3 Budget Hostels Near Nanjing Road That Won’t Break the Bank

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Finding an affordable, clean, and well-located place to stay in the heart of Shanghai can be a challenge. You want to be steps away from the iconic Nanjing Road and The Bund without spending a fortune. After a deep dive into guest reviews, amenities, and locations, we have compared three of the most popular budget-friendly hostels in the People's Square and South Bund Huangpu district. Whether you are a solo backpacker or a group of friends, our guide to the Wan Mei Jia Ri Guo Ji Qing Nian Lü She, Hi Cozy Youth Hostel, and Dayin International Youth Hostel will help you make the perfect choice for your Shanghai adventure.

Location is everything in Shanghai, and all three of these properties put you within walking distance of the city's most famous sights, including the bustling Nanjing Road Pedestrian Street and the scenic Bund waterfront.

Quick Comparison: Top Budget Hostels near Nanjing Road

Feature Wan Mei Jia Ri Guo Ji Qing Nian Lü She Hi Cozy Youth Hostel East Nanjing Road & The Bund Dayin International Youth Hostel - East Nanjing Road & The Bund
Star Rating2 StarsGold Star (Property rated)3 Stars (Gold Star rated)
Year Opened / RenovatedOpened 2017Opened 2024 (Newly built)Opened 2022
Number of Rooms358080
Key HighlightHeart of Shanghai, very centralExceptional 9.3 rating, spotless cleanlinessFree laundry, on-site craft beer bar
Check-in / Check-out14:00 / 12:0014:00 / 12:0012:00 / 12:00
3 Budget Hostels Near Nanjing Road That Won’t Break the Bank

Wan Mei Jia Ri Guo Ji Qing Nian Lü She: The Classic City Center Choice

If your priority is being literally inside the city center with easy access to public transportation, the Wan Mei Jia Ri Guo Ji Qing Nian Lü She is a solid option. Located on Fengyang Road in the Huangpu district, this 2-star property is just 480 meters from People's Square Metro Station. While it has a modest 35 rooms, its charm lies in its simplicity and unbeatable location. The property opened in 2017, so it offers a more modern design compared to older budget hostels. Guests appreciate the luggage storage facilities and the fact that it is nestled in a neighborhood preferred by frequent travelers. However, note that this hostel has a stricter child policy and does not allow pets. It’s perfect for solo travelers or couples who plan to spend most of their time exploring and just need a safe, central place to sleep.

Ready to book your central Shanghai retreat? Check Availability & Rates at Wan Mei Jia Ri Guo Ji Qing Nian Lü She

Hi Cozy Youth Hostel East Nanjing Road & The Bund: The Modern Social Hub

Brand new for 2024, Hi Cozy Youth Hostel has quickly become a favorite among travelers, earning an exceptional guest rating of 9.3. Located at No. 350 Shanxi South Road, this hostel shines with its modern facilities and vibrant atmosphere. It is praised for its sparkling clean rooms, well-appointed bathrooms, and a friendly, helpful staff (with special mentions to Yoyo, Alice, and Melody). The hostel is huge, with 80 rooms across 6 floors, and features a shared lounge with a large-screen TV, a fitness center, a game room, and even a yoga room.

Why Guests Love Hi Cozy

  • Impeccable Cleanliness: Daily disinfection in all rooms and common areas, plus spotless showers and toilets.
  • Ideal Location: Just a 4-5 minute walk from East Nanjing Road Metro Station (Exit 1), surrounded by shopping malls and local restaurants.
  • Modern Privacy: Bunk beds come with privacy curtains, and many rooms feature private bathrooms.

Whether you are looking to join a pub crawl, relax on the terrace, or just have a cozy night watching complimentary movies, this hostel offers a dynamic environment for all types of travelers.

Don't miss out on this top-rated hostel! Book Your Stay at Hi Cozy Youth Hostel Now

Dayin International Youth Hostel: Best Value with Free Laundry & Craft Beer

For travelers who want exceptional value without sacrificing comfort, the Dayin International Youth Hostel - East Nanjing Road & The Bund is a top contender. This 3-star hostel opened in 2022 and has quickly built a reputation for its convenient location and outstanding amenities. It is located just a 2-minute walk from the Nanjing Pedestrian Street and People's Square Station (Exits 7 or 19). What sets Dayin apart are the unique perks: guests rave about the free laundry service with free detergent, free disposable towels and slippers, and clean beddings that come in sealed, disinfected packages.

"The best part is the free laundry with free powder soap." - A recurring theme in guest reviews, highlighting the hostel's attention to traveler needs.

The on-site bar, Ease Taproom, on the second floor is a craft beer lover's paradise and a great place to socialize. The rooms (including 4, 6, and 8-bed dorms) feature bunk beds with blackout curtains, USB ports, and universal sockets. The staff is repeatedly praised for being supportive and amazing, and the property maintains high cleanliness standards with frequent bathroom cleanings.

FeatureDayin International Hostel
Free Laundry✓ Yes (with powder)
Craft Beer Bar✓ Yes (Ease Taproom)
Child PolicyChildren 1-17 stay free (using existing bedding)
Distance to MetroVery close to People's Square Station

Experience the best value in Shanghai. Reserve Your Room at Dayin International Youth Hostel

Conclusion: Which Shanghai Hostel is Right for You?

Choosing the right budget accommodation in Shanghai comes down to your personal travel style. If you want the absolute most central location and a no-frills, classic hostel experience, Wan Mei Jia Ri Guo Ji Qing Nian Lü She is your pick. For travelers who prioritize modern cleanliness, social activities, and a brand-new facility, the Hi Cozy Youth Hostel is unbeatable. However, if you are looking for the best overall value—including free laundry, a cool bar, and a very central location—the Dayin International Youth Hostel offers the most bang for your buck. All three provide excellent access to Shanghai's top attractions, so you really can't go wrong. Book early, as these popular destinations fill up quickly!

Frequently Asked Questions (FAQ)

Are these hostels close to The Bund?

Yes, all three hostels are within walking distance of The Bund. Dayin and Hi Cozy are particularly close to the start of East Nanjing Road Pedestrian Street, which leads directly to The Bund.

Do these hostels offer free Wi-Fi?

Yes, all properties listed provide free Wi-Fi in all rooms and public areas. Hi Cozy and Dayin specify a daily internet/Wi-Fi fee of 0 CNY, meaning it's completely free.

Can I store my luggage at these hostels?

Wan Mei Jia Ri offers luggage storage. Hi Cozy reviews also mention that they hold luggage for guests, and the front desk is available 24 hours for convenience.

Are there private rooms available?

While these are youth hostels with dormitory-style beds, many offer private room options. For example, Hi Cozy has twin bunks with private bathrooms, and Dayin has various room types. Check individual room capacities when booking.

Is breakfast included?

Breakfast is generally not included in the base price. However, Dayin International Youth Hostel offers breakfast for a charge of 38 CNY, while Hi Cozy lists a breakfast charge of 0 CNY, suggesting it may be free or not offered.

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