Cheap Hotels for Lollapalooza 2026 Chicago — Real Prices
Lollapalooza 2026
July 30 - August 2, 2026
Price spike: 100-200%
Grant Park location means every downtown hotel within walking distance doubles or triples in price. Budget hotels sell out weeks in advance.
💡 Tip: Grant Park is the venue, so anything on the L train works. Wrigleyville hotels stay cheaper and the Red Line runs late during Lolla weekend.
Lollapalooza is Chicago's massive four-day music festival held in Grant Park, right in the heart of downtown. With 100,000+ attendees per day, it's the single biggest hotel price spike event in Chicago. Every walkable downtown hotel doubles or triples in price, and budget options sell out weeks in advance. Staying along the L train line is the budget move.
HI Chicago Hostel
0.5 mi from Magnificent Mile
Cheapest clean option downtown. Shared rooms. Kitchen access saves on meals. Great location.
Travelodge by Wyndham Chicago
2.5 mi from Magnificent Mile
Budget option further from downtown. CTA accessible. Clean enough for a night or two.
Freehand Chicago
0.2 mi from Magnificent Mile
Boutique hostel-hotel hybrid. Private rooms available. Excellent bar. Steps from Michigan Ave.
Congress Plaza Hotel
1.0 mi from Magnificent Mile
Historic landmark hotel. Grand lobby, dated rooms. $30 in hidden fees feels excessive for the condition.
Best Western River North
0.3 mi from Magnificent Mile
Premium location in River North. Rooms are standard chain quality. $24 in fees for the location tax.
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This site contains affiliate links. We may earn a commission when you book through our links, at no extra cost to you. Prices shown were last verified on 2026-02-13 and may have changed. Event pricing reflects our best estimates and may vary.