Hostels in Punta Arenas

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Prices may change – pop in your dates for the best estimate. Note that prices are based on previous traveller searches and partner prices.
Prices may change – pop in your dates for the best estimate. Note that prices are based on previous traveller searches and partner prices.
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Fast facts

Sleep easy, armed with the stuff that's good to know before you go.
Cheapest monthOctober
Most expensive monthApril
Top rated by travellersHaiken Hostal, 42 €
Cheapest bed foundHaiken Hostal, 42 €

Why choose a hostel in Punta Arenas?

Why choose a hostel in Punta Arenas?

Punta Arenas pulls travellers to the far south with raw, end-of-the-world energy. The city sits on the Strait of Magellan, and that geographic drama shapes everything here. Plaza Muñoz Gamero anchors the centre with its historic monuments and colonial architecture. The Municipal Cemetery is one of South America's most striking, with elaborate mausoleums set among cypress trees. Exploring either takes time, and hostels in Punta Arenas put you close to both without stretching your budget.

Hostels here work well for solo adventurers and budget-conscious travellers alike. Shared dorms cost significantly less than hotels or private rentals, and private rooms give you your own space at a price that still undercuts most hotel options. The social side matters too. Common areas connect you with other travellers heading to Patagonia, and that kind of local knowledge is worth more than any hotel concierge.

How to find the best hostel deals in Punta Arenas

Want to use the same magic that powers our award-winning flight search to track down incredible room rates online? Here are some hacks to find the perfect place to stay and save in no time.

Book in advance

Book early if you can. Planning well before you travel often means better prices and a wider selection of hostels in Punta Arenas, especially during busy travel seasons.

…or bag a last-minute Punta Arenas hostel deal.

Although prices tend to climb the closer it gets to the date of your stay, sometimes hostels reduce their rates at the last minute to keep rooms from sitting empty. It's more likely this will happen outside the busy season.

Flexible on dates? Say hello to better rates

If your dates are flexible, compare different months or seasons to find the best deal. Midweek stays are often a little more affordable than weekends, so even small changes can save you money.

Where to base yourself in Punta Arenas

The city centre is the most practical base in Punta Arenas. Plaza Muñoz Gamero sits at its core, surrounded by historic mansions, the regional museum, and plenty of affordable restaurants. Most hostels, bus terminals, and tour operators are within easy walking distance of the square. Staying here keeps logistics simple, especially if you're organising day trips to Penguin Island or the Strait of Magellan waterfront. A few blocks toward the waterfront, the area along Avenida Colón offers a quieter alternative with easy access to the shore. You're still close to the main square but slightly removed from the foot traffic. Budget eateries and small grocery stores are easy to find nearby. For most travellers, though, the central area around Plaza Muñoz Gamero is the strongest option for both convenience and value.

Top hostels in Punta Arenas

  • A welcoming base for exploring the far south, Haiken Hostal offers free Wi-Fi and a shared kitchen to keep your trip comfortable and affordable. Punta Arenas sits at the southern tip of South America, where wind-swept streets meet historic architecture and a waterfront stretching out toward the Strait of Magellan. It's a practical, friendly spot for anyone heading toward Patagonia.

  • A welcoming base for exploring South America's deep south, Residencial Tres Hermanos offers a comfortable, affordable stay in Punta Arenas. With a warm, family-run character, it suits those heading into Patagonia. The city's waterfront and historic plaza are within easy reach. You'll quickly get a feel for this windswept port town before heading further into the region.

Finding cheap hotels in Punta Arenas: FAQs

According to our pricing calendar data, you can bag the cheapest bed in October.

No! Hostels are a great option for anyone looking for a budget stay. These days, hostels in Punta Arenas are full of digital nomads and holidaymakers of all ages.

Yes. Party hostels and youth hostels with 20-person dorms do still exist in most cities, but so do ultra-modern boutique hostels with plenty of private rooms, cosy bars, and even swimming pools. These kinds of hostels are popular with solo travellers over 30.

Since you’ll be surrounded by other likeminded travellers, hostels are always the safest (and most sociable!) places to stay in Punta Arenas. You’ll meet new friends to go out with, share tips and advice on how to get around and find out if there are any unsafe places to avoid.

Most major Punta Arenas hostels even have female-only dorms. And if you’re worried about your belongings, don’t be — you can lock them away in a padlocked locker or safe while you’re out exploring.

Yes! Hostels in Punta Arenas generally tend to be the most budget-friendly option in Punta Arenas. Not only can you bag a bed for as little as 42 € per night, you can cook your own food in the hostel kitchen.

Other backpackers rated Haiken Hostal and Residencial Tres Hermanos as the best central Punta Arenas hostels for value, cleanliness and comfort.