10 Best Budget Hotels in Myeongdong, Seoul - IVisitKorea
Best Budget Hotels in Myeongdong Seoul

10 Best Budget Hotels in Myeongdong, Seoul

Last Updated on November 15, 2022

If you are in Seoul and need a budget hotel to stay in a while exploring the city, Myeongdong is your go-to district. Popular among tourists, Myeongdong is a central zone in Seoul with a ton of street food, shopping, sights, and other exciting attractions. Staying in Myeongdong while visiting Seoul is a great choice because you can easily connect to many bustling areas in the city from Myeongdong. It is also the perfect location for a budget hotel! These budget hotels in Myeongdong are affordable and convenient, so you can spend your energy focusing on exploring the beautiful city.

Here are some of the best budget hotels you can find in Myeongdong!

Budget Hotels in Myeongdong, Seoul (Under $100)

Dears Myeongdong

Address: 176, Toegye-ro, Jung-gu, Myeong-dong, Seoul, South Korea, 04627

In the buzzing neighborhood of Myeong-dong, Dears Myeong-Dong is the perfect budget hotel for anyone who prioritizes convenience. All the rooms in this hotel have air conditioning, a mini refrigerator, free Wi-Fi, two free bottles of water, and a flat satellite TV. You can get the Breve Twin room at Dears Myeong-Dong for as low as $65 per night. 

The hotel is a 2-minute walk (about 220 meters) from Chungmuro Subway Station and about an hour from Seoul Incheon International Airport via subway. You can take a quick trip to the popular Myeong-Dong Walking Street, check out the Deoksugung Palace, and look at the city views from N Seoul Tower.

Dears Myeongdong

  • Front desk [24-hour]
  • Wake-up Service
  • Free WiFi
  • Laundry Service
  • Valet Parking


Address: 176, Toegye-ro, Jung-gu, Myeong-dong, Seoul

Hostel J Stay Seoul Myeongdong (Korea Residence & Hotel Seoul)

Address: 5th floor, 188, Cheonggyecheon-ro, Jung-gu, Jung-Gu, 04546 Seoul, South Korea

Looking for a place near the major markets in Myeong-Dong? Hostel J Stay is a budget choice that’s perfect for that! Formerly known as Korea Residence & Hotel Seoul, the prime location of this hostel is an added advantage. Hostel J Stay is just 1.7 kilometers from the center of Seoul, with a 7-Eleven convenience store less than 750 meters from the address. 

This hostel is a great choice for solo travelers and small groups, with air-conditioned rooms, a shared kitchen and lounge area, and free Wi-Fi. For $36, you can get a Twin Room at Hostel J Stay with amenities like heating and cable TV. Hostel J Stay also offers luggage storage, a car park, and other facilities designed to make your stay a pleasant experience!

Hostel J Stay Seoul Myeongdong

  • Wi-Fi (Public Areas) 
  • Baggage storage
  • Accessible public transportation
  • Proximity to Coffee Shop


Address: 5th floor, 188, Cheonggyecheon-ro, Jung-gu, Jung-Gu, Seoul

DaeYoung Hotel Myeongdong (DaeYoung Seoul Hotel)

Address: 20-8, Toegye-ro 10-Gil, Jung-gu, Jung-Gu, 04634 Seoul

An 8-minute walk from the Myeongdong Station, DaeYoung Hotel Myeongdong is a stunning property that offers amazing views of Seoul. It is a popular accommodation among travelers and offers family rooms. So, if you are traveling with your family and need a budget hotel in Myeongdong, this is a great choice. A Triple Room at DaeYoung Hotel Myeongdong costs about $74 per night, while a Standard Double Room costs as low as $46.

This hotel has non-smoking rooms, a garden, a shared lounge, and a sun terrace. There is also an ATM close to the hotel, and currency exchange services are available for guests. You can plan your trip from (and to) the airport with the transportation services provided at DaeYoung hotel. 

If you want to explore Seoul, DaeYoung Hotel is close to Dongwha Duty-Free Shop, Bukchon Hanok Village, Namdaemun Market, and other attractions in Myeongdong. 

DaeYoung Hotel Myeongdong

  • Front Desk [24-hour]
  • Airport Transfer
  • Wake-Up Service
  • Elevator 
  • Free Wi-Fi in all areas


Address: 20-8, Toegye-ro 10-Gil, Jung-gu, Jung-Gu, Seoul

Tripstay Myeongdong

Address: 5F Arista BLDG, 54-3 Chungmu-ro, Jung-gu, Jung-Gu, 04549 Seoul, South Korea

For way less than $100, Tripstay Myeongdong offers you an authentic Korean experience. Located eight minutes from the infamous Gwangjang Market, this budget hotel gives guests a panoramic view of the sights and attractions in Seoul. Tripstay Myeongdong is just 2.0 kilometers from Gyeongbokgung Palace and 901 meters from Noon Square. It is a great location to truly explore all that Myeongdong has to offer, and you can get a Double Room here for as low as $53. 

