πŸ‡ΊπŸ‡Έ Chicago, United States Β· Under $300

5 Best Hotels in Chicago Under $300 per Night

Five of the best hotels in Chicago under $300 per night, ranked using verified Booking.com hotel data, guest ratings and review support.

Prices checked: Sep 10, 2026

Quick comparison

Reference prices show the intended budget band, not a guaranteed live rate. Confirm the total price and availability on Booking.com for your dates.

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HotelArea5staysBooking.comReviewsFrom
L7 Chicago by LOTTEChicagoβ˜…β˜…β˜…β˜…β˜…5stays selection9.12,279$195
Staypineapple, An Iconic Hotel, The LoopChicagoβ˜…β˜…β˜…β˜…β˜…5stays selection9.0956$241
The Buckingham HotelChicagoβ˜…β˜…β˜…β˜…β˜…5stays selection9.0706$183
Arlo ChicagoChicagoβ˜…β˜…β˜…β˜…β˜…5stays selection8.91,939$164
Loews Chicago HotelChicagoβ˜…β˜…β˜…β˜…β˜…5stays selection8.91,176$254

A hotel can move above the threshold when demand rises. See how we rank hotels.

Five selected Chicago hotels under $300 per nightBooking.com rating and reviews

L7 Chicago by LOTTE in Chicago
β˜…β˜…β˜…β˜…β˜…5stays selection9.12,279 reviews

L7 Chicago by LOTTE

Yoga mats and bathrobes are thoughtful room details at L7 in the Loop. Complimentary lobby coffee and tea, a 24-hour gym and in-room spa services offer different ways to start or finish a day beside the Chicago River.

Chicago
From$195 per night
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Staypineapple, An Iconic Hotel, The Loop in Chicago
β˜…β˜…β˜…β˜…β˜…5stays selection9.0956 reviews

Staypineapple, An Iconic Hotel, The Loop

Daniel Burnham's architecture, mosaic floors and marble ceilings give Staypineapple a memorable Loop setting. Selected suites look towards Millennium Park and Lake Michigan, and bicycle hire offers a different way to explore the city.

Chicago
From$241 per night
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The Buckingham Hotel in Chicago
β˜…β˜…β˜…β˜…β˜…5stays selection9.0706 reviews

The Buckingham Hotel

The Buckingham Hotel is a 3-star hotel 0.3 km from the city centre. It suits first visits centred on walking and sightseeing. The busy central setting offers little sense of seclusion.

Chicago
From$183 per night
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Arlo Chicago in Chicago
β˜…β˜…β˜…β˜…β˜…5stays selection8.91,939 reviews

Arlo Chicago

Chicago Symphony Orchestra and Shops at Northbridge are less than a 10-minute walk from the hotel. It works for short stays focused on exploring the destination. The nearest airport is Midway International Airport, 9.3 mi from the property.

Chicago
From$164 per night
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Loews Chicago Hotel in Chicago
β˜…β˜…β˜…β˜…β˜…5stays selection8.91,176 reviews

Loews Chicago Hotel

The Art Institute of Chicago is a 19-minute walk, and Willis Tower lies 1.6 mi from the property. It works for travellers prioritising rail or metro access. The address is 1.6 km from the city centre.

Chicago
From$254 per night
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Live availability

Explore more Chicago stays under $300

Choose your dates in the map to compare live Booking.com options around Chicago.

Prices and availability are supplied inside the Stay22 map and can change with dates, guests and room availability.

Trump International Hotel & Tower Chicago in Chicago

Where to stay in Chicago on a $300 budget

The Loop is practical for architecture and museums, while River North and the Magnificent Mile suit dining and shopping. West Loop is strong for restaurants and the Gold Coast feels more residential.

For a wider selection, see our guide to the best hotels in Chicago.

Hotel image supplied by Booking.com

Frequently asked questions

Chicago hotels under $300: common questions

01What are the best hotels in Chicago under $300 per night?

L7 Chicago by LOTTE, Staypineapple, An Iconic Hotel, The Loop, The Buckingham Hotel, Arlo Chicago, Loews Chicago Hotel form this shortlist after destination, property type and dated price checks.

02Are these Chicago hotel prices guaranteed?

No. Each hotel showed a dated reference rate at or below $300, but live rates change with dates, demand, occupancy and room conditions.

03How does 5stays select Chicago hotels under $300?

We verify that each property is a hotel in the named destination, apply the observed nightly price ceiling, then rank the eligible options using Booking.com rating and review volume.

04Where should you stay in Chicago?

Compare the Loop, River North, the Magnificent Mile, West Loop and Gold Coast. The best area depends on transport, attractions and the atmosphere you prefer.

05Does the $300 limit include taxes and breakfast?

Not necessarily. Always compare the final stay total, taxes, room type, meal plan and cancellation conditions on Booking.com.