Best Value Hotels in the Lower East Side, NYC

This Holiday Inn on Manhattan’s Lower East Side delivers all of the brand staples, as well as streamlined, contemporary -- and even stylish -- design. Spacious rooms feature free Wi-Fi and modern bathrooms; some have excellent views of the Downtown Manhattan and the Freedom Tower. The location is within walking distance of trendy restaurants, the famous Katz's Deli, and five subway lines. On-site features include a business center, meeting space, small fitness center, and an outdoor courtyard. The restaurant is open for breakfast and dinner, but not lunch, and serves burgers and brews in a kitschy, 50s-inspired atmosphere. Overall, the Holiday Inn is one of the best deals on the Lower East Side -- just know that the location on Delancey Street is busy and noisy.

With modern decor, clean private rooms, and friendly staff, The Gatsby Hotel is a fresh budget property for guests who want to avoid hostels. Situated on bustling East Houston Street, this vibrant Lower East Side location is accessible to trendy neighborhood hotspots and is right across the street from a subway station. The hotel’s 45 rooms, which sleep two to four, are tiny, even for Manhattan. However, thanks to renovations in mid-2016, they’re also clean and contemporary with wood floors, modern bathrooms, and comfy beds, as well as amenities like flat-screen TVs, coffeemakers, toiletries, and free Wi-Fi. Upgraded rooms add mini-fridges and microwaves. There’s a small reception area, but otherwise no extra property features.

The Blue Moon Hotel is housed in a historic, 1879 building that was once a tenement, and is now restored to give guests the atmosphere of a bygone New York era. Guests enter through the ground floor cafe, and once inside, the red banquettes with fringed pillows and tables with vases full of flowers create a cozy bed-and-breakfast vibe. Overall, there is a real bed & breakfast vibe here, which is rare in New York City. Beyond the initial charms, though, there are some quirks like rickety furniture and some obvious wear and tear. The hotel draws all kinds of visitors including singles looking for a cheap dorm bed, couples, even families with multiple children thanks to the generous size of the rooms. 

The Wyndham Garden Chinatown opened its doors in November 2012, providing a welcome addition to the lower Manhattan mid-range hotel scene. The hotel caters to both business and budget leisure travelers, with features such as meeting rooms, a fitness center, and free Wi-Fi. Its 106 guest rooms are small and nondescript, but all have floor-to-ceiling windows that let in a significant amount of natural light, and some come with outdoor terraces that look out onto the city.

If you're looking to crash on the Lower East Side without breaking the bank, and just need a clean place to sleep, the Redford Hotel is your place. This aesthetically bland city outpost has a great location -- around the corner from Katz's Deli, surrounded by bars and restaurants, walking distance from Soho and Little Italy -- but the cramped rooms and basic bathrooms aren't anything special. The free breakfast is a nice perk, but the neighborhood is full of excellent cafes serving cheap and delicious breakfasts.