Cheap Hotels and Accommodation in Chicago Under $80 a Night

Fortunately, with the right approach, you can find Cheap Hotels and Accommodation that won’t compromise comfort or convenience

Toronto is one of Canada’s most vibrant cities, known for its cultural diversity, business opportunities, and exciting attractions like the CN Tower, Ripley’s Aquarium, and the bustling Entertainment District. But if you’re planning to stay in downtown Toronto, one thing quickly becomes clear—accommodation can get expensive. Fortunately, with the right approach, you can find Cheap Hotels and Accommodation that won’t compromise comfort or convenience. This guide will walk you through the best tips, tricks, and options for saving money on your stay in downtown Toronto.

What You Get for ≤ $80/night in Chicago

If you're staying in Chicago for ~$80 or less per night, especially in or near the city, here’s what you typically can expect:

  • Basic amenities: clean bed, Wi-Fi, possibly free parking (outside downtown).

  • Smaller rooms, fewer luxurious extras.

  • Maybe shared bathrooms or hostel-style in some cases.

  • Locations slightly further from the Loop / Magnificent Mile, or in less touristy/neighborhood areas.

  • Sometimes motels / budget hotels or hostels rather than 3-star full-service hotels.

Still, there are some surprisingly good deals if you’re flexible.

Sample Cheap Options Under or Near $80

Here are some real examples of hotels/hostels/cheap accommodation in Chicago (or the metro area) that have been priced around or under $80/night recently:

Name

Approx Price

Area / Notes

Perks / What to Expect

Freehand Chicago

~$46/night

Downtown (Near North / River North) momondo

Very popular hostel/hybrid. Good reviews, nice design, fairly central. momondo+1

Ambassador Chicago

~$45–50/night

Gold Coast / Near Magnificent Mile area trivago+1

Stylish décor, decent location. No frills, but good value. trivago+1

The Chicago Hotel Collection – Magnificent Mile

~$60-70/night

Magnificent Mile / Near downtown retail restaurants trivago+1

Good views, relatively central. Probably smaller rooms. trivago

Travelodge by Wyndham Downtown Chicago

~$75-80/night

Downtown-ish / close to transit trivago

Basic chain value offering; likely clean, simple amenities. trivago

Motel 6 Elk Grove Village (near O’Hare)

~$50-60/night

Near O’Hare Airport expedia+1

Good if you don’t mind being a bit outside; likely need transit or a ride into central Chicago. expedia

Super 8 by Wyndham (Deerfield / Northbrook area)

~$64-70/night

Northern suburbs of Chicago travelocity

More suburban, quieter, probably cheaper parking, but more travel to city center. travelocity

Where to Find Better Deals / Neighborhoods to Consider

To maximize value under $80/night, keeping these locations / tactics in mind helps:

  • North Side neighborhoods like Lincoln Park, Lakeview, Near North – you sometimes find hostels or small motels that are cheaper. Transportation options (CTA) make these feasible.

  • Near the airport (O’Hare / Midway) – accommodation tends to be cheaper; factor in transit time or cost to get into downtown.

  • Suburbs / further-out areas – staying in places just outside Chicago proper (but near public transit) can save money.

  • Hostels / hybrid hostel-hotels – dorms or shared-bathroom rooms often offer the lowest prices. Also check private rooms inside hostels.

  • Booking midweek rather than weekends helps. Chicago hotel rates often spike during weekend nights, conventions, festivals, etc.

Tips to Save More Avoid Surprises

  • Check total cost including taxes, fees, and parking. Sometimes a low nightly rate hides high fees or expensive parking charges.

  • Book in advance, but also watch for last-minute deals, especially at hostels or budget hotels.

  • Check cancellation policies. If something cheaper comes up later, being able to cancel or rebook can save you money.

  • Use multiple search engines / aggregator sites (Trivago, Kayak, Hotels.com, etc.) as sometimes one site has an exclusive deal.

  • Check proximity to public transport (CTA lines, Metra, etc.). Even if a place is further out but well-connected, it can be worth it.

When Under $80 Is Hard to Find

There are times and locations in Chicago when staying under $80 is quite difficult:

  • Major event dates (festivals, conventions, sports events). Hotels often raise rates significantly.

  • Downtown Loop, River North, Magnificent Mile during high season or busy weekends tend to have higher minimums.

  • If you want amenities (pool, free breakfast, larger rooms) or a very central / high-view room, cost tends to go up.

Bottom Line

If your budget is $80/night or less, you can find decent, safe, and fairly comfortable places to stay in Chicago. You may have to accept smaller rooms, fewer amenities, or staying slightly outside the most touristy areas, but some solid hostels and budget motels make it possible. If you're flexible with dates and locations, you can get good deals.


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