Toronto is a city that's no stranger to tourism and we always welcome visitors! With infamous sites like the CN Tower, the ROM, the Toronto Islands, and the historic Distillery District there's definitely no shortage of exciting activities in our great city. 

While there are tons of gorgeous hotels to choose from all over the city, they're definitely not the best option for those who want to do their vacation on the cheap. If you want to visit the city on a budget, hostels are definitely the way to go! 

Luckily, there are tons of amazing hostels in the city, located in the best areas just waiting to be explored! These are the six best-rated hostels in Toronto that are way better, and cheaper, options than hotels! 

HI Toronto

Where: St Lawrence Market

Via HI Toronto

HI Toronto was voted as the best hostel in the city for solo travelers to stay! There's a bar, cafe, and restaurant all within the hostel, making it super easy to meet people and fully enjoy your hostel experience. They offer tons of different room options ranging from 14-bed mixed gender dorms to double private rooms. Prices also range from $40 per night to $171 per night! They also offer tons of great activities in the city and of course, free WiFi!


Via HI Toronto

Via HI Toronto

Planet Travelers 

Where: Harbord Village

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The Planet Hostel was voted the overall best hostel and Toronto and it's pretty clear why. Located in a century-old building in Harbord Village you'll be in one of the coolest areas in the city where you can spend your evening sipping a glass of wine on their rooftop patio that offers an unreal view of the city skyline! They offer free breakfast, WiFi, and a green footprint.


Via Planet Traveler

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Clarence Park Hostel

Via Clarence Park Hostel

This is a great hostel located in the heart of Toronto's downtown area near main streets like Spadina and King West! They have options from cozy dorms to private suites with views of the park. They offer free WiFi, a huge rooftop deck with great views, laundry, a kitchen, a lounge, and tons of cafes and restaurants nearby!


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College Backpackers Inn

Where: Kensington Market

Via College Backpackers Inn

Located in the heart of Toronto's trendy and hip Kensington Market is one of the best downtown hostels in the city! They offer super affordable prices for travelers and you'll be close to some of the coolest shops, cafes, and restaurants this city has to offer, not to mention Chinatown is right around the corner! Your stay will include breakfast, WiFi, a TV and games room, a fully equipped kitchen, a pizza restaurant on-site, and access to a 24-hour convenience store!


Via College Backpackers Inn

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All Days Hostel

Where: St. James Town

Via All Days Hostel

Located close to the upscale Yorkville area of Toronto is this adorable hostel that's perfect for anyone looking to explore the best parts of this city. They offer super low prices, free WiFi, air conditioning for the summer months, airport pickups, and even day trips to Niagara Falls!


Via Yelp

The Only Backpackers Inn

Where: The Danforth

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Head over to Toronto's east end and you'll find one of the best hostels in the city for people who definitely want to party while they're here. On the main floor is a popular bar and cafe called The Only and upstairs is where you'll find the cool hostel rooms! They offer free WiFi and breakfast. There's also a restaurant, TV area, and a BBQ area in the summertime.


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