The Most Affordable Hotels in Mexico

Anticavilla Hotel, Cuernacava: Cuernavaca, the City of Eternal Spring, has long been an escape for those with means in Mexico City, dating back to the Aztecs and conquistadors. Today, One-Key Anticavilla is its crown jewel, accessible to everyone just over an hour’s drive from the capital on a steep mountain highway. The restored 17th-century manor has a stately garden and a sprawling pool, perfect for a relaxing counterpart to an urban Mexico City itinerary at rates that hover around $250 a night year-round.

Our Habitas San Miguel, San Miguel de Allende: The colonial town of San Miguel de Allende is about as charming as a Mexican pueblo can be, with cobblestone streets and a colorful plaza that have long inspired generations of artists and expats. Our Habitas San Miguel, about ten minutes walking from the city center, is an ideal base camp at less than $200 a night. Each of the rooms is set in a freestanding casita that opens into a view of the countryside — the kind of set-up that makes you feel like a local.

Hotel San Fernando, Condesa: Hotel San Fernando made our round-up of the best architecture hotels in Mexico City earlier this year for its unmissable Art Deco style. It’s also a great deal, with rooms starting at around $140 a night. When you factor in its supremely central location on the leafy edge of Parque México in Condesa and its cozy, colorful rooms, it makes for an all-around package.

Hotel Casa Cuenca, Condesa: A few blocks away from Hotel San Fernando, in a quieter part of Condesa, Hotel Casa Cuenca offers a window into the life of this neighborhood’s cool kid set. The 10-room boutique, set in an elegant 1930s property, is understated and sharp, lined with linen and lovely tile and latticed brick motifs. Rooms start at around $200 a night.

Ignacia Guest House, Roma Norte: This five-room, Roma Norte property is extremely eye-catching: rooms are padded with plush furnishings and geometric carpentry in bright candy colors. But its One-MICHELIN-Key rating signals it’s no Instagram bait; this is celebrated interior design. Rooms start, surprisingly, at around $218 and include breakfast served in the garden.

Santa Casa, Roma Norte: Period touches like high arched windows and spiral columns are a reminder of this restored 1930s mansion’s origins in a regal Mexico City neighborhood: a duchess fond of soirées once lived in the property. Today, Santa Casa is a great base to explore Roma Norte, a lively central zone with the city’s buzziest restaurants. Smart, low-frills rooms with terra cotta tile floors start at about $100 a night.

Hotel Habita, Polanco: Hotel Habita is considered Mexico City’s first design hotel, opened in 2000 by Grupo Habita, a pioneer of the global boutique hotel trend. The 36-room property is a cube of frosted glass, with a lively terrace and an enviable location on the main drag of well-heeled Polanco. Interiors are minimalist, with sleek, spartan furnishings. Rooms start at around $200 a night.

Xinalani, Puerto Vallarta: One of just three Three-MICHELIN-Key hotels in all of Mexico, Xinalani is an Inspector standout for its secluded beachfront locale south of Puerto Vallarta and its dramatic open-air lodgings. That it’s included on this list is no mistake: the minimalist ethos of this yoga resort extends to the pricing, with rooms that drop below $300 a night in the off season and, considering the sheer quality, remains one of the country's best deals even in high season. Six yoga studios with palm-thatched roofs are set in the jungle that crawls down the property to the sea, and a restaurant serves a healthful menu headlined by the freshest catch of the day.

Drift San Jose del Cabo, Los Cabos: Los Cabos, just a quick hop south of Los Angeles in Mexico’s Baja Peninsula, is one of the country’s poshest vacationlands. Drift Hotel is its hidden gem, with rooms starting at around $200 a night. Set amid the galleries of San Jose del Cabo’s center, the property is a welcome contrast to the sprawling resorts on the coast. Count on stylish rooms with raw edge furnishings and beautiful textiles.

Casa Blanco Madera, Todos Santos: Just up the road from Todos Santos, a peaceful Pacific coast beach town that’s fast becoming one of the country’s most talked about destinations, this is an intimate property, dotted with cacti and palm trees. There are just three rooms here, set in white-washed buildings with rustic rooftop terraces and well-equipped kitchenettes. In laidback Todos Santos, at around $250 a night, it’s the perfect match.

Our Habitas, Bacalar: Bacalar may not be on many international tourists’ radar yet, but the Edenic lagoon by Mexico’s Caribbean coast is laying the groundwork for a star turn. One-Key Our Habitas Bacalar was one of the first properties to offer a luxury stay here, building striking tented A-frames right up on the water’s edge. The hotel takes full advantage of its setting, offering a set of experiences out on the lagoon that you won’t find anywhere else in the country, like hydrofoil surfing and healing Janzu ceremonies. Look for rooms at around $250 a night.

Nomade Holbox, Isla Holbox: A couple hours up the coast from the mega resorts of Cancun, the car-free island of Holbox is growing in popularity as a boho alternative on the same famous white sands. One-Key Nomade Holbox is the stylish choice in town, with beachfront treehouses built with a stick-in-your-mind woven wood technique. The height of the summer means the lowest prices, but it's not rare to find rooms around $350 a night even in December and January.

InterContinental Presidente, Cancun: Cancun is one of the most popular resort towns in the world, with millions of international travelers reveling each year in its soft white sands and crystalline water. To find a deal within its wide selection of hotels can be difficult. Enter the InterContinental Presidente Cancun. The 300-room property is set right on the water, with all of the amenities, like a beach club and buffet, but the design is always tasteful, eschewing some of the tropical schlock of nearby competitors. Winter rates hover around $300 a night.

Explore more travel inspiration in Mexico: 

• 2 Days in Mexico City: A first-time visitor's guide to the city's top spots to drink, dine, shop, and stay.
  
• Three-Key Polo: The sport of kings is made familiar at the outstanding One&Only Mandarina hotel in Mexico’s Riviera Nayarit.
  
• All the Key Hotels in Mexico: : The MICHELIN Guide announces top honors for Mexican hotels in 2025.
  

Hero image: ©Anticavilla Hotel, a historic estate turned umodern design hotel in in Cuernavaca, with One MICHELIN Key.