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Cheap Hotels in Key West

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Key West
Aug 02, 2025 - Aug 03, 2025
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Attention all adventure seekers and budget-conscious globetrotters! Naomi here, bringing you the inside scoop on the best pocket-friendly accommodations in the colorful paradise that is Key West, United States. Today, we're diving headfirst into the world of festivals and discovering the perfect lodgings that won't break the bank. From funky backpacker hostels that ooze with character to charming boutiques that offer a taste of luxury on a shoestring, we've got you covered in every category.

Imagine this: You and your group of wild wanderers have embarked on a thrilling journey to Key West for a festival like no other. Laughter fills the air as you navigate through vibrant streets, adorned with strings of fairy lights and lively music echoing from every corner. As the sun sets, your excitement builds, and you realize it's time to seek refuge in an accommodation that matches the vivacity of your adventure. Fear not, my fellow thrifty travelers, for I have meticulously scoured the island to bring you the crème de la crème of budget-friendly havens.

First up on our festival itinerary is the realm of backpacker hostels. Prepare to be swept away by the whimsical atmospheres and lively communal spaces. You'll find yourself swapping tales with fellow explorers from all walks of life, sharing insider tips over a game of pool or cozying up in a cozy common room made for late-night chats. These wallet-friendly gems offer more than just a place to rest your weary head; they provide an experience that money can't buy - a sense of community and camaraderie.

Now, let's venture into the world of boutique hotels, where luxury and affordability intertwine in a delightful dance. Picture yourself stepping into an elegant lobby, where friendly staff greet you with warm smiles and personalized recommendations. These hidden gems offer a moment of respite from the bustling festival scene, pampering you with plush amenities and tastefully decorated rooms that serve as a sanctuary from the excitement outside. As you sink into feather-soft pillows and indulge in a restful sleep, you'll wake up refreshed and ready to conquer another day of festivities with your companions.

Whether you're a budget-savvy globetrotter or a festival fanatic looking for the perfect place to lay your head, Key West has something to offer every pocket and every style. So join me, Naomi, as we embark on a journey through the nooks and crannies of this vibrant island, uncovering the best cheap hotels that will make your festival experience one for the books. Get ready to dance, laugh, and create memories that will last a lifetime without breaking the bank. Let's dive into the brilliance of budget accommodations in Key West, where affordability meets adventure!

Best Cheap Hotels in Key West

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1. Hampton Inn Key West Fl

2. Southwinds Motel

3. Margaritaville Beach House Key West

4. Nyah - Adult Exclusive Bed & Breakfast

Good Cheap hotels in Key West

5. Blue Marlin Motel

6. Ibis Bay Resort

7. Eden House Hotel

Cheap Hotels in Downtown Key West

8. Harborside Motel & Marina

9. Galleon Resort And Marina

10. Silver Palms Inn

Key West Accommodation lists:

Hampton Inn Key West Fl

9+
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The Harry S Truman Little White House is placed about a 15-minute ride away, and the bustling plaza "Mallory Square" is within 15 minutes' drive of the classic Hampton Inn Key West Fl.

📍 Address: 3755 S. Roosevelt Boulevard

Southwinds Motel

3+
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Nancy Forrester's Secret Garden is placed nearly a 5-minute ride away, and the fully accredited Mel Fisher Maritime Heritage Museum is within 25 minutes' walk of Southwinds Motel Key West.

📍 Address: 1321 Simonton Street

Margaritaville Beach House Key West

4+
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The downtown commercial zoned Duval Street is placed a 10-minute ride away, and Front Street is 3.5 km from Margaritaville Beach House Key West Hotel.

📍 Address: 2001 South Roosevelt Boulevard

Good Cheap hotels in Key West

Looking for a paradise retreat without breaking the bank? Key West has got you covered with its array of good cheap hotels that offer unbeatable value for money, so you can indulge in unforgettable adventures with your friends without worrying about your wallet. From vibrant, colorful decor to cozy and comfortable rooms, these hidden gems provide a cozy oasis where memories are made. Whether you want to relax poolside with your pals, soak up the sun on nearby sandy beaches, or explore the lively streets of Key West's vibrant neighborhoods, these affordable accommodations are the perfect base for your escapades. So gather your travel tribe and embark on an unforgettable journey, where the only thing you have to worry about is making memories that will last a lifetime.

Nyah - Adult Exclusive Bed & Breakfast

3+
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Donkey Milk House is placed only a 5-minute walk away, and The Ernest Hemingway Home and Museum is within 1.3 km of the 3-star Nyah - Adult Exclusive Key West.

📍 Address: 420 Margaret Street

Blue Marlin Motel

7+
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Southernmost Point of the Continental US Monument is placed merely a 9-minute stroll away, and Front Street is within a 5-minute drive of the 2-star Blue Marlin Motel Key West.