All the rooms at this hotel have a seating area, private bathroom, refrigerator, flat-screen television, and air-conditioning. And if you don’t feel like being holed up in your room, there is a shared lounge and kitchen area where you can meet and mingle with other guests. The 24-hour front desk staff offer express check-in, check-out, and luggage storage, and they can also connect you to tours and shows that you are interested in-talk about hospitality!

Tripstay Myeongdong

  • Laundromat & Laundry Services
  • Free Wi-Fi
  • 1.1 km from the center of Seoul
  • Close to Myeong-Dong Walking Street
  • Front Desk [24-hour]


Address: 5F Arista BLDG, 54-3 Chungmu-ro, Jung-gu, Jung-Gu, Seoul

Creto Hotel

Address: 53 Myeongdong 8ga-Gil Jung-gu, Myeong-dong, 04537 Seoul, South Korea, 100-012


Located in the bustling shopping district of Myeongdong shopping district, Creto Hotel offers some of the best hospitality amenities on a budget. With a queen bed Double Room for as low as $66, Creto Hotel has mini-bars and en-suite bathrooms in all rooms! The modern space includes air-conditioning, black-out curtains, concierge service, express check-in/check-out, luggage storage, free Wi-Fi, and safety deposit boxes.

Although smoking indoors is not permitted, the staff, who speak English, Korean, and Japanese, can direct you to designated areas. The front desk staff also provides concierge and currency exchange services, so you don’t have to worry about accessing local currency. The rooftop at Creto Hotel has a stunning view of Seoul. Meanwhile, the hotel’s ground floor has a Nescafé where you can get beverages before heading out. This budget hotel is within a 2-minute walking distance of the Myeongdong Subway Station, and Incheon International Airport is only a bus ride away.

Creto Hotel

  • Front desk [24-hour]
  • Free Wi-Fi
  • Luggage storage
  • Wheelchair Accessible
  • Tours


Address: 53 Myeongdong 8ga-Gil Jung-gu, Myeong-dong, Seoul

Myeongdong Sunshine Guesthouse

Address: 27, Myeongdong 8ga-Gil, Jung-gu, Jung-Gu, 04537 Seoul, South Korea

With a single room going for as low as $64, Myeongdong Sunshine Guesthouse is the perfect budget hotel for a solo trip to Seoul. You can access free Wi-Fi in all the rooms and public areas. Each room has a private bathroom, refrigerator, desk, and flat-screen TV to make your stay as relaxing as possible. The guest house also has a shared lounge and shared kitchen, and the staff provides luggage storage and laundry facilities for guests who specifically request these services.

Located two minutes from the Myeongdong Subway Station, the hotel offers a unique view of the city. Starting with the tourist attractions in Insadong and Bukchon Hanok Village, you can explore the district’s sights and cultures. Don’t forget to buy gifts and souvenirs at the expansive Myeongdong shopping area.

Myeongdong Sunshine Guesthouse

  • Free Wi-Fi
  • Air conditioning
  • Car park
  • Ticket & Tour services
  • Non-smoking


Address: 27, Myeongdong 8ga-Gil, Jung-gu, Jung-Gu, Seoul

OYO Hostel Myeongdong 3

Address: 4, 5F, 35-20, Myeongdong 10-gil, Jung-Gu, 04537 Seoul, South Korea

Five minutes from the iconic 19th-century Gothic-style Myeongdong Cathedral, you will find one of the best budget hotels in Myeongdong. The OYO Hostel Myeongdong 3 is a budget hotel with air-conditioned single, double, and family rooms. Rooms at the OYO Hostel Myeongdong 3 come with a desk, private bathroom, flat-screen TV, and refrigerator. You can get a double or twin room at this hostel for $58. It is the perfect budget hotel choice for solo and group travel to the heart of Seoul. 

From OYO Hostel Myeongdong 3, you can easily get to Myeongdong Station, Bangsan Market, Jongmyo Shrine, Gyeongbokgung Palace, and other sights and attractions. The hostel-style accommodation also features a shared kitchen and a shared lounge. You can stay connected to the internet with the hostel’s free Wi-Fi in public areas and rooms. In addition to all the amazing amenities at OYO Hostel Myeongdong 3, the staff will provide luggage storage for you.

OYO Hostel Myeongdong 3

  • Airport Transportation 
  • Free Wi-Fi
  • Laundry service
  • Tours


Address: 4, 5F, 35-20, Myeongdong 10-gil, Jung-Gu, Seoul

Hostel Haru

Address: 61 Cheonggyecheon-ro, Gwancheol-dong, Jongno-gu, Seoul

Nestled between Insadong and Myeongdong is this budget-friendly hotel. Right in front of the property, you’ll find a calming stream and the hostel interior is as aesthetically pleasing. Hostel Haru is a great budget hotel choice with a beautiful lounge area, tastefully designed rooms, and many amenities. 

You can get a Single Room with one twin bed for $62 per night or a Bunk Twin Room for $114 (with booking discounts of up to $40 off). Hostel Haru rooms have the same amenities; air conditioning, refrigerator, private bathroom, free Wi-Fi, flat screen TV, number-coded safe, and daily housekeeping. Hostel Haru is a budget hotel in Myeongdong that offers great value with excellent security and front desk services. Outside the hostel, you can find multiple cafes and restaurant options. The Myeongdong shopping stretch also offers amazing attractions and sights to check out. You can get your trip off to an exciting start from Hostel Haru, which is 850 meters from the city center!

Hostel Haru

  • Concierge Service
  • Laundromat 
  • Free Wi-Fi
  • Non-smoking 


Address: 61 Cheonggyecheon-ro, Gwancheol-dong, Jongno-gu, Seoul

Step Inn Myeongdong 1

Address: 15F, 55, Myeongdong-Gil, Jung-gu, Myeong-dong, Seoul, South Korea

Situated in central Seoul, Step Inn Myeongdong 1 is a step in the right choice for a budget hotel. Within walking distance of the infamous Myeongdong shopping area and the Myeongdong subway station, this hotel offers affordable accommodation in the best way. 

All rooms at Step Inn Myeongdong 1 have air conditioning, a dressing table, and a refrigerator. Dorm-style rooms may have to share a bathroom, but private bathrooms have showers and electronic bidets. You can get a Single room without a window for $55 and a bed for one person in a 4-bed dormitory at $30 per night. You may be skeptical about the ‘no window’ clause. Don’t worry, it just means that while the room won’t offer any views, the ventilation is still great. 

You can make the most of your trip to Seoul while staying within your budget by staying here. The hotel is close to a lot of local attractions and sights. You can easily buy as many things as you want from Myeongdong walking street without worrying about carrying them across town.

Step Inn Myeongdong 1

  • Check-in [24-hour]
  • Front desk [24-hour]
  • Non-smoking rooms
  • Airport Transportation 
  • Free Wi-Fi 


Address: 15F, 55, Myeongdong-Gil, Jung-gu, Myeong-dong, Seoul

L7 Myeongdong by LOTTE 

Address: 137, Toegye-ro, Jung-gu, Jung-Gu, 04537 Seoul, South Korea

A chain brand as an option for a budget hotel doesn’t sound possible, but L7 Myeongdong by LOTTE stands out! Located 440 meters from Myeongdong Walking Street, this hotel defines comfort on a budget. From front desk services like luggage storage, express check-in/check-out, and safety deposit boxes to room standards, L7 Myeongdong by LOTTE is a great budget hotel! While the rooms at this hotel typically range above $100, you can still get a Standard Twin room with up to 82% discounted rate ($97) from your booking platform. 

The sheer design quality of this hotel is all you need to know about the standard of L7 Hotels. All the rooms are fitted with blackout curtains, air conditioning, flat-screen TV, and cable. You can also find a refrigerator, mini bar, and instant coffee in some rooms. L7 Myeongdong by LOTTE takes your travel experience to the next level. From this budget hotel, you can check out numerous tourist locations and fulfill your plans on your trip to Seoul!

L7 Myeongdong by LOTTE 

  • Daily Housekeeping 
  • Access to free Wi-Fi 
  • Non-smoking 
  • Rooftop Bar
  • Front desk [24-hour]


Address: 15F, 55, Myeongdong-Gil, Jung-gu, Myeong-dong, Seoul

Myeongdong offers everything you want from a travel experience. The district has amazing food and dining experience, great shopping options for goods and souvenirs, the best rate currency exchange (for those who need it), and affordable accommodation. You can easily find some of the best budget hotels in Myeongdong with all the standard features and highlights. Check out any of these budget hotels in Myeongdong and make the best of your trip to Seoul!

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