Skip to content
MyBudgetHotel.com

Budget Hotels in Chicago: Real Prices, No Hidden Fees

20

hotels compared from $38/night

Real all-in prices near Magnificent Mile. No hidden fees.

⭐ TOP PICK

Chicago Getaway Hostel

3.5 mi from Magnificent Mile

$30/night
$38/nightreal price
Hidden fees: +$8
✓ CLEAN

Reviews

●●●●●Location8.0/10

Lincoln Park, blocks from Fullerton L station, near Lincoln Park Zoo and DePaul

●●●●●Cleanliness7.5/10

hostel-standard cleanliness, well-maintained common areas

●●●●●Value9.5/10

cheapest option overall at $38/night all-in with free breakfast

●●●●●Staff8.0/10

friendly hostel staff

●●●●●Comfort7.0/10

dorm beds and shared bathrooms, but has garden, terrace, pool table, guitars, and bike rental nearby

Watch out: shared accommodations, limited privacy, further from downtown

●●●●●Overall7.8/10((500+ reviews))
Book This Hotel →

via Booking.com

Also available:

Expedia $42Agoda $40
Sort:

HI Chicago Hostel

0.8 mi from Magnificent Mile

✓ CLEAN
$35→$45/night
🍳Free Breakfast💰Under $100🍽️Kitchenette

Reviews

●●●●●Overall8.5/10((9,932 reviews))
Book $45via Booking.com

Wrigley Hostel

4.5 mi from Magnificent Mile

✓ CLEAN
$33→$46/night
💰Under $100🍽️Kitchenette

Reviews

●●●●●Overall8.5/10((630 reviews))
Book $46via Booking.com

Chicago South Loop Hotel

2.5 mi from Magnificent Mile

~ ACCEPTABLE
$38→$55/night
🅿️Free Parking💰Under $100

Reviews

●●●●●Overall6.2/10((3,187 reviews))
Book $55via Booking.com

Travelodge by Wyndham Downtown Chicago

1.0 mi from Magnificent Mile

~ ACCEPTABLE
$62→$82/night
💰Under $100

Reviews

●●●●●Overall7.3/10((3,504 reviews))
Book $82via Booking.com

Inn of Chicago

0.1 mi from Magnificent Mile

~ ACCEPTABLE
$65→$85/night
💰Under $100

Reviews

●●●●●Overall6.8/10((1,770 reviews))
Book $85via Booking.com

FOUND Hotel Chicago River North

0.4 mi from Magnificent Mile

~ ACCEPTABLE
$72→$91/night
💰Under $100

Reviews

●●●●●Overall7.3/10((603 reviews))
Book $91via Booking.com

Upcoming Events in Chicago

Find Hotels Near...

Magnificent Mile

14 hotelsfrom $45

McCormick Place

3 hotelsfrom $55

Wrigley Field

4 hotelsfrom $38

Navy Pier

8 hotelsfrom $85

Filter by What Matters

🅿️Free Parking🏊Pool🍳Free Breakfast💰Under $100🍽️Kitchenette
🎉Bachelorette Party👨‍👩‍👧Family💼Business🚗Road Trip

Neighborhoods at a Glance

Wrigleyville

~$72/night

South Loop

~$85/night

Downtown / River North

~$108/night

Compare all neighborhoods →See resort fees breakdown for Chicago →

Get real price alerts for Chicago

No spam. Unsubscribe anytime. We only email when prices change.

This site contains affiliate links. We may earn a commission when you book through our links, at no extra cost to you. Prices shown were last verified on 2026-02-22 and may have changed.

Chicago Getaway Hostel

$38/night

Book now