Best value neighbourhoods
Mouraria and Intendente: 10 minutes' walk from Baixa, the most authentic and cheapest areas. 3-star nights around €70-90, local restaurants, street art. Our top pick for tight budgets.
Graça and São Vicente: hills above Alfama, great views, quiet at night. €80-110/night. Reachable by tram 28 or on foot.
Estrela and Campo de Ourique: residential, safe, well served by tram. €75-100/night. Less touristy, more locals.
Parque das Nações: modern, near the airport, €90-120/night. Good for business trips or a transit night.
Avoid: Baixa and Chiado for price alone (€150-220 for average comfort), unless you find a special deal.