When travelling on a budget, take a look at Art Apart Hostel with room rate starting from 25C$. If you're travelling on a fixed budget, consider staying at Hotel San Juan Merida, which is a 5-minute walk to the center. A good budget option is the 3-star Colon, which is a 15-minute walk away from El Estudio!.
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Gran Hotel De Merida is a boutique hotel located near Iglesia El Jesus and Palacio Canton.
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Big Room Own Access is a B&B located a 20-minute walk from Nahualli Casa de los Artistas. Business travelers can stay at Hacienda Inn Aeropuerto and Best Western Maya Yucatan in Centro de Merida district, since it provides you with an outdoor swimming pool, a sauna and an indoor swimming pool. Make sure to choose Hacienda Tepich Casa Vargas near Parque Estatal Lagunas de Yalahau - a top-rated resort with views of the garden.