Dozens of hotels sit within a 5-minute walk of Penn Station's entrances on 7th and 8th Avenues. Whether you're catching an early NJ Transit or late-night LIRR, staying nearby eliminates the commute entirely.
💡 Book at least 3 days ahead for best rates — Midtown hotels sell out fast on weekends
Price bands reflect each hotel's typical market position, not a live quote — $ budget · $$ mid-range · $$$ upscale · $$$$ luxury. Tap any hotel for current nightly rates.
New Yorker by Lotte Hotels (8th Ave & 34th St, formerly The New Yorker Hotel) and the Fairfield Inn & Suites Penn Station (325 W 33rd St, one block away) are the closest, each within about 0.1 mile of the station entrances. The Hampton Inn on W 31st St is also extremely close to the 8th Ave entrance.
How much do hotels near Penn Station cost?
Budget options start around $149–$179/night. Mid-range hotels (most chains) run $200–$280/night. Upscale boutique options are $320–$500+/night. Rates spike significantly on weekends (especially Friday–Saturday nights), during MSG events, and around holidays. Booking 3–7 days ahead during the week usually gets you the best rates.
Is it safe to stay near Penn Station?
The blocks immediately surrounding Penn Station — particularly on 7th, 8th Ave, and 34th Street — are busy, well-lit commercial areas that are safe at all hours. The area gets crowded and chaotic during rush hour but is generally safe. Like anywhere in Midtown, exercise normal urban awareness at night. The neighborhood has improved significantly in recent years with the construction of Moynihan Train Hall.
Which hotel chains have properties near Penn Station?
You'll find Marriott, Hilton (Hampton Inn, Hilton Garden Inn), IHG (Holiday Inn, EVEN Hotels), Wyndham, and independent boutique hotels all within a short walk. The area is well-served by every major chain. Marriott Bonvoy and Hilton Honors members will find multiple options to earn and redeem points.
Is parking available at hotels near Penn Station?
Most hotels near Penn Station do not have on-site parking — this is standard for Midtown Manhattan. Hotels that do offer parking typically charge $60–$90/night for valet. If you're driving, it's almost always cheaper to park in a nearby garage via SpotHero or ParkWhiz ($20–$40/day if booked ahead) and walk to the hotel. See our Penn Station parking guide for specific garage options.
Can I store luggage at my hotel before check-in?
Most full-service hotels near Penn Station offer complimentary luggage storage for guests (before check-in or after check-out). Call ahead to confirm. If your hotel doesn't offer this, Bounce (from $6/bag/day flat) and LuggageHero (from $1.99/hour) both have nearby partner locations. See our luggage storage guide for details.