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Budget EatsLisbon

Lisbon Affordable Eats: 10 Budget-Friendly Spots with Great Value.

August 16, 20255 min
Lisbon offers a surprisingly accessible dining scene where great value meets generous portion sizes, perfect for anyone watching their budget. Spots like Estaminé art food drink, Augusto Lisboa, and Yak & Yeti (Lisbon) serve up quality meals without stretching your wallet, while casual favorites such as As Bifanas do Afonso and Hot Dog Lovers satisfy cravings with affordable prices and hearty servings. This city’s budget eats cater especially well to students and locals alike, proving that good food doesn’t have to come at a high cost[3][4]. Request ID: 1755355637874.
The best budget eats in Lisbon include Estaminé art food drink, Augusto Lisboa, Yak & Yeti (Lisbon). Our guide features 10 top-rated restaurants with an average rating of 4.6 stars.
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Popular choices include Estaminé art food drink and Augusto Lisboa. Top-rated options with excellent reviews in Lisbon.

Estaminé art food drink

Calçada do Monte 86A, 1170-112 Lisboa, Portugal
4.9
RestaurantHighly Rated
Estaminé art food drink

If you're looking for a cozy spot in Lisbon that feels like a friend's kitchen, Estaminé art food drink is a solid pick for budget-conscious diners. The menu is small but thoughtfully curated, featuring homemade dishes with fresh, local ingredients. Portions are generous and satisfying, which makes it easy to get good value without overspending. The vibe is warm and intimate, with artistic decor that adds charm without fuss. Service is friendly and personal, making you feel right at home. Dishes like their potato tray with meat and chickpea salad stand out for taste and heartiness. It’s a great hangout for students or anyone wanting quality meals in a relaxed atmosphere without stretching the wallet. Reservations are wise since seating is limited and the place can fill up during peak hours.

Augusto Lisboa

R. de Santa M.nha 26, 1100-491 Lisboa, Portugal
4.8
Restaurant$$Highly RatedPopular
Augusto Lisboa

Augusto Lisboa in Alfama offers a warm, casual vibe that’s perfect for students and anyone mindful of their budget. The cozy interior and friendly staff make it easy to relax, whether you’re grabbing brunch or lunch. Portions here are notably generous, especially for dishes like their vegan risotto or hearty avocado toast, which deliver solid value without skimping on quality. Prices are approachable, making it a smart pick for filling meals that don’t break the bank. The menu features a range of vegetarian-friendly options prepared with fresh ingredients, and the bright, inviting atmosphere adds to the charm. It’s a popular spot, so visiting earlier or midweek helps avoid the usual queues. Great for groups or solo diners looking for satisfying, affordable eats in Lisbon.

Yak & Yeti (Lisbon)

Calçada de Santo André 17, 1100-466 Lisboa, Portugal
4.7
Restaurant$Highly RatedPopularBudget
Yak & Yeti (Lisbon)

Yak & Yeti in Lisbon is a cozy spot that offers solid value for those mindful of their spending without sacrificing quality. The portions here are generous, especially notable in dishes like the vegetable thali and momos, which are favorites among locals and visitors alike. The menu is well-suited for vegetarians and vegans, making it a great choice for students or anyone looking for affordable, wholesome meals. Service is friendly and attentive, and the atmosphere is relaxed with a comfortable seating arrangement—perfect for a casual meal with friends or quick bites after class. Prices align well with the quality delivered, making it a reliable go-to for satisfying, budget-conscious diners in Lisbon[1][2][3].

As Bifanas do Afonso

R. da Madalena 146, 1100-340 Lisboa, Portugal
4.6
Restaurant$Highly RatedPopularBudget
As Bifanas do Afonso

As Bifanas do Afonso is a true gem for anyone watching their budget but craving a classic Lisbon snack. With over 50 years of tradition, their bifanas come on crusty bread with a well-seasoned pork filling and a secret sauce that keeps folks coming back. The portion is satisfyingly generous for just around €3, offering solid value that’s perfect for students or anyone needing a quick, hearty bite without fuss. The kiosk near Rua dos Sapateiros makes grabbing your bifana easy and fast, ideal for a casual on-the-go meal. Sitting inside the nearby hotel restaurant is an option if you want a bit more comfort but expect a slightly higher price and added sides. The atmosphere at the kiosk is lively, with friendly service and a buzz reflecting its popularity among locals. It’s a spot where good food and affordability meet effortlessly. Whether you're exploring Lisbon’s heart or needing a wallet-friendly meal, this place hits the mark without compromises.

Hot Dog Lovers

Av. da Liberdade 216 Posto 2, 1250-096 Lisboa, Portugal
4.5
Restaurant$$Highly RatedPopular
Hot Dog Lovers

Hot Dog Lovers in Lisbon is a solid choice if you're watching your budget but still want a satisfying meal. Their hot dogs come in generous portions that are hearty enough to fill you up without stretching your wallet. The standout is their chili dog on a poppy seed bun—flavorful and far from dry—and the toppings like guacamole add a fresh twist without extra cost[1]. The casual, laid-back vibe with outdoor seating in the shade makes it easy to enjoy your meal, especially on sunny days, while the friendly staff keep the atmosphere welcoming[1][5]. Extras like cheese nachos and cebolada provide variety at reasonable prices, making it a favorite among students and anyone looking for a good value quick bite without fuss[3]. While precise prices aren't widely published, customer feedback consistently notes the food quality punches above its price point. It’s best to visit during quieter hours to avoid waits, as the spot gains steady popularity for its mix of good portions and wallet-friendly eats[1][3].

El-Rei Dom Frango

Calçada do Duque 5, 1200-155 Lisboa, Portugal
4.6
Restaurant$$Highly RatedPopular
El-Rei Dom Frango

El-Rei Dom Frango in Lisbon is a solid pick for anyone watching their budget but craving hearty, flavorful piri-piri chicken. The portions here are generous, perfect for students or anyone who appreciates getting full without spending much—meals typically range between €10-€15, making it a great value. The chicken is marinated in a well-loved secret blend of herbs and spices, offering consistent taste without cutting corners on quality. The vibe is casual and lively, with a friendly, bustling atmosphere that feels approachable rather than fancy. It’s best to avoid peak hours for a relaxed experience and the welcoming staff add to the down-to-earth charm. Sharing dishes is also a good idea if you’re not super hungry but want to try more[1][3][4].

Lisboa Tu e Eu 2

Escadinhas das Portas do Mar 4, 1100-410 Lisboa, Portugal
4.6
Restaurant$$Highly RatedPopular
Lisboa Tu e Eu 2

Lisboa Tu e Eu 2 is a cozy, small spot in Lisbon that feels like a local secret, perfect for anyone mindful of budget without wanting to compromise on authentic Portuguese flavors. The portions here, especially the bacalhau dishes and pica pau, are generous enough to satisfy hearty appetites, making it great for students or anyone looking for value. Prices stay affordable, with a typical meal including drinks around 30-50 euros for two people, offering quality that feels home-cooked rather than rushed or watered down. The atmosphere is warm and intimate, with folks often sitting close together, adding to the casual and friendly vibe. The staff are welcoming and attentive, enhancing the experience without fuss. Timing your visit during quieter hours helps avoid lines, as the place fills up quickly despite its modest size. If you want Portuguese comfort food without stretching your wallet, this place is definitely worth seeking out.

Zé dos Cornos

Beco Surradores 5, 1100-591 Lisboa, Portugal
4.5
Restaurant$Highly RatedPopularBudget
Zé dos Cornos

If you’re looking for solid value in Lisbon, Zé dos Cornos is a perfect choice for budget-conscious diners. This family-run tasca keeps things simple and honest—rustic, no-frills decor with communal seating and lively vibes that make it feel like a local favorite. The portions here are hearty, especially their spare ribs, which are tender and generously sized, paired typically with rice and beans or fried potatoes. The kitchen uses quality ingredients to deliver classic Portuguese dishes like bacalhau à brás and pork secretos without breaking the bank. Service is friendly and efficient, though the small space means it can get busy, so arriving early is smart. It’s a great spot for students or anyone wanting authentic flavors, filling plates, and a warm atmosphere without stretching the wallet[1][2][5].

Zé da Mouraria

R. João do Outeiro 24, 1100-292 Lisboa, Portugal
4.4
Restaurant$$Popular
Zé da Mouraria

If you’re hunting for a spot in Lisbon where your meal stretches far without stretching your wallet, Zé da Mouraria is a solid bet. Known for generous portions like their roasted cod with garbanzo beans or hearty ribs with bean rice, the plates come piled high, perfect for sharing or a very satisfying solo meal. The quality feels home-cooked, with fresh ingredients and authentic flavors that don’t skimp despite the modest prices. The vibe is cozy and lively—small and often packed, it invites lingering over long lunches, with friendly staff that make you feel part of the family. It’s especially great for students or anyone wanting a filling, no-fuss meal that won’t break the bank. Just tiptoe around peak lunch hours or arrive early to avoid waits. This place nails budget eats with real Portuguese soul.

Floresta das Escadinhas

R. de Santa Justa 3, 1100-483 Lisboa, Portugal
4.7
Restaurant$Highly RatedPopularBudget
Floresta das Escadinhas

Floresta das Escadinhas is a cozy spot where you get generous portions of fresh Portuguese seafood and grilled meats without stretching your budget. The menu is simple but hits the mark—think grilled sardines, octopus, or mixed fish plates served with potatoes and a crisp small salad. The quality is solid for the price, with fresh ingredients and straightforward preparation that feels authentic rather than fussy. Seating is snug, with stools close together, creating a lively, friendly vibe where staff are attentive and welcoming, making it a good fit for students or anyone wanting a casual, satisfying meal. It’s popular, so booking ahead is smart to avoid wait times during busy hours. If you’re after honest, affordable Lisbon flavors that fill you up, this is a reliable choice.

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Frequently Asked Questions

Our curated guide features 10 top-rated budget eats in Lisbon, Portugal. Each restaurant is selected based on authentic reviews, local recommendations, and quality dining experiences. From hidden gems to popular hotspots, discover the perfect dining experience for every occasion.

Have more questions? Our Lisbon dining guide is continuously updated. Contact us for personalized recommendations or to suggest new restaurants for inclusion.