📍 Address: 1320 Simonton Street

Hotels in Key West

Hotel with balcony 🌤️ Hampton Inn Key West Fl
Best Price Hotel 🤑 Southwinds Motel
Best reviews Hotel ❤️ Margaritaville Beach House Key West

Ibis Bay Resort

3+
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Key West Golf Club is placed 10 minutes away by car, and the natural history museum "Florida Keys Eco-Discovery Center" is 10 minutes by car from Ibis Bay Resort.

📍 Address: 3101 North Roosevelt Boulevard

Cheap Hotels in Downtown Key West

Imagine strolling through the vibrant streets of downtown Key West, with your best friends by your side, searching for the perfect cozy hideaway that won't break the bank. Picture the joy of stumbling upon that hidden gem, a charming yet affordable hotel, where every corner emanates sheer comfort and a touch of whimsy. Here, you and your friends can gather around, planning your adventures for the day while soaking in the colorful ambiance and savoring the anticipation of the unforgettable experiences that await. With friendly staff ready to cater to your every need and a location that puts the best of Key West right at your fingertips, this downtown haven promises to be the perfect backdrop for unforgettable memories with your beloved entourage.

Eden House Hotel

3+
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Located in the heart of the historic old town, the lovely Eden House Hotel Key West is merely 1.5 km from the bustling plaza "Mallory Square".

📍 Address: 1015 Fleming Street

Harborside Motel & Marina

7+
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The Unitarian Universalist Fellowship of Key West is placed a mere 5 minutes' walk away, and Art Space is within 5 minutes' stroll of the 2-star Harborside Motel & Marina.

📍 Address: 903 Eisenhower Dr

Galleon Resort And Marina

8+
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The fully accredited Mel Fisher Maritime Heritage Museum is placed merely an 11-minute stroll away, and the Minor Saint Mary Star of the Sea Basilica is within a 5-minute drive of Galleon Resort And Marina Key West.

📍 Address: 617 Front Street

Cheap Hotels in Key West with Free Parking

Picture this: you and your squad embark on an epic journey to the tropical paradise of Key West, ready to create memories that will last a lifetime. But wait, what about the parking situation? Fear not, dear friend, for I bring you tidings of great joy! In this marvelous utopia of cheap hotels, where a tight budget doesn't mean compromising on convenience, you will find a plethora of hidden gems offering free parking. No need to stress about those extra dollars draining your margarita fund; instead, revel in the freedom of knowing your trusty steed is safely stationed while you explore the island's enchanting streets and breathtaking beaches with your raucous crew. So buckle up, amigos, and get ready for an unforgettable adventure with a pocket-friendly twist, because good times await at these delightful havens of hospitality.

Silver Palms Inn

5+
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The downtown commercial zoned Duval Street is placed a mere 1 km away, and Audubon House and Tropical Gardens is around a 5-minute ride from the 3-star Silver Palms Inn Key West.

📍 Address: 830 Truman Avenue

The Grand Guesthouse

3+
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The Ernest Hemingway Home and Museum is placed approximately a 14-minute stroll away, and the downtown commercial zoned Duval Street is within 17 minutes' walk of the lovely 3-star Grand Guesthouse Key West.

📍 Address: 1116 Grinnell Street

Coconut Mallory Resort And Marina

7+
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The waterfront Mallory Square is placed approximately 6 km away, and Key West Butterfly and Nature Conservatory is about 15 minutes' drive from the charming 3-star Coconut Mallory Resort And Marina.

📍 Address: 1445 S Roosevelt Blvd

Family Cheap Hotels in Key West

Looking for an adventure-packed getaway with your closest pals? Look no further than our family-friendly cheap hotels in Key West! We understand that traveling with friends is all about creating memories and having a blast, while still being mindful of your budget. Our hotels offer comfortable and cozy accommodations that are perfect for a group of friends looking to explore the vibrant and tropical paradise of Key West. Whether you're looking to soak up the sun on the stunning beaches, indulge in delicious seafood at local restaurants, or embark on exciting water sports activities, our affordable hotels provide the ideal base for your unforgettable group getaway. So grab your friends, pack your sense of adventure, and get ready to make lifelong memories at our budget-friendly hotels in the heart of Key West!

Southernmost Inn Adult Exclusive

11+
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The downtown commercial zoned Duval Street is placed nearly a 12-minute stroll away, and Audubon House and Tropical Gardens is a 5-minute drive from the 3-star Southernmost Inn Adult Exclusive Key West.

📍 Address: 525 United Street

Fairfield Inn & Suites By Marriott Key West

3+
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Front Street is placed a 10-minute drive away, and The Ernest Hemingway Home and Museum is a 10-minute ride from the inviting 3-star Fairfield Inn & Suites By Marriott Key West.

