Flatiron is one of Manhattan’s most desirable places to stay, but that doesn’t mean you have to pay luxury prices to stay in or around it. With the right choices, you can find budget-friendly hotels near Flatiron.
There are places that still keep you within walking distance of Flatiron, Madison Square Park, and the city’s transit network.
This guide highlights affordable hotels near Flatiron based on currently available pricing trends. These hotels have a central location and value, making them great options for travelers who want to be in the heart of Manhattan without the premium rates.
⭐ Quick Answer – Best Affordable Hotels Near Flatiron
The best affordable hotels near Flatiron are Hotel Henri NY, Lex Hotel NYC, The Evelyn, The Twenty Two New York, and SpringHill Suites by Marriott Midtown / Flatiron Area. All five show up in lower-price searches near the Flatiron Building (typically in the ~$130–$180 range on Expedia depending on dates).
Comparison — Affordable Hotels Near Flatiron
| Hotel | Typical Nightly Value | Best For | Walk to Flatiron |
|---|---|---|---|
| Hotel Henri NY | ~$130-$180 | Boutique budget stays | ~4-6 min |
| Lex Hotel NYC | ~$130-$190 | Budget travelers | ~5-7 min |
| The Evelyn | ~$140-$190 | Central location deals | ~5-7 min |
| The Twenty Two New York | ~$140-$190 | Families/groups | ~6 min |
| SpringHill Suites by Marriott Midtown | ~$130-$190 | Extended stays | ~8 min |
(Prices vary by date and demand; these ranges reflect observed Expedia filters near Flatiron.)
1. Hotel Henri NY
📍 West 24th Street, Flatiron core
Hotel Henri NY always appears in affordable rate searches near the Flatiron Building, especially on weekdays and off-peak periods. It has a boutique feel without the high luxury markup in rates.
Why it’s a value pick
- Competitive rates near the core
- Boutique charm with solid basics
- Walkable to Madison Square Park and transit
Best for: Solo travelers and short stays
Local Tip: Rooms on higher floors are quieter and often priced similarly to lower floors.
2. Lex Hotel NYC
📍 Lexington Avenue, walkable to Flatiron
Lex Hotel NYC shows up in lower rate filters on Expedia in a better position than many neighboring properties. Its central location and simple, functional rooms help keep rates strongly stable.
Why it’s a value pick
- Solid pricing relative to proximity
- Functional, clean rooms
- Close to Union Square and Flatiron
Best for: Budget travelers and commuters
Local Tip: Prefer walking down Irving Place for a quieter street experience of Flatiron (About 7 min walk)
3. The Evelyn
The Evelyn often offers rather competitive pricing for its location, especially compared to newer or trendier properties. This makes it a good choice for travelers who want a central location with good value.
Why it’s a value pick
- Frequent off-peak deals
- Central to transit and dining
- Classic + comfortable rooms
Best for: Travelers wanting a great location without a premium price tag
Local Tip: The east side streets between 28th and 23rd are quieter for evening walks.
4. The Twenty Two New York
📍 East 16th Street near 5th Avenue (Near Flatiron Building, 8 min. walk)
The Twenty Two New York isn’t flashy, but it provides good room options and solid value compared with many hotels in the area. This is especially useful for families or travelers needing a bit more space.
Why it’s a value pick
- Great rooms for the price
- Central location on Broadway
- Practical amenities without high markup
Best for: Families or travelers who want to spread out
Local Tip: Request a room away from 5th Avenue for less street noise at night.
5. SpringHill Suites by Marriott Midtown
📍 Midtown / Flatiron fringe (walkable)
SpringHill Suites by Marriott Midtown consistently shows up near the bottom end of pricing for hotels near the Flatiron area on Expedia, making it one of the better value brand options within walking distance.
Why it’s a value pick
- Extended stay design with more space
- Reliable brand with good pricing
- Walkable to Flatiron and transit
Best for: Longer stays and travelers who prioritize space
Local Tip: Take the subway from nearby 28th St to explore Uptown and Downtown without almost any extra cost.
Why Flatiron Can Still Be Affordable
Staying near the Flatiron Building doesn’t always require premium prices:
- Weekday rates are often lower than weekend/peak rates
- Brand hotels often underprice boutique neighbors
- A walkable layout reduces transit and ride-share costs
- Nearby parks and free public spaces add value
For travelers who plan ahead and avoid peak tourist times, Flatiron delivers strong value.
FAQs – Affordable Hotels Near Flatiron
What Counts as “Affordable” near Flatiron?
In Manhattan, affordable usually means ~$130–$180 per night in the immediate area (before taxes/fees), based on current Expedia pricing.
Are These Hotels Walkable to the Flatiron Building?
Yes! All are within a ~5–10-minute walk of Flatiron or Madison Square Park.
Are There Cheaper Hotels Further Out from Flatiron?
Yes. Sub-$120 hotels tend to be further north toward Midtown or south near Union Square, outside the core of Flatiron.
Do These Hotels Offer Amenities like Wi-Fi Included?
Most include basic Wi-Fi, but you should check specific property details for extras.
Final Takeaway
Affordable hotels near Flatiron exist but Manhattan pricing means the sweet spot is often value-oriented rather than budget-basement. With advance planning and weekday pricing, you can stay within walking distance of Flatiron landmarks without paying premium rates.