Bunk with a partner at Hostel Lit, a modernist seven-room hostel within walking distance of the Centro gay-nightlife district. The hostel caters exclusively to gay men on a budget ($14 for a shared room), but also offers laundry and a full shared kitchen.
Overlook the historic downtown district from the rooftop garden and bar at La Perla, a spacious, three-room B&B in an old Moorish mansion managed by partners Chris and Lars ($150). The décor is inspired by old-school Mexican movie stars, and each room has a private balcony.
Ask for a city view at Hotel Portobelo ($46), a contemporary 86-room hotel in the cool Chepultepec district (near Angel’s Club), steps from historic downtown.