📍 Address: 2400 North Roosevelt Boulevard

Westwinds Inn

9+
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Key West Historic Seaport is placed approximately 6 minutes' walk away, and the vintage parish "Saint Paul's Episcopal Church of Key West" is merely a 5-minute walk from Westwinds Inn.

📍 Address: 914 Eaton St

Pet-Friendly Cheap Hotels in Key West

Traveling with friends can be an adventure filled with laughter, unforgettable memories, and the occasional moments of chaos. And when it comes to finding the perfect place to stay in Key West, why not opt for a pet-friendly cheap hotel? Picture this: you and your crew, exploring the sandy beaches and bustling streets, with your furry companions happily wagging their tails by your side. These budget-friendly havens offer cozy accommodations at an affordable price, without skimping on the charm and comfort. From cozy rooms to spacious suites, these pet-friendly cheap hotels in Key West ensure that both you and your four-legged friends feel right at home. So gather your friends and pack your bags, because adventure awaits in the splendid Key West – where comfort, affordability, and pet-friendly vibes come together to create memories that will last a lifetime.

Suite Dreams Inn By The Beach

6+
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Saint Mary Star of the Sea Basilica is placed only 1.5 km away, and Key West Wildlife Center is right near the 3-star Suite Dreams Inn.

📍 Address: 1001 Von Phister Street

Truman Hotel

8+
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The Ernest Hemingway Home and Museum is placed a 6-minute stroll away, and San Carlos Institute is 850 metres of Truman Hotel Key West.

📍 Address: 611 Truman Avenue

Courtyard By Marriott Key West Waterfront Hotel

7+
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Dive Key West is placed a mere 400 metres away, and the downtown commercial zoned Duval Street is around a 10-minute drive from the lovely 3-star Courtyard By Marriott Key West Waterfront Hotel.

📍 Address: 3031-41 North Roosevelt Boulevard

Cheap Weekly Hotels in Key West

Looking for a budget-friendly escape with your squad? Look no further than the vibrant and sun-soaked Key West! The island offers a plethora of cheap weekly hotels that are perfect for a fun-filled holiday with your amigos. Picture yourself lounging by the pool, sipping on fruity cocktails, and swapping hilarious stories with your pals. With wallet-friendly prices, you can indulge in adventurous activities like snorkeling, jet skiing, and even exploring the lively nightlife without breaking the bank. Whether you're seeking a cozy room or a spacious suite, these affordable options ensure that you and your friends can experience the beauty of Key West without compromising on fun or quality. So grab your gang, pack your bags, and get ready for an unforgettable adventure in this tropical paradise.

Fitch Lodge - Key West Historic Inns

6+
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Smathers Beach is placed 10 minutes' drive away, and the vintage parish "Saint Paul's Episcopal Church of Key West" is only a 7-minute stroll from the 3-star Kimpton Fitch Lodge.

📍 Address: 1030 Eaton Street

Island City House

6+
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The waterfront Mallory Square is placed nearly a 14-minute walk away, and Key West Butterfly and Nature Conservatory is approximately 20 minutes' walk from the 3-star Island City House.

📍 Address: 411 William Street

Southernmost Hotel

12+
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White Street Pier is placed around 18 minutes' walk away, and Mile Marker 0 Store is nearly a 16-minute walk from the stunning Southernmost Hotel Key West.

📍 Address: 1319 Duval Street

Duval House Bed & Breakfast

7+
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The Ernest Hemingway Home and Museum is placed a mere 5 minutes' walk away, and the historical Key West Lighthouse is within 5 minutes' stroll of the 3-star Duval House Bed & Breakfast.

📍 Address: 815 Duval Street

The Garden House Hotel

3+
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Key West Shipwreck Treasure Museum is placed just 0.9 km away, and the downtown commercial zoned Duval Street is within 16 minutes' walk of The Garden House Hotel.

📍 Address: 329 Elizabeth Street

Ambrosia Key West Bed & Breakfast

4+
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The Ernest Hemingway Home and Museum is placed around 12 minutes' walk away, and the waterfront Mallory Square is a 12-minute stroll from Ambrosia Key West Bed & Breakfast.

📍 Address: 622 Fleming St

Ridley House - Key West Historic Inns (Adults Only)

4+
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Audubon House and Tropical Gardens is placed just 6 minutes' walk away, and the downtown commercial zoned Duval Street is less than an 8-minute stroll from the 3-star Kimpton Ridley House-Adult Only, An Ihg Hotel Key West.

📍 Address: 601 Caroline Street

Key West Harbor Inn - Adults Only

4+
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Key West Aquarium is placed a mere 0.8 km away, and Front Street is within 10 minutes' walk of Key West Harbor Inn - Adults Only.

📍 Address: 219 Elizabeth Street

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