Grand Central Terminal is one of the most iconic landmarks in New York City. Set in historic Midtown Manhattan, the world-famous transportation hub offers more than Metro-North trains. It features a Tiffany glass clock, main concourse celestial ceiling, The Whispering Gallery, and more than 90 stores and restaurants.

A symbol of NYC’s past and present, Grand Central Terminal is a US architectural wonder that attracts approximately 750,000 visitors daily. If you are eager to spend much of your stay in midtown Manhattan, you will be happy to learn there are many reasonably priced hotels near the terminal. Here are eight value for money hotels near Grand Central.

  • Westgate New York Grand Central

Stay close to Grand Central Terminal by booking a stay at the Westgate New York, one of the most luxurious hotels on 42nd Street.

Westgate New York Grand Central provides guests with a luxurious stay without destroying their bank balance. As the hotel offers many fantastic deals to help guests’ money go further in the Big Apple, you can trust you will recharge your batteries at an elegant hotel for an affordable price. For example, AAA members can enjoy superb rates on a hotel stay, while senior, government, and military discounts are available to save guests money, to name a few deals.

It is one of the best hotels on 42nd Street not only for its price, but for its rich history, stunning interior design, and exceptional guest experience. The newly renovated property offers a timeless elegance many hotels would struggle to rival. Also, various landmarks are on your doorstep, including Grand Central Terminal, the United Nations’ headquarters, and Times Square.

  • Row NYC

Row NYC is a reasonably priced hotel that offers various deals to maximize guests’ money during a business or leisure trip to the city.

Contrary to popular belief, centrally located hotels in New York City don’t need to cost the Earth. Row NYC is proof, as the Manhattan hotel provides a competitive rate to stretch your travel budget further in the Big Apple. Take your pick of various specials to save money on the city break, such as the breakfast package, parking package, or an essential workers’ leisure package.

The four-star property is a top choice for business travelers due to its proximity to Grand Central Terminal. Also, you can access its onsite business center, dry cleaning service, express check-out service, and an in-room computer station.

Source: Instagram, posted on March 20th, 2021, Pod 39’s official profile.

  • Pod 39

Pod 39 is a three-star midtown Manhattan hotel that provides a comfy bed and a close location to Grand Central Terminal.

Are you traveling to New York City on a small budget? You don’t need to sacrifice comfort, cleanliness, or proximity to Grand Central Terminal, as you can secure an affordably priced room at Pod 39, a three-star midtown Manhattan hotel. It might not feel as luxurious as Westgate New York Grand Central, but it does offer a comfortable bed, premium bedding, and a private bathroom.

Also, you can relax on a rooftop terrace, read a book at the onsite library, or exercise at the nearby fitness center for a discounted rate. Also, when you are not chatting to a loved one via The Whispering Gallery at Grand Central Terminal, you can visit other nearby landmarks and attractions, such as Bryant Park, Times Square, and Fifth Avenue stores.

  • Millennium Hotel Broadway Times Square

Make the most of your money and time in the city by checking into the low-cost Millennium Hotel Times Square Hotel.

If you are happy to stay a mile away from Grand Central Terminal, Millennium Hotel Times Square is a fantastic choice. Escape the chaos of Times Square by booking a stay at this four-star property that offers 626 clean, stylish, and comfortable rooms in Midtown Manhattan.

When you are not visiting Grand Central Market or viewing the Main Concourse Ceiling for yourself, you can catch a Broadway show or visit one of the many stores in Times Square. The great location doesn’t need to eat into your travel expenses. The family-friendly hotel offers affordable boutique rooms, as well as money-saving packages and deals.

  • Club Quarters Hotel, Grand Central

Stay at this award-winning boutique hotel that’s a block away from Grand Central Terminal and offers various value for money perks, such as super-fast Wi-Fi and unlimited bottled water.

A block away from Grand Central Terminal is Club Quarters Hotel, which offers attractive accommodations for an attractive price. If you plan to visit the Big Apple for more than a few days, this four-star property is a worthy consideration, as the longer you stay, the more money you can save on your trip.

The competitive rate isn’t the only reason to book a stay at Club Quarters, Grand Central. Enjoy many perks during your city break, such as lightning-fast Wi-Fi, a smart TV in your room, onsite parking, room service, and unlimited bottled water. Now that is a value for money experience in NYC.

  • EVEN Midtown East Grand Central, an IHG Hotel

EVEN Midtown East Grand Central is the best pick for health and fitness lovers hoping to stay near Grand Central Terminal.

Grand Central Terminal is a short walk away from EVEN Midtown East Grand Central, an IHG Hotel, as you can reach the transport hub in 0.6 kilometers. The fitness and wellness hotel will make you feel miles away from the atmospheric city once you step inside your guest room. Also, you can take advantage of the various offers available to slash the cost of your stay, such as the Romance package, Peloton package, or breakfast and parking deal.

It is an ideal choice if you are a health and fitness enthusiast, as you will have access to in-room fitness equipment and can receive fully customizable meals to match your diet and maintain a healthy lifestyle. Plus, you can burn off calories by visiting the onsite Athletic Studio to use its state-of-the-art fitness equipment, such as Peloton bikes. You will return home from your trip feeling healthier, happier, and stronger than ever.

Source: Instagram, posted on January 1st, 2019, Iberostar Hotels’ official profile.

  • Iberostar 70 Park Avenue

Iberostar 30 Park Avenue is a four-star property 300 kilometers away from Grand Central Terminal and a short walk from the Empire State Building.

Iberostar 70 Park Avenue provides guests with an elegant stay in the Big Apple at a value for money price. The hotel routinely features offers on its website to help customers save money on a trip to NYC. Also, they provide various perks to ensure you have a pleasant stay, such as complimentary Wi-Fi, laundry services, a 24-hour fitness center, and a 24-hour business center.

As you will stay in the heart of Manhattan, you will never be too far away from the city’s most popular landmarks and attractions. For instance, Grand Central Terminal is only 300 meters from the hotel, while the Empire State Building and Bryant Park are 600 meters away.

Source: Instagram, posted on March 4th, 2022, RIU Plaza New York Hotels’ official profile.

  • RIU Plaza Manhattan Times Square

Book a stay with style at RIU Plaza Manhattan Times Square, which offers a central, chic location for an affordable nightly rate.

You will experience a vacation to remember at RIU Plaza Manhattan Times Square. The 650-room Times Square hotel provides everything you need for an enjoyable getaway, such as an affordable rate, convenient location, and quality amenities. When you are not busy exploring Grand Central Terminal, which is 0.6 kilometers away, you can relax in an air-conditioned room, watch satellite TV, and treat yourself to a snack from the mini fridge.

Don’t forget to book a table at the onsite restaurant, especially at breakfast time, as it offers classic American dishes that will fuel your body for a busy day ahead. However, you will not be short of restaurants, bars, and food vendors to try during your stay at the four-star hotel. The central location means you will not need to venture too far to find the best dining, shopping, and entertainment venues in the city.

Conclusion

Grand Central Terminal is one of the most iconic landmarks in New York. Offering a rich history, a stunning interior design, and extensive restaurants and stores, it is a must-visit during a New York getaway.

If you want to explore the terminal during your stay or access excellent transport links with ease each day, bear the above hotels in mind when booking a Big Apple break. The above picks could save you a substantial sum, and you will not need to sacrifice comfort, style, cleanliness, or convenience.

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