Top Budget Hotels in Penzance for Cozy Stays

We checked thousands of reviews on and to find the best hotels for your stay
Go to Hotel List View map
author

Edgar Loper

Updated: 17 March 2024 · 5 min

Welcome to Penzance, a charming coastal town nestled in the lively heart of Cornwall. Known for its stunning natural beauty and rich cultural heritage, Penzance offers a plethora of activities and attractions for every type of traveler. Whether you're visiting for a weekend getaway or embarking on a longer adventure, finding comfortable and affordable accommodation is essential. Luckily, Penzance is home to an array of budget hotels that cater to the savvy traveler, ensuring you can explore this captivating destination without breaking the bank.

Choosing the perfect budget hotel in Penzance is not just about finding a place to rest your head; it's about immersing yourself in the local culture. The town boasts a plethora of options, from cozy B&Bs to trendy boutique hotels, where affordability doesn't mean compromising on quality. With attentive staff, clean and comfortable rooms, and convenient amenities, these budget hotels in Penzance ensure a delightful stay. Wake up to a scrumptious breakfast, take advantage of complimentary Wi-Fi, and soak in the warm Cornish hospitality without stretching your budget.

Location is key when it comes to budget hotels in Penzance, and luckily, many of them are conveniently situated near the town's top attractions. Whether you want to explore the famous St Michael's Mount, soak up the sun on Penzance's beautiful beaches, or wander through the historic streets lined with independent shops and galleries, you'll find a budget hotel that puts you right in the lively heart of the action. Embrace the charm and affordability of Penzance's budget hotels, and let them become your home away from home as you create unforgettable memories in this captivating seaside town.
Show more + Show less -

Our Top 9

(Sorted by rating & number of reviews)

1. Estoril Bed & Breakfast
2. The Ship Inn
3. The Longboat Inn
4. Shoreline
5. The Queens Hotel
6. Duporth Guest House
7. Torwood House Bed & Breakfast
8. Union Hotel
9. Mount Royal - Penzance Bed & Breakfast

Top Affordable Gems

Check Availability

Penzance
Mar 23, 2026 - Mar 24, 2026

Estoril Bed & Breakfast

7.9

Good

(322 Reviews)

+ 116 photos
Nestled in a quiet residential area of Penzance is a hidden gem that offers a budget-friendly stay with a personal touch. The cozy rooms are individually decorated, and the friendly staff provide excellent service, ensuring a comfortable and relaxing stay. The hotel's beautiful garden provides a peaceful oasis, and the lounge area offers a cozy space to unwind and socialize. With its tranquil location and attentive hospitality, The Estoril Hotel offers a truly hidden gem experience for budget travelers.
Address: 46 Morrab Road
Rating: Good 7.9 (322 Reviews)
Rooms: 10
Price: From 137$

The Ship Inn

8.7

Good

(476 Reviews)

+ 79 photos
Located just steps away from the beach, The Ship Inn offers an idyllic coastal retreat for budget-conscious travelers. The rooms are comfortable and thoughtfully designed, featuring nautical-themed decor and modern amenities. Enjoy a hearty breakfast overlooking the sea, and spend your days exploring the nearby coastal paths or simply relaxing on the sandy shores. With its unbeatable beachfront location and reasonable rates, The Ship Inn is a fantastic choice for those seeking a budget-friendly coastal escape.
Address: South Cliff
Rating: Good 8.7 (476 Reviews)
Rooms: 6
Price: From 178$

Family-Friendly Retreats

If you're traveling with your family, finding budget-friendly accommodation that caters to everyone's needs is essential. In this section, we've handpicked a selection of family-friendly retreats among the budget hotels in Penzance. These hotels offer comfortable and affordable stays for families, ensuring a memorable vacation for all.

The Longboat Inn

7.9

Good

(2199 Reviews)

+ 55 photos
Situated near the Penzance promenade, The Longboat Inn is a family-friendly hotel that provides a welcoming and cozy atmosphere. The spacious family rooms are well-appointed and equipped with all the necessary amenities. The children can enjoy the onsite games room, keeping them entertained throughout your stay. With its convenient location near the beach and local attractions, The Longboat Inn is the perfect base for a fun-filled family vacation in Penzance.
Address: Market Jew Street
Rating: Good 7.9 (2199 Reviews)
Rooms: 24
Price: From 74$

Shoreline

9.5

Good

(24 Reviews)

+ -1 photos
The Shoreline is a distinctive budget hotel that embraces the eclectic spirit of Penzance. The rooms are individually decorated with quirky and colorful furnishings, creating a vibrant atmosphere. The hotel features a communal kitchen and lounge area where guests can gather and share stories, fostering a sense of community. With its central location and whimsical charm, The Shoreline offers an affordable and charismatic stay for travelers looking for something out of the ordinary.
Address: 1 Porthminster Terrace
Rating: Good 9.5 (24 Reviews)
Price: From 178$

Quaint B&Bs with a Budget

For those looking for a more intimate and charming stay, Penzance is home to a range of quaint bed and breakfast establishments that offer affordable accommodation without compromising on comfort. In this section, we will explore some of the top budget-friendly B&Bs in Penzance, where you can experience the warmth and authenticity of the town.

The Queens Hotel

7.7

Good

(2327 Reviews)

+ 106 photos
The Queens Hotel exudes a warm and inviting ambiance, making it an excellent choice for families visiting Penzance on a budget. The hotel offers spacious family rooms that provide ample space for everyone to relax and unwind. Kids can splash around in the hotel's indoor swimming pool, while parents can enjoy a rejuvenating session at the spa. Situated in the town center, The Queens Hotel is a convenient base for exploring Penzance's family-friendly attractions, such as the Jubilee Pool and Penzance Skatepark.
Address: The Promenade
Rating: Good 7.7 (2327 Reviews)
Rooms: 67
Price: From 120$

Duporth Guest House

8.4

Good

(500 Reviews)

+ 49 photos
Nestled in the tranquil area of Newlyn, just a short distance from Penzance provides a peaceful retreat for budget-conscious travelers. The comfortable rooms are tastefully decorated, and a delicious breakfast is served each morning, offering a variety of options to suit all tastes. The friendly hosts go the extra mile to ensure your comfort and provide recommendations for exploring the local area. With its serene location and affordable rates, Duporth Guest House offers a charming and affordable stay in Penzance.
Address: 1 Mennaye Road
Rating: Good 8.4 (500 Reviews)
Rooms: 8
Price: From 64$

Hidden Gems on a Budget

For those seeking unique and off-the-beaten-path experiences while staying within a budget, Penzance is home to several hidden gems among its budget hotels. In this section, we will uncover some lesser-known yet budget-friendly accommodations that offer a personalized and memorable stay in Penzance.

Torwood House Bed & Breakfast

9.2

Good

(412 Reviews)

+ 33 photos
Torwood House is a delightful bed and breakfast that offers a budget-friendly stay without compromising on hospitality and comfort. The cozy rooms are individually decorated, and a hearty breakfast is served each morning, featuring locally sourced ingredients. The attentive hosts provide helpful recommendations and local insights, ensuring you make the most of your time in Penzance. With its central location and warm atmosphere, Torwood House is the perfect choice for travelers seeking an authentic bed and breakfast experience on a budget.
Address: Alexandra Road
Rating: Good 9.2 (412 Reviews)
Rooms: 8
Price: From 108$

Union Hotel

6.6

Good

(1185 Reviews)

+ 44 photos
With its central location and affordable rates, The Union Hotel is an ideal choice for budget travelers looking to immerse themselves in Penzance's vibrant atmosphere. The hotel offers comfortable rooms with all the necessary amenities, ensuring a pleasant stay. Its close proximity to the town's main attractions, including the Penlee House Gallery and Museum, makes it a convenient base for exploring. The Union Hotel's friendly staff are always ready to assist you with any queries or recommendations, ensuring you make the most of your visit.
Address: Union Hotel, Chapel Street, Penzance
Rating: Good 6.6 (1185 Reviews)
Rooms: 28
Price: From 158$

Coastal Retreats on a Budget

For travelers looking to embrace Penzance's coastal charm without breaking the bank, this section highlights budget hotels that offer a wonderful seaside experience while being budget-friendly. From stunning views to convenient beach access, these coastal retreats provide both affordability and coastal allure.

Mount Royal - Penzance Bed & Breakfast

9.4

Good

(41 Reviews)

+ 113 photos
Mount Royal Guest House is a budget-friendly bed and breakfast that combines comfort and affordability in the heart of Penzance. The well-appointed rooms offer a welcoming and cozy ambiance, ideal for a relaxing stay. The breakfast served each morning is a highlight, featuring a range of freshly prepared options to start your day off right. The friendly hosts are always on hand to provide recommendations and make your stay as pleasant as possible. With its central location, Mount Royal Guest House allows easy access to Penzance's attractions and the scenic coastal walks.
Address: Chyandour Cliff
Rating: Good 9.4 (41 Reviews)
Rooms: 6
Price: From 200$

Historic Charm on a Budget

Immerse yourself in Penzance's rich history without breaking the bank by choosing one of these budget-friendly hotels with historic charm. These establishments have preserved their historic features while offering affordable rates, allowing you to experience Penzance's captivating past without compromising on comfort or cost.

Quirky and Eclectic Budget Stays

For travelers seeking a stay that is offbeat and full of character, Penzance offers a selection of quirky and eclectic budget-friendly accommodations. Combining affordability with personality, these hotels provide a unique experience that is sure to make your trip to Penzance memorable and enjoyable.