I visited Phnom Penh in 2025 with my wife and spent a few days exploring the city’s markets, riverfront, historical sites, and local food. Like many travellers, I wanted to stay comfortable but budget-friendly — and I found some excellent options.
In this blog, I’m sharing the top 5 best and cheap hotels in Phnom Penh based on location, price, comfort, and convenience. These hotels are popular on Agoda and ideal for budget travellers, couples, families, and solo visitors.
Why Trust This List?
- Based on personal travel experience
- Focused on budget stays near transport and key sights
- Hotels commonly booked on Agoda
- Great for first-time visitors and value-conscious travellers
Quick Comparison: Best Cheap Hotels in Phnom Penh
| Hotel Name | Area | Nearest Landmark | Best For | Price Level |
|---|---|---|---|---|
| Mad Monkey Phnom Penh | Riverside | Sisowath Quay | Backpackers & social | Budget |
| Mekong Red Gecko Hotel | Riverside | Riverside & Night Market | Couples & budget | Affordable |
| Anik Boutique Hotel | Central | Wat Phnom | Cozy & affordable | Budget |
| Okay Boutique Hotel | Central | Riverside & Night Market | Clean & central | Budget |
| The Blue Lime Phnom Penh | BKK1 | Local cafes & shops | Quiet & comfortable | Budget |
1. Mad Monkey Phnom Penh
Location: Riverside
Nearest Landmark: Sisowath Quay
Why I Recommend It
Mad Monkey Phnom Penh is a lively backpacker favourite. I stayed here briefly, and what stood out was the social vibe — perfect for meeting fellow travellers. Rooms are simple, clean, and very budget‑friendly.
Located right by the riverwalk, it’s easy to explore Phnom Penh’s waterfront, night markets, and cafes on foot.
Distance from Attractions
- Sisowath Quay: 1 minute walk
- Night Market: 3 minutes walk
- Royal Palace & Silver Pagoda: 10–12 minutes walk
Book on Agoda:
Check the latest deals for Mad Monkey Phnom Penh
2. Mekong Red Gecko Hotel
Location: Riverside
Nearest Landmark: Night Market & Riverside
Why I Recommend It
Mekong Red Gecko Hotel combines great value, comfort, and a central location. The rooms were more spacious and the staff was helpful — a step up from basic budget hotels.
From here, I walked almost everywhere — dinner spots, riverfront walkways, and markets.
Distance from Attractions
- Riverside & Night Market: 4 minutes walk
- Sisowath Quay: 6 minutes walk
- Central Market: 15 minutes by foot or short tuk‑tuk ride
Book on Agoda:
View affordable prices for Mekong Red Gecko Hotel
3. Anik Boutique Hotel
Location: Central Phnom Penh
Nearest Landmark: Wat Phnom
Why I Recommend It
Anik Boutique Hotel offers simple, clean rooms at a great price. It’s perfect for travellers who want a quiet stay but still be close to main attractions like Wat Phnom and city markets.
Breakfast was included, which helped me save on food costs every morning.
Distance from Attractions
- Wat Phnom: 5 minutes walk
- Central Market (Phsar Thmei): 10 minutes walk
- Riverside: 15 minutes walk
Book on Agoda:
Check rates for Anik Boutique Hotel
4. Okay Boutique Hotel
Location: Central Phnom Penh
Nearest Landmark: Riverside & Night Market
Why I Recommend It
Okay Boutique Hotel is a well‑reviewed budget hotel with comfortable rooms and a very central location. The highlight for me was its proximity to the night market and riverwalk, both within walking distance.
Staff were friendly and the hotel helped arrange tours and tuk‑tuks for temple trips.
Distance from Attractions
- Riverside & Night Market: 3 minutes walk
- Sisowath Quay: 5 minutes walk
- Royal Palace & Silver Pagoda: 12 minutes walk
Book on Agoda:
Find best deals for Okay Boutique Hotel
5. The Blue Lime Phnom Penh
Location: BKK1
Nearest Landmark: Local Cafés & Shops
Why I Recommend It
Blue Lime Phnom Penh is a great option if you prefer a slightly quieter neighbourhood but still within reach of city attractions. It’s in the BKK1 area, known for cafes, restaurants, and local vibe.
This hotel felt more comfortable — great for travellers who want a bit more space without spending too much.
Distance from Attractions
- Riverside & Night Market: 10–12 minutes walk
- Wat Phnom: 15 minutes walk
- Central Market: 15–20 minutes walk
Book on Agoda:
Check room rates for The Blue Lime Phnom Penh
Tips for Budget Stays in Phnom Penh
- Walk or use tuk‑tuks for short distances — cheap and convenient
- Stay near Riverside or Central areas to reduce transport needs
- Book hotels on Agoda early for best prices
- Explore night markets and local food stalls for affordable meals
Phnom Penh is a dynamic city with historical sites, riverwalks, and vibrant markets. These top 5 best and cheap hotels offer value, comfort, and great locations, making them ideal for travellers on a budget.
During my stay, being near the riverside and markets made exploring Phnom Penh much easier and more enjoyable.
If you have any questions about my trip, don’t hesitate to ask them!
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