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Cheap Hotels for Lollapalooza 2026 Chicago — Real Prices

Lollapalooza 2026

July 30 - August 2, 2026

Price spike: 100-200%

Grant Park location means every downtown hotel within walking distance doubles or triples in price. Budget hotels sell out weeks in advance.

💡 Tip: Grant Park is the venue, so anything on the L train works. Wrigleyville hotels stay cheaper and the Red Line runs late during Lolla weekend.

Lollapalooza is Chicago's massive four-day music festival held in Grant Park, right in the heart of downtown. With 100,000+ attendees per day, it's the single biggest hotel price spike event in Chicago. Every walkable downtown hotel doubles or triples in price, and budget options sell out weeks in advance. Staying along the L train line is the budget move.

HI Chicago Hostel

0.5 mi from Magnificent Mile

CLEAN
$55/nightregular pricing shown

Cheapest clean option downtown. Shared rooms. Kitchen access saves on meals. Great location.

Book $55via Booking.com

Travelodge by Wyndham Chicago

2.5 mi from Magnificent Mile

~ ACCEPTABLE
$78/nightregular pricing shown

Budget option further from downtown. CTA accessible. Clean enough for a night or two.

Book $78via Booking.com

Freehand Chicago

0.2 mi from Magnificent Mile

CLEAN
$98/nightregular pricing shown

Boutique hostel-hotel hybrid. Private rooms available. Excellent bar. Steps from Michigan Ave.

Book $98via Booking.com

Congress Plaza Hotel

1.0 mi from Magnificent Mile

~ ACCEPTABLE
$115/nightregular pricing shown

Historic landmark hotel. Grand lobby, dated rooms. $30 in hidden fees feels excessive for the condition.

Book $115via Agoda

Best Western River North

0.3 mi from Magnificent Mile

CLEAN
$119/nightregular pricing shown

Premium location in River North. Rooms are standard chain quality. $24 in fees for the location tax.

Book $119via Booking.com

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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 2026-02-13 and may have changed. Event pricing reflects our best estimates and may vary.