Munich offers a solid range of budget hotels that keep you close to the action without draining your wallet. Expect clean rooms, free WiFi, and generous breakfast buffets for around €60-100 per night. Staying near Hauptbahnhof gives you direct tram and U-Bahn access to Marienplatz, the Viktualienmarkt, and the Oktoberfest grounds. Many central options like Hotel Schlicker (family-run for over a century, with free rental bikes) and Hotel Daniel (steps from Karlsplatz) put the Old Town within a 10-minute walk. Others such as Hotel Metropol by Maier Privathotels add air conditioning and a bar, while Motel One München - Deutsches Museum offers stylish design and a 24-hour lounge in the Au-Haidhausen district.
For travelers who prioritize value, these hotels consistently score above 80 on guest reviews, often thanks to included breakfast and central locations. The A&O München Hackerbrücke and Euro Youth Hotel Munich provide hostel-style rooms with lively bars and events, ideal for solo or group trips. Meininger Hotel Olympiapark includes a shared kitchen and game room near the park. Book early during Oktoberfest and trade fairs, as prices rise fast. Whether you choose a boutique budget option or a no-frills hostel, Munich's cheap hotels deliver solid stays with easy access to beer halls, museums, and the Alps beyond.