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January 14, 2026

Budget travel in Melbourne: how to stay for less  

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Melbourne is the city that’s got everything: culture, sport, and cool events – but you don’t need to break the bank to have a good time here. With a bit of planning and some savvy accommodation, you can find the right place to stay and experience the best of the city without maxing out your credit card. This guide answers the most common questions budget travellers ask when visiting Melbourne and shows you how to make every dollar stretch further.  

How expensive is Melbourne for travellers?  

If you’re planning to stay in flash hotels, take Ubers everywhere, and eat out every night, then yes, Melbourne can get pretty pricey. On the other hand, a lot of the city’s best experiences are free or super cheap. Imagine strolling by street art in the laneways and exploring beaches, parks, and museums. Accommodation and transport tend to be the highest costs, so choosing the right base just outside the city makes a massive difference to your overall spend.  

What are the best free things to do in Melbourne?  

Melbourne punches well above its weight when it comes to free attractions. You can fill your days without spending much at all.  

  • Wander Hosier Lane and nearby street art laneways  
  • Ride the City Circle Tram and Free Tram Zone  
  • Explore the Royal Botanic Gardens and riverside walks  
  • Visit free museums like NGV International and ACMI 

These options give you a proper feel of the city without costing you a penny. Now that’s a true bargain! 

How can I save money on transport in Melbourne?  

Public transport is the way to go in Melbourne when money’s tight – it’s as simple as that. Trams are free to ride in the city centre, trains and buses are a breeze with a Myki card, and you can plan your day around the best walking areas to save some cash while taking in the sights. Plus, if you can find somewhere with good road access, it’s a whole lot easier to ditch the Ubers and save on expensive parking.  

Is it cheaper to stay outside the Melbourne CBD?  

You bet it is, and the savings can be pretty substantial. CBD hotels are always going to be on the pricey side, especially when you factor in parking. But if you stay outside the city, you’ll find lower nightly rates, more room to spread out, and bigger facilities. You will still have easy access to Melbourne’s attractions without paying inner-city prices; especially if you’re travelling with family, friends, or staying multiple nights.  

What’s the best way to eat well in Melbourne on a budget?  

You don’t need fancy-schmancy dining to eat well in Melbourne. Local bakeries, pubs, markets, and takeaway joints have some real showstoppers on the menu – and all for a fraction of the price. Queen Victoria Market, suburban cafés, and the multicultural food strips are perfect for affordable eats. Self-catering some meals can also cut down on costs, especially for longer stays.  

Where should budget travellers stay in Melbourne?  

For travellers who want great value without giving up comfort, ATVM is a smart choice. Our self-contained cabins have kitchens, free parking, and loads of room to relax – all at rates that beat city hotels. Located close to Melbourne Airport and within easy reach of the CBD, it’s a no-brainer for families, groups, tradies, and budget-conscious travellers. Book direct to access the best deals and enjoy a budget-friendly Melbourne stay that actually feels like a break. 

1 Bedroom Deluxe Apartment

Our 1 Bedroom Deluxe Apartments are self contained, making them perfect for corporate stays, whether short-term or long-term. Located on the first floor (accessible via stairs), each apartment welcomes natural light from large windows and has air conditioning, a flat screen TV, a fully equipped kitchen, a spacious open plan living and dining area, a bedroom with a king bed, ensuring a comfortable and enjoyable stay.

AUD 170