Cheapest Hotels on the Las Vegas Strip

You don't need to spend $300 a night to stay on the Strip. These hotels offer the best value on or near the Las Vegas Strip — walkable to major casinos, decent rooms, and prices that leave money for shows and dining. Updated for 2026 with current nightly rate ranges.

Best Las Vegas Hotels for Families
MGM Grand

MGM Grand

South Strip · $100–$300/night

MGM Grand is one of the largest hotels in the world and a major entertainment hub. Home to multiple shows, excellent restaurants, and the famous Hakkasan nightclub.

Best for: Entertainment seekers, groups, mid-range budgets wanting a quality experience

Pros

Massive entertainment complex

Multiple shows (KA, Jabbawockeez)

Large pool complex

Cons

Enormous property

Can feel overwhelming

South Strip location

Flamingo Las Vegas

Flamingo Las Vegas

Center Strip · $60–$180/night

The Flamingo is one of the original Strip resorts and offers an unbeatable combination of central location and affordable pricing. The wildlife habitat with real flamingos is a free attraction.

Best for: Budget travelers, first-timers wanting a central location, nostalgia seekers

Pros

Center Strip location

Affordable

Wildlife habitat

Cons

Dated rooms

Can be noisy

Basic amenities

Excalibur Hotel & Casino

Excalibur Hotel & Casino

South Strip · $40–$120/night

Excalibur's castle theme makes it instantly recognizable and appealing to families. The rooms are basic but clean, and the price point makes it one of the best budget options on the Strip.

Best for: Families on a budget, groups wanting affordable rooms, Tournament of Kings fans

Pros

Very affordable

Family-friendly

Home of Tournament of Kings

Cons

Basic rooms

Dated decor

South Strip location

Luxor Hotel & Casino

Luxor Hotel & Casino

South Strip · $50–$150/night

The Luxor's black pyramid is one of the most recognizable buildings in Las Vegas. Inside, the unique inclined elevators and pyramid rooms offer an experience unlike any other hotel.

Best for: Budget travelers, Blue Man Group fans, anyone wanting a unique hotel experience

Pros

Iconic pyramid design

Home of Blue Man Group

Affordable

Cons

Inclined elevators can be disorienting

Dated in places

South Strip

The LINQ Hotel + Experience

The LINQ Hotel + Experience

Center Strip · $70–$200/night

The LINQ offers a modern, affordable option in the heart of the Strip. Connected to the LINQ Promenade and the High Roller observation wheel, it is perfectly positioned for exploring.

Best for: Young travelers, couples on a moderate budget, High Roller visitors

Pros

Center Strip location

Connected to High Roller

LINQ Promenade shopping

Cons

Smaller rooms

Can be noisy

Party atmosphere

Treasure Island (TI)

Treasure Island (TI)

North-Center Strip · $80–$250/night

Treasure Island offers solid value with a Strip-front location and home to the legendary Mystère by Cirque du Soleil. The rooms are comfortable and the location is convenient.

Best for: Mid-range travelers, Mystère fans, those wanting good value with Strip access

Pros

Home of Mystère

Good value

Strip-front location

Cons

Somewhat dated

Limited dining

Smaller casino