Where to stay in Melbourne for any budget

Melbourne is a sprawling city with numerous suburbs that you could stay in, many with a unique character of their own. Don't assume that the best place to stay is in the center of the city. Beachside suburbs like St Kilda , or hipster areas like Fitzroy offer good quality budget accommodation in charming surrounds.

Inner suburbs are within 30 minutes of the CBD by public transport and often that distance can even be walked.

A few options are available in the outer suburbs, particularly motels. If you have a car with you, this can be a good choice because it will mean less money spent on parking. The trip into the city to see things will be a bit longer though, up to an hour if you're staying a long way out. Consider carefully what the public transport options are when you stay in the outer suburbs. It's not ideal to have to drive into the city for the day, since parking can be exorbitant.

$55 - $85

Budget range (bottom 25%)


Average price (in USD)


Top 25%


What are these prices?

We analysed all the minimum prices for accommodation in Melbourne. The prices are for the cheapest room / bed available for a one night's stay. Prices are shown in US Dollars.

Best Areas to Stay In Melbourne

St Kilda

St Kilda

A traditional beachside tourist resort area, St Kilda has become a first choice for backpackers visiting the city. It's about 20 minutes out of the CBD by tram and unfortunately no train lines go here. The great attraction of staying in St Kilda is that there is a beach on your doorstep and a great walking trail along the foreshore. There are also a large number of restaurants, bars and pubs along the two main strips of Acland Street and Fitzroy Street. Luna Park, the city's iconic amusement park is also located in St Kilda.

Popular options in St Kilda

1 Eildon Road

Quest St Kilda Bayside

25-47 Barkly Street

Crest On Barkly Serviced Apartments

163 Fitzroy St

COMPLETE HOST Fitzroy St Apartments

More options in and around St Kilda
Melbourne CBD

Melbourne CBD

While many of the options in the CBD are mid-range and luxury hotels, there are a few hostels and cheap(ish) hotels that are incredibly popular. If you want to explore the laneways and bars to the fullest, then being in the CBD is perfect, because you will be able to stumble back to your bed after a big night out. Victoria Market is still just a walk away, as are sporting grounds like the Vodafone Arena, MCG, Etihad Stadium and AAMI stadium. There is no shortage of things to do in the CBD. Enjoy walks along the Yarra, strolling through the Royal Botanical Gardens or getting a good look over it all at Eureka Tower. Consider also that if it's going to cost you a few dollars extra to stay in the CBD, you will save a few dollars by not having to catch a tram in. There's also a free tram that circles the CBD, allowing you to get around very cheaply.

Popular options in Melbourne CBD

618 Lonsdale Street

City Tempo - Lonsdale St

568 Collins Street

Melbourne SkyHigh Apartments

123 Collins Street

Grand Hyatt Melbourne

More options in and around Melbourne CBD


Fitzroy and neighbouring Collingwood are great places to be if you enjoy somewhat more bohemian surrounds. It's still within walking distance of the city and a few tram lines run through it making access easy. Nearby you will find the Melbourne Museum and Royal Exhibition Building. A short walk away is also Carlton, where you can find an abundance of Italian restaurants and cafés.

Popular options in Fitzroy

44 Brunswick Street

Melbourne Metropole Central

124 Napier Street Apt. 14

Converted Blue Stone Church

Stylish Apartment in Unique Church Development

More options in and around Fitzroy
North Melbourne

North Melbourne

Within walking distance of the CBD, North Melbourne provides a good range of cheap hotels and hostels. This is within easy walking distance of the CBD. Multiple trams also head this way, so you should have no trouble getting into the center when you need to. The main attraction in North Melbourne is the Victoria Market, where you will be able to save even more money by buying cheap fresh food and souvenirs for family back home. It's a great place to visit for lunch, coffee or just to have a browse around.

Popular options in North Melbourne

33 Blackwood Street

Turnkey Accommodation-North Melbourne

139 Chetwynd Street

RNR Serviced Apartments North Melbourne

33 Blackwood Street

IFSuites (IFSTAYS) North Apartment

More options in and around North Melbourne


You will find Richmond to the east of Melbourne. It has great access to the city and is a popular place to stay particularly if you are planning on attending one of the many sporting events that is hosted at the Melbourne Cricket Ground or tennis precinct. There is a great selection of restaurants and cafés around the area that is sure to make your stay in this part of the city very enjoyable. Most of the accommodation in this area is apartments and vacation rentals.

Popular options in Richmond

185 Lennox Street

Adara Richmond

204 / 366 Church Street

Apartments in Richmond Church St near MCG

353 Church Street

Richmond Hill Hotel

More options in and around Richmond

More popular places to stay in Melbourne

67 Power Street, Southbank.

City Tempo - Power St

145 Queensberry Street

Arise The Eminence

883 Collins Street

Wyndel Apartments - Riverside On Collins

883-889 Collins Street

Best Views on Collins

1 Freshwater Place

Sanctuary Apartments - Freshwater Place

618 Lonsdale Street

City Tempo - Lonsdale St

8 Whiteman Street

Crown Metropol Melbourne

60 Siddeley Street

Signature Waterfront Apartments

883-889 Collins Street

Winston Apartments Docklands

568 Collins Street

Melbourne SkyHigh Apartments

889 Collins Street

Orange Stay Apartments

187 City Road

City Tempo – Southbank Collection

123 Collins Street

Grand Hyatt Melbourne

Budget Option

85 Market St, Southbank

Serviced Apartments Melbourne - Teri

33 Grattan street

AKOM Prahran

915 Collins Street

Melbourne Private Apartments - Collins Wharf Waterfront, Docklands

241 City Road

City Tempo - MP Deluxe

6-8 Buckley Walk, Docklands

Orange Stay Townhouses

8 Whiteman Street

Crown Promenade Melbourne

63 Whiteman Street

City Tempo - Whiteman St

60 Siddeley Street

Melbourne Holiday Apartments Flinders Wharf

66 Lygon Street

Zagame's House

Arrivals Drive, Tullamarine

PARKROYAL Melbourne Airport

1 Southgate Avenue

The Langham Melbourne