In New York City, the average room rate is well over $300. But don’t let that scare you, there are great deals to be had. New York City has some unique sleeping options that offer both character and more budget-friendly prices than those monolithic high-rises in Midtown. You'll find old-fashioned B&Bs, European-style inns with shared bathrooms, hostels and even pod hotels. To find the best room rates, flexibility is key – weekdays are often cheaper, and you’ll generally find that accommodations in winter months have smaller price tags.