Cheap Hotels in Toronto, Canada

Looking for a great yet cheap hotel in Toronto, Canada? From cozy guesthouses in the downtown core to simple yet comfortable hotels steps from Union Station and the CN Tower, travelers can get value without sacrificing location or basic amenities.

 

Here’s what you need to know before you book your stay.

Cheapest hotel price available

$35*

Most popular hotel

Shangri-La Toronto

Number of hotels near the airport

3,500

Average length of stay

6 days

*Hotel prices are subject to change.

Check Out the Latest OneAir Hotel Deals in Toronto

Discover exclusive discounts of up to 60% off on your next stay with the latest OneAir hotel deals in Toronto.

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Up to

35%

OFF

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Revery Toronto Downtown, Curio Collection By Hilto

Toronto, Canada

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For Check-In From Jan 03, 2026

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Up to

35%

OFF

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The Drake Hotel

Toronto, Canada

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For Check-In From Jan 03, 2026

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Up to

34%

OFF

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Novotel Toronto Centre

Toronto, Canada

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For Check-In From Jan 03, 2026

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Up to

32%

OFF

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DoubleTree by Hilton Toronto Airport

Toronto, Canada

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For Check-In From Jan 03, 2026

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Up to

29%

OFF

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The Westlake

Toronto, Canada

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For Check-In From Jan 03, 2026

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Up to

29%

OFF

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Hilton Toronto

Toronto, Canada

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For Check-In From Jan 03, 2026

When is the Best Time to Book a Hotel in Toronto

Check out the information below for the cheapest hotel booking time in Toronto.

Book Cheap Flights
Cheapest Month/s to Book

November

Book Cheap Flights
Most Expensive Month/s to Book

January

Ready to plan your trip to Toronto?

Discover everything you need to know: Cheap Flights to Toronto, Canada >>

Frequently Asked Questions

Affordable hotels in Toronto are available downtown, near Kensington Market, Scarborough, North York, and subway stations.

Top picks include The Rex Hotel, Hotel Victoria, Pembroke Inn, and Samesun Toronto.

Budget hotels typically range from $65 to $110 per night, while hostels may start at $30.

Late fall (November) and early spring (March to April) often offer lower rates compared to peak summer months.

Many budget hotels are located near subway lines and streetcar routes for easy city access.

Holiday Inn Toronto Downtown Centre, Chelsea Hotel Toronto, and Stay Inn Hotel are popular family-friendly budget options.

Properties like Stay Inn Hotel and certain Comfort Inn locations allow pets for a small fee.

Days Inn, Comfort Inn Toronto Airport, and Quality Inn Toronto Airport are affordable options nearby.

Hotels in downtown and Harbourfront areas are close to the CN Tower, Ripley’s Aquarium, and Rogers Centre.

Scarborough, Etobicoke, and parts of North York tend to have lower nightly rates compared to downtown.

How to find cheap hotels in Toronto, Canada

Looking for cheap hotels in Toronto? OneAir makes it easy to discover incredible hotel deals to destinations around the world. Follow these simple steps to start saving on your next trip.

  • Set your destination on the OneAir mobile or web app. Input your preferred destination, stay dates, number of rooms, and number of guests, and we’ll search for the cheapest hotels in Toronto. OneAir offers deals from over 2 million top-rated hotels, so you can find the most convenient and affordable options.
  • Exclusive Corporate Rates at Top Hotels Worldwide. Take advantage of our preferred corporate rates at top-rated hotels and luxury resorts. Compare prices across all room types and categories to secure the best deals. Enjoy exclusive savings you won’t find anywhere else!
  • Filter your search for specific needs. Looking for particular amenities? Use our advanced filters to find hotels with exactly what you want – from free breakfast, internet, and parking to airport shuttle, business center, swimming pool, and more.
  • Compare hotel options from multiple providers. Whether you’re looking for the lowest price, the best location, or the most amenities, we make it easy to choose based on your needs.
  • Book with confidence. Choose your ideal room, review the details, make a secure payment, and keep your confirmation handy for easy access.
  • Manage your booking easily. Access all your hotel reservations in the “My Trips” section, where you can view, modify, or cancel your bookings with just a few taps.

OneAir prices are all-inclusive – no hidden fees or extra costs. The price you see is exactly what you’ll pay. Our hotel price comparison tool scans all booking sites to find you the best deal. If we can’t offer the lowest price, we’ll show you where to find it, making hotel booking a breeze.