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10 Cities Where Airbnbs Are Still Cheaper Than Hotels

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Vacation accommodation prices have increased considerably in the past 12 months.

Alongside the soaring price of international and domestic air travel, that means the overall price of traveling has increased too.

As a result, many tourists are focusing on price when choosing their accommodation and their next vacation destination. But which is cheaper: Staying in a hotel or an Airbnb?

10 Cities Where Airbnbs Are Still Cheaper Than Hotels

To make this choice easier, Moneyzine has looked at the average cost per night of hotels and Airbnbs in 35 of Europe’s most popular cities.

Here are 10 cities where Airbnbs are still cheaper than hotels:

Istanbul

Istanbul is the city where Airbnbs provide the best value for money compared to the average price of hotels.

The average rate for an Airbnb in Istanbul is $45.37 per night. That’s 61.77% cheaper than the average price of a hotel in the city. The average hotel price in Istanbul is $118.69 per night.

These are the second-lowest Airbnb prices of all of the cities analyzed. This confirms that Turkey remains one of the cheapest vacation destinations in the Mediterranean.  

View of Istanbul from a traditional terrace

Athens

The price gap between the average price of hotels and Airbnbs is equally large in Athens at 49.53%.

The average price of an Airbnb in Athens is $69.67 per night. The average price of a hotel in Athens is $138.05 per night.

the-acropolis-in-athens

Lisbon

Portugal has soared in popularity this summer and is now considered one of the best European vacation destinations.

If you want to see Portugal on a budget, then Airbnbs in the capital of Lisbon are 48.88% cheaper than average hotel room prices.

The average price of an Airbnb in Lisbon is $107.51 per night. The average price of a hotel room in Lisbon is $210.30 per night.

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View of Lisbon from a hotel window

Berlin

Berlin has the second most expensive hotel rooms in Europe, with the average hotel room in the city costing $236.10. By contrast, Airbnbs are 46.45% cheaper with the average Airbnb price in the city sitting at $126.44.

Daily costs in Berlin are generally inexpensive. Eating out here is affordable and admission to many of its most interesting attractions are completely free of charge.

Opting for an Airbnb instead of a hotel is one of the best ways to save money on the overall cost of your trip.

Berlin Germany

Paris

Paris offers the most expensive hotel and Airbnb prices of any of the cities surveyed. But prices for an Airbnb in the city are still significantly less than the prices for a hotel.

The average price of a hotel room in Paris is $242.55 per night. The average price of an Airbnb in Paris is $131.17 per night.

That means that staying in an Airbnb is 45.92% cheaper than a hotel in the City of Lights.

paris balcony with splendid view on eiffel tower at sunset

Barcelona

The third-most expensive hotel rooms of the European countries on this list are found in the Catalan capital of Barcelona. You can expect to pay $220.62 on average for a hotel room here.

The average Airbnb price is $123.64 which is 43.96% cheaper and represents a significant saving.

Barcelona,-,May,3:,City,Beach,,400,Meters,Long,,It

Dubrovnik

Dubrovnik is a hugely popular destination that is suffering from the impact of over-tourism, but this is not reflected in the accommodation prices, which remain relatively affordable.

The average price of a hotel room in the city is $188.36 and the average price of an Airbnb in the city is $108.59.

This means that an Airbnb is 42.35% cheaper than a hotel room in the city.

Dubrovnik at sunset.

Helsinki

Helsinki is considered a very expensive place to visit, but this is not reflected in accommodation prices which are at the mid-range of this list.

The average price of a hotel room in the capital of Finland is $141.92 while the average price of an Airbnb is $82.57.

This means that an Airbnb is 41.82% cheaper than the average price of a hotel room, giving you extra cash in your pocket to pay for the above-average prices of food and drink in Helsinki.

helsinki-aerial photo

Chisinau

The capital of Moldova offers the cheapest Airbnb and hotel rates of any of the cities surveyed. In fact, the prices are significantly cheaper than the other cities on the list.

You can expect to pay $40.86 on average per night for an Airbnb. And an average of $68.38 per night for a hotel room. This means that an Airbnb rental is 40.25% cheaper than a hotel room.

Aerial View Of The Gates Of Chisinau, A Communist Era Landmark In Chisinau, Capital City Of Moldova, Eastern Europe

Kotor

Kotor is a gorgeous city in Montenegro and offers a significant difference between the average price of a hotel and an Airbnb at 39.97%.

You can expect to pay an average of $123.73 for a hotel in the city but if you’re hoping to save a few bucks, then an Airbnb will cost an average of just $73.96.

This makes Kotor an incredibly affordable vacation destination, particularly if you opt to stay in an Airbnb for the duration of your stay.

View Of Kotor Town And Kotor Bay From Atop Kotor Fortress, Montenegro, Mediterranean Europe, Adriatic Coast

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This article originally appeared on TravelOffPath.com

Opinions expressed here are the author’s alone, not those of any bank, credit card issuer, hotel, airline, or other entity. This content has not been reviewed, approved or otherwise endorsed by any of the entities included within the post.


Ol

Friday 28th of July 2023

That is so not true) especially in Lisbon

Dylan

Friday 28th of July 2023

Price averages mean nothing. I'd rather stay in a small local apt hotel than take a chance with a company that doesn't always have your back. Two out of two really bad experiences with Airbnb did it for me.

Marc

Thursday 27th of July 2023

Are you even comparing apples to apples? Inexpensive airbnbs are often a room in a shared house or apartment, whereby a hotel would never offer this option. I have also found hotel rooms listed on airbnb and after a bit of digging I have been able to find the hotel on another site and it is always cheaper elsewhere given airbnb's fees.

Amanda

Tuesday 25th of July 2023

Kotor is not the capital of Montenegro. Podgorica is!

L.E.

Thursday 27th of July 2023

NO one said anythingcapitalthe capital. 'A city' waa mentioned twice though.