Key West is one of the most beautiful US destinations due to its beautiful beaches, rich marine life, and many historical attractions to explore. Visitors enjoy plenty of exciting activities in summer, including exploring the mangrove swamps at Boca Chica Beach and touring Key West's top attractions. Budget Savvy travelers can explore these ten cheapest places to stay in Key West for an unforgettable summer vacation.

The recommended cheapest places to stay in Key West have been carefully selected by comparing and reviewing affordable accommodation options with over 8 as a rating. These places have received numerous positive reviews from returning clients and can provide decent accommodations for budget-savvy travelers.

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Kimpton Winslows Bungalows

Budget-savvy travelers can get accommodation at Kimpton Winslow bungalows, a lushly landscaped campus in old town Key West. It's a few minutes from Higgs Beach, Key West Firehouse Museum, Key West Lighthouse, Key West Butterfly, and Nature Conservatory. Guests can book rooms and villas with comfortable beds, premium bedding, HD TVs, and mini-refrigerators. The package includes unlimited access to the swimming pools and complimentary breakfast.

Hyatt Centric Key West Resort & Spa

Hyatt Centric Key West Resort & Spa offers budget-friendly accommodation in old-town Key West near Simonton Beach and Pirate Soul Museum. The guest rooms have island-inspired decor, rainfall showers, and beautiful floor tiles. Visitors can dine at the sea-to-table restaurant, unwind at the pool and fitness center and enjoy plenty of exciting summer activities, including watching the sunset at Mallory Square, visiting the Key West Shipwreck Museum, swimming, and snorkeling in Simonton Beach.

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Alexander Palms Court

Alexander Palms Court is a tropical-style guesthouse in Key West off Duval Street. It's a few minutes from South Beach, Dog Beach, the Southernmost Point Buoy, and the Basilica of St. Mary Star of The Sea. Guests enjoy comfortable rooms with private bathrooms or studios, one and two-bedroom suites with air conditioning, separate kitchens, and modern amenities. Children below 16 stay free when sharing with adults, and the facility provides free parking. Guests have unlimited access to the outdoor pool with ample sunbathing area with natural shade from lush palm trees.

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The Laureate

The Laureate is a 3-star hotel in Key West near Earnest Hemingway Home and Duval Street. It offers budget-friendly accommodation with panoramic sea views, air conditioning, ample working spaces, and premium linens. Guests can book the one, two, or three-bedroom suites with private balconies, grocery delivery services near world-class dining options, Smathers Beach, and nightlife. The package includes access to the pool and complimentary breakfast for each overnight stay.

Southwinds Motel

Southwinds Motel is an affordable hotel in Oldtown Key West, a block from Duval Street and the ocean. It's perfect for budget-savvy solo travelers, friends, or couples yearning for summer island vibes. Guests enjoy accommodation in modern guestrooms with spacious beds, plush Eurotop mattresses, microwaves, TVs, and refrigerators. They can dip in one of the pools, spend a day at Dry Tortugas National Park or go skiing, diving, and snorkeling at Fort Zachary Taylor Historic State Park.

L’Habitation Guesthouse

L’Habitation is an adult-exclusive Guesthouse in Key West, a few minutes from Smathers Beach and half a block from Fort Zachary Taylor Beach. Audubon House, Truman Little White House, Hemingway Home, and Mallory Square are a few minutes away. Guests enjoy clean, beautifully furnished, and decorated rooms with private bathrooms, free Wi-Fi, air conditioning, and refrigerators. Complimentary breakfast is served each morning on the tropical terrace.

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Coral Cove #1

Coral Cove #1 is an apartment in Key West, a few minutes from South Beach, Ernest Hemingway Home & Museum, Key West Lighthouse, Jackson Square, and the Southernmost Point. It has one large bedroom accommodating two people, which is ideal for budget-savvy couples. Guests have a private kitchenette with a refrigerator, microwave, kitchenware, and tea/coffee maker. There is a private swimming pool, linens, towels, wireless internet, a washing machine, and a private patio.

The Weatherstation Inn

The Weatherstation Inn is a historic adults-only bed and breakfast in a navy yard in Key West, a few minutes from Mallory Square, Duval Street, and a few kilometers from Duval Street. It has eight affordable guest rooms with comfortable beds, premium bedding, air conditioning, and private bathrooms with free towels and linens. Guests enjoy free parking, an outdoor swimming pool, complimentary breakfast, and concierge services.

Avalon Bed and Breakfast

Avalon Bed and Breakfast is an adults-only three-guest house in Key West. It is near South Beach, Dog Beach, Key West Lighthouse, Ernest Hemingway Home and Museum, and the US Naval Station. Guests can dine from the surrounding restaurants, eateries, and cafes and explore the nearby top attractions. At night, they can retire to the 19 air-conditioned guest rooms with sitting areas, parquet floors, flat-screen TVs, and ironing facilities. There is an outdoor pool and paid parking spaces in the facility.

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The Perry Hotel & Marina Key West

The Perry Hotel & Marina is a casual accommodation option in Key West, a few minutes from Key West Harbor, offering five-star services at budget-friendly prices. It has beautifully appointed guest rooms with rustic touches and contemporary furnishings, offering breathtaking Stock Island Views. Some rooms have large furnished balconies, and all have flat-screen TVs, walk-in showers, coffee makers, and bath & body essentials. Guests enjoy exciting summer activities, including jet skiing, sailing, snorkeling, and sandbar hopping.