There are a large number of budget hostels and guesthouses in Hong Kong. Most of them are situated in two buildings in the Tsim Sha Tsui area, which are extremely popular among budget travelers, Chungking Mansions and Mirador Mansion. These buildings house over 50% of all hostels that can be offered in Hong Kong, and have the excellent location on Nathan Road right opposite the MTR station, from where travelers are only minutes away from renowned shopping and tourist spots.
Also, there are a number of hostels in the following areas: Mong Kok, Jordan and Causeway Bay.
16/F, Block D, Chungking Mansions, 36-44 Nathan Road, Tsim Sha Tsui, Kowloon
New Tokyo Hostel is a popular choice among budget travelers to Hong Kong. It is one of many accommodations at Chungking Mansions and located on Nathan Road in the Tsim Sha Tsui area. Getting around is easy with the MTR station, which is right across the road. Also, the bus stop of Cityflyer route A21 is only a few steps away.
B1 & B2, 10/F, Block B, Chungking Mansions, 36-44 Nathan Road, Tsim Sha Tsui, Kowloon
New United Co-Operate Hotel is a popular choice among budget travelers to Hong Kong, whether exploring or just passing through. It is conveniently located in the heart of Kowloon, just a few steps away from Kowloon Park and iSquare. Its ideal location in downtown gives excellent opportunities for exploring.
3F, Mascot House, 746-748 Nathan Road, Mong Kok, Kowloon
Ocean WiFi Hotel is located in the Mongkok area within a short walking distance from the shopping venues, like Ladies Market, Langham Place Shopping Mall or Fa Yuen Street. Also, the surrounding areas are full of restaurants and small eateries.
C3&5, 13/F, Block C, Chungking Mansions, 36-44 Nathan Road, Tsim Sha Tsui, Kowloon
Osaka Hostel is conveniently located in the popular Tsim Sha Tsui area. This city center accommodation is just a few steps away from the MTR station, a few minutes walk from Star Ferry, Victoria Harbour, Museum of History and a countless number of shops and restaurants.
Flat C, 11/F, Comfort Building, 88 Nathan Road, Tsim Sha Tsui, Kowloon
Located right in the heart of Tsim Sha Tsui, the Panda's Hostel offers to its guests budget accommodation units and a great location. The Tsim Sha Tsui MTR station is just at the corner. Also, there is a bus stop of A21 route nearby, which provide transport services to/from the airport. The hostel comprises 7 guest rooms.
Flat A, 3/F, Comfort Building, 88 Nathan Road, Tsim Sha Tsui, Kowloon
Ideally located in the major touristic area of Hong Kong, Tsim Sha Tsui, right opposite the Kowloon Park, Panda's Hostel Elegant promises a relaxing and wonderful visit. It is close to major mode of Hong Kong's public transport, the MTR station is at the doorstep and provides a quick transportation to any point in the city.
Flat C, 11/F, 88 Nathan Road, Comfort Building, Tsim Sha Tsui, Kowloon
Panda's Hostel - Stylish is a popular choice among travelers to Hong Kong, whether exploring or just passing through. The accommodation offers a high standard of service and amenities (for that class) to suit the individual needs of all travelers. Conveniently located in Tsim Sha Tsui, it is only minutes away from major landmarks of the area.
Flat F, 11/F, 275 Gloucester Road, Entrance on Cannon Street, Causeway Bay, HK Island
This 1-star accommodation is located in the shopping district of Causeay Bay with its large number of shopping and dining venues. The Pandora After 80s Hostel is only a few minutes away from the MTR station, from where guests can easily get to almost any part in the city.
7/F, Block D, Chungking Mansions, 36-44 Nathan Road, Tsim Sha Tsui, Kowloon
Paris Guest House is conveniently located on the Nathan Road right opposite iSquare Shopping Centre and the Tsim Sha Tsui MTR station Exit E. This great location allows guests to be in touch with many tourist and shopping spots of Kowloon. In order to get there from the airport, take the bus A21 and get off at the bus stop #14.
15/F, Block A, Chungking Mansions, 36-44 Nathan Road, Tsim Sha Tsui, Kowloon
Park Guest House is located at the Chungking Mansions on Nathan Road. It is close to the Tsim Sha Tsui MTR stations, Victoria Harbour, iSquare and several museums. The convenient location provides a quick and easy access to the major parts of Hong Kong, including Central, Causeway Bay, Mongkok and the airport.

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