for after-work drinks. You can also try Swedish classics such as open prawn sandwiches with prawns from Hållö, or home-made meatballs with mashed potatoes, creamy gravy, lingonberry and pickled cucumber. To see the city from a different perspective, head to the roof terrace, which offers unbeatable views over central Stockholm and the National Library of Sweden.

9. Loginn Hotel

Independent Hotel

It doesn’t get much more romantic than this charming two-star hotel on a ship at the waterside by Söder Mälarstrand in central Stockholm. The simple, nautical-themed ensuite cabins have timber bunks and striped wallpapers, and most boast sea views over the bay of Riddarfjärden. The communal lounge evokes the romance of a bygone era, with velvet-upholstered antique furniture and historical photographs, and there are two on-board bars. However, in summer months, the best spot to enjoy a cocktail or light meal is on the rooftop deck. Want to explore the Stockholm Archipelago? The ferries to Djurgården are about a 10-minute walk away.

Looking for more Stockholm stays? Our guides to the city’s top hotels, its best boutique boltholes and its most cost-effective hostels have you covered, and they’re all bookable on Culture Trip. Heading to another Swedish city? Lund has some great hotel options. For more great hotel options in Sweden, check out our guide to the best hotels in Uppsala for every traveller, bookable on Culture Trip. For more options, discover our guide on the best hotels in Umeå, Northern Sweden, and book now on Culture Trip.

Culture Trip Summer Sale

Save up to $1,395 on our unique small-group trips! Limited spots.

Edit article