Most of Manila’s budget accommodation is in the Manila Bay area, specifically in the enclaves of Ermita and Malate, which also have a high density of cheap restaurants, bars and tourist services. In recent years a number of reasonably priced mid-range hotels have sprung up, as well as several five-star places along Manila Bay, joining the historic Manila Hotel.
In the business district of Makati, there’s some mid-range accommodation in and around P. Burgos Street at the northern end of Makati Avenue, beyond the Mandarin Oriental Manila. This is close to the red-light district, so if you want somewhere else in Makati try the somewhat anaemic but comfortable boutique hotels in Arnaiz Avenue, behind the Greenbelt mall. Most of these hotels are aimed at travelling executives who don’t want to fork out for a five-star, and are an affordable, safe option in a convenient location.
The hotels in Quezon City are almost all around Timog Avenue and Tomas Morato Avenue, close to the nightlife; if you’re planning to catch an early bus from Cubao it might be worth considering staying here. If you have an early flight and a bit more cash to spend there are some convenient and luxurious options close to the airport.