Cheapest Hotels in Las Vegas – On the Strip & Downtown

Key Points:

• I priced out every hotel on the Strip & Downtown for a random sampling of future dates to determine which were the cheapest.

• On the Strip, Circus Circus was the cheapest option with STRAT and Excalibur finishing second and third respectively.

• Downtown, Binion’s was the least expensive option with Golden Gate and El Cortez right on its heels.

Doing Vegas on a budget isn’t as easy as it used to be. Prices are on the rise, and new “innovative” fees seem to be sprouting up left and right.

With that in mind, I thought it would be helpful to share which are the cheapest hotels in Las Vegas, both on the Strip & Downtown.

Methodology: I’ve randomly selected 10 nights in the future to price out every hotel. Dates land on both weeknights and weekends.

From there, I’ll be able to determine an average nightly rate and determine the least expensive option. Nightly resort fees will be accounted for in the average room rate.

It’s also important to point out that the average rate results that I came up with are not necessarily reflective of how low mid-week rates can get. Every hotel on the list can commonly be had for around $30 during non-peak times before fees.

Now, keep in mind that cheapness is usually inversely related to quality, cleanliness, and luxury.

As the old adage says, “You get what you pay for”. Ultimately, however, if a cheap place to rest your head is what you seek, these budget hotels could be a great option.

Circus Circus

Coming in with an average nightly rate of $92.08, Circus Circus sits atop the heap as the cheapest hotel on the Strip.

Their “West Tower King Room” specifically was the least expensive option, often priced at $25 plus resort fees mid-week.

I recently stayed in that exact room type and found it to be “OK” for the price, although the common areas were pretty beat up.

The small price tag comes with some distinct tradeoffs though, as Circus Circus is located a short ride (or a long walk) from the main portion of the Strip.

Note that the brand new Resorts World sits next door, however, which is a plus.

If traveling with kids, Circus Circus is known to be one of the more kid-friendly resorts in Las Vegas, offering an arcade, carnival games, and an amusement park.

STRAT

While technically located on The Strip, STRAT is far from the action. While distant, there’s still plenty to love about the resort, which ranked as the second cheapest option with an average rate of $107.95.

First, gambling limits are usually a rung or two cheaper than center strip resorts, allowing you to stretch your budget.

The real perk, however, is STRAT’s SkyPod tower which boasts bars, restaurants, a wedding chapel, and rides. Observation deck tickets cost around $20, and rides are a small additional fee and 100% worth it.

The 3 rides either dangle you off the edge of the tower or shoot you straight up. They’re exhilarating and worth the trip, even if not staying at the resort.

STRAT is also located along the Deuce Bus route, which inexpensively connects guests to resorts on the Strip to the south and Fremont Street to the north.

Another transportation option available to you is the FREE Downtown Loop shuttle which connects STRAT to stops in the Arts District and the Fremont Street Experience. It’s a great option.

Excalibur

I’m a sucker for themed resorts in Las Vegas and Excalibur boasts medieval stylings that I’ve grown to love over the years.

Excalibur offers an expansive gaming floor, one of the cheapest buffets on the Strip, and a free tram to both Luxor and Mandalay Bay to the south.

Baseline rooms at Excalibur ranked as the 3rd cheapest option on the Strip for the dates I sampled with an average nightly rate of $121. Those same baseline rooms tend to hover in the $40 range before fees during non-peak times.

If Excalibur’s Royal and Resort Towers are priced comparatively, I’d recommend opting for their Royal Tower as they were renovated most recently (in 2016).

Luxor

Perhaps the most iconic and instantly recognizable component of the Las Vegas skyline, Luxor also offers some of the most affordable rooms in town.

While my 10-night sampling of dates pegged Luxor at $129.40 per night, baseline rooms in their pyramid can often be had for under $40 plus fees.

Located on the south end of the Strip, Luxor is connected by both a free tram and an indoor walkway to Mandalay Bay and Excalibur.

Casino Royale

Lacking the “glitz & glamor” of other mega-resorts in Las Vegas, Casino Royale’s small 152-room hotel offers an advantageous center-Strip location that is steps away from numerous resorts.

In addition to cheap room rates, which averaged $159.42 per night over my sampling of dates, Casino Royale offers several budget-friendly dining options, free parking, and no resort fees.

Flamingo

A Las Vegas icon, Flamingo ranked as the cheapest Caesars branded hotel on the Strip by a hair with an average nightly rate of $160.35.

If center-Strip location is important to you, Flamingo is tough to beat as it’s parked smack dab in the middle of things, surrounded by LINQ, Cromwell, and Caesars Palace across the street. Numerous other resorts are also within walking distance.

My favorite non-gaming amenity at Flamingo is their raucous GoPool, which I think is one of the best pools in Vegas.

LINQ

While Linq’s multicolor exterior is admittedly shabby in appearance, the room product has a surprisingly updated and modern feel albeit absent of “bells and whistles”.

One drawback you’ll want to be aware of is that LINQ’s hotel rooms are small compared to peers on the Strip, weighing in at only 300 square feet.

If smaller rooms don’t bother you, Linq is in a great location in the middle of the Strip and represents a strong value.

Linq’s rooms averaged $166.15 nightly over the 10 nights that I surveyed.

I recently stayed in one of LINQ’s Poolside Cabana Rooms – Check it out!

Horseshoe

Horseshoe’s average room rate was $181.35, ranking it as the 6th cheapest hotel on the Las Vegas Strip.

Guestrooms in Horseshoe’s Resort Tower were last renovated in 2014 and offer vibrant pops of red alongside great views of the Strip.

In addition to cheap standard guestrooms, Horseshoe also has some of the most affordable suites on the Strip.

Notably, the colorful Grand Bazaar Shops in front of the resort along the Strip offer several quick-serve restaurant options if you’re on the hunt for cheap eats.

Binion’s Hotel Apache

Binion’s Hotel Apache ranked as the cheapest hotel on Fremont Street with an average nightly rate of $71.60.

Notably, Binion’s and sister property 4 Queens (also on this list) don’t charge a resort fee.

The rooms at Binion’s are hidden behind the blue neon facade surrounding the casino, so there isn’t an outdoor view from most guestrooms.

The rooms themselves are among the more unique accommodations in Las Vegas, designed to look like something you would have encountered 100 years ago. While they have a historic look, hotel rooms at Binion’s still come equipped with the modern amenities you’d expect.

The pool, while unimpressive in its own right, sits atop the roof of the vacant Mint hotel tower and offers a great view of downtown Las Vegas.

I recently stayed at and reviewed Binion’s Hotel Apache – Check it out!

Golden Gate

As the oldest hotel in Las Vegas, opening in 1906, Golden Gate has some serious historic charm.

Ranking as the second cheapest hotel in Downtown Las Vegas, Golden Gate’s average nightly rate was $87.86.

Uniquely, Golden Gate’s “Original 10” rooms have been around since the hotel originally opened (Don’t worry… they’ve been renovated). What the rooms lack in space, they make up for with a fun historic vibe.

Original 10 rooms also rank among the cheapest room options at Golden Gate, often priced at under $30 before fees.

You’ll want to note that many of Golden Gate’s hotel rooms are a (very) short distance from a live entertainment stage, and they are far from being the quietest hotel rooms in Vegas.

El Cortez

Owned in part by Bugsy Siegel at one point, El Cortez has plenty of historic significance. In fact, El Cortez is the only Las Vegas casino on the National Register of Historic Places.

During my sampling of dates, room rates at El Cortez averaged $94.95, making it one of the cheapest options in all of Vegas. Accommodations in the hotel tower can commonly be found for around $30 during non-peak times.

Rooms aren’t the only cheap thing at El Cortez, however, as table game limits are frequently cheaper than other casinos on Fremont Street.

If you need a good night’s sleep, check out the Cabana Suites at El Cortez, which are housed in a separate building behind the casino and across the street. They are relatively updated and are much quieter than most rooms downtown.

I recently stayed in and reviewed a Cabana Suite at El Cortez – Check it out!

4 Queens

The sister property of Binion’s, 4 Queens also never charges a nightly resort fee.

The absence of fees, in part, contributes to the hotel’s ability to rank as one of the most affordable options in town, averaging $101.60 per night.

Reasons I enjoy visiting 4 Queens are numerous. They’re one of the only casinos still offering Silver Strike slot games, which kick out souvenir “strikes”.

Additionally, some of my favorite places to eat cheap on Fremont Street call the resort home. Both Magnolia’s Veranda and Chicago Brewing Co. are go-to options of mine.

Like other resorts on Fremont Street, many of the rooms at 4 Queens are exposed to significant noise until the early hours of the morning. Light sleepers may want to look elsewhere.

Hopefully, my breakdown of the cheapest hotels in Las Vegas on the Strip and Fremont Street was able to help you identify a budget-friendly option that will work for you!

Here are a few other articles that may be of interest to those looking to stretch their dollar:

• 40+ Ways to Save in Las Vegas
• Where to find happy hours on the Strip and cheap drink deals downtown.
• Where to find cheap eats on the Strip, and where to eat cheap on Fremont Street.

Related: The Most Expensive Hotels in Las Vegas!